Vedanta to raise Rs 2,500 crore through debt securities
The fundraise will take place through the issue of non-convertible debentures on a private placement basis. The billionaire Anil Agarwal-led company did not mention what the proceeds will be used for. Key Points
Economic TimesAjay Singh's consortium raises offer for Go First by ₹100-150 crore, says report
The consortium, which includes budget carrier SpiceJet's managing director Ajay Singh and Busy Bee Airways, increased the bid amount between 1 billion rupees ($12.06 million) and 1.5 billion rupees, one of the sources said. Key Points
mintBombay Dyeing Q3 Results: Net profit rises to ₹305.4 crore on land sale gains, lower costs
Total expenses fell by 39.4% to 4.60 billion rupees, largely due to a nearly 99% fall in inventories of finished goods, while its input costs also dropped 4.3%. Key Points
mintIndia's April-December fiscal deficit at ₹9.82 lakh crore, 55% of FY24 target
Total expenditure during the period was 30.54 trillion rupees, or about 68% of the annual goal, compared with 28.18 trillion rupees in the same period last year Key Points
mintYes Bank Q3 profit surges but falls short of estimates
India Business News: Yes Bank's Q3 net profit more than quadruples as loan-loss provisions drop; net profit rises to 2.31 billion rupees from 515.20 million rupees last ye Key Points
Times Of India
ACC beats Q3 profit estimates on price hikes, strong demand
India Business News: ACC reported a higher-than-expected Q3 profit of 5.27 billion rupees ($63.4 million), driven by price hikes and strong demand for cement. The company' Key Points
Times Of IndiaIndian stock broker Angel One posts 14% rise in Q3 profit as orders jump
BENGALURU (Reuters) - Indian stock brokerage firm Angel One on Monday reported a 14% rise in third-quarter profit, aided by a jump in orders and client additions. Consolidated profit was 2.60 billion Key Points
ThePrintIndian banks' loans rose 20.2% y/y in two weeks to Dec 15 - central bank
Dec 29 (Reuters) - Indian banks' loans rose 20.2% in the two weeks to Dec. 15 from a year earlier, while deposits rose 14%, the Reserve Bank of India's weekly statistical supplement showed on Friday. Key Points
ThePrintIndia's Adani Green to raise $1.12 billion to expand renewable capacity
BENGALURU (Reuters) - India's Adani Green Energy on Tuesday said its key shareholders will invest 93.50 billion rupees ($1.12 billion) in the company to expand its renewable power capacity. The Key Points
ThePrintIndia's SpiceJet to raise $270 mln, reports smaller Q2 loss
India's low-cost carrier SpiceJet said on Tuesday it would raise 22.50 billion rupees ($269.9 million) through the issue of preferential shares and warrants as the troubled airline seeks to return operations to full capacity. Key Points
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India's Adani Ports to raise $600 mln via non-convertible debentures
India's largest private port operator Adani Ports and Special Economic Zone (APSE.NS) said on Tuesday it will raise 50 billion rupees ($599.8 million) by issuing non-convertible debentures and 2.5 billion rupees through non-cumulative redeemable preference shares. Key Points
ReutersIndia's Hindustan Zinc sets second dividend for FY24, Vedanta key benefactor
BENGALURU (Reuters) - India's Hindustan Zinc on Wednesday declared a dividend for the second time this fiscal, amounting to 25.35 billion rupees ($304.28 million), of which the major benefactor will Key Points
ThePrintHindustan Zinc sets second dividend for FY24, Vedanta key benefactor
Hindustan Zinc declares a dividend of 25.35 billion rupees ($304.28 million), benefiting Vedanta, which holds a 64.9% stake. The dividend of six rupee Key Points
Times Of IndiaIndian govt seeks parliament nod for extra spending for FY24
The Indian government on Wednesday sought parliament's approval for additional spending of 1.29 trillion rupees ($15.48 billion) in the current fiscal year, mainly towards higher subsidies for farmers and a rural job employment programme. Key Points
ReutersIndian state-run IREDA soars 74% in debut trade to $1.8 bln valuation
Shares of Indian Renewable Energy Development Agency (IREDA) (INAR.NS) surged as much as 74% in their trading debut on Wednesday, valuing the state-owned firm at 149.71 billion rupees ($1.80 billion). Key Points
