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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

Pharmaceutical firm Piramal Pharma eyes to double revenue to $ 2 bn by FY30

Eyeing tripling of ebitda and bringing down net debt during the same period
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Zoho enters ONDC network with Vikra app, unveils low-code IoT solution

Says india customer base grew by 31 per cent in cy23
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Payoneer to adopt localised approach for expanding user base in India

Cross-border business payment services provider payoneer looks to leverage its global marketplace partnerships and take a localised approach to expand its reach in india amid "rapid expansion" in the country's service export market. according to payoneer i
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Euler Motors forays into LCV segment; drives in two electric models

Electric vehicle maker euler motors on wednesday forayed into the light commercial vehicle segment with the introduction of two electric four-wheelers developed to cater to multiple customer requirements. the company, which currently sells electric three-w
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Shriram Finance raises 0 million from investors via USD Social Bonds

The company plans to tap the usd bond market again when interest rates ease further
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Enforcement Directorate and Binance crack down on Fiewn gaming app scam

The money was laundered using digital wallets linked to a global cryptocurrency exchange
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

HDFC Bank's loan growth in Q2 could dip below 10%: Macquarie Report

Hdfc bank has previously indicated that it will grow its advances at a slower pace than its deposits, as it seeks to bring down its elevated loan-deposit ratio to pre-merger levels
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Zerodha customers hold over Rs 5.66 trillion in demat accounts: Kamath

Nithin kamath said that zerodha had a profit of rs 4,700 crore for fy24, with customers holding over rs 5.66 trillion in demat accounts. the company now aims to reduce its reliance on f&o for revenue
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Airtel announces AI-powered spam detection system based on 250 parameters

System promises to catch 97% of spam calls & sms for users, says telecom company
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Adani Group, Bombardier explore partnership to boost Indian aviation sector

Discussions between adani defence & aerospace and canadian jet manufacturer bombardier primarily focused on aircraft services, maintenance, repair, and overhaul (mro)
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Wow Momo plans to go public in 2 years, takes cues from Domino's for IPO

India's billion fast-food sector has seen significant growth, driven by rising demand among low- and middle-income families
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Nomura, Mizuho leading bidders for majority stake in Avendus Capital

Kkr and avendus management are working together on the sale, the people said
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

ADB retains India's economic growth forecast at 7% for FY24, 7.2% for FY25

Due to the government's efforts toward fiscal consolidation, central government debt is projected to decline from 58.2 per cent of gdp in fy2023 to 56.8 per cent in fy2024
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Mindspace REIT to build 1 mn sq ft data centre campus in Navi Mumbai

Mindspace business parks reit will develop data centres for princeton digital group in navi mumbai comprising 1 million square feet area. in a statement, mindspace reit on wednesday said it has entered into a strategic partnership with princeton digital gr
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

I-T dept accuses Hinduja Global Solutions of Rs 2,500 crore tax evasion

Tax officials claim that hinduja global solutions (hgs) merged with a loss-making company after selling its profitable healthcare division to avoid paying taxes
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Mahindra & Mahindra and Skoda Volkswagen to sign joint venture soon

The jv will include sharing of costs, technologies, and vehicle platforms but will not include sedans, suvs, and premium brands like audi, porsche, and lamborghini sold by volkswagen and skoda
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Probe into EY India office reveals it lacked labour welfare permit

The law caps the maximum working hours for adults at nine hours each day and 48 hours each week
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Foxconn eyes bn investment for smartphone display assembly in Tamil Nadu

Foxconn has acquired around 500,000 sq ft at the esr oragadam industrial & logistics park, located next to its smartphone assembly plant near chennai
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Adani Energy Solutions, Green Energy join Utilities for Net Zero Alliance

Adani green energy and adani energy solutions have joined the utilities for net zero alliance, a joint statement said on tuesday. utilities for net zero alliance (uneza) was established at cop28 with the adoption of the uae declaration of action. the allia
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

AI healthcare firm Qure.ai completes mn Series D funding round

The investment will expedite expansion into the us market and other geographies, increase investment into foundational ai models and enable complementary med-tech company acquisitions
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

SBI Mutual Fund hikes 2.85% stake for Rs 900 cr in KPR Mill, now holds 7.7%

Sbi mutual fund on wednesday hiked its stake in kpr mill to 7.74 per cent by snapping up additional 2.85 per cent shares worth over rs 900 crore through an open market transaction. according to the bulk deal data on the bse, sbi mutual fund bought 97.35 la
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Promoter Nishant Pitti sells 14% stake in EaseMyTrip for Rs 920 cr

