Balrampur Chini to raise ₹450 crore via preferential issue; hikes PLA capex

Balrampur Chini Mills to raise up to ₹450 crore via preferential issue and ₹200 crore via NCDs, ups PLA capex to ₹3,080 crore, plans new lactogypsum plant in Uttar Pradesh.

Balrampur Chini Mills to raise up to ₹450 crore via preferential issue and ₹200 crore via NCDs, ups PLA capex to ₹3,080 crore, plans new lactogypsum plant in Uttar Pradesh.

Tata Teleservices (Maharashtra) returned to profitability in the March quarter, but that was due to an exceptional gain owing to a provision write-back. However, adjusted for the exceptional item, its losses narrowed compared to last year.

A founder and entrepreneur, Agarwal played a central role in building the company from its origins in Bikaner into a globally recognised packaged food enterprise.

Shares of Dabur India Ltd ended at ₹460.15, up by ₹0.10, or 0.022%, on the BSE.

ACC extends tenures of Rajneesh Karnatak at Bank of India and Debadatta Chand at Bank of Baroda as MD and CEO, and Ashutosh Choudhury as Executive Director at Indian Bank.

Shares of Himadri Speciality Chemical Ltd ended at ₹537.50, up by ₹14.55, or 2.78%, on the BSE.

Nikhil Bhandari, Head-India Equity Research at Goldman Sachs, said supply constraints, lower investments and maturing shale output are setting up a new oil investment cycle. He expects prices to remain supported depending on supply disruptions, with investments likely to pick…

On a sequential basis, Infosys’ rupee revenue grew by 2%, but was down 1.2% in US Dollar terms. EBIT increased by 2.8%, while margins saw an expansion of 20 basis points from the previous quarter.

Shares of Adani Energy Solutions Ltd ended at ₹1,361.60, down by ₹8.65, or 0.63%, on the BSE.

LTM Q4 revenue rose 4.7% to ₹11,291.7 crore, net profit jumped 44.6% to ₹1,387 crore, margins fell, board proposed ₹53 dividend per share.