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Company India NEWS. Stock Market NEWS Updated Daily

Company India NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

Company India NEWS. Stock Market NEWS Updated Daily

SBI to hire over 15,000 in FY25 to boost operations, expand network

The country's largest lender is also planning to open 300 new branches in the current financial year, as against 139 opened in financial year 24
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Weizmann to move court against Western Union on trademark, logo issue

The company has used the brand for promoting, marketing, advertising its products and services under the trademark and has earned goodwill, especially in the financial sector
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Auditor of Zomato Hyperpure, Blink Commerce resigns with immediate effect

Zomato on sunday said the auditor of its subsidiaries zomato hyperpure and blink commerce has resigned with immediate effect, paving the way for the food tech platform's auditor deloitte haskins & sells to be appointed in its place to make the audit proces
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

85% of 12,000 freshers set to join SBI in FY25 are engineering grads: Khara

Eighty-five per cent of about 12,000 freshers set to join the country's largest lender sbi in fy25 are engineering graduates, its chairman dinesh khara has said. the bank is in the process of onboarding up to 12,000 freshers in the roles of probationary of
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Air India Express slowly restoring its flights, stabilising the network

Air india express is slowly restoring its flights and stabilising the network, an official said on sunday while the cabin crew union emphasised that all members who had reported sick have joined duty. the tata group-owned airline, which operates around 380
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

SAIL-Bhilai to set up Chhattisgarh's first 15-Mw floating solar plant

The first solar project of nspcl will open avenues of green energy portfolio for nspcl while helping sail in green steel production
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Not in 'rat race' to be top builder in terms of sale bookings: Macrotech MD

Realty firm macrotech developers is not in a "rat race" to become the top builder in terms of sale bookings and will rather focus on achieving consistent and predictable growth with high-profit margins, its md and ceo abhishek lodha said. macrotech develop
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Anarock FY24 revenue surges 36% to Rs 566 crore on higher earnings

Real estate consultant anarock group has posted a 36 per cent increase in its revenue to rs 566 crore in the last fiscal, helped by better earnings from housing brokerage and other services. during 2022-23, the company posted a revenue of rs 416 crore. hom
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Maruti expects 30% jump in CNG vehicle sales at 600,000 units in FY25

Maruti suzuki india expects its cng car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. the country's largest carmaker also aims to export around 3 lakh units in the ongoing financial year. "so cng
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Escorts Kubota plans to invest Rs 4,500 cr in new plant in coming years

Farm and construction equipment manufacturer escorts kubota ltd plans to invest up to rs 4,500 crore over the next three to four years to set up a new manufacturing plant, according to its whole-time director and cfo bharat madan. the company is currently
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

State-owned retailers IOC, BPCL, HPCL post Rs 81,000 cr profit in FY24

State-owned fuel retailers indian oil corporation, bharat petroleum corporation ltd and hindustan petroleum corporation ltd reported bumper profits totalling about rs 81,000 crore in fy24, which far exceeded their annual earning in pre-oil crisis years. th
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

Adani Enterprises to invest Rs 80k cr in current fiscal, says official

Adani enterprises, billionaire gautam adani-led group's flagship firm that has interests spanning from new energy to airports and data centres, plans to spend rs 80,000 crore across businesses in the current financial year, a senior company executive said.
Tag: Company India    Source: business-standard.com   Dated: 2024-05-12

SoftBank Group's Arm Holdings plans to launch AI chips in 2025: Report

Arm will pay for initial development costs, which may go up hundreds of billions of yen, with softbank also contributing, the report said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

WRTL Q4FY24 results: Net profit sees a four-fold jump at Rs 54 cr

Waaree renewable technologies has posted over four-fold jump in consolidated net profit after tax at rs 54.18 crore for march quarter fy24 on the back of higher revenues. it had clocked a pat of rs 12.28 crore in the year-ago period, the company said in a
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Ola to move entire workload out of Microsoft's Azure to Krutrim: Aggarwal

The move comes after aggarwal criticised microsoft-owned employment-focused platform linkedin for removing his post on pronoun illness, calling out platform for imposing political ideology
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Hinduja led IIHL gets Irdai's nod for acquisition of Reliance Capital

The approval is subject to certain 'regulatory, statutory, and judicial' clearances/compliances, says iihl spokesperson
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Finolex Q4 results: PAT grows 2% to Rs 161 crore, total income up 8%

Pipes maker finolex industries limited has posted about a 2 per cent rise in its standalone profit after tax to rs 161.43 crore in the march 2024 quarter on the back of higher revenues. it had posted a profit after tax of rs 158.35 crore in the correspondi
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

IndiGo announces tri-weekly flights between Bengaluru, Deoghar from Jun 1

Low-cost carrier indigo has announced direct flights between jharkhand's deoghar and bengaluru three times a week from june 1, a company statement said. the direct flights will operate on tuesdays, thursdays and saturdays. on these days, flight number 6e 6
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Strong solar storm hits Earth, disrupts Musk's Starlink satellites

