Company India NEWS. Stock Market NEWS Updated Daily
Company India NEWS. Stock Market NEWS Updated Daily
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Company India NEWS. Stock Market NEWS Updated Daily
Flipkart bets big on generative AI to improve customer, seller experience
Datar expects that, as the company builds scale, it will be able to improve on the returns on investment (roi) it is witnessing from its ai bets
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Swiggy secures shareholders' approval to raise over Rs 10,400 cr via IPO
Food and grocery delivery major swiggy has received shareholders' approval for an initial public offering to raise rs 10,414 crore fund through issue of fresh equity shares and an offer for sale, according to sources. a special resolution was passed at an
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Fundraise of Rs 18,000 cr 'fresh lease of life' for Vi, says KM Birla
Aditya birla group chairman kumar mangalam birla on thursday said the rs 18,000-crore fundraise by vodafone idea is a "fresh lease of life" for the company and asserted that the telco will stage a smart comeback. the company, which has been struggling to h
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Nestle India, Dr Reddy's to form joint venture for nutraceutical brands
This collaboration aims to expand their complementary nutraceutical portfolios in areas like metabolic care, hospital nutrition, general wellness, women's health, and child nutrition
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Cyient Q4 results: Net profit rise 15.9% at Rs 189 crore, revenue up 6.3%
The company's digital, engineering and technology segment accounted for 80% of its overall revenue
Tag: Company India Source: business-standard.com Dated: 2024-04-25
L&T Technology Q4 result: Revenue rises 7% aided by strong deal wins
Bengaluru (reuters) - indian engineering research and development services provider l&t technology services reported a 7% rise in its fourth-quarter revenue on thursday, in line with street expectations, aided by strong deal wins.
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Bajaj Finance Q4 results: Net profit rises 21% to 3,824 cr, revenue up 34%
Shares of bajaj finance ltd closed trading at rs 7,293.90 on thursday ahead of the company's q4fy24 results
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Inox Wind board cleares bonus issue in 3:1 ratio to its shareholders
Wind energy solutions provider inox wind on thursday said its board of directors have cleared a proposal to issue bonus shares in the ratio of 3:1 to its shareholders. the bonus shares shall be issued to the shareholders whose names appear in the register
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Embassy REIT Q4 results: Net operating income up at 13% to Rs 766 cr
Embassy office parks reit on thursday reported a 13 per cent increase in its net operating income to rs 765.6 crore and announced distribution of rs 494.8 crore to unit holders in the fourth quarter of the last fiscal year. its net operating income stood a
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Arun Alagappan appointed as executive chairman of Coromandel International
His appointment comes as a. vellayan retires from the position of chairman and non-executive director with effect from the close of wednesday
Tag: Company India Source: business-standard.com Dated: 2024-04-25
IndiGo places first-ever widebody aircraft order for 30 Airbus A350 jets
Such a deal would be worth more than billion, as per the last catalogue rates published in 2018
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Lohia Global to foray into real estate biz as housing demand rises in India
In addition to moradabad, by 2030, the company will develop residential projects in lucknow and delhi ncr with a total investment of rs 1,000 crore
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Audi India to hike prices by 2% starting June 2024 amid rising input costs
The recent financial year witnessed audi india retail 7,027 units, marking an overall growth of 33 per cent
Tag: Company India Source: business-standard.com Dated: 2024-04-25
AI offers remarkable opportunity for India: Qualcomm India President Soin
India, with its growth engines roaring, is the "place to be", qualcomm india president savi soin has said, adding that the country has a "remarkable opportunity" with hybrid artificial intelligence (ai). the san diego, california-headquartered chip designe
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Food delivery major Swiggy gets shareholder nod for potential .2 bn IPO
The company is also looking to raise around rs 750 crore from anchor investors ahead of its ipo, which is expected later this year
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Nestle India, Dr Reddy's to form JV for nutraceutical brands in India
Nestle india and dr reddy's laboratories ltd on thursday announced that they have entered into a definitive agreement to form a joint venture to bring innovative nutraceutical brands to consumers in india and other agreed territories. a joint press release
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Harley-Davidson quarterly profit declines by 23% owing to slow demand
Global motorcycle shipments, including those of cruiser, trike and touring bikes, fell 7% in the quarter from a year earlier
Tag: Company India Source: business-standard.com Dated: 2024-04-25
ITC plans to open more hotels overseas with West Asia in focus: CMD Puri
India's diversified entity itc plans to open more hotels overseas with neighbouring countries and the middle east as primary target markets after opening of its first international property here, company chairman and managing director sanjiv puri said on
Tag: Company India Source: business-standard.com Dated: 2024-04-25
SBI General Insurance result: Net profit jumps 30.4% to Rs 240 cr in FY24
Sbi general insurance on thursday reported a 27.6 per cent rise in net profit at rs 240 crore for the financial year ended march 2024. the non-life subsidiary of state bank of india had recorded a net profit of rs 188 crore in the previous financial year.
