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
The remarkable journey of Ratan Tata: A career of exits, mega acquisitions
Before embarking on global expansion, tata pruned and consolidated the group's domestic portfolio, giving particular attention to ventures in the consumer space
Tag: Company India Source: business-standard.com Dated: 2024-10-10
Tata Elxsi Q2 results: PAT up 14.7%, driven by transportation segment
Shares of the company closed 1.9% higher ahead of results on thursday
Tag: Company India Source: business-standard.com Dated: 2024-10-10
After leading Trent, is Noel Tata poised to take the helm at Tata Group?
Noel entered the tata group in 1999, taking over the retail arm, trent, and was later elevated to chairman in 2014
Tag: Company India Source: business-standard.com Dated: 2024-10-10
JSW Green Mobility gets 636 acre land for Maharashtra manufacturing plant
Vehicle manufacturer jsw green mobility has been allotted 636 acres of land in the bidkin node of auric city and the plant will go into production in the next 12 to 18 months, an official said. after allotting 827 acres of land to toyota kirloskar motors p
Tag: Company India Source: business-standard.com Dated: 2024-10-10
Ratan Tata-Cyrus Mistry feud: Public fallout alters historic alliance
With new leaders like noel tata and shapoor mistry emerging, old-timers say the families could reassess their relationship
Tag: Company India Source: business-standard.com Dated: 2024-10-10
Market, consumers best teachers for biz growth: Mamaearth co-founder
Market and consumer insights are the best teachers to learn from to grow business, a philosophy which has guided mamaearth's decisions, contributing significantly to its growth, its co-founder varun alagh said on thursday. alagh, co-founder and ceo of beau
Tag: Company India Source: business-standard.com Dated: 2024-10-10
RBI asks asset reconstruction firms to standardise credit bureau reporting
The reserve bank of india has been publicly asking supervised entities to ensure compliance with norms and that consumer interest is protected
Tag: Company India Source: business-standard.com Dated: 2024-10-10
JSW Steel partners with BHP, Carbon Clean to work on capture technology
Jsw steel on thursday said it has signed a pact with bhp and carbon clean to accelerate the deployment of carbon capture technology in the steelmaking process. india's steel sector accounts for 12 per cent of india's greenhouse gas emissions, with an emiss
Tag: Company India Source: business-standard.com Dated: 2024-10-10
Ola Electric executives meet MHI, seeks time to resolve service complaints
Ola electric has said that the show-cause notice from the ccpa "would not impact" its activities and that the company will file a response to the notice within the 15-day deadline
Tag: Company India Source: business-standard.com Dated: 2024-10-10
Bengal Inc mourns demise of Ratan Tata, expresses admiration for his legacy
The business community in bengal and across india is in mourning, following the demise of ratan tata, the legendary former chairman of the tata group. tributes poured in from industry leaders and organisations alike, expressing their deep sorrow and admira
Tag: Company India Source: business-standard.com Dated: 2024-10-10
Ireda Q2FY25 results: Net profit grows 36% to Rs 388 cr on higher revenues
State-owned ireda on thursday reported a 36 per cent rise in its profit after tax to rs 387.75 crore in the september quarter on higher revenues. the company had posted a profit after tax (pat) of rs 284.73 crore in the july-september period of the precedi
Tag: Company India Source: business-standard.com Dated: 2024-10-10
NFRA slaps penalty of Rs 2 crore on Coffee Day auditors, bars CAs
Nfra found that the auditors deliberately chose to shy away from their statutory duty to report the fraud and protect the public interest
Tag: Company India Source: business-standard.com Dated: 2024-10-10
When 'CM Modi' brought Nano to Gujarat with a 1 word SMS to Ratan Tata
'welcome', a one word sms from the then gujarat chief minister narendra modi to the then tata group chairman ratan tata led to shifting the tata nano project from west bengal to gujarat way back in 2008. modi had sent the sms to tata when the industrialist
Tag: Company India Source: business-standard.com Dated: 2024-10-10
Amazon partners with Startup India, DPIIT to enhance startups growth
Amazon india has partnered with startup india, under the aegis of the department for promotion of industry and internal trade (dpiit), to help startups scale growth through e-commerce. through a dedicated page on the startup india portal, the e-commerce fi
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Airtel's AI-powered spam detection brings relief to Tamil Nadu customers
