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Honda to invest Rs 9.2 billion to expand production capacity of its fourth plant

Honda to invest Rs 9.2 billion to expand production capacity of i...

Thu, May 22, 2025

Honda set up its fourth plant in February 2016 and during that time annual production capacity was at 600,000 units.

200% Dividend: PSU bank declares payout of Rs 4 per share, net profit at Rs 5,004 crore

200% Dividend: PSU bank declares payout of Rs 4 per share, net pr...

Thu, May 08, 2025

Canara Bank Dividend: Major PSU, Canara Bank, has announced a dividend of 200 per cent along with issuing the fourth quarter earnings for the financial year of 2024-25 on Thursday,

Macrotech Developers cuts net debt by 7% in March quarter to nearly Rs 4,000 crore on better sales

Macrotech Developers cuts net debt by 7% in March quarter to near...

Sun, Apr 20, 2025

Macrotech Developers' internal cash flow remained strong last fiscal year due to record sales bookings and healthy fund collections from customers.

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BPCL slapped fine for delay in vapour recovery systems at petrol pumps

BPCL slapped fine for delay in vapour recovery systems at petrol...

Sat, Oct 21, 2023

The Central Pollution Control Board has directed the government-owned oil marketing company Bharat Petroleum Corporation Limited (BPCL) to pay up Rs 2 crore as environmental compensation for not installing vapour recovery systems at its petrol refuelling stations and storage terminals within the given deadline.

L&T signs pact with IIT Indore for research in renewable energy management

L&T signs pact with IIT Indore for research in renewable ener...

Sat, Oct 21, 2023

Engineering and construction conglomerate Larsen & Toubro (L&T) on Saturday said it has inked a pact with IIT Indore to undertake joint research and development projects in various areas like renewable energy management and control software.

Jindal Stainless Q2 Results: Net profit more than doubles to Rs 764 crore

Jindal Stainless Q2 Results: Net profit more than doubles to Rs...

Thu, Oct 19, 2023

Jindal Stainless Ltd (JSL) on Thursday said its consolidated net profit has more than doubled to Rs 764.03 crore in the September quarter, on the back of higher income.

Blinkit's losses up over 8% to reach 1,078 crore in FY23, revenue surges 3X: Report

Blinkit's losses up over 8% to reach 1,078 crore in FY23, re...

Thu, Oct 19, 2023

Zomato-owned quick delivery platform Blinkit saw its losses increase 8.2 per cent to reach Rs 1,078.9 crore in FY23 from Rs 996.7 crore in FY22, the media reported on Thursday.

South Indian Bank Q2 results: Profit rises 23% to Rs 275 crore

South Indian Bank Q2 results: Profit rises 23% to Rs 275 crore

Thu, Oct 19, 2023

South Indian Bank on Thursday reported a 23 per cent rise in net profit to Rs 275 crore for the September quarter as provisions for bad loans came down significantly.

World Bank debars HTC construction and Advanced Technology in fraud case

World Bank debars HTC construction and Advanced Technology in fra...

Thu, Oct 19, 2023

The World Bank has taken a decisive step in debarring the HTC Construction and Advanced Technology Joint Stock Company, a Vietnam-based construction firm, for a period of 41 months.

Happiest Minds Q2 Results: Net profit falls marginally to Rs 58 crore

Happiest Minds Q2 Results: Net profit falls marginally to Rs 58 c...

Wed, Oct 18, 2023

Happiest Minds Technologies has reported a 1.6 per cent decline in net profit to Rs 58 crore for the September quarter.

Tata Metaliks Q2 Results: Profit grows three-fold to Rs 44 crore

Tata Metaliks Q2 Results: Profit grows three-fold to Rs 44 crore

Tue, Oct 17, 2023

Tata Metaliks Q2 results: A subsidiary of Tata Steel, Tata Metaliks has its plant in Kharagpur, West Bengal. It has two major product offerings – Pig Iron (PI) and Ductile Iron Pipe (DIP).

India Inc revenues to rise 8-10% in Q2, profit margins to also expand: Crisil

India Inc revenues to rise 8-10% in Q2, profit margins to also ex...

