Quality Investment Holdings PCC is likely to exit the company by selling its entire 10.44% stake via block deals. The floor price may be set at Rs 960 per share, reports CNBC-TV18, quoting sources.
The company's subsidiary, JSW Neo Energy, has signed a Pumped Hydro Storage Power Procurement Agreement with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage.
The digital services and consulting company has completed the acquisition of MRE Consulting, a technology and business consulting service provider.
The company has received letters of acceptance from Western Railway for the provision of Kavach across 48 stations, covering 428 km. The total value of the contract is Rs 145.83 crore.
The company has received a renovation work order worth Rs 95.66 crore from the Sushma Swaraj Institute of Foreign Service, New Delhi.
The company's subsidiary, Agra Gwalior Highway, has executed the concession agreement for a project worth Rs 4,262.78 crore with the National Highways Authority of India. The project involves the construction of the Agra-Gwalior Greenfield road.
The company's subsidiary, Zaak ePayment Services, has received the Certificate of Authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. Zaakpay is a B2B payments company that enables online businesses to accept payments seamlessly across multiple payment modes.
Pankaj Rawat has resigned as Chief Marketing Officer of the company, effective April 30, to explore career opportunities outside India.
The company has signed an agreement with Aster DM Healthcare to provide Zaggle Save, an employee expense management and benefits platform.
The Board has approved capital raising of up to Rs 5,000 crore by issuing Basel-III compliant Tier-I and Tier-II bonds of Rs 2,500 crore each during FY26.
The company has received orders worth Rs 1,663 crore in April. Out of these, Rs 1,082 crore relates to the building division, and Rs 581 crore to the transportation division.
The Maharashtra Electricity Regulatory Commission has approved the arrangement for procurement of 125 MW of power from Dhariwal Infrastructure, a wholly-owned subsidiary of CESC.
The Board of the company's subsidiary, Aditya Birla Lifestyle Brands, has appointed Ashish Dikshit as Managing Director and Vishak Kumar as Deputy Managing Director and Chief Executive Officer. Ashish Dikshit will also continue in his current role as Managing Director of Aditya Birla Fashion and Retail.
Profit zooms 8.5-fold to Rs 3,844.9 crore Vs Rs 450.6 crore. Revenue declines 7.6% to Rs 26,965.9 crore Vs Rs 29,180 crore. Exceptional gain stands at Rs 3,945.7 crore Vs exceptional loss of Rs 627.4 crore. Board approves raising funds up to Rs 15,000 crore via QIP, preferential issue, or any other method
Profit jumps 47.8% to Rs 3,014.2 crore Vs Rs 2,039.7 crore. Revenue grows 23.1% to Rs 8,488.4 crore Vs Rs 6,896.5 crore. Board recommends dividend Rs 7 per share
Profit drops 4% to Rs 1,779.1 crore Vs Rs 1,853.1 crore. Revenue rises 7.4% to Rs 7,727.1 crore Vs Rs 7,193.2 crore
Loss stands at Rs 303.6 crore Vs profit of Rs 933.5 crore. Revenue declines 2.3% to Rs 13,183.1 crore Vs Rs 13,487 crore. Exceptional loss stands at Rs 1,229.5 crore Vs Nil
Profit tanks 77.7% to Rs 39 crore Vs Rs 175 crore. Revenue soars 63.8% to Rs 5,833 crore Vs Rs 3,562 crore
Profit zooms 65% to Rs 165.5 crore Vs Rs 100.4 crore. Revenue increases 3.7% to Rs 3,042.3 crore Vs Rs 2,933.4 crore
Profit zooms 54.3% to Rs 509.4 crore Vs Rs 330 crore. Revenue grows 17% to Rs 1,283.2 crore Vs Rs 1,096.4 crore
Profit soars 13.7% to Rs 1,030.2 crore Vs Rs 906.3 crore. Net interest income increases 8.3% to Rs 2,377.4 crore Vs Rs 2,195.1 crore. Gross NPA ratio falls to 1.84% Vs 1.95% (QoQ). Net NPA ratio drops to 0.44% Vs 0.49% (QoQ)
Profit spikes nearly 6-fold to Rs 317.9 crore Vs Rs 54.6 crore. Net interest income declines 3.6% to Rs 2,755.9 crore Vs Rs 2,859.5 crore. Provisions and contingencies drops to Rs 1,260.2 crore Vs Rs 1,774.3 crore. Gross NPA ratio rises to 4.71% Vs 4.68% (QoQ). Net NPA ratio flat at 1.28% Vs 1.28% (QoQ)
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