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
Air India to induct first A350 aircraft in December: CEO Campbell Wilson

Air india has acquired this a350 aircraft through a lease transaction between its subsidiary ai fleet services limited (aifs), based in gift city, and the british bank hsbc
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Moody's upgrades Tata Power rating to Ba1, maintains stable outlook
According to a report from moody's, the rating upgrade to ba1 is driven by tata power's solid financial metrics, which are projected to remain above the upgrade trigger set for the earlier ba2 rating
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Dee Development Engineers seeks Sebi nod to raise funds through IPO
Piping solutions provider dee development engineers ltd has filed draft papers with capital markets regulator sebi to mop up funds through an initial public offering (ipo). the initial share sale comprises fresh issuance of equity shares worth rs 325 crore
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Godrej Properties acquires 109-acre land in Nagpur to expand business
Realty firm godrej properties ltd on friday said it has acquired around 109 acre of land parcel in nagpur to launch residential plots. in a regulatory filing, godrej properties informed that the development on this land will comprise primarily plotted resi
Tag: Company India Source: business-standard.com Dated: 2023-09-29
EKI Energy Services picks up 26% stake in WOCE Solutions for Rs 80 lakh
Eki energy services ltd on friday said it has completed the acquisition of a 26 per cent stake in woce solutions private limited (woce) for around rs 80 lakh. in march 2023, its board of directors approved to subscribe to 35,140 equity shares of rs 10 each
Tag: Company India Source: business-standard.com Dated: 2023-09-29
S&P Global Ratings downgrades Vedanta Resources, puts it on credit watch
Vedanta to spin off, list six businesses to fuel growth
Tag: Company India Source: business-standard.com Dated: 2023-09-29
NHAI can monetise Rs 2 trn from HAM assets during FY24-27: Report
The national highway authority has the potential to monetise around rs 2 lakh crore from its ham assets between fiscals 2024 and 2027, according to a report. the authority's roads hold significant potential for asset monetisation in the medium term, and th
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Vedanta to spin off, list six businesses to attract big-ticket investment
The six units being planned to be listed are vedanta aluminium, vedanta oil & gas, vedanta power, vedanta steel and ferrous materials, vedanta base metals and vedanta limited
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Vedanta raises funds at higher rates amid company rejig, say bankers
The company will offer a coupon of 12%, payable on a quarterly basis to investors of the issue, which is unrated, bankers said, adding that the coupon on an annualised basis works out to be around 13%
Tag: Company India Source: business-standard.com Dated: 2023-09-29
L&T Finance to provide up to 100% loan on Ather EV's on-road price
The amount of loan being financed will be determined based on the credit profile of the customer of ather energy
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Berger Paints expects margin stability amid rising crude oil prices
Berger paints india ltd, the country's second-largest paint manufacturer, does not foresee any significant impact on its profit margins despite the recent surge in crude oil prices, according to a senior company official. production of paint heavily depend
Tag: Company India Source: business-standard.com Dated: 2023-09-29
JioMart witnesses seven-fold increase in monthly orders through WhatsApp
With an end-to-end shopping experience within whatsapp, jiomart has been able to engage consumers hesitant to shop online, according to a company statement
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Novo Nordisk India head eyes 2026 Wegovy launch, warns against copycats
He urged patients not to buy copycat versions of wegovy, warning they could be unsafe
Tag: Company India Source: business-standard.com Dated: 2023-09-29
MEIL secures Rs 5,400 crore crude oil refinery project in Mongolia
Home-grown megha engineering and infrastructures ltd (meil) has secured a usd 648-million (about rs 5,400 crore) work order in mongolia. the order has been awarded by mongol refinery state owned llc, meil said in a statement on friday. "meil has clinched a
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Lupin gets EIR Status from US FDA for Nagpur Unit-1 manufacturing facility
The eir was issued following the facility's inspection conducted in july 2023
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Magicpin partners NCCF, ONDC to sell groceries at low price in Delhi-NCR
Hyperlocal e-commerce firm magicpin has partnered with government-backed nccf to sell groceries, including onions and pulses, through the open network for digital commerce at low price, the company said on friday. the partnership follows a collaboration of
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Hyderabad-based Megha Engineering gets 8 mn contract in Mongolia
Upon completion, the refinery is expected to process 1.5 million metric tons of crude oil annually, catering to mongolia's domestic demand for gasoline, diesel, aviation fuel, and lpg
Tag: Company India Source: business-standard.com Dated: 2023-09-29
L&T bags Rs 7,000 crore mega contract for underground road tunnel
Engineering and construction conglomerate larsen & toubro (l&t) on friday said it has bagged a mega order worth over rs 7,000 crore to design and construct an underground road tunnel. the project was won by heavy civil infrastructure business vertical of l
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Sony India says merger with Zee Ent likely delayed, to take few more months
(reuters) -japan's sony group corp said on friday a merger of its indian unit with zee entertainment enterprises, which was due to be completed by end-september, would likely take a few more months.
