Rossari Biotech’s initial share-sale ended four months of inactivity in the IPO market.
As per the MoU between IBA and the workers and officers unions, the wage revision, which will benefit nearly 10 lakh employees, will be effective from November 1, 2017
Consumers in tier-2 and tier-3 cities are much more optimistic than those in tier-1 cities, the findings showed.
The company, in a regulatory filing, reported a 4.43 per cent rise in total income during the period under review to Rs 10,716 crore.
“For grocery, we expect online penetration to reset to a higher level due to Covid, further aided by the entry of Reliance Industries in this space,” the report said.
The company reported a 4 per cent year-on-year (YoY) growth in its revenue from operations at Rs 2,152.20 crore during the period under review.
According to Ronojoy Dutta, CEO, IndiGo, the company, after carefully assessing and reviewing all possible scenarios, will require to bid “a painful adieu” to 10 per cent of its around 27,000-strong workforce.
ComplianceQuest, a Cloud-based system natively built and run on Salesforce, helps life sciences, medical devices and other manufacturers meet their quality, safety and compliance goals
Lending major HDFC Bank on Saturday reported a 19.6 per cent increase in standalone net profit for the quarter ended June 30 of FY21 on the year-on-year basis. The bank’s net profit for the first quarter of FY21 rose to Rs 6,658.6 crore, HDFC Bank said. The bank’s net revenues[Read More…]
The current capacity of solar cell manufacturing in India is about 2,500 MW. This is proposed to rise over three times in coming years.
Ashwini Kumar Tewari will take over as the new MD and CEO of the Company with effect from August 1, 2020 for a period of two years.
According to a report in The Verge, Amazon is also planning to extend restrictions on nonessential business travel until the end of the year.
On the back of concluding the largest ever rights issue in India in digital-only mode, the 43rd AGM on Wednesday too was conducted through video conferencing for the first time ever.
The deal was earlier scheduled to close by March, 2020 but is now delayed and is expected to be completed this year.
Jio Platforms and Google have entered into a commercial agreement to jointly develop the entry-level affordable smartphone with optimisations to the Android operating system and the Play Store.
Speaking at the Annual General Meeting (AGM) of RIL, Ambani said that the “Made-in-India” technology can be deployed and launched in a year’s time once spectrum is available.
Jio has also revealed that the company is developing Jio Tv Plus, Jio glass and more.
Google is investing at an equity valuation of Rs 4.36 lakh crore, said an RIL regulatory filing.
The urban CPI stood at 5.91 per cent and rural at 6.20 per cent .
In FY20, Rossari Biotech had reported revenues of ₹600 core and net profit of ₹65.3 crore.
Among the four investors, Interstellar Platform Holdings (L Catterton) has invested Rs 1,894.50 crore for 0.39 per cent, ThePublic Investment Fund has put in Rs 11,367.00 crore for 2.32 per cent.
For June, Zomato posted EBITDA loss of $1.5 million, while revenue hit $17 million
In a regulatory filing, the bank said that it will seek shareholders’ approval for raising of equity capital for an amount up to Rs 7,000 crore in the forthcoming Annual General Meeting (AGM).
In a regulatory filing, the bank on Thursday said that it has reserved a portion of up to Rs 200 crore for its employees.
The development comes a day after Yes Bank’s board approved raising funds through an FPO.