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
SpiceJet gets good response for Rs 3k cr worth share sale, oversubscribed
Spicejet, which has statutory dues of more than rs 601 crore, has received a good response for its rs 3,000 crore-worth sale of shares to qualified institutional buyers. operating with a reduced fleet as well as facing financial and legal headwinds, the ca
Tag: Company India Source: business-standard.com Dated: 2024-09-18
PFC pays Rs 462 cr final dividend for 2023-24 to govt; BHEL pays Rs 55 cr
State-owned bharat heavy electricals ltd (bhel) on wednesday said it has paid a final dividend of rs 55 crore for 2023-24 to the government. to this effect, a cheque towards the final dividend on the equity (63.17 per cent) held by the government of india,
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Yum! Brands appoints Pewekar as MD for Pizza Hut in Indian subcontinent
Yum! brands, the us-based quick-service restaurant major, on wednesday announced the appointment of rohan pewekar as the managing director (md) for pizza hut in the indian subcontinent. yum! brands owns restaurant chains, including kfc, pizza hut, taco bel
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Nazara Tech to raise Rs 900 crore; ups stake in Absolute Sports to 91%
Gaming and sports media company nazara technologies on wednesday said its board has approved a preferential equity issue to raise rs 900 crore. nazara also announced increasing its stake in absolute sports to 91 per cent. the fresh capital will fuel the fi
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Zomato receives fresh GST demand, penalty order amounting to Rs 17.7 cr
Online food delivery aggregator zomato on wednesday said it has received a gst demand order along with interest and penalty amounting to rs 17.7 crore from the assistant commissioner of revenue, west bengal. the demand order, received by the company on tue
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Best option is to double down on market strategy, says P&G India
On the pghh call, mrinalini srinivasan, cfo, said that positive trends are finally emerging in the indian fast-moving consumer goods (fmcg) industry, both in urban and rural areas
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Godrej Capital to enter affordable housing loan segment by December
Godrej capital, the financial services arm of the godrej group, is gearing up to enter the affordable housing loan segment by december, with plans to grow its assets under management (aum) to rs 17,000 crore by the end of the current financial year, its ma
Tag: Company India Source: business-standard.com Dated: 2024-09-18
French wine & spirits maker Pernod Ricard raises India bar on premium play
Working to get back to delhi market soon, says india ceo
Tag: Company India Source: business-standard.com Dated: 2024-09-18
RBI gives approval for Aditya Birla Finance's merger with parent
To move nclt to complete amalgamation
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Amazon veteran Samir Kumar to replace Manish Tiwary as head of India ops
Kumar, who joined amazon in 1999, was part of the original team that planned and launched amazon.in (amazon india) in 2013
Tag: Company India Source: business-standard.com Dated: 2024-09-18
India now largest market by volume, 2nd largest by value for Pernod Ricard
India is now the largest market by volume and second-largest by value for the french spirit maker pernod ricard, which owns popular brands such as absolute, chivas regal, and glenlivet, said its india md jean touboul on wednesday. the india market, which r
Tag: Company India Source: business-standard.com Dated: 2024-09-18
LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years
Lic has appointed boston consulting group as a consultant
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Govt raises refund amounts cap for Sahara Group depositors to Rs 50,000
The government has raised the cap on refund amounts for small depositors of the sahara group cooperative societies to rs 50,000, up from the previous limit of rs 10,000, a senior cooperation ministry official said on wednesday. the government has so far re
Tag: Company India Source: business-standard.com Dated: 2024-09-18
Air India launches 0 million upgrade to transform flying experience
Air india overhaul: the revamp comes as the airline ramps up its international operations amid stiff competition from global carriers
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Swiggy launches Project Next to offer career growth for delivery partners
By transitioning qualified delivery partners into the role of sales executives, project next aims to enhance restaurant expansion across over 150 growing markets
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Fire at data centre likely cause of India-wide outage for Jio users: Report
The website also showed that more than half of the affected users were facing issues related to their mobile network, while others had mobile internet and broadband-related complaints
Tag: Company India Source: business-standard.com Dated: 2024-09-17
EaseMyTrip enters medical tourism; board approves Rs 90 crore acquisitions
Easemytrip has acquired a 30% stake in rollins international for rs 60 crore and a 49% stake in pflege home healthcare for rs 30 crore
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Indian entrepreneur sells private arm of UK-based Tails Trading Group
Tails trading group, a uk-based supplier of multi-category consumer packaged goods led by an indian entrepreneur, has announced the sale of its private labelling arm to a large international investor consortium for gbp 395 million. the group's labelling di
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Zydus Lifesciences to acquire Sterling Biotech's API biz for Rs 84 crore
Zydus lifesciences ltd on tuesday said it will acquire the 'target business' of sterling biotech primarily engaged in manufacturing of fermentation-based active pharmaceutical ingredients products and a production facility at masa in gujarat for a pre-agre
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Indo National divests its entire 51% stake in Kineco for Rs 220 crore
