Som Distilleries had recorded profit after tax of ₹48.51 crore in the same period last year
Sundrop maker Agro Tech Foods acquires Del Monte India unit (14-11-2024)
The acquisition includes Del Monte’s manufacturing facilities in Hosur, Tamil Nadu, and Ludhiana, Punjab
INOX Green to demerge power evacuation business into Resco Global (14-11-2024)
INOX Green shareholders will receive 122 equity shares of Resco (face value ₹10) for every 1,000 IGESL shares held
Sensex, Nifty trade lower as FMCG stocks drag; auto shines (14-11-2024)
Market remains susceptible to intraday volatility as the Nifty trades near its crucial technical level of 23,500
Wholesale price inflation rises to 4-month high (14-11-2024)
Wholesale price inflation rose to a 4-month high of 2.36 per cent in October as prices of food items, especially vegetables, and manufactured goods turned dearer, as per the government data released on Thursday. The wholesale price index (WPI) based inflation was 1.84 per cent in September 2024. It was (-) 0.26 per cent in October, last year.
SpiceJet settles $90.8 mn dispute; now owns 13 planes (14-11-2024)
SpiceJet on Thursday said it has settled a $90.8 million dispute with Export Development Canada for a total consideration of $22.5 million, leading to the airline taking ownership of 13 Q400 planes. This resolution will result in savings of $68.3 million (Rs 574 crore), it said.
Eicher Motors shares rise over 8% post earnings announcement (14-11-2024)
Eicher Motors’ consolidated profit after tax increased 8 per cent year-on-year to ₹1,100 crore in the September 2024 quarter on the back of robust sales across business segments
Onyx Biotec soars, Zinka Logistics struggles in day 2 IPO subscriptions (14-11-2024)
Onyx Biotec’s SME IPO recorded a 5.19 times overall subscription by 11:42 AM, whereas Zinka Logistics’ IPO managed only 0.28 times overall subscription by 11:33 AM
Swiggy: From a forgotten idea to Rs 1 trn mcap (14-11-2024)
Framing the next chapter in Swiggy’s journey as a responsible corporate citizen, co-founder and chief executive officer (CEO) Sriharsha Majety unveiled the company’s eagerly awaited public listing. Majety, who has largely shunned the spotlight, shared reflections on his entrepreneurial path and the strategic pivots he and his co-founders navigated in building Swiggy. “We started with code aggregation, then pivoted to logistics, and that became Swiggy.