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
Oyo buys leading US hotel chain G6 Hospitality from Blackstone for 5mn
Oyo has steadily expanded its footprint in the united states since its launch in the region in 2019 and currently operates over 320 hotels across 35 states
Tag: Company India Source: business-standard.com Dated: 2024-09-21
Amrut unveils jaggery-distilled rum 'Bella' starting with Karnataka
Amrut further said that bella has matured for six years in ex-bourbon barrels under tropical climatic conditions
Tag: Company India Source: business-standard.com Dated: 2024-09-21
OYO to acquire iconic Motel 6 brand in 5 million all-cash deal
Ipo-bound travel tech platform oyo on saturday announced it has agreed to acquire iconic american budget hotel chain motel 6 and studio 6 brands from blackstone real estate for usd 525 million in an all-cash transaction, as the indian unicorn eyes expansio
Tag: Company India Source: business-standard.com Dated: 2024-09-21
GM recalls 449K SUVs, pickups over faulty low brake fluid warning light
General motors is recalling more than 449,000 of its suvs and pickup trucks because the electronic brake control module software may fail to display a warning light when a loss of brake fluid takes place. the national highway traffic safety administration
Tag: Company India Source: business-standard.com Dated: 2024-09-21
Wave Group plans launch of 9,000 flats in 'Wave City' project at Ghaziabad
Realty firm wave group plans to launch around 9,000 flats in its 4,200-acre township 'wave city' at ghaziabad to monetise its huge land bank amid strong housing demand. in a statement, wave group said it is planning to launch about 7 million square feet in
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Vodafone Idea calls urgent investor meeting after AGR ruling setback
The telecom company, struggling under massive debt, is facing heightened uncertainty following the supreme court's decision
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Adani Ports sign MoU with Rorix Holdings for trade, logistics purposes
Adani ports and special economic zone limited (apsez) is india's largest port developer and operator
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Capital A launches Rs 400 cr fund to target manufacturing, climate startups
Fund ii will invest in 17-20 companies, offering initial investments between 0,000 and million, with total commitments of -3 million per company over their growth cycles
Tag: Company India Source: business-standard.com Dated: 2024-09-20
BharatPe fraud case: Delhi Police EOW nabs Ashneer Grover's family member
Delhi police economic offences wing (eow) has arrested a family member of bharatpe co-founder ashneer grover in connection with the alleged misappropriation of funds with the fintech company, police officials said on friday. deepak gupta, who is a brother-
Tag: Company India Source: business-standard.com Dated: 2024-09-20
DPIIT refers complaint against quick e-commerce players to CCI: Report
Dpiit, which comes under the commerce and industry ministry, has referred a complaint of alleged unfair business practices against quick commerce players to the competition commission, according to sources. the complaint was submitted by the all india cons
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Moglix to invest million in Credlix for expansion in USA, Mexico
B2b e-commerce unicorn moglix on friday announced its plans to invest usd 50 million to support the expansion of its supply chain financing subsidiary, credlix, into the us and mexico. credlix will offer collateral-free financing solutions that improve cas
Tag: Company India Source: business-standard.com Dated: 2024-09-20
PhysicsWallah raises 0 mn; valuation jumps 2.5 times to .8 bn
Edtech unicorn physicswallah said on friday it has raised usd 210 million in a funding round led by hornbill capital at a 2.5 times higher valuation of usd 2.8 billion. lightspeed venture partners, along with existing investors gsv and westbridge, also par
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Reliance Infrastructure gets Rs 1,100 crore infusion from promoters
Of this issue, rs 1,104 crore will be invested by the promoters of reliance infrastructure through the promoter company risee infinity private limited. risee will subscribe to 46 million shares
Tag: Company India Source: business-standard.com Dated: 2024-09-20
NBFC Aye Finance raises million in series G round led by ABC Impact
The latest round of funding comes eight months after the company raised million in a series f round
Tag: Company India Source: business-standard.com Dated: 2024-09-20
CARE Ratings downgrades IIFL Finance's long-term instruments to "AA-"
