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

Maruti Suzuki, Union Bank of India partner for dealer financing solutions

Maruti Suzuki, Union Bank of India partner for dealer financing solutions

Maruti suzuki india on tuesday said it has inked an initial pact with union bank of india for dealer financing solutions. the tie-up enhances the comprehensive inventory funding options for over 4,000 maruti suzuki sales outlets across the country, the aut
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

CCI proposes changes in confidentiality regime for efficient proceedings

CCI proposes changes in confidentiality regime for efficient proceedings

Cci's proposed amendments to the confidentiality regime aim to streamline the processes and enable timely disposal
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Startups are the backbone of new India, it's our time under the sun: Goyal

Startups are the backbone of new India, it's our time under the sun: Goyal

Goyal said that the event will be a platform to showcase india's success stories built over the last decade. it would also showcase to the world that "india has today emerged as a global leader"
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

FM Sitharaman confident of India Inc aligning to nation's development goals

FM Sitharaman confident of India Inc aligning to nation's development goals

Finance minister nirmala sitharaman on tuesday exuded confidence that india inc will align itself to the developmental goals of the nation with an objective of making the country a developed nation or 'viksit bharat' by 2047 on the 100th anniversary of ind
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Puma expects weaker first half due to 'challenging' market conditions

Puma expects weaker first half due to 'challenging' market conditions

Sportswear companies including adidas, nike, and puma, have seen demand weaken as customers battling with inflation cut spending on non-essential goods
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

'Sitting with eyes closed': SC rebukes Centre over misleading Patanjali ads

'Sitting with eyes closed': SC rebukes Centre over misleading Patanjali ads

The supreme court had warned patanjali ayurved against disseminating 'false' and 'misleading' claims in its advertisements
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Corporate affairs ministry probing Chinese cos linked to mobile loan apps

Corporate affairs ministry probing Chinese cos linked to mobile loan apps

The corporate affairs ministry is probing various chinese companies, especially those with links to loan apps, for alleged violations and some of the investigations are at an advanced stage, according to a senior official. in recent times, indian authoriti
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Volkswagen Group's Skoda eyes larger share in India with new small SUV

Volkswagen Group's Skoda eyes larger share in India with new small SUV

Volkswagen and skoda, which form the bulk of sales for the volkswagen group, have a 2.2% market share in india
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Adani Green Energy to raise 9 million via US dollar-denominated bonds

Since then, most of the group's foreign bonds are back above the levels they traded at before the hindenburg report, giving the company comfort to look at a fresh issue of dollar bonds
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Zydus Lifesciences announces share buyback of Rs 600 cr; to open on Feb 29

The buyback will open on february 29 and the share repurchase programme will close on march 6, 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Zoho launches PoS solution called Zakya for small, medium enterprises

Digital service priced at rs 649 per month helps in inventory management, omnichannel sales and other back-office tasks
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

India to have largest R&D presence outside US by 2025: Bristol Myers CEO

Bristol myers also operates a research and development centre in bengaluru in partnership with the biocon group's syngene international
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Zydus Lifesciences' Rs 600 crore buyback offer to open on Feb 29

Zydus lifesciences on tuesday said its offer to buy back 59.7 lakh shares at rs 1,005 apiece, aggregating to rs 600 crore, will open on february 29. the share repurchase programme will close on march 6, 2024, the drug firm said in a regulatory filing. the
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Sunil Chemmankotil to step down as CEO of TeamLease Digital Pvt Ltd

Neeti sharma would be the new ceo of teamlease digital with effect from march 26
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Jana Small Finance Bank gets RBI nod to re-appoint Ajay Kanwal as MD & CEO

On february 14, bengaluru-based jana small finance bank was listed at a 4 per cent discount of its initial public offering price
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

With Microsoft's support, this French co is gearing up to challenge OpenAI

Mistral has announced a partnership with microsoft, just like openai and has also launched its own llm
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

NCLT approves Hinduja firm IndusInd's resolution plan for Reliance Capital

The national company law tribunal on tuesday approved hinduja group firm indusind international holdings' rs 9,650-crore resolution plan for reliance capital. the mumbai bench of the nclt approved the plan submitted by iihl (indusind international holding
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

94% of Indian companies to reskill employees due to impact of AI: LinkedIn

The linkedin report also highlights that 48 per cent of india's hiring managers are providing career progression opportunities to their existing employees
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Here's how Centre is gearing up BSNL to compete with private telecom peers

The measures include network upgradation, employee cost rationalisation and a proposal to provide more value-added services
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Online travel firm Expedia to eliminate 1,500 jobs as its growth moderates

