Page 62 - Companies

Berger Paints hopes to close FY23 with Rs 10K-cr sales amid strong demand

Despite inflationary headwinds, Berger Paints posted its best ever quarterly sales in Q1 of FY23 in terms of volume and value

Why Zomato's pre-public offer investors are rushing to the exit door

Though stock has crashed 65% from peak, most pre-IPO investors are in-the-money even at beaten-down valuations

Ericsson, Nokia scale up operations as firms gear up for 5G launch

Ericsson will make 5G radios and microwave equipment at Pune plant; Nokia has been enhancing staff skill sets over past 3-4 our years

Why the Hong Kong-based $200 billion AMTD Digital stock is no GameStop

AMTD Digital Inc. has risen 14,000% since listing in New York, giving it a market value of more than $470 billion at one point this week

RIL to L&T: Old firms' sway in Nifty50 index weakens rerating case

33 out of the 50 companies have been part of the index since 2012

Falling raw material prices, demand recovery to drive gains for Bosch stock

Within mobility solutions, sales growth (up 48 per cent year-on-year or YoY) was led by the bread-and-butter powertrain segment, followed by aftermarket and two-wheeler business

Reliance Brands inks pact to introduce luxury brand Balenciaga in India

With this agreement, Reliance Brands will be Balenciaga's sole India partner to launch the brand in the country

Adani Enterprises Q1 results: Net profit rises 73% to Rs 469 cr

The company's consolidated revenue from operations surged 225% to Rs 40,844 cr

Adani Group to acquire Macquarie road portfolio for Rs 3,110 crore

The portfolio of 972 lane km has a long concession life with established traffic in strategically located and important traffic corridors in western and southern India

CK Group to sell Hong Kong firm AMTD stake after wild 14,000% gain

CK currently holds less than 4 per cent of AMTD Group, according to a statement

Facebook's parent Meta Platforms set to make first-ever bond offering

Meta did not disclose the size of the offering, but said it would use the proceeds for capital expenditures, share repurchases, acquisitions or investments

July vehicle registrations fall 8% as rains, inflation hurt demand: FADA

Two-wheeler, tractor sales contract as people put off making expensive purchases before festival season in August

Sun Pharmaceutical Industries Chairman Israel Makov to retire on Aug 29

Makov is retiring upon the completion of his current term post the company's Annual General Meeting after having led the Mumbai-based company for ten years

Adani Power logs 16x rise in Q1 net, revenue rises 109% to Rs 13,723 crore

The company's consolidated revenue from operations rose 109 per cent to Rs 13,723 crore compared to Rs 6,569 crore last year

We are putting all our earnings into growth: Adani Wilmar MD & CEO

Our direct retail reaches around 575,000 outlets and indirect is 1.6 million, said Wilmar

Weak Q1 cash flows, debt increase a worry for Godrej Properties

This, despite sales bookings and launch pipeline remaining robust

Supply chain, margin woes for Siemens, but strong order flow a positive

Global headwinds may weigh on the sector and company's prospects; strong order flow is a positive though

India home to as many as 75,000 start-ups, says Piyush Goyal

In a tweet, the Commerce and Industry Minister said "These numbers tell the power of a vision. A vision to see innovation & enterprise drive growth"

Infra, capital goods' firms get order book booster in June quarter

Orders for companies grew 15-57% in the first quarter of the financial year

Fintech firm Twid raises $12 mn to expand reward points-based service

Company has more than 40 million registered users and it works with 50,000 merchants