[ad_1] Dr Reddy’s Laboratories (DRL), plans to launch 15 to 20 products each year to maintain its market presence, CEO Erez Israeli said. Despite challenges with certain products, Israeli believes that the overall performance will stabilise. The company’s North American revenue declined by over 9%, driven primarily by a reduction in revenues from Revlimid, as […]
BPCL MD on impact of Russia sanctions, Trump’s oil policy, and hope for LPG subsidy – CNBC TV18
[ad_1] Bharat Petroleum Corporation (BPCL) could face a short-term impact of 1-2 months on its operations as it adjusts its crude oil sourcing mix amid the evolving geopolitical situation. With sanctions on Russian crude oil tightening, the company is rebalancing its purchases by increasing supplies from Saudi Arabia and the United States. However, this shift […]
Union Bank of India expects credit growth of 10-11% for FY25 – CNBC TV18
[ad_1] Srinivasan Varadarajan, Non-Executive Chairman of Union Bank of India, expects credit growth to in the range of 10-11% for FY25. In an interview with CNBC-TV18, Varadarajan said that while credit growth may not surge dramatically, it is expected to stay steady or slightly lower across the banking system in the coming quarters. This is […]
Strong US retail demand boosts Gokaldas Exports revenue, although YoY margins decline – CNBC TV18
[ad_1] Leading exporter and trader Gokaldas Exports posted a revenue surge in the second quarter backed by a rise US retail demand. Discussing the company’s Q2 performance, Vice Chairman Siva Ganapathi said despite a surge in revenues there was an year-on-year (YoY) decline in margins. Ganapathi, in an interview with CNBC TV-18, highlighted a positive […]
Expect to outperform industry premium by 100-200 bps, says ICICI Lombard – CNBC TV18
[ad_1] ICICI Lombard General Insurance Company Ltd is expecting to outperform the industry premium by 100-200 basis points (bps). Expressing confidence in the company’s performance, Gopal Balachandran, Chief Financial Officer, stated that this projection is based on the assumption that the market maintains sensible pricing and discipline. The company reported a 20.2% rise in net profit […]