The company and its online travel peers such as airbnb inc. and booking holdings are contending with moderating travel growth
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Zee saga: Sony's spurned target shows pitfalls of tempting Indian M&A

To foreign investors, the sony-zee saga is a reminder of the need to approach indian deals with an abundance of caution
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Sion Investment exits CMS Info; ICICI Bank ups stake in ICICI Lombard

Private sector lender icici bank on tuesday hiked its stake in icici lombard general insurance by 1.42 per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Bharat Highways InvIT collects Rs 826 cr from anchor investors ahead of IPO

Bharat highways invit, an infrastructure investment trust, on tuesday said it has collected rs 826 crore from anchor investors a day before its initial public offering (ipo). the invit has allotted 8.26 crore units to 37 funds at rs 100 apiece, aggregating
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Zee board expands scope of advisory panel to include probe assessment

Zee entertainment enterprises ltd on tuesday said its board has expanded the scope of independent advisory panel to include investigation assessment. the announcement by the company comes amid the ongoing probe by market regulator sebi against its promoter
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Edtech major Byju's, investors slug it out in NCLT over rights issue

Nclt has directed the parties to file written submissions of their contentions in three days. it has also issued notice to ministry of corporate affairs (mca) and registrar of companies (roc)
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Entire country is taken for a ride: SC contempt notice to Patanjali on ads

Misleading ads banned, centre told to list out steps against false claims
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Meeting with FM 'consultative' and 'positive': fintech, startup executives

The finance minister added that companies must ensure strict compliance and adherence with regulations
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Vedanta group's Hindustan Zinc forays into strategic mineral exploration

Vedanta group firm hindustan zinc on tuesday announced the formation of new subsidiary hindmetal exploration services pvt ltd. the development aims at the company's foray into strategic mineral exploration and diversification of its portfolio. "in line wit
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

'Scarred' and 'egregious': Global lessors frustrated by Go First case

Lombardi noted that the process of reclaiming planes has shown gradual improvement since the bankruptcy of kingfisher airlines, through jet airways' insolvency, and onward
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Nita Ambani likely to be chair of merged Reliance-Disney media business

The plans could change ahead of an official announcement. reliance did not respond to a request for comment, while disney declined to comment
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Vodafone Idea plans to raise up to Rs 45,000 crore through equity, debt

Funds to be spent on 4g & 5g networks, capacity expansion
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Takeda injects hope: Dengue vaccine clinical trials set to begin in India

Biological e. will increase manufacturing capacity to up to 50 million doses a year, accelerating takeda's plans to manufacture 100 million doses annually within the decade
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

IOCL to relaunch tender to set up a green hydrogen production unit

The recently closed other big green h2 tender was by solar energy corporation of india (seci) under the aegis of the union ministry of new and renewable energy
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

SJVN commissions 100 MW Raghanesda solar power project in Gujarat

State-owned sjvn on tuesday announced the commissioning of 100 mw raghanesda solar power project located at banaskantha district in gujarat. the project, bagged at a tariff of rs 2.64 per unit, has been commissioned through its subsidiary sjvn green energy
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Electric vehicles set to corner a third of Volvo Car India's 2024 sales

Volvo has also officially confirmed its plans to introduce two additional electric vehicles in the indian market by 2025
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Skoda Auto India to drive in Brezza, Sonet rival in first half of 2025

Plans four evs for india over next few years
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Kolkata-bound Spicejet flight from Delhi delayed 5 hrs due to hoax message

A kolkata-bound spicejet flight was delayed for more than five hours on tuesday after the delhi airport received a threat message about explosives being hidden in the passengers' luggage, official sources said. a woman carrying an infant has been detained
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Not looking to acquire stake in Indian carriers: Malaysian carrier AirAsia

Budget airline flies to 14 indian cities from kuala lumpur and bangkok, plans to expand service in india
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Voda Idea plans to raise about Rs 45,000 crore through equity, debt

Vodafone idea board on tuesday approved a fund-raise of up to rs 20,000 crore through a combination of equity and equity-linked instruments, the crisis-ridden telco said, adding promoters will also participate in the proposed equity raise. overall, vodafon
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Adani Green plans to raise 9 million US dollar bonds to repay loan

Adani green energy ltd, the renewable energy arm of billionaire gautam adani's conglomerate, plans to raise usd 409 million through us dollar-denominated bonds to repay a debt obligation falling this year. in a regulatory filing, the company said the bond
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Companies expected to dole out 10% average salary hike this year: Survey