ReutersBerkshire Hathaway exits India's Paytm in $165 million deal
BENGALURU (Reuters) - Berkshire Hathaway has exited India's Paytm after selling its entire stake in the company for about 13.71 billion rupees ($164.70 million) through a bulk deal on Friday. Key Points
ThePrintIndian shares set to open higher on improved global rate outlook
Indian shares are set to open higher on Friday and are bound for a fourth straight weekly gain on expectations that interest rates have peaked in the U.S. and Europe, while foreign buying re-emerged in domestic equities. Key Points
ReutersIndia's LIC Q2 profit halves as cash transfer to shareholders' fund drops
Life Insurance Corporation of India (LIFI.NS) reported second-quarter profit that halved on Friday, hurt by a fall in premium income and as it transferred a lower amount of money to its shareholders' fund. Key Points
ReutersIndia's Ashok Leyland posts Q2 profit miss on higher costs
India's Ashok Leyland Ltd (ASOK.NS) reported a smaller-than-expected second-quarter profit on Thursday as rising costs offset strong demand for its trucks and buses. Key Points
ReutersIndia's Smirnoff vodka maker United Spirits Q2 profit rises on strong premium demand
India's United Spirits (UNSP.NS), which makes Smirnoff vodka, reported a 14.2% rise in second-quarter profit on Wednesday boosted by strong demand for its premium brands of alcohol. Key Points
Reuters
India's Dilip Buildcon Q2 profit soars on steady infrastructure demand
India's Dilip Buildcon (DIBL.NS) reported a fourfold surge in second-quarter profit on Tuesday as the developer benefited from steady infrastructure demand in its urban and water supply business. Key Points
ReutersIndia's Apollo Tyres beats Q2 profit view on higher auto sales
Indian tyre maker Apollo Tyres Ltd. (APLO.NS) reported a better-than-expected second-quarter profit on Tuesday, boosted by higher auto sales and lower input costs. Key Points
ReutersIndia's Greaves Cotton posts Q2 loss on one-off charge
India's Greaves Cotton (GRVL.NS) on Tuesday reported a second-quarter loss, hurt by a one-time charge relating to a government incentive for electric scooter sales and higher expenses. Key Points
ReutersIndian battery maker Eveready posts rise in Q2 profit on lower costs
Battery maker Eveready Industries India (ERDY.NS) on Tuesday reported a more than 72% rise in second-quarter profit, helped by diminishing costs. Key Points
ReutersHoneywell Automation India's profit growth slows on higher expenses
BENGALURU (Reuters) - Engineering firm Honeywell Automation India on Monday reported a marginal 3.4% rise in second-quarter profit, as a rise in expenses outpaced revenue growth. Profit at the Indian Key Points
ThePrint
India's Tribhovandas Bhimji Zaveri posts higher Q2 profit as diamond outshines
Indian jeweller Tribhovandas Bhimji Zaveri (TBZL.NS) reported a near 65% rise in second-quarter profit on Monday, buoyed by lower expenses and strong diamond demand. Key Points
ReutersIndia's Zydus Wellness profit drops on one-off deferred tax expense
Indian consumer good company Zydus Wellness (ZYDS.NS) reported a more than 30% drop in second-quarter net profit on Monday due to a one-off deferred tax expense. Key Points
ReutersIndia's Barbeque-Nation posts second consecutive quarterly loss
India's Barbeque-Nation Hospitality (BARQ.NS) on Monday reported a loss for a second straight quarter, hurt by slowing demand and rising expenses. Key Points
ReutersIndia's Cello World surges 29% on listing at $2.1 bln valuation
Shares of Indian kitchenware products maker Cello World (CELO.NS) rose as much as 29.2% in their trading debut on Monday, valuing the company at 177.72 billion rupees ($2.14 billion). Key Points
ReutersIndian airline IndiGo's operator posts Q2 profit
Airline IndiGo's operator Interglobe Aviation (INGL.NS) reported a second-quarter profit on Friday following steady demand for air travel, which offset a rise in expenses. Key Points
Reuters
India's Prism Johnson posts Q2 profit on one-time gain
Indian building materials maker Prism Johnson (PRIS.NS) reported a second-quarter profit on Friday, compared to a loss a year ago, helped by a one-time gain from the sale of some assets. Key Points
ReutersIndian tyremaker MRF posts quarterly profit in line with estimates
