Microsoft CEO Satya Nadella has said it is an honour for him to receive the Padma Bhushan, the third-highest civilian award and he looks forward to continuing to work with people across India to help them use technology to achieve more. Nadella, who plans to visit India next January, formally received the award for distinguished [...]
Shares of Tracxn Technologies climbed nearly 6 per cent in debut trade on Thursday against the issue price of Rs 80. The stock made its debut at Rs 83, registering a rise of 3.75 per cent against the issue price on BSE. It further climbed 23.68 per cent to Rs 98.45. At the NSE, it [...]
HDFC Asset Management Company (AMC) on Wednesday reported a 6 per cent growth in profit after tax (PAT) at Rs 364.1 crore for the July-September quarter of the current financial year. In comparison, the asset management firm had a PAT of Rs 344.5 crore in the same quarter of preceding fiscal, HDFC AMC said in [...]
Adani Group, which missed the date for the launch of an open offer to buy an additional 26 per cent stake in NDTV, on Wednesday said it is committed to completing the process and has asked SEBI to provide comments on its draft open offer letter. The conglomerate, run by India's richest man Gautam Adani, [...]
KP Energy's consolidated net profit rose over 49 per cent to Rs 6.7 crore in the September quarter. The consolidated net profit of the company was Rs 4.49 crore in the year-ago period, according to a BSE filing. The total income of the company rose to Rs 57.85 crore in the quarter under review from [...]
Multiplex chain operator Inox Leisure Ltd on Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls. The company had posted a net loss of Rs 87.66 crore in the July-September period a year ago, [...]
The shares of Container Corporation of India Ltd. (CONCOR) jumped 6.88% on Wednesday to close at Rs. 771 per share. The surge in CONCOR’s stock price has been attributed to the news of DIPAM initiating roadshows for the divestment of the company. Incorporated in March 1988, CONCOR is a subsidiary of the Ministry of Railways, [...]
Syngene International on Wednesday reported a 53 per cent rise in consolidated net profit at Rs 102 crore in the second quarter ended September 2022 on the back of higher revenue. The company, which is an integrated research, development and manufacturing services firm, had posted a consolidated net profit of Rs 66.7 crore in the [...]
RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year. Goyal further said that the policy rate hikes have largely reversed pandemic-time cuts [...]
The shares of Xpro India Limited had declined marginally and were trading at Rs 749 before the closing hours on Wednesday. In the last five days, the stock has zoomed by approximately 7 per cent. XPRO India Ltd, part of Birla Group, is engaged mainly in the business of polymers processing and stands as a [...]