A dual-layered protection system, the solution has two filters - one at the network layer and the second at the it systems layer
Tag: Company India Source: business-standard.com Dated: 2024-10-09
60% of unicorn founders in India are first time founders, says study
29% founder took two attempts to build their first unicorn
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Hacker builds website to leak insurer Star Health's data days after lawsuit
While it's unclear if the website was made by the same individual star health sued, the hacker claims that a senior star health official sold the data and later tried to renegotiate terms
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption
It giant infosys on wednesday announced expansion of its partnership with microsoft to help drive global customer adoption of generative ai and microsoft's cloud platform azure. additionally, infosys will also act as a strategic supplier to support cloud a
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Hinduja Leyland Finance receives 'AA+/Stable' rating boost from CRISIL
The company said that the upgraded rating reinforces its long-term financial stability and prudent governance practices
Tag: Company India Source: business-standard.com Dated: 2024-10-09
JSW Infra receives LoI to develop port project worth over Rs 4,000 cr
The multi-purpose port in maharashtra will handle captive, bulk, and dry bulk cargo
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Airtel detects 112 mn spam calls in Tamil Nadu using AI-powered system
Bharti-airtel has identified over 112 million potential spam calls and 3 million spam short messaging services in tamil nadu in the last 12 days of the launch of its ai powered spam detection system, a company official said. the telecom major has establish
Tag: Company India Source: business-standard.com Dated: 2024-10-09
US considers breaking up Google over online search monopoly: What it means
The us antitrust body has acknowledged google's decade long domination on popular distribution channels, due to which its rivals have little-to-no incentive to compete
Tag: Company India Source: business-standard.com Dated: 2024-10-09
'Buyers opting for lighter, more affordable pieces amid rising gold prices'
Despite the increase in gold prices, the enduring appeal of gold during festive seasons and weddings remains strong
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Standard Chartered India CEO Zarin Daruwala to retire in April 2025
Daruwala, who is one of the two female heads of large foreign banks in the country, joined the lender in 2016 as ceo for india
Tag: Company India Source: business-standard.com Dated: 2024-10-09
IRB Infrastructure to raise debt of up to 0 million via bond issue
As per the company's stock exchange filing, the amount is to be raised 'to meet the company's financial requirements'
Tag: Company India Source: business-standard.com Dated: 2024-10-09
NeoLiv buys 12 acre land at Alibaug to develop Rs 400 cr housing project
Realty firm neoliv has bought 12-acre land at alibaug near mumbai to develop a luxury housing project with a sales potential of around rs 400 crore. the company did not disclose the land deal value and name of the seller. in a statement on wednesday, neoli
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Varun Beverages to raise Rs 7,500 cr through QIP to fund expansion plans
Varun beverages, the leading bottler of beverage major pepsico, has plans to raise rs 7,500 crore from the market through qualified institutional placement (qip) route to fund its growth plans. the board of the company in a meeting held on wednesday approv
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Signature Global Q2 bookings jump nearly 3-fold on strong housing demand
Realty firm signature global has achieved a nearly three-fold increase in its sale bookings to rs 2,780 crore during the second quarter of this fiscal year on better demand for its housing projects. its sale bookings or pre-sales stood at rs 980 crore in t
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Swiggy's 1 mn Esop plan benefits top brass before .25 bn IPO launch
The esop grants have a vesting period ranging from one to eight years, meaning that the actual value of the stock awards will depend on swiggy's performance post-ipo
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Tata Electronics names Bobby Mitra as CIO, president for AI transformation
He will advance tata electronics' technology and manufacturing capabilities, says company
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Vivo PMLA case: Patiala House Court grants bail to CA Rajan Malik
