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Adani Wilmar Q1 Results: Net loss at ₹79 crore, EBITDA down 71%; food, FMCG segment revenue up 28% YoY Adani Wilmar Q1 Results: India's largest packaged oil maker's revenue from operations during the first quarter of current fiscal stood at ₹12,928 crore, registering a decline of 12 per cent...

HPCL Q1 results: Net profit comes in at ₹6,765.5 crore in June quarter Hindustan Petroleum Corporation reported a consolidated net profit at ₹6,765.5 crore in the first quarter of the fiscal year 2023-24

India’s largest airline IndiGo set to launch venture capital firm The airline plans to make early investments in aviation-related companies and will also look at acquiring assets such as aircraft and engines in order to make better use of its cash flows

SKF India standalone PAT rises to ₹154.53 crore in June quarter Bearings maker SKF India Wednesday said it has recorded a 20% growth in its standalone Profit After Tax (PAT) at ₹154.53 crore in three months ended June 2023.

Metropolis Healthcare Q1: Revenue increased by 12% YoY, PAT at ₹29 crores The company's core business revenue, excluding Covid and Covid Allied, PPP contracts, reached Rs. 271 crores, showing a 12% YoY growth.

Hindustan Motors Q1 Results: Profit declines to ₹10 crore YoY The accumulated losses of the was brought down to ₹14.85.5 crore as at 31 March 2022 from ₹25,21.8 crore as at 31 March, 2017, the firm said in a stock regulatory filing.

Brookfield India Reit raises over ₹2.3K cr Some of the marquee existing and new investors that invested in the QIP include HDFC Life Insurance, HDFC Mutual Fund, SBI, 360 One (formerly IIFL), Morgan Stanley Asia and Ashoka India Opportunities Fund among others.

Mankind Pharma Q1 results: Profit soars 66% on strong sales Its net profit rises to ₹494 crore as compared to net profit of ₹298 crore in the corresponding quarter of 2022-23

Godrej Properties Q1 Results: Net profit surges 3-fold to ₹125 crore, sale bookings down 11% YoY The company also plans to raise ₹2,000 crore, in one or more tranche, through issue of non-convertible debentures (NCDs) and bonds on private placement basis.

‘We plan to add 3,000 engineers in India’ In an interview, Papermaster said most of the investment will go towards hiring 3,000 engineers by 2028. He said steps taken by the government to develop semiconductor skills and other initiatives will make India a global talent hub.

Rites eyes ₹1,000 cr orders in Africa, foreign consulting State-run firm to also focus on export of rolling stock as revenue from Indian Railways falls

Carlyle to acquire 5.9% stake in SpiceJet SpiceJet, the low-fare airline, is seeking shareholder approval to sell a 5.91% stake to aircraft lessor Carlyle Aviation at INR 48 per share. The company is also seeking approval to raise up to INR 2,500 crore through a qualified institutional...

Adani Energy aims 16% rise in FY24 capex to ₹7,000 cr The company is planning to increase its capital expenditure outlay by about 10% every year, says its MD and chief executive Anil Sardana

‘It’s no doomsday for lubricants, robust growth likely till 2040s’ BP is also exploring inorganic growth opportunities to expand beyond traditional lubricants, into new categories like auto care products and thermal management fluids for electric vehicle batteries

Fly91 seeks global partners ahead of November launch Fly91, the first pan-Indian airline with a turboprop fleet, is seeking global recognition and is in discussions with domestic and international carriers to offer its services as a last-mile connectivity provider

Vedanta promoter to sell ₹4,136 cr stake Twin Star Holdings will sell 160 million shares in Vedanta to institutional investors at a minimum of ₹258.50 each, a 5% discount to Wednesday’s closing price of ₹272.15 on NSE

IndiGo Q1 profit soars to record Net profit rose to ₹3,090.6 crore in the quarter ended 30 June from a loss of ₹1,064.3 crore. Total income rose by 32% to ₹17,161 crore from a year earlier

Sexual harassment cases in top cos spike While the rise in cases highlights a worrying trend, it also suggests increased awareness about sexual harassment and the availability of platforms to report complaints

KKR to buy majority stake in Leap India in Asia infra push In May, KKR made an additional investment of about $250 million in Serentica Renewables

What Maruti Suzuki's acquisition of the SMG plant means for minority shareholders Experts and analysts feel the deal is kosher and has sufficient safeguards for minority investors