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RattanIndia: RattanIndia Enterprises-backed Revolt Intellicorp, India’s next gen-mobility company marked 2 crore kilometres on its AI-enabled electric motorcycles on Indian roads.  

Stove Kraft: Rajendra Gandhi, Managing Director of Stone Kraft said, “Our Company delivered record revenues & profitability in FY21 on the back of strong volume growth of 32 per cent, operational efficiencies, better product mix, and cost rationalisation programmes. Our working capital cycle has improved from 37 days in March 2020 to 27 days as of March 2021. During the current financial year, the company has reduced its debt by Rs 276 crore. The company plans to be a zero-debt company in the near term.”  

TCI: Vineet Agarwal, Managing Director of TCI stated, “Despite a slow first quarter, we delivered a steady performance. All segments have performed well due to our continuous focus on building strong customer relationships, superior multimodal network, and diversified portfolio of value-added services from design to execution. The emerging business units have also shown good traction. Our emphasis on improving operating efficiencies has led to cost optimisation and profitability growth.”  

Hinduja Global Solutions: HGS, a global leader in business process management is hiring 250 remote employees in Montreal and Quebec City.   

Infosys: The company unveiled Infosys Cloud Radar 2021, which has revealed the links between enterprise cloud usage and business growth. The independent study shows that enterprises in the six regions surveyed can add up to $414 billion in net new profits, annually, through effective cloud adoption.   

TCS: The company has been recognised as a leader in semiconductor engineering services by Everest Group.   

PG Electroplast: The board of PG Electroplast passes enabling resolution to raise Rs 76.6 crore. The money will be raised for capacity expansion at its air conditioning plant in Pune.   

SPARC: Dilip Shanghvi stepped down and tendered his resignation as Managing Director of the company, which was accepted by the board as recommended by the Nomination & Remuneration Committee. He will continue to be associated with the board in his capacity as a Non-Executive Director and Chairman of the company.   

Vardhman Textiles: Yarn production in Q4FY 20-21 stood at 57,256 metric tonnes as compared to 51,416 metric tonnes in Q4 FY 19-20. Grey fabric product stood at 547 lakh metres in Q4FY 20-21 while processed fabric production in Q4FY 20-21 stood at 357 lakh metres.   

Emami Ltd: Building on improved demand scenario coupled with increased focus on healthcare & hygiene products, the company has consistently delivered broad-based growth across brands, channels and businesses in Q4FY21. The quarter witnessed strong growth all around, with 44 per cent growth in domestic business and 28 per cent growth in international business. Both net sales and revenues grew by 39 per cent and 37 per cent, respectively on a consolidated level over the previous year. Further, all major brands grew handsomely by more than 30 per cent during the quarter.  

Goldiam International: Consolidated revenue for the quarter was up by 46 per cent YoY due to the restocking of inventory by major retailers in the US market as the consumer demand increased with changing consumer behaviour. This has helped standalone jewellery revenue, to grow by 103 per cent in Q4FY21. The company has an order book size of Rs 2,000 million, of which, lab‐grown diamonds constitute 10 per cent. This order book is expected to be executed over the next 4‐6 months, e‐commerce sales are 20 per cent of total sales, which do not constitute a part of the order book.   

Computer Age Management Services (CAMS): SIP new registrations, which were subdued in the first nine months of the year, saw an uptick in the last quarter, recording 25 lakh new registrations. CAMS serves all the top five asset managers in the country and has a market share of 70 per cent.   

Ajmera Realty & Infra: The company’s total debt for FY2021 has reduced significantly, ahead of its repayment schedule due to sales collection on robust sales.