Godrej Agrovet reported 6.87% fall in the Sep-20 quarter top line sales revenues at Rs1,723.91cr. While the sales did dip briefly in the Jun-20 quarter, the impact on the FMCG space, especially the food space, was very limited and bounce was also rapid in Sep-20. For the Sep-20 quarter, the operating profits were up 62.99% at Rs134.09cr.

JK Lakshmi Cement reported 11.79% rise in the Sep-20 quarter top line sales revenues at Rs1,131.74cr. While the sales did dip briefly in the Jun-20 quarter, the resumption of infrastructure activity brought back cement sales to normal levels in Sep-20 quarter. For the Sep-20 quarter, the operating profits were up 32.37% at Rs167.46cr.

Nilkamal Plastics reported 7.23% fall in the Sep-20 quarter top line sales revenues at Rs534.34cr. While the sales did dip sharply in the Jun-20 quarter, the moulded plastics business saw a sharp recovery in the Sep-20 quarter as is evident from the numbers reclaiming pre-COVID numbers in the quarter. For the Sep-20 quarter, the operating profits were up 28.42% at Rs62.81cr.

SRF Limited, a chemical based multi-business conglomerate engaged in the manufacturing of industrial and specialty intermediates today announced its consolidated financial results for the second quarter and half year ended September 30, 2020. The consolidated revenue of the company increased 21% from Rs1,738cr to Rs2,101cr in Q2FY21 when compared with Corresponding Period Last Year (CPLY).

Financial services platform Paytm has partnered with credit card company SBI Card to launch Paytm-SBI Card co-branded credit cards. The settlement rails are being provided by Visa. This is the second credit card product from Paytm; the first one was launched in partnership with Citibank. For every transaction done on the card, there will be cashback offered in Paytm or paytm mall app.

Companies garnered over Rs 75,000 crore from capital markets in September, a decline of 31 per cent from the preceding month, with private placement of debt instruments continuing to be the most preferred route for financing business. The funds were mopped up mainly for business expansion plans, loan repayments and working capital requirements.

SME-focused supply chain fintech player LivFin on November 4 said it has raised Rs 35 crore in equity investment from German development lender DEG for an undisclosed shareholding. The New Delhi-based NBFC, promoted by the SAR Group, started operations in 2018 and plans to break even next year. It offers invoice finance solutions to small and medium enterprises (SMEs).

BASF India reported 18.58% increase in the Sep-20 quarter top line sales revenues at Rs2,459.73cr. While the sales did dip briefly in the Jun-20 quarter due to the impact of the lockdown, BASF India caters to the agri sector which is not too vulnerable. For the Sep-20 quarter, the operating profits are nearly 4-fold up at Rs116.82cr.

Ajanta Pharma has announced a share buyback programme for consideration of Rs135.97cr. The company's board approved the buyback plan during the announcement of its financial performance for September 2020 (Q2FY21) quarter. According to the regulatory filing, the company's board have approved buyback of 7,35,000 equity shares having a face value of Rs2 each.

American ed-tech companies such as Coursera, Udemy and Udacity are seeing a boost in business in India amid the COVID-19 pandemic and increased dependence on online learning. Udemy Managing Director Irwin Anand said India is a priority and the company is working to “localise experience”. For Coursera, partnerships with colleges and universities have added 5 million “learners” to its platform.

Jaguar Land Rover India on Wednesday said it has commenced bookings for its all-electric SUV Jaguar I-PACE. The vehicle comes fitted with a 90 kWh lithium-ion battery that delivers 400 PS of power from its two electric motors. "We are extremely thrilled to commence our electric journey in the Indian market with the introduction of the Jaguar I-PACE," Managing Director Rohit Suri said.

Home-bound due to the coronavirus outbreak, consumers are going big on food, ordering for the entire family. The average ticket size of food orders has grown 25-30 percent, a Swiggy executive has told Moneycontrol. A bigger ticket size, coupled with the resumption of deliveries in most big cities, is helping the Bengaluru-based food delivery startup bounce back from months of Covid-19 lockdown.

Jyothi Laboratories reported rise of 6.24% in top line sales revenues for the Sep-20 quarter at Rs504.49cr. While the sales did dip briefly in the June quarter, being in the bulk chemicals business the demand scenario was not too deeply impacted. Net profits for the Sep-20 quarter were higher by 12.20% at Rs60.13cr due to higher revenues and better cost management.

Gland Pharma, promoted by Fosun Singapore and Shanghai Fosun Pharma, is set to launch its maiden public offer on November 9. The company, in consultation with merchant bankers, has fixed the public issue price band at Rs 1,490-1,500 per share. The issue, which will close on November 11, will be open for a day for anchor investors on November 6.

The Bombay High Court on Wednesday rejected the bail pleas filed by Kapil and Dheeraj Wadhawan, promoters of Dewan Housing Finance Ltd (DHFL), in the Yes Bank fraud case. A single bench presided over by Justice S V Kotwal had reserved his order on their bail pleas on October 23. The Wadhawan brothers had approached the high court seeking default bail.