Corporate News
Apple India’s net profit up 76%, sales touched Rs 50K cr in FY23
It is the fastest growth of net profit for Apple in India in the last five years, according to the Economic Times, citing information from Apple's Registrar of Companies (RoC).
NTPC posts 38% jump in Q2 net profit at Rs 4,726cr, lines up dividend
The NTPC board has approved payment of the first interim dividend of Rs 2.25 per share on the face value of paid-up equity shares of Rs 10 each for FY24. The dividend will be paid on November 23.
BPCL records consolidated net profit of Rs 8,501 crore in September quarter
The state-owned entity’s consolidated revenue however fell 9 per cent year-on-year to Rs 1.17 lakh crore in the September quarter.
Reliance Retail delivers strong performance with Rs 77,148 cr gross revenue for Q2 FY24
Grocery and Fashion & Lifestyle businesses maintained strong growth momentum while Consumer Electronics had a steady performance despite festive period falling in Q3 FY24.
RIL posts consolidated revenue of Rs 2.55L cr for Q2 FY24
Revenue for JPL increased by 10.6 per cent Y-o-Y, led by 7.5 per cent increase in subscriber base and higher ARPU.
Priya Nair elevated to Unilever’s leadership team
India born executive Priya Nair, currently Chief Marketing Officer, Beauty & Wellbeing, has been appointed President, Beauty & Wellbeing, replacing Fernando Fernandez.
Air India deploys newly inducted Boeing 777 aircraft to all three US destinations
The airline spokesperson said that for the first time, all North American cities served by Air India from Mumbai have been upgraded to aircraft with modern-generation seats and in-flight entertainment systems in all classes.
Indian Overseas Bank posts Rs 624.34 cr PAT for Q2
In a regulatory filing IOB said for the quarter ended September 30, it had booked a total income of Rs 6,935.21 crore (Q2FY23 Rs 5,852.45 crore) and a net profit of about Rs 624.58 crore (Rs 501.34 crore).
Goersch appointed as Air India COO, Sandhu will transition to an advisory role
According to the airline officials, Goersch will be based out of Air India's new headquarters in Gurugram.
Maruti Suzuki Q2 profit vrooms to Rs 3,716.5 cr
In a regulatory filing, the company said for the period ended September 30, its sales revenue stood at Rs 35,535.1 crore (Q2FY23 Rs 28,543.5 crore) and the net profit at Rs 3,716.5 crore (Rs 2,061.5 crore).
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