Beam Suntory to launch 4 new products in Indian market
Premium spirits maker Beam Suntory plans to expand its product portfolio by launching four new products from its Japanese parent company House of Suntory’s portfolio, in the next 18 months,…
Kerala fish workers are not happy with ₹6,000 cr budget allocation
Kerala fish workers seem to be not happy with the new sub-scheme of PM Matsya Sampada Yojana at ₹6,000 crore, saying that the sanctioned amount is very meager considering fisheries…
Berger Paints Q3 net down 6% due to capacity constraints
Berger Paints India Ltd registered near 6 per cent decline in standalone net profit at ₹207 crore in the quarter ended December 31, 2022, as against ₹220 crore reported in…
Broker’s Call: Cholamandalam Investment and Finance Company (Buy)
Target: ₹820 CMP: ₹774.85 The AUM of Cholamandalam Investment and Finance Company (CIFC) grew strongly at 8.9 per cent qoq/31.3 per cent yoy to ₹95,468 crore, led by strong disbursements…
HDFC posts ₹3,691 crore PAT for Q3FY23 on healthy AUM growth
Housing Development Finance Corporation posted a net profit of ₹3,691 crore for Q3 FY23, up 13.2 per cent year-on-year (yoy), led by healthy growth in Assets under management (AUM) on…
HDFC posts ₹3,691 crore PAT for Q3FY23 on healthy AUM growth
Housing Development Finance Corporation posted a net profit of ₹3,691 crore for Q3FY23, up 13.2 per cent year-on-year (yoy), led by healthy growth in Assets under management (AUM) on the…
Adani Group’s developments being monitored by ICRA
The rating agency, ICRA, said it is monitoring the impact of recent developments on its rated portfolio in the Adani group, especially the financial flexibility of the group with key…
Budget 2023: Impact on the Insurance Sector
Neon Budget 2023 is released. It has removed tax exemptions on insurance policies whose premium is more than Rs 5 lakh. How will this affect the sector? What has been…
Pilot a deteriorating submarine through abyssal waters in Full Fathom
Okay, we all agree that the ocean is kind of screwed up right? Like, we’ve all seen that YouTube video showing how deep the sea is and unanimously agree that…
ACC cash reserves fall 62%to ₹2,835 crore on capex spend, dividend outgo
Adani Group-owned cement company ACC Ltd. has clarified that its cash on hand dipped 62 per cent in December quarter to ₹2,835 crore against ₹7,367 crore in the same period…