India's MRF (MRF.NS) reported quarterly profit broadly in line with expectations on Friday, as the tyremaker benefited from softer raw material prices and steady demand for commercial vehicles. Key Points
ReutersIndia's Orient Electric posts Q2 profit on one-time gain, steady demand
Appliances maker Orient Electric (ONTE.NS) on Friday reported a second-quarter profit, aided primarily by a one time gain from land sale and buoyed by steady demand for its consumer durables business. Key Points
ReutersIndian skincare firm Mamaearth's IPO oversubscribed 7.6 times
Indian skincare startup Mamaearth's initial public offering (IPO) was oversubscribed by 7.6 times, fetching bids worth 71.3 billion rupees ($856.75 million), exchange data showed on Thursday. Key Points
ReutersIndia's Godrej Properties posts Q2 profit rise on robust housing demand
Indian real estate developer Godrej Properties (GODR.NS) on Thursday reported a 21.5% rise in second-quarter profit, helped by a rise in demand for housing projects. Key Points
Reuters
Indian cookware maker Cello World's IPO garners strong response
Indian kitchenware products maker Cello World's initial public offering (IPO) was oversubscribed by nearly 40 times, higher than similar IPOs recently, inviting bids worth 556.19 billion rupees ($6.7 billion), exchange data showed on Wednesday. Key Points
ReutersIndia's Relaxo Footwears Q2 profit nearly doubles on solid demand
India's Relaxo Footwears (RLXO.NS) reported a 97.3% surge in second-quarter profit on Wednesday, helped by strong demand for its shoes and slippers even as its expenses climbed. Key Points
ReutersManforce condoms maker Mankind Pharma posts Q2 profit rise on higher sales
India's Mankind Pharma (MNKI.NS) posted an over 19% rise in second-quarter profit on Tuesday, propelled by strong domestic sales and steady growth in the company's chronic drugs segment. Key Points
ReutersIndia's Larsen & Toubro tops Q2 profit estimates on growth in infra projects
India's Larsen & Toubro (L&T)
India's Bharti Airtel Q2 profit drops on one-time charge
Indian telecom operator Bharti Airtel (BRTI.NS) on Tuesday reported a drop in second-quarter profit, hurt by a one-time exceptional loss. Key Points
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Maruti Suzuki India's Q2 profit jumps 80% on SUV demand
Maruti Suzuki India (MRTI.NS), the country's top carmaker by sales, on Friday reported a higher quarterly profit that smashed estimates, as strong demand for its sport utility vehicles (SUVs) and cooling input costs boosted margins. Key Points
ReutersIndia's Vodafone Idea posts wider-than-expected Q2 loss as user base shrinks
Indian telecom operator Vodafone Idea (VODA.NS) reported a wider-than-expected loss on Thursday, due to subscriber loss and increased expenses. Key Points
ReutersColgate-Palmolive's Indian unit's Q2 profit rises on higher demand
Colgate-Palmolive (India) (COLG.NS) reported a 22% rise in the second-quarter profit on Thursday, aided by rising urban demand for high-priced toothpastes and signs of growth in rural consumption. Key Points
ReutersMcDonald's India franchisee Westlife posts surprise profit drop on higher costs
Westlife Foodworld (WEST.NS), which operates McDonald's restaurants in west and south India, reported a surprise drop in quarterly earnings on Thursday as increased costs overshadowed higher sales of its burgers and fried chicken. Key Points
ReutersIndia's IRM Energy slides 11% in debut trade at over $200 mln valuation
Shares of IRM Energy (IRME.NS) fell as much as 10.9% in trading debut on Thursday, valuing the Indian natural gas distributor at 18.48 billion rupees ($222.03 million) in a weak market. Key Points
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Domino's India franchisee beats Q2 profit estimates as cheaper pizzas help demand
Jubilant FoodWorks (JUBI.NS), which operates Domino's restaurants in India, reported a smaller-than-expected 26% fall in quarterly earnings on Wednesday, helped by its move to cut costs and launch cheaper pizzas to attract consumers. Key Points
ReutersIndia's Welspun Living posts Q2 profit surge on higher demand for home linens
India's Welspun Living (WLSP.NS) reported a multi-fold rise in its second-quarter profit on Wednesday, boosted by strong demand for its bed and bath linens. Key Points
ReutersIndia's PNB Housing Finance posts 46% surge in Q2 profit on strong loan demand
