According to DHL, it raised numerous sets of invoices for warehousing and third-party logistics services it rendered to Eicher Motors during the financial year 2020—21
The company's board of directors has authorised the investment proposal for building Mine III at Neyveli, Tamil Nadu, at an estimated cost of Rs3,755.71 crore, according to a regulatory filing.
The IT firms consolidated net profit declined 27.9% to Rs 149.7 crore despite a 5% increase in gross revenues to Rs 1,829.4 crore in Q1 FY23 over Q4 FY22.
The acquisition will be through the purchase of equity shares from the promoter and other exiting shareholders of Moshine for a consideration of up to Rs8.64 crore.
Its net profit increased by 83.6% from Q1 FY22 to Q1 FY23, reaching Rs544.82 crore (up from Rs296 crore).
Nifty Media zoomed nearly by 1%, while Bank Nifty, Nifty IT, Auto also contributed to the winnings soaring marginally.
Gold's price has dropped by Rs 440 to Rs 50,180 as of right now
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