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

Workers paid 1.8x of average industry salary in Sriperumbudur: Samsung

Workers paid 1.8x of average industry salary in Sriperumbudur: Samsung

Striking workers demanding hike to rs 36,000/mth over three years
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Diljit Dosanjh concert ticket row: Zomato Live serves notice on Viagogo

Diljit Dosanjh concert ticket row: Zomato Live serves notice on Viagogo

Bookmyshow files police complaint
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

NMDC's best results as iron ore output up 10% in FY24; sales rise 16%: CMD

NMDC's best results as iron ore output up 10% in FY24; sales rise 16%: CMD

Nmdc posted "best-ever yearly performance" in fy24 with iron ore production rising 10 per cent to cross 45 million tonnes and sales going up 16 per cent to touch 44.48 million tonnes mark, the company's cmd amitava mukherjee said on tuesday. the nation has
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Fire incident at Tata Power's Trombay plant; no injuries, damage reported

Fire incident at Tata Power's Trombay plant; no injuries, damage reported

Tata power on tuesday reported about a fire incident at its trombay plant in maharashtra. the cause of the fire is currently under investigation, and no injuries or loss of life have been reported, the company said in an exchange filing. "...there was a fi
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Optimistic Capital launches India's first microbrewery-focused fund

Optimistic Capital launches India's first microbrewery-focused fund

India's microbrewery sector is expected to triple by 2030, with over 1,000 microbreweries projected, compared to around 300 in 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-09-24

Aiims Darbhanga to be built by NBCC arm; Centre awards Rs 1,261 cr contract

Aiims Darbhanga to be built by NBCC arm; Centre awards Rs 1,261 cr contract

Aiims darbhanga, approved by the union cabinet in 2020, will be built over 182 acres of land at a cost of rs 1,261 crore, which will be fully funded by the centre
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Fintech firm BharatPe to offer food ordering with latest ONDC integration

Fintech firm BharatPe to offer food ordering with latest ONDC integration

Similar to other food aggregator applications such as zomato and swiggy, customers using the feature would be able to track their orders on a real-time basis
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

SpiceJet raises Rs 3,000 cr through QIP, to receive additional Rs 736 cr

SpiceJet raises Rs 3,000 cr through QIP, to receive additional Rs 736 cr

With the latest capital infusion, spicejet plans to strengthen its operations, expand its fleet, and extend its network to meet growing passenger demand in the country
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

SC denies relief to Linde India, refuses to interfere with SAT's order

Sebi had directed nse to carry out the valuation of the business by the company
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Amazon announces commission hike for content creators ahead of festive sale

E-commerce platform amazon on monday announced an increase in its standard commission income rates across 20 plus sub-categories for over 50,000 content creators engaged with it. the revised structure will offer content creators 1.5x-2x increased income ac
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Govt held several roadshows for stake sale in Hindustan Zinc: Mines secy

The government has conducted several roadshows in the last 15 days in financial capitals like mumbai, london, boston and new york to assess the market and meet investors for sale of its stake in vedanta group firm hindustan zinc ltd. the government, which
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

AstraZeneca's experimental drug disappoints in breast cancer survival trial

The overall survival, or os rates, in the tropion-breast01 phase iii trial of datopotamab deruxtecan (dato-dxd), did not achieve statistical significance
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Fueled by Rs 3,000 crore fundraise, SpiceJet to aim 100 aircrafts by 2026

Spicejet will aim for 100 aircraft by 2026, announced following a rs 3,000 crore qip. the airline is facing financial crisis that arose due to covid-19 driven operational challenges and other factors
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Xiaomi asks Centre to recall antitrust report on Walmart's Flipkart

Any recall of the competition commission of india (cci) report could delay its antitrust investigation, which began in 2021
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Citigroup's China expansion plans face delays over pending US Fed clearance

Citigroup was told to address its data management issues in the us after being fined 6 million in july which has added complications in meeting china's licensing requirements
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Amid Bangladesh turmoil, Adani eyes Indian power grid to link Godda plant

Adani power's jharkhand plant, which sells its entire output to bangladesh, is exploring selling power in india. this comes amid reports that bangladesh may review its pact with the company
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Inox Wind secures Rs 2,200 cr financing deal with ICICI Bank-led consortium

Wind energy solutions provider inox wind on monday said it has signed an agreement with a consortium led by icici bank to tie up rs 2,200 crore finance facility. this limit is likely to be enhanced further to rs 2,400 crore as per the working capital asses
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

SpiceJet raises Rs 3,000 crore through QIP, to receive additional Rs 736 cr

Domestic carrier spicejet on monday said it has raised rs 3,000 crore through a qualified institutional placement (qip). the qip, which opened on september 16 and closed on september 18, received an overwhelming response from qualified investors and got si
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Tata Sons' Rs 1,500 crore GST demand dismissed in Docomo settlement case

The case originated in 2019, when the directorate general of gst intelligence (dggi) imposed an 18 per cent gst on the .27 billion paid by tata sons to docomo in 2017
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Apollo Global proposes billion investment in troubled chipmaker Intel

