"The pandemic has put the diagnostic industry at the cusp of a dynamic shift and established pathology chains like us are set to benefit and cement leadership position," Metropolis Healthcare Promoter and MD Ameera Shah said. … [Read more...] about Metropolis Healthcare Q4 net profit declines 56% to Rs 15.49 crore
2019 08 15
Saraf says that even if industries are opened up on April 20th, all export orders would have been cancelled by then. Revival in exports will be extremely difficult. Further, there is an issue in completion of paperwork as workers are unable to go to their offices to file the requisite paperwork. … [Read more...] about Lockdown extended till May 3: Apex exports body FIEO slams move, says industry may see 15 million job losses
"According to executives, Sikka's product mindset did not work for the company and eventually led to his departure. Then came Parekh’s appointment at a time the company was looking for an executive who would bring in stability," said Pareekh Jain, founder, Pareekh Consulting. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
"The figures of 2018-19 include the consolidated figures of Symphony AU Pty Ltd, Australia, only for the period from July 1, 2018, to March 31, 2019, i.e. 9 months and hence, the figures of 2019-20 are not comparable with the figures of 2018-19," the company said. … [Read more...] about Symphony Ltd net profit at Rs 40 crore in March quarter; net sales at Rs 249 crore
"Based on the above assessment, the group strongly believes that there is no material impact on the financial results or positions of the group due to the pandemic. Further, the timely steps announced by the Government of India, allowing extension of contract delivery period up to six months, additional liquidity...and additional investment in infrastructure projects, will enable the group to further consolidate its position," it said. … [Read more...] about KEC International Q4 profit down 3% to Rs 193 crore