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Trusts linked to Torrent Power, others from open offer conditions exempted
Business

Trusts linked to Torrent Power, others from open offer conditions exempted

Posted on: October 17, 2023

[ad_1] Regulator Sebi on Tuesday exempted four family trusts linked to promoters from making open offers to the shareholders of three companies — Torrent Power, Torrent Pharmaceuticals […]

Net profit rises 23% despite lower income
Business

Net profit rises 23% despite lower income

Posted on: October 17, 2023

[ad_1] ICICI Prudential Life Insurance Company on Tuesday reported a 23 per cent increase in its net profit at Rs 244 crore in the quarter ended in […]

Exploring tie up with Japanese companies for chip plant in Gujarat: Vedanta
Business

Exploring tie up with Japanese companies for chip plant in Gujarat: Vedanta

Posted on: October 17, 2023

[ad_1] Hebbar also pointed out that the hub has the potential to attract hundreds of SMEs and create more than one lakh jobs (Photographer: Kanishka Sonthalia/Bloomberg) Indian […]

L&T Tech trims FY revenue growth guidance; Q2 profit up 4.7% to Rs 315 cr
Business

L&T Tech trims FY revenue growth guidance; Q2 profit up 4.7% to Rs 315 cr

Posted on: October 17, 2023

[ad_1] Indian engineering research and development services provider L&T Technology Services cut its revenue growth forecast for the current financial year on Tuesday, citing longer deal decision […]

Dabur receives GST demand notice of Rs 320.60 cr, firm to challenge matter
Business

Dabur receives GST demand notice of Rs 320.60 cr, firm to challenge matter

Posted on: October 17, 2023

[ad_1] Homegrown FMCG and Ayurvedic products maker Dabur on Tuesday said it has received a Goods and Service Tax (GST) demand notice of Rs 320.60 crore. […]

Consolidated PAT rises 28% to Rs 3,551 crore
Business

Consolidated PAT rises 28% to Rs 3,551 crore

Posted on: October 17, 2023

[ad_1] Indian non-bank lender Bajaj Finance reported a smaller-than-expected rise in second-quarter profit on Tuesday, as provisions for bad loans increased. The company’s consolidated profit after […]

MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC
Business

MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC

Posted on: October 17, 2023

[ad_1] The board of Maruti Suzuki India (MSIL) on Tuesday approved a proposal to issue shares worth Rs 12,841 crore to parent company Suzuki Motor Corporation (SMC) for […]

JPMorgan index-bound Indian bonds lure foreigners, but flows to start later
Business

JPMorgan index-bound Indian bonds lure foreigners, but flows to start later

Posted on: October 17, 2023

[ad_1] Foreigners have more than doubled purchases of Indian government bonds that would form a part of JPMorgan’s emerging market bond index, but bank treasury officials do […]

Five-judge SC bench refuses to grant legal recognition to same-sex marriage
Business

Five-judge SC bench refuses to grant legal recognition to same-sex marriage

Posted on: October 17, 2023

[ad_1] A five-judge Constitution bench of the Supreme Court on Tuesday refused to grant legal recognition to same-sex marriages. Chief Justice of India D Y Chandrachud, […]

Ajmera Realty bags housing project in Mumbai; eyes Rs 360 cr sales revenue
Business

Ajmera Realty bags housing project in Mumbai; eyes Rs 360 cr sales revenue

Posted on: October 17, 2023

[ad_1] The redevelopment is estimated to generate sales of around Rs 360 crore and will primarily comprise 3 BHK residential apartments, it added | Representational image | Photo: […]

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