Financial performance
Mamaearth's Parent Company, Honasa Consumer Denies Block Deal Reports
Brands Companies Finance News

Mamaearth’s Parent Company, Honasa Consumer Denies Block Deal Reports

Honasa Consumer Care, the parent company of popular personal care brand Mamaearth, has issued a statement refuting recent reports of a block deal involving Employee Stock Ownership Plans (ESOPs). The denial comes in response to a media report on 27 November, which had suggested that employees of Honasa were poised to sell shares worth Rs […]

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Lenovo Faces Significant Revenue Decline Amidst PC Market Slump
Brands Companies Electronics Finance News

Lenovo Faces Significant Revenue Decline Amidst PC Market Slump

Lenovo Group reported a significant setback in its financial performance for the third quarter ending September, with a 16 per cent fall in revenue totaling USD 14.41 billion compared to the same period last year. This is the fifth consecutive quarter of declining sales for the company, as it grapples with the lingering effects of […]

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Reliance Retail Q2 Net Profit Up 21%, EBITDA Margin Improves To 8.4%
Companies News

Reliance Retail Crosses 100 Cr Transactions

Reliance Retail, the subsidiary of Reliance Industries Ltd (RIL), has witnessed a meteoric rise in valuation, surging from Rs 4.28 lakh crore in 2020 to Rs 8.28 lakh crore. The Chairman of Reliance Industries, Mukesh Ambani, disclosed this remarkable feat to investors, highlighting the company’s enduring popularity and sustained investor interest during the 46th AGM. […]

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