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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

HITES registers 31% increase in net profit at Rs 32.86 crore in FY24

Hll infra tech services ltd (hites) has reported a 31 per cent jump in net profit to rs 32.86 crore in 2023-24 compared to rs 25 crore in fy23 on higher revenue from the infrastructure division, the health ministry said on wednesday. the total turnover of
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

HCLTech to enable 25,000 engineers on Gemini to scale GenAI solutions

Hcltech recently launched hcltech ai force, a pre-built genai platform that optimises engineering lifecycle processes from planning through development, testing and maintenance
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Blackstone to invest bn yearly in India, wants quicker M&A clearances

Global private equity major blackstone group is confident of investing usd 2 billion annually in india, a top official said on wednesday. its chief operating officer jonathan d gray pitched for a slew of measures to improve the ease of doing business for f
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Britannia NutriChoice launches health monitoring app NutriPlus in India

To mark world health day, britannia plans to make the app accessible to consumers through the google play store and apple app store
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Aurobindo's Eugia recalls pain-relieving injection Methocarbamol in US

The recall comes after a consumer complained about possible contamination
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Eyestem gets CDSCO nod to conduct human trials to treat retinal vision loss

Dry age-related macular degeneration (amd) causes degeneration of retinal cells resulting in vision loss in people over the age of 60
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

GenAI startup Vodex raises mn in seed funding round for biz expansion

Vodex helps businesses connect with customers via human-like phone conversations, driving sales and improving customer engagement
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Virgin Atlantic eyes Indian skies, aims to touch 1 million seats by 2025

It launched a new daily direct flight from london heathrow to bengaluru on march 31 and will launch its second daily direct service from london heathrow to mumbai from october 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

'Samsung India's 70% of appliances sales to be from smart products by 2025'

Artificial intelligence-powered and internet-connected smart appliances would contribute 70 per cent to india sales of samsung, a top official of the leading appliances and consumer electronics goods maker said. encouraged by the rising adoption of ai-powe
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

UP extremely important, one of fastest-growing markets for Amazon: Srikanth

Terming uttar pradesh as an "extremely important" and "one of the fastest-growing markets" for amazon.in, a senior company official said 2023 witnessed healthy double digit growth, and that momentum has continued this year, too. "in uttar pradesh, we are d
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

FLY91 partners with IBS Software to power its commerce operations

Fly91, the country's youngest regional airline, has partnered with ibs software to power its commercial operations. fly91 aims to provide an air alternative to road and rail travel across underserved routes in india. ibs software has created a reservation
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

India becomes Suzuki's 2nd market to cross 30 mn cumulative production mark

India has become the second country for suzuki motor corporation to cross cumulative production of 3 crore units, reaching the milestone even faster than it achieved in its home nation, the japanese carmaker said on wednesday. the company's subsidiary, mar
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Jindal Stainless to divest entire 26 pc stake in Jindal Coke by September

Jindal stainless on wednesday said it aims to complete divestment of its entire 26 per cent stake in jindal coke by september this year. in the first tranche, the company has offloaded 4.87 per cent shares in jindal coke for over rs 36.49 crore. these shar
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

HCLTech announces alliance with Google Cloud to scale Gemini to global cos

It services firm hcl technologies (hcltech) on wednesday said it has expanded alliance with google cloud to create industry solutions by using the us tech giant's multimodal large language ai model, gemini. hcltech will familiarise and train its 25,000 eng
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Vodafone Idea receives shareholders' approval for Rs 20,000 cr fundraising

Proposed financing may go towards vodafone idea's long-awaited 5g rollout and fortifying its 4g services
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Air India launches revamped customer loyalty programme with added features

Private carrier air india on wednesday launched a revamped loyalty programme with a simplified structure, offering more rewards and added benefits to its customers. in its first overhaul in more than a decade, the revamped loyalty programme -- flying retur
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

NALCO posts record cast metal production at 463,000 metric tonne in FY24

State-owned nalco has made a record production of cast metal at 4,63,428 metric tonne during the financial year 2023-24. the company has also made its highest-ever metal sales of 4,70,108 metric tonne during the fiscal ended march 31, it said in a statemen
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Toyota Kirloskar looks to introduce more premium models in India: Official

Toyota kirloskar motor is looking to drive in more premium models in the country with customers gradually moving towards bigger-sized vehicles in the market, according to a senior company executive. the company, which sells models like innova and fortuner,
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Amid Vistara flight disruption woes, CEO Vinod Kannan to meet pilots today

Vistara crisis: more than 100 vistara flights were cancelled in the past two days due to pilots calling in sick, causing significant inconvenience to the passengers
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Malaysia Airlines inks initial pact with IndiGo for codeshare partnership

Malaysia airlines has inked an initial pact with domestic no-frills carrier indigo for a codeshare partnership to boost connectivity between the two countries. moreover, a cooperation agreement between the two airlines will enable both carriers to provide
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Forbes billionaires list: Ambani richest Asian with net worth of 6 bn

