InCred becomes second Indian unicorn of 2023 after $60m funding

Indian fintech firm InCred Finance is set to join the unicorn club after raising Rs 500 crore (around $60 million) in a Series D funding round. A global private equity fund, corporate treasuries and UHNI family offices participated in the funding round, according to a company statement that did not name the investors. InCred plans… Continue reading InCred becomes second Indian unicorn of 2023 after $60m funding

Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims against GrafTech International Ltd.

NEW YORK, Nov. 9, 2023 /PRNewswire/ — Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of GrafTech International Ltd. (GrafTech or the “Company”) (NYSE: EAF) for violations of federal securities laws. All investors who purchased shares and incurred losses are… Continue reading Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims against GrafTech International Ltd.

Outlook Therapeutics, Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Outlook Therapeutics, Inc.

Upcoming Lead Plaintiff Deadline is January 2, 2024 NEW YORK, Nov. 9, 2023 /PRNewswire/ — Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein“) announces that a federal securities class action lawsuit has been filed against Outlook Therapeutics, Inc. (“Outlook” or the “Company”) (NASDAQ: OTLK) in the United States District Court for the District of New Jersey… Continue reading Outlook Therapeutics, Inc. Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against Outlook Therapeutics, Inc.

Chesapeake Utilities Announces Public Offering of $330 Million of Shares of Common Stock

DOVER, Del., Nov. 9, 2023 /PRNewswire/ — Chesapeake Utilities Corporation (NYSE: CPK) today announced the commencement of an underwritten public offering of $330,000,000 of shares of its common stock. Chesapeake also intends to grant the underwriters of the offering a 30-day option to purchase up to $49,500,000 of additional shares of the Company’s common stock.… Continue reading Chesapeake Utilities Announces Public Offering of $330 Million of Shares of Common Stock

Liberty Mutual Insurance Reports Third Quarter 2023 Results

BOSTON, Nov. 9, 2023 /PRNewswire/ — Liberty Mutual Holding Company Inc. and its subsidiaries (collectively “LMHC” or the “Company”) reported net income attributable to LMHC of $219 million and loss of $441 million for the three and nine months ended September 30, 2023, versus net loss attributable to LMHC of $353 million and $198 million… Continue reading Liberty Mutual Insurance Reports Third Quarter 2023 Results

Audio Interview: “A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now”

In this GlobalAutoIndustry.com Audio Interview “A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now” Ron Hesse speaks with Rosemary Coates, the Founder and Executive Director of the Reshoring Institute, a non-profit and non-partisan organization focused on expanding U.S. manufacturing. She is also the President of Blue Silk Consulting, a global supply-chain management consulting firm.… Continue reading Audio Interview: “A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now”

Continental Auto Group ends third quarter of 2023 in line with expectations

In the third quarter of 2023, Continental achieved consolidated sales of EUR 10.2 billion (Q3 2022: EUR 10.4 billion, -1.5%). New Delhi: The technology company significantly improved the operating result in its Automotive group sector compared with the first half of the year. This was thanks to price adjustments, high cost discipline and stabilized supply… Continue reading Continental Auto Group ends third quarter of 2023 in line with expectations

Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore

Landmark Cars Limited, a leading luxury and premium automotive retail chain reported a consolidated net profit of Rs 20.5 crore during Q2FY24 compared to Rs. 16.8 crore in Q2 FY23, indicating a rise of 22% YoY.  The company’s revenues, correspondingly, stood at Rs 770 crore in Q2 FY24 as against Rs 852 crore in Q2FY23.  The company’s proforma… Continue reading Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore

Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore

Landmark Cars Limited, a leading luxury and premium automotive retail chain reported a consolidated net profit of Rs 20.5 crore during Q2FY24 compared to Rs. 16.8 crore in Q2 FY23, indicating a rise of 22% YoY.  The company’s revenues, correspondingly, stood at Rs 770 crore in Q2 FY24 as against Rs 852 crore in Q2FY23.  The company’s proforma… Continue reading Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore

Ashok Leyland’s Q2FY24 net profit surges 2.8 times to Rs 561 crore

Ashok Leyland, the Indian flagship of the Hinduja Group, reported net profit of Rs 561 crore for Q2 FY24 grew 181% over the same period last year. The company’s revenues for the quarter stood at Rs 9638 crore, compared to Rs. 8266 crore in Q2 FY’23, posting 17% growth over last year.  Ashok Leyland’s domestic… Continue reading Ashok Leyland’s Q2FY24 net profit surges 2.8 times to Rs 561 crore