BHP shares fall after Anglo American rejects third proposal

BHP, the world's biggest listed mining group, now has until May 29 to make a binding offer for Anglo American or it will be forced to walk away for at least six months, under the UK's takeover rules.

Economic Times 

Grasim Q4 revenue at record Rs 37,727 crore

While operating profit of the flagship company of the Aditya Birla Group jumped by a little over a fourth to ₹6,196 crore during the quarter, also an all-time high, the net profit remained flat on year at ₹1,370 crore. Adjusted for an exceptional item charge of ₹538 crore, the bottomline rose by two-fifths on year.

Economic Times 

SEBI Slaps Rs 11.90 Crore Fine On 19 Entities For 'Pump And Dump' Of Superior Finlease Shares

SEBI imposes Rs 11.90 crore fine on 19 entities for 'pump and dump' scheme of Superior Finlease Ltd shares

Bloomberg Quint 

Titan Intech Q4 net profit surges to ₹1.9 crore

Titan Intech Q4 net profit surges to ₹1.9 crore

The Hindu Business 

Bharat Parenter Consolidated March 2024 Net Sales at Rs 67.82 crore, up 33.06% Y-o-Y

Bharat Parenter Consolidated March 2024 Net Sales at Rs 67.82 crore, up 33.06% Y-o-Y

Moneycontrol 

Gland Pharma Q4 Results: Net profit more than doubles to Rs 192.4 crore

The company declared its first-ever post-listing dividend of Rs 20 per equity share for FY24.

Economic Times 

Tata Communications, Cisco to tap ‘$400-mn calling market in India’

Tata Communications, Cisco to tap ‘$400-mn calling market in India’

The Hindu Business 

Gland Pharma Q4 net surges on good show in key global markets, declares ₹20 dividend

Gland Pharma Q4 net surges on good show in key global markets, declares ₹20 dividend

The Hindu Business 

Disney said to sell 30% stake in Tata Play to Tata Group, valuing co at $1 billion

The deal came as the India’s media landscape is going through a major shakeup. Disney signed a binding agreement in late February to combine its India Unit with viacom 18 media pvt, creating an $8.5 billion entertainment giant that will have 750 million viewers and dominate the sector in the world’s populous country.

Economic Times 

Minda Corp Q4 Result: Net Profit Jumps 27%

Minda Corp reports a 27% surge in net profit to Rs 71 crore in Q4 of March 2024, with operating revenue climbing to Rs 1,215 crore.

Bloomberg Quint 

RattanIndia Power Q4 Results: Firm posts Rs 10,665 cr net profit on exceptional gains

RattanIndia Power on Wednesday reported a consolidated profit of Rs 10,665.75 crore in the March 2024 quarter, mainly due to exceptional gain. The company had reported a loss of Rs 483.19 crore in the year-ago quarter, a BSE filing showed.

Economic Times 

Jubilant Foodworks Reports Massive Q4 Profit Surge To Rs 208.24 Crore

JFL's total income, including other income, rose 23.61% to Rs 1,594.12 crore in the March quarter.

Bloomberg Quint 

Strides Pharma Reports Profit In Q4; USFDA Approves Generic Gastrointestinal Drug

Strides Pharma reports Rs 10.44 crore net profit in Q4; USFDA approves generic gastrointestinal drug

Bloomberg Quint 

Jubilant FoodWorks Q4: Net profit jumps seven-fold to Rs 208 crore, revenue up 24%

In a year, 356 new stores were opened, averaging about one per day, bringing the JFL Group Network to nearly 3,000 stores.

Moneycontrol