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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

Go First planes need parts; lessors to take longer to fly them out of India

Lessors are likely to take a longer time to fly the go first's deregistered 54 planes out of the country as the majority of the planes require engine and spare parts, according to industry experts. out of the 54 planes, around 24 that were in a flying cond
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Air India deploys A350 on international route with Delhi-Dubai flight

Air india has commenced services with its a350 aircraft on the international route by operating the first delhi-dubai flight on wednesday and plans to fly the wide-body plane on more overseas routes in the coming months. the tata group-owned carrier is now
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Vodafone Idea in talks to avail loans worth .8 billion, says report

The company has reached out to state-run lenders state bank of india (sbi), bank of baroda, punjab national bank and some privately-held banks, the report said
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Adani Enterprises got 2 Sebi notices over Hindenburg report in Q4: Report

In the quarter ended march 31, the flagship of billionaire gautam adani empire received two so-called show-cause notices from the securities and exchange board of india, or sebi
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

P&G Health Q4 results: PAT dips 21% to Rs 46 cr, revenue at Rs 252 cr

Procter & gamble health on thursday said its profit after tax declined 21 per cent year-on-year to rs 46 crore for the third quarter ended march 2024. the company, which follows the july-june financial year, reported a profit after tax (pat) of rs 59 core
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Covaxin developed with focus on safety first, says Bharat Biotech

Bharat biotech on thursday asserted that its covid-19 vaccine covaxin is safe and devoid of any side-effects amid astrazeneca's admission that covishield could cause complications in rare cases. in a statement, the company stated that covaxin was developed
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Godrej family begins process to untangle cross-holdings in listed entities

Adi/nadir family to acquire 20.84% in godrej inds from jamshyd/smita family, and another 12.65% from rkn enterprises via block deals
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

RailTel Q4 results: PAT rise 3% to Rs 77.5 cr, total income at Rs 852 cr

Railway psu railtel corporation of india on thursday reported a 3 per cent rise in profit after tax to rs 77.53 crore for the january-march quarter of 2023-24 compared to rs 75.24 crore in the same period of the previous year. the mini ratna company under
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

YES Bank receives service tax demand order of over Rs 6.42 crore penalty

Yes bank on thursday said it has received a service tax demand order, which levied a penalty of over rs 6.42 crore. "the bank has received an order from the office of the commissioner of gst & central excise, maharashtra on may 02, 2024, confirming tax lia
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Ceat Q4 results: Net profit falls 18.8% to Rs 109 cr on higher rubber costs

Ceat, whose customers include automakers maruti suzuki and mahindra & mahindra, is the first indian tyremaker to report results this quarter
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

RBI lifts curb on Bajaj Finance's lending products 'eCOM', 'Insta EMI Card'

The non-banking financial company (nbfc) will resume sanction and disbursal of loans through both these business segments, including issuance of emi cards
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Janhvi Kapoor opens Chennai family home for Airbnb's 'Icons' experience

Nestled in lush greenery, the kapoor family home in chennai spans over four acres
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Amul will sponsor USA men's cricket team in upcoming T20 World Cup

Gujarat cooperative milk marketing federation (gcmmf), which markets dairy products under the amul brand, has become a lead sponsor for a usa cricket men's team in the upcoming t20 world cup. in a statement, gcmmf said that amul has joined as the lead arm
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Blue Dart Express Q4 results: Net profit rises 12% to Rs 78 crore

Logistics company blue dart express on thursday reported a consolidated net profit of rs 77.78 crore for the march quarter, registering a 12 per cent increase on the back of revenue growth. the company had reported a net profit of rs 69.44 crore in the yea
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Stride Ventures closes Fund III at 5 mn, portfolio showcases top cos

This third fund has garnered strong support from a diverse mix of investors, including insurance companies, family offices, corporate treasuries, and high-net-worth individuals (hnis)
Tag: Company India    Source: business-standard.com   Dated: 2024-05-02

Airtel appoints Ambareesh Mandelia as head of M&A, business development

Bharti airtel on wednesday said it has appointed ambareesh mandelia as head of m&a and business development. before joining airtel, mandelia was heading the corporate health and wellness business units at tata 1mg, along with corporate strategy. "ambareesh
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

