Rural comeback should be more enduring trend going forward: Dabur India CEO Rural demand was growing for the company driven by introduction of bridge packs, growing distribution coverage, and a general uptick in demand, Dabur CEO said
Balaji Amines delays quarterly results due to unavailability of management Balaji Amines faces delay in financial results due to management unavailability; results to be approved after August 14.
Dividend stock: LIC to get over ₹1,800 crore as ITC begins dividend payment to shareholders ITC has around 30.14 lakh shareholders as per the data till quarter ending June 2023. Among these shareholders, LIC owns 189.69 crore ITC shares, or 15.26% stake in the cigarettes-to-hotels major.
UK retailer Marks & Spencer raises profit outlook, shares jump 9% In the first 19 weeks of the year, like-for-like food sales grew over 11%, while clothing & home sales rose more than 6% on the same basis, said Marks & Spencer
Gangwal family may sell IndiGo stake worth ₹3,730 crore via block deal: Report The family has put 15.6 million shares on the block with a floor price of ₹2,400 per share, that is a 5.8 percent discount to the closing price of Monday.
Mahindra unveils Scorpio N based Global Pik Up concept in South Africa, details here The concept vehicle will be underpinned by a ‘next-generation ladder-frame’ that will fare well in Global NCAP as well as Euro-NCAP tests.
Infosys signs $1.64 billion deal with Liberty Global to scale digital platforms Infosys and Liberty have expanded strategic collaboration to bring AI-powered digital entertainment to customers worldwide and drive significant efficiencies on technology costs.
Vi avails grace time for spectrum fees; loss up to ₹7,840 cr Vodafone Idea will get 30-day grace period for payment of spectrum instalment, while losses widen in Q2
Adani probe: Sebi seeks 15 more days Sebi said the extension would allow it to submit the final status report on 24 issues it has investigated in connection with the Hindenburg report
ITC beats Street estimates with 17.5% rise in June quarter profit The company, known for its Gold Flake cigarettes and Bingo chips, posted net profit of ₹4,902.74 crore for the June quarter, up from ₹4,169.38 crore a year ago
SEBI bars Subhash Chandra, Punit Goenka from from holding key positions in Zee; probe to complete in 8 months SEBI barred Punit Goenka and Subhash Chandra from holding key managerial positions in Zee Group companies
Deloitte’s Adani Ports exit reveals a Hindenburg link Deloitte said Adani Ports did not have adequate internal control system to even examine veracity of allegations ( made by Hindenburg) on related party relationships