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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

Budget carrier IndiGo forecasts slowdown in capacity growth next year

The carrier aims to add more than one aircraft to its fleet every week next year. as of feb 29, it operated 366 planes, and had a further 960 on order
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Govt rejects Hindustan Zinc's plans to split company into different units

Vedanta has a 64.9% stake in hindustan zinc
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

IndiGo exploring purchase of widebody aircraft to counter Air India

Indigo has repeatedly toyed with the idea of introducing long-haul services to tap the growing pool of affluent indians flying further afield to places such as the uk and europe
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

41 companies facing probe by central agencies in electoral bond list

Forty-one companies facing probe by the cbi, ed and the i-t department gave rs 2,471 crore to the bjp through electoral bonds, and rs 1,698 crore of it was donated after raids by these agencies, civil society activists who challenged the poll funding schem
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Myntra obtains India franchise rights for UK's fashion brand NEXT

E-commerce platform myntra on friday said it has bagged franchise rights for uk's fashion brand next for the country. myntra has signed a franchise agreement with uk's fashion brand next to this effect. the association allows myntra jabong pvt. ltd, myntra
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Welspun Corp's unit, Saudi Aramco scrap million steel pipe contract

Welspun did not disclose the reason for the cancellation of the contract, but said it would not affect its operating plans
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

BJP biggest beneficiary of Aurobindo Pharma's Rs 52 cr electoral bonds

Aurobindo pharma, one of whose directors was arrested in the delhi liquor scam, had bought electoral bonds for a total of rs 52 crore with more than half of it going to the bharatiya janata party, according to data released by the election commission. the
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Hemendra Kothari's DSP group to enter NBFC space, awaits RBI approval

Kothari is chairman of dsp asset managers, an asset management company (amc) with a wide range of active and passive funds managed across the risk-reward spectrum
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Fintech startup Yenmo secures 0,000 investment from Y Combinator

Yenmo offers a full-stack api (application programming interface) solution for other companies to integrate loans against mutual funds into their products
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Shree Cement enters ready mix concrete segment with 1st greenfield project

Shree cement, one of the top three players in the segment, on friday announced entry into the ready mix concrete (rmc) segment with the commissioning of its first greenfield in hyderabad. the new rmc plant has a capacity of 90 cubic metres per hour and wou
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Novartis eyes sale of listed unit in India, says Global CEO Narasimhan

Narasimhan emphasised that india remains pivotal for talent sourcing and research, despite a shift away from manufacturing
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

JSW Energy arm signs pact with Rel Power to buy wind project for Rs 132 cr

Jsw energy's arm jsw renewable energy has signed an agreement with reliance power to acquire its 45 mw wind power project in vashpet, maharashtra, for rs 132 crore. jsw renewable energy (coated) limited is a wholly-owned subsidiary of jsw neo energy limite
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Dr Reddy's, Pharmazz ink licence pact to commercialise resuscitative agent

With this agreement, india will become the first global territory where centhaquin (lyfaquin) is being launched immediately, according to the company
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Uno Minda partners with Starcharge Energy to manufacture, sell EV chargers

Auto components maker uno minda on friday said it has tied up with starcharge energy to manufacture and sell electric vehicle supply equipment in the country. the company has entered into a technical license agreement with starcharge energy pte for wall-mo
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Fortis Healthcare subsidiary receives a tax demand of Rs 89.53 crore

Fortis healthcare ltd on friday said one of its subsidiaries has received a tax demand of rs 89.53 crore, including interest for the assessment year 2022-23. fortis hospitals ltd, a material subsidiary of the company has received an income tax assessment o
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

SpiceJet cleared all outstanding dues: Credit Suisse tells Supreme Court

Credit suisse and spicejet have been entangled in a legal conflict since 2015 over outstanding debts of approximately million
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Bharti Airtel, subsidiary donated Rs 234 cr to BJP via electoral bonds

Bharti airtel and its subsidiary bharti telemedia bought around rs 235 crore of electoral bonds and donated all but about rs 1 crore to the ruling bjp, according to data released by the election commission. bharti airtel donated nearly rs 197.5 crore to bj
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Edtech major Byju's says now 262 tuition centres operate across India

The edtech firm says focus on quality with efficiency helps most centres turn profitable
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Wipro promotes 31 staff to senior roles after top-level exodus: Report

The promotions, seen by industry watchers as a move to stem senior-level attrition, came after a series of high-profile exits at the country's no.4 software services exporter
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

FSIB selects Girija Subramanian as CMD of New India Assurance Company

Bhupesh sushil rahul selected as cmd of united india insurance company
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

