The record date for determining the shareholders eligible for the rights issue is August 2. The issue will close on August 16 Read More

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Operating margin shrunk to 15.40 percent from 20.66 percent a year ago, weighed by a surge in other expenses and higher depreciation Read More

In the June quarter, the defence PSU’s order book stood at Rs 65,400 crore, up 18 percent YoY, Morgan Stanley said. Read More

Indian Hotels Q1 Results: Net profit rises 31% to Rs 222 crore, revenue up 17% Shares of Indian Hotels jumped nearly 2 percent in Read More

Nuvama Institutional Equities has upgraded its rating on Shriram Finance from ‘hold’ to ‘buy’ and raised the target price to Read More

The company recently signed a new property in Zirakpur, Punjab. The property is expected to be operational by Q2 of Read More

The company has incurred capital expenditure for the quarter ended June 30 in line with its planned capital expenditure of Rs 300 Read More

The acquisition is in line with the strategy of Welspun Enterprises to grow the water infrastructure business segment. This will Read More

On July 14, the company’s subsidiary, Lupin Inc., based in Somerset, New Jersey, received USFDA approval for Chlorpromazine Hydrochloride Tablets Read More

JS Auto Cast Foundry India plans to pick a 26 percent stake in Ratnakar Energy Private Limited, which is engaged in Read More

Laurus Labs registered an EBITDA margin of 14.1 percent in April-June, the lowest-ever on a quarterly basis. Laurus Labs reported an 88.8 Read More

Ajanta Pharma’s growth in Q1 was driven by double digit increase in sales from the India and US generics Read More