Corporates

Seven Most Valued Entities Add Rs 1.16 Lakh Crore in Market Capitalisation

Seven Most Valued Entities Add Rs 1.16 Lakh Crore in Market Capitalisation

Press Trust of India | Sunday May 29, 2022, New Delhi

Combined market valuation of seven of the 10 most valued firms jumped by Rs 1,16,048.1 crore last week, with HDFC Bank emerging as the biggest gainer

NMDC Records 24% Growth In Production During 2021-22

NMDC Records 24% Growth In Production During 2021-22

Edited by Animesh Singh | Saturday May 28, 2022

Steel Ministry's entity NMDC recorded 24 per cent production growth as it produced 42.19 million tonnes of iron ore in 2021-22

IT Company CACI To Announce Earnings Per Share

IT Company CACI To Announce Earnings Per Share

Edited by Animesh Singh | Saturday May 28, 2022

CACI International Inc is expected to announce its earnings per share or EPS for the current quarter

Mahindra & Mahindra March Quarter Profit Rises Five-Fold To Rs 1,192 Crore

Mahindra & Mahindra March Quarter Profit Rises Five-Fold To Rs 1,192 Crore

Press Trust of India | Saturday May 28, 2022, Mumbai

Mahindra & Mahindra on Saturday reported nearly five-fold jump in standalone profit at Rs 1,192 crore for quarter ended March 31, 2022

Adani Defence To Take 50% Stake In Agricultural Drone Startup

Adani Defence To Take 50% Stake In Agricultural Drone Startup

Press Trust of India | Saturday May 28, 2022, New Delhi

Adani Defence & Aerospace has entered into agreements for acquiring 50 per cent equity stake in agricultural drone startup General Aeronautics

Won't Make Vehicles In India Until Allowed To Sell Locally: Elon Musk

Won't Make Vehicles In India Until Allowed To Sell Locally: Elon Musk

Press Trust of India | Saturday May 28, 2022, New Delhi

Tesla & Elon Musk: Tesla will not manufacture its products locally unless it is allowed to sell and service its cars in India

Ruchi Soya's Total Income Rises 37.38% To Rs 6,676.19 Crore In Q4

Ruchi Soya's Total Income Rises 37.38% To Rs 6,676.19 Crore In Q4

Asian News International | Friday May 27, 2022, Mumbai

FMCG firm Ruchi Soya Industries Limited on Friday said its total income surged by 37.38 per cent to Rs 6,676.19 crore for the quarter ended March 2022, despite the challenging consumption environment.

Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"

Future Retail Denies Amazon's Claim Of "Fraudulent Stratagem"

Press Trust of India | Friday May 27, 2022, New Delhi

Future Retail Ltd (FRL) has denied Amazon's allegations that the debt-ridden firm's independent directors facilitated a "fraudulent stratagem" in transferring 835 stores to the Reliance group, saying the e-commerce major has been making "baseless" and "irrelevant" claims.

Centre Withdraws Offer To Sell 53% Stake In Bharat Petroleum Corp

Centre Withdraws Offer To Sell 53% Stake In Bharat Petroleum Corp

Press Trust of India | Thursday May 26, 2022, New Delhi

The government on Thursday withdrew its offer to sell its entire 52.98 per cent stake in BPCL, saying that majority of bidders have expressed their inability to participate in the current privatisation process due to prevailing conditions in the global energy market.

Infosys CEO Salil Parekh's Proposed Salary At Rs 79.75 Crore A Year

Infosys CEO Salil Parekh's Proposed Salary At Rs 79.75 Crore A Year

Press Trust of India | Thursday May 26, 2022, New Delhi

Infosys CEO Salil Parekh has got a massive 88 per cent jump in annual remuneration to Rs 79.75 crore, making him one of the highest-paid executives in the country.

Infosys CEO Salil Parekh's Salary Jumps 88% To Rs 79.75 Crore: 10 Points

Infosys CEO Salil Parekh's Salary Jumps 88% To Rs 79.75 Crore: 10 Points

Thursday May 26, 2022

Infosys CEO, Salil Parekh, to be paid Rs 79.75 crore salary after his reappointment, effective July 1, an 88 per cent jump from his previous 5-year term pay.

Ex-CEO Jack Dorsey Steps Down From Twitter Board

Ex-CEO Jack Dorsey Steps Down From Twitter Board

Kurt Wagner, Bloomberg | Thursday May 26, 2022

Twitter Inc. director Egon Durban, the co-Chief Executive Officer of private equity firm Silver Lake, failed to get enough votes for re-election to the board during the company's annual shareholder meeting Thursday.

Aether Industries IPO Subscribed 49% On Second Day Of Issue

Aether Industries IPO Subscribed 49% On Second Day Of Issue

Press Trust of India | Wednesday May 25, 2022, New Delhi

The initial public offer (IPO) of speciality chemicals company Aether Industries was subscribed 49 per cent on the second day of subscription

Bharat Electronics Limited's Turnover Rose 9% To Rs 15,044 Crore In 2021-22

Bharat Electronics Limited's Turnover Rose 9% To Rs 15,044 Crore In 2021-22

Press Trust of India | Wednesday May 25, 2022, Bengaluru

Bharat Electronics Ltd (BEL) on Wednesday said it has registered a growth of 8.87 per cent in its turnover over the previous year

Coal India March Quarter Profit Rises 46% To Rs 6,693 Crore

Coal India March Quarter Profit Rises 46% To Rs 6,693 Crore

Press Trust of India | Wednesday May 25, 2022, New Delhi

Coal India Limited on Wednesday posted a 45.9 per cent rise in its consolidated net profit at Rs 6,692.94 crore for the quarter ended March, 2022