Page 2 - Companies

Investing all my money in biz not best way to grow wealth: Ambit's Wadhwa

Veteran financier Ashok Wadhwa talks to Pavan Lall about mistakes and opportunities

AU Small Finance Bank, Tata Elxsi and Adani Power soar on MSCI foray

From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China

Non-life insurers' gross premium income rises 24% to Rs 21,327 cr in April

The non-life insurance companies had a gross premium business worth Rs 17,251.10 crore in April 2021

Companies committed to cutting emissions represent $38 trn in economy: Rpt

In 2021, the number of SBTi companies doubled to 2,253, including 1,082 companies with approved targets and 1,171 that committed to set science-based targets

Asian Paints Q4 results: Net profit flat at Rs 850.4 cr, revenue up 18.7%

The paints major saw its revenue increase 18.7 per cent to Rs 7,892.7 crore in the quarter

Our expectation is that investors buy into our simple story: Delhivery ED

Delhivery's Executive Director Sandeep Barasia explains to Surajeet Das Gupta the reason the firm is launching its initial public offering (IPO), which opens on Wednesday

Godrej Agrovet Q4 profit doubles to Rs 140 crore, revenue up 42%

The company's profit stood at Rs 63.38 crore during the corresponding period of the previous fiscal, Godrej Agrovet said in a statement

Robust O2C margin environment to drive near-term gains for Reliance

Footfall recovery pace, net subscriber count key to its consumer biz

Happiest Minds Tech net income up 45% to Rs 52 crore amid high attrition

During the quarter, the mid-sized software firm said, its revenue rose to Rs 310 crore, clipping at 38.8 per cent year-on-year and 6.2 per cent sequentially

Venus Pipes & Tubes sets IPO price band at Rs 310-326 a share

The initial share-sale will be open for public subscription on May 11 and conclude on May 13

Reliance Retail pre-tax profit rises 2.43% to Rs 3,705 crore in Q4

The company's gross revenue stood at around Rs 1,99,704 crore in the last fiscal

GE Shipping net profit jumps over three-fold to Rs 189 cr in March quarter

The company had posted a net profit of Rs 49 crore in the year-ago period, GE Shipping said in a BSE filing

Hero MotoCorp to ride high on volumes and low valuation, say analysts

Company's margins could expand on operating leverage and price hikes, say analysts

Uber posts net loss of $5.9 billion as Asia investment values fall

Khosrowshahi said Uber's driver base is at a "post-pandemic high" and that it expects engagement to continue "without significant incremental incentive investments."

Prudent Corporate Advisory Services prices IPO at Rs 595-630 per share

The Ahmedabad-based firm's IPO will open from May 10 to May 12

Adani Transmission net profit falls 7.6% to Rs 237 cr in March quarter

The consolidated net profit of the company was Rs 256.55 crore in the quarter ended on March 2021, according to a company statement

DCM Shriram Q4 profit up 73% at Rs 401 crore; revenue rises 31.16%

The company's profit after tax (PAT) stood at Rs 231.24 crore during the corresponding period of 2020-21

Apple's records 20% surge in global smartphone market share over 1 year

Apple has registered 20 per cent growth in the global smartphone market from the first quarter of 2021 till the same period this year, a new report showed on Monday.

Bodhi Tree to invest Rs 4,500cr in ALLEN, build biggest Indian test-prep co

Deal likely to close in three months

Inox Green Energy Services scraps IPO plans; withdraws draft papers

Inox Wind on Friday said its arm Inox Green Energy Services Ltd (IGESL) has decided to withdraw its proposed Rs 740 crore initial share sale offer. The Initial Public Offering (IPO) was slated to issue fresh shares worth Rs 370 crore, besides an Offer for Sale (OFS) of equity stocks aggregating to Rs 370 crore by Inox Wind. The company had filed the Draft Red Herring Prospectus (DRHP) for the proposed IPO on February 7 with the Securities and Exchange Board of India (Sebi). However, the draft offer documents for the IPO have been withdrawn on April 28 and the reasons for the withdrawal have not been disclosed. "We have been informed by the IGESL that its board of directors vide their resolution passed by circulation dated April 28, 2022, the letter of consent from us dated April 28, 2022, and the resolution dated April 28, 2022 passed by our committee on operations, has decided to withdraw the DRHP filed with Sebi, and accordingly, the DRHP has been withdrawn on April 28, 2022 vide