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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

India's e-comm mkt to grow from bn in 2022 to 5 bn in 2026: Report

India's e-comm mkt to grow from  bn in 2022 to 5 bn in 2026: Report

Upi driving consumers away from cash and helping financial inclusion, it says
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Accenture to cut 19,000 jobs amid worsening global outlook, trims forecast

Accenture to cut 19,000 jobs amid worsening global outlook, trims forecast

The company also trimmed its annual revenue growth and profit forecasts on thursday, amid worries that recession-wary enterprises will cut technology budgets
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Stepping up its ambitions, Apple eyes English football streaming rights

Stepping up its ambitions, Apple eyes English football streaming rights

Such a move would build on apple's recent expansion into live sports in the us, where it forged a .5 billion 10-year deal with major league soccer to show games on its tv+ platform
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Indian space startup Pixxel bags US contract for hyperspectral imagery

Indian space startup Pixxel bags US contract for hyperspectral imagery

Bengaluru-based space startup pixxel has bagged a five-year contract for supplying technical hyperspectral imagery to united states' national reconnaissance organization (nro). the virginia-based nro also awarded six study contracts for commercial hyperspe
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Tata Group planning to inject billion into its super-app Tata Neu

Tata Group planning to inject  billion into its super-app Tata Neu

Tata neu allows users to buy groceries and gadgets as well as reserve airplane tickets and restaurants from brands under tata
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Reliance cable firms remove Star channels before IPL, to affect 20 million

Reliance cable firms remove Star channels before IPL, to affect 20 million

According to broadcasting regulations, consumers have the right to request that their cable or dth operators provide the channels they wish to watch
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Infosys announces Kiran Mazumdar-Shaw's retirement from company's board

Infosys announces Kiran Mazumdar-Shaw's retirement from company's board

D sundaram appointed lead independent director of it services company
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Reveal HealthTech raises mn in seed funding from W Health Ventures

Reveal HealthTech raises  mn in seed funding from W Health Ventures

Reveal healthtech provides technology services to healthcare companies through engineering, clinical, and strategic support
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Sanjay Nayar has quit board of InCred Financial Services, company says

Executive played a role in expanding firm's credit and capital markets products in asia-pacific
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Vedanta denies talks of stake sale, calls them 'untrue', 'baseless'

Vedanta ltd on thursday termed any talks of sale in oil-to-metals conglomerate as "untrue and baseless." this comes in the wake of news report which said that mining mogul anil agarwal is contemplating a stake sale in vedanta as a last-resort option and is
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Maruti Suzuki to hike prices from April to offset inflation impact

Maruti suzuki india on thursday said it will increase prices of its model range in april to partially offset the impact of "overall inflation and regulatory requirements". the auto major, however, did not share the quantum of the price hike it intends to i
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

ICRA upgrades outlook on infra finance firms to 'positive' from 'stable'

Rating agency cites sector's improved solvency profile, loan book growth and earnings
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Most Indian professionals like to be in office, back hybrid work: LinkedIn

'desk bombing', 'loud leaving' and thursday being the new friday are new workplace trends, say report
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

HAL disinvestment: offer for sale subscribed two-fold after slow start

Share sale firms up state-owned defence firm's chances of msci india inclusion
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Logitech lays off 300 employees as computer accessories sales drop

Swiss technology firm logitech has laid off 300 employees amid the challenging global macro-economic environment, the media reported on thursday.
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Kapil Rathee elevated to the position of co-founder of Junglee Games

In 2017, rathee was promoted to the position of junglee's chief product officer (cpo) and then to the president in 2018
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Glenmark gets USFDA nod for generic drug with 180-day exclusivity

Glenmark pharmaceuticals on thursday said it has received an approval from the us health regulator to market a generic medication to treat plaque psoriasis. the company has received final approval from the us food & drug administration (usfda) for calcipot
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Bisleri deal dissolved; Tatas to make investments in their own brands

The tata group company announced on march 17 that negotiations regarding the potential acquisition of ramesh chauhan's bisleri international had ceased
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Anil Agarwal weighing Vedanta stake sale as last resort, says report

Agarwal is evaluating the possibility of divesting a less than 5% stake in the mumbai-listed company, said the people, who asked not to be identified as the information is private
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

NSE, BSE to put Adani Power under short term ASM again starting today

Leading bourses nse and bse on wednesday said they will include adani power under the short-term additional surveillance measure (asm) framework from thursday. adani power is shortlisted in short-term asm framework stage-i effective march 23, according to
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

