VLCC Health Care Ltd. (VLCC), one of the largest homegrown wellness and beauty companies in India, intends to raise up to Rs. 300 crore of fresh capital and partly utilize these funds to set up VLCC Wellness & Beauty Clinics in India and GCC Region, VLCC Institutes in India, and for investment in digital and […]Read more..
Shriram Group planing for merger & hive off insurance biz Shriram Group has plans to restructure its various financial services businesses that includes lending and insurance by merging its two listed units into one and reverse merging the holding company into it, while spinning out insurance into a separate entity The proposed reorganisation, if approved […]Read more..
MSCI likely to include Zomato among 7 Indian stocks to its standard index MSCI is likely to include seven Indian stocks to its standard index as part of its semi-annual review. Likely inclusions could result inflows of about Rs 10,500 crore into these seven stocks by the end of this month. Stocks such as Tata […]Read more..
EaseMyTrip Q2 NP up 4-fold Online travel firm EaseMyTrip has reported an over four-fold jump in consolidated net profit at Rs 27.12 crore for the quarter ended September as compared to Consolidated total income stood at Rs 59.78 crore for the quarter under consideration. It was Rs 22.29 crore for the same period a year […]Read more..
Union Bank of India sees 3-fold jump in net profit Union Bank of India on Tuesday reported a nearly three-fold jump in its standalone net profit to Rs 1,526.12 crore for the September 2021 quarter. as compared to a net profit of Rs 516.62 crore in the corresponding quarter of the previous financial year. On […]Read more..
PNB Housing Finance Q2 profit declines PNB Housing Finance has reported a 25 per cent decline in net profit at Rs 235 crore for the quarter ended September 2021 as compared to a net profit of Rs. 313 crore in the corresponding period a year ago. During Q2FY22, the company’s net interest margin stood at […]Read more..
Adani Enterprise picks up minority stake in Cleartrip Adani Enterprises has acquired a significant minority stake in Flipkart-owned Cleartrip, giving India’s biggest airports operator a foothold in the fast-growing online flight-booking space amid its super app plans. The deal, whose financial details weren’t disclosed, comes when the travel and hospitality industry at large is witnessing […]Read more..
Get Ready for India’s Largest IPO: Paytm PayTM gets SEBI’s nod for Rs 16,600 crore IPO. Yes, this will be India’s biggest public issue so far. A decade ago ,Coal India, had raised Rs 15,000 crore One97 Communications has received the clearance from the SEBI for its Rs 16,600 crore IPO & the company is […]Read more..
Tata Steel BSL posts over 5-fold jump in net profit to 1,837 crore for Q2 2122 Tata Steel BSL on October 20th, reported over a five-fold jump in its consolidated net profit to Rs 1,837.03 crore for the September 2021 quarter, mainly on account of higher income. The company said it had earned a net […]Read more..
Jubilant Food Works Q2 EPS up 58% and yet severe correction at the counter Jubilant Food works has reported excellents results for the quarter ended on 3oth September 2021 with consolidated revenue of Rs 1116 crore in Q2FY22, against Rs 816 crore in Q2FY21, up 37 %, aided by strong all round performance across business […]Read more..