Nishant pitti, one of the promoter of easy trip planners, on wednesday divested a 14 per cent stake in the company for rs 920 crore through open market transactions. according to the bulk deal data available on the nse, nishant pitti sold 24,65,49,833 shar
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Infosys, Swedish electric car maker Polestar to set up tech hub in B'luru

It major infosys has collaborated with swedish electric performance car brand polestar to create a base for the latter's development of in-car infotainment, software and electrical/electronics engineering, user experience, and cloud-powered digital service
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

UBS Group completes acquisition of HDFC Bank shares valued at Rs 543 cr

Swiss financial services company ubs group on wednesday bought shares of private sector lender hdfc bank for over rs 543 crore through an open market transaction. according to the block deal data available on the bse, ubs group's arm ubs principal capital
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Goa Shipyard logs record revenue of Rs 1,753 cr from operations in FY24

Goa shipyard ltd (gsl) has achieved the highest-ever revenue from operation of rs 1,753 crore in fy24, a top company official said on wednesday. addressing the 58th annual general meeting of gsl, chairman and managing director brajesh kumar upadhyay said t
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Startup firm Whatfix raises 5 mn in Series E round led by Warbug Pincus

Supporting 80+ fortune 500 companies, whatfix registered top-decile performance with a 4.5x increase in annual recurring revenue since 2021 round, with new products contributing 15 per cent of revenue
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Coromandel International to acquire additional 8.82% stake in BMCC

Agro-chemicals firm coromandel international on wednesday announced the acquisition of an additional 8.82 per cent equity stake in senegal-based rock phosphate mining company bmcc through its wholly-owned subsidiary. with this, the company's overall shareh
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Zerodha profit jumps 61.5% in FY24; CEO warns of regulatory challenges

However, anticipates 30-50% drop in revenue next fiscal due to regulatory headwinds
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

NCLAT did not apply its mind in edtech firm Byju's case: Supreme Court

Indicates sending matter back to appellate tribunal to hear it afresh
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Vedanta board to meet on Oct 8; consider, approve 4th interim dividend

Mining major vedanta ltd on wednesday said its board will meet on october 8 to consider and approve the fourth interim dividend for 2024-25. the record date for the purpose of determining the entitlement of the equity shareholders for the fourth dividend,
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Amazon engaging with India on GPU procurement tender: Senior exec

Pankaj gupta, leader-public sector, amazon india, called the india ai mission an empowerment framework for the sector, and indicated that the firm was engaging with the government on the same
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Centre seeks CM Stalin's intervention to resolve ongoing Samsung strike

On the 17th day of the strike, the company also urged its workers to return to work, expressing its willingness to talk directly with the employees and not with the centre of indian trade unions
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

NPCI eyes Africa, South America for digital payment push via UPI: CEO

Earlier this year, the nipl signed deals with the central banks of peru and namibia to help them build real-time payment systems similar to upi
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Indian startup funding dips 7% to .6 billion in first nine months of 2024

Funding rounds declined to 1,036 from 1,579 during the same period, according to data from market intelligence platform tracxn's india tech 9m 2024 report
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

EY India employee death: Probe finds firm lacking labour welfare permit

The law caps the maximum working hours for adults at nine hours each day and 48 hours each week
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Zepto partners with US Polo Assn for 10-minute premium fashion delivery

Us polo assn's collection is now live on zepto, featuring a curated selection of classic polos and casualwear, allowing users to enjoy iconic fashion delivered within minutes
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

SBI has Rs 4 trn credit pipeline, pvt capex to pick up: Chairman C S Setty

Sbi chairman c s setty has said the bank has already got rs 4 lakh crore strong credit pipeline from india inc and expressed hope that capital expenditure by the private sector is expected to pick up in the second half of the fiscal year. "we see a good am
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

'JSW group not withdrawing Rs 40,000 crore EV project from Odisha'

The jsw group is not "withdrawing" its proposed rs 40,000 crore electric vehicle (ev) and battery project from odisha, a senior company official said on tuesday. the company's announcement comes after a section of media reported that the jsw group plans to
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

M2P Fintech raises Rs 850 crore in series D, valuation at Rs 6,550 crore

The capital raised in the latest funding round will be utilised to strengthen its operations in india and grow its international footprint, particularly in africa, the company said
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

L&T wins Rs 10K-15K cr power transmission, distribution orders in West Asia

As of june, l&t had an outstanding order book of rs 4.90 trillion, of which 35 per cent was from west asia
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

OYO estimates Ebidta to cross Rs 2,000 cr in FY26 with Motel 6 acquisition

The ebitda of ipo-bound travel tech platform oyo is expected to cross rs 2,000 crore in 2025-26 with the american budget hotel chain motel 6 adding substantially to its topline, according to documents. the travel tech unicorn estimates that motel 6 will a
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

