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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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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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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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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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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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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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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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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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Former Dabur International CEO Krishan Kumar Chutani Takes Over As Haldiram CEO

Krishan Kumar Chutani, former CEO of Dabur International, who exited the company in January 2023 has joined Haldiram as CEO.  Chutani has been with Dabur since 1992 and under his leadership Dabur’s International business, company reported an impressive annual turnover of more than AED 1.2 billion. He was responsible for expanding the company’s operations across […]

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Pepsico Raises Tarun Bhagat As CMO, India & South Asia

Tarun Bhagat has been promoted as Chief Marketing Officer, India and South Asia at global beverage giant Pepsico. Bhagat took to LinkedIn to announce his promotion: “I’m excited to announce that I’ll be joining PepsiCo as Chief Marketing Officer, India & South Asia Beverages!” Bhagat was previously the Senior Director of Marketing for Mountain Dew, […]

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