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govt. initiative is projected to increase exports, reaching over Rs. 1.1 lakh crore. This scheme will not only strengthen the domestic industry but also improve India’s position in the global footwear and leather markets.

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has submitted the formal application to the Reserve Bank of India for a Universal Banking License,

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Drugmaker reports 35% Y/Y jump in third-quarter adjusted profit, rev up 18% Y/Y ** GLAX's profit growth driven by strong demand for its respiratory drugs and antibiotic Augmentin, while demand for its vaccines also boosted earnings

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The chemicals segment's revenue rose 7%, driven by strong refrigeration gas demand

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has received approval from the Central Empowered Committee constituted by the Hon'ble Supreme Court of India to increase its annual iron ore production capacity to 4.36 million tonnes from 3.81 million tonnes, according to a Wednesday filing with the BSE.

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UPL numbers beat our estimates across the board. Revenue beat (+2.8%) due to strong volume and price growth, EBITDA beat due to lower-than-expected employee expenses, and Adj. PAT beat was due to reduced interest cost and one-time tax benefit. We increase our FY26E and FY27E estimates by 1.5% and 7.2% to INR 49.9 and INR 61.3, respectively showing our confidence...

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Nomura observes that several major concerns are likely to ease in the near term, particularly regarding asset quality, driven by the following factors: 1) The share of metro regions in credit card debt has been gradually increasing since FY23, while the leverage and limit levels of non-metro customers have been declining. 2) SBI Cards has seen a growing...

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as an average rating of outperform and price targets ranging from 970 Indian rupees to 1,315 rupees, according to analysts polled by Capital IQ

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recorded a rise in its consolidated attributable net profit to 2.71 billion Indian rupees in the fiscal third quarter ended Dec. 31, 2024 against 2.53 billion rupees a year ago. Earnings per share climbed to 9.15 rupees compared with a year-ago figure of 8.55 rupees, a

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Financial Performance Highlights: Q3 FY25: Total income increased by 35% YoY to INR 100 crores. EBITDA grew by 48% YoY, with an EBITDA margin of 22%. PAT increased by 68% YoY, with a PAT margin of 15%. Capacity Expansion: Increase in stainless steel hose and braiding capacity from 16.5 million meters to 20 million meters by March 2026. Addition of assembly...

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has secured a contract worth about 34 million Indian rupees, according to a Saturday filing to the stock exchanges. The contract is for the supply of micro irrigation systems across 680 hectares of land.

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SFDA is an esteemed regulatory agency which is now a PIC/s member state. This certification will open new markets for the Kwality Pharma such as Saudi Arabia, UAE, Jordan, Bahrain, Kuwait, Oman and Qatar and the 50+ PIC/S countries as well through mutual reorganization As Saudi Arabia is considered as reference state for registrations across GCC markets,...

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Company's arm signs MoU with China Railway to jointly develop Fako bauxite deposit in Guinea's Kindia region ** ASHM says deal will boost Ashapura Minechem's production capacity

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Energy solutions provider's EV unit Greaves Electric Mobility plans to raise 10 bln rupees ($117 mln) via IPO, according to draft papers filed by it

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India's Directorate General of Trade Remedies (DGTR) has initiated a safeguard investigation concerning imports of non-alloy and alloy steel flat products. This action typically arises when there is concern that increased imports of a particular product are causing or threatening to cause serious injury to domestic producers in that sector. In this context,...

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Indian Card Clothing Company Ltd. (ICC) was incorporated on June 24.1955 as a private limited company and was converted into a public limited company on March 27, 1975. The company was promoted by The English Card Clothing Co. Ltd. England and Carclo Engineering Group Ltd. and the entire share capital was held by them in the proportion of 77.5% and 22.5%...

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The Indian government has implemented an anti-dumping duty on textured tempered glass that is either produced in or exported from China and Vietnam. This means that additional taxes are being levied on these imports to protect Indian manufacturers from unfair pricing practices that could harm the local industry.

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GSFC also promoted Gujarat Green Revolution Company Limited (GGRC) to promote drip-irrigation and sprinkler irrigation systems amongst farmers so as to optimize the usage of water and implementation/monitoring the Government subsidy scheme in co-ordination with GSFC. GSFC has set up several companies such as Gujarat Narmada Valley Fertilizers Company, Gujarat...