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

Prasun Sikdar appointed as MD, CEO of Bima Sugam India Federation for 3 yrs

Prasun Sikdar appointed as MD, CEO of Bima Sugam India Federation for 3 yrs

Sikdar's appointment as md and ceo was approved by the insurance regulatory and development authority of india
Tag: Company India    Source: business-standard.com   Dated: 2024-10-16

Tata Group plans to generate 500,000 jobs in 5 years: N Chandrasekaran

Tata Group plans to generate 500,000 jobs in 5 years: N Chandrasekaran

He mentioned that the country has growth momentum and per capita incomes are rising
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Avaada Energy closes Rs 597 crore refinancing for solar projects

Avaada Energy closes Rs 597 crore refinancing for solar projects

The refinancing was secured from niif infrastructure finance limited (niif ifl), an infrastructure debt fund dedicated to refinancing operational infrastructure projects
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Macrotech acquires 7 land parcels to build Rs 16,600 cr housing projects

Macrotech acquires 7 land parcels to build Rs 16,600 cr housing projects

Realty firm macrotech developers has acquired seven land parcels in mumbai metropolitan region (mmr), pune and bengaluru to develop housing projects with an estimated revenue potential of rs 16,600 crore. mumbai-based macrotech developers, which markets it
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Mastercard opens new Tech Hub in Pune to drive growth and innovation

Mastercard opens new Tech Hub in Pune to drive growth and innovation

The new pune tech hub augments mastercard's growing presence in india, which spans offices in gurugram, mumbai, hyderabad, bengaluru, and vadodara
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

IBM acquires Prescinto for renewable energy asset performance management

IBM acquires Prescinto for renewable energy asset performance management

Prescinto's apm capabilities help organisations simplify operations and maintenance to maximise roi
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

PVR Inox Q2FY25 results: Multiplex firm swings into red at Rs 11.8 cr loss

PVR Inox Q2FY25 results: Multiplex firm swings into red at Rs 11.8 cr loss

Pvr inox said it expects to add 110-120 screens in the year ending march 2025. so far this fiscal year, it has added 71 and closed 42 screens
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Tata Digital launches life insurance products on Tata Neu with Tata AIA

Tata Digital launches life insurance products on Tata Neu with Tata AIA

Like in other offerings, customers buying insurance products will also earn neucoins, which can then be redeemed across the tata ecosystem
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Bank of Maharashtra Q2 results: Profit surges 44% to Rs 1,327 crore

State-owned bank of maharashtra (bom) on tuesday posted a 44 per cent jump in its profit at rs 1,327 crore in the second quarter ended september 2024 on account of improvement in interest income. the pune-based lender had posted a net profit of rs 920 cror
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

TVS Credit Services Q2 results: Net profit increases 20% to Rs 161 cr

Leading non-banking finance company tvs credit services ltd has recorded a 20 per cent rise in the profit after tax for the july-september quarter at rs 161 crore. the company had posted a profit after tax of rs 134 crore during the corresponding quarter o
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

VA Tech WABAG wins Rs 1,000 cr order from Indosol for desalination plant

Water treatment player va tech wabag ltd has bagged an order worth rs 1,000 crore from indosol solar pvt ltd to set up a sea water desalination plant, marking its foray into the solar photo-voltaic segment. according to the city-headquartered firm, the sco
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Govt issues guidelines to prohibit greenwashing, misleading green claims

The government on tuesday unveiled comprehensive guidelines to regulate greenwashing and misleading environmental claims by companies, aiming to protect consumers and promote transparency in eco-friendly marketing. greenwashing refers to claims by companie
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

HDFC Life Q2FY25 results: Net profit rises nearly 15% to Rs 433 crore

Its value of new business (vnb) increased 17.1 per cent y-o-y to rs 938 crore in q2, compared to rs 801 crore in the year-ago period
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Cut-throat competition forces Blinkit to revise 'zero notice' policy

Facing pressure from rivals such as zepto, flipkart, and swiggy, which are aggressively competing to attract and retain top talent, blinkit has extended its notice period policy from zero to 2 months
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Shapoorji Pallonji Real Estate, Kanodia to develop 1.74 acre luxury project

Shapoorji pallonji real estate (spre) has formed a joint venture with kanodia group's real estate venture kreeva to develop a luxury residential project in gurugram. the land is located at sector 46, gurugram. spanning across 1.74 acres, the project will c
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

HDFC AMC Q2 results: Net profit rises 32% to Rs 577 cr, total income up 38%

Hdfc asset management company (amc) on tuesday reported a 32 per cent year-on-year growth in profit after tax (pat) to rs 576.61 crore for the three months ended september 2024. the hdfc amc's profit after tax stood at rs 436.52 crore in the same quarter o
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Wipro's hybrid policy: Employees to work from office three days a week