Apollo global management's proposed investment signals confidence in intel's turnaround, as the chipmaker struggles with costly transformation efforts
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Reliance Power board meeting on Sept 23; firm to consider fund raise

Anil ambani's reliance group has in recent years seen marquee firms being auctioned in insolvency proceedings and piling debt-fold businesses. but the group has, in the week gone by, made announcements that investors believe may mark its transformation. in
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Amazon scales up operations network to meet festive season demand

Amazon india is making significant investments and scaling up its operations network as it prepares to serve millions of customers throughout india during the upcoming festive season
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Lighthouse Advisors pares over 2% stake in V2 Retail for Rs 85 crore

Private equity firm lighthouse advisors on monday divested a 2 per cent stake in value retail chain v2 retail for rs 85 crore via open market transaction, while motilal oswal mutual fund acquired shares of the company. the mumbai-based lighthouse advisors
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Power giant NHPC pays final dividend of Rs 338.5 cr to Centre for FY24

State-owned hydro power giant nhpc on monday said it has paid a final dividend of rs 338.51 crore to the government of india for 2023-24. in addition, an interim dividend of rs 947.82 crore for 2023-24 was paid on march 5, 2024, aggregating a total dividen
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Walmart's Flipkart appoints former Reliance executive Seema Nair as CHRO

Nair has previously worked with hindustan coca-cola beverages as chro for india and saarc, where she contributed significantly to sales retention and supply chain productivity
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Foxconn, Stellantis JV set up R&D for auto semiconductors tech in India

Foxconn-backed automotive technology company siliconauto has set up its research and development centre in bengaluru which will focus on semiconductor product design and system-on-chip development for the automotive sector. siliconauto is a joint venture b
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

InGovern raises concern over AGM delay; Religare calls report manipulative

Proxy advisory firm ingovern has raised concern over religare enterprises postponing its 40th annual general meeting "without any valid reason" and has sought a sebi probe into the matter, but the company termed the report manipulative. the regulator may e
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Samsung lines up 'no work, no pay' policy to bring back striking workers

According to sources, a significant number of striking workers returned to work on monday after the show cause notice was issued
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

PNB fixes floor price of Rs 109.16 per share for its share sale via QIP

State-owned punjab national bank (pnb) on monday fixed a floor price of rs 109.16 per share for its share sale through qualified institutional placement (qip). the bank had taken board approval last year for raising up to rs 7,500 crore via share sale in o
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

GlobalFoundries' Kolkata Power Center key for emerging tech like GaN

The kolkata power center came to light in the press statement following the meeting between prime minister narendra modi and us president joe biden
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Auto component maker Samvardhana Motherson raises Rs 6,438 crore via QIP

Auto components maker samvardhana motherson international on monday said it has raised rs 6,438 crore via issue of securities. the qip issue garnered strong interest from both domestic and foreign institutional investors, leading to substantial demand over
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Reliance Power to raise Rs 1,525 crore through preferential issue

Parent entity reliance infrastructure to increase equity in r-power by rs 600 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Deposits, pricing of loans may be key tasks for new Federal Bank CEO

Improving pricing power key for better roa
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Bankruptcy court seeks SpiceJet's reply over unpaid operational dues

The court was told that the said debt has been acknowledged by the airline and yet there has been no compliance
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Air India derosters 3 cabin members for lapses in opening aircraft door

Air india has derostered three cabin crew members for an erroneous approach in opening the door of a boeing 777 aircraft that led to the auto-deployment of the emergency slides, according to sources. the incident happened with the boeing 777 plane at the b
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Oister Global, Tribe Capital partner to launch 0 million fund

With a pipeline of identified investments, the firms aim to leverage their complementary strengths: oister's deep local market expertise and tribe capital india's quant-driven diligence
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case

Markets regulator sebi on monday imposed a penalty of rs 1 crore on anmol ambani, son of industrialist anil ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in reliance home finance matter. additionally, the
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Prestige Group eyes Rs 1,100 cr revenue from new housing project in B'luru

Realty firm prestige group has launched a new housing project in bengaluru with a sales potential of rs 1,100 crore. the project 'prestige pine forest', spread over 9 acres, is located at whitefield in bengaluru. the company will develop 316 units in 4 tow
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Josler Energy, IGL, Heath Consultants join hands for safe, green gas infra

Oil exploration and production player josler energy on monday announced its collaboration with heath consultants, inc and indraprastha gas ltd under the us-india low emissions gas task force (legt). as per the collaboration, advanced gas leak detection tec
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Tata Power-DDL receives patent for transformer life-enhancing device

Tata power delhi distribution ltd on monday said it has received a patent for self-regenerating transformer breather for 20 years. the 'self-regenerating breather' is a device protecting a transformer from moisture ingress and thus, increases the longevity
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

Vodafone Idea begins fresh talks with govt on AGR dues: CEO Akshaya Moondra

Bank funding to conclude in 7-8 weeks, says vi ceo
Tag: Company India    Source: business-standard.com   Dated: 2024-09-23

HFCL to supply critical sub-systems of drones for General Atomics ASI

Home-grown telecom firm hfcl has been selected by general atomics aeronautical systems incorporated to develop and supply critical sub-systems for the us-based defence technology firm's advanced unmanned aircraft systems, the company said on sunday. hfcl i
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Villa rental firm StayVista aims for 2028 IPO; eyes revenue of Rs 600 cr