India at cusp of digital renaissance, responsible AI key: IBM India MD

Ibm india managing director sandip patel on tuesday announced a "digital renaissance" in india, emphasising the country's leadership in ai adoption as he called for a focus on making ai practical, responsible, and embeddable. patel, managing director (md)
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

RPower seeks shareholders' nod to raise Rs 1,525 cr via preferential issue

Reliance power will seek shareholders' approval to raise rs 1,524.60 crore through a preferential issue. according to the postal ballot notice, the company will raise up to rs 1,524.60 crore by preferential issue of up to 46.20 crore equity shares and/or w
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

JSW group moves Rs 40,000 crore EV initiative to Maharashtra from Odisha

The jsw group is relocating its rs 40,000 crore ev and battery project from odisha to maharashtra, seven months after finalising an agreement with the state government
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Nurix AI raises .5 mn in funding round led by Accel, General Catalyst

Startup founded this year will use the financing on technology and business expansion
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Samsung strike risks India's global manufacturing ambition, warns GTRI

The gtri cautioned that if the tamil nadu government does not act swiftly, the current situation could mirror the closure of nokia's sriperumbudur plant a decade ago
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

SpiceJet resolves .7 mn dispute with Engine Lease Finance Corporation

Representatives from both spicejet and elfc are set to formalise the agreement, effectively ending all legal proceedings between the two
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Delaware Supreme Court rules Byju's defaulted on .5 bn loan to US lenders

Order allows lenders to take control of edtech company's assets in the united states
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Visa processing platform Atlys raises million in Series B funding

The fresh capital will fuel atlys' expansion strategy, empowering the company to enhance its product and engineering capabilities, enter new markets, and scale operations globally
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Sebi imposes Rs 9 lakh penalty on BGR Energy Systems for disclosure lapses

Capital markets regulator sebi on tuesday imposed a penalty of rs 9 lakh on bgr energy systems for disclosure lapses to the stock exchanges and flouting other market norms. the order came after the securities and exchange board of india (sebi) conducted an
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

India hub driving global AI innovation; new campus plans on track: SAP Labs

Sap labs india, the biggest r&d hub for german software maker sap outside its headquarters, is sharply focused on driving global ai innovations from here, managing director sindhu gangadharan said adding that plans for opening a new, sprawling campus in be
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

TVS Holdings, 2 others get CCI clearance to buy stakes in Home Credit India

The competition commission of india (cci) on tuesday approved the proposed acquisition of stakes in home credit india finance by tvs holdings, stpl, premji invest group as well as other related transactions. the deal includes acquisition of 80.74 per cent,
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Pepsales raises .1 million in a round led by Chiratae Ventures

The firm said it is targeting the global enterprise application software market, which has an estimated annual sales and marketing expense exceeding 0 billion
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Over 1 in 4 Indians likely to visit Flipkart during festive sale event BBD

Analysts believe market share gains by reliance jio and bharti airtel will continue
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

BSNL's market share gain from lower tariffs unlikely to impact Airtel, Jio

Analysts believe market share gains by reliance jio and bharti airtel will continue
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

NCLAT directs Vadilal Enterprises, Vadilal Int'l to keep boards status quo

The appellate tribunal nclat has directed vadilal enterprises and vadilal international to maintain the status quo of the structure of their boards until further orders. passing an interim order, a two-member nclat bench said it has already listed the appe
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Warburg Pincus exits Cartrade Tech; sells 8.64% stake for Rs 375 crore

Highdell investment, an entity owned by us-based private equity major warburg pincus, on tuesday divested its entire 8.64 per cent stake in cartrade tech for a little over rs 375 crore via an open market transaction. cartrade tech is one of india's largest
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

SC rejects Amit Goenka's plea against KPMG as auditor in Shirpur Gold case

The bench consisting of justice hrishikesh roy said they found no infirmity with the bombay high court order of august 14, which had dismissed goenka's plea
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

NBCC moves SC to complete stalled projects of realty major Supertech Ltd

The state-owned nbcc on tuesday moved the supreme court seeking to develop and complete embattled realty major supertech limited's 17 stalled or partially built projects where around 27,000 hassled home buyers are stuck for years. these 17 projects were la
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

India, US should aim to enhance agricultural productivity: ITC official

India and the us should aim to enhance agricultural productivity, improve food distribution system, and ensure the usage of sustainable practices to strengthen ties in the agri sector, a senior itc official said. both countries should leverage their respec
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

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