Page 2 - Company

VC firm Quona Capital announces close of its third fund at $332 mn

Company has invested in more than 17 start-ups in India, has almost 30% of its global team in country

Near-term margin concerns an overhang on Kansai Nerolac Paints' stock

Higher advertising costs and demand worries could put pressure on profitability

TVS Motor Q2 net up 59% to Rs 373 cr amid slowdown, inflation roadblocks

Revenue from operations up 32% to Rs 8,561 cr; chip shortage hinders an even better show

K V Kamath is independent director of RIL, non-exec head of financial arm

Reliance Strategic Investments, of which he is the non-executive chairman, will be renamed Jio Financial Services Ltd, and will be listed on the bourses pursuant to a demerger scheme

Mahindra Lifespaces Developers logs net loss of Rs 8 crore in Q2

The company has also set a target of achieving annual residential sales of Rs 2500 crore and annual leasing of Rs 500 cr

Jamshed Irani: Architect of post-lib Indian industry and 'New Tata Steel'

Irani transformed Tata Steel totally to make it the world's lowest-cost steel producer by 2001, completely revamped technology and used his phrase "Customer Har Haal Me" to augment user delight

Max Health gross revenue at lifetime high in Q2FY23 on improved occupancy

International patient revenues up 16% during quarter, 110% of pre-Covid average; PAT grows 29% on like-to-like basis

BHIVE Workspace completes 1 mn sq ft of shared office space in Bengaluru

Newest facility spread across 23,000 sq ft and with 700 seats comes up at Whitefield

JSW Energy Q2 net up 37% to Rs 466 cr; Parth Jindal joins board

Revenue up 16% YoY to Rs 2,596 cr; finance cost rises by 7% due to additional borrowings for ongoing capex

Eveready PAT dips 52% to Rs 15 cr on non-cash charge of unamortised fees

Company says the charge will even out for the full year; revenue up 5% to Rs 376 cr

Market value up, but volumes declining in India: Unilever CEO Alan Jope

The consumption weakness is due to the impact of inflation, particularly in rural areas, he said

Facebook announces 2022 Community Accelerator participants in India

Four-month programme provides selected community leaders of Facebook groups with training, mentorship and funding

Software delivery firm Devtron raises $12 mn funding from Insight Partners

Start-up will use financing to expand team, promote its platform and expand business

Indian developers benefit from Android, Play: Google on CCI penalty

Tech giant was yesterday ordered to pay Rs 937 cr as penalty for abusing dominant position of its app store

Kanye West, Adidas and his long list of controversies: A look at the past

Adidas has terminated its contract with Kanye West, but he is no stranger when it comes to controversies

Coca-Cola beats profit estimates in Q3, raises full-year guidance

The company said it now sees organic revenue growth of 14% to 15% for the full year. In July, Coca-Cola increased its full-year outlook from 12% to 13%

Kirloskar Industries' Board seeks forensic audit on Kirloskar Brothers

KIL raised questions whether the KBL Board, especially the independent directors of KBL, verified the claims made by Sanjay Kirloskar in relation to the Deed of Family Settlement

Windfall tax hits Reliance; Q2 net profit flat at Rs 13,656 crore

Reliance's revenue has jumped 34 per cent to Rs 2.33 trillion

Wipro's Q2 profit slips 9.2% amid high employee costs; revenue up 14.6%

Attrition for the quarter was at 23 per cent, down from 23.3 per cent from last quarter

Weak volumes remain an overhang on Whirlpool stock; Q2 sales hit

Volatility in commodity prices and rise in competitive intensity are expected to weigh on margins