RailTel Corporation faces ₹60 crore arbitration claim from 3i Infotech over Wi-Fi project
Shares of Railtel Corporation of India Ltd ended at ₹298.70, down by ₹2.75, or 0.91%, on the BSE.
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Oberoi Realty Q1 Results: Profit jumps 29%, margin expands; declares dividend
Oberoi Realty reported a healthy June quarter, with profit rising 29% and revenue growing nearly 32% year-on-year as margins improved. The board also declared an interim dividend of ₹2 per share.
ITC Foods sees El Niño as next big risk for rural demand and food supplies
ITC Foods Divisional CEO Hemant Malik says current demand remains resilient, but a weak monsoon could disrupt agricultural supplies later this year. He also says India must move beyond commodity exports and build global food brands.
Tatva Chintan Q1 profit more than doubles as revenue jumps 43%; approves ₹200 crore capacity expansion
The specialty chemicals maker reported strong growth in revenue and operating profit during the June quarter, while its board also cleared a ₹200 crore expansion at its Dahej manufacturing facility.
Poonawalla Fincorp Q1 net profit jumps nearly 5x on higher NII, improved asset quality
Shares of Piramal Finance Ltd ended at ₹2,144.75, down by ₹40.00, or 1.83%, on the BSE.
Apple just hit a record high. HSBC says it still has room to run
The investment bank upgraded the AI name to buy from hold. I also hiked its price target on shares to $366 from $260, suggesting 10% upside from Thursday’s close.
JSW Steel Q1 Results: Record sales, higher other income aid profit growth; To take unit public
JSW Steel’s June-quarter profit more than doubled, aided by higher other income and record first-quarter steel sales, helping the company beat Street estimates across key metrics. The board also approved selling shares worth up to ₹811 crore in the proposed…
RVNL partners with Goa government to develop infrastructure projects in the state
The state-run company will act as the project execution agency under the MoU, though details on project value, scope and timelines are yet to be announced.
Zee Entertainment explores stake sale in Music arm to shore up cash reserves: Exclusive
Zee Entertainment is further aiming to increase its cash balance, which is currently around ₹3,000 crore. The company’s current market capitalization is just over ₹10,000 crore.
JSW Steel to participate in JSW One Platforms IPO with ₹811 crore Offer For Sale
JSW Steel said the price and other details of the proposed IPO will be determined at a later stage in accordance with applicable regulations, including the SEBI (Issue of Capital and Disclosure Requirements) Regulations.