RailTel bags order worth Rs 34.91 cr for expansion of data centre in MP

Railtel corporation of india limited, a central public sector undertaking under the ministry of railways has bagged an order from the madhya pradesh state electronics development corporation ltd
Tag: Company India    Source: business-standard.com   Dated: 2023-03-23

Govt proposes to sell up to 3.5% stake in Hindustan Aeronautics

The stake sale would be valued at rs 2,867 crore (7.05 million), based on a floor price of 2,450 rupees apiece
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Trai to again meet telecom firms next week to end spam call menace

Discussion will seek to end unsolicited communication using technology, regulations
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Amid rise in production cost, Hero MotoCorp to hike prices by up to 2%

Hero motocorp on wednesday said it will increase prices of its model range by around 2 per cent from next month in order to offset the impact of rise in production cost in order to conform to stricter emission norms. the company will make an upward revisio
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Ambani among top 10 billionaires, Adani at 23rd: M3M Hurun Global Rich List

Despite an erosion of 20 per cent or billion in wealth, reliance industries' chairman and managing director mukesh ambani continues to be at the top 10 wealthiest individuals
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Guruprasad Mudlapur appointed as Managing Director of Bosch Group in India

Auto components major bosch ltd on wednesday announced leadership changes with guruprasad mudlapur appointed as its managing director, and president of the bosch group in india with effect from july 1, 2023. he will succeed soumitra bhattacharya who will b
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Flipkart launches exchange programme for used ACs with doorstep pickup

Customers can make the exchange irrespective of where the ac was purchased, says company
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

International Finance Corp to buy 5.6% stake in JK Tyre for million

Jk tyre & industries ltd on wednesday said world bank group member ifc will invest usd 30 million (about rs 240 crore) to pick a 5.6 per cent stake in the company to part-fund expansion of energy-efficient tyre manufacturing. the investment by ifc in jk ty
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Need to reduce airports' operating costs by 30-50%: Adani Airports CEO

Adani airports chief arun bansal on wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the indian aviation market. currently, the company is operating seven airport
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

In a bid to bolster its leadership, Shemaroo makes two key appointments

Arpit mankar has been appointed head of the non-bollywood category, and abhishek joshi will lead the ott platform of shemaroo, shemaroome
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Agritech startup Sorted raises over mn as seed funding to grow business

Agri startup sorted, a tech platform founded by ex-ceo of milkbasket anant goel for quality fruits and vegetables, has raised more than usd 5 million as seed funding to grow business. according to a statement, the serial entrepreneur has started sorted, po
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

IIM-A incubation platform to invest in 50 new start-ups over a year

Ciie.co says it has a record of helping 1,200 start-ups and investing in 350 of them
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

S&P Global Ratings to answer questions on Adani Group in coming months

S&p global ratings will be answering many questions about india-based adani group in the coming months, the credit rating agency said on wednesday.
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Hindustan Zinc's .3 bn dividend plan raises concerns over cash use

The rajasthan-based miner will pay an interim dividend of 26 rupees per share totaling 109.9 billion rupees, according to an exchange filing tuesday
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Adani Airports to bid for more airports to become leading operator: CEO

In the last round of airport privatisation by the government, adani airports won bids to operate six airports
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

HCLTech launches service to help companies use metaverse for customers

Platform will serve financial services, telecom, manufacturing healthcare and other sectors
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

IFC to invest Rs 600 cr in Mahindra & Mahindra's new last-mile EV firm

Global development institution ifc will invest rs 600 crore in a new last-mile mobility (lmm) company, a wholly-owned subsidiary of mahindra & mahindra that will be newly incorporated (newco), it announced on wednesday.
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Indian airports' revenues to rise 26% to .9 bn next fiscal year: CAPA

Indian airport operators are projected to report 26 per cent rise in revenues at usd 3.9 billion in the next financial year, aviation consultancy capa india said on wednesday. for 2023-24, air passenger traffic, including domestic and international, is exp
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

BS VI phase 2: Hyundai joins peers, bids farewell to diesel engine sedans

Diesel engine vehicles have seen a steep hike in prices after the second phase of bs-vi norms was implemented by the government
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Ola to raise 0 mn to fund expansion of scooter, and battery cell plants

This fundraising will reduce the promoters' shareholding marginally from 40 per cent currently to 37-38 per cent
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Mahindra to raise up to .3 billion for its electric vehicle unit: Report

