Pansari Group, a FMCG companay, on Saturday reported a 30 per cent growth in sales volume in the fiscal year 2022-23. Following its recent expansion in the Western and Southern Indian markets, the brand is sufficiently prepared to successfully establish itself in the FMCG industry across India, the company said. According to the company, 70 […]
Vodafone Idea (Vi) has experienced an uptick in discussions with banks, promoters, and external investors to raise funds in recent weeks. Akshaya Moondra, the company’s CEO, revealed that these discussions have gained momentum following the implementation of most provisions of the telecom relief package. It may ne recalled that Vi has been grappling with financial […]
Bharat Heavy Electricals or BHEL, the largest government-owned power generation equipment manufacturer in India witnessed a decline of over 30 per cent in consolidated profit after tax (PAT) for the quarter ended March 2023 (Q4FY23). The profit in the corresponding quarter of the previous year was Rs 912.5 crore, whereas, in Q4FY23, it dropped to […]
Singapore’s dominant telecom operator Singtel last week announced that net profit for the financial year which ended March 2023 was up 14 per cent to SGD 2.23 billion (USD 1.65 billion). After accounting for exceptional items, underlying profit increased by 6.8 per cent. Group revenue was lower by 4.7 per cent, coming in at SGD […]
Indian brand Fire-Boltt surpassed electronics major Samsung in global smartwatch shipments to reach the second position in the global market behind Apple. Fire-Boltt’s shipments increased by approximately three times compared to the previous year and saw a 57 per cent growth compared to the previous quarter. This growth happened parallelly to the growth in shipments […]
Prataap Snacks (PSL), an Indian snacks food company reported anet profit Rs 21.61 crore for the quarter and financial year ended 31st March 2023. The company’s income from operations grew by 11 per cent year-on-year (YoY) for the year gone by at Rs. 397.91 crore. The company ended FY23 with sales of Rs. 1641.71 crore, […]
Oil India has reported its highest net profit since its inception with a jump of 75.20 per cent year-on-year to Rs 6,810.40 crore for the fiscal 2022-23, on the back of higher operating income and growth in oil and gas production. During the last fiscal, the company also reported the highest-ever pipeline throughput of 8.19 […]
Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours circulating on Chinese social media in recent days that the company planned to cut 20 per cent of its workers. In a post on the firm’s official Weibo account, Alibaba said that among the 15,000, more than 3,000 people […]
Reliance Consumer Products (RCPL) has announced its foray into the western snacks category with the launch of Alan’s Bugles in India. RCPL is the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL). With this, consumers in India will be able to purchase Bugles products. The international corn chips snacks brand with […]
India and the Central American Integration System (SICA) are in the final stages of negotiating the free trade agreement (FTA), said Omar Lisandro Castaneda Solares, Guatemala’s Ambassador to India on Thursday. “We are at the final stage of negotiating this agreement and I expect this to be implemented in the coming months, even before the […]