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Hindustan Zinc plans to create separate entities for its commodities
Hindustan zinc ltd said in a statement that it would create different legal entities for its zinc & lead, silver, and recycling businesses
Tag: Company India Source: business-standard.com Dated: 2023-09-29
DHL Express to hike prices for parcel deliveries by 6.9% from next year
Logistics firm dhl express will hike the prices for parcel deliveries by an average of 6.9 per cent in india from next year as part of its annual price adjustment exercise, the company said on friday. prices are adjusted on an annual basis, taking into con
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Adani partnership remains steadfast: IHC on Adani units' stake sale
Ihc said that it continually strives to enhance shareholder value and additional information about the transaction will be included in its quarterly financial disclosure
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Jalan Kalrock Consortium infuses Rs 100 crore in cash-strapped Jet Airways
Jkc also said it is expecting the airline to be up and running next year with the launch date likely to be announced in the next few days
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Air India completes acquisition of its 1st A350 aircraft through GIFT City
Air india on friday said it has completed the acquisition of its first a350-900 aircraft by way of a finance lease transaction with hsbc through the gift city. this is also the first wide body aircraft to be leased through the gift city, the country's firs
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Startups form 40-member task force to take on Google Play Billing System
Google will soon make a presentation before the task force and it will then decide the further course of action
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Ambani's JioCinema to appoint former Google Manager Kiran Mani as CEO
Mani formerly ran google's android operations in the asia pacific region
Tag: Company India Source: business-standard.com Dated: 2023-09-29
Godrej Properties buys 109-acre land in Nagpur, to launch residential plots
Realty firm godrej properties ltd on friday said it has acquired around 109 acres of land parcel in nagpur and will launch residential plots. in a regulatory filing, godrej properties informed that the development on this land will comprise primarily plott
Tag: Company India Source: business-standard.com Dated: 2023-09-29
OneWeb merges with French Eutelsat to form new global satcom major
Bharti enterprises chairman sunil bharti mittal will be the co-chair of the new entity while shravin bharti mittal will be a director on the board of eutelsat group and bharti's lead
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Bhilai Steel Plant, Ramcharan tie up for carbon capture joint venture
This will lead to an investment of rs 6,000 crore in the form of equipment from ramcharan
Tag: Company India Source: business-standard.com Dated: 2023-09-28
CDIL becomes first Indian firm to produce Silicon Carbide components
Electronic component maker cdil has become the first company in india to start manufacturing silicon carbide semiconductors for use in high power-consuming technology products. while speaking on the sidelines of the launch of the company's new surface moun
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Wave Group to invest Rs 100 crore to expand film exhibition business
Realty firm wave group on thursday said it will invest around rs 100 crore to expand its film exhibition business by adding 35 screens. wave group, which operates 10 multiplexes and 42 screens under the m3m brand, on thursday opened a seven-screen multiple
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Air India to roll out new uniforms for frontline employees by December
The tata group took charge of air india in january last year. currently, the conglomerate is in the process of merging vistara into air india
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Over 8 million customers expected to shop during Myntra's festive sale
With over 23 lakh styles from more than 6000 brands, the fourth edition of the myntra bff offers one of the biggest assortments of selections across fashion, beauty, and lifestyle ever
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Emami enters into definitive agreement to acquire 26% of Axiom Ayurveda
Axiom has its own manufacturing facility in ambala, haryana and is setting up a fully automated new facility in jammu (kathua) at a cost of rs 160 crore
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Sun Pharma to buyout local partner Indi Pharma in Mexican subsidiary
Sun pharmaceutical industries ltd on thursday said it will buy out local partner indi pharma from its mexican arm for mxn 161.85 million (over rs 75 crore). the company has signed a binding letter of intent to acquire the balance 25 per cent outstanding sh
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Manipal Hospitals launches SOS QR Code to hail ambulance services faster
In an attempt to save lives and provide first aid faster during medical emergencies, manipal hospitals on thursday launched an advanced sos qr code through which one can avail ambulance service at the earliest in times of distress. manipal hospitals has st
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Asian Paints co-founder & non-executive director Ashwin Dani passes away
Dani embarked on his career in 1967 as a development chemist with inmont corp, now known as basf, an industrial coatings manufacturer based in detroit, usa
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Brookfield to invest 0 mn in development of renewable energy projects
Axis energy ventures will contribute its extensive portfolio of wind and solar projects at varying stages of development across the country to the venture, said a statement
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Fintech firm CRED launches vehicle management platform 'CRED Garage'
The feature will be available within the cred app
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Swiss packaging firm SIG to set up first aseptic carton plant in Ahmedabad
Global packaging solutions provider sig will set up its first aseptic carton plant in india at horizon industrial parks' facility in ahmedabad. sig is partnering with horizon industrial parks to set up its first aseptic carton plant in india, according to
Tag: Company India Source: business-standard.com Dated: 2023-09-28
HP partners with Google to manufacture Chromebooks for Indian market