India's PNB Housing Finance (PNBH.NS) reported a 45.8% rise in the second-quarter profit on Monday, aided by healthy demand for home loans and improved asset quality. Key Points
ReutersIndia's Mahindra Holidays' Q2 profit nearly halves
Mahindra Holidays and Resorts India (MAHH.NS) posted a 47.8% drop in second-quarter profit on Monday, dragged down by its European business and higher expenses. Key Points
ReutersIndia's Mahindra Logistics posts third straight quarterly loss as expenses rise
Indian freight carrier Mahindra Logistics (MALO.NS) on Monday reported a loss for a third straight quarter, hurt by mounting expenses and muted demand. Key Points
Reuters
India's Yes Bank posts 47% rise in Q2 quarterly profit
India's Yes Bank (YESB.NS) reported a 47% increase in quarterly net profit on Saturday, helped by a drop in loan-loss provisions and healthy loan growth. Key Points
ReutersIndia's Kotak Mahindra Bank net profit jumps 24% in Q2, meets estimates
India's Kotak Mahindra Bank (KTKM.NS) reported a 24% increase in second-quarter net profit on Saturday, buoyed by healthy core lending income and robust loan growth. Key Points
ReutersIndia's Paytm gets Q2 results boost from strong loan growth
Indian digital payments firm Paytm (PAYT.NS) posted an operating profit for the fourth straight quarter on Friday, helped by steady loan growth at its financial services unit. Key Points
ReutersIndia's Kajaria Ceramics misses Q2 profit view hit by weak tile demand
India's Kajaria Ceramics (KAJR.NS) reported a weaker-than-expected second-quarter profit on Friday, hurt by sluggish domestic demand for tiles. Key Points
ReutersIndia's Voltas reports second-quarter profit below estimates on higher costs
India's Voltas (VOLT.NS) reported a second-quarter profit on Thursday that missed analysts' estimates as the maker of air conditioners and other cooling products grappled with higher raw material costs. Key Points
Reuters
SoftBank fund to sell 1.1% stake in Zomato for ₹1,023.6 crore: Report
SoftBank's SVF Growth to sell 1.1% stake in Zomato for $123.24 million Key Points
mintHavells India's Q2 profit rises 33% on strong air-conditioner, cable sales
Home appliances maker Havells India (HVEL.NS) reported a 33% rise in second-quarter profit on Thursday, as cables remained in demand due to sustained infrastructure spending and as dry weather boosted air-conditioner sales. Key Points
ReutersIndia's Jio Financial Q2 profit doubles from previous quarter
India's Jio Financial Services (JFS) (JIOF.NS) on Monday said its second-quarter profit doubled from the previous quarter, in its first earnings report after being carved out from billionaire Mukesh Ambani's Reliance Industries (RELI.NS) and listed on stock exchanges. Key Points
ReutersJio Financial Services says its Q2 profit doubled from previous quarter
Jio Financial Services has tied up with U.S. asset manager BlackRock to launch asset management services in India. Key Points
Hindustan TimesIndia's JSW Infrastructure jumps 31% in trading debut
Shares of JSW Infrastructure (JSWN.NS), India's No.2 commercial port operator, climbed as much as 31.4% in their first day of trading on Tuesday, valuing the company at 330.33 billion rupees ($3.97 billion). Key Points
ReutersIndia keeps borrowing plan unchanged for second half; introduces 50-yr bond
By Nikunj Ohri and Sarita Chaganti Singh NEW DELHI (Reuters) -India's government said on Tuesday that it had maintained its plans to borrow 6.55 trillion rupees ($78.72 billion) through bond issues in Key Points
ThePrintIndia's Aeroflex Industries soars over 81% in debut trade
Shares of Indian metallic tubes and hose maker Aeroflex Industries (AERO.NS) surged as much as 81.8% in trading debut on Thursday, valuing the company at 25.39 billion Indian rupees ($307.14 million). Key Points
ReutersIndian stationery maker Doms files draft papers for $145 mln IPO
Indian stationery maker Doms Industries has filed for an initial public offering worth 12 billion rupees ($144.53 million), draft papers filed with the market regulator showed on Tuesday. Key Points
ReutersJio Financial Services listing: Check share price, company valuation
Jio Financial Services share price: JFS stock opened at 262 rupees and fell to a low of 248.90 rupees. Key Points
