Companies Health News

Dr. Reddy’s EBITDA Increases 119.1% YoY, PAT Up 18.2% YoY

Dr Reddy’s Laboratories on Wednesday announced its consolidated financial results for the quarter ended June 30, 2023. The company reported revenue growth of 29.1 per cent YoY and 7.0 per cent QoQ to Rs. 6,758 crores and above market expectations of Rs. 6,343 crores. The pharma major’s Profit after Tax stood at Rs. 1,405 crores, […]

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Companies News

Pioneer To Set Up New R&D Center In Gurugram And Bengaluru

Pioneer Corporation today announced plans to expand its footprint in India by adding R&D presence. “By establishing R&D at Pioneer India in Gurugram and Bengaluru office, we will accelerate creating of innovation and develop innovative products and services in the mobility field as well as focusing on recruiting and training engineers with the aim of […]

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Brands Companies News

Rage Coffee Opens New Manufacturing and Blending Facility

Rage Coffee, the Delhi-based FMCG company that manufactures, markets, and distributes innovative packaged coffee products, has opened its manufacturing and blending facility, which will enhance its coffee blending outputs across the board. The facility is highly resourceful, as it packs storage, production, and warehousing capabilities in its grand scheme of things, the press note stated. […]

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Logistics News

Govt Approves 15 R&D Projects Worth Rs 32.25 Cr In Strategic Areas

The ministry of textiles has cleared 15 research and development projects worth Rs 32.25 crore across key strategic areas such as speciality fibres, protective textiles, high-performance textiles, geotextiles, medical textiles, sustainable textiles, and textiles for building materials. An official statement from the ministry of textiles said among these 15 R and D projects, seven projects […]

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