Tuesday, Mar 19 2024 | Time 08:48 Hrs(IST)
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Business Economy


Laurus Labs’ Q2 net jumps manifold to Rs 242 crore in Q2 FY21

Hyderabad, Oct 29 (UNI) Hyderabad-based Laurus Labs Ltd net profit for the second quarter ended September 30,2020, increased multiple times at Rs 242 crore against Rs 57 crore in the corresponding period in the previous year.
The total revenue of the company increased 60 per cent at Rs 1,139 crore as against Rs 712 crore in the corresponding quarter of the previous year.
Generic API division showcased a healthy growth of 22 per cent Y-o-Y while the anti-viral segment recorded growth of 20 per cent Y-O-Y, the company said in a statement here.
Generic FDF revenue showcased a robust growth of 183 per cent Y-o-Y and this segment contributed 38 per cent in H1 FY21 to total revenue as against just 2 per cent in FY 19, the statement added.
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Raychem RPG clears Pre-Qualification test for manufacturing 245KV cable in India

18 Mar 2024 | 8:38 PM

New Delhi, Mar 18 (UNI) One of the longest surviving JV for about four decades, Raychem RPG, has achieved another milestone by completing the very stringent, yearlong Pre-Qualification (PQ) test protocols, at Central Power Research Institute (CPRI) for its 245KV cable accessories manufactured in India.

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Startup Founders’ meet to be held on March 23

18 Mar 2024 | 8:29 PM

Thiruvananthapuram, Mar 18 (UNI) Founders of top startup ventures that flourished in Kerala’s robust ecosystem will share their experience and insights at the 17th edition of the Startup Founders’ Meet planned by Kerala Startup Mission (KSUM) on March 23.

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Flipkart foundation, Kineer services partner for LGBTQ+ employment

18 Mar 2024 | 8:21 PM

Mumbai, Mar 18 (UNI) Flipkart Foundation, the charitable arm of the Flipkart Group, has collaborated with Kineer Services, an organisation advocating for gender sensitization, to launch ‘Trans-formation’, an initiative aimed at uplifting the marginalised transgender community and other members of the LGBTQ+ spectrum.

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Godrej & Boyce and Thales forge strategic partnership for a sustainable future

18 Mar 2024 | 6:56 PM

Kolkata, Mar 18 (UNI) In a landmark move towards a low-carbon future, Godrej Precision Engineering, a key player in the Godrej & Boyce manufacturing conglomerate, has entered into a letter of intent with Thales, a global technology leader in defence and security, aeronautics and space, and digital identity and security, agreeing to work together to tackle climate change in their respective value chains.

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Citroen to supply 4,000 e-C3 electric cars to BluSmart

18 Mar 2024 | 6:38 PM

(repeating, correcting, header)
Bengaluru, Mar 18 (UNI) Carmaker Citroen would supply 4,000 units of its electric car e-C3 to ride-hailing service provider BluSmart Mobility.

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