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Coromandel International Q4 results: Profit falls 35% to Rs 163 crore
Revenue from operations fell about 28% to rs 3,913 crore, making it the company's fourth consecutive quarter of decline
Tag: Company India Source: business-standard.com Dated: 2024-04-25
IndusInd Bank Q4 result: PAT up 15% to Rs 2,349 cr on healthy loan growth
The bank's net loans grew 18%, it had said in its quarterly update earlier this month, outpacing a 14% growth in deposits
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Happiest Minds to acquire Noida-based PureSoftware for .5 million
The it company aims to boost its domain capabilities in bfsi, healthcare and life sciences through this acquisition
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Welspun Living Q4 results: Net Profit increases 16% to Rs 146 crore
Analysts expect a further increase in demand and easing prices of key raw materials, such as cotton, to boost textile firms' bottomline in the next few quarters as well
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Tech Mahindra Q4 results: Net profit drops 40% at Rs 661 cr; income down 5%
Tech mahindra q4fy24 results: the company announced an interim dividend of rs 28 per share
Tag: Company India Source: business-standard.com Dated: 2024-04-25
ACC Q4 results: PAT grows over three-fold to Rs 749 crore, revenue up 13%
Revenue from operations rose nearly 13% to rs 5398 crore, helped by a 22.4% rise in consolidated sales volumes
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Vedanta Q4 results: Net profit falls 27% to Rs 1,369 cr, revenue down 6%
Shares of vedanta closed trading at rs 380.80 on thursday following the company's q4fy24 results
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Glenmark Life Sciences Q4 results: Profit down 33% at Rs 97.9 crore
Revenue from its api business, its biggest, fell 8.6% in the fourth quarter, leading to a nearly 14% fall in its total revenue
Tag: Company India Source: business-standard.com Dated: 2024-04-25
FSSAI collects samples of Nestle Cerelac's baby cereals amid sugar row
Regulator says it take 15-20 days to complete the process, responds after news report on consumer goods company
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Air India Express offers discounted tickets to young first-time voters
The deal is available to first-time voters aged between 18 and 22, who have a valid voter id and are travelling to or from airports near their respective home constituencies
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Nestle India March quarter results: PAT up 27% at Rs 934 cr, revenue up 9%
Nestle india january-march quarter financial results: company announces a dividend of rs 8.50 per equity share
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Tech Mahindra and Bajaj Fin among 38 firms to report Q4 results today
Tcs, infosys, and wipro are it majors that have already declared their numbers for the quarter
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Godrej Electricals & Electronics secures orders over Rs 1,000 cr in FY'24
Godrej electricals & electronics on thursday said it has secured orders worth over rs 1,000 crore in financial year 2023-24 in power and infrastructure business. these orders predominantly entail both air insulated switchgear (ais) and gas insulated switch
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Happiest Minds Technologies to acquire PureSoftware for Rs 779 crore
It company happiest minds technologies ltd on thursday said it will acquire puresoftware technologies for a total consideration of usd 94.5 million (rs 779 crores). happiest minds technologies has signed definitive agreements to acquire 100 per cent of the
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Macquarie calls off plans to sell renewable energy company Vibrant Energy
The plan was called off due to a discrepancy in the valuation of vibrant energy, which has an enterprise value of 0 million
Tag: Company India Source: business-standard.com Dated: 2024-04-25
HUL rebrands Horlicks as 'functional nutritional drink', removes 'health'
Rebranding offers clearer and more transparent representation of the product category, says company
Tag: Company India Source: business-standard.com Dated: 2024-04-25
Syngene Q4 results: Net profit up 6% to Rs 189 cr, revenue declines 8%
Syngene international shares ended the day's trade on bse at rs 694.2 apiece, down one per cent
Tag: Company India Source: business-standard.com Dated: 2024-04-25
HUL Q4 result: Net profit slips 1.6% to Rs 2,558 cr, demand pickup expected
"we believe that the market is slowly returning to normal. if macros and monsoons do help the agri economy...then that will also add to the change," said jawa
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Spices Board inspects plants of MDH, Everest over alleged contamination
Mdh and everest spices are among the most popular in india and are sold in europe, asia and north america. exports totaled billion in 2022-23, according to the spices board, the industry regulator
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Supreme Court's whip in Patanjali case a wake-up call for the FMCG sector
Advertising professionals believe that the supreme court's action against patanjali would serve as a deterrent for other brands
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Polio vax supplies: Health secy visits OPV maker Bilthoven's Dutch plant
Bilthoven biologicals is an arm of serum institute of india that makes oral polio vax
Tag: Company India Source: business-standard.com Dated: 2024-04-24
LIC cautions public against misleading social media ads using brand name
Life insurance corporation (lic) on wednesday cautioned the public against certain individuals/entities engaging in fraudulent advertising practices on social media platforms by misusing the image of senior officials and the brand name and logo of the comp
