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MRF Q1 Results: Stock hits 52-week high as net profit zooms 376% to ₹588 crore, revenue up 13% YoY MRF Q1 Results: The tyre-maker's revenue from operations in the first quarter of current ficsal stood at ₹6,440, reporting a rise of 13 per cent, compared to ₹5,695 crore in the year-ago period.

Zomato Q1 Results: At ₹2 crore, food delivery platform reports net profit for the first time Food delivery platform Zomato on Thursday announced its Q1 earnings for FY24. The company reported a net profit of ₹two crore against a loss of ₹186 crore (YoY). The revenue of the firm was up at ₹...

Adani Enterprises Q1 results: Net profit grows 44% to ₹674 crore, revenue falls 38% Adani Enterprises Q1 results: The firm reports 44% YoY increase in net profit, revenue falls 38% YoY due to correction in coal prices.

Bharti Airtel Q1 Results: Net profit flat at ₹1,612 crore, revenue up 14%; ARPU improves to ₹200 Bharti Airtel Q1 Results: The telecom major's revenue from operations during the first quarter of current fiscal stood at ₹37,440 crore, registering a rise of 14 per cent, compared to ₹32,850 crore...

Eicher Motors Q1 Results: Net profit rises 50% to ₹918 crore on Royal Enfield sales, revenue up 17% YoY Eicher Motors Q1 Results: Royal Enfield sold 2,25,368 motorcycles in the first quarter, an increase of 21 per cent from 1,86,032 units in the year-ago period.

Cummins misses profit expectations on high manufacturing costs Engine maker Cummins reports Q2 profit miss due to high manufacturing costs; shares fall 3.8%

Bharti Airtel AGM to be held on Aug 24 Bharti Airtel said its annual general meeting (AGM) will be held on August 24, 2023 through video conferencing

Fortune Global 500: Reliance jumps 16 places, LIC slips 9. Details on 8 Indian companies featured on list Reliance Industries jumps to number 88 on Fortune Global 500 list, while IOC too climbed ranks and was placed at 94.

S&P downgrades Vedanta, Indian arm's stock nosedives after promoter pares stake Shares of Vedanta Ltd, led by Anil Agarwal, dropped 9% in intraday trading after S&P downgraded the credit outlook of Vedanta Resources due to increased funding risks

Vedanta shares plunge after S&P trims parent co’s outlook The rating agency has affirmed ‘B-’ long-term issuer credit rating for the London-based parent firm.

Airtel Q1 profit below estimates; 5.6 million new 4G users sign up The company reported a flat net profit of ₹1,612.5 crore in the first quarter of fiscal 2024 from ₹1,607 crore in the year ago.

‘August rainfall could be below normal’ Skymet CEO Jatin Singh in an interview said August rainfall could be below normal at around 90% LPA, thus, causing dry weather.

Go First moves SC against HC order According to the RP, the Supreme Court hearing is expected on Friday or Monday, depending on scheduling.

Sun Pharma Q1 PAT misses estimates The company’s revenues from operations at ₹11,785.15 crore rose 10.7% over last year.

M&M EV unit raises $145 mn from Temasek at upto $9.8 billion valuation Mint reported in March that Mahindra & Mahindra Ltd was in advanced talks with global investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit in multiple tranches over the next 2-3 years

‘Meetings, events, conference travel outpacing business travel’ The sector has experienced substantial growth in 2023 compared to 2022, with manufacturing, BFSI, and pharma sectors leading the way

Consumers are now buying staples across multiple channels The move is shift from several years ago, when consumers preferred one mode of shopping—with general trade dominating consumer preference

KKR may bid for Zydus family’s clinical research biz Cliantha The asking price for the asset is said to be in the range of $200 million, Mint reported in May

Adani plans $4-5 bn cement bet after Sanghi acquisition On Thursday, Ambuja Cements Ltd, part of Adani Cement, announced the purchase of 57% promoter stake in cement maker Sanghi Industries Ltd at an enterprise value of ₹5,000 crore

Hard for rivals to breach the fortress Royal Enfield built: Siddhartha Lal Hero MotoCorp and Bajaj Auto have set sights on Royal Enfield’s turf with new launches