Posts in category All News
New kind of ”Jihad” in Karnataka through Waqf Board, alleges Union Minister Pralhad Joshi (08-11-2024)
Union Minister Pralhad Joshi has accused the Congress government in Karnataka of engaging in ‘appeasement politics’ by allowing the Waqf Board to claim ownership of lands belonging to farmers, temples, and others. Joshi alleges that this is a ‘new kind of Jihad’ and a ‘big conspiracy’ by the Congress party.
Q2 profit up 226% YoY but traditionally H2 is much stronger; IHCL should do better than last year: Puneet Chhatwal (08-11-2024)
Tata-backed Indian Hotels Company (IHCL) reported a profit surge of 226% year-on-year, reaching Rs 583 crore in the second quarter. MD & CEO, Puneet Chhatwal, attributes the success to India’s economic growth and the company’s strategic expansion. Despite slowdowns in other sectors, IHCL benefited from a strong domestic travel demand and a resurgence in international tourism.
Ashok Leyland Q2 Results: Profit jumps 37% YoY to Rs 770 crore; Rs 2 per share dividend declared (08-11-2024)
Ashok Leyland reported a 37.2% YoY rise in Q2 net profit to Rs 770 crore, surpassing estimates. However, revenue fell 9% YoY to Rs 8,768.8 crore. The company declared an interim dividend and maintained strong market shares in MHCV and buses.
Vedanta Q2 results: Mining co swings into black, posts Rs 4,352 cr profit (08-11-2024)
The company’s revenue from operations, or topline, dropped 3.4 per cent annually to Rs 37,634 crore, from Rs 38,945 crore in the same quarter last year (Q2FY24)
MRF Q2 results: 20% profit drop to ₹455 crore amid rising costs (08-11-2024)
The board has declared an interim dividend of ₹3 per share for FY25
Gujarat Containers standalone net profit declines 24.51% in the September 2024 quarter (08-11-2024)
Sales rise 7.37% to Rs 38.33 crore
Sutlej Textiles and Industries reports consolidated net loss of Rs 18.75 crore in the September 2024 quarter (08-11-2024)
Sales decline 6.72% to Rs 685.55 crore