BUSINESS

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Reliance's Consolidated Profit Before Tax Jumps by 11.4 Percent Year-On-Year to Rs 1.04 Lakh
consolidated profit before tax jumped by 11.4 per cent year-on-year to Rs 1.04 lakh crore ($12.6 billion) for the financial year ended March 2024. Reliance became the first Indian company to cross the Rs 100,000-crore threshold in pre-tax profits.
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Read more at Deccan Herald
Reliance Retail Ventures - Q4 Results
Reliance Retail Ventures reported a consolidated net profit of Rs 2,698 crore for Q4FY24, which was up 11.7% versus the year-ago period. Sequentially, however, net profit was down 14.8% as Q3 was a festive quarter. Three fashion and lifestyle brands, Taluja said, had crossed Rs 2,000 crore in annual sales. Of the total bids received for Vodafone Idea’s FPO, around 65% came from FIIs.
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Read more at The Indian Express
Jaypee Greens Noida - A Case Study
Jaypee Greens Noida’s “Wish Town” spanned approximately 1,063 acres and boasted of twenty-four projects. By early 2000s, the government was toying with new models of infrastructure creation, where land development was offered as a barter. It was not until the late 1990s when the next generation led by Jaiprakash’s son Manoj Gaur took charge. In 2003, the group managed to secure the concession agreement for the development of the Taj Express
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Read more at Scroll.in
Prince Harry and Meghan Markle Face Backlash for Recent Business Moves
Expert suggests 5 things for Duke, Duchess of Sussex expert and Markle's former friend Lizzie Cundy. She alleged that Markle is failing to gauge public sentiment while attempting to emulate Gwyneth Paltrow's reinvention track. Also Read | Prince Harry, Meghan Markle, lose ‘Royal’ title, just part of 'Hollywood clique'
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Read more at Mint
Shaily Engineering Plastics Ltd (CMP: Rs 611; Market Cap: Rs 2,805 Cr)
Shaily is deepening its foray into its own IP (intellectual property) devices PRO Only Highlights - Quarterly performance largely backed by improved realisations. Medium-term triggers China plus and protectionist measures for tyre industry Highlights Exporter of high-precision plastic products Long-standing relationship with MNC clients Diversification towards IP-led healthcare business to be key growth catalyst Post capex cycle, spare capacity keeps it ready for China+1 opportunities Valuation at premium but justified
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Read more at Moneycontrol
Jerry Seinfeld Interview
Seinfeld is making his feature directorial debut in Netflix's Unfrosted, the comedy about the creation of Pop-Tarts. In a new interview, the stand-up comedian reflects on his experience in filmmaking at this point in his career.
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Read more at Deadline
The American Chamber of Commerce in China
American companies operating in China saw improved profits last year, though slightly less than half expect to be profitable in 2024. The survey of U.S. companies said inconsistent and unclear policies and enforcement, rising labor costs and data security issues were other top concerns. It also said that, despite the insistence of Chinese leaders that Beijing welcomes foreign businesses, many still are hindered from free competition.
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Read more at Yahoo Canada Finance
PlaneSmart! Aviation
PlaneSmart! Aviation (PSA) is offering an aircraft access model that provides dedicated aircraft without the need for aircraft equity investment. This innovative program allows clients to enjoy the privileges of private aircraft ownership such as flexible scheduling, enhanced privacy, and decreased transit times. The company backs the purchase through its own resources and coordinates all crew hiring and training, routine maintenance and unscheduled repairs.
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Read more at PR Newswire
Jerry Seinfeld: The Movie Business Is Over
"Disorientation replaced the movie business," Seinfeld told GQ. "Everyone I know in show business, every day, is going, ‘What’s going on? How do you do this?'" He was speaking to the outlet in connection with his film Unfrosted. The project marks seinfeld’s directorial film debut.
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Read more at Hollywood Reporter
Goat Registry - The Postal Service Is Getting Lost in the Mail
Tara Lawrence is the owner of a goat registry that provides goats to people across the United States for various shows and fairs. These goats require documentation from Tara to be eligible for awards. 95% of their business is spread across Canada, California, Florida, Georgia, and New Hampshire.
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Read more at WBRC