Mukesh ambani retained his position as the ninth richest person in the world and both india's and asia's richest person in 'forbes world's billionaires list 2024: the top 200'
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Sony India seeks to increase subscribers, revenue in FY25: CEO N P Singh

Sony pictures networks india is looking to boost its subscriber base and revenue through impactful content, while looking at strategic partnerships as it gears up to face a challenging fiscal year 2024-25, according to its managing director & ceo n p singh
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Brokerages expect a gradual recovery in advertising revenues for Sun TV

Brokerages are positive on the stock given its attractive valuations and expect a re-rating if there is value unlocking for its ipl franchise
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Adani Green becomes first Indian firm with 10K MW renewable energy capacity

Adani green energy ltd on wednesday said it has commissioned 2,000 mw of solar capacity at the giant khavda solar park in gujarat that has made it the first company in india with over 10,000 mw of renewable energy capacity. the company now has an operating
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Indosol Solar aims to complete Rs 15,000 crore ingot to module unit by 2025

Shirdi sai electricals limited will make an initial investment of rs 15,000 crore to build an integrated solar cell to module manufacturing facility at ramayapatnam in andhra pradesh, its ceo sharat chandra said on wednesday. the investments in the first p
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Disney shareholders back CEO Robert Iger, rebuff activist shareholders

Disney shareholders rallied behind longtime ceo robert iger, voting wednesday to rebuff activist investor nelson peltz and his ally, former disney chief financial officer jay rasulo, who had sought seats on the company's board. the company had recommended
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Calcutta HC admits petition filed by Tata Steel over loan waiver from SDF

The case has been opened today by tata steel, and the hearing will continue on april 8, 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Blackstone to invest bn annually in India with primary focus on infra

Pe major wants india to expedite m&a clearances and enhance commercial dispute resolution
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Amazon web services slashes hundreds of jobs as part of cost-cutting drive

Sales growth at aws, the largest seller of rented computing power and data storage, slowed to a record low last year as corporate customers cut spending and delayed technology modernization projects
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Singapore Tourism Board, PhonePe sign MoU to boost UPI for Indian tourists

The collaboration with the tourism board and the bengaluru-based company builds upon the existing unified payments interface (upi) linkage between india and singapore
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Aon completes transaction to acquire Global Insurance Brokers in India

The process is expected to be completed later this year. in the meantime, global insurance brokers will operate independently as an aon company
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Aster DM Healthcare concludes separation of biz in India, Gulf region

Aster dm healthcare on wednesday said it has completed the separation of its india and gcc businesses. under the separation plan, a consortium of investors led by fajr capital, a sovereign-backed private equity firm, has acquired a 65 per cent stake in ast
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Samsung India expects high sales growth for ACs, refrigerators this summer

Sales of consumer durables such as acs and refrigerators were impacted last year due to unseasonal rains, resulting in lower-than-normal temperatures
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Vedanta Aluminium expands alumina capacity to 3.5 MT at Lanjigarh unit

Vedanta aluminium on wednesday said it has expanded its annual alumina refining capacity to 3.5 million tonnes at its lanjigarh unit in odisha. the alumina refining capacity earlier was 2 million tonnes per annum (mtpa), the company said in a statement. it
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Shirdi Sai Electricals makes Rs 15k cr investment to set up solar cell unit

Shirdi sai electricals limited will make an initial investment of rs 15,000 crore to build an integrated solar cell to module manufacturing facility at ramayapatnam in andhra pradesh, its ceo sharat chandra said on wednesday. the investments in the first p
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

HP gaming PC sales in India more than doubles to 285,000 over two years

The sale of hp inc gaming pcs in india has more than doubled to 2.85 lakh over two years ending march 31, 2023 even though business remained almost flat in 2022-23, according to industry sources. the company has recorded sales of 1.31 lakh gaming personal
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Flight schedule to normalise in 2-3 days: Vistara CEO Vinod Kannan

According to sources, he thanked the pilots for accepting the new salary structure proposed as part of vistara's ongoing merger with air india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Union Bank raises Rs 42,000 cr from DIFC to fund overseas business growth

State-owned union bank of india on wednesday said it has raised usd 500 million (about rs 4,200 crore) from foreign markets to fund overseas business growth. the fund was arranged by dubai international financial centre (difc), dubai branch, union bank of
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

PFC pays highest-ever interim dividend of Rs 2,033 crore to govt for FY24

State-owned pfc on wednesday said it has paid a total dividend of rs 2,033 crore to the government for the financial year 2023-24. the company has paid the dividend in three instalments of rs 554 crore, rs 832 crore and rs 647 crore, it said in a statement
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Canara Bank launches loan products to meet hospitalisation expenses

