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The Economic Times
Essel chief Subhash Chandra says he'll take Madhabi Puri Buch to court
Subhash Chandra alleged that Sebi under Buch scuttled Zee's merger deal with Sony Pictures Networks India through its "motivated investigation" against him and his son Punit Goenka, managing director and chief executive of Zee Entertainment. He noted that Sebi's confirmatory order banning Goenka from holding a top-level position in any listed entity was overturned by the Securities Appellate Tribunal.
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Mon, Sep 2, 2024
CNBC TV18
Welspun Living block deal: Balkrishan Goenka’s trust offloads 3.9% stake for Rs 781 crore
Welspun Living is a part of the diversified Welspun Group. The company specialises in manufacturing and marketing a wide range of home textile products, including bed linens, towels, and rugs.
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Thu, Aug 29, 2024
The Economic Times
Committed to double-digit growth in FY25, exploring inorganic, strategic opportunities: Emami
Emami aims for double-digit growth this fiscal year, focusing on expanding into new product categories through strategic acquisitions and inorganic opportunities. Chairman R.S. Goenka highlighted optimism due to favorable economic conditions and anticipated market recovery. Emami's recent acquisitions and direct-to-consumer initiatives are driving revenue growth and enhancing its market presence.
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Wed, Aug 28, 2024
CNBC TV18
PCBL, CESC lead ₹16,000 crore market cap addition to Sanjiv Goenka group stocks in a month
Out of the ₹16,224 crore market capitalisation added by the group companies, over 40% or nearly ₹7,000 crore has been added by PCBL Ltd. Shares of PCBL have risen 60% in the last one month.
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Wed, Aug 28, 2024
The Economic Times
FMCG maker Emami's net profit grows 36% in Q1 despite challenges in Bangladesh
Emami Ltd chief executive NH Bhansali shared that the company faced challenges in Bangladesh due to geopolitical tensions but remains optimistic for future stability. Founder R.S. Goenka noted growth in international markets despite currency depreciation. Emami adapted to subdued rural market demand by expanding its consumer base and increasing revenue from non-seasonal brands. The company reported a 36.4% increase in net profit in the first quarter of June 2024.
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Tue, Aug 27, 2024
Business Standard
This Ashish Dhawan-owned RP-Sanjiv Goenka Group stock zoomed 20% today
Shares of RPSG Ventures were locked in upper circuit of 20 per cent at Rs 1,242.40, also its new all-time high. It has zoomed 66% in the past seven trading days.
The Economic Times
Starlink, Project Kuiper requests for landing rights under process: IN-SPACe chairman
Both companies have yet to get permits to provide satcom services in India — their applications are pending before the Department of Telecommunications (DoT) — but Goenka said this would not delay the grant of landing rights to them by the space sector regulator.
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Fri, Jun 21, 2024