The company's new work policy allows employees to choose their in-office days based on collaborative needs, while retaining the flexibility to work remotely on the remaining days
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Elon Musk takes on Ambani over satellite spectrum allocation in India

The disagreement centres around whether satellite broadband spectrum should be auctioned or administratively allocated in india
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

DGCA removes 'enhanced surveillance' of SpiceJet after fund infusion

Random spot checks of low-cost carrier's operational aircraft will continue, says regulator
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Unique Indian way of progress needed to become global leader: TVS chairman

India needs to build its "unique indian way of progress" to position itself as a global leader and a place to go for high quality services and products, tvs motor company chairman emeritus venu srinivasan said on tuesday. in his address at a symposium orga
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Fundraise allowed VIL's capex cycle, places firm on secure footing: Birla

The fundraise by vodafone idea enabled the telco to kick-start its capex cycle again, and that alongside other key initiatives will place it on a "more secure footing" to ensure that the company remains dynamic and competitive, aditya birla group chairman
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Adani Group returns to dollar market with new green bond sale initiative

Dollar bond sales from indian issuers are running at their highest in three years, with companies raising about billion so far in 2024, as spreads on dollar debt hover near their lowest in decades
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

All satcom providers must be treated alike in India: Sunil Mittal

Government strategy must make india self-sufficient in artificial intelligence, says akash m ambani
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Tata to create 500,000 manufacturing jobs in 5 years: N Chandrasekaran

India's manufacturing sector saw a 7.4 per cent rise in employment, with 1.3 million new jobs created in fy23
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Noel Tata's new role may end feud with Shapoorji Pallonji Group; here's how

Relations between tata sons and shapoorji pallonji group have been strained since 2016, following the ousting of cyrus mistry
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Nvidia's stock skyrockets amid AI boom: Will Apple fall from the top?

Nvidia, which briefly held the title of the most valuable company in june, saw its market value surge to .39 trillion on monday
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

SpiceJet settles .39 mn dispute with Aircastle, Wilmington Trust

Budget carrier spicejet on tuesday said it has successfully settled a usd 23.39 million dispute with two aircraft lessors -- aircastle and wilmington trust, days after amicably resolving a similar dispute with a us-based aircraft leasing firm, bbam. as par
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Beauty products platform Purplle raises Rs 1,500 cr in funding round

Subsidiary of abu dhabi investment authority leads in committing investment
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Tatas set to expand Air India Express fleet with Air India, Vistara planes

Air india express will receive 17 airbus a320 neo planes from air india and 10 from vistara after their merger, with the transfer expected to be completed by mid-2025
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Reliance eyes completing merger with Disney's India business in Q3

The merger of media assets of reliance industries and the india business of global media house the walt disney is expected to be complete by the end of the third quarter of this fiscal, according to a regulatory filing by billionaire mukesh ambani-led grou
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Festival season, discounts boost Ola Electric's daily average sales

This pricing strategy positions ola electric as a formidable contender, making it a tough act to follow in the competitive landscape, said market observers
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

US-based Capital group divests 1.7% stake worth Rs 148 cr in IT firm Mastek

Financial services company capital group on tuesday divested a 1.7 per cent stake in it firm mastek for over rs 148 crore through an open market transaction. according to the bulk deal data available on the bse, us-based capital group through its arm smal
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Tata AIA Life nets Rs 25 cr premium since starting policy sale on Neu App

Tata aia life on tuesday said it has netted an annualised premium of rs 25 crore within three months of starting to distribute policies on the tata neu app. customers can get insurance policies in three clicks on the tata group's super app, according to a
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

PVR Inox to find its comeback role in Q4, says CFO Gaurav Sharma

Pvr inox to hit play on profitability with big releases, bigger footfall
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Bhavish Aggarwal-founded Krutrim AI's business head Ravi Jain resigns

The business head of bhavish aggarwal-founded artificial intelligence startup krutrim ai, ravi jain, has quit, according to sources. jain exited the company after putting in around three years, marking another high-profile exit from the bengaluru-headquart
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

A general framework for Cloud-driven AI needed, says Jio executive

Jio aims to provide subscription-based ai services to small businesses across sectors
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Rallis India Q2FY25 results: Net profit increases 19.5% to Rs 98 cr

Rallis india, a subsidiary of tata chemicals, on tuesday reported a 19.51 per cent growth in net profit during the quarter ending september 30 to rs 98 crore compared to the same period in the previous financial year. the company's net profit stood at rs 8
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Creditors delayed resolution process for Jet Airways: Winning bidder to SC

Jalan kalrock consortium (jkc), which was handed over the grounded air carrier jet airways, on tuesday informed the supreme court that the creditors had delayed the resolution process by raising pleas at every stage of compliance. the national company law
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Adani Energy Solutions acquires 2 SPVs from PFCCL for about Rs 38 cr