The devices manufactured in india will be sold solely in the indian market and will not be exported to other countries
Tag: Company India Source: business-standard.com Dated: 2023-09-28
BNP Paribas upbeat on India bonds after JPMorgan inclusion, sees 10-yr high
"the muted reaction currently is due to weak global risk appetite," sambor, who said inflows could rise if india becomes a part of other global indices
Tag: Company India Source: business-standard.com Dated: 2023-09-28
SBI to encourage corporates to implement emission reduction technology
State bank of india, the country's largest lender will encourage corporates to implement emission reduction technologies and get better terms for availing finance, an official of the bank said on thursday. ashwini kumar tewari, the managing director (risk,
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Sebi penalises YES Securities for wrong reporting of margin, discrepancies
Capital markets regulator sebi has imposed a penalty of rs 5 lakh on yes securities (india) ltd for wrong reporting of margin and discrepancy in the computation of client's net worth. it has been directed to pay the fine within 45 days, the securities and
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Mubadala in talks with Temasek for stake buy in Manipal Hospitals
The fund is holding talks with singapore's temasek, which spent billion in april to raise its stake in manipal to 59% from 18% in the biggest hospital sector deal in india
Tag: Company India Source: business-standard.com Dated: 2023-09-28
ONGC inks pact with NTPC Green for renewable energy projects
State-owned oil and natural gas corporation (ongc) has signed an initial agreement with ntpc green energy ltd to explore setting up green hydrogen and offshore wind projects. the memorandum of understanding (mou) "will primarily explore the feasibility and
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Third Wave Coffee raises mn in series C funding round led by Creaegis
Third wave coffee is present in several major indian cities, including bangalore, mumbai, delhi, gurgaon, pune, hyderabad, noida, coonoor, and chandigarh
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Accenture forecasts first-quarter revenue below Wall Street estimates
Infosys halved its full-year revenue forecast in july, citing delayed decision-making on future projects from clients, while tata consultancy services also flagged soft demand
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Govt, IBM ink 8 MoUs to provide courses for youth in future-ready skills
Agencies of the ministries of education and skill development and entrepreneurship have signed eight agreements with ibm under which curated courses will be provided to empower youth in india with future-ready skills. minister of education and skill develo
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Global food, beverage market shrinking since start of year: Nestle
Large consumer goods companies have grown sales through sharp price rises in recent quarters, and many have suffered declines in volumes
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Shares of Finolex Cables jump over 6% after Supreme Court judgement
Shares of the company last traded at rs 1,194, up 6.6 per cent over its previous day's close. experts said traders are lapping up the stock in anticipation of a change in guard at the company
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Ashwin Dani, credited for success of Asian Paints, passes away at 79
It was ashwin dani who pioneered the idea of computerised colour matching in the indian paint industry
Tag: Company India Source: business-standard.com Dated: 2023-09-28
GreenCell, SCB ink green financing deal for Surat E-Mobility project
Electric mobility player greencell mobility on thursday said it has signed a green financing deal with standard chartered bank for its rs 125-crore surat e-mobility project. surat e-mobility project consists of 150 electric buses in gujarat and aims to red
Tag: Company India Source: business-standard.com Dated: 2023-09-28
DCM Shriram raises Rs 200 cr from HSBC India as sustainability linked loan
Dcm shriram, which has a presence in sugar, fertiliser and chemical businesses, has raised a sustainability linked loan (sll) of rs 200 crore from hsbc india to fund its capex plan in gujarat. this strategic financial move is aimed at supporting the compan
Tag: Company India Source: business-standard.com Dated: 2023-09-28
P&G India announces Rs 300 cr fund for startups for supply chain solutions
Fmcg maker procter & gamble india on thursday announced a rs 300 crore fund to collaborate with external partners and innovators for co-creating solutions for a modern supply chain ecosystem. p&g supply chain catalyst fund will provide an opportunity to st
Tag: Company India Source: business-standard.com Dated: 2023-09-28
SAIL expects four coking coal ships of 75,000 tonnes each from Russia
Sail said it was working on doubling coking coal production capacity in international coal ventures private limited (icvl) at mozambique
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Cooperating with authorities, promise all support: Lenovo on I-T searches
Chinese pc maker lenovo on thursday said it is cooperating with authorities and promised all support in the matter of searches carried out by income tax department at its premises. the department conducted searches at lenovo's gurugram and bengaluru premis
Tag: Company India Source: business-standard.com Dated: 2023-09-28
HP partners with Google to make Chromebooks in India from next month
Pc maker hp has joined hands with google to manufacture chromebooks in india from october 2, the company said on thursday. the chromebook devices will be manufactured at the flex facility near chennai, where hp has been producing a range of laptops and des
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Amara Raja Batteries rebrands as Amara Raja Energy & Mobility Ltd
The name change aims to better reflect the expansion of the organisation and encompass the range of solutions and products offered such as renewable energy storage solutions and ev chargers
Tag: Company India Source: business-standard.com Dated: 2023-09-28
Adani group appoints new auditor for its main UK subsidiaries: Report
Mumbai (reuters) - india's adani group has switched the auditor of its main uk subsidiaries to the smaller london-based firm ferguson maidment & co after previous auditor crowe uk resigned in march, ft reported.
Tag: Company India Source: business-standard.com Dated: 2023-09-28
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