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Business News/ Companies / Companies News Today highlights on November 7, 2024: IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY
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Companies News Today highlights on November 7, 2024: IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY

22 min read . Updated: 07 Nov 2024, 07:07 PM IST
Livemint

Companies News Today highlights on November 7, 2024: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

Companies News Today Live Updates: IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoYPremium
Companies News Today Live Updates: IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY

Companies News Today highlights: Stay ahead of the curve with the latest insights from the corporate world through our company news coverage. This section provides a detailed look at significant events affecting industries and markets globally, including mergers, acquisitions, financial reports, and strategic shifts in leadership and operations. Whether you're an investor, a business professional, or simply interested in the dynamics of various industries, our reports offer a deep dive into the developments that shape the economic landscape. From startups to established giants, we bring you the news that matters to help you make informed decisions in a rapidly changing business environment.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

07 Nov 2024, 07:07:41 PM IST

Company Results Today Live: IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY

  • IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY
Read the full story here

07 Nov 2024, 05:51:34 PM IST

Company Business News Today Live: PhysicsWallah's FY24 revenue nearly triples; losses zoom on higher expenses

  • The company said its losses were primarily driven by non-cash adjustments mandated by the Indian Accounting Standards (Ind-AS), which it adopted upon surpassing a revenue threshold of ₹1,000 crore. These adjustments reflect accounting provisions rather than actual cash outflows.
Read the full story here

07 Nov 2024, 04:54:52 PM IST

Company News Today Live: Tata’s Indian Hotels gets the keys to the iconic The Claridges in Delhi

  • Indian Hotels has signed a 25-year management contract to operate The Claridges in New Delhi, starting April, enhancing its presence in key metro cities.
  • The Tata group company also plans to expand its luxury brand portfolio in the Delhi-National Capital Region.
Read the full story here

07 Nov 2024, 04:25:48 PM IST

Company Results Today Live: AADHAR HOUSING FINANCE Q2 Results Live: Profit Falls by 33.79% YoY

  • AADHAR HOUSING FINANCE Q2 Results Live: Revenue decreased by 37.92% YoY & profit decreased by 33.79% YoY.
Read the full story here

07 Nov 2024, 02:43:26 PM IST

Company News Today Live: Amazon, Flipkart sellers under ED scrutiny in money laundering investigation: Report

  • Amazon, Flipkart sellers under ED scrutiny in money laundering investigation: Report
Read the full story here

07 Nov 2024, 01:51:40 PM IST

Company News Today Live: Amazon, Flipkart E-commerce sellers under fire across India amid on money laundering allegations

  • The Enforcement Directorate (ED) has launched a pan-India raid on multiple sellers linked to e-commerce platforms, including Amazon and Flipkart, over alleged money laundering activities.
Read the full story here

07 Nov 2024, 01:24:17 PM IST

Company News Today Live: Can IKEA disrupt the furniture business again?

  • It wants to help you sell your Billy bookcase
Read the full story here

07 Nov 2024, 12:42:07 PM IST

Company News Today Live: Solar Energy Corp bars Anil Ambani’s Reliance Power for 3 years over fake tender document

  • SEC said the endorsement of the bank guarantee against earnest money deposit, issued by a foreign bank, was fake. The tender was finally cancelled
Read the full story here

07 Nov 2024, 12:36:36 PM IST

Company News Today Live: Sharan Hegde's 1% Club lays off 15% of staff in first major cost-cutting push

  • The layoffs have sparked speculation after an anonymous Reddit post claimed that around 40 employees were let go.
Read the full story here

07 Nov 2024, 12:18:38 PM IST

Company News Today Live: Supreme Court orders Jet Airways to go into liquidation

  • Jet Airways is set for liquidation after the Supreme Court found its bankruptcy resolution plan unfulfilled. The airline has been embroiled in legal battles since its bankruptcy in 2019.
Read the full story here

07 Nov 2024, 12:13:05 PM IST

Company News Today Live: Supreme Court overturns NCLAT ruling, orders liquidation of Jet Airways, rejects Jalan-Kalrock consortium transfer

  • Supreme Court overturns NCLAT ruling, orders liquidation of Jet Airways, rejects Jalan-Kalrock consortium ownership transfer
Read the full story here

07 Nov 2024, 12:11:33 PM IST

Company Results Today Live: Triveni Engineering & Indus Q2 results: loss at ₹19.2Cr, Revenue increased by 8.1% YoY

  • Triveni Engineering & Indus Q2 results: Revenue increased by 8.1% YoY & loss at ₹19.2Cr
Read the full story here

07 Nov 2024, 12:11:26 PM IST

Company Results Today Live: JB Chemicals & Pharmaceuticals Q2 Results Live: Profit Rise by 15.92% YOY

  • JB Chemicals & Pharmaceuticals Q2 Results Live: Revenue increased by 13.48% YoY & profit increased by 15.92% YoY
Read the full story here

07 Nov 2024, 11:12:05 AM IST

Company Results Today Live: Kansai Nerolac Paints Q2 Results Live: Profit Falls by 30.69% YoY

  • Kansai Nerolac Paints Q2 Results Live: Revenue decreased by 0.26% YoY & profit decreased by 30.69% YoY.
Read the full story here

07 Nov 2024, 11:11:59 AM IST

Company Results Today Live: Gujarat Pipavav Port Q2 Results Live: Profit Falls by 18.19% YoY

  • Gujarat Pipavav Port Q2 Results Live: Revenue decreased by 10.12% YoY & profit decreased by 18.19% YoY.
Read the full story here

07 Nov 2024, 11:11:53 AM IST

Company Results Today Live: AADHAR HOUSING FINANCE Q2 Results Live: Profit Falls by 33.79% YoY

