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Steelbird lines up Rs 250 crore capex for new plant in Tamil Nadu’s Hosur
Business

Steelbird lines up Rs 250 crore capex for new plant in Tamil Nadu’s Hosur

Posted on: October 22, 2023

[ad_1] Leading helmet maker Steelbird Hi-tech India aims to invest over Rs 250 crore to set up a new manufacturing facility in Hosur, Tamil Nadu, as it […]

French intel points to Palestine rocket, not Israeli strike, for Gaza blast
Business

French intel points to Palestine rocket, not Israeli strike, for Gaza blast

Posted on: October 22, 2023

[ad_1] An assessment by French military intelligence indicates the most likely cause of the deadly explosion at Gaza City’s al-Ahli hospital was a Palestinian rocket that carried […]

Rural recovery for FMCG cos takes a pause amid food inflation, uneven rains
Business

Rural recovery for FMCG cos takes a pause amid food inflation, uneven rains

Posted on: October 22, 2023

[ad_1] The FMCG industry has witnessed a challenging September quarter amid subdued consumer demand and a decline in rural consumption due to persistent food inflation and uneven […]

Favourable mkt conditions push 139 SMEs to mobilise Rs 3,540-cr via IPO
Business

Favourable mkt conditions push 139 SMEs to mobilise Rs 3,540-cr via IPO

Posted on: October 22, 2023

[ad_1] Strong participation of family offices as well as high-net-worth individuals (HNIs), adequate market liquidity, and optimistic investor sentiment have amplified interest in small and medium enterprise […]

ICICI Bank Q2 net profit rises 35.8% on lower provisioning, higher income
Business

ICICI Bank Q2 net profit rises 35.8% on lower provisioning, higher income

Posted on: October 21, 2023

[ad_1] ICICI Bank announced a 35.76 per cent growth in net profit to Rs 10,261 crore in the second quarter of financial year 2023-24, up from Rs […]

Net profit at Rs 97.96 cr, revenue down 6%
Business

Net profit at Rs 97.96 cr, revenue down 6%

Posted on: October 21, 2023

[ad_1] Shares of the company on Friday closed at Rs 225.30, up 1.08 per cent on BSE PVC pipes and fittings manufacturer Finolex Industries on Saturday reported […]

NLC targetting 17 GW capacity by 2030, to invest Rs 82,700 cr: CMD
Business

NLC targetting 17 GW capacity by 2030, to invest Rs 82,700 cr: CMD

Posted on: October 21, 2023

[ad_1] NLC India plans to invest Rs 82,700 crore by 2030 to scale up its power generation capacity capacity to 17 GW, the company’s CMD Prasanna Kumar […]

Kotak Mahindra Bank to appoint Ashok Vaswani as the new MD and CEO
Business

Kotak Mahindra Bank to appoint Ashok Vaswani as the new MD and CEO

Posted on: October 21, 2023

[ad_1] Kotak Mahindra Bank (‘Kotak’ or ‘the Bank’) today said Ashok Vaswani, former Citigroup banker, will be its next Managing Director & Chief Executive Officer (MD & […]

PPBL ‘at farm’ length from One97 Communications, says Paytm CEO Sharma
Business

PPBL ‘at farm’ length from One97 Communications, says Paytm CEO Sharma

Posted on: October 21, 2023

[ad_1] Paytm Payments Bank Ltd and One97 Communications Ltd (OCL) are two different companies which operate not just at arm’s length but “at farms” length, a top […]

India’s per capita FMCG consumption low compared to other economies: HUL MD
Business

India’s per capita FMCG consumption low compared to other economies: HUL MD

Posted on: October 21, 2023

[ad_1] Hindustan Unilever’s (HUL’s) managing director and chief executive officer, Rohit Jawa told investors that India’s per capita FMCG (fast moving consumer goods) consumption when compared to […]

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