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

Northern Arc aims to raise Rs 1,000 cr through alternate investment fund

Northern Arc aims to raise Rs 1,000 cr through alternate investment fund

Non-bank lender northern arc on monday said one of its arms is aiming to raise rs 1,000 crore in an alternate investment fund (aif). the category ii aif aims to raise rs 1,000 crore, and has the scope to raise an additional rs 500 crore through the green s
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Maggi revival architect Narayanan to bow out after 26 yrs with Nestle group

Maggi revival architect Narayanan to bow out after 26 yrs with Nestle group

Throughout his career with the nestle group, narayanan has held numerous international leadership roles, spanning markets - thailand, cambodia, myanmar, laos, vietnam, egypt and more
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Ericsson bags 4 more telecom circles for 4G, 5G deployment on VIL network

Ericsson bags 4 more telecom circles for 4G, 5G deployment on VIL network

Swedish telecom gear maker ericsson has bagged four more telecom circles from vodafone idea for the deployment of 4g and 5g technology, the company said on monday. last month, debt-ridden vodafone idea (vil) had awarded about rs 30,000 crore telecom networ
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Amid rising service complaints, CCPA issues notice to Ola Electric

Amid rising service complaints, CCPA issues notice to Ola Electric

The notice, issued on october 3, cites the 'potential violation' of key provisions of consumer protection act, 2019
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Amazon India launches safety, wellness initiatives for delivery associates

Amazon India launches safety, wellness initiatives for delivery associates

Amazon india launches safety, wellness initiatives for delivery associates new delhi: amazon india has launched ambulance services for delivery associates in partnership with dial 4242 and rolled out a comprehensive six-month health campaign which is expec
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Sriperumbudur strike: Samsung signs MoU, agrees to Rs 5K special incentive

Sriperumbudur strike: Samsung signs MoU, agrees to Rs 5K special incentive

In the unfortunate event of an employee's death, samsung will provide immediate relief of rs 100,000 to the family
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Pernod Ricard to set up malt distillery, maturation facility in Maharashtra

Pernod Ricard to set up malt distillery, maturation facility in Maharashtra

Wine maker pernod ricard india on monday said it will set up a malt distillery and maturation facility in maharashtra as part of the company's plan to invest up to rs 1,785 crore in 10 years. the ground-breaking (bhoomi pujan) ceremony for the upcoming pla
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Servotech Power gets order to set up 9 EV charging stations in Maharashtra

Servotech Power gets order to set up 9 EV charging stations in Maharashtra

Servotech power systems on monday said it has secured an additional order in maharashtra to set up nine ev charging stations. with this, the total number of ev charging stations set up by the company will reach 29. the additional orders have been secured f
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

GroupM Media India's Prasanth Kumar re-elected as president of AAAI

The decision was finalised at aaai's annual general body meeting held in mumbai
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

India emerging as destination for most evolved supply chain: P&G India CEO

India is emerging as a destination for the "most evolved supply chain capabilities" which not only enables product availability but also caters to evolving shopper needs, procter & gamble india ceo kumar venkatasubramanian said on monday. digital advanceme
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Amazon, Unilever veteran Manish Tiwary set to become Nestle India MD

Since 2013, amazon has invested around .5 billion in the e-commerce business in india
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

P&G investing in quick commerce as convenience drives consumption

India emerging as destination with most evolved supply chain know-how, says ceo
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Scaling up plane production is main challenge, India can help: Airbus CEO

When asked about his plans to set up a final assembly line (fal) for commercial planes in india, he replied that the fal is just the tip of the iceberg and it is not a "limiting factor"
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Meesho records 40% increase in total orders during annual festival sales

Softbank-backed e-commerce firm meesho on monday said that it has recorded a 40 per cent growth year-on-year in total orders during the latest annual festival sales. the e-commerce firm claims to have recorded 145 crore customer visits during the 10 days l
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Glucometer maker Morepen Labs to hive off medical devices business

