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Companies Report

Renuka Sugars and risk inherent in chasing rapid growth

The rush for scale in business can sometimes turn fatal. Narendra Murkumbi, once considered among India’s most promising entrepreneurs, discovered it the hard way.

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Global investors line up for stake in Bhushan Steel

Debt-laden Bhushan Steel Ltd, which has been referred to the National Company Law Tribunal (NCLT) for insolvency proceedings, has caught the eye of several financial investors.

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Sobha Q1 profit up 31% at Rs 47 cr; announces share buyback

Realty firm Sobha Ltd today reported 31 per cent increase in its consolidated net profit at Rs 47 crore for the quarter ended June and announced buy- back of shares up to Rs 62 crore.

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KEC International beats margin estimate on strong domestic performance

For the June quarter, KEC International Ltd’s domestic business staged robust growth in spite of the macroeconomic challenges.Although revenue growth was a subdued 4% from a year back, that from domestic business, especially from power transmission, railways and solar businesses, did well.

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