This case also involves other individuals, including lava international's former managing director hari om rai, chinese national guangwen (andrew kuang), and chartered accountant nitin garg
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Tata Electronics appoints Bobby Mitra as CIO & prez of AI, digital wing
Tata electronics on wednesday said it has appointed bobby mitra as chief information officer (cio) and president of ai and digital transformation. in this role, mitra will drive enterprise-wide initiatives in ai and digital transformation for electronic ma
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Uber's India based tech team helps cut down app localisation time, costs
The ride-hailing firm's india based tech tech teams transform 85% of app localisation process to touchless
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Samsung India workers reject settlement offer, strike enters second month
Samsung this week made a proposal to provide a monthly incentive of rs 5,000 () until march, more air conditioned buses, a diversified cafeteria menu and a gift card of in case of a child birth
Tag: Company India Source: business-standard.com Dated: 2024-10-09
NCLT directs initiation of insolvency proceedings against Syska LED Lights
The national company law tribunal (nclt) has has directed to initiate insolvency proceedings against syska led lights, admitting the plea filed by its operational creditor -- sunstar industries. syska led lights, part of pune-based ssk group, operates in s
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Tata Power seeks Rs 21,000 crore wind turbine bids for 3 GW green push
Tata power is seeking bids for over 3 gigawatts (gw) of wind turbines, with the possibility of increasing the capacity to 5 gw over the next five years
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Byju's affiliate drained cash from US units, violating bankruptcy rules
Money that should be used to repay creditors was instead siphoned off to whitehat education technology, a court-approved trustee for the affiliates said in court papers
Tag: Company India Source: business-standard.com Dated: 2024-10-09
UBS Group buys IDFC shares worth Rs 88 cr through open market transaction
Swiss financial services company ubs group on wednesday bought shares of idfc ltd for rs 88 crore through an open market transaction. according to the bulk deal data available with the nse, ubs through its arm ubs principal capital asia purchased 81,48,705
Tag: Company India Source: business-standard.com Dated: 2024-10-09
MHI seeks ARAI's comments on consumer grievances against Ola Electric
The notice from ccpa came in response to 9,948 consumer complaints registered against ola electric between september 1, 2023, and august 30, 2024, on the national consumer helpline
Tag: Company India Source: business-standard.com Dated: 2024-10-09
TN govt urges workers to resume work as Samsung accepts most of the demands
The tamil nadu government on wednesday said samsung india electronics has accepted most of the demands of workers, who commenced strike on september 9, and reiterated its request that employees resume work immediately. in a related development, on tuesday
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Forensic probe by experts underway on the cyberattack: Star Health
A data breach recently at star health's servers reportedly put up for sale on the messaging platform telegram sensitive data of 31 million customers, amounting to an estimated 7.24 terabytes
Tag: Company India Source: business-standard.com Dated: 2024-10-09
ZEEL's committee finds no irregularities against firm during Sebi probe
The committee also reviewed the matter that is currently under adjudication with sebi and stated that no further action is required by the company based on its findings
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Vedanta Resources repays 9 mn in Oct to redeem bonds due in 2027, 2028
Vedanta resources ltd has said it paid usd 869 million to bondholders in october to redeem bonds three to four years ahead of maturity. the repayments are part of a larger liquidity management exercise under which vedanta resources finance ii plc (vrf) --
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Byju's founder denies fraud, says missing funds used for legitimate purpose
The company got the .2 billion loan nearly three years ago as it planned to use most of the proceeds on an international expansion, raveendran claimed
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Adani Enterprises announces QIP at Rs 3,111 per share floor price
The company added that it may, at its discretion, offer a discount of not more than 5 per cent on the floor price