It plans to do so in 12-24 months to unlock value
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Securitisation volumes likely to have touched Rs 60,000 cr in Q2: Icra

Hdfc bank, in its quarterly update, said it has securitised rs 19,200 crore of loans in q2fy25 as a strategic initiative to lower its elevated credit-deposit ratio
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Bank of Baroda ropes in Sachin Tendulkar as global brand ambassador

At present, badminton olympian p v sindhu, indian woman cricketer shafali verma, and tennis player sumit nagal are acting as brand endorsers for bank of baroda
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Jaguar Land Rover retail sales down 3% at 103,108 units in second quarter

Tata motors-owned jaguar land rover on monday reported a 3 per cent decline in retail sales at 1,03,108 units in the second quarter of the current fiscal as compared to the year-ago period. retail sales for the first six months of the financial year were a
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Ashok Leyland to launch first H2- powered truck in the next 2 years

On monday, the company commenced the delivery of the largest single order of electric trucks in india to billion electric mobility, a member of group billione
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Emami scouting inorganic opportunities in healthy foods, pet care sectors

In august this year, emami acquired 100 per cent ownership of men's grooming brand the man company
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

SECL to spend Rs 169 cr on plantation drive in MP, Chhattisgarh in 5 yrs

Coal india-arm secl is set to spend rs 169 crore over the next five years on extensive plantation drives in chhattisgarh and madhya pradesh, an official statement said on monday. in partnership with the rajya van vikas nigam, the south eastern coalfields l
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Hitachi Energy India plans Rs 2,000 crore investment in energy projects

The key focus areas for the company in india would be building power transmission systems, especially high-voltage direct current (hvdc) technology for which it is the only supplier in india
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Emami expects Q-commerce channel to grow five-fold in 2 years: VC & MD

Home-grown fmcg major emami expects four to five-fold growth in sales through quick commerce channels in the next two years, the company's vice chairman & md harsha v agarwal said on monday. besides, it is also looking for more acquisition opportunities in
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Amazon miniTV merges with MX Player to expand ad-supported streaming

This combined entity will be known as amazon mx player
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Jio urges Trai to review consultation paper on satellite spectrum

Reliance jio has urged telecom regulator trai to come up with a revised paper on spectrum allocation for satellite communication alleging that it ignores the key point of ensuring level-playing field between satellite and terrestrial services. in a letter
Tag: Company India    Source: business-standard.com   Dated: 2024-10-07

Malls need to be 'more humane' towards delivery partners: Zomato CEO

Zomato ceo deepinder goyal on sunday said malls need to be "more humane" towards delivery partners, sharing his first-hand experience as a delivery executive picking up orders for the food tech giant. the zomato ceo and his wife grecia munoz, who changed h
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Samsung officials hold talks with TN govt amid ongoing labour strike

Senior officials of korean electronics giant samsung on sunday called on tamil nadu minister for industries trb rajaa here and discussed swiftly resolving the ongoing labour strike at their factory. the meeting was held following chief minister m k stalin'
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Exicom acquires US EV charging company Tritium for nearly Rs 310 crore

Home grown ev charging solutions firm exicom has acquired us-based dc fast charging technology company tritium for usd 37 million, or about rs 310 crore, a senior company official said. exicom managing director anant nahata told pti that the company is set
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Paytm focusing on consumer payments business: CEO Vijay Shekhar Sharma

Fintech firm paytm's immediate priority is to invest in its consumer payments business in an effort to recover lost user base following regulatory actions by the rbi, a top company official said on sunday. the rbi had restricted paytm payments bank from ac
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Tata Digital's financial services bet pays off as credit cards top 1.5 mn

According to tata digital's fy24 annual report, its financial services have witnessed significant growth, with its co-branded credit card reaching 1.18 million cards
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Canara Bank invites EoIs for counter bids on exposure to 3 NSL companies

The three nsl group companies include nsl sugar ltd, nsl krishnaveni sugar ltd, and nsl textiles ltd. nsl group is led by mandava holdings pvt ltd, the holding company
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

