Infrastructure major Larsen and Toubro (L&T) has acquired 1,168 shares of Mindtree from the open market, taking its expanding its holding in the mid-sized IT company to 25.94 per cent, according to... Read more »
India’s top digital payments firm Paytm on Tuesday has started a credit card with Citigroup, widening its financial product base while giving its banking partner an opportunity to vastly expand its credit card customer... Read more »
Polycab achieves revenue of Rs 79,560 mn in FY19, up by 18% yoy; sales and product mix raises EBITDA
Newly listed company Polycab India Limited reported a decent FY19 revenue (net of excise) of Rs 79,560 mn up by 18% yoy. This growth can be attributed to the success in its... Read more »
Housing Development Finance Corporation (HDFC) reported a standalone net profit of Rs 9,632.46 crore during the financial year 2018-19. The housing finance company had posted a net profit after tax of Rs... Read more »
Avenue Supermarts, which heads the DMart chain of stores in the country, achieved a 21.4 per cent year-on-year net profit growth and a 32.1 per cent year-on-year revenue growth for the quarter ended March... Read more »
Tata Motors-owned Jaguar Land Rover (JLR) today obtained retail sales of 40,385 units for April, down 2.3 per cent from the same month last year. There has been a small decrease in... Read more »
Steel giant ArcelorMittal Thursday reported more than a 66 per cent drop in its net income to $0.4 billion for the quarter ended March 31, 2019. The world’s largest steel-maker had posted... Read more »
PNB Housing Finance Thursday secured a 51 per cent increase in its consolidated net profit to Rs 379.77 crore for the fourth quarter ended March 2019. The company’s net profit stood at... Read more »
Shares of Apollo Tyres hit a 26-month low of Rs 185 apiece, down 5 per cent intra-day on the BSE on Thursday, after the company reported a drop of 66 per cent year on... Read more »
Loan exposure worth Rs 12,000 crore of almost 55 green companies of crisis-hit IL&FS group is likely to be settled by July end, a senior government official said as he reiterated that... Read more »