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Jindal abandons oil venture with Venezuela's crude producer PDVSA: Report
Jindal is exiting the deal under which it would have overseen one of petroleos de venezuela's key installations for producing and processing heavy-crude oil for export
Tag: Company India Source: business-standard.com Dated: 2024-10-09
TAC InfoSec adds 200 new clients across 32 countries in September
Tac infosec, a cybersecurity solutions provider, on wednesday said it added 200 new customers, including microsoft and lenovo, across 32 countries in september. tac infosec limited (tac security) is a cybersecurity company specialising in vulnerability man
Tag: Company India Source: business-standard.com Dated: 2024-10-09
HDFC Life Insurance plans to raise Rs 1,000 cr via NCDs to fund growth
Hdfc life insurance on wednesday said the insurer plans to raise rs 1,000 crore through non convertible debentures to fund business growth. the decision to this effect was taken by the capital raising committee (crc) of the hdfc life insurance board, the i
Tag: Company India Source: business-standard.com Dated: 2024-10-09
NCLT Ahmedabad approves delisting ICICI Securities from stock exchanges
The nclt ahmedabad bench, led by justice shammi khan, while approving the scheme, dismissed two applications objecting to the scheme of delisting
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Jio Payments Bank gets mutual funds distribution licence from Amfi
The move is part of jio financial services' plan to broaden its presence in the financial services industry, including asset and wealth management
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Arvind SmartSpaces to develop Rs 600 cr worth housing project in Bengaluru
Realty firm arvind smartspaces ltd will jointly develop a housing project in bengaluru with a revenue potential of rs 600 crore. in a regulatory filing, the company said it "has signed a new residential apartment project in bengaluru, with a total estimate
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Embassy Reit raises Rs 2,000 crore to repay NCDs maturing in October
Embassy office parks reit has raised rs 2,000 crore debt to repay non-convertible debentures maturing this month. in a regulatory filing on tuesday, embassy reit said it has raised "rs 2,000 crore of coupon-bearing debt at an interest rate of 7.95 per cent
Tag: Company India Source: business-standard.com Dated: 2024-10-09
Daewoo targets Rs 500 cr revenue by FY27, plans to launch over 100 products
Korean brand daewoo on tuesday said it has set the target of achieving a revenue of rs 500 crore by fy27 from india business and plans to launch over 100 products across multiple categories. besides, the company is also looking to launch its own branded st
Tag: Company India Source: business-standard.com Dated: 2024-10-08
Foxconn firm Yuzhan Technology to invest Rs 13,180 crore in Tamil Nadu
The unit is expected to generate at least 14,000 jobs. interestingly, of the 14 existing manufacturing units in the apple supply chain, seven are already in tamil nadu
Tag: Company India Source: business-standard.com Dated: 2024-10-08
Will back grounded planes to service in 24 months: SpiceJet to DGCA
Sources indicate that the airline informed the regulator that seven of the 36 grounded planes would be returned to service by the end of the year
Tag: Company India Source: business-standard.com Dated: 2024-10-08
CITU strike at Samsung unit continues for 30th day despite pay hike
Citu sticking to its demand regarding union recognition and talks with its leaders
Tag: Company India Source: business-standard.com Dated: 2024-10-08
Magicpin largest food delivery app on ONDC, logs 150,000 orders daily
Hyperlocal delivery startup says performance in september proves growing market share in major cities
Tag: Company India Source: business-standard.com Dated: 2024-10-08
Amneal Pharma to invest Rs 1,600 crore in Gujarat to make GLP-1 drugs
Globally, there is a shortage of this new class of diabetes and obesity treatment
Tag: Company India Source: business-standard.com Dated: 2024-10-08
Malaysia Airlines to resume Kuala Lumpur-Kolkata flights on December 2
Malaysia airlines will restart direct flights between kuala lumpur and kolkata from december 2 as the carrier boosts its services to india. currently, the airline connects kuala lumpur directly with nine indian cities -- new delhi, bengaluru, mumbai, chenn
Tag: Company India Source: business-standard.com Dated: 2024-10-08
Paytm Money launches BSE F&O trading to expand wealth management services
The platform will enable users to trade both nse and bse f&o contracts in one app.
Tag: Company India Source: business-standard.com Dated: 2024-10-08
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