By tapping into the new category, the company aims to capture urban and rural markets with 100 per cent wheat atta. The distribution of atta has already begun in northern and western parts of the country.
For the second half of 2020, the Indian public cloud services market totalled $1.9 billion, according to according to IDC’s ‘Worldwide Semiannual Public Cloud Services Tracker’.
Bhatia has led the group’s strategic thrust to create multiple drivers of growth that made a significant and growing contribution to the company and industry at large.
Reliance Jio Infocomm Ltd (RJIL) in March announced that it had successfully acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auctions conducted by the Department of Telecommunications, Government of India.
Japan’s Nikkei fell 0.8 per cent while MSCI’s broadest index of Asia Pacific shares outside Japan was off 0.3 per cent.
Ambani said that it is part of a wider ambition to achieve best-in-class standards across environmental, social and governance parameters under the oversight of the company’s board.
During 2020-21, Reliance completed India’s largest ever rights issue of Rs 53,124 crore (oversubscribed by 1.59 times), which was also the largest in the world by a non-financial institution in the last 10 years.
The company has set a target to be among the top 3 NBFCs for consumer and small/medium business finance. Poonawalla is also the CEO of the Serum Institute of India, the makers of the Covishield vaccine.
According to a TechCrunch report, Delhivery disclosed the finding in its latest regulatory filing that has been led by US-headquartered investment firm Fidelity.
HCL – including group companies HCL Technologies, HCL Infosystems and HCL Healthcare, and Shiv Nadar Foundation and its institutions – has already vaccinated more than 25 per cent of its eligible workforce with at least one dose, a statement said.
The IKEA app would be available on both platforms — iOS and Android — and will offer 7,000 home furnishing products, said a statement.
Bezos, who grew Amazon from an internet bookstore to an online shopping behemoth, said Wednesday that Amazon executive Andy Jassy will take over the CEO role on July 5.
Tiger Global has led the investment round with existing investors Accel Partners, Kalaari Capital, Blume Ventures and Dream Incubator also participating in the round, it said in a statement on Wednesday.
The report noted that with the uncertainty in the demand environment, it would be difficult for companies to pass on the rise in commodity costs.
As part of the plan, Flipkart will add over 8 lakh square feet of space through five new fulfilment centres over the next three months.
Prior to this, S D Shibulal had purchased the firm’s scrips worth Rs 100 crore on May 12 and for Rs 100 crore on May 19, through open market deals.
MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.4% in slow trade. Japan’s Nikkei added 0.2% and Chinese blue chips lost 0.5%. Nasdaq futures were flat and S&P 500 futures firmed 0.2%. EUROSTOXX 50 futures and FTSE futures added 0.1%.
According to market observers, other factors such as expectations of a fresh stimulus as well as healthy quarterly results will further push the key indices’ higher.
Benchmarks closed the previous trading week with robust gains, enthused by a declining trend in COVID-19 cases in India, though the pace of the vaccination drive remains an overhang.
HPCL on Thursday reported its March quarter net profit soaring many folds to Rs 3,018 crore on the back of inventory gains and rise in refining margins.
The stock gained 9.14 per cent to Rs 509.80 — its 52-week high — on BSE.
For the year, Tanla would have returned ₹193.27 Crore to shareholders through a combination of share buyback, interim dividend, proposed final dividend and applicable taxes.
Other areas include physical security or fraud detection and adaptive autonomous systems, such as robots, which constantly learn by the analysis of correlations in time and space of events in different sensory channels.
Anand Desai, Managing Director of Anupam Rasayan said these new orders will bolster its growth prospects and allow it to diversify its product offering.
Revenue from operations rose by 12 per cent to Rs 25,747 crore against Rs 23,018 crore in the same period. Consolidated EBITDA stood at Rs 12,583 crore for Q4 FY21 while EBITDA margin came at 48.9 per cent.