SC sets aside order directing Bloomberg to take down defamatory article

The supreme court on friday set aside a trial court's order directing international media group bloomberg to take down an allegedly defamatory news article against zee entertainment. the top court was hearing a plea filed by bloomberg against the march 14
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

DGCA fines Air India Rs 80 lakh for flight duty time management violations

Air india was fined rs 80 lakh two months after the dgca conducted a spot audit of air india limited in the month of january in order to check regulatory compliance
Tag: Company India    Source: business-standard.com   Dated: 2024-03-22

Income Tax dept imposes Rs 103.63 crore penalty on Tata Chemicals

Income tax department has imposed a penalty of rs 103.63 crore on tata chemicals for violation related to disallowance of interest. in a regulatory filing on thursday, tata chemicals said it has received an order from national faceless assessment centre, i
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Aster DM's deal to separate India and GCC businesses nears completion

In november 2023, aster dm had received corporate approvals to separate its india and gulf cooperation council (gcc) businesses into two distinct and standalone entities
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Accenture fans IT industry spending gloom with annual forecast cut

Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Kia India to increase prices of vehicles by up to 3% from April 1

Kia india on thursday said it will increase prices of its range of vehicles by up to 3 per cent from april 1, 2024. the decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like se
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Volkswagen targets 2-3 times faster growth than Indian PV industry in 2024

The firm's india brand director, ashish gupta said virtus itself is growing in its segment (sub-compact sedan) and its rising sales will also assist the company in reaching the 15% growth target
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Schneider Electric invests Rs 100 cr in new cooling factory in Bengaluru

Eighty-five per cent of the products manufactured in this factory will be exported, significantly catering to the data centre segment, as well as to buildings, industry, and infrastructure
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Naveen Jindal takes charge as president of the Indian Steel Association

Naveen jindal has been unanimously elected as the president of isa by the apex committee, the governing body of indian steel association
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

TCS signs 7-year deal to transform IT infrastructure for Denmark's Ramboll

Tcs will provide services to manage ramboll's cloud and data centres, application development, maintenance
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Tata Cummins starts new facility for hydrogen-based engines in Jamshedpur

Apart from the engines, the factory will also manufacture low to zero-emission technology products
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Schneider Electric to invest Rs 3,200 crore to make India manufacturing hub

Energy management and automation major schneider electric said it will invest rs 3,200 crore by 2026 to make india its manufacturing hub for domestic sales as well as exports. under the plan, schneider electric on thursday inaugurated a facility with rs 10
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Volkswagen to begin electrification journey later this year with ID.4

German automaker volkswagen will kick off its electrification journey in india with the launch of its electric car id.4 later this year as part of its global efforts of mass electrification, a senior company official said on thursday. the company, which un
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

M&M, Adani Total Energies join to set up EV charging infra across India

Mahindra & mahindra on thursday said it has tied up with a unit of adani total gas to establish electric vehicle charging infrastructure across the country. the auto major and adani total energies e-mobility ltd (atel) have inked a memorandum of understa
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Shapoorji Pallonji Group seeks up to .4 bn from lenders to refinance debt

The group, controlled by indian billionaire shapoor mistry, has reached out to power finance for up to rs 15,000 crore, the largest chunk in the planned fundraising, the people said
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

HDFC Bank completes Rs 9,553 cr stake sale in education unit HDFC Credila

Central bank had asked private lender to reduce its shareholding in hdfc credila
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

RBI declines request to classify HDFC Ltd bonds as infrastructure bonds

Hdfc bank had sought the rbi's approval to classify bonds with maturities between 7-10 years, worth around rs 1.2 trillion, as infrastructure bonds
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Misleading ads case: Patanjali MD Acharya Balkrishna submits apology to SC

In an affidavit submitted to the supreme court, balkrishna apologised for the misleading ads and claimed that the intention of the company was to solely promote ayurveda
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Burmans ask Care Health to cancel Rs 350 cr ESOP given to Religare's Saluja

Dabur owners, the burman family, has increased their stake in religare to 25.18%, which allows them to block special resolutions at religare
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Defunct SVB Group to sell Indian subsidiary to First Citizens Bancshares

Svb financial group is currently seeking approval from a bankruptcy court, with a hearing scheduled for april 9. the company anticipates that the transaction will close after this hearing
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Prestige Estates Projects buys 62.5 acres in Ghaziabad to build township

Realty firm prestige estates projects ltd on thursday said it has acquired 62.5 acres at indirapuram extension in delhi-ncr to develop a township that has a revenue potential of rs 10,000 crore. the company said the acquisition cost is rs 468 crore and inc
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Paytm UPI: Transaction decline to continue till new customers are added