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Goldman Sachs taps BofA bankers for India dealmaking roles: Reports
India is the world's second busiest ipo market this year after the united states, with bankers expecting more activity amid a paucity of deals elsewhere in asia, reuters reported last month
Tag: Company India Source: business-standard.com Dated: 2024-04-24
India's first multi-purpose green hydrogen pilot project inaugurated
India's first multi-purpose green hydrogen pilot project at 1,500 mw nathpa jhakri hydro power station (njhps) in himachal's jhakri was inaugurated on wednesday, according to satluj jal vidyut nigam (sjvn) officials. sjvn chairman and managing director gee
Tag: Company India Source: business-standard.com Dated: 2024-04-24
After Supreme Court rap, Patanjali Ayurved offers 'bigger' apology
In the latest advertisement, ramdev and his associate balkrishna expressed their sincere apologies
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Axis Bank Q4 results: Reports net profit at Rs 7,130 crore, NII rises 11%
Axis bank reported net loss of rs 5728.42 crore in the same period of the previous year
Tag: Company India Source: business-standard.com Dated: 2024-04-24
REC to extend Rs 1,869 cr loan for Kiru hydro project in Jammu & Kashmir
State-owned rec ltd on wednesday said it will provide a term loan of rs 1,869 crore for 624 mw kiru hydro electric project in kishtwar, jammu & kashmir. the loan will be utilized for development, construction and operation of the project on river chenab, a
Tag: Company India Source: business-standard.com Dated: 2024-04-24
IHC Q4 result: PAT rises 29% to Rs 438 cr, total income at Rs 1,951 cr
The indian hotels company ltd (ihcl) on wednesday reported a 29.36 per cent growth in consolidated profit after tax to rs 438.33 crore in the fourth quarter ended march 2024. the hospitality company had reported a profit after tax (pat) of rs 338.84 crore
Tag: Company India Source: business-standard.com Dated: 2024-04-24
KKR said to consider billion acquisition of Healthium Medtech: Report
Apax partners, which bought healthium in 2018, has been working with advisers to gauge interest in the business, the people said
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Lodha Q4 results: Net profit slips 10% to Rs 667 crore, FY24 profit up 300%
Realty firm macrotech developers reported its best ever quarterly and annual pre-sales performance with robust margins
Tag: Company India Source: business-standard.com Dated: 2024-04-24
LTIMindtree Q4 FY24: Net profit down 1.2% at Rs 1,100 cr; missed estimates
On the demand scenario, the management said that the firm expects q1 fy25 to report growth
Tag: Company India Source: business-standard.com Dated: 2024-04-24
AU Small Finance Bank's Q4 net profit dips by 13% to Rs 371 crore
The numbers are not strictly comparable as fincare sfb was merged with au sfb in the jan-march quarter
Tag: Company India Source: business-standard.com Dated: 2024-04-24
DCB Bank Q4 results: Net up 9% at Rs 156 cr, board approves Rs 500 cr QIP
The capital adequacy ratio of dcb bank stood at 16.59 per cent with tier-i at 14.53 per cent at the end of march 2024
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Dalmia Bharat Q4 results: Net profit declines to Rs 315 cr, beats estimates
Cement makers usually report strong sales volumes in the march quarter as they lower prices to clear year-end inventory backlogs
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Paytm Payments Bank's Mukund Barsagade joins Lendingkart as Group CFO
Mukund barsagade has previously worked with organisations such as ge capital, experian, transamerica, utkarsh small finance bank, and fino payments bank in various finance leadership roles
Tag: Company India Source: business-standard.com Dated: 2024-04-24
AT&T beats Q1 estimates for wireless subscriber additions, free cash flow
At&t added 349,000 net monthly bill-paying wireless phone subscribers in the first quarter, flying past expectations of 286,800 additions, according to five analysts polled by factset
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Vodafone Idea slumps 9% ahead of telecom company listing new shares
Firm's fpo saw nearly seven times more demand than shares on offer
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Macrotech Developers Q4: PAT down 11% to Rs 665 cr, FY24 profit up 300%
Realty firm macrotech developers on wednesday reported an 11 per cent decline in consolidated net profit to rs 665.5 crore in the march quarter. however, for the full fiscal year, the company registered a three-fold jump in profit to rs 1,549.1 crore. its
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Curbs on Kotak Mahindra Bank: How RBI has pulled up other firms in 5 years
Hdfc bank, bank of baroda and paytm payments bank have faced action for alleged regulatory violations
Tag: Company India Source: business-standard.com Dated: 2024-04-24
CPCL Q4 results: Net profit falls 39% to Rs 628 cr on foreign exchange loss
Chennai petroleum corporation ltd, a subsidiary of indian oil corporation (ioc), on wednesday reported 39 per cent drop in march quarter net profit on lower prices and foreign exchange loss. consolidated net profit of rs 627.89 crore in january-march fy24
Tag: Company India Source: business-standard.com Dated: 2024-04-24
Invesco agrees to pay Rs 5 cr to Sebi for settlement in MF violation case
In an inspection conducted in 2021, the market regulator found that there was no clear segregation of activities between portfolio management activities and mutual fund activities of the firm
Tag: Company India Source: business-standard.com Dated: 2024-04-24
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