Over 2,200 airplanes will be coming to India in the next 20 years and there is need to train 31,000 pilots, Boeing India President Salil Gupte has said. In an interview with ANI, Gupte said India is a place like no other when the civil and defence market are taken together. “The number that I […]
Indian state-owned oil refiner Hindustan Petroleum Corporation on Friday said it posted its biggest quarterly profit in nine years, helped by a fall in crude prices and higher refinery margins. Net profit for the fourth quarter ended 31 March jumped about 80 per cent to Rs 3,223 crore from Rs 1,795 crore a year earlier, […]
In an exclusive interview with BW Retail World, Deepak Bansal, the director of Cantabil Retail India, shared his vision for the company, expansion strategies and the company’s sustainable practices Deepak Bansal, the director of Cantabil Retail India, shares his vision for the company, expansion strategies and the company’s sustainable practices while talking about the company’s […]
Asian Paints on Thursday posted a jump of 45.11 per cent in its net profit to Rs 1,268.41 crore for the quarter ended 31 March 2023, against Rs 874.05 crore in the year-ago period. Revenue from sales went up by 10.91 per cent to Rs 8,750.85 crore, against Rs 7,889.94 crore in the year-ago period. […]
After the Tata Group’s acquisition of Air India, the public sector firm New India Assurance has lost its title as the airline’s “lead insurer,” with the title now transferred to an insurance firm within the conglomerate. The public company had been the leading insurer of Air India for decades, but Tata AIG General Insurance firm […]
ShopClues.com, India’s largest and oldest e-commerce platform, has announced an exciting partnership with Technix Electronics to sell Rocking Deals’ Inventory, Asia’s foremost excess-inventory supplier, to bring an unparalleled selection of high-quality deals and refurbished products to its customers.With this collaboration, ShopClues is expanding its inventory to over 2 lakh SKUs, spanning various categories such as […]
Aditya Birla Fashion and Retail (ABFRL) is picking up 29 per cent stake (1,87,08,227 shares) in TCNS Clothing. ABFRL has made a conditional open offer to acquire up to 29 per cent stake at Rs 503 per share from public shareholders and acquire the remaining stake from the founder promoters to reach an overall shareholding […]
In Q4FY23, Eicher Motors exceeded the projected profit after tax (PAT) and achieved a consolidated PAT of Rs 905.6 crore, which is an increase of 48.42 per cent year-on-year. Sequentially, the growth rate is approximately 22.24 per cent. The revenue for the quarter stood at Rs 3,804.32 crore, indicating an increase compared to Rs 3,193.32 […]
Siemens reported a 38.7 per cent increase in its net profit to Rs 471.1 crore in the quarter ended March 2023, as compared to a net profit of Rs 340 crore in the corresponding quarter of the previous fiscal year. The company’s financial year runs from October to September. In the same period, revenue from […]
Dr Lal PathLabs recorded a decline of 7.5 per cent, reporting a net profit of Rs 56.7 crore in the quarter ended in March 2023, compared to Rs 61.3 crore in the same quarter last year. In the fourth quarter of the fiscal year 2022-23, the company’s operating revenue saw a slight increase of 1.1 […]
