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Nykaa’s Revenue Crosses Rs 5000 Cr And EBITDA Margin Improves To 5% Of Net Revenue

Nykaa announced its financial results for the quarter and full year ended March 31, 2023 on May 30 2023. Over the last two years, Nykaa has continued to prioritize growth, profitability and creating long-term sustainable value for shareholders, customers and the larger ecosystem. India’s BPC market today stands at USD 21 billion, having grown from […]

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Brands Companies News

Adani Ports’ Net Profits In 2022-23 Up 9 % To Rs 5,393 Cr

Adani Ports and Special Economic Zone on Tuesday announced its results for the fourth quarter and the entire financial year 2022-23. Its net profits (Profit After Tax) increased three per cent in the January-March 2023 quarter to Rs 1,141 crore and 9 per cent for the entire year 2022-23 to Rs 5,393 crore. The Adani […]

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Brands Companies Logistics News

Facing US Sanctions, Airbus To Take Russian Aeroflot’s A350 Order To Air India

Tata-owned Air India is expected to receive its first Airbus 350 wide-body aircraft in the second half of 2023 — most likely from October. The Russian airline company Aeroflot’s orders for A350 aircraft by Airbus will now be delivered to Air India. Russia’s ongoing “special military operation” in Ukraine has led to sanctions against Russia […]

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Companies FMCG News Retail

Retail Employers Need New Solutions to Manage Compliance: Report

India’s leading Regulatory Technology solutions company, TeamLease Regtech, has released its report titled ‘Simplifying Compliance Management for the Retail Industry.’ This report gives an overview of the compliance complexity and challenges faced by entrepreneurs and employers in the retail industry delivering into the recent policy reforms to provide insights into the industry’s future outlook. This […]

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Companies News

NBCC Net Profit Jumps 176 % In March Quarter

State-run construction company NBCC (India) on Monday posted a jump of 176 per cent in its net profit to Rs 113.63 crore for the quarter ended March 31, 2023, against Rs 41.10 crore in the year-ago period. The company’s total income went up 13.89 per cent to Rs 2,843 crore in the quarter under review, […]

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Brands Companies News

Adani Transmission Profit Jumps 85% In Q4FY23

Adani Transmission on Monday posted an 85 per cent jump in its net profit at Rs 440 crore for the quarter ended 31 March 2023, against Rs 237 crore in the corresponding period a year ago. The firm’s revenue from operations went up 17 per cent to Rs 3,031 crore, against Rs 2,582 crore in […]

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BPCL Invents Efficient Gas Burner Capable Of Saving One Cylinder Annually

Bharat Petroleum Corporation Limited (BPCL) has invented an efficient LPG burner as compared to the existing ones. Considered to be 10 per cent more efficient than the conventional burner, it is capable of saving Rs 7000 crore if every household replaces such high-efficiency burner, said Sanjay Khanna, Director Refineries, BPCL while addressing a press conference. […]

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Torrent Power Posts Rs 450-Cr Net Profit In Q4

Torrent Power has posted Rs 450 crore as net profit for the quarter ended March 31, 2023. The company had incurred a loss of Rs 488 crore in the year-ago period. According to the company, its revenue went up 61.3 per cent to Rs 6,038 crore for the quarter ended March 31, 2023, against Rs […]

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Brands Companies Fashion & Lifestyle News

AJIO Declares ‘Big Bold Sale’, To Start On 1st June

Fashion brand AJIO on Monday announced its flagship event ‘Big Bold Sale’ which shall start on June 1, 2023.For the mega sale, customers are given early access for a limited period of six hours daily. Customers can shop across 5000+ brands offering over 1.3 million curated fashion styles. “BBS will see customers across 19,000+ pin […]

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Companies Logistics News Retail

RattanIndia Enterprises Launches New Cargo Drone With Increased Payload Capacity

RattanIndia Enterprises (REL) has on Tuesday announced the launch of a new cargo drone ‘L-40’ by its subsidiary company Throttle Aerospace Systems (TAS). The company has earlier launched the L-20 and L-15 and now doubled it carrying capacity from 20 to a staggering 40kg, within the last quarter. The L-Series platform was launched in February […]

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