Starlink owns around 60% of the roughly 7,500 satellites orbiting earth and is a dominant player in satellite internet
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Khanij Bidesh India likely to acquire lithium asset in Australia in FY25

Khanij bidesh india ltd (kabil) hopes to acquire a lithium block in australia this year, a top official said on saturday. kabil, a joint venture of three psus to scout for mineral assets overseas, has been working in australia for the last year, mines secr
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

SIAEC to develop Air India's base maintenance facilities in Bengaluru

Air india on saturday announced it has appointed sia engineering company limited as its strategic partner for the development of its base maintenance facilities here. as part of the partnership, air india will work closely with sia engineering company limi
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Property brokerage firm InvestoXpert revenue up 56% in FY24 on better sales

Real estate brokerage firm investoxpert's revenue rose 56 per cent in the last fiscal to rs 56 crore as it facilitated sales of properties valued more than rs 2,000 crore on strong housing demand. its revenue stood at rs 36 crore in 2022-23. in a statement
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Eicher Motors' Q4 PAT rises 18%, Royal Enfield sales hit record high

On a sequential basis, the company's pat rose 7.48%, while the revenue rose by 1.85%
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Union Bank of India Q4 result: Net profit rises 18% on lower provisions

State-owned union bank of india on saturday reported an 18.36 per cent growth in its consolidated net profit for the march quarter to rs 3,328 crore, helped by lower provisions. for the fiscal 2023-24, the lender reported a consolidated net profit of rs 13
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Prestige Estates' CEO Venkata Narayana K resigns, firm outlines roadmap

Venkata narayana k became ceo of prestige estates in august 2017, following his tenure as chief financial officer and company secretary
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Piramal Pharma Q4 profit Jumps 102% to Rs 101.3 cr, FY24 revenue Up 18%

On a sequential basis, the company's profit jumped more than nine-fold
Tag: Company India    Source: business-standard.com   Dated: 2024-05-11

Indian GenAI platform Hanooman goes live in 98 global languages

The platform is presently accessible for free, and the premium subscription plan will be launched later this year, said the company
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Wipro appoints Vinay Firake as CEO of APMEA strategic market unit

Firake succeeds anis chenchah, who is stepping down to pursue opportunities outside the organisation
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Ola Electric commences deliveries of its mass-market S1 X scooters

The s1 x range comes with the requested physical key and caters to customers with different range requirements
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Flipkart introduces new rate card policy to enhance the seller experience

Through the simplified rate card, updated shipping costs and economical fbf (fulfilment by flipkart) rates, sellers will be able to deliver superior value to the customers
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Sundaram-Clayton Q4 results: PAT at Rs 20.73 cr, total income at Rs 540 cr

Auto-component manufacturer sundaram-clayton ltd has recorded a standalone profit for the quarter ending march 31, 2024, at rs 20.73 crore. the city-based company had registered a standalone profit of rs 17.61 crore in the corresponding period of last year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Here's what Google CEO Sundar Pichai told his employees on more layoffs

Google ceo sundar pichai said the company will need to be 'very, very disciplined' about hiring more employees throughout the year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Bajaj Hindusthan Sugar Q4 results: Net profit falls 31% to Rs 91 crore

Bajaj hindusthan sugar ltd on friday reported a 31 per cent fall in its consolidated net profit to rs 90.56 crore for the fourth quarter ended march 2024. its net profit stood at rs 130.91 crore in the year-ago period. its total income declined to rs 1,874
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Tata Motors Q4 results: Net profit rises over three-fold to Rs 17,407 cr

Tata motors q4fy24 results: the board of directors recommended a final dividend of rs 6 per ordinary share of rs 2 each (rs 3 normal dividend and rs 3 special dividend)
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

TVS Holdings to acquire 80.74% in Home Credit India for Rs 554 cr

2 companies will need approval from the competition commission and supreme court for deal
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Dr. Lal PathLabs Q4 results: Net profit rises 49% on healthy testing demand

The company's consolidated net profit jumped 49% year-on-year to rs 84.5 crore (.1 million) in the fourth quarter
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore

State-owned bank of baroda (bob) on friday posted a marginal 2.3 per cent rise in net profit at rs 4,886 crore for the fourth quarter ended march 2024. the bank had earned a net profit of rs 4,775 crore in the january-march quarter a year ago. the total in
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Sapphire Foods Q4 results: PAT declines 98% to Rs 2.39 cr on slow demand

The yum brands franchisee's consolidated net profit fell 98% to rs 2.39 crore (6,271.4) for the quarter ended march 31, marking its fourth straight quarterly profit fall
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Cipla Q4 results: Profit rises 78.5% to Rs 939 crore, revenue up 7%

Cipla q4fy24 results: the company board has recommended a final dividend of rs 13 per equity share, to be paid within 30 days from the date of the annual general meeting (agm)
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

