Companies

May 1, 2024

Amazon snuffs out investor hopes for dividend or share buybacks

Amazon.com Inc.’s growing cash pile had some investors betting the e-commerce and cloud computing giant would pay a dividend or buy back stock like Meta Platforms […]
May 1, 2024

Godrej Group may finalise family settlement shortly

The Godrej Group may finalise a family settlement shortly, The family group led by Adi and Nadir Godrej is likely to assume control over the majority […]
May 1, 2024

Ambuja Cements Q4 revenue likely to rise by 12.5% led by volume growth

Ambuja Cements Ltd is set to report its financial performance for the quarter ended March 2024 (Q4 of FY24) on Wednesday (May 1). In terms of […]
May 1, 2024

Indus Towers Q4 Results | Profit jumps 33% to ₹1,853 crore, revenue up 7% to ₹7,193 crore

Telecom infrastructure major Indus Towers Ltd on Tuesday (April 30) reported a 32.5% year-on-year (YoY) increase in net profit at ₹1,853.1 crore for the fourth quarter […]
April 30, 2024

Coca-Cola makes $293 million from refranchising India bottling operations

New Delhi: The Coca-Cola Company made net gains of $293 million related to refranchising of its bottling operations in certain territories in India earlier this year, […]
April 30, 2024

IndiGo to develop multiple hubs for non-stop flights to int’l destinations

India’s largest domestic airline IndiGo has set a clear target for itself with its first wide-body aircraft order that placed recently. It wants to develop multiple […]
April 30, 2024

Sebi steps in to curb front-running by mutual fund

The Securities and Exchange Board of India has approved amendments to its mutual fund regulations aimed at establishing an institutional mechanism to curb front-running and fraudulent […]
April 30, 2024

Adani Total Gas Q4 Results: Net profit rises 71% to ₹168 crore; EBITDA up 47% YoY

Adani Total Gas Q4 Results: Adani Total Gas announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Tuesday, April 30, reporting a surge of 71.6 per cent […]
April 30, 2024

Adani Ports & SEZ attains India’s first AAA ratings in private infrastructure space

Adani Ports & SEZ (APSEZ), one of the largest profit contributors for Adani Group, has been upgraded to AAA rating by Care Ratings. This is the […]