Damani plans to capitalise on this growth by solidifying their presence in the largest markets and venturing into new domestic geographies
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

NCLAT junks plea of Liberty Shoes' former CEO seeking ease of norms

Appellate tribunal nclat has dismissed the petition of adesh kumar gupta, former ceo and executive director of liberty shoes, seeking an exemption from minimum shareholding norm to file a case of oppression and mismanagement against the company. gupta has
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

DreamFolks asserts contract validity amid lounge access disruption

Aahl has allowed lounges at adani-operated airports to accept all major debit and credit cards from other access providers
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Proxy advisory firm InGovern raises concern over Religare AGM delay

Certain institutional investors have expressed their discontent, suggesting that it may be a strategy to avoid a vote on saluja's reappointment, the report added
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Airport lounge access disrupted after Dreamfolks suspends services: AAHL

Adani group's subsidiary adani airport holdings ltd (aahl) on sunday said passengers at airports across the country have been experiencing disruptions in airport lounge access, owing to the abrupt suspension of the services by dreamfolks. aahl, in a statem
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

India likely to clock 7% growth in FY25 despite headwinds: Deloitte

India continues to be a bright spot in an otherwise gloomy global outlook and the country could clock a 7 per cent growth in the current fiscal despite the headwinds, deloitte south asia ceo romal shetty has said. shetty, who is the youngest chief executiv
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

NCLAT directs distribution of ITNL entity's lenders, to pay 75% to BKEL

The national company law appellate tribunal (nclat) has ordered an interim payment of 75 per cent of the total amount deposited in an escrow account to lenders of baleshwar kharagpur expressway limited (bkel), promoted by il&fs transportation networks ltd
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Poor most hit on fertility front due to lifestyle issues: IVF specialist

Infertility is not just a medical condition but a crisis fuelled by lifestyle choices, with infertility rates soaring particularly in lower-income groups and tier 2 and 3 cities where access to healthcare is limited, a top ivf specialist said. dr ajay murd
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Axis Finance, IDBI withdraw petitions against Zee-Sony merger at NCLAT

Axis finance, idbi bank & idbi trusteeship services have withdrawn their petitions before the appellate tribunal nclat filed against the nclt order approving the merger of zee entertainment with sony pictures networks india. the national company law appell
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Centre probing Netflix for visa violations, racial bias, shows email

The details of india's investigation were included in a july 20 email, reviewed by reuters, which was written by a home ministry official to netflix's former director of business and legal affairs
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Orchid AMS eyes Rs 300 cr turnover in 3 years for antimicrobial resistance

Orchid pharma's newly-formed antimicrobial solutions division is targeting a turnover of up to rs 300 crore in the next three years with about 250 strong salespeople onboard while combating the challenge of antimicrobial resistance in india, according to a
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Adani Energy Solutions valued at .5 bn; revenue to grow 20% over 3 years

Adani energy solutions ltd, power transmission utility of the adani group, is valued at usd 18.5 billion at enterprise level and a strong business growth is likely to propel a 29 per cent compounded growth in its pre-tax profits over the next three years,
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Vodafone Idea awards Rs 30k-cr contracts for 4G, 5G gear supply for 3 years

Debt-ridden vodafone idea on sunday said it has awarded contracts worth about rs 30,000 crore to nokia, ericsson and samsung for supply of 4g and 5g network equipment for three years. the deal is the first step towards the roll-out of the company's three-y
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

Signature Global gives Rs 320 cr contract to ACC to build housing project

Realty firm signature global has given rs 320 crore contract to acc india for construction of its luxury housing project in gurugram. the company has appointed acc india pvt ltd for civil, structure and part mep work for all the towers, basements and other
Tag: Company India    Source: business-standard.com   Dated: 2024-09-22

SpiceJet raises Rs 3,000 cr from institutional investors via share sale

Spicejet has raised rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline. foreign entities, including societe generale - odi, goldman sachs (singapore) pte - odi, nomura singap
Tag: Company India    Source: business-standard.com   Dated: 2024-09-21

Byju Raveendran apologises to employees, pledges support amid challenges

As a small token of appreciation, raveendran said he has managed, against all odds, to borrow some funds and to compensate the employees and urged them to continue teaching
Tag: Company India    Source: business-standard.com   Dated: 2024-09-21

FIR against X users for claiming 'Amul' ghee used in Tirupati laddus

Police on saturday registered a case against seven users of social media platform 'x' for allegedly spreading misinformation that the "low quality" ghee used for making laddus at the tirupati temple belonged to the 'amul' brand, an official said. a massive
Tag: Company India    Source: business-standard.com   Dated: 2024-09-21

NCLAT rejects tax claim against RCom after initiation of insolvency

The nclat has set aside a petition filed by the state tax department claiming dues from reliance communications (rcom) observing that it was based on the assessment made after the initiation of insolvency resolution process against the debt-ridden firm. a
Tag: Company India    Source: business-standard.com   Dated: 2024-09-21

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