Wed, May 01, 2024
The maker of popular household products such as Sensodyne toothpaste and pain-reliever Panadol, had earlier said that the first three months of 2024 would be impacted by a softer cold and flu season and a slowdown in painkiller Advil's sales in Canada, following a surge in demand last year.
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Sat, Apr 27, 2024
Google plans to invest USD 2 billion to build a data centre in northeastern Indiana that will help power its artificial intelligence technology and cloud business, company and state officials said.
Tue, Apr 16, 2024
The German company, which saw just under half of its sales come from Nivea last year, now expects 2024 sales to grow by between 6% and 8%, up from the "mid-single-digit" growth forecast in February.
Sun, Nov 13, 2022
Vedanta-Foxconn would invest Rs 1,54,000 crore to set up the facility in Gujarat, which would create one lakh job opportunities, Chief Minister Bhupendra Patel had said after the MoU was signed.
PFRDA vide its letter dated November 11, 2022 to HDFC Life, has granted its approval for proposed change in shareholding of HDFC Life, sponsor company of HDFC Pension due to proposed amalgamation i.E. Change in promoter from HDFC Limited to HDFC Bank, it said in a regulatory filing.
Sat, Nov 12, 2022
The company has decided to allot 35.21 lakh equity shares to 16 anchor investors at Rs 541 apiece, taking the transaction size to Rs 190.5 crore, according to a circular uploaded on BSE website.
IHH Healthcare noted that following the recent judgment of the Supreme Court of India, the Special Leave Petition, the Original Contempt Petition and the Suo Moto Contempt Petition are disposed of.
Wed, Nov 09, 2022
The company has allotted 43.76 lakh equity shares to anchor investors at Rs 587 apiece, aggregating to Rs 257 crore, according to a circular uploaded on the BSE website.
Tue, Nov 08, 2022
According to the Red Herring Prospectus (RHP), the company plans to raise Rs 635 crore. The size of the IPO has been reduced as earlier the company had planned to raise Rs 850 crore.
The firm has decided to allocate 1.24 crore equity shares to anchor investors at Rs 474 apiece, aggregating the transaction size to Rs 588 crore, according to a circular uploaded on BSE's website.
Mon, Nov 07, 2022
The quota meant for Qualified Institutional Buyers (QIBs) received 80.63 times subscription, while the non-institutional investors category was subscribed 7.10 times and Retail Individual Investors (RIIs) was subscribed 4.77 times.
Sun, Nov 06, 2022
The acquisition was completed at a fixed consideration of USD 23.4 million subject to certain adjustments. In addition, the definitive agreements provide for payment of annual performance based earnouts over the next four years.
Sat, Nov 05, 2022
The lender improved its asset quality, with the gross non-performing assets (NPAs) coming down to 5.31 per cent of the gross advances by the end of September 2022, from 8.11 per cent in the year-ago period.
The company has cut fresh issue size to Rs 530 crore from Rs 650 crore planned earlier. Besides, there would be an Offer For Sale (OFS) of up to 55.85 lakh equity shares by a promoter and an existing shareholder.
The company had posted a net profit of Rs 381.84 crore in the July-September quarter a year ago, Britannia Industries said in a BSE filing.
Wed, Nov 02, 2022
The company has decided to allocate 1.97 crore equity shares at Rs 336 apiece, aggregating the transaction size to about Rs 662 crore, according to a circular uploaded on BSE website.
Sat, Oct 29, 2022
IOC as well as other state-owned fuel retailers had booked heavy losses in the first quarter of the current fiscal as they did not revise petrol, diesel and cooking gas LPG prices in line with the cost to help the government contain runaway inflation.
"The company is raising Rs 500 crore from its existing shareholder, an affiliate of Warburg Pincus, a leading global private equity fund and new investor Malabar Investments," the statement said.
A Bengaluru-bound A320 ceo aircraft, carrying 184 people, aborted takeoff at the Indira Gandhi International Airport (IGIA) here due to fire in one of its engines Friday night. The plane returned to the bay and passengers were deboarded safely.
Wed, Oct 26, 2022
The solution was unveiled in the presence of S Suresh Kumar, Additional Chief Secretary, West Bengal; Partha Pratim Mukherjee, Director (Distribution), West Bengal Power Development Corporation Ltd and Nayak, Director (EV), West Bengal Power Development Corporation Ltd in Kolkata.
Sun, Oct 23, 2022
Sebi, in its order, barred 10 entities, including Bombay Dyeing and its promoters -- Nusli N Wadia, Ness Wadia and Jehangir Wadia-- from the securities markets for up to two years and levied a fine totalling Rs 15.75 crore on them for involving in fraudulent scheme of misrepresenting the company's financial statements.
Sat, Oct 22, 2022
Allowing a batch of petitions filed by the associations of workmen, Aircraft Maintenance Engineers, Officers and Staff Association and others, a two-member NCLAT bench had asked the new owner to make payment of provident fund dues as admitted by the resolution professional.
Thu, Oct 20, 2022
Persistent Systems said it is targeting to double the revenues in four years to USD 2 billion.
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