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

Persistent Systems will be cautious on campus hiring in FY25: CEO

Persistent Systems will be cautious on campus hiring in FY25: CEO

Mid-tier it services company persistent systems will be "cautious" on campus hiring in the new fiscal on the back of the ease which it sees in getting the talent when the business requires, a top official has said. the company will prioritise growth over p
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

InterGlobe, Assago set up AI business venture AIonONS; eyes partnerships

InterGlobe, Assago set up AI business venture AIonONS; eyes partnerships

Rahul bhatia-led diversified interglobe enterprises has partnered with technology veteran c p gurnani's assago to launch an artificial intelligence business venture aionons that will provide various solutions as well as look to partner with startups. inter
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

General Motors beats quarterly results targets, raises annual forecast

General Motors beats quarterly results targets, raises annual forecast

"our consumer has been remarkably resilient in this period of higher interest rates," gm chief financial officer paul jacobson said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Genpact launches innovation centre in Gurugram to support AI-first approach

Genpact launches innovation centre in Gurugram to support AI-first approach

'the centre will be a launchpad for innovation, facilitating talent to learn, experiment, and build holistic, ai-focused growth-oriented solutions for genpact's global clients,' the company said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

The move could come at a cost for shareholders, who could see their holdings diluted in a crisis
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Zydus Lifesciences gets China nod for drug to treat CKD-linked anaemia

Zydus Lifesciences gets China nod for drug to treat CKD-linked anaemia

It is estimated that more than 120 million people are living with chronic kidney disease in china
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Apple's Q1 smartphone shipments in China down by 19%, worst since 2020

Apple's Q1 smartphone shipments in China down by 19%, worst since 2020

Apple lost its crown as the biggest smartphone seller in china to rival vivo
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Tata Power Solar Systems, Indian Bank partner to boost residential rooftops

Tata Power Solar Systems, Indian Bank partner to boost residential rooftops

Tata power solar systems on tuesday announced its partnership with state-owned indian bank to promote the adoption of solar rooftop among residential consumers. the collaboration aims to facilitate financing solutions under the popular pradhan mantri surya
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Tata Consumer Products Q4 results: Net Profit falls 19% to Rs 217 crore

Tata consumer products reported a consolidated revenue from operations at rs 3,927 crore for q4fy24, up 8.5% y-o-y
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Google fires 20 more employees over protest against Project Nimbus contract

Google's employees staged protests against the company's collaboration with the israeli government on "project nimbus", a .2 billion cloud computing initiative
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

BharatPe launches payment device BharatPe One with integrated POS

Indian fintech major bharatpe on tuesday launched bharatpe one, an all-in-one payment product that integrates pos (point of sale), qr code, and speaker into one device. the company in a statement said it plans to launch the product in about 100 cities in t
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Hatsun Agro Q4 results: Profit after tax rises over 100% to Rs 52.16 crore

Dairy and dairy products maker hatsun agro has reported a 108.76 per cent rise in its january-march 2024 quarter profit after tax at rs 52.16 crore, the company said on tuesday. the city-based company had registered a profit after tax of rs 24.99 crore in
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Reliance wins govt approval for investment to raise KG-D6 block's output

Reliance industries ltd has got government approval for making additional investments in developing gas reserves in its kg-d6 block in the bay of bengal that can add 4 to 5 million standard cubic meters per day to the production, a company official said. r
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

RIL, JSW Neo, Amara Raja among 7 bidders for gigawatt battery production

The seven companies have collectively applied for a cumulative capacity of 70 gwh, the ministry of heavy electricals informed
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Air India enters into codeshare pact with Japan's All Nippon Airways

Air india has entered into a codeshare partnership with japan's all nippon airways. with the codeshare, effective for travel from may 23, air india and all nippon airways passengers can fly to their desired destination by combining those flights between in
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Razorpay forays into UPI infrastructure space, offers UPI Switch

It claims that its upi switch resolves issues seven times faster, within 24 hours, as compared to the industry average of seven days
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Spice Board of India tells Everest, MDH to give details of quality checks

The companies' products are hugely popular in india and are exported to countries in europe, asia and north america
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Co-working firm WeWork in talks to sell entire 27% stake in India unit

Co-working firm wework global, which has filed for bankruptcy in the us, is in talks with potential investors to sell its entire 27 per cent stake in wework india to monetise its investments, sources said. bengaluru-based real estate firm embassy group, wh
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Bajaj Auto appoints Abraham Joseph as MD of its EV arm Chetak Technology

