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Home  Business

Business

Aditya Birla Fashion and Retail posts Q3 net profit of Rs 58.55 crore

Aditya Birla Fashion and Retail posts Q3 net profit of Rs 58.55 crore

  • FPIs’ holding in NSE-listed cos hit 5-year high in December quarter

    In terms of value, FPIs ownership reached an all-time high of Rs 41.83 lakh crore as of December, 2020, up 29 per cent from Rs 32.47 lakh crore in the preceding quarter
  • LG Display to invest additional $750 million for its Vietnamese plant

    The city of Hai Phong approved LG Display's latest investment plan for its plant in northern Vietnam, according to the Vietnam News Agency.
  • India, UK discuss ways to promote trade, investments

    The talks were held between Minister for Commerce and Industry Piyush Goyal, and UK Secretary of State for International Trade Elizabeth Truss MP on February 6.
  • Hyderabad-based Charaka Dairy forays into Ayurveda segment

    The company has launched Charaka Panchagavya Sanjeevi Ghan capsules; Charaka Panchagavya Sanjeevi liquid; Go Panchakam liquid and capsules and Go Ghritam.
  • Edtech firm BYJU’s becomes ICC’s global partner for 3 years

    In August 2019, the company became the official jersey partners of the Indian cricket team.
  • Cutting off-budget borrowings has raised fiscal deficit guidance

    Excluding these two items, fiscal deficit could have been lower by 0.5-1.0 per cent in fiscal 2021 and 0.6 per cent in fiscal 2022, the rating agency's research report said.
  • Visa announces grants for women-owned businesses in India

    Women-owned enterprises in India have grown from 14 per cent to 20 per cent in the past decade and employ between 22 to 27 million people.
  • HCL Tech announces Rs 700 cr one-time bonus for employees

    It added that in celebration and gratitude, all employees with one year of service or greater will receive a bonus, the equivalent of ten days' salary.
  • ISB tops in India in Financial Times Global MBA Rankings

    Becomes the only business school from India to figure in the top 25 globally securing 23rd rank
  • Hyundai says no longer in talks with Apple for electric car

    After initially naming Apple in its statements, it removed the name of the tech giant from its further statements.
  • Rupee rises 9 paise to 72.84 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.03 per cent to 91.07.
  • Skyroot, Bellatrix partner for futuristic Orbital Transfer Vehicles on Vikram launchers

    An Orbital Transfer Vehicle is a spacecraft that can perform various in-orbit operations including deployment of customer payload to precise orbits.
  • Sensex rallies over 600 points to hit record high; Nifty tops 15,100

    Mahindra and Mahindra (M&M) was the top gainer in the Sensex pack, soaring around 10 per cent, followed by Axis Bank, ICICI Bank, IndusInd Bank, SBI and Bajaj Finance.
  • India to be Asia’s R&D hub for Linode

    Linode, a cloud service provider may set up data centres in Hyderabad and Bengaluru.
  • India’s rating shouldn’t come under pressure due to higher deficit: DEA Secy

    He hoped that the global rating agencies would retain India's sovereign rating at the existing levels.
  • Govt has clear divestment strategy: Nirmala Sitharaman

    We can ensure that taxpayer money is spent wisely, says Finance Minister.
  • Govt to work with RBI for execution of bank privatisation plan: Sitharaman

    "The details are being worked out. I have made the announcement but we are working together with the RBI," she said, when asked about the proposal.
  • Reliance buys two-thirds of gas from KG-D6

    The auction was held under the liberalised price discovery rules notified by the government that allowed affiliates of the gas producer to bid and buy natural gas.
  • Apple may discontinue iPhone 12 mini in Q2 this year: Report

    Yang lowered the production volume of iPhone 12 and iPhone 12 mini by 9 million units and 11 million units, respectively, reports AppleInsider.
  • Consolidation in public sector oil firms may be back on table in FY22

    Petroleum had been included in the strategic sector as it ensures energy security for the country.
  • About a quarter of direct tax litigations getting resolved via VsV

    As many as 1,25,144 cases have so far opted for the Vivad se Vishwas (VsV) Scheme
  • Lower customs duty on gold to curb smuggling, benefit retail jewellers

    According to the report, the erstwhile duty structure gave incentives for gold smuggling into India.
  • BHEL reports Rs 217 crore loss in December quarter

    The consolidated net profit of the firm was Rs 161.81 crore in the quarter ended on December 31, 2019, a BSE filing stated.
  • JK Cement Ltd Q3 net profit up 74.8 per cent

    The company had posted a profit of Rs 124.29 crore in the October-December period a year ago, JK Cement said in a regulatory filing.
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