Indian automaker mahindra and mahindra ltd is in advanced talks with global investors to raise between billion and 1.3 billion to accelerate the expansion of electric vehicle unit, mint reported
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

CCI to set up in-house digital mkt data unit for regulating tech platforms

Jyoti jindgar bhanot, secretary of the cci, emphasised on early intervention as a key to ensure that competitive landscape in digital markets is not distorted beyond repair
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

How Vartika Shukla, the first female leader at EIL, is plotting change

Shukla, who's worked for the company for more than three decades, is attempting to change its profile, branching out from construction of fossil-fuel plants into new areas
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Law firms plan fee hikes to retain talent amid 'foreign entry'

Worried about star performers being poached
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Air India revises privilege leaves policy from April 1: Official

Air india will revise its policy with respect to privilege leaves for both permanent and full-term contract staff from the next financial year to align the policy with "prevailing market conditions", according to an internal communication. from april 1 onw
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Coming to a kirana near you: Reliance Consumer expands FMCG play

Launches home and personal care range for 'real india'
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Spotify has spent less than 10% of its 0 million diversity fund

The initiative got off to a slow start hiring staff and has suffered from shifting priorities, according to people familiar with the effort
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Long-term aim to reduce cost of operations by 30-50%: Adani Airports CEO

India overall lacks aviation capability, he said
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Reliance Consumer expands portfolio in home, personal care segments

Reliance consumer products limited (rcpl), a wholly-owned subsidiary of reliance retail ventures limited, on wednesday said it has expanded its play in the fmcg segment by launching its range of home and personal care products. rcpl, which has ambitions to
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

CAPA summit 2023: Air India pushes for data exchange in aviation sector

In the last 14 months, the airline has taken various measures to bring grounded aircraft back to service, refurbish aircraft interiors, and improve on-time performance
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Govt plans to sell 3.5% stake in Hindustan Aeronautics through OFS

The government owns 75 per cent in the public sector aerospace and defence business
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Coromandel International to enter into fertilisers, industrial chemicals

Coromandel international ltd, which is into fertilisers and crop protection chemicals businesses, on wednesday said it will diversify into speciality and industrial chemicals. coromandel international is in the business of fertilisers, crop protection chem
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

REC transfers 6 SPVs to Power Grid Corporation for transmission projects

Rec ltd on wednesday said its wholly-owned subsidiary rec power development and consultancy ltd (recpdcl) has handed over six special purpose vehicles to power grid corporation of india ltd. the special purpose vehicles (spvs) are mostly for construction o
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Nazara arm Sportskeeda pays .8 mn for 73.27% stake in NFL-focused US firm

It's an all-cash deal; company is eyeing multiple acquisitions in the near future to further boost its position in the sports media landscape
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Tirumala Tirupati Devasthanam budget up by 43%, pegged at Rs 4,411 cr

The ttd decided to continue the sale of online seva, which started during covid-19 pandemic and fetched rs 100 crore
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

PFC signs agreement with Japan's JBIC for project loan of Rs 165 cr

Power finance corporation has inked a pact with japan bank for international cooperation (jbic) for a project loan of jpy 2.65 billion or about rs 165 crore. under this facility, jbic has proposed to finance some of pfc's projects which ensure effective re
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Intel GPU chief Raja Koduri quits to form own generative AI startup

Indian-american raja koduri, head of intel's accelerated computing systems and graphics group, has quit the chip-making major to form his own generative artificial intelligence (ai) startup.
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

World Bank arm IFC to invest Rs 600 cr in M&M's new last-mile mobility firm

Deal values newly incorporated company at rs 6,020 cr; the investment, which will be in the form of compulsory convertible instruments, will give ifc an ownership of 9.97-13.64% in the enterprise
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Walmart Foundation to support 1 mn small farmers in India over next 5 yrs

Walmart foundation on wednesday announced its plan to support an additional 1 million smallholder farmers in india, with at least 50 per cent women, in the next five years. the foundation also announced two new grants, which include usd 3 million to techno
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

Premium hotels revenue likely to surge 80% in fiscal year 2023-24: Report

Premium hotels are expected to log in strong growth across operating parameters, especially on the revenue side, which is expected to surge 80 per cent this fiscal and a further 15-20 per cent next, buoyed by the continued recovery across categories, as pe
Tag: Company India    Source: business-standard.com   Dated: 2023-03-22

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