Corporate

Asian Paints recorded a strong 62 per cent year-on-year growth in consolidated profit at Rs 1,238.3 crore for the quarter ended December 2020, on the back of strong volume growth during the festival season and operating performance. Profit in the period under review was at ₹ 764.4 crore. Consolidated revenue from operations rose sharply by 25.2 per cent to Rs 6,788.5 crore in Q3FY21, compared with ₹...

Shares of electrical products maker - Havells - rose as much as 11.75 per cent to hit record high of ₹ 1,141 on the BSE after it reported December quarter earnings post market hours on Thursday. The Noida-based company's net profit in October-December period rose 75 per cent to ₹ 349 crore compared to ₹ 199 crore during the...

Shares of global technology consulting and digital solutions company L&T Infotech (LTI) rose as much as 3.56 per cent to hit an intraday high of ₹ 4,239 on the BSE after the company reported its December quarter earnings post market hours on Tuesday. L&T Infotech's net profit rose 37 per cent to ₹ 518.7 crore from ₹ 377 crore...

Key Highlights: •  Sets up Nuts Processing Unit in Kheda - Gujarat with over 100 strong women workforce to meet increasing demand in evolving category of nuts •  Nuts will be marketed under brand – ETG AGRO NATURZ – PRO NUTS in both bulk and consumer pack formats •  Initial launch of Almonds and then expand to Walnuts, Pistachios, and cashews in India January 2021… ETG Agro India, with its flagship...

Carlos Tavares has been appointed as chief executive officer (CEO) of Stellantis - the merger brand of Fiat Chrysler Automobiles (FCA) and Group PSA, after both brands officially finalised the collaboration. This 50:50 merger has made Stellantis one of the biggest automakers in the world with 15 brands under its umbrella. From FCA's side, the brands include Abarth, Alfa...

Mindtree shares gained nearly 4 per cent in early morning trading after the information technology company owned by Larsen & Toubro (L&T) posted a 65.7 per cent year-on-year rise in net profit to ₹ 326.5 crore for the third quarter ended December on the back of improvement in operational efficiencies. At 9:30 am, the shares of Mindtree were trading...

Enables micro, small and medium businesses to restart operations & recover from COVID-19 crisis The pioneering buy-now-pay-later financing facility on SOLV’s platform helps MSMEs with- Instant invoice financing for as low as Rs. 3,000 and a flexible credit period from 15 - 60 daysWith the alternate data on its platform, SOLV provides segment analysis to match financier and borrower requirementsSOLV targets...

·         Abdul Basit and Akshat Baheti became first and second runner up ·         Winners will get cash prize, trophy and certificate ·         Due to Corona Protocol event held online Bhopal, 17 January 2021 : The Bhopal Finale of the prestigious Global Student Entrepreneurship Award (GSEA) organized by the Bhopal Chapter of Entrepreneurs Organization (EO) concluded late yesterday evening. In this finale organized...

Amazon's first US union election since 2014 is scheduled to begin with the mailing of ballots in early February and a vote count starting March 30, a US labor board official said in a filing on Friday. The announcement brings employees at Amazon's fulfillment center in Bessemer, Alabama, a step closer to deciding whether to join part of the Retail, Wholesale and...

Google has completed its $2.1 billion acquisition of fitness-gadget maker Fitbit — a deal that could help the Internet company grow even stronger while US government regulators pursue an antitrust case aimed at undermining its power. In India, Fitbit users who used its subscription service — Fitbit Premium, were also given a reduced subscription price, down to ₹ 1,000 from...