Fri, Oct 13, 2023

India Inc is all set to report an 8-10 per cent jump in revenues for the September quarter while profit margins will also witness an expansion, an arm of rating agency Crisil said on Friday.

HDFC Life logs Rs 376 crore PAT for Q2

HDFC Life logs Rs 376 crore PAT for Q2

Fri, Oct 13, 2023

Private life insurer HDFC Life Insurance Company Ltd closed the second quarter of FY24 with a higher premium income and net profit over previous year corresponding period.

Sony confirms data breach impacting thousands, personal data compromised

Sony confirms data breach impacting thousands, personal data comp...

Fri, Oct 06, 2023

Japanese electronic major Sony Interactive Entertainment (SIE) has sent notices to some current and former employees, warning that their personal information was compromised in a recent system breach.

BHEL pays Rs 88 crore final dividend to Government of India for FY23

BHEL pays Rs 88 crore final dividend to Government of India for F...

Thu, Oct 05, 2023

State-owned engineering firm BHEL on Thursday said it has paid Rs 88 crore as final dividend to Government of India for fiscal year 2022-23.

EKI Energy Services picks up 26% stake in WOCE Solutions

EKI Energy Services picks up 26% stake in WOCE Solutions

Fri, Sep 29, 2023

EKI Energy Services Ltd on Friday said it has completed the acquisition of a 26 per cent stake in WOCE Solutions Private Limited (WOCE) for around Rs 80 lakh.

FMCG maker Emami acquires 26% stake in Axiom Ayurveda

FMCG maker Emami acquires 26% stake in Axiom Ayurveda

Thu, Sep 28, 2023

Homegrown FMCG maker Emami on Thursday announced the acquisition of a 26 per cent stake in Axiom Ayurveda, which markets beverage products under the brand 'AloFrut', for an undisclosed amount, paving its entry into the juices segment.

CDIL unveils new EV semiconductor packaging line in India, to make 600 mn units annually

CDIL unveils new EV semiconductor packaging line in India, to mak...

Thu, Sep 28, 2023

In a fillip to India's semiconductor journey, Continental Device India Private Limited (CDIL) on Thursday became the first Indian company to start production of Silicon Carbide devices for electric vehicles (EVs).

Amazon looking to tie-up with more banks for credit card offerings

Amazon looking to tie-up with more banks for credit card offering...

Wed, Sep 27, 2023

Global e-commerce giant Amazon is looking to tie-up with more banks for credit card offerings, as it sees high growth in the segment, a senior official said on Wednesday.

Tech company in Kerala trains its workforce in martial art form Kalaripayattu

Tech company in Kerala trains its workforce in martial art form K...

Tue, Sep 26, 2023

Breaking away from conventional approaches to employee wellness and growth, a tech company at Infopark here has introduced its workforce to the centuries-old martial art of Kalaripayattu.

Top South Korean firms, including Samsung, fare worse than US counterparts in H1 2023

Top South Korean firms, including Samsung, fare worse than US cou...

Mon, Sep 25, 2023

South Korea's major companies, including Samsung, performed far worse than their US counterparts in the first half of 2023 due to the sluggish chip and energy sectors amid a global economic slowdown, a report showed on Monday.

Philips India FY23 revenue up 4.6% to Rs 5,734 crore, profit down 2%

Philips India FY23 revenue up 4.6% to Rs 5,734 crore, profit down...

Fri, Sep 22, 2023

Philips India has reported 4.6 per cent rise in revenue from operations at Rs 5,734 crore for FY23, though the profit after tax (PAT) was down 2.2 per cent to Rs 260 crore, according to financial data accessed by business intelligence platform Tofler.

Lupin inks pact to acquire 5 drug brands from Menarini for Rs 101 crore

Lupin inks pact to acquire 5 drug brands from Menarini for Rs 101...

Fri, Sep 22, 2023

Drug firm Lupin on Friday said it has inked a pact to acquire five drug brands from Italian firm Menarini for Rs 101 crore.

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