Manyavar parent Vedant Fashions on Saturday reported an 18.11 per cent Year-on-Year (YoY) increase in its consolidated net profit to Rs 150 crore in the quarter ended 31 December 2022 compared to Rs 127 crore in the same quarter last year. The company’s revenue from operation grew by 14.73 per cent YoY to Rs 441.42 […]
Shoppers Stop, India’s leading retail chain, has recently partnered with Kerala-based Earthi, a luxurious Ayurveda brand, to launch the world’s first Kumkumadi Oil face sheet mask as well as a wide range of ayurvedic skin care and personal care products. Shoppers Stop will exclusively retail Earthi’s product portfolio drawing on its experience in the Indian […]
Zomato gave clarification on stopping the 10- minute service on Friday. “Zomato stops 10-minute food delivery offering” which appeared in http://www.rediff.com on January 24, 2023. “In this regard, we would like to submit that the said news article itself clarifies Company’s stance,” the company said in its regulatory filing. “Instant (10-minute food delivery offering) is […]
The Bengaluru civic body has issued a notice prohibiting the sale of non-vegetarian dishes within 10 km of the Yelahanka Air Force Station in view of the Aero India 2023. The Bruhat Bengaluru Mahanagara Palike (BBMP) issued a notice to restaurants and proprietors of meat stalls near the Yelahanka Air Force Station to stop the […]
Greylongg , an apparel enterprise focusing on French fashion-inspired clothing, recently launched its operations in India. The apparel house is a joint initiative by Nitika and Vasudha after they scoured India for its finest fabrics. In particular, they were moved by the plight of regional artisans and fabric makers. The founding duo also absorbed the […]
Cipla, an Indian pharmaceutical conglomerate, announced its results for the third quarter ended 31 December, 2022 (Q3FY23) on 25 January. The firm recorded a consolidated profit after tax (PAT) of Rs 801 crore for the quarter, up 10 per cent from the previous year’s figure of Rs 729 crore. In the September 2022 quarter, it […]
Torrent Pharma has posted a 14 per cent growth in its net profit to Rs 283 crore for the quarter ended December, against Rs 249 crore in the year-ago period. Revenues were up 18 per cent at Rs 2,491 crore, against Rs 2,108 crore in the corresponding quarter the previous year. The pharma firm’s gross […]
Dr Reddy’s Laboratories on Thursday posted a jump of 76.51 per cent to Rs 12,471 crore in net profit for the quarter ended December 2022, against Rs 7,065 crore during the corresponding quarter the previous year. Its revenues grew 27.26 per cent to Rs 67,700 crore from Rs 53,197 crore in the year-ago period. The […]
Markets regulator SEBI on Wednesday imposed a penalty of Rs 25 crore on Coffee Day Enterprises (CDEL), which owns Cafe Coffee Day, for allegedly violating of securities laws. In a detailed investigation carried out by SEBI, the diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates […]
Patanjali Foods reported a 15 per cent increase in net profit to Rs. 269.19 crore for the quarter ending December 2022 on Wednesday. This compares to a net profit of 234.07 crore in the previous year, according to the company’s regulatory statement. Revenue from operations increased by 26 per cent to Rs 7926.64 crore, up […]
