financial performance

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    Manufacturing & Services Sales Rise in FY25

    Mumbai, March 30 The net sales growth of select non-government, non-financial (NGNF) public limited companies edged up to 7.8 per cent during 2024-25 from 6.3 per cent in the previous year, the RBI said on Monday.The sales growth of the manufacturing and services sector increased to 6.3 per...
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    Rentomojo IPO: Details of Proposed Equity Raise

    New Delhi, March 28 Rentomojo Ltd, an online platform for renting and subscribing to home furniture and appliances, has filed preliminary documents with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO).The proposed IPO involves the issuance of up to...
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    India's Executive Compensation Trends: CFOs Lead Increase

    New Delhi, March 27 According to a Deloitte report, the median compensation for non-promoter or professional CEOs rose 5 per cent year-on-year to ₹10.5 crore in FY26.The survey further noted that the median CEO compensation of ₹10.5 crore represents the slowest growth since the COVID-19...
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    Rising Costs and Airspace Disruptions Impact Indian Airlines

    Mumbai, March 27 Ratings agency ICRA revised its outlook on the Indian aviation industry to negative from stable on Friday, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...
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    Scindia: BSNL Sees Profit Growth and Network Expansion

    New Delhi, March 26 State-run BSNL will add another 50,000-60,000 mobile towers to build a robust network, and the company's operating profit is expected to grow in double digits in the current fiscal, Union telecom minister Jyotiraditya Scindia said on Thursday.Scindia said that BSNL has made...
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    IPO Proposed: Bharat PET Seeks ₹760 Crore

    New Delhi, March 26 Bharat PET Ltd, a provider of integrated packaging solutions, has filed its draft papers with the markets regulator, Sebi, to raise ₹760 crore through an initial public offering (IPO).The proposed IPO includes a fresh issuance of equity shares worth up to ₹120 crore and an...
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    India's Space Economy: Panel Targets Resource Mobilization

    New Delhi, March 25 A parliamentary panel on Wednesday recommended the Department of Space to take proactive and concerted steps to enhance resource mobilization by Antrix Corporation Limited and New Space India Limited (NSIL).In a report tabled in both Houses of Parliament, the...
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    Expanding in South Tamil Nadu: Sundaram Home Finance Plans New Branches

    Chennai, March 25 Sundaram Home Finance aims to set up five branches under its emerging business segment in South Tamil Nadu, as it aims to generate Rs 200 crore in disbursements in the region next year.The Chennai-based company recently inaugurated two new branches in the emerging business...
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    Analysis: West Bengal Company Activity Shows Decline

    Kolkata, March 24 – The BJP on Tuesday dismissed the claims made by the Trinamool Congress regarding the state of affairs of companies registered and active in West Bengal.Citing a figure presented by the Union Ministry of Corporate Affairs to the Rajya Sabha on the same day, Amit Malviya, the...
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    Manipal Health Expands Network, Plans Rs 8,000 Crore IPO

    New Delhi, March 24 Temasek-backed hospital chain Manipal Health Enterprises has filed preliminary papers with the capital markets regulator, Sebi, to raise funds through an initial public offering (IPO), involving a fresh issuance of shares worth Rs 8,000 crore.Besides the fresh issuance...
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    No Merger Proposals: Government Clarifies Position on PSB Consolidation

    New Delhi, March 23 – The government is not currently considering any proposals regarding the merger or consolidation of public sector banks (PSBs), according to Finance Minister Pankaj Chaudhary.Chaudhary stated in a written reply to the Lok Sabha that the amalgamation of PSBs has led to the...
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    Dredging Corp Eyes Rs 3,000 Crore Revenue Growth

    New Delhi, March 22 Dredging Corporation of India aims to more than double its revenue to Rs 3,000 crore in the next five years, the company's MD & CEO, Capt S Divakar, said, adding that the company is looking to explore new markets and areas to achieve this goal.Dredging Corporation of India...
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    Powertech Ltd Seeks Investment via Initial Public Offering

    New Delhi, March 20 Integrated power infrastructure EPC company, Polite Powertech Ltd, has filed its Draft Red Herring Prospectus (DRHP) with the market regulator, SEBI, to raise funds through an Initial Public Offering (IPO).The IPO comprises a fresh issue of 1 crore equity shares and an...
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    Singer India Reports Strong Growth and Expansion

    New Delhi, March 19 Singer India, a leading player in the sewing machine industry, made its market debut on the NSE on Thursday.Shares of the company started trading at ₹74.75 on the NSE, and finally closed at ₹70.42.The company is already listed on BSE, and the additional listing...
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    Urban Transit Expansion: Haryana Metro Performance

    Chandigarh, March 19 – Haryana’s urban transit system continues to experience strong growth, with Metro ridership registering a robust 13.55 per cent increase in 2025-26, reflecting rising commuter confidence and a clear shift towards public transport.The progress was reviewed in the 64th...
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    India's Basmati Rice Sector: IPO for Aeroplane Brand

    New Delhi, March 19 Basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd has fixed a price band of Rs 201-212 per share for its upcoming Initial Public Offering (IPO), valuing the company at Rs 2,200 crore.In a public announcement on Thursday, the company said its Rs 440 crore maiden...
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    Railways Electrification Boosts Financial Performance

    New Delhi, March 17 The Railways has saved ₹6,000 crore by switching from diesel to electric energy to operate trains, Railway Minister Ashwini Vaishnaw informed the Lok Sabha on Tuesday.Responding to a debate on the demands for grants of the Railway Ministry, he also said that the national...
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    Kaspersky Boosts India Investments, Eyes Regional Hub

    New Delhi, March 17 Global cybersecurity major Kaspersky is set to significantly increase its investments in India, citing stronger-than-expected financial performance and plans to use the country as a hub for regional services, according to a senior company official.In an interview with
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    IPO Details: CMPDIL’s Rs 1,842-cr Offering

    New Delhi, March 16 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Monday that its initial public offering (IPO), worth Rs 1,842 crore, will open for subscription on March 20.The price band has been set at Rs 163 to Rs 172 per...
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    Gaming Firm NODWIN Sees Revenue Growth and Leadership Change

    New Delhi, March 16 Gaming and esports firm NODWIN Gaming announced on Monday that it has officially launched a pre-IPO fundraising round and strengthened its leadership with the appointment of Arnd Benninghoff to its board of directors.The fundraising round will consist of a mix of primary...
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