Consumer
Career Point PAT halves, revenue also down 4% in Q1
Tutoring services firm Career Point Ltd reported a sharp decline in net profit even as it had improved operating margins ......
Consumer
Avendus Private Equity picks up stake in Helix-backed MT Educare
The private equity arm of Avendus Capital has picked up 1.21 per cent stake in K-12 tutoring and test preparation ......
Others
News Roundup: GVK Power in talks for stake sale in airport business
GVK Power & Infrastructure Ltd is in parleys to divest stake in its airport vertical and expects to close a ......
Consumer
Indian Hotels cuts losses, clocks 6.6% revenue growth in Q1
Indian Hotels Company Ltd (IHCL), the country’s largest hotel operator that runs several hospitality brands such as Taj Hotels and ......
Healthcare
Sun Pharma posts strong operating results in Q1, settles $550M US patent case
Sun Pharmaceuticals Ltd, the country’s largest drug-maker by market capitalisation, posted strong revenue and earnings growth for the first quarter ......
Consumer
Marico's net up 27% with margin expansion, volumes drive revenue growth of 9%
Consumer products and services company Marico Ltd reported strong profit growth in the first quarter, led by better operating margins ......
General
SEBI adds clause for alternative investment funds looking to switch categories
Market regulator Securities & Exchange Board of India (SEBI) has amended its norms for alternative investment funds (AIFs) looking to ......
Others
News Roundup: RCom to merge DTH arm with Sun Direct, to exit in proposed IPO of merged entity
Reliance Digital TV, the fully-owned subsidiary of Reliance Communications that runs its direct-to-home (DTH) operations, would merge with Sun Direct ......
Others
Key highlights from the new Companies Bill
The upper house of the Parliament passed the Companies Bill on Thursday after much delay. The bill replaces Companies Act, ......
General
Aavishkaar makes final close of second venture fund at $94M
Aavishkaar Venture Management, a venture capital firm focused on India’s rural areas and bottom-of-the-pyramid (BoP) space, has made the final ......