Corporate News
EOGEPL achieves record sales volume of 2.18 BCF in Q1FY24, posts 12% rise in PAT to Rs 81 crore
The PAT (profit after tax) for the quarter increased by 12 per cent YoY backed by improvement in sales volume. However, quarterly revenue and EBIDTA was lower by ~14 per cent YoY due to softening of crude oil prices by 24 per cent, which was cushioned by increase in sales volume by 8.5 per cent.
WhiteHat Jr CEO Ananya Tripathi quits, in another high-level exit at BYJU's
According to Moneycontrol, citing sources, Tripathi, who has been on maternity leave since May, has decided to leave, but BYJU's hasn't accepted her resignation formally and is still attempting to persuade her to stay.
Uber appoints new Director of Business Development for India, South Asia
Kumar brings over 17 years of experience in the technology and financial services sectors to Uber. His professional experience includes founding Coinbase's India operations and leading Prosus' (formerly Naspers') India fintech investments and strategic initiatives.
Snap appoints Google veteran Pulkit Trivedi as India Managing Director
Trivedi joins Snap from Google where he has spent the past five years as the Director of Google Pay-India Business Team.
Wipro appoints Brijesh Singh as global AI head
Singh has over 30 years of experience in technology consultancy and was previously a Senior Partner at Deloitte, where he was responsible for driving AI and data-led transformation.
Vodafone Idea posts higher loss of Rs 7,840cr
In a regulatory filing, the company said for the period ended 30.6.2023 it had earned a total revenue of Rs 10,655.5 crore (Q1FY23 Rs 10,410.1 crore).
Infosys veteran Richard Lobo joins Byju's to help firm boost HR functions
Lobo joins Byju's after a 23-year career at Infosys, where he held various leadership roles, most recently serving as its EVP and Head of Human Resources.
ITC gross revenue (ex-Agri Business) up 10.6% YoY; PBT at Rs. 6,546 crores, up 18.2% YoY
Gross Revenue stood at Rs. 16,843 crores representing a de-growth of 7.3% YoY (ex-Agri Business: up 10.6%) while PBT at Rs. 6,546 crores grew by 18.2% YoY. PAT grew by 17.6% YoY to Rs. 4,903 crores. Earnings Per Share for the quarter stood at Rs. 3.9 (previous year Rs. 3.4).
Innovations, strategy drive realme's exceptional 51% Q2 growth in India
In the face of fierce competition, realme stands out for its steadfast strategy for introducing ground-breaking technologies to the market. Recognizing the need to differentiate itself, realme has managed to carve a niche for its products that resonates with consumers seeking both price-friendliness and advanced features.
Biocon registers Rs 3,516 crore revenues in Q1, up 59% YoY
"We have had a strong start to the year. At a consolidated level, revenues rose 59 per cent YoY to Rs 3,516 crore driven primarily by the 106 per cent jump in biosimilars revenue. Research services revenue rose 25 per cent, and Generics reported 15 per cent growth.
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