BEL Q2 Earnings Results FY25: Bharat Electronics Limited (BEL), a prominent Navratna PSU under the Ministry of Defence, is set to announce its Q2 earnings soon. As a leading manufacturer of electronic systems for defence and other sectors, BEL has shown significant growth in recent quarters. Also ReadQ2 Results 2024: Adani Power, Sapphire Foods, Tata
Hindustan Unilever (HUL) on Wednesday announced the company board’s decision to separate its ice cream business, following a thorough evaluation by a committee of independent directors. “The Board had constituted a committee of Independent Directors of the Company (Independent Committee) to evaluate the way forward for the Business. The Board’s decision to separate is in line
Hindustan Unilever Ltd (HUL) on Wednesday reported its fiscal second quarter earnings with a profit decline of 2.4 per cent at Rs 2591 crore in comparison to Rs 2656 crore during the corresponding quarter of FY24, missing estimates. It posted revenue from operations at Rs 15,926 crore, up 2.2 per cent as against Rs 15,587
Zomato posted another robust quarter with Q2 revenue of Rs 4799 crore led by growth in Blinkit, Hyperpure and Going Out segments, even as the Food Delivery segment continued on its steady path. Zomato’s food delivery GOV grew at a steady pace of 21 per cent, Blinkit grew at a healthy pace of 122 per
Q2 Earnings Result 2024-25: The Q2 earnings season is underway. Several notable companies will announce their Q2 earnings in the upcoming week from October 28 to November 2. From the earnings announcement of major firms, including Adani Power, Bharti Airtel, and Maruti Suzuki to Tata Technologies and Adani Enterprises, these firms will present their Q2
JSW Energy Limited on Wednesday announced that its step-down subsidiary JSW Renew Energy Eleven Limited has signed Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI), for ISTS connected 700 MW solar capacity awarded under SECI Tranche XIII. In a regulatory filing, the company said that the PPA is signed for supply
By Bharat Gite India’s manufacturing sector stands at a pivotal juncture today. We aim to increase the sector’s GDP contribution to 25% by 2025. Simultaneously, a powerful convergence of Industry 4.0 technologies and ESG requirements is reshaping the industry. For manufacturers in India, this shift is not optional any more. It is a strategic necessity
Indian apparel exporters are expected to register a revenue growth of 9-11 per cent in FY2025, stated a report by ICRA. This, it added, will primarily be driven by the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to India, a part of the de-risking strategy adopted
A New York court has ruled that the criminal and civil cases against Indian billionaire Gautam Adani and others, linked to an alleged bribery scheme, are “related” and will be handled by the judge presiding over the criminal case. According to an order from the US District Court for the Eastern District of New York
The Centre’s dividend receipts from the Central Public Sector Enterprises (CPSEs) and other investments have fetched Rs 48,376 crore or 86% of the annual target so far in the current financial year. Going by the performance of the CPSEs so far, the dividend receipts from these companies is poised to exceed Rs 60,000 crore for
In the streets of Bengaluru in 2014, Kabeer Biswas used to coordinate deliveries through WhatsApp groups, personally responding to customer requests and managing the first 8,000 deliveries of what would become Dunzo. The rise was spectacular for Biswas. By 2016, Dunzo became a verb synonymous with convenient hyperlocal delivery in India and boasted millions of
While a weakening rupee is a dampener for foreign investment inflows into India, export-oriented companies could benefit from the fall in the local currency, as they become more competitive against China, Mark Mobius, chairman of Mobius Emerging Opportunities Fund, said on Friday. “I would look at export-oriented companies to begin with because of the currency
By Surender Negi With interest in the unlisted space growing, several smaller firms are deploying innovative ways to tap small investors. These include benchmarks to track the direction of the unlisted space, like the Sensex and the Nifty, and low-ticket investment value. There are at least two benchmarks for the unlisted space, first of which
