Annual Performance

Grasim records Rs 1.30 trillion revenue for FY24, driven by cement business

For FY24, Aditya Birla Group's flagship company, Grasim Industries' board of directors has proposed a dividend of Rs 10 per equity share, amounting to a total cash outflow of Rs 669 crore

Firms report electoral bonds under donations, miscellaneous expenses

A reading of the reports suggests that there is no standard practice for reporting political contributions and it is left to the company's discretion to report them as they find fit

Funflation: A Taylor-made show?

The willingness to splurge on live entertainment is reshaping consumer behaviour

ABSL MF's conviction play sets stage for turnaround in performance

A rejig in the fund management team coupled with tweaks to the processes and strategies helps the fund house shrug off period of underperformance

BET Awards 2023: Everything you need to know about awards, performances

The BET Awards 2023 will be broadcast LIVE on BET on Sunday, June 25, 2023 at 8 PM ET/PT; the American award show BET Awards has revealed an outstanding lineup of performers

Brigade Enterprises Q4 profit at Rs 63 cr, FY23 profit stands at 222 cr

Realty firm Brigade Enterprises Ltd on Wednesday reported a consolidated net profit of Rs 63 crore for the quarter ended March 2023. The company posted a net loss of Rs 11.63 crore in the year-ago period. Total income fell to Rs 872.11 crore in the fourth quarter of the last fiscal from Rs 964.72 crore in the corresponding period of the previous year, according to a regulatory filing. Net profit stood at Rs 222.17 crore in the last fiscal as against a net loss of Rs 64.76 crore in the 2021-22 financial year. Total income rose to Rs 3,563.21 crore in the 2022-23 fiscal from Rs 3,065.51 crore in the previous year. Commenting on the results, Pavitra Shankar, Managing Director, Brigade Enterprises Ltd said, "...our real estate business outperformed during the fourth quarter, enabling us to end the year with highest ever sales. Leasing and hospitality also contributed significantly to the overall growth of the company in 2022-23." The company has a strong pipeline of ongoing projects

Accenture to cut 19,000 jobs amid worsening global outlook, trims forecast

The company also trimmed its annual revenue growth and profit forecasts on Thursday, amid worries that recession-wary enterprises will cut technology budgets

Round-the-clock performance review

Why some companies are saying goodbye to annual performance reviews