The rating agency, in a statement placed on its website, said the assets under management (aum) of ifl's gold business shrunk to rs 14,727 crore as of june 30, 2024
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Axis Capital to explore legal remedies against Sebi's ban on debt segment
Axis capital on friday said it is exploring legal remedies against markets regulator sebi's order restraining the firm from taking up new assignments as a merchant banker for the debt segment. in a statement, the company clarified that sebi has not imposed
Tag: Company India Source: business-standard.com Dated: 2024-09-20
TCS announces launch of new delivery centre in Poland, aims to expand ops
The centre forms part of tcs' european delivery network, facilitating the delivery of hyper-connected services
Tag: Company India Source: business-standard.com Dated: 2024-09-20
SC dismisses SpiceJet's plea against HC order grounding 3 aircraft engines
The supreme court on friday upheld an order of the delhi high court which directed low-cost airline spicejet to ground three aircraft engines for defaulting on payments to lessors. a bench comprising chief justice d y chandrachud and justices j b pardiwala
Tag: Company India Source: business-standard.com Dated: 2024-09-20
TCS expands operations in Poland, aims to double workforce in a year
Tata consultancy services (tcs) on friday said it has expanded operations in poland with the opening of a new delivery centre in warsaw, and expects to double its workforce in the region to over 1,200 within a year. the new delivery centre showcases tcs' c
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Quick commerce platforms race to deliver iPhone 16 in under 10 minutes
Customers will be able to take advantage of special offers, discounts, and even emi options available through unicorn stores when purchasing the iphone 16 series via blinkit
Tag: Company India Source: business-standard.com Dated: 2024-09-20
BSNL adds 2.9 mn users after telecom rivals hiked tariffs in July
State-owned telecom company was the only one in industry not to raise tariff
Tag: Company India Source: business-standard.com Dated: 2024-09-20
L&T acquires 12.25% stake worth Rs 12.5 crore in quality management firm
Engineering and construction giant larsen & toubro has acquired 12.5 million equity shares in not-for-profit company indian foundation for quality management
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Daikin Industries invests Rs 1,400 cr in India to boost local manufacturing
According to recent regulatory filings by daikin airconditioning india with the registrar of companies (roc), this capital was provided in two phases: rs 600 crore in june and rs 800 crore in august
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Reliance Infra to receive Rs 1,100 cr equity infusion from promoters
Anil ambani's flagship firm, reliance infrastructure ltd is set to receive rs 1,100 crore equity infusion from the promoters and another rs 1,910 crore from two mumbai-based investment firms, according to a filing by the company. the board of the company h
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Edtech startup Physics Wallah's valuation crosses .8 bn with new funding
0 mn series b funding round led by hornbill capital; physics wallah will use funding to expand reach
Tag: Company India Source: business-standard.com Dated: 2024-09-20
'Will never happen again': EY India Chairman on missing CA's funeral
'completely alien to our culture', says rajiv memani after letter written by grieving mother of deceased employee creates controversy
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Oberoi Group exits UAE market, ends partnership with Al Zorah Resort
The management contract between eih holdings ltd, a subsidiary of eih ltd, and al zorah development private co ltd will officially end on february 28, 2025
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Adani Group eyes 46.64% stake acquisition in ITD Cementation India
Acquisition in itd cementation india would strengthen adani group's civil engineering capabilities
Tag: Company India Source: business-standard.com Dated: 2024-09-20
EQT to acquire 100% stake in Indostar Home Finance for Rs 1,750 crore
The fund will also invest an additional rs 500 crore to fuel the company's geographic expansion and digital transformation
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Will take action based on facts revealed in probe: Govt on EY worker death
Reacting to the death of an ey employee allegedly due to 'overwork', minister of labour and employment mansukh mandaviya said that action will be taken based on whatever facts are revealed in the investigation.mansukh mandaviya said, "be it a white collar
