Tag: Business Updates
Eveready Industries Reports 30% Q4 Growth, Anirban Banerjee Named CEO
Eveready Industries, a major player in the dry cell battery industry, announced a whopping 30% year-on-year growth in its consolidated net profit, hitting ₹10.42 crore for the fourth quarter of the last fiscal year....
Coffee Day shares rise 5% post debt settlement agreement
Coffee Day Enterprises Limited (CDEL) has recently made headlines with a significant development that has sent its shares soaring. The company announced a debt settlement agreement with debenture holders, resulting in a positive response...
Gensol Promoters Sell Stake After Stock Plunge: Equity Infusion Plan
Gensol Engineering Promoters Take Action After Stock PlungeIn a surprising turn of events, the promoters of Gensol Engineering have decided to sell 2.37% of their stake in the company, totaling 9 lakh shares. This...
Gensol Engineering: Rating Downgrades and Promoters Stake Sale
Gensol Engineering: A Troubling Turn of EventsIn recent news, Gensol Engineering Ltd (GEL) has been facing a series of setbacks that have sent ripples through the market. Shares of GEL plunged nearly 28 percent...
Religare Enterprises Welcomes Four New Board Members
Religare Enterprises Ltd recently announced the addition of four new board members, Abhay Kumar Agarwal, Arjun Lamba, Gurumurthy Ramanathan, and Suresh Mahalingam, who will be serving as Non-Executive and Non-Independent directors pending approval from...
ICICI Lombard Reports 68% Increase in Q3 Net Profit to Rs 724 Crore
ICICI Lombard, a leading general insurer, has just released its financial report for the third quarter of 2024, and the numbers are nothing short of impressive. The company has seen a significant 68% increase...