Adani energy solutions ltd (aesl) on tuesday said it has acquired two project special purpose vehicles from pfc consulting ltd for cash consideration of about rs 38 crore. in two separate bse filings, aesl stated that on october 14, 2024 it executed share
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Govt to sell up to 5% stake worth Rs 2,026 crore in Cochin Shipyard

The floor price for the sale is 1,540 rupees, an 8% discount to the stock's tuesday close, the filing showed. at this price, the stake is valued at rs 2,026 crore (1.2 million)
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

CCI clears Central Bank of India's stake acquisition in Future Generali

Fel holds direct and indirect investments in the general insurer, future generali india insurance company limited, which is a joint venture between the company and genera group
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Neuron7.ai secures million in Series B led by Smith Point Capital

The firm operates in bengaluru and plans to scale operations in india, targeting 10x growth in 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Not price cut, but festive discounts: Ola Electric on ARAI notice

The boss sale of ola is already under regulatory scanner as the automotive research association of india (arai) has raised concerns over the company's recent pricing practices
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Aditya Birla Sun Life AMC plans AIF expansion with private credit schemes

The amc expects the private credit segment to grow to .5 trillion by 2028 in india
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Bank of Maharashtra Q2 results: Net profit up 44% on healthy NII growth

Expects net to cross rs 5,000 cr for fy25
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Birla confident of VIL turnaround; fundraise, capex cycle bolster telco

Fundraise and subsequent capex cycle have placed vodafone idea on a more secure footing, ensuring it remains dynamic and competitive, aditya birla group chairman kumar mangalam birla said on tuesday exuding confidence about the telco scripting a turnaround
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Newgen Software Technologies Q2 results: PAT rises 47.2% to Rs 70.3 cr

Newgen software technologies on tuesday reported a 47.19 per cent year-on-year increase in consolidated net profit to rs 70.33 crore in the september quarter. it had posted a net profit of rs 47.78 crore in the year-ago period. revenue for the second quart
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

37-day strike by workers at Samsung's Sriperumbudur unit finally ends

During the conciliation talks, representatives from both the management and the striking workers agreed that all workers would immediately call off the strike and return to work
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

Jaguar Land Rover retail sales rise 36% to 3,214 units in Apr-Sep

Jaguar land rover on tuesday said its retail sales rose 36 per cent year-on-year to 3,214 units for the first six months of the current fiscal. the strong sales performance in the april-september period was led by robust offtakes in both first and second q
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

India has opportunity to create next gen innovative products: Boeing

India has a tremendous opportunity to merge its engineering capabilities with great quality to create the most innovative products of the next generation, boeing india president salil gupte said on tuesday. the country's companies must also look at moving
Tag: Company India    Source: business-standard.com   Dated: 2024-10-15

SC revives Adani's Rs 27K cr insolvency resolution for KSK Mahanadi project

The lenders have made claims of rs 29,330 crore against ksk mahanadi, which was sent for debt resolution in 2020 after the firm defaulted on its debt payments
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

Jewellery retailer GIVA raises Rs 255 cr in Series B funding round

Jewellery retailer giva on monday said it has raised rs 255 crore in a funding round, as it looks to expand its offline presence and bolster its lab-grown diamond offerings. the extended series b funding round was led by premji invest, epiq capital, and ed
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

Reliance Retail Q2FY25 results: Net profit rises 5% to Rs 2,935 crore

Revenue down due to weak performance in fashion and lifestyle business
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

Anil Ambani challenges Sebi's Rs 625 crore penalty in SAT over RHFL case

Sebi also added that it will determine the quantum of illegal gains made by the alleged fraudulent schemes, and further action may be initiated accordingly
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

RIL Q2FY25 results: PAT down 4.8% at Rs 16,563 cr, misses estimates

This is the third consecutive quarter the company has reported a decline in profits owing to weakness in its oil-to-chemicals (o2c) business. ril's q2 profits also missed street estimates
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

Jio Platforms Q2 results: Higher tariffs lift profit by 23% to Rs 6,539 cr

Arpu rises to rs. 195.1 after 4 quarters, but subs fall after 7-quarter growth streak
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

Tata Capital, Tata Motors Finance merger receives RBI's approval

Through this merger, tata capital aims to attract new customers in the rapidly growing commercial vehicle and passenger car financing segments
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

Atul Greentech partners with Jio Platforms for electric vehicle solutions

Atul auto subsidiary atul greentech on monday said it has partnered with jio platforms ltd (jio) to offer electric vehicle solutions to its customers in domestic and global markets, including south america, the european union and eastern africa. the partne
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

De-risking loan portfolio likely top priority for new Bandhan CEO

The bank has been maintaining a net interest margin of 7.6 per cent in both quarters of fy25 and q4 of fy24
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

Payments major PhonePe launches firecracker insurance policy for Diwali

The plan can be purchased on the phonepe app and provides coverage to families by insuring up to four family members, including the user, their spouse, and up to two children
Tag: Company India    Source: business-standard.com   Dated: 2024-10-14

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