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

Amazon partners with Startup India, DPIIT to enhance startups growth

Amazon partners with Startup India, DPIIT to enhance startups growth

Amazon india has partnered with startup india, under the aegis of the department for promotion of industry and internal trade (dpiit), to help startups scale growth through e-commerce. through a dedicated page on the startup india portal, the e-commerce fi
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Airtel's AI-powered spam detection brings relief to Tamil Nadu customers

Airtel's AI-powered spam detection brings relief to Tamil Nadu customers

A dual-layered protection system, the solution has two filters - one at the network layer and the second at the it systems layer
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

60% of unicorn founders in India are first time founders, says study

60% of unicorn founders in India are first time founders, says study

29% founder took two attempts to build their first unicorn
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Hacker builds website to leak insurer Star Health's data days after lawsuit

Hacker builds website to leak insurer Star Health's data days after lawsuit

While it's unclear if the website was made by the same individual star health sued, the hacker claims that a senior star health official sold the data and later tried to renegotiate terms
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption

It giant infosys on wednesday announced expansion of its partnership with microsoft to help drive global customer adoption of generative ai and microsoft's cloud platform azure. additionally, infosys will also act as a strategic supplier to support cloud a
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Hinduja Leyland Finance receives 'AA+/Stable' rating boost from CRISIL

Hinduja Leyland Finance receives 'AA+/Stable' rating boost from CRISIL

The company said that the upgraded rating reinforces its long-term financial stability and prudent governance practices
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

JSW Infra receives LoI to develop port project worth over Rs 4,000 cr

JSW Infra receives LoI to develop port project worth over Rs 4,000 cr

The multi-purpose port in maharashtra will handle captive, bulk, and dry bulk cargo
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Airtel detects 112 mn spam calls in Tamil Nadu using AI-powered system

Airtel detects 112 mn spam calls in Tamil Nadu using AI-powered system

Bharti-airtel has identified over 112 million potential spam calls and 3 million spam short messaging services in tamil nadu in the last 12 days of the launch of its ai powered spam detection system, a company official said. the telecom major has establish
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

US considers breaking up Google over online search monopoly: What it means

The us antitrust body has acknowledged google's decade long domination on popular distribution channels, due to which its rivals have little-to-no incentive to compete
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

'Buyers opting for lighter, more affordable pieces amid rising gold prices'

Despite the increase in gold prices, the enduring appeal of gold during festive seasons and weddings remains strong
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Standard Chartered India CEO Zarin Daruwala to retire in April 2025

Daruwala, who is one of the two female heads of large foreign banks in the country, joined the lender in 2016 as ceo for india
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

IRB Infrastructure to raise debt of up to 0 million via bond issue

As per the company's stock exchange filing, the amount is to be raised 'to meet the company's financial requirements'
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

NeoLiv buys 12 acre land at Alibaug to develop Rs 400 cr housing project

Realty firm neoliv has bought 12-acre land at alibaug near mumbai to develop a luxury housing project with a sales potential of around rs 400 crore. the company did not disclose the land deal value and name of the seller. in a statement on wednesday, neoli
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Varun Beverages to raise Rs 7,500 cr through QIP to fund expansion plans

Varun beverages, the leading bottler of beverage major pepsico, has plans to raise rs 7,500 crore from the market through qualified institutional placement (qip) route to fund its growth plans. the board of the company in a meeting held on wednesday approv
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Signature Global Q2 bookings jump nearly 3-fold on strong housing demand

Realty firm signature global has achieved a nearly three-fold increase in its sale bookings to rs 2,780 crore during the second quarter of this fiscal year on better demand for its housing projects. its sale bookings or pre-sales stood at rs 980 crore in t
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Swiggy's 1 mn Esop plan benefits top brass before .25 bn IPO launch

The esop grants have a vesting period ranging from one to eight years, meaning that the actual value of the stock awards will depend on swiggy's performance post-ipo
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Tata Electronics names Bobby Mitra as CIO, president for AI transformation

He will advance tata electronics' technology and manufacturing capabilities, says company
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Vivo PMLA case: Patiala House Court grants bail to CA Rajan Malik

This case also involves other individuals, including lava international's former managing director hari om rai, chinese national guangwen (andrew kuang), and chartered accountant nitin garg
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Tata Electronics appoints Bobby Mitra as CIO & prez of AI, digital wing

Tata electronics on wednesday said it has appointed bobby mitra as chief information officer (cio) and president of ai and digital transformation. in this role, mitra will drive enterprise-wide initiatives in ai and digital transformation for electronic ma
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Uber's India based tech team helps cut down app localisation time, costs

The ride-hailing firm's india based tech tech teams transform 85% of app localisation process to touchless
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Samsung India workers reject settlement offer, strike enters second month

