Page 65 - Companies

Equity management firm Qapita acquires ESOP Direct in all cash-deal

Pune-based ESOP Direct provides solutions in equity compensation

Bajaj Auto Q1 results: Exports boost net profit by 11%, revenue up 8%

Net profit during the quarter rose 11 per cent year-on-year to Rs 1,173 crore in the June quarter over Rs 1,061 crore

Tata Power Q1 results: Net profit doubles to Rs 795 cr, revenue up 43%

In the year-ago period, Tata Power reported a consolidated net profit of Rs 391.03 crore

Asian Paints Q1 net profit up 79% to Rs 1,017 crore; revenue up 55%

The paints major saw its revenue increase 55 per cent to Rs 8,579 crore during the quarter under review

Franklin Templeton Mutual Fund floats first NFO post debt fund row

Asserts it won't leave India despite regulatory actions

Robust demand trends in chemicals biz, expansions positive for SRF stock

Company has increased capex for the business to tap into new opportunities

Porter completes divestment of Modern Trade business to COGOS Technologies

This move aims at ensuring continuity of the business vertical with COGOS, an enterprise-led business model and strengthening Porter's focus on its core business solutions

Children's shopping platform Bundle O Joy raises Rs 3.9 cr in funding

Founded in February 2022, Bundle O Joy helps parents to find products in apparel, footwear, toys, books, and accessories

Axis Bank Q1 net profit jumps 91% to Rs 4,125 crore on firm NII growth

MD says he hopes to get CCI nod for Citi's consumer biz deal in 6-8 weeks

The hare and the tortoise

The R K Swamy Hansa group is the last man standing when almost all its home-grown peers have thrown in the towel

Adani Ports Q1 results: How did the company perform in last four quarters

Adani Ports, the country's largest integrated logistics player, had clocked a consolidated net profit of Rs 1,033 crore in Q4FY22, over 21 per cent lower than the same quarter in FY21

Bajaj Auto Q1 results: How was company's performance in last four quarters

In Q4FY22, Bajaj Auto recorded a net profit of Rs 1,468.95 crore, up over 250 crores from the Q3FY22

Ex-L&T Infotech CEO Sanjay Jalona joins ChrysCapital as operating partner

Sanjay Jalona will be based in the US, look after investments in the business services sector

Tech Mahindra Q1 results today: How company performed in last four quarters

Tech Mahindra Q1FY23 results: In the last quarter the company recorded a net profit of Rs 1,038 crore. In Q3FY22, it stood at Rs 1,329 crore

Tata Steel Q1FY23 result: How did the company perform in last four quarters

Tata Steel to announce Q1FY23 results on Monday; company plans Rs 12,000 cr investment in India and Europe

This year we have seen a massive shift to the cloud: SAP APJ president

Over the past decade SAP has been investing in creating business network capability, said Marriott

Godrej & Boyce bets on indigenous manufacturing, aims at 20% revenue growth

In its 125-year journey, Godrej and Boyce, the first Indian company to make typewriters, refrigerators and ballot boxes for Independent India's maiden election, still considers indigenous manufacturing as one of its core areas to fuel growth, an official said. Started with making of locks in 1897 and safes in 1902 by its founders Ardeshir and Pirojsha Godrej, the group's flagship company now has presence in construction, electrical and electronics, industrial engineering, appliances, furniture and aerospace, and aims at 15-20 per cent growth in revenue this year riding on its understanding on consumer insights and innovation, Sr VP and Head of Brand and Strategic Insights, Godrej & Boyce, Mehernosh Pithawala told PTI. The Mumbai-headquartered company clocked a revenue of Rs 11,800 crore in the 2021-22 fiscal, he said. The diversified conglomerate intends to strengthen its position as a global source of manufacturing with the world looking at a "China plus" policy and is planning ..

Q1FY23 results: Infosys net up 3% at Rs 5,360 cr, dips 6% sequentially

Revenue up nearly 24% YoY to Rs 34,470 cr; attrition rate rises to 28.4% in Q1FY23, from 13.9% a year ago and 27.7% in the immediately preceding quarter

Edible oil makers asked to remove packaging temperature from the labels

SEA executive director BV Mehta said that several oil companies in India have been resorting to the unfair practice of packing the oil at a higher temperature to reduce the weight

Fitch downgrades Jubilant Pharma to "BB-" indicating higher default risk

Rating agency foresees firm's financial leverage worsening as a rise in capex will coincide with lower profitability