Companies in india are expected to dole out an average of 10 per cent salary increase this year, with automobile, manufacturing and engineering sectors anticipated to witness the highest hikes, says a survey. in 2023, the average salary hike was 9.5 per ce
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Roche Pharma launches new drug for multiple sclerosis treatment in India

With the launch of the new drug, the global pharma company hopes to expand its neurology portfolio and cater to the untapped need of patients facing the disease in india
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Logistics firm Shadowfax raises 0 million in TPG-led funding round

The company declined to disclose the valuation at which it raised the funds. it was last valued at 2 million, as of april 2022, per data from investment tracker tracxn
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

Godrej Appliances expects 20% growth in AC, refrigerator sales this summer

Homegrown white goods major godrej appliances on tuesday said it expects at least a 20 per cent growth in sales of air conditioners and refrigerators during the summer season. the city-based company is the fourth largest air conditioner brand with 0.7 mill
Tag: Company India    Source: business-standard.com   Dated: 2024-02-27

MCA calls for speeding up edtech company Byju's inspection report

The ed-tech company's financial disclosures had also come under the institute of chartered accountants of india's (icai) scanner because of a 22-month delay in the submission of its financial reports
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Pfizer, Niper collaborate to support healthcare startups in India

The pfizer indovation initiative, which has supported 34 startups in india till now, is now expanding its reach through this collaboration with niper ahmedabad
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Bristol Myers Squibb opens innovation hub worth 0 million in Hyderabad

"the state-of-the-art site will expand the company's global drug development and it & digital capabilities and is expected to be home to over 1,500 employees," the company said in its release
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

PhonePe's Indus Appstore surpasses 100,000 downloads in 3 days of launch

Indus appstore -- the new android-based made-in-india app store that is pitted against the might of google's play store -- has surpassed 100,000 downloads in just three days of launch, according to a release on monday. app developers, tech enthusiasts, and
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Wipro and Nokia launch private 5G wireless solutions for enterprises

The joint solution will initially be made available to customers in the manufacturing, energy, utilities, transportation, and sports entertainment industries
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

No ammonia emission in Ennore plant area in Dec: Coromandel International

An expert who conducted the audit stated that the chances of line pressurisation beyond the design condition are not a credible scenario
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Wipro, Nokia partner to provide 5G private wireless corporate solutions

It services firm wipro on monday said it has partnered with finnish telecom and it company nokia to deliver private wireless solutions to enterprises. through this solution, enterprises will be able to create an integrated private environment that they can
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Allcargo Supply Chain to add 3 mn sq ft of warehousing space in 2-3 yrs

Allcargo group's logistics arm allcargo supply chain private limited (aspl) on monday said it aims to add a 3 million square feet of warehousing space in the next two-three years as part of its expansion plan. currently operating with 6 million sq ft of sp
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Matter 'practically settled' with Celestial Aviation: SpiceJet to NCLT

Counsel for celestial told the tribunal that while they have received payments, the airline missed certain agreed-on deadlines for payment
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Welspun Living expects its revenue from Indian market to triple by 2026-27

Share of welspun living's retail and emerging businesses, including flooring and advanced textiles, in its total revenue is also expected to go up by fy27
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Govt may look at enhanced KYC requirements for certain class of corporates

The government might look at enhancing the scrutiny of certain class of corporates, including in terms of kyc requirements, as efforts continue to weed out unscrupulous elements and curb possible misdoings, according to a senior official. the matters relat
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Cost concerns could delay AI ramp up among IT clients: Infosys exec

While some companies may not be ready for ai scale-up due to reasons such as not being data-ready, the technology is being adopted rapidly by others for the higher opportunity it provides, he said
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

TVS launches TVS HLX 150F to mark best-selling model's milestone sales

Automaker tvs motor company on monday announced that its best-selling tvs hlx line of two-wheelers has crossed the milestone of 3.5 million units in sales in international markets, and that it is launching the tvs hlx 150f, with added features, to mark the
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Ultra-supercritical tech to power NTPC Lara plant in Chhattisgarh

The unit will be powered with ultra-super critical technology, with an efficiency of 1 per cent more at 41.5 per cent than current supercritical technology of 40.5 per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

Indus Appstore crosses 100,000 downloads in three days of its launch

The rapid adoption of the indus appstore, particularly as a side-loaded application, which requires users to download it directly from the indus appstore website
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

YES Bank to boost lending to mid-sized cos to improve return on assets: CEO

Yes bank's return on assets - which is the ratio of how profitable a company is compared with its total assets - was at 0.2% for the october-december quarter
Tag: Company India    Source: business-standard.com   Dated: 2024-02-26

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