Godrej Properties is expecting its sales booking this fiscal to surpass the last year’s record Rs 6,725 crore despite the outbreak of second wave of COVID-19 and hopes to cross Rs 10,000 crore mark in the next financial year. Mumbai-based Godrej Properties expects muted sales in the April-June quarter because of the ongoing second wave of coronavirus disease and lockdown in various parts of the countries.
Infosys has been selected by Britvic, one of the leading branded soft drinks businesses in Europe, as a strategic end-to-end partner to help them deliver their strategic transformation roadmap and operations, across Applications, Cloud Infrastructure, Service Management and End User Computing.
Geojit Financial Services has entered into an agreement with Punjab National Bank (PNB) to provide a three-in-one account to the latter’s customers. The new service gives customers who have a savings account with PNB, PNB demat account and Geojit trading account. The savings and demat account can be opened online in PNB.
Modi Naturals is planning to launch new products ‘Peanut Butter’ and ‘Pasta’ under the Brand Name ‘Oleev Kitchen’ as a pilot study project. After seeing response from the market, the Product will be launched in a full-fledged manner.
Ruchi Soya Industries’ Board has approved the signing of the Business Transfer Agreement (BTA) with Patanjali Natural Biscuits (PNBPL) in a slump sale at Rs 60.02 crore. The BTA is to acquire its business of PNBPL’s manufacturing, packing and labelling of biscuits, cookies, rusk and other associated bakery products.
Tata Motors has extended warranty and free service period till June 30 for those passenger vehicle customers whose tenures are due on April 1 and May 31, in view of the ongoing curbs across the country due to the second wave of the pandemic.
Granules India has reported results for fourth quarter ended March 31, 2021. The company has reported a fall of 29.49% in its net profit at Rs 142.25 crore for the quarter under review as compared to Rs 201.75 crore for the same quarter in the previous year. However, total income of the company increased by 55.77% at Rs 784.61 crore for Q4FY21 as compared Rs 503.70 crore for the corresponding quarter previous year. On the consolidated basis, the company has reported a rise of 38.15% in its net profit at Rs 127.57 crore for the quarter under review as compared to Rs 92.34 crore for the same quarter in the previous year. Total income of the company increased by 28.95% at Rs 802.59 crore for Q4FY21 as compared Rs 622.40 crore for the corresponding quarter previous year.
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