Indo national ltd, the manufacturer of consumer electrical products and dry cell batteries under brand nippo, on tuesday, announced to divest its entire 51 per cent stake in kineco ltd, a composites manufacturer, for rs 220 crore. the chennai-based manufac
Tag: Company India Source: business-standard.com Dated: 2024-09-17
JBM secures 0 million funding from ADB, AIIB to expand e-bus operations
Jbm currently operates over 1,500 electric buses across 10 states and more than 15 major airports in india
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Lenovo to build AI servers in India as nation's tech push deepens
The company said tuesday it has started making the large, powerful computers in pondicherry
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Samsung employees' protest enters ninth day after 2 rounds of talks fail
Earlier on monday, the protestors were detained when they entered kanchipuram. they were later released in the late evening. a case was filed against more than 100 employees
Tag: Company India Source: business-standard.com Dated: 2024-09-17
IBUS Network and Infrastructure receives Rs 280 crore investment from IFC
This investment will bolster ibus's plans for both domestic and international growth
Tag: Company India Source: business-standard.com Dated: 2024-09-17
BSE defers IT services firm Trafiksol's IPO after investors' concern
Company's issue had garnered bids over rs 10,000 cr; participants approached sebi alleging irregularities
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Tata Motors, JLR to make EVs in India for the world: Chandrasekaran
'will bring together cost attitude of tata motors with the design and sophistication of jlr'
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Wipro announces 8% salary hikes for top performing employees in 2024
Wipro's salary this year improves upon the average 6% hike given to top performers at the it firm last year
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Rapido to convert Delhi bike-taxis to all-electric fleet by next year
This transition could potentially position rapido as a pioneer in the bike-taxi industry, especially as rivals like ola and uber explore eco-friendly alternatives
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Gaurs Group plans IPO in next 18 months to tap growth potential: CMD
Realty firm gaurs group is planning to launch its initial public offering ( ipo) in the next 18 months as it looks to expand business amid strong consumer demand, its cmd manoj gaur said on tuesday. byoued by the successful launch of its luxury housing pro
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Avaada Group plans to invest Rs 5,000 cr in Madhya Pradesh's energy sector
Avaada group focuses on the development of large-scale projects for solar modules, renewable energy production, green hydrogen
Tag: Company India Source: business-standard.com Dated: 2024-09-17
PMEA Solar submits papers to Sebi for Rs 600 cr IPO; 11.2 mn shares on sale
Pmea solar ipo: the funds raised through the fresh issue will be allocated towards capital expenditure and debt repayment
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Fewer iPhones, bigger bucks: Apple outsells Samsung in India revenue
In the first half of 2024, apple shipped 4.8 million iphones in india, generating .56 billion, while samsung shipped 9.8 million units but earned .43 billion, trailing apple by .13 billion
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Table Space buys office space in Bengaluru for about Rs 500 crore
Table space, which provides flexible workspace to corporates, has bought 5 lakh sq ft office space in bengaluru for around rs 500 crore to expand its business amid rising demand. according to sources, the company has acquired 5 lakh square feet office spac
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Capgemini opens Esop plan to 97% employees, including 175k staff in India
This is the eleventh edition of the it major's employee share ownership plan after the previous one from 2019 is set to expire at the end of the year
Tag: Company India Source: business-standard.com Dated: 2024-09-17
DGCA investigates IndiGo tail strike incident, derosters flight crew
Aviation watchdog dgca is probing the incident of tail strike involving an indigo aircraft on september 9 and the flight crew has been derostered, a senior official said on tuesday. in a statement, indigo said its a321 aircraft was grounded in bangalore du
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Infra lender REC signs renewable energy agreements worth .4 billion
Rec is targetting to take its renewables loan book to over rs 3 trillion by 2030, expanding the share of renewables to 30 per cent from 8 per cent currently
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Govt gives nod to NPCIL-NTPC JV for building nuclear plants in Rajasthan
The government has approved a joint venture between npcil and ntpc to build four 700 mwe nuclear power plants at mahi banswara in rajasthan. the department of atomic energy handed over the document approving the joint venture 'anushakti vidyut nigam limite
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Torrent Power bags Maharashtra's 1,500 MW pumped hydro storage project
Torrent power on tuesday said it has bagged a 1,500 mw pumped hydro storage project (psp) from maharashtra state electricity distribution co. ltd. torrent power ltd has emerged as a successful bidder and has received letter of intent (loi) from maharashtra
Tag: Company India Source: business-standard.com Dated: 2024-09-17
IndiQube introduces 'IndiQube Canvas', office interiors experience centre
The centre is a state-of-the-art facility on outer ring road (orr) that is set to redefine how businesses envision and design their office spaces
Tag: Company India Source: business-standard.com Dated: 2024-09-17
IBBI chief asks insolvency professionals to be transparent to improve bids
Ibbi chairperson ravi mital on tuesday asked insolvency professionals to be as transparent as possible during the resolution process as that will help in improving the bids and reduce haircuts. speaking at a conference organised by the indian institute of
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Revolt Motors launches RV1 at Rs 84,990, heats up e-bike competition
