Mumbai (Maharashtra) [India], June 17 (ANI): Pipe manufacturer Welspun Corp, part of the 2.7 billion dollar Welspun Group, on Wednesday, reported a consolidated net profit of Rs 138 crore in the quarter ended March as against a net loss of Rs 149 crore in Q4 FY19.
Bengaluru (Karnataka) [India], June 17 (ANI/BusinessWire India): The pandemic and the subsequent economic recession have not deterred first-time entrepreneurs from launching their new companies.
Visakhapatnam (Andhra Pradesh) [India], June 16 (ANI): Rajavaram Village Revenue Officer (VRO) on Tuesday caught in Visakhapatnam by the Anti-Corruption Bureau (ACB) while he was allegedly accepting Rs 14,000 bribe from a farmer, police said.
Ludhiana (Punjab) [India], June 16 (ANI): Vardhman Special Steels has reported revenue from operations at Rs 206 crore in Q4 FY20 as against Rs 243 crore in Q4 FY19, marking a decline of 15.45 per cent due to fall in prices of finished goods combined with a slowdown in the automotive sector.
Mumbai (Maharashtra) [India], June 15 (ANI): Tata Motors on Monday reported a consolidated net loss of Rs 9,864 crore in the January to March quarter (Q4 FY20) as compared to a net profit of Rs 1,109 crore in Q4 FY19.
Mumbai (Maharashtra) [India], June 13 (ANI): Aditya Birla-led Grasim Industries on Saturday reported a consolidated profit after tax of Rs 1,506 crore in the fourth quarter ended March (Q4 FY20), marking a growth of 32 per cent from Rs 1,144 crore in Q4 FY19.
Bhopal (Madhya Pradesh) [India], June 13 (ANI): The Directorate General of GST Intelligence and Directorate of Revenue Intelligence conducted joint raids at 16 locations of three pan masala and tobacco companies in Madhya Pradesh, in which GST evasions of Rs 225 crores were detected.
Mumbai (Maharashtra) [India], June 12 (ANI): Mahindra & Mahindra on Friday reported a consolidated net loss of Rs 3,255 crore for the January to March quarter compared to a net profit of Rs 969 crore in the corresponding quarter of previous year.
Gurugram (Haryana) [India], June 12 (ANI): Fortis Healthcare has said that COVID-19 pandemic led its occupancy in hospital business falling to 29 per cent during April versus 66 per cent in the year-ago period, impacting significantly the revenues, profitability and cash flows.
New Delhi [India], June 11 (ANI): The Supreme Court on Thursday came down heavily on telecommunication companies for not having paid the pending adjusted gross revenue (AGR) dues. The apex court also said that the Centre misused the court's judgment in the matter.
New Delhi [India], June 11 (ANI): The crucial board meeting of Bharti Infratel scheduled for Thursday to take a final decision on the scheme of arrangement with Indus Towers has been postponed.