State-owned canara bank on wednesday launched a slew of new products, including a loan scheme to meet shortfall of hospital expenditure. a healthcare-focused loan product called canara heal is aimed at meeting the shortfall of hospitalisation expenditure w
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

NCLT initiates insolvency proceeding against MEP Infrastructure Developers

The national company law tribunal has initiated the corporate insolvency resolution process (cirp) against mep infrastructure developers ltd on a plea filed by bank of india and appointed an interim resolution professional to take control of the company. t
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Indian travellers can now use PhonePe to make payments via UPI in Singapore

Fintech firm phonepe on wednesday said its users can now make payments through upi in singapore under a pact signed by the company with the singapore tourism board. the collaboration has been built upon the existing unified payments interface (upi) linkage
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

Vi shareholders approve Rs 20,000 cr fundraise through securities issuance

The telco is looking to raise up to rs 45,000 crore through equity & debt
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

EV-led delivery service firm Zypp Electric posts 3x revenue growth in FY24

Zypp electric is now operationally profitable, the company claimed
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

General Atlantic acquires majority stake in Ujala Cygnus hospitals

Ujala cygnus currently operates 21 hospitals in five states of northern india, catering mainly to tier-2 and tier-3 cities
Tag: Company India    Source: business-standard.com   Dated: 2024-04-03

ABCL gains over 10% as Macquarie initiates coverage with 'outperform' call

In its note, macquarie said abcl's lending non-banking finance (nbfc), housing finance company (hfc), and life insurance portfolio makes it an attractive proposition
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

From United Spirits to Zomato, multiple companies get tax demand notices

Icici securities on tuesday said it has received a tax demand of about rs 66.70 lakh from the gujarat state gst department. in a regulatory filing, the brokerage firm said the demand includes demand of gst worth rs 31.78 lakh, interest of rs 31.72 lakh and
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

JSW Energy to raise 0 million via share sale to institutional investors

The share placement could be done in one or more tranches, the energy arm of jsw group said in an exchange filing
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

MakeMyTrip, STB partner to promote Singapore to Indian travellers

Online travel service provider, makemytrip ltd on tuesday said it has entered into a partnership with singapore tourism board for promoting singapore as a key destination to indian travellers. the two partners have signed a memorandum of understanding (mou
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

Aditya Birla Fashion and Retail shares zoom 17% on demerger announcement

Post the demerger, abrfl's portfolio will consist of value retail (pantaloons), ethnic wear, luxury and digital brands
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

SpiceJet to soon receive Q400 plane as part of settlement with lessor NAC

Spicejet on tuesday said it will soon be receiving a q400 aircraft as part of the settlement reached with lessor nordic aviation capital (nac) last year. the airline has settled all past liabilities for the q400 planes leased from nac, and under the settle
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

'SBI refuses to disclose SOP for sale, redemption of electoral bonds'

The state bank of india (sbi) has refused to disclose its standard operating procedure for the sale and redemption of the electoral bonds that were issued to its authorised branches, citing the exemption given under "commercial confidence", according to an
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

Bharat Biotech, Bilthoven Biologicals collaborate for oral polio vaccines

Bharat biotech is a leading biotech company based in india and is a global supplier of vaccines and biotherapeutics
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

PepsiCo to invest Rs 1,266 crore to set up new facility in Madhya Pradesh

The ujjain-plant will be crucial for pepsico's beverage production in india, enabling the company to meet the rising demand
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

HMSI reports 81% surge in domestic sales at 358,151 units in March

Honda motorcycle and scooter india on tuesday reported an 81 per cent year-on-year jump in domestic wholesales at 3,58,151 units in march. the company had dispatched 1,97,542 units to its dealers in march 2023. exports increased 95 per cent to 28,304 units
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

Byju's laying off employees via phone calls, dropping notice period: Report

The latest round of layoffs at edtech firm is estimated to affect between 100 to 500 employees
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

Bharat Biotech, Bilthoven Biologicals collaborate for oral polio vaccines

Bharat biotech on tuesday said it has collaborated with the netherlands-based bilthoven biologicals b.v, a wholly-owned arm of serum institute of india, to strengthen production and supply security of oral polio vaccines. an agreement has been signed betwe
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

Zomato gets service tax demand and penalty order of Rs 184 cr

Online food delivery platform zomato said it has received a service tax demand and penalty order aggregating over rs 184 crore, and will file an appeal against it before an appropriate authority. the demand order has been received for non-payment of servic
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

PepsiCo India to invest Rs 1,266 crore to set up flavour facility in MP

Pepsico india on tuesday said it will invest rs 1,266 crore to set up a flavour manufacturing facility at ujjain in madhya pradesh as part of its expansion plans in the country. the plant spread over 22 acres, will play a significant role in scaling up pep
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

Haldia Petchem planning bn oil-to-chemical project in south India

The company wants to boost profits by locally producing specialty chemicals
Tag: Company India    Source: business-standard.com   Dated: 2024-04-02

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