Tata Consumer Products: The FMCG company recorded a consolidated net profit of Rs 268 crore for the quarter ended March FY24, declining sharply by 23 percent compared to the same period last fiscal despite healthy operating numbers, and topline, impacted by an exceptional loss of Rs 216 crore. Revenue from operations grew by 9 percent year over year to Rs 3,927 crore for the quarter. EBITDA increa...

Shares of Greenhitech Ventures made a bumper market debut on April 22, listing at Rs 95 on the BSE SME platform, a premium of 90 percent over the issue price of Rs 50.The listing gains top the grey market estimates where shares were trading at a premium of 84 percent.The Rs 6.3-crore public offer was a fresh issue of 12.6 lakh shares. The company proposes to use the proceeds for fulfilling working...

Wipro: The technology services and consulting company said Anne-Marie (Annie) Rowland has been appointed as the Chief Executive Officer of Capco, with effect from April 1, 2024. Annie is currently the managing partner of Capco’s business in the United Kingdom and Ireland and a member of Capco’s Global Leadership Team. As CEO of Capco, Rowland will become a member of Wipro’s Executive Committ...

If Narendra Modi returns to power for the straight third term as prime minister after the general elections, Modinomics 3.0 will be all about global leadership, according to Jayant Sinha, chairperson of the Parliamentary Standing Committee on Finance.Speaking at Moneycontrol's Policy Next summit, 'India's $10 trillion run', on January 18 from his Lok Sabha constituency of Hazaribagh, Sinha said th...

Amidst growing scale of the mutual fund industry, capital markets regulator Sebi has proposed to increase the role and accountability of the trustees in a bid to safeguard unitholders’ interest.In addition, the regulator has suggested to enhance the accountability of board of asset management company (AMC).Also, Sebi has proposed a common platform for dissemination of public announcements by m...