L&T eyes role in building NASA's successor to International Space Station

After powering isro's space missions for more than five decades, india's largest engineering firm larsen and toubro has now set its eyes on the international market, particularly the next international space station. l&t was earlier in talks with jeff bezo
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Ola founder Bhavish Agarwal, Kunal Kamra spar over service quality issues

A war of words broke out between ola founder bhavish agarwal and stand-up comedian kunal kamra on sunday on social media platform x over the after sales and service quality of the company's electric scooters. it started when kamra responded to a post on x
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Godrej, Macrotech sell properties worth over Rs 22,000 crore in Apr-Sep

India's two big realty firms godrej properties and macrotech developers have sold properties worth over rs 22,000 crore during april-september, up 56 per cent annually, on strong demand for premium homes. godrej properties sells its real estate projects un
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

LIC boosts stake in Pune-based Bank of Maharashtra from 4.05% to 7.10%

Lic acquired 3.376 per cent equity of the bank during the qip process at an average cost of rs 57.36
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Eco Hotels looks to become profitable by end of FY26; acquires 3 properties

Eco hotels and resorts ltd looks to become profitable by the end of next fiscal and has acquired three properties with around 178 keys, according to a statement. the hospitality company which aims to develop eco-friendly properties with zero carbon footpri
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

SBI plans to recruit around 10,000 new employees during FY25 for efficiency

The country's biggest lender state bank of india (sbi) intends to recruit about 10,000 new employees during the current financial year to meet its general banking requirement and foster its technical prowess. the bank has invested significantly in technolo
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Adani Group starts India's biggest hydrogen blending in natural gas project

Adani group has started blending green hydrogen in natural gas that is supplied to households for cooking purposes in parts of ahmedabad, with a view to cut emissions and meet net-zero targets. adani total gas ltd, the group's city gas joint venture with f
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Amul ready to enter European market after recent success in US: MD Mehta

Managing director of amul and gujarat co-operative milk marketing federation ltd (gcmmf) jayen mehta said amul's recently launched milk in us has been "highly successful" and they are now ready to enter the european market, which would mark a historic mome
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Birla's Hindalco, Jindal's JSW Steel in race for copper mines in Jharkhand

Aditya birla group firm hindalco industries and sajjan jindal-led jsw steel are in the race for two copper mines in jharkhand which will be put on sale this month, sources said. both mines have a combined capacity of three million tonne per annum. hindalco
Tag: Company India    Source: business-standard.com   Dated: 2024-10-06

Airport systems effective, will take time to achieve full normalcy: IndiGo

Earlier today, indigo said that it is facing a temporary system slowdown across its network, which is affecting its website and bookings
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

MEIL commissions 5 solar plants in Maharashtra having capacity of 19 MW

Infrastructure company meil on saturday said it has commissioned five solar plants in maharashtra having a combined capacity of 19 megawatt (mw). the plants were inaugurated by prime minister narendra modi virtually, megha engineering and infrastructures l
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

REC disburses loans worth Rs 90,955 cr from Apr-Sep, up 20% from yr ago

State-owned rec has disbursed loans worth rs 90,955 crore during april-september fy25, up 20.10 per cent from the year-ago period. of the total amount, rs 11,297 crore was green loan, 92.68 per cent higher year-on-year, the company said in a statement. in
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

IndiGo faces major system outage; passengers stranded for hours: WATCH

Indigo reassured its customers that airport staff are working to minimise the wait times at check-in counters. however, passengers reported facing issues, including difficulties with web check-in
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

Mamaearth parent Honasa clarifies it has no assets in UAE, no attachment

Honasa consumer ltd, which owns mamaearth, brand, on saturday said there will be no attachment of its assets in the uae as it has no assets there, although a court in dubai has ordered such an action in its ongoing litigation with rsm general trading llc o
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

Safex-backed AgCare Technologies starts online marketplace for agri inputs

Safex chemicals-backed agcare technologies has started an online marketplace 'golden farms' to digitise agricultural input supply chain in india. in january 2023, safex chemicals invested rs 100 crore in agcare technologies. "delivering to over 16,000 pin
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