TVS Holdings to buy 80.7% stake in Home Credit India worth Rs 554.06 cr

Tvs holdings ltd on friday said it will acquire 80.74 per cent stake in home credit india finance pvt ltd for an aggregate consideration rs 554.06 crore. the board of directors at its meeting held on friday approved the acquisition of 88,09,45,401 equity s
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Polycab India Q4 result: Profit jumps 28.5% to Rs 546 cr on healthy demand

Cables and wires companies have benefited from a demand surge from the real estate and infrastructure sectors, further aided by the government as it tries to boost the economy
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Care Ratings Q4 results: Net profit surges 35% to Rs 34.8 crore

Care ratings on friday reported a 35 per cent jump in its standalone net profit at rs 34.8 crore in the fourth quarter ended march 31, 2024. the domestic rating agency had a profit after tax of rs 25.9 crore in the january-march quarter of the 2022-23 fisc
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

IPL 2024: Star Sports registers a record 510 million viewers in 51 matches

Tata ipl 2024: star sports experienced an 18% increase from the previous edition in terms of total watch time, with viewers spending 356,000 million minutes
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Byju's sales team misses target despite 30% subscription fee reduction

Majority of the sales team, who shifted to a revenue-linked payout model last week, have yet to secure a sale for any course, despite byju's reducing prices of educational products by 30%
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Company registrations decline in April while LLPs reach new heights

Ongoing lok sabha elections and high base effect from record registrations in fy24 were attributed as reasons for the april drop
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Here's how much royalty Tata Group companies will pay for the Tata name

Tata group companies pay a brand subscription fee for the privilege of using the 'tata' name. here is how much they will need to pay now
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Zeta eyes 50% of trn credit line on UPI banking tech opportunity by 2030

Zeta was founded by serial entrepreneurs bhavin turakhia and ramki gaddipati in 2015
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Luxury hospitality giant Oberoi Group launches residential suites in Mumbai

Designed by architectural discipline, the new suites combine residential ambience with contemporary aesthetics
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Coast Guard, Hindalco ink MoU for manufacturing marine-grade aluminum

The indian coast guard (icg) and a leading industry group have joined hands for manufacturing and supply of indigenous marine-grade aluminium to the country's public and private shipyards for the construction of ships, the defence ministry said on friday.
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Vedanta to fully acquire Japanese display glass major AvanStrate

Mining billionaire anil agarwal-led vedanta ltd of friday announced that it has acquired an additional 46.57 per cent stake in japanese glass substrate manufacturer avanstrate inc. with this acquisition, vedanta's total holding in avanstrate has increased
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Jio bundles Netflix with 14 apps into broadband plan for Rs 888 monthly

Jio on friday said it has bundled premium services of 15 apps, including basic subscription of netflix, amazon prime lite, disney+ hotstar, with its 30 mbps broadband plan for rs 888 a month. netflix access was earlier available for customers having jiofib
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Air India, Vistara CEOs to address staff about proposed merger on May 13

The chiefs of air india and vistara will address staff on may 13 on the proposed merger of the two airlines, according to officials. the merger of vistara with air india under a deal, wherein singapore airlines will acquire a 25.1 per cent stake in air ind
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

LIC's premium collection in April at Rs 12,384 crore, highest since 2014

State-owned life insurance corporation of india (lic) on friday said its premium collection in april was rs 12,384 crore, the highest for the month since 2014. quoting life insurance council's latest figures, the insurance behemoth said the total premium c
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore

Bank sets aside rs 550 crore for its exposure to gofirst
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Punjab & Sind Bank Q4 results: Net profit slumps 70% to Rs 139 crore

State-owned punjab & sind bank on friday posted a 70 per cent decline in net profit to rs 139 crore for the fourth quarter ended march 2024 on account of provisioning for bad loans. the bank had earned a net profit of rs 457 crore a year ago. however, the
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Port Talbot restructuring: Wales' First Minister meets Tata Steel top brass

On thursday, members of the steelworkers' union, community in the uk, voted in favour of an industrial action over tata steel's restructuring plans
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Tata Motors Q4 results: PAT grows three-fold, India biz now debt free

For the full year, the auto giant posted a 12-fold jump in net profit to rs 31,806 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Becoming mother natural phenomenon; employer has to be considerate: HC

Becoming a mother is a natural phenomenon, and an employer has to be considerate and sympathetic towards women staffers, the bombay high court said on friday, while quashing a communication issued by the airport authority of india (aai) denying maternity l
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

Cholamandalam Financial Q4 results: PAT rises 26.9% to Rs 1,143 crore

Cholamandalam financial holdings ltd on friday reported a 26.9 per cent growth in its consolidated profit after tax at rs 1,143.75 crore for the march 2024 quarter, the company said. the city-based company, part of the diversified conglomerate murugappa gr
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

ABB India Q4 results: Net profit jumps 87% to Rs 460 cr on higher revenues

Abb india on friday reported an over 87 per cent rise in its net profit at rs 460 crore in the march 2024 quarter, pushed by higher revenues. it had posted a profit after tax of rs 245 crore in the corresponding period of the previous fiscal year, the comp
Tag: Company India    Source: business-standard.com   Dated: 2024-05-10

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