News Overview

The business run by Falguni Nayar recorded revenue of ₹1,668 Crore for the quarter, a 28% increase from ₹1,302 Crore from the same period last year.

Poor performance in its chemicals division and costs associated with the temporary shutdown of its joint venture company, AV Terrace Bay Inc., Canada, hurt the company's profitability.

Srivastava stated that the company expects substantial growth in the EV segment this year and the next, driven by portfolio expansion and geographical reach.

The corporate agency license would enable Mahindra Finance enhance its product line by including insurance products.

Ahead of the public issue, Awfis Space Solutions mobilized ₹268.6 crore from institutional investors via the anchor book on May 21.

Currently, OIL evacuates 1.72 MMTPA of petroleum products through NSPL and delivers them to the NRL Marketing Terminal in Siliguri.

The net profit and EBITDA margin excluding ex-Cenexi, a contract manufacturing firm that Gland acquired for more than ₹1,000 Crore last year.

The Board of Directors proposed a dividend of ₹1.2 per equity share, totaling ₹792 million, subject to shareholder approval at the AGM.

In late February, Disney signed a contractual agreement to merge its India unit with Viacom 18 Media Pvt Ltd.

As part of the agreement, L&T Realty will design, develop, build, complete, market, brand, and sell the project's free-sale component.