Samsung this week made a proposal to provide a monthly incentive of rs 5,000 () until march, more air conditioned buses, a diversified cafeteria menu and a gift card of in case of a child birth
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

NCLT directs initiation of insolvency proceedings against Syska LED Lights

The national company law tribunal (nclt) has has directed to initiate insolvency proceedings against syska led lights, admitting the plea filed by its operational creditor -- sunstar industries. syska led lights, part of pune-based ssk group, operates in s
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Tata Power seeks Rs 21,000 crore wind turbine bids for 3 GW green push

Tata power is seeking bids for over 3 gigawatts (gw) of wind turbines, with the possibility of increasing the capacity to 5 gw over the next five years
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Byju's affiliate drained cash from US units, violating bankruptcy rules

Money that should be used to repay creditors was instead siphoned off to whitehat education technology, a court-approved trustee for the affiliates said in court papers
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Embassy Reit raises Rs 2,000 crore to repay NCDs maturing in October

Embassy office parks reit has raised rs 2,000 crore debt to repay non-convertible debentures maturing this month. in a regulatory filing on tuesday, embassy reit said it has raised "rs 2,000 crore of coupon-bearing debt at an interest rate of 7.95 per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-10-09

Daewoo targets Rs 500 cr revenue by FY27, plans to launch over 100 products

Korean brand daewoo on tuesday said it has set the target of achieving a revenue of rs 500 crore by fy27 from india business and plans to launch over 100 products across multiple categories. besides, the company is also looking to launch its own branded st
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Foxconn firm Yuzhan Technology to invest Rs 13,180 crore in Tamil Nadu

The unit is expected to generate at least 14,000 jobs. interestingly, of the 14 existing manufacturing units in the apple supply chain, seven are already in tamil nadu
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Will back grounded planes to service in 24 months: SpiceJet to DGCA

Sources indicate that the airline informed the regulator that seven of the 36 grounded planes would be returned to service by the end of the year
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

CITU strike at Samsung unit continues for 30th day despite pay hike

Citu sticking to its demand regarding union recognition and talks with its leaders
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Magicpin largest food delivery app on ONDC, logs 150,000 orders daily

Hyperlocal delivery startup says performance in september proves growing market share in major cities
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Amneal Pharma to invest Rs 1,600 crore in Gujarat to make GLP-1 drugs

Globally, there is a shortage of this new class of diabetes and obesity treatment
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Malaysia Airlines to resume Kuala Lumpur-Kolkata flights on December 2

Malaysia airlines will restart direct flights between kuala lumpur and kolkata from december 2 as the carrier boosts its services to india. currently, the airline connects kuala lumpur directly with nine indian cities -- new delhi, bengaluru, mumbai, chenn
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Paytm Money launches BSE F&O trading to expand wealth management services

The platform will enable users to trade both nse and bse f&o contracts in one app.
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Sobha Q2 sales bookings fall 32% to Rs 1,178 cr despite strong demand

Realty firm sobha ltd has posted a 32 per cent decline in its sale bookings to rs 1,178.5 crore during july-september quarter despite strong housing demand. in a regulatory filing on monday, bengaluru-based sobha ltd informed that its sale bookings stood a
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Wave Group targets over Rs 500 cr from new Ghaziabad housing project

Realty firm wave group is expecting more than rs 500 crore revenue from a new luxury housing project in its 4,200-acre township in ghaziabad, uttar pradesh. the company has launched a new project 'eden', spread across 5.2 acres, wave group said in a statem
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Not applying for benefits under India's new EV policy in near term: BYD

Chinese electric vehicle maker byd is not ready to apply for benefits in the short term under india's new ev policy announced earlier this year that seeks to attract global manufacturers to the country, a senior company official said on tuesday. the compan
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Tata Motors reports 11% decline in global wholesales to 304,189 units in Q2

Tata motors on tuesday reported an 11 per cent decline in group wholesales, including jaguar land rover, at 3,04,189 units in the second quarter of the ongoing fiscal as compared to the same period last year. global wholesales of tata motors passenger vehi
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Gujarat based Jubilant Ingrevia joins WEF's Global Lighthouse Network

A gujarat facility of jubilant ingrevia on tuesday became the latest indian firm to join the world economic forum's global lighthouse network, a cohort of industry leaders transforming manufacturing with ai innovation. india-based units of renew, cipla, ce
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Magicpin records 15-times order growth on ONDC network in 15 months

Hyperlocal e-commerce firm magicpin on tuesday said it has crossed the 1.5 lakh-mark for daily order of food and logistics services on the government-backed ondc platform, registering a 15-times growth over 15 months. magicpin joined the open network for d
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

BigBasket, Urban Company lead in fair pay; most platforms fall short

Booming gig economy, dismal pay: fairwork report reveals only two out of 11 major online platforms ensure their workers earn at least the local minimum wage after deducting work-related expenses
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Vodafone Idea in talks with DoT to ease bank guarantees for older spectrum