Bajaj auto ltd on tuesday made key leadership changes with abraham joseph appointed as managing director of its electric vehicle arm -- chetak technology ltd. as part of the strategy to accelerate technological innovation and further strengthen its positio
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Vi approves offer price of Rs 11 per equity share for Rs 18,000 cr FPO

Telecom operator vodafone idea's (vil) board has fixed the fpo offer price at rs 11 per equity share, according to a regulatory filing. the anchor investor offer price of rs 11 per equity share has also been greenlit by the board. "... following resolution
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Tata Consumer, ICICI Prudential Life among major Q4 results today

Mahindra & mahindra financial services has deferred its q4 earnings meeting and subsequent announcement due to fraud detected by the company
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

RJ Corp succession: Jaipuria's son gets food, daughter education and health

Both the rj corp companies, varun beverages (vbl) and devyani international (dil), are named after the founder ravi jaipuria children and are listed companies
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Aramco's VC arm building an India team to bet on early-stage opportunities

Prosperity7 ventures, saudi aramco's venture capital arm, manages over billion in assets worldwide
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

12 offshore funds investing in Adani Group breached disclosure rules: Sebi

Sebi has issued notices to 12 offshore investors earlier this year associated with the adani group, seeking clarification on the violations of disclosure requirements and investment limits
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Poor risk assessment root of asset quality concerns: SBI chief Khara

Sbi chairman dinesh kumar khara on tuesday said poor risk assessment is the root of asset quality concerns on the unsecured lending front. in comments that come amid increased regulatory discomfort and efforts to dissuade banks from increasing exposures to
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Aionos to bridge silos within aviation, hospitality using AI: Rahul Bhatia

Aionos, wherein ige will hold the majority shareholding, was launched here on tuesday in presence of gurnani and bhatia
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

AU SFB launches multiple products like credit cards with exclusive features

In a bid to increase fee income, au small finance bank (au sfb) on tuesday launched an array of products including rupay credit card and atm insurance. among the latest offerings are two innovative credit cards: the au spont rupay credit card and secured c
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

CCI clears International Finance Corp's acquisition of debentures in Napino

Fair trade regulator cci on tuesday said it has approved the proposed subscription to compulsory convertible debentures of napino auto and electronics ltd by international finance corporation. international finance corporation (ifc) is a member of the worl
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Changing complexion: Adani stocks now have prominent investor base

Fpis under question no longer have significant exposure to these stocks
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Airtel launches international roaming packs starting at Rs 133 per day

Telecom giant bharti airtel on tuesday unveiled affordable international roaming packs for customers with tariffs starting at rs 133 per day. the new range of packs covers 184 countries and offers enhanced data benefits, in-flight connectivity and 24x7 con
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

IIFL Finance's RBI-directed audit starts after March gold loan ban

The rbi said in march that the restrictions will be reviewed after completion of a special audit and the company's rectification of the audit findings
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Special audit starts at IIFL Fin after RBI restricted gold loan sanction

Rbi's inspection had indicated a lack of adherence to the standard auction process and a lack of transparency in charges being levied on customer accounts
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

ICICI Pru Life Q4 results: Net profit drops 26% to Rs 173.76 crore

The management said that the change in commission structure led to the increase in expenses
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

SBI Card introduces inaugural travel-centric core credit card 'MILES'

The card promises comprehensive travel benefits, including the conversion of travel credits to air miles and hotel points, enhanced rewards on all travel bookings, and access to airport lounges
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Unmonetised 5G holding back Reliance Jio's Arpu; tariff hike likely soon

Jio has the world's largest 5g subscriber base for any operator outside china now, but arpu static for 3-straight quarters
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Byju's continues facing cash crunch as NCLT defers hearing to June 6

Byju's and its investors are fighting at the national company law tribunal (nclt) over the company's rights issue of 0 million in a petition alleging oppression and mismanagement
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

PayU gets RBI's in-principle approval to operate as payment aggregator

The company said it can start onboarding new merchants on its platform with the in-principle approval
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Govt gets Rs 3,443 crore special dividend from TCIL, says Dipam secy

The government has received rs 3,443 crore as a special dividend from telecommunications consultants india limited (tcil), a public sector enterprise under the ministry of telecom. the "government has received about rs 3,443 crore from telecommunications c
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Tata Elxsi Q4 results: Profit declines 2% to Rs 196.93 cr, misses estimates

Tata elxsi, a provider of design-led technology services, on tuesday reported a 2.2 per cent decline in net profit at rs 196.93 crore in the fourth quarter ended in march. the company had posted a net profit of rs 201.51 crore in the same period of the pre
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Is your apology as big as your advertisements? SC asks Patanjali