Paytm pb had a 15 per cent market share on upi transactions, after phonepe and google pay.
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Flipkart gives 100% bonus to employees and merit-linked payouts

The number of employees receiving increments this year will be higher than last year, according to the sources
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Star Sports witnesses a 24% increase in IPL build-up programming

Star sports will launch a special feed for hearing-impaired and visually-impaired fans
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Investors oppose Byju's March 29th EGM, NCLT denies any immediate relief

A group of aggrieved investors have opposed an extraordinary general meeting on march 29, called by think and learn, owner of byju's brand, before company tribunal nclt, bangalore but failed to get any immediate relief, according to sources. byju's has cal
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Amber group, Resojet form JV to enter washing machine manufacturing biz

Amber group, a homegrown contract manufacturer for hvac and consumer electronics, on thursday said it has formed a 50 per cent jv with resojet, a radiant group company, for manufacturing fully automatic washing machines. this will help amber group expand i
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

DoT imposes Rs 4 lakh fine on Airtel for violation of verification norms

The department of telecom has imposed a penalty of around rs 4 lakh on bharti airtel for violation of subscriber verification norms in delhi and bihar circles. according to a regulatory filing by bharti airtel, the department of telecommunications, delhi c
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Cashfree Payments launches product solution to cut fraudulent transactions

Cashfree's 'riskshield' enables customers to add limits on the frequency and cumulative sum of transactions that an individual customer is permitted to pay on a periodic basis
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Patanjali MD Balkrishna submits apology to SC in misleading ads case

The court had earlier said that ramdev and balkrishna were in violation of section 3 and 4 of the drugs and magic remedies (objectionable advertisements) act, 1954
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Minority shareholders file suit against promoters of Jindal Poly Films

Minority shareholders of jindal poly films have initiated a class action suit against the management and promoters of the company before the national company law tribunal (nclt) alleging loss due to their actions. the petitioners, which collectively hold a
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Jindal Steel & Power takes on ops at Venezuela's largest iron-ore mill

Jindal officials are carrying out inspections at iron-ore plants of cvg ferrominera orinoco, according to two people familiar with the process, who asked not to be named as information isn't public
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Projects pipeline in place to add billion to topline, says Vedanta

Mining conglomerate vedanta ltd has a pipeline of more than 50 active projects and expansions to drive growth, which is expected to generate incremental revenue of over usd 6 billion and incremental usd 2.5-3 billion of annual ebitda upon completion, a top
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Tata Sons offloads TCS shares worth over Rs 9,300 crore via open market

Tata sons has offloaded shares worth around rs 9,300 crore in it major tata consultancy services through open market route, a regulatory filing said on thursday. according to the filing, tata sons has sold 234 lakh shares amounting to 0.65 per cent stake i
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

TVS Holdings to raise up to Rs 650 crore through NCDs next fiscal

Auto component firm tvs holdings on thursday said its board has approved a proposal to raise up to rs 650 crore next fiscal through non-convertible debentures. the company's board also declared an interim dividend of rs 94 per share of rs 5 each, absorbing
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Ultrahuman raises mn to accelerate growth, research in health space

By collating a large set of biomarkers on an integrated platform across a range of products, ultrahuman is able to create a grand unified view of the human body
Tag: Company India    Source: business-standard.com   Dated: 2024-03-21

Wipro appoints Anne-Marie Rowland as CEO of Capco effective April 1

As ceo, rowland will report to delaporte and will become a member of wipro's executive committee
Tag: Company India    Source: business-standard.com   Dated: 2024-03-20

L&T Technology Services to train 1,000 engineers in Nvidia's GenAI software

Ltts attended the nvidia gtc global ai conference and revealed its plans to upskill its engineers in software such as nvidia ai enterprise, including nvidia nemo, nvidia nim
Tag: Company India    Source: business-standard.com   Dated: 2024-03-20

Mahanagar Gas legally challenges infrastructure exclusivity expiry notice

City-gas distributor to apply for a 10-year extension to continue its infrastructure exclusivity in mumbai
Tag: Company India    Source: business-standard.com   Dated: 2024-03-20

Snap Inc bets on India's young population to spur growth for Snapchat

In india, snapchat boasts of a 200 million strong user base. a recent yougov survey revealed that in bengaluru, 85 per cent of snapchatters use the app daily
Tag: Company India    Source: business-standard.com   Dated: 2024-03-20

RBI approves re-designation of Manian, Ekambaram of Kotak Mahindra Bank

Kotak mahindra bank had announced the reorganisation of its senior management team last month
Tag: Company India    Source: business-standard.com   Dated: 2024-03-20

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