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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

US-based Hedge fund Shah Capital urges Novavax board shake-up: Report

The hedge fund called for suresh katta and venkat peri, who are chief executives of other biotech firms, to be nominated for the independent board roles
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Byju Raveendran to take over firm's daily ops after CEO Mohan's resignation

Founder of the edtech company think and learn, which owns the byju's brand, byju raveendran will handle the firm's day-to-day operations following the resignation of ceo arjun mohan, the company said on monday. following the move, the company has announced
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Tesla inks semiconductor deal with Tata electronics for global operations

This agreement comes amid elon musk-led tesla's eagerness to penetrate indian market, and his scheduled visit to the country this month
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Zomato's improved profits, 260% stock surge leaves analysts scrambling

The nearly 260% surge in zomato since last april has made it difficult for consensus to keep up, but expectations continue to rise
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Nepalese billionaire who sold 'Wai Wai' aims to list India unit by 2026

Chaudhary group launched the wai wai noodle four decades ago in nepal's capital kathmandu, and has since grown to become india's third largest brand
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

TCS looking to increase prices to boost operating margins: CFO Seksaria

The company said it is expecting a "better" fiscal 2025 on a robust deal pipeline including a record .2 billion worth of orders in the reporting quarter
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Japanese consortium to invest 0 mn in Natural Gas Transition Platform

The infrastructure investor said the platform will also increase investments to boost the consumption of renewable natural gas or biogas in india and use of green hydrogen using the city gas network
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Aster DM Healthcare lines up Rs 1k cr to ramp up bed capacity in 3 years

Aster dm healthcare, which netted around usd 907 million from the sale of its gcc business, looks to plough around rs 1,000 crore into its expansion plans in india as it targets a bed capacity of over 6,600 in the next three years. the healthcare company p
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Brigade Enterprises to invest Rs 400 crore to build office space in Chennai

Realty firm brigade enterprises ltd on monday said it will invest rs 400 crore to build an office complex in chennai. in a statement on monday, bengaluru-based brigade enterprises said it has entered into a joint development agreement (jda) with agni estat
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Deepika Padukone co-founded 82°E partners with Reliance Retail's Tira

Through this collaboration, 82°e, which operates in skincare, body care, and men's ranges, will have a first-time retail experience through an offline presence, according to a statement
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Fitch expects HCLTech's revenue to grow by 8% in FY24-27, retains rating

Fitch attributed hcltech's solid market position, diversified customer base, no country ceiling constraint, and robust profitability as some of the key drivers that led the rating
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

LIC hikes its equity stake in FMCG major Hindustan Unilever over 5%

Life insurance corporation of india (lic) on monday said its stake in fmcg major hindustan unilever limited (hul) has crossed 5 per cent. the corporation has increased its shareholding in hindustan unilever limited from 11,74,63,555 to 11,77,18,555 equity
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Cipla Health signs agreement, strengthens beauty play with Ivia's brands

This strategic move is aligned with cipla's focus on enhancing its consumer healthcare and wellness portfolio
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Entod Pharma receives CDSCO approval to commercialise presbyopia treatment

The company had completed the development of these eye drops in late 2022, after which it was subjected to clinical testing in india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Jio Financial-BlackRock JV to launch wealth management, broking business

The two firms had earlier inked a tie-up in july 2023 to step into the over rs 50 trillion mutual fund market in india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Vodafone Idea earmarks Rs 5,720 crore to roll out 5G wireless network

Plans to use rs 18k cr fpo's proceeds to upgrade infra, clear deferred payments; govt holding will dilute to 24% from 32% currently
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Jio Financial, Blackrock form JV to set up wealth management, broking biz

Jio financial services, part of billionaire mukesh ambani led-reliance group, and blackrock formed a 50:50 joint venture to launch asset management services in india in july 2023
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Aspire to further expand operating profit margin: TCS CEO Krithivasan

Having exited fy24 with an operating profit within its aspirational band, the country's largest it services company tcs will be looking at expanding further on the key metric and take it "as close to" 28 per cent as possible, a top company official has sai
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Arya.ag FY24 results: Profit up 37% at Rs 17 cr despite weather challenges

Agri-tech platform arya.ag on monday posted 37 per cent rise in net profit at rs 17 crore for 2023-24 despite weather-related hurdles and challenges posed by policy changes. the company had reported a net profit of rs 12.4 crore in 2022-23. net revenue inc
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Motilal Oswal Financial Services to raise up to Rs 1,000 cr via NCDs

Motilal oswal financial services on monday said it plans to raise up to rs 1,000 crore by issuing non-convertible debentures (ncds) through public issue. the company proposes to raise through the secured redeemable non-convertible debentures (ncds) of the
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

