Chalet Hotels Ltd on Tuesday reported a narrowing of consolidated net loss at Rs 11.45 crore for the fourth quarter ended March 2022. The company had posted a consolidated net loss of Rs 25.98 crore in the same quarter of the preceding fiscal, Chalet Hotels Ltd said in a regulatory filing. Consolidated revenue from operations [...]
Asian Paints on Tuesday reported a marginal increase in consolidated net profit at Rs 874.05 crore for the fourth quarter ended March 31, 2022. The company had logged a net profit of Rs 869.89 crore in the year-ago period, Asian Paints said in a regulatory filing. Revenue from operations was up 20.60 per cent to [...]
Cash management company CMS Info Systems on Tuesday said it is eyeing for a nearly 70 per cent growth in its top line in the next three years as the use of cash continues in the country's economy. The company had set a target to grow at a compounded annual rate of 18 per cent [...]
The government has imposed a countervailing duty on copper tubes and pipes coming from Malaysia, Thailand and Vietnam for five years, following recommendations by the Directorate General of Trade Remedies that has probed the matter on a suo-moto basis. The imposition of the duty is aimed at guarding domestic players against imports that are subsidised [...]
FMCG major Procter & Gamble (P&G) on Tuesday announced new commitments as part of its efforts to strengthen equality and inclusion in India and increased the total spending to support women-led businesses to Rs 500 crore by 2025. Last year, P&G India - which owns power brands including Ariel, Tide, Whisper, Gillette, Oral B, head [...]
Home construction and renovation app Kolo on Tuesday said it has raised USD 4 million from global venture capital firm RTP Global and existing investor Better Capital. The new investment will help fuel the company's continued growth, enhance the consumer side product offerings, including the content-recommendation engine, the community offering, digital portfolio and tools for [...]
JSW Steel on Tuesday said its crude steel production increased 22 per cent to 16.67 lakh tonne in April 2022. Crude steel production in April 2021 stood at 13.71 lakh tonne, JSW Steel said in a statement. "JSW Steel reported crude steel production for the month of April 2022 at 16.67 lakh tonne, that grew [...]