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Over Rs 3 trn needed each year to reach 440 GW RE capacity by 2030: ICRA
An investment of over rs 3 lakh crore is needed every year in the renewable energy sector to take india's installed green capacity to 440 gigawatt, icra experts said on friday. "we expect india to have 440 gigawatt installed capacity of renewable energy by
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Amazon India launches AI chatbot Rufus ahead of its festive sale event
E-commerce major amazon india has launched a new generative ai-powered conversational shopping assistant, rufus, ahead of the start of its festive sale event. rufus enables natural language interactions within the amazon app, making it easy to ask product-
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Apple harvest: iPhone 16 sales up 15-20% over iPhone 15 on inaugural day
Shah points out that the agency has conducted a dipstick study on the first day to gauge consumer sentiment and traction
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Hacker uses Telegram chatbots to leak data of Star Health Insurance: Report
Using the chatbots enabled downloading policy and claims documents featuring names, phone numbers, addresses, tax details, copies of id cards, test results and medical diagnoses
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Internship Scheme: Govt to list out 500 companies based on CSR spend
Scheme portal to go live by sep-end
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Vodafone Idea to brief analysts, investors on AGR verdict on Monday
The vi stock rose 1.35 per cent on friday to close at rs 10.52 a piece, a day after plummeting by 19.7 per cent
Tag: Company India Source: business-standard.com Dated: 2024-09-20
ATGL enters into financing framework, to raise $ 375 mn in initial round
The company said the maiden financing of 5 million executed with international lenders includes an initial commitment of 5 million with an accordion feature to enhance the commitments
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Govt notifies amendments in competition law related to CCI probe procedure
The government has notified a provision in the amended competition law related to investigation procedure whereby regulator cci can issue show cause notices to parties concerned as well as grant them time to respond before passing a final order. the compet
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Hybrid, EVs each could have 8 per cent market share by FY28: ICRA
The share of compressed natural gas (cng)-run cars is also expected to increase from 14 per cent in 2023-24 to 18 per cent in 2027-28
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Jio, Airtel, Vi see customer loss post tariff hike, BSNL July's only gainer
The impact of mobile phone service tariff hike was evident in july with reliance jio, bharti airtel, vodafone idea reporting loss of customer base, which resulted in an overall decline in telecom subscribers in the country. reliance jio, bharti airtel and
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Mankind Pharma to raise funds up to Rs 10k crore via debt instruments
The board announced the issuance of corporate guarantees for four of its subsidiaries, namely mankind agritech, appian properties, copmed pharmaceuticals, and lifestar pharma.
Tag: Company India Source: business-standard.com Dated: 2024-09-20
EY employee death fallout: Deloitte forms panel to review people practices
Amid a social media storm over the death of a young employee at tax consultancy major ey allegedly due to work pressure, deloitte has formed a three-member external committee, which includes former revenue secretary tarun bajaj, to look into practices, pol
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Tata Steel commissions blast furnace, boosts Kalinganagar capacity
With the current expansion, tata steel's capacity across sites in odisha is at 14.6 mt. in jharkhand, tata steel's capacity is at 12 mt, of which jamshedpur works is at 11 mt
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Air India hired 9,000 employees in two years to meet needs: Airline chief
Air india has hired 9,000 employees, including 5,000 crew members, in the last two years to meet the workforce requirement for its expanding fleet and network, the airline's chief campbell wilson said on friday. in a message to staff, he said the airline's
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Tamil Nadu-based Ramco Cements ups grinding capacity by nearly one MTPA
Tamil nadu-based ramco cements on friday said it has increased its cement grinding capacity by nearly one million tonnes per annum (mtpa). the company has carried out debottlenecking of cement grinding capacity at its kalavatala plant in andhra pradesh, re