NCLAT to hear IDBI Bank, Axis Finance plea on Zee-Sony merger on May 17

Axis finance and idbi had challenged the merger in nclat
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Vedanta secures 11-year Rs 3,900 crore loan from PFC, says report

Mining conglomerate vedanta ltd has secured an 11-year term loan of rs 3,918 crore from power finance corporation ltd (pfc), sources said. the financial closure will enable vedanta to expedite completion of its power projects. the group plans to increase t
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

NCLT disposes case of bankruptcy plea filed by against Mumbai Metro One

In a relief to reliance infrastructure, national company law tribunal (nclt) has disposed of insolvency case filed by sbi and idbi bank against mumbai metro one pvt ltd (mmopl). mumbai metro one pvt ltd (mmopl) is a 74:26 joint venture of reliance infrastr
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Citi confirms Vashistha to continue as head of India equity capital markets

On a year-to-date basis, citi has overseen ecm deals worth billion, with a 14 per cent market share - ranking number one on the india ecm league table
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

Brokerage firm Groww seals top spot with nearly 23% market share

Rival zerodha trails, market share slipped to 17.9 per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-04-15

LIC sees 59% increase in value of investments in Adani Group stocks

Lic, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report. the value o
Tag: Company India    Source: business-standard.com   Dated: 2024-04-14

Impresario to add 10-15 'Social' outlets yearly; targets tier-2 cities

Impresario entertainment and hospitality, which operates the restaurant chain 'social', is looking to add 10 to 15 new brand outlets annually, especially in tier-2 cities, as part of its expansion plan, said its founder and md riyaaz amlani. the company, w
Tag: Company India    Source: business-standard.com   Dated: 2024-04-14

Godrej Locks eyes 50% market share, bets big on new cheaper products

Locks and security solutions company godrej locks has said it aims to increase market share from 30 per cent to 50 per cent in three years, riding on a new range of affordable products and reduced prices of existing ones. shyam motwani, business head for g
Tag: Company India    Source: business-standard.com   Dated: 2024-04-14

Glenmark Pharma recalls 6,528 bottles of blood pressure drug in US

Glenmark pharmaceuticals is recalling 6,528 bottles of a medication used to treat high blood pressure in the american market due to failed dissolution specifications, the us health regulator said. the us-based arm of the mumbai-headquartered drug firm is r
Tag: Company India    Source: business-standard.com   Dated: 2024-04-14

RBI rejects Tamilnad Mercantile Bank's proposal for CEO candidate

Bank has been asked to submit "fresh panel of candidates with suitable experience" for the position of chief executive
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Route Mobile public shareholders tender shares worth Rs 2,500 crore

Enterprise messaging firm route mobile's public shareholders have tendered shares worth about rs 2,500 crore at current price for the company's ongoing open offer, according to a regulatory filing. the open offer has been triggered with belgium-based proxi
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Court denies bail to Naresh Goyal, says he is getting best treatment

Medical reports did not indicate that jet airways founder naresh goyal's health would improve if he was released and he was already getting the "best possible" treatment at a hospital of his choice, a court here has said while refusing him bail. special ju
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Varun Beverages starts production of soft drinks at Gorakhpur facility

Varun beverages, leading bottler of beverage major pepsico, on saturday said it has started commercial production of soft drinks and energy drinks from its production facility at gorakhpur, uttar pradesh. the jaipuria family-promoted firm will also start j
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

CBI FIR against second-biggest electoral bond buyer Megha Engineering

The cbi has registered an fir against hyderabad-based megha engineering and infrastructure ltd, which was the second-biggest buyer of electoral bonds worth rs 966 crore, in an alleged bribery case. eight officials of the nisp and nmdc and two officials of
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

All 224 flats in Gurugram project sold in 15 mins for Rs 440 cr: Ashiana

Realty firm ashiana housing on saturday said it sold 224 luxury flats in gurugram for rs 440 crore within 15 minutes of its launch. the project is located at sector 93 in gurugram, haryana. in a statement, the company said it has "sold out the entire phase
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

No Malayalam film will be given to PVR-owned screen or theatre: FEFKA

The film employees federation of kerala (fefka) on saturday said that no malayalam film will be given to any pvr owned screen or theatre till it compensates producers from the southern state for the loss suffered by them due to the multiplex company not sh
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Remove Bournvita from health drinks category: Govt tells e-commerce sites

The food safety regulator had iterated that 'energy drinks' is permitted to be used for carbonated and non-carbonated water-based flavoured drinks
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Petregaz India commissions its Rs 600 cr LPG import and storage terminal