Vodafone idea is in talks with the department of telecommunications to remove bank guarantee requirements for spectrum acquired before 2022, seeking relief amid ongoing regulatory pressures
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Agri biotech firm BioPrime raises mn in Series A funding led by Edaphon

Startup founded in 2016 say it will use the investment for crop protection research, products
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

SpiceJet to add 10 aircrafts by next month; first plane induction on Oct 10

Domestic carrier spicejet on tuesday said it will enhance its fleet by another 10 aircraft by next month with the first plane set to be inducted on october 10. seven of these aircraft will be acquired on lease, while three previously grounded ones are bein
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

IndoSpace looking to invest Rs 4,500 cr logistics and warehouse parks in TN

Logistics parks operator indospace on tuesday said it is looking to bolster its presence in the manufacturing sector with an increased investment plan of up to rs 4,500 crore in new logistics and warehouse parks in tamil nadu. a leading developer of grade
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Reliance Retail enters quick commerce, challenges Blinkit, Swiggy Instamart

With plans to expand to 1,150 cities and deliver groceries in just 10-30 minutes, reliance is set to shake up the market, offering customers speed, convenience, and savings
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Airtel in talks to buy Tata Play as digital TV industry sees shake-up

The dth market faces pressure as consumers shift to over-the-top (ott) streaming services and cheaper options like doordarshan's free dish, forcing traditional operators to seek growth opportunities
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Ola Electric acknowledges getting CCPA notice on consumer complaints

Won't impact operations or finance, says company after founder's social media spat with stand-up comedian
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Major cement firms compete to acquire HeidelbergCement India's stake

The german building materials company heidelberg materials ag holds a 69.39 per cent stake in its indian subsidiary, which, at current market rates, is valued at approximately rs 3,437 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Andrew Ng's AI fund makes first India investment with healthcare firm Jivi

Jivi, based out of the northern indian city of gurugram, uses ai to suggest potential diagnoses and treatments, generate health reports and perform administrative tasks, the fund said
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Essar aims to turn Stanlow into world's 1st decarbonised green refinery

Essar group will turn the uk's stanlow refinery into the world's first decarbonised green refinery as it plans to use blue hydrogen for meeting heating and power needs of the unit, cutting carbon emissions by as much as 95 per cent, a top official said tue
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

CCI approves JM Financial's 43% stake buy in JM Fin Credit Solutions

Fair trade regulator cci on tuesday cleared jm financial's proposed acquisition of a 43 per cent stake in jm financial credit solutions ltd. jm financial credit solutions is an rbi-registered systemically important non-deposit-taking non-banking finance co
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

IRB Infra's toll revenue collection rises 19% to Rs 502 crore in Sep

Irb infrastructure on tuesday posted a 19 per cent year-on rise in its toll revenue to rs 502 crore in september. revenues from the toll collection business stood at rs 421 crore in the same month last year, irb said in an exchange filing. out of its 17 to
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

BIF opposes Jio's demand of revising consultation paper on Satcom rules

Industry body broadband india forum on tuesday opposed reliance jio's demand for revising the consultation paper on satcom spectrum rules. reliance jio has urged telecom regulator trai to come up with a revised paper on spectrum allocation for satellite co
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Tata Tech-BMW form 50:50 JV to focus on software-driven solutions

The partnership comes as automakers increasingly rely on software to drive innovation in their vehicles
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

CCI okays Rs 1,100 cr buyout of Patanjali Ayurved's home, personal care biz

The competition commission of india (cci) on tuesday cleared the proposed acquisition of the home and personal care business of patanjali ayurved by patanjali foods in a rs 1,100 crore deal. "the proposed combination involves the acquisition of patanjali a
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Hindustan Zinc plans to transition to renewable energy in 5-7 years

More than 90% of the company's emissions come from thermal energy, agarwal said. hindustan zinc has a captive thermal power capacity of 514 megawatt
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

IndoSpace to invest Rs 4,500 crore in Tamil Nadu logistics parks

The investment will lead to over 8,000 job creation, accelerating economic growth and enhancing the state's industrial infrastructure
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Beverage major PepsiCo sees double-digit organic revenue growth in India

In the amesa (africa, middle east, south asia) region the company's convenient foods unit volume declined 3 per cent in the 12 weeks ended september 7
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Akasa Air to run safety tests on 14 of 25 planes amid rudder issue

Air india express to also conduct similar audit; spicejet says none of its boeing 737 ngs impacted
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

Torrent Power wins order to supply 2,000 MW pumped storage in Maharashtra

Torrent power on tuesday said it has secured a contract from the maharashtra government to supply 2,000 megawatt energy storage capacity from its upcoming plant in the state. in a statement, torrent power said it has received the order for an additional 50
Tag: Company India    Source: business-standard.com   Dated: 2024-10-08

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