Posts in category Business Standard
Foseco India Q4 PAT climbs 33% YoY to Rs 16 cr (24-02-2024)
Foseco India reported 33.14% jump in consolidated net profit to Rs 16.31 crore in Q4 FY23 as compared to Rs 12.25 crore in Q4 FY22.
Tata Power Delhi Distribution standalone net profit rises 1.49% in the December 2023 quarter (24-02-2024)
Sales rise 11.44% to Rs 2197.26 crore
Shakti Pumps bags order worth Rs 84 cr from HAREDA (24-02-2024)
Shakti Pumps (India) announced that it has received work order from Haryana Renewable Energy Department (HAREDA) for supply of 2,443 pumps under KUSUM‐3 scheme.
Rain Inds reports dismal Q4 performance (24-02-2024)
Rain Industries reported a net loss of Rs 1,118.75 crore in Q4 FY23 as against net profit of Rs 89.52 crore in Q4 FY22.
Brokers should be cautious against manipulations in stock mkt: Sebi member (24-02-2024)
Sebi Whole Time Member Kamlesh Chandra Varshney on Saturday cautioned against manipulations in the capital market and urged brokers to keep an eye and prevent such instances.
Clamping down on misdoings, the markets watchdog has been taking action against various entities for manipulations, including front running activities.
Emphasising the importance of investor trust, Varshney said that if there is no trust of investors, "everything will fail".
Manipulations are going on and Sebi cannot intervene in all of them. Some brokers are involved and the broker community should keep an eye as "bad elements can come in the system", he said.
He was speaking at the 13th international convention of the Association of National Exchanges Members of India (ANMI) in the national capital.
The Whole Time Member of the Securities and Exchange Board of India (Sebi) also said that entities should look at technological developments to improve efficiency as well as business.
Aditya Birla Capital invests Rs 50 cr in wholly owned subsidiary (24-02-2024)
Aditya Birla Capital announced that it has made an investment of Rs 50 crore in its wholly owned subsidiary, Aditya Birla Capital Digital (ADBCDL) on right basis.
Advait Infratech forays into IT/IoT business (24-02-2024)
Advait Infratech (AIL) said that it has entered into IT/IoT domain to undertake the development of software and the integration of solar pump devices/smart meters for real-time data monitoring and fault management.
Prashant India reports standalone net loss of Rs 0.02 crore in the December 2023 quarter (24-02-2024)
Sales decline 89.19% to Rs 0.04 crore
Kwality Builders & Developers reports standalone net loss of Rs 0.09 crore in the December 2023 quarter (24-02-2024)
Sales decline 98.65% to Rs 0.01 crore
Zen Tech to acquire majority stake in AiTuring Technologies (24-02-2024)
Zen Technologies announced that it will acquire 51% stake in AiTuring Technologies for total consideration of approximately Rs 3.87 crore.