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Hyatt PE in India be taxed even if global entity earns losses: Delhi HC
Overturns division bench verdict on nokia solutions
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Exploring opportunities of growth in various cities across India: Abhay Soi
Max healthcare is on an expansion spree planning to add 3500 beds in 3 yrs
Tag: Company India Source: business-standard.com Dated: 2024-09-20
NCLT dismisses Philips India plea to buy minority stake over valuation gap
The national company law tribunal has dismissed the petition by philips india to buy out the remaining 3.87 per cent from its minority shareholders, observing a "huge difference" between values determined by the company-appointed valuer and its minority in
Tag: Company India Source: business-standard.com Dated: 2024-09-20
BL Agro, Sweden-based DeLaval sign MoU for participation in dairy sector
Bl agro's arm b l kamdhenu farms ltd, has signed an initial pact with sweden-based delaval for a partnership in the dairy sector with an investment of around rs 1,500 crore. on the second day of world food india 2024, b l kamdhenu frams signed a memorandum
Tag: Company India Source: business-standard.com Dated: 2024-09-20
HDFC Bank's subsidiary HDB Financial Services board clears IPO plans
Fresh equity offering upto rs 2,500 cr plus offer for sale
Tag: Company India Source: business-standard.com Dated: 2024-09-20
SpiceJet's share sale likely to lure Tata Mutual Fund among others
The budget airline owes payments to airports, has placed staff on leave without pay and withheld mandatory social security payments since january 2022
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Govt approves sale of FSNL to Japan's Konoike Transport for Rs 320 cr
The government on thursday approved the privatisation of ferro scrap nigam ltd (fsnl) to japanese corporation konoike transport co ltd for rs 320 crore. under the steel ministry, fsnl is a 100 per cent subsidiary of mstc ltd. the government had received tw
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Global investor consortium lines up Rs 2,100 crore investment in SP Group
Engineering and construction major shapoorji pallonji group is gearing up to receive investments of over rs 2,100 crore from a consortium of global investors led by deutsche bank, according to sources. the global investors are existing investors in the gro
Tag: Company India Source: business-standard.com Dated: 2024-09-20
Google's plea against CCI order in android mobile case mentioned in SC
Google llc on thursday told the supreme court that the arguments in the case related to the tech giant's alleged anti-competitive practices in the android mobile device matter may take five-six days. on march 29 last year, the national company law appellat
Tag: Company India Source: business-standard.com Dated: 2024-09-19
Binance detaches itself from any liabilities days after WazirX cyber attack
It refuted wazirx's claims that the global exchange owns the company, while stating that it does not operate the platform
Tag: Company India Source: business-standard.com Dated: 2024-09-19
Samsung sues Indian labour union over strike that disrupted production
Samsung workers have since sept 9 disrupted work and protested in makeshift tent, demanding higher wages and recognition of union that contributes a third of samsung's annual india revenue of bn
Tag: Company India Source: business-standard.com Dated: 2024-09-19
Motilal Oswal Foundation pledges Rs 130 cr to IIT-B for academic upgrade
Amount to be used for upgrading academic facilities and research infrastructure
Tag: Company India Source: business-standard.com Dated: 2024-09-19
Brookfield likely to add more to bn it has bet on India infrastructure
Toronto-based brookfield has nearly billion of assets across infrastructure, real estate, renewable and private equity investments in india
Tag: Company India Source: business-standard.com Dated: 2024-09-19
PDG plans infusing bn for expansion in India amid AI data center boom
The investment will bring pdg's capacity to 230 mw across two major hubs, mumbai and chennai
Tag: Company India Source: business-standard.com Dated: 2024-09-19
Salesforce keen on expanding in India, to invest more in Hyderabad, B'luru
Customer relationship management-focused entity salesforce is keen on expanding in india and looking for more space in the country, a top official said on wednesday. the company, which has centres in bengaluru and hyderabad to support global operations, is
Tag: Company India Source: business-standard.com Dated: 2024-09-19
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