"does it cost the same tens of lakhs of rupees for the full-page advertisements you published? we are wondering," justice kohli asked
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

IndiGo to introduce entertainment unit on trial basis on Delhi-Goa route

Indigo will introduce in-flight entertainment content through its app on a three-month trial basis on the delhi-goa route from may 1. it will be the first time that the country's largest airline will offer in-flight entertainment content for passengers. in
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

NBCC secures new work orders worth Rs 23,500 crore in 2023-24 fiscal

State-owned construction firm nbcc ltd on tuesday said it secured projects worth rs 23,500 crore during the last fiscal year. in a statement, nbcc said it has secured significant business during 2023-24 financial year. the company "has secured record new w
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

As silver price rally, Hindustan Zinc's plans entry into value-adds

Hindustan zinc appoints hugo schumann as head of silver division to intensify focus on the white metal
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Reliance tops India Involved Ranking; measures commitment to Vikasit Bharat

Reliance industries has topped the india involved ranking 2023 that measures how india inc is committed to vikasit bharat. the ranking and the index has been put together by skoch, a leading indian think-tank dealing with socio-economic issues and focusing
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Sify Technologies Q4 results: Profit of Rs 3.8 cr, yearly profit declines

Integrated ict solutions and services provider sify technologies has reported rs 38 million as profit for the january-march 2024 quarter, the company said on tuesday. the city-based company had registered a profit of rs 34 million during the corresponding
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Fintech major BharatPe launches an 'all-in-one' payment acceptance device

The device enables transactions via different methods such as point-of-sale (pos), quick response (qr) code, tap-and-pay and traditional card payment options such as debit and credit cards
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Tata Consumer Products Q4 results: Net profit declines 19.3% to Rs 217 cr

The company's coffee business in india witnessed revenue growth of 45% in the quarter ended march, while its foods business grew by 20%
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

ICICI Prudential Life Insurance Q4 results: PAT declines 26% to Rs 174 cr

The decline in vnb margin is primarily on account of the shift in the underlying product mix towards unit-linked business, the company said in an exchange filing
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

Vedanta Resources eyes various fundraise options for Zambia copper mine

Vedanta resources owns an 80% stake in the mining firm
Tag: Company India    Source: business-standard.com   Dated: 2024-04-23

NCLT admits personal insolvency plea against Zee's Subhash Chandra

Zee's subhash chandra had argued that the nclt cannot rule on an individual's insolvency
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Reliance Industries Q4 results: Profit falls 2% to Rs 18,951 crore

Shares of reliance industries closed at rs 2,962.90 on the bse on monday, ahead of the company's q4fy24 results
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Honasa Consumer's The Derma Co hits annual revenue run rate of Rs 500 crore

The company's stock price was up by 4.8 per cent at the close of the market hours, on the back of the update from the company
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Kesoram Q4 results: Net loss widens to Rs 244 crore, sales marginally up

B k birla group company kesoram industries ltd posted a consolidated net loss of rs 244.42 crore for the quarter ended march 2024, despite higher sales. the cement maker's net loss in the fourth quarter of the 2023-24 fiscal (fy'24) has widened from rs 48.
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

KP Energy Q4 results: Consolidated net profit grows 60% to Rs 25 crore

Kp energy on monday posted a 60 per cent rise in its consolidated net profit at rs 24.89 crore during the quarter ended march 2024 on account of increased income. it had reported a net profit of rs 15.48 crore in the january-march period of preceding 2022-
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Tamilnad Mercantile Bank net profit falls flat at Rs 253 crore in Q4

The bank posted a net profit of rs 284 crore for the october-december 2023 quarter
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Flipkart Ventures to invest up to 0,000 in GenAI-based startups

As part of the flipkart leap ahead (fla) programme, selected startups will receive equity investments between 0,000 and 0,000, according to a statement
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Spices Board examining ban on few MDH, Everest products over quality issues

Spices board of india on monday said it is looking into the ban imposed by hong kong and singapore on the sale of four spices-mix products of indian brands mdh and everest, which allegedly contain pesticide 'ethylene oxide' beyond permissible limits. while
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Pine Labs' Setu names former SAP India executive Raisinghani as its CEO

He will work closely with setu's co-founder nikhil kumar, the company said in a release
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

IndusInd Bank successfully executes RBI's programmable CBDC pilot

For this pilot, indusind bank collaborated with circularity innovation hub (cih)
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

Mahindra Logistics Q4 loss widens to Rs 12.85 cr on subdued volume growth

The company declared a dividend on rs 2.50 per share
Tag: Company India    Source: business-standard.com   Dated: 2024-04-22

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