Hindustan TimesConcord Biotech up 24% in debut, nets over $1 billion in valuation
India Business News: India's Concord Biotech saw a 24.6% surge in its share prices to Rs 923 on Friday. With the biopharma company's IPO initially priced at Rs 741 rupees, Key Points
Times Of India
India's Concord Biotech up 24% in debut, nets over $1 bln in valuation
Shares of India's Concord Biotech (CONB.NS) climbed as much as 24.6% to 923 rupees in their market debut on Friday, valuing the biopharma company at 96.25 billion rupees ($1.16 billion). Key Points
ReutersIndia's Vodafone Idea reports wider Q1 loss on weak 4G subscriber growth
India's Vodafone Idea (VODA.NS) reported a wider first-quarter loss on Monday, dragged by weak 4G subscriber growth and higher expenses. Key Points
ReutersIndia's Aster DM posts 93% fall in Q1 profit on new hospital losses, taxes
India's Aster DM Healthcare (ATRD.NS) reported a nearly 93% fall in its first-quarter profit on Monday, its fourth straight quarterly profit fall, dragged by losses from its new hospitals and a one-time tax expense. Key Points
ReutersIndia's Glenmark Pharma Q1 profit drops on higher expenses
India's Glenmark Pharmaceuticals Ltd (GLEN.NS)reported a 22% decline in quarterly profit on Friday, hit by higher expenses and a one-time cost. Key Points
ReutersApollo Hospitals misses Q1 profit view on digital healthcare costs
Apollo Hospitals Enterprise (APLH.NS) reported a bigger-than-expected 47.5% fall in first-quarter profit on Friday, dragged by operating costs related to its digital healthcare platform. Key Points
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India's LIC Q1 profit jumps on transfer of money to shareholder fund
Life Insurance Corporation of India (LIFI.NS) posted a fourteen-fold surge in first-quarter profit on Thursday, as the insurer moved 74.92 billion rupees to its shareholders' fund. Key Points
ReutersIndia's Grasim posts 56% Q1 profit drop on chemicals, textile slump
India's Grasim Industries Ltd (GRAS.NS) reported a 56% drop in quarterly profit on Thursday - its fourth straight quarterly fall - as the Aditya Birla Group-owned company was hit by weak chemicals prices and a slump in its textiles business. Key Points
Reuters'Post-it' maker 3M India's Q1 profit rises on robust demand
3M India (TMIN.NS) reported an over 53% rise in first-quarter profit, aided by strong demand in its transportation and electronics and safety and industrial businesses. Key Points
ReutersIndia's MedPlus Health reports 18% rise in Q1 profit on retail demand
India's MedPlus Health Services (MEDP.NS) reported a 18.3% rise in first-quarter profit on Monday as increased presence of the pharmacy helped drive its retail sales. Key Points
ReutersIndia's Godrej Consumer Products misses Q1 profit view as costs bite
India's Godrej Consumer Products (GOCP.NS) reported a lower-than-expected quarterly profit on Monday, hurt by mounting costs. Key Points
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India's Welspun Corp Q1 profit rises on higher demand for line pipes
Indian pipe manufacturer Welspun Corporation (WGSR.NS) reported a jump in first-quarter profit on Friday, aided by a strong demand for its line and stainless steel pipes. Key Points
ReutersIndia's BHEL reports bigger-than-expected Q1 loss on rise in expenses
India's state-owned Bharat Heavy Electricals Ltd (BHEL) (BHEL.NS) reported a bigger-than-expected loss for the first quarter on Friday, hurt by higher expenses. Key Points
ReutersSun Pharma Q1 profit falls as higher costs hit top Indian drugmaker
Sun Pharmaceutical Industries (SUN.NS) posted a nearly 2% fall in first-quarter profit on Thursday as higher expenses offset demand for its drugs and related products. Key Points
ReutersPepsi India bottler Varun Beverages posts profit growth on steady volumes
Pepsi India bottler Varun Beverages (VARB.NS) on Thursday reported a 26.2% jump in its second-quarter profit, underpinned by improved product mix, a slide in input costs and higher volume growth. Key Points
ReutersIndia's MRF reports five-fold jump in Q1 profit on cooling rubber prices, higher demand
Indian tyremaker MRF (MRF.NS) reported a more-than-five-fold surge in first-quarter earnings on Thursday, beating estimates, as raw material prices eased and demand for higher-priced vehicles from consumers in urban areas held steady. Key Points
Reuters