Petregaz india, a subsidiary of petredec group has commissioned its new state-of-the-art lpg import and storage terminal that has been set up at an outlay of rs 600 crore, the company said on saturday. the new facility located within the adani krishnapatna
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

HMPL board approves Rs 486 cr fundraising plan through issuance of warrants

Infrastructure company hazoor multi projects ltd (hmpl) on saturday said its board has approved a proposal to raise rs 486 crore through the issuance of warrants. the plan was approved by the board of the company at a meeting on friday, hmpl said in a regu
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Quantum MF asks ICICI Bank to stall ICICI Sec delisting over irregularities

Last month, the delisting bid was approved by shareholders of both icici bank and icici securities
Tag: Company India    Source: business-standard.com   Dated: 2024-04-13

Adani Group targets one-fifth share in Indian cement market by FY28

Gautam adani-led adani group, which owns ambuja cements and acc ltd, is targeting to capture around one-fifth of the indian cement market by fy28. adani cement business will implement its accelerated capex program through internal accruals and the business
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Swiggy launches 'Swiggy Pawlice' initiative for finding missing pets

The on-demand convenience platform's swiggy pawlice feature empowers pet parents to report a missing pet directly on the swiggy app
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Healthcare solution provider Enhanced Innovations launches 'Pholoton'

A portable cold chain solution for last-mile vaccine delivery
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

DLF plans to invest Rs 2,200 crore to build shopping mall in Gurugram

Realty major dlf has started construction of its new 26-27 lakh square feet shopping mall in gurugram at a cost of around rs 2,200 crore as part of its expansion plan amid rebound in retail consumption post-covid pandemic. at present, dlf has a retail foot
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

India, uk drive it company's growth in the quarters as us business continues to be subdued
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Indian fintech startup funding surges 59% in Q1 CY2024: Tracxn report

India ranked third globally in terms of funding raised by fintech companies, behind the us and china, the report said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Godfrey Phillips to sell 24Seven business, plans to exit from retail sector

Cigarette maker godfrey phillips india on friday said it has decided to exit from its loss-making retail business 24seven. the board of the company in a meeting held on friday "decided to exit from carrying out the business operations of its retail busines
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

GQG, SBI funds eye investments in Vodafone Idea .16 billion share sale

Us-based gqg, run by india-born executive rajiv jain, plans to invest about 0 million, while sbi mutual fund is considering an investment of 0 million to 0 million
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

The company announced an interim dividend of rs 28 per share.
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

BharatPe co-founder Ashneer Grover ventures into fintech with ZeroPe app

Zerope, currently in its testing phase, has been developed by third unicorn
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

NCLAT stays insolvency proceedings against Deccan Charters till April 26

The national company law appellate tribunal (nclat) has stayed insolvency proceedings against captain gr gopinath's deccan charters till april 26, 2024, its next date of hearing. earlier, the bengaluru bench of the national company law tribunal (nclt) had
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

The move marks the latest in a string of acquisitions by japan's top banks in india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Air India operationalises five new contact centres to assist customers

Air india has operationalised five new contact centres, including in cairo and kuala lumpur, to provide assistance to its customers worldwide. the tata group-owned airline has partnered with concentrix, a california-headquartered customer engagement firm,
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Adani Group seeks 0 mn from banks to pay for conversion of warrants

As of march, adani family had reportedly made an initial payment of rs 6,661 crore for the conversion of warrants allocated by ambuja cements
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

TCS accused of firing US workers in favour of Indians on H-1B visa

Tcs has faced accusations of favouring h-1b visa holders over american workers, with discrimination claims related to race and age being levelled against the company
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Troubles for Indian IT firms linger as clients tighten their budgets

Accenture plc lowered its revenue outlook last month, citing a pullback in software spending by wall street firms, which are among the indian companies' biggest clients
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Vodafone Idea to launch country's largest .16 bn follow-on public offer

The public offering will open for bids on april 18 and close on april 22
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Bharti Hexacom set to start trading after country's biggest IPO in a year

Bharti hexacon's ipo is the country's largest since mankind pharma ltd. raised rs 4,330 crore a year ago
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Unilever faces new risk as India's consumers turn pickier, more demanding

India's personal-care sector is estimated to become a billion market by 2027 from billion in 2022, according to redseer management consulting pvt
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

Revolut gets RBI nod to issue Prepaid Payment Instruments in India

Revolut india on friday said it has received an in-principle authorization from the reserve bank of india (rbi) to issue prepaid payment instruments (ppi) including prepaid cards and prepaid wallets in the country. this enables it to operate as a domestic
Tag: Company India    Source: business-standard.com   Dated: 2024-04-12

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