Vedanta Limited said on Friday that his consolidated net profit increased by 76.2% to Rs 3,547 crore in the quarter ended December 31, 2024. In the same quarter of last year, the company recorded a profit of Rs 2,013 crore. The company’s total income increased by 9.5% to Rs 39,795 crore in this quarter, which … Read more
On Friday, there was a sharp jump in shares of defense sector companies. In BSE, shares of major companies of this sector climbed 9% in intraday. This fast in the market has come due to hopes of getting big orders in the coming days. Garden Reach Shipbuilders and Engineers (GRSE), BEML, Majhgaon Dock Shipbuilders (MDL), … Read more
The integrated net profit of Raymond Limited, active in real estate and engineering business, increased by 75 percent to Rs 72.28 crore in the October-December quarter of the current financial year. The net profit of the company was Rs 41.35 crore in the same quarter of the last financial year. In the information given to … Read more
The Container Corporation of India (Concor) has presented the results of the third quarter of the financial year 2024-25, and has also given news to the shareholders’ faces. The company has declared a third interim dividend and announced to give an amount of 85% i.e. ₹ 4.25 per share. If you keep the company shares … Read more
Ravi Mittal, Chairperson of the Indian Disabled Board (IBBI) said on Thursday that India’s companies still have to learn the use of debt -ridden disability and insolvency (IBC). He said that if the companies are facing whatever problems are facing regulatory obstacles, they are willing to study them. Speaking at an event organized by the … Read more
Raymond Chairman and Managing Director Gautam Singhania has said that since Makar Sankranti, there is a tendency to improve urban consumption and we hope that it will improve further throughout the year. In a conversation with Charlin D’Souza and Dev Chatterjee, Singhania said that the group is now working on holding less assets. Major excerpts… … Read more
The joint net profit of Adani Enterprises declined by 96.9 per cent in the third quarter ended October-December 2024. The company’s coal business and mining business sales declined, there was pressure on profits. The company has registered a huge increase in financial costs. The company said the quarterly results include the impact of Forex to … Read more
The Reserve Bank of India (RBI) has filed an application before the New Delhi Peeth of the National Company Law Tribunal (NCLT) for starting a corporate insolvency process against Avom India Housing Finance Private Limited. The RBI said on Thursday that it dissolved the Board of Directors of Avim India Housing Finance on Monday due … Read more
China’s Startup Deepcik has surprised the world with its Arti Fisal Intelligence (AI) model. In view of this, Union Information Technology Minister Ashwini Vaishnav presented the blueprint of India’s ambitious scheme in the AI region. Vaishnav said today that India will develop many basic Arti Fisal Intelligence models, which ready for use in the next … Read more
Bajaj Group’s financial and insurance business listed holding company Bajaj Finserv with a net profit of Rs 2,231 crore in the third quarter ended the third quarter to Rs 2,231 crore. The company earned a net profit of Rs 2,158 crore in the same period last year. The company’s integrated income increased by 10 per … Read more