IPO-bound food delivery app Swiggy launches XL EV fleet for bulk orders

Swiggy's new xl fleet includes 20 specially designed electric vehicles that cater to large orders
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

SBI declares MTNL a non-performing asset amid Rs 325.53 crore debt

Sbi warns telecom firm mtnl that payment failure would result in a penal interest rate being applied to the outstanding balance
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

FIR against Ajay Singh, SpiceJet board surfaces day after clearing PF dues

The delhi police's economic offence wing had filed an fir against spicejet's managing director ajay singh and top officials for cheating and criminal conspiracy in september
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

Dev Accelerator plans Rs 125 cr IPO amid high demand for office spaces

Dev accelerator ltd, which provides flexible office spaces, has filed a draft document with sebi to launch its initial public offering (ipo) to raise around rs 125 crore. dev accelerator (devx) is promoted by listed entity dev information technology ltd. d
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

HC stays order declaring Ola's relation with drivers as employer-employee

The karnataka high court has stayed a single judge verdict, which had classified the relationship between ani technologies private limited (ola) and its drivers as that of employer-employee. the original ruling required ola to address complaints of sexual
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

NAREDCO signs MoU with FSAI to improve safety standards in realty projects

Realtors' body naredco has signed an agreement with fire and security association of india (fsai) to enhance standards related to fire safety in real estate projects. the national real estate development council (naredco) has signed a memorandum of underst
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

SpiceJet says cleared salary, GST dues; deposited 10-month PF dues

Crisis-hit spicejet, which has recently raised rs 3,000 crore, on friday said it has cleared all pending salary and gst dues as well as deposited ten months' dues of provident fund. on september 23, the airline announced raising rs 3,000 crore through qua
Tag: Company India    Source: business-standard.com   Dated: 2024-10-05

SAMHI Hotels to acquire Innmar Tourism for enterprise value of Rs 205 cr

Innmar tourism and hotels, incorporated in october 2003, had a turnover of rs 24.76 crore in fy24
Tag: Company India    Source: business-standard.com   Dated: 2024-10-04

JSW MG Motor India unveils India's first high-voltage second-life battery

By repurposing used ev batteries, the company aims to extend their lifecycle, reducing waste and supporting the growth of an eco-friendly ev ecosystem in india
Tag: Company India    Source: business-standard.com   Dated: 2024-10-04

Germany's Thyssenkrupp loses fight against EU veto of Tata Steel JV

Eu competition enforcer said the deal, which had aimed to tackle over-capacity and other challenges in the steel industry, could result in price hikes
Tag: Company India    Source: business-standard.com   Dated: 2024-10-04

Agreed to cuts by CBFC for 'Emergency', certificate can be issued: Zee

Zee entertainment enterprises, co-producer of kangana ranaut's emergency' film, on friday told the bombay high court it has agreed to the cuts suggested by the censor board. senior counsel sharan jagtiani, who represented zee, said the necessary cuts would
Tag: Company India    Source: business-standard.com   Dated: 2024-10-04

JSW MG Motor, Vision Mechatronics join hands to redefine EV batteries

Jsw mg motor india on friday announced a collaboration with vision mechatronics for repurposing used electric vehicle batteries with a homegrown battery management system for second-life usage in large-scale energy storage. the project with vision mechatro
Tag: Company India    Source: business-standard.com   Dated: 2024-10-04

HDFC Bank's deposit growth outpaces credit in Q2, helping meet target

Country's largest private sector has indicated that it would grow its advances at a slower pace than deposits
Tag: Company India    Source: business-standard.com   Dated: 2024-10-04

Samantha Prabhu invests in wellness startup Secret Alchemist as co-founder

Aromatherapy-based wellness brand secret alchemist was founded in 2021 by ankita thadani and akash valia. the brand offers a range of products for holistic well-being
Tag: Company India    Source: business-standard.com   Dated: 2024-10-04

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