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HLL Infra Tech Services reports 58% jump in profit to Rs 27.76 cr in FY23
The total turnover of the central public sector undertaking under the Health Ministry jumped by 19 per cent to Rs 361.38 crores in 2022-23 against Rs 303.40 crores in 2021-22
 "HLL Infra Tech Services reports 58% jump in profit to Rs 27.76 cr in FY23")
Apollo focusing on prevention to tackle the NCD crisis: Preetha Reddy
The variation in regional diet preferences also a leading factor in trends of non-communicable diseases
 "Apollo focusing on prevention to tackle the NCD crisis: Preetha Reddy")
First Indian state-backed fund is said close to naming a new CEO
The final decision could be announced as early as this month
 "First Indian state-backed fund is said close to naming a new CEO")
Jefferies taps Barclays's Ashish Jhaveri to help build India M&A team
The hire is part of the US firm's ambition to build an M&A practice in India, where dealmaking has been relatively robust while the business elsewhere slowed to a crawl
 "Jefferies taps Barclays's Ashish Jhaveri to help build India M&A team")
Adani Wilmar's overall oil sales volume drop in Q4 on weaker demand
The company saw smoother supplies of imported edible oils during the quarter with prices cooling off, resulting in higher consumer demand, especially among the rural population
 "Adani Wilmar's overall oil sales volume drop in Q4 on weaker demand")
Crisil Ratings upgrades outlook on Jindal Stainless to 'positive'
The rating agency has revised its outlook in view of the company's improved business risk profile, an expected uptick in scale and forward integration with capacity expansion and acquisitions
 "Crisil Ratings upgrades outlook on Jindal Stainless to 'positive'")
Mahindra & Mahindra to bring 40 tractor models under new OJA brand
The Mahindra OJA tractors will focus on both domestic and international markets including the US, Japan and South-East Asia, the company said in a statement
Tata Steel saw record operational performance in FY23: CEO T V Narendran
Tata Steel India reported a record operational performance in the last financial year despite a challenging environment, according to the company's CEO & MD T V Narendran.
 "Tata Steel saw record operational performance in FY23: CEO T V Narendran")
Amazon's $1.7 billion iRobot purchase faces UK antitrust scrutiny
British antitrust regulators have started investigating Amazon's purchase of robot vacuum maker iRobot, adding further scrutiny to the $1.7 billion deal
 "Amazon's $1.7 billion iRobot purchase faces UK antitrust scrutiny")
TVS SCS wins UK defence ministry contract for supplying Land Rover spares
Indian company will support the availability and upkeep of the military vehicle
 "TVS SCS wins UK defence ministry contract for supplying Land Rover spares")
Vibrant Energy gets over Rs 2,200 cr for its 300MWac wind-solar projects
Srinivasan Viswanathan, CEO of Vibrant Energy, said that the company is hopeful of enabling more green energy solutions for corporate India
 "Vibrant Energy gets over Rs 2,200 cr for its 300MWac wind-solar projects")
Adani Group aims to boost earnings by 50%, cut debt in next 2 fiscals
The move to accelerate earnings growth is being pegged as a significant move amid the aftermath of the short-seller report by Hindenburg Research
 "Adani Group aims to boost earnings by 50%, cut debt in next 2 fiscals")
Anil Agarwal's $19-bn chipmaking plant dream at risk as hurdles mount
Winning government funding is key to fulfilling Agarwal's chip dream, given his broader empire is facing intensifying financial strain
 "Anil Agarwal's $19-bn chipmaking plant dream at risk as hurdles mount")
Agri-commerce startup WayCool looking to become Rs 6,000-cr entity by FY25
Jayaraman, the cofounder and managing director, expects this to scale to 35-40 per cent by FY25, when the company targets to log in Rs 6,000 crore turnover
 "Agri-commerce startup WayCool looking to become Rs 6,000-cr entity by FY25")
Delivery firm Dunzo secures $75 mn funding, lays off 30% of staff: Report
According to the report, under the new business model, Dunzo will cut about 50% of its dark stores and run only those that can be profitable or are nearing that threshold
 "Delivery firm Dunzo secures $75 mn funding, lays off 30% of staff: Report")
Seshagiri Rao retires, steps down from JSW Steel board after 24 years
Rao superannuated from the services of the company and consequently stepped down from the board, the company said
 "Seshagiri Rao retires, steps down from JSW Steel board after 24 years")
Beauty e-retailer Nykaa sees healthy revenue growth trend for FY23
Growth from tier 1 consumer have demonstrated sustained consumption
 "Beauty e-retailer Nykaa sees healthy revenue growth trend for FY23")
ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24
Pegs capital need at Rs 1,000 cr for three years
 "ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24")
Hindalco: Adjusting to the new environment; metal volumes may stagnate
Capex cut, focus on profitability, healthy balance sheet should help overcome medium-term hurdles
 "Hindalco: Adjusting to the new environment; metal volumes may stagnate")
Infosys collaborates with LexisNexis to provide end-to-end IT services
As part of the collaboration, Infosys will also offer strategic consultancy for LexisNexis' downstream, discretionary and strategic spending
 "Infosys collaborates with LexisNexis to provide end-to-end IT services")
