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Tata Consumer drops as margin shrink to 13.6% in Q4 FY25; Q4 PAT climbs 52% YoY

Mumbai, April 24 -- EBITDA margin was 14.2% in FY25, down 110 bps, primarily impacted by tea cost inflation in India. The company reported a 52.06% jump in consolidated net profit to Rs 407.07 crore... Read More


HUL gains as Q4 PAT rises 4% YoY to Rs 2,493 cr; declares final dividend of Rs 24/sh

Mumbai, April 24 -- Revenue from operations rose 2.08% to Rs 15,000 crore in Q4 FY25, compared with Rs 14,693 crore in Q4 FY24. Profit before exceptional items and tax (PBIT) increased 3.46% to Rs 3,... Read More


World Bank lowers India growth forecast amid global uncertainties

Mumbai, April 24 -- The World Bank lowered its economic growth forecast for India due to increased global economic uncertainty. The global economy is entering uncharted territory, presenting heightene... Read More


SAMHI Hotels jumps on strategic tie-up with GIC for premium hotel investment platform

Mumbai, April 24 -- The partnership will be incubated with five of SAMHI's hotels with more than 1,000 rooms (the "Seed Assets") valued at around Rs 2,200 crore with GIC acquiring a significant minori... Read More


Apeejay Surrendra Park rises after acquiring 90% stake in Zillion Hotels

Mumbai, April 24 -- The existing shareholders of Zillion Hotels are Handa Family and Nair Family. Zillion Hotels and Resorts is in the business of owning and operating the Z Luxury Residences, includ... Read More


Benchmarks pare some losses; realty shares decline

Mumbai, April 24 -- The key equity indices pared some losses but traded in negative terrain in morning trade. Market could be volatile as the monthly Nifty50 F&O contracts are set to expire today. The... Read More


Rallis India tumbles after Q4 net loss widens to Rs 32 cr

Mumbai, April 24 -- Revenue from operations declined 1.37% YoY to Rs 430 crore in the quarter ended 31 March 2025. Loss before exceptional items and tax stood at Rs 41 crore in Q4 FY25, compared to a... Read More


AXISCADES appoints Anurag Sharma as CEO of add-solution GmbH

Mumbai, April 24 -- AXISCADES Technologies announced the appointment of Anurag Sharma as CEO of add-solution GmbH, a Germany-based subsidiary of AXISCADES specializing in Wiring harness design & testi... Read More


Pudumjee Paper Products receives ratings action from CRISIL

Mumbai, April 24 -- Pudumjee Paper Products has received credit rating from CRISIL as under: Total bank facilities rated - Rs 280 crore Long term rating - CRISIL A/ Positive Short term rating - CRI... Read More


Aurionpro announces the launch of 'The AryaXAI AI Alignment Lab' in Paris and Mumbai

Mumbai, April 24 -- AryaXAI, the research and development group within Arya.ai-an Aurionpro Company-today announced the launch of 'The AryaXAI AI Alignment Lab' in Paris and Mumbai to accelerate resea... Read More