  • AADHAR HOUSING FINANCE Q2 Results Live: Revenue decreased by 37.92% YoY & profit decreased by 33.79% YoY.
Read the full story here

07 Nov 2024, 11:11:47 AM IST

Company Results Today Live: Teamlease Services Q2 Results Live: Profit Falls by 9.86% YoY

  • Teamlease Services Q2 Results Live: Revenue increased by 23.07% YoY & profit decreased by 9.86% YoY.
Read the full story here

07 Nov 2024, 11:11:41 AM IST

Company Results Today Live: Gujarat Gas Company Q2 Results Live: Profit Rise by 4.22% YOY

  • Gujarat Gas Company Q2 Results Live: Revenue decreased by 1.06% YoY & profit increased by 4.22% YoY
Read the full story here

07 Nov 2024, 11:11:35 AM IST

Company Results Today Live: Trident Q2 Results Live: Profit Falls by 8.29% YOY

  • Trident Q2 Results Live: Revenue decreased by 4.71% YoY & profit decreased by 8.29% YoY.
Read the full story here

07 Nov 2024, 11:11:24 AM IST

Company Results Today Live: Endurance Technologies Q2 Results Live: Profit Rises by 31.33% YoY

  • Endurance Technologies Q2 Results Live: Revenue increased by 14.45% YoY & profit increased by 31.33% YoY.
Read the full story here

07 Nov 2024, 11:11:18 AM IST

Company Results Today Live: Blue Star Q2 Results Live: Profit Rises by 36.11% YOY

  • Blue Star Q2 Results Live: Revenue increased by 20.4% YoY & profit increased by 36.11% YoY.
Read the full story here

07 Nov 2024, 11:11:09 AM IST

Company Results Today Live: Apollo Hospitals Enterprise Q2 Results Live: Profit Rises by 62.64% YoY

  • Apollo Hospitals Enterprise Q2 Results Live: Revenue increased by 15.32% YoY & profit increased by 62.64% YoY
Read the full story here

07 Nov 2024, 11:11:06 AM IST

Company Results Today Live: JK Lakshmi Cement Q2 results : loss at ₹13.99Cr, Revenue decreased by 21.61% YoY

  • JK Lakshmi Cement Q2 results : Revenue decreased by 21.61% YoY & loss at ₹13.99Cr
Read the full story here

07 Nov 2024, 11:10:57 AM IST

Company Results Today Live: Bombay Oxygen Investments Q2 Results Live: Profit Rises by 55.49% YOY

  • Bombay Oxygen Investments Q2 Results Live: Revenue decreased by 0% YoY & profit increased by 55.49% YoY.
Read the full story here

07 Nov 2024, 11:10:52 AM IST

Company Results Today Live: Jindal Steel & Power Q2 Results Live: Profit Falls by 37.97% YOY

  • Jindal Steel & Power Q2 Results Live: Revenue decreased by 8.46% YoY & profit decreased by 37.97% YoY.
Read the full story here

07 Nov 2024, 11:10:44 AM IST

Company Results Today Live: Neuland Laboratories Q2 Results Live: Profit Falls by 63.2% YoY

  • Neuland Laboratories Q2 Results Live: Revenue decreased by 25.59% YoY & profit decreased by 63.2% YoY.
Read the full story here

07 Nov 2024, 11:10:37 AM IST

Company Results Today Live: RITES Q2 Results Live: Profit Falls by 27.85% YOY

  • RITES Q2 Results Live: Revenue decreased by 7.13% YoY & profit decreased by 27.85% YoY
Read the full story here

07 Nov 2024, 11:00:07 AM IST

Company Business News Today Live: Simplilearn shutters fresher upskilling, study-abroad units, cuts losses by 75%

  • CEO Krishna Kumar said that the company will now focus on established segments like re-skilling and its B2B enterprise vertical. For the next few years, the company is also focusing on skills around artificial intelligence and cybersecurity as it expects these segments to drive high growth.
Read the full story here

07 Nov 2024, 10:52:11 AM IST

Company News Today Live: Freshworks to cut 13% of global workforce amid strong Q3 earnings and AI demand

  • Freshworks plans to lay off 13% of its workforce, affecting 660 employees, to streamline operations. The company reported strong Q3 earnings, raising its revenue expectations. Freshworks anticipates $11-$13 million in restructuring costs and aims for a successful fiscal year end by December 2024.
Read the full story here

07 Nov 2024, 10:16:48 AM IST

Company News Today Live: ICICI Lombard buys stake worth ₹563 crore in ITC and Axis Bank

  • ICICI Lombard has invested ₹245 crore to acquire a 0.05% stake in ITC, one of India's largest and oldest conglomerates, and ₹318 crore for a 0.10% stake in Axis Bank, a leading private-sector bank in India.
Read the full story here

07 Nov 2024, 06:11:24 AM IST

Company Results Today Live: SJVN Q2 Results Live: Profit Rises by 1.27% YoY

  • SJVN Q2 Results Live: Revenue increased by 16.84% YoY & profit increased by 1.27% YoY
Read the full story here

07 Nov 2024, 06:00:13 AM IST

Company Business News Today Live: Kotak PE to tap domestic investors for new lifesciences fund

  • According to Srini Sriniwasan, managing director of Kotak Alternate Asset Managers, its private equity is probably the largest healthcare investor in the country, having invested around ₹3,000 crore across various funds in the sector in the past 12 months alone.
Read the full story here

07 Nov 2024, 05:45:11 AM IST

Company News Today Live: Adani group lifts threat to cut power to Bangladesh under new repayment terms. But readies a backup.

  • Bangladesh agreed to fresh repayment terms just in time to continue receiving electricity from Adani Power’s Jharkhand plant—a deal that had played a key role in India-Bangladesh ties during the neighbouring nation’s earlier regime.
Read the full story here

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