Both companies have undercut the previous lowest price in the category, which stood at rs 1,10,000
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Network18 Media & Investments gets 3 months extension for convening AGM
Network18 media & investments, which owns reliance industries' media assets, has received a three-month extension for convening its annual general meeting for fy24. the registrar of companies (roc) on tuesday granted its approval for extension of time for
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Boeing, union negotiators to resume talks as striking workers dig in
The top negotiators at boeing and the international association of machinists and aerospace workers (iam) will meet with federal mediators in seattle on tuesday for preliminary talks, as per reports
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Air India to completely upgrade 27 old A320neo aeroplanes by mid-2025
"legacy" planes have been part of air india's fleet before the tata group, after privatisation, took control of the airline in january 2022
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Meesho's annual festival sale from Sep 27, sees 42% rise in seller base
Softbank-backed e-commerce firm meesho will start its annual festival sale, meesho mega blockbuster sale, from september 27 onwards with the highest number of sellers onboard among its competitors, the company said on tuesday. the company has recorded abou
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Glas Trust moves Supreme Court against Byju's resolution professional
A committee of creditors (coc) is a group of lenders who make decisions about an insolvent company or borrower in the insolvency resolution process
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Not paid GST, TDS, and PF dues of Rs 427 crore since 2020: SpiceJet
Legal experts told business standard that evasion of gst is a serious offence since it is a tax already collected from the customer but not paid
Tag: Company India Source: business-standard.com Dated: 2024-09-17
'Amazon Biz customer base up at annual 111% rate in 6 yrs, 65% via phones'
Customer base of amazon business has expanded at a compounded annual growth rate of 111 per cent in the country in the last six years, a top company official said on tuesday. director of amazon business mitranjan bhaduri told reporters here that 65 per cen
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Jupiter Wagons to invest Rs 2,500 crore for production capacity expansion
Jwl also informed that it has changed the name of its unit bonatrans india private to jupiter tatravagonka railwheel factory
Tag: Company India Source: business-standard.com Dated: 2024-09-17
SpiceJet's Rs 3,000 cr issue commences, floor price set at Rs 64.79 a share
Spicejet has set a floor price of rs 64.79 per share for the sale of securities to qualified institutional buyers through which the budget carrier aims to raise up to rs 3,000 crore. last week, shareholders approved a proposal to raise up to rs 3,000 crore
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Tata Power to invest up to bn to expand renewable energy capacity
Tata power, which currently has 5 gw renewable energy capacity in large projects, will add another 5 gw capacity in the next one to two years and expand that to more than 20 gw by 2030
Tag: Company India Source: business-standard.com Dated: 2024-09-17
IRB InVIT to raise Rs 2,667 crore via term loans to refinance existing debt
Post refinancing, roads spvs to be free of external debt
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Infosys enters collaboration with UK's Metro Bank to digitalise operations
Indian it major infosys on tuesday said it has entered into a long-term collaboration with british community bank metro bank to digitise the bank's operations. the collaboration will utilise infosys topaz, the firm's ai-first offerings, to enhance metro b
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Tata Sons rules out IPO plans despite push from shareholder SP group
Holding co prepays rs 21,813 crore debt in fy 2024 to declassify itself as nbfc upper layer
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Redcliffe Labs raises mn in Series C funding to expand across India
The diagnostics service provider will use the funds to open more labs and collection centres, along with an expansion of its home collection network
Tag: Company India Source: business-standard.com Dated: 2024-09-17
LIC pares its holding in DCM Shriram Industries by over 2% to 4.66%
Life insurance corporation (lic) on tuesday said it has pared its stake in dcm shriram industries by more than 2 per cent to 4.66 per cent over a period of about three years. in a regulatory filing, lic said there is a net decrease of 2.016 per cent in its
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Lenovo begins AI server production in India, opens R&D lab in Bengaluru
The pc maker's production plant will be based in puducherry, which will manufacture 50,000 enterprise ai servers and 2,400 high-end gpu units annually
Tag: Company India Source: business-standard.com Dated: 2024-09-17
ArcelorMittal's India joint venture seeks duty-free LNG imports: Report
India, the world's second biggest crude steel producer, levies a 2.5 per cent basic customs duty and an additional 0.25 per cent social welfare tax on lng
Tag: Company India Source: business-standard.com Dated: 2024-09-17
Blackstone real estate's Bill Stein retiring after almost 30 years
Stein, a senior managing director, was involved in signature blackstone holdings including hilton worldwide, casino resort cosmopolitan of las vegas and single-family home landlord invitation homes
Tag: Company India Source: business-standard.com Dated: 2024-09-17
CPCB notice to BPCL for failing to install vapour recovery systems
The central pollution control board (cpcb) has issued a show cause notice to bharat petroleum corporation limited (bpcl) for failing to install vapour recovery systems at 28 of its storage terminals to capture carcinogenic benzene emissions and other volat
Tag: Company India Source: business-standard.com Dated: 2024-09-16
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