India's HPCL posts biggest quarterly profit in a decade
India's Hindustan Petroleum Corp Ltd (HPCL) (HPCL.NS) on Wednesday posted its biggest quarterly profit in more than a decade, aided by higher marketing margins and a fall in crude prices. Key Points
ReutersIndia's Thermax misses Q1 profit view on weak sales growth, exceptional cost
India's Thermax (THMX.NS) on Tuesday posted a smaller-than-expected 1.7% rise in first-quarter profit, dragged by slow sales growth and an exceptional cost due to ongoing litigation. Key Points
ReutersPakistan's major fuel price hike to meet IMF terms: ‘For national interest…’
Petrol prices would be raised by 19.95 Pakistani rupees to 272.95 Pakistani rupees per litre. | World News Key Points
Hindustan TimesCastrol India's Q2 profit rises on higher demand for auto care products
Engine oil maker Castrol India (CAST.NS) reported a 9% rise in second-quarter profit on Monday, helped by rising sales of auto care products. Key Points
ReutersIndia's SBI Card misses Q1 profit view on high credit costs, margin pressure
India's second-largest credit card issuer SBI Cards and Payment Services (SBIC.NS) on Friday reported a slide in first-quarter profit as elevated credit costs and margin compression offset growth in revenue. Key Points
Reuters
India's Exide Industries misses Q1 profit view on higher costs
Indian lead-acid battery maker Exide Industries (EXID.NS) reported a smaller-than-expected rise in first-quarterly profit on Friday, hurt by high raw material costs and rising expenses. Key Points
ReutersMcDonald's India franchisee Westlife's profit misses as costs mount
Westlife Foodworld (WEST.NS) reported a smaller-than-expected rise in first-quarter profit on Thursday as higher expenses took the shine off increased sales at the operator of McDonald's (MCD.N) restaurants in West and South India. Key Points
ReutersIndia's REC posts 21% rise in Q1 profit aided by interest income on loan assets
India's state-owned infrastructure finance company REC Ltd (RECM.NS) on Wednesday reported a 20.9% rise in first-quarter profit, helped by an increase in interest income on loan assets. Key Points
ReutersIndia's SBI Life reports 45% rise in Q1 profit on higher premiums
India's SBI Life Insurance Co (SBIL.NS) reported a 45% surge in its first-quarter profit on Tuesday, aided by higher income from premiums. Key Points
ReutersIndia's Mahindra Holidays posts 99% slump in Q1 profit as Europe losses weigh
Mahindra Holidays and Resorts India (MAHH.NS) reported a 99% slump in first-quarter profit on Tuesday, hit by higher expenses and widening losses in Europe. Key Points
Reuters
India's Mahindra Logistics swings to loss on higher costs, weak demand
India's Mahindra Logistics (MALO.NS) swung to a loss in the first quarter on Monday, hurt by higher expenses and lukewarm demand. Key Points
ReutersIndia's Glenmark Life Sciences posts 25% rise in Q1 profit on API strength
India's Glenmark Life Sciences (GLEM.NS) reported a near-25% rise in its first-quarter profit on Friday, led by robust growth of its mainstay active pharmaceutical ingredients (API) business in domestic as well as U.S. and European markets. Key Points
ReutersIndia's Ashok Leyland beats Q1 estimates on higher demand
Indian commercial vehicles maker Ashok Leyland (ASOK.NS) beat first-quarter profit estimates on Friday as higher demand for its buses and trucks offset a rise in expenses, sending its shares up over 3%. Key Points
ReutersUnilever's India arm misses Q1 profit view on higher expenses
India's Hindustan Unilever (HLL.NS) reported a smaller-than-expected increase in quarterly profit on Thursday as the consumer goods major grappled with higher costs and tepid demand for branded tea. Key Points
ReutersIndia's Tata Communications posts 30% slump in profit as expenses weigh
Indian network services provider Tata Communications (TATA.NS) reported a 30% slump in first-quarter profit on Wednesday, hit by higher interest costs and lower foreign exchange gains. Key Points
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India's ICICI Prudential posts jump in Q1 profit on investment gains
India's ICICI Prudential Life Insurance (ICIR.NS) reported a 33% jump in first-quarter profit on Tuesday, as gains in securities it invested in helped offset muted premium income growth. Key Points
Reuters