AV Birla Group flagship Grasim, a diversified holding company for various businesses, posted strong quarterly profit numbers with both operating and net profit exceeding analyst estimates but its revenue growth lagged expectations. The company clo

India’s primary market activity is showing no signs of slowing with four more companies filing draft documents to launch their initial public offerings even as benchmark indexes touched new highs on Friday. Restaurant operator Sapphire Foods I

Indian stocks touched new record highs Friday after data showed retail inflation eased and industrial output rose while the government promised more steps to accelerate economic growth. The consumer price index fell to a three-month low of 5.59 in J

Eicher Motors Ltd swung to a profit for the quarter ended June 30 from a loss a year earlier as it sold more motorcycles, but reported a steep drop in earnings compared with the preceding three months. The maker of Royal Enfield bikes said it post

Food delivery platform Zomato Ltd’s consolidated net loss widened during the three months through June, but its revenue jumped as more people ordered online due to stay-at-home curbs to tackle the Covid-19 pandemic. Net loss for the April-June qua

State-run Power Grid Corporation of India Ltd has posted a three-fold jump in consolidated net profit for the April-June quarter thanks to a one-time gain from the sale of units of an infrastructure investment trust (InvIT). The transmission utility

Nuvoco Vistas Corporation, India’s fifth-largest cement producer that was created after Nirma Group acquired Lafarge India’s assets in 2017, opened its public issue on Monday to raise Rs 3,562.5 crore. Nuvoco is competing for investor attention

Shree Cement, the third-largest cement producer in India, doubled its consolidated net profit for the quarter ended June 30, 2021 compared with the year-ago period while its net revenue climbed almost 50. Net profit rose to Rs 667.4 crore from Rs

Aptus Value Housing Finance India Ltd’s initial public offering (IPO) began on a slow note Tuesday in a crowded primary market and as brokers remain cautiously optimistic about the mortgage lender’s share sale. Analysts are upbeat, yet cautiou

Titan Company Ltd swung to a consolidated net profit for the first quarter through June 2021from a steep loss a year earlier when a nationwide lockdown to control the Covid-19 pandemic forced it to keep its stores closed. The Tata Group company po

RBL Bank has slipped into a loss for the first quarter through June 2021 from a profit a year earlier after it set aside almost thrice the amount than before to cover for possible bad loans. The private-sector bank posted a standalone net loss of

Bandhan Bank’snet profit for the first quarter through June 2021 dropped 32, dragged down by a 62jump in provisions to cover for potential non-performing assets. The private-sector bank posted a net profit of Rs 373.1 crore for the April-June