Zee Entertainment’s (Zee’s) Managing Director and Chief Executive Officer Punit Goenka has been reappointed to the position, effective January 1 next year, the broadcaster said on Tuesday, as lenders prepare to sell their pledged shares. READ MORE
Realty stocks: Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank are working to resolve the issues being faced by realty sector.
According to a report by MoneyControl, Baring Private Equity Partners India is planning to exit its eight-year investment in Kerala based gold loan company Manappuram Finance.
has urged its two top lenders - SBI and United Bank of India to help lift a moratorium on repayments so that the stressed mortgage lender could begin repaying its depositors, acccording to a report by The Economic Times
Suzuki Motor Corporation has changed its sales forecast for Indian subsidiary Maruti Suzuki to a whopping 20 per cent decline in FY20 from a tepid 4 per cent growth after a dismal first half sales performance in Asia's third-biggest car market, said a report by ETAuto.
Tata Group firm Titan Company Ltd on Tuesday posted a 3.5 per cent increase in its consolidated net profit at Rs 311.65 crore for the second quarter ended September 30. The company had reported a net profit of Rs 301.11 crore for the July-September period of 2018-19.
Tech Mahindra: IT firm Tech Mahindra on Tuesday posted 5.6% increase in consolidated net profit at Rs 1,124 crore for the September quarter, and said it will acquire US-based Born Group at an enterprise value of $95 million (approximately Rs 671 crore).
Gujarat Gas: The revenue increased 28 per cent YoY to Rs 2,512.9 crore and Net profit increased YoY to Rs 517.3 crore versus Rs 41.1 crore on account of tax write back of Rs 255.9 crore.
Divi's Laboratories: Drug firm Divi's Laboratories on Tuesday reported an 11.62 per cent dip in its consolidated net profit at Rs 356.78 crore for the second quarter ended September 30. The company had posted a net profit of Rs 403.72 crore in the July-September period of 2018-19.