CG Power and Industrial Solutions on Monday reported 89 per cent fall in consolidated net profit at Rs 111.65 crore for the quarter ended March 2022. In the year-ago quarter, the net profit was at Rs 992.89 crore, it said in a regulatory filing. Total income in January-March 2022 was at Rs 1,514.84 crore as [...]
New Delhi, May 2 (PTI) After Fino Payments Bank shareholders rejected a proposal to reappoint two independent directors, the parent firm Fino Paytech on Monday said the changes in the board composition are on account of a "policy decision on the reappointment". Fino Payments Bank on April 30 had said that its shareholders rejected the [...]
Mumbai, May 2 (PTI) Mid-sized fund house DSP Investment Managers has said its investors have gained 19.1 per cent on an annual basis in the past 25 years from its flexi cap fund. Launched late April 1997, the flexi cap fund has an AUM of Rs 7,661 crore as of end March 2022 and is [...]
The shares of the company opened at share price 121 on listing day MUMBAI, India, May 2, 2022 /PRNewswire/ -- Indo Amines Limited, one of the country's leading maker of Fine Specialty & Performance Chemicals, has listed its shares on the National Stock Exchange (NSE). On its first day, the company's shares opened at 121. [...]
Shares of Wipro on Monday declined by nearly 3 per cent after the company's quarterly earnings failed to cheer investors. The stock declined 2.74 per cent to settle at Rs 495.05 on the BSE. During the day, it dipped 3.19 per cent to Rs 492.75. At the NSE, it went lower by 2.61 per cent [...]
New Delhi, May 2 (PTI) The commerce ministry will soon come out with detailed FAQs (frequently asked questions) on the recently implemented free trade agreement between India and the UAE to help the domestic industry understand benefits of the pact in a simple manner, an official said. The India-UAE Comprehensive Economic Partnership Agreement (CEPA), which [...]
Mahindra Holidays and Resorts India Ltd on Monday reported its consolidated profit after tax at Rs 15.87 crore in the fourth quarter ended March 31, 2022. The company had posted a consolidated loss after tax of Rs 9.73 crore in the same period of previous fiscal, Mahindra Holidays and Resorts India Ltd (MHRIL) said in [...]
Mumbai, May 2 (PTI) The Bombay High Court on Monday directed the Mumbai International Airport Ltd (MIAL) to file an affidavit listing steps it had taken to clear the obstacles and buildings violating norms that fell along the path of flight takeoffs and landings. A bench of Chief Justice Dipankar Datta and V G Bisht [...]
Multiplex chain operator Inox Leisure Ltd on Monday reported narrowing of consolidated net loss to Rs 28.17 crore for the fourth quarter ended March. The company had posted a net loss of Rs 93.69 crore in the January-March quarter a year ago, according to a regulatory filing. Its revenue from operations was up over three-fold [...]
New Delhi, May 2 (PTI) Union Minister Nitin Gadkari on Monday made a case for extending priority sector lending facilities for entities engaged in production and business of alternative fuels like bio-ethanol, CNG and LNG, a move that will help cut imports of fossil fuels. Addressing an event here, the Road Transport and Highways Minister [...]
Gurgaon, Haryana, India – Business Wire India LendenX is taking a big step in the journey to making crypto more accessible to everyone globally. Life is becoming more digital than ever before with the emergence of millions of internet-connected devices, often referred to as the Internet of Things. Although the hype may have slowed from [...]
New Delhi, May 2 (PTI) Internet commerce company Meesho on Monday announced a strategic association with Google Cloud to drive its digital transformation journey. With this collaboration, Meesho expects to generate significant competitive advantage as it looks to build an AI-first supplier experience, better user acquisition strategies and a personalised shopping experience for the next [...]
List of Most Successful Value Investors in the World: Value investing is the most successful investment strategy to make consistent returns from the market. It is a time-proven century-old investing strategy. The basic strategy of value investing is to buy companies at a significant discount. Here, you look for an amazing company, find its true [...]
New Delhi, May 2 (PTI) Union road transport and highways minister Nitin Gadkari on Monday said that if the US-based EV maker Tesla manufactures its electric vehicles in India then the company will also get benefits. Addressing an event here, Gadkari said days are not very far when the prices of all electric vehicles will [...]
Mumbai, May 2 (PTI) Dental technology startup Toothsi on Monday said that it has raised USD 40 million (over Rs 305 crore) in a round of funding from a clutch of investors, including veteran banker Aditya Puri, Eight Roads Ventures, Paramark and IIFL. The newly raised funds will be used for building a team which [...]
Mumbai, May 2 (PTI) The share of incremental bank credit in incremental nominal GDP is likely to cross the 50 per cent mark in the current financial year, from a decade low of 27 per cent in FY2022, an SBI research report said on Monday. The incremental credit to GDP share was as high [...]
New Delhi, May 2 (PTI) Agri startup AgNext Technologies is planning to raise Rs 500-600 crore in the next two quarters of the current fiscal for integration of the existing post-harvest technology offerings and expansion of overseas business, the company's Founder and CEO Taranjeet Singh Bhamra said. Talking to PTI, Bhamra said the company has [...]
Mumbai, May 2 (PTI) Geojit Financial Services on Monday reported a net income of Rs 36 crore for the March quarter, down marginally from Rs 37 crore a year ago, on lower income due to the market volatility. The Kochi-based brokerage said its quarterly revenue was flat at Rs 123 crore, while net income inched [...]
Platform to showcase nine trending collections across various product categories like rings, earrings, bracelets, pendants, nose pins & cufflinks Mumbai, Maharashtra, India – Business Wire India As India’s premier luxury lifestyle platform, Tata CLiQ Luxury marks another milestone in its effort to offer the best luxury brands and experiences to its customers with the introduction [...]