IndiGo gets demand notice over FY19 input tax credit discrepancies

Indigo has received a tax demand following the rejection of an input tax credit that was availed by the company in 2018-19. in a regulatory filing on wednesday, the company said it has received a "demand of rs 31,240, including tax of rs 21,240 and penalty
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Transfer of baton: New-gen leaders to take the reins as Godrej group splits

Each family may sell the shares it holds personally and/or via trusts to the other family in tax-neutral transactions
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Godrej Industries to be main holding company for Adi-Nadir Godrej family

Godrej industries holds 64.9 per cent stake in godrej agrovet, and 23.7 per cent stake in godrej consumer products, and 47.3 per cent stake in godrej properties
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Netweb Technologies Q4 results: Net profit up around 3-fold at Rs 29.6 cr

Domestic computer server maker netweb technologies posted a nearly three-fold jump in its net profit to rs 29.6 crore in the fourth quarter ended on march 31, 2024, on account of a boom in demand for artificial intelligence-based solutions. the company had
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

RailTel signs MoU with tech firm for KAVACH implementation projects

The railways on wednesday inked an agreement with a tech firm for "exploring and delivering" train collision avoidance system kavach implementation projects in india as well as other countries, according to a statement. the memorandum of understanding (mou
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Multi-billion dollar Godrej family split may not attract tax, say lawyers

A family settlement is defined as an arrangement between members of the family with the intent to avoid disputes
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Meat startup Licious eyes IPO in 24 months, 500 stores in 5 years

The meat and seafood startup is looking to achieve ebitda profitability by march this year
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

In talks with Vodafone Idea, hopeful of recovering dues soon: Indus Towers

Indus towers is keen on servicing vi's expected 4g expansion and 5g rollout
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Maruti Suzuki expects reincarnation of small car segment by 2026-end

Maruti suzuki india expects a revival of the small car segment in the domestic market by 2026-end or 2027, after suffering from affordability issues and onslaught from suvs, according to a senior company official. the small car segment, which had once dom
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

DGCA deregisters all 54 aircraft leased to Go First after Delhi HC order

The delhi high court, on april 26, directed the dgca to deregister planes leased to go first within five working days, providing much-needed relief to the lessors
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Adi-Nadir Godrej family makes open offer to acquire Astec Lifesciences

To acquire 20.84% stake in godrej industries from jamshyd godrej family
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Delhi bound Vistara flight makes emergency landing at Bhubaneswar airport

A flight from bhubaneswar to new delhi returned minutes after take-off and made an emergency landing after the aircraft was caught in a hailstorm and suffered damage on wednesday, an official said. the 169 passengers and crew on board are safe. the new del
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Adani Power Q4 result: Net profit down 48% at Rs 2,737 cr, revenue up 30%

Adani portfolio of companies will continue to provide innovative, reliable, and scalable solutions to support the nation's economic growth, says gautam adani
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Vedanta Group planning to invest bn in India in 4 years: Anil Agarwal

The vedanta group is targeting an investment of usd 20 billion across all its businesses in india over the next four years, its chairman anil agarwal said on wednesday. the investments will be focused on technology, electronics, and glass businesses apart
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Section of A-I Express staff flag concerns, allege mismanagement at airline

A grouping of air india express cabin crew has alleged that the airline is being mismanaged and there is a lack of equality in the treatment of the staff. the airline is part of the tata group and is in the process of merging aix connect (formerly airasia
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Adani Wilmar Q4 results: Net profit increases 67% to Rs 156.75 crore

The company's total income fell to rs 13,342.26 crore in the january-march period of the last fiscal year from rs 14,185.68 crore in the year-ago period, according to a regulatory filing
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

ITC's Fortune Hotels targets opening a new hotel every month this fiscal

Fortune hotels, a member of itc's hotel group, is planning to open a new hotel every month in the current financial year, the company's managing director samir mc said on wednesday. in an interview to pti, samir shared the expansion plans of fortune hotels
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Tally expects 30-40% revenue growth in FY25; to expand overseas footprint

Homegrown accounting software firm tally solutions looks to expand its footprint in the middle east, southeast asia and africa and expects revenue growth of 30-40 per cent this financial year, a senior company executive has said. "currently, we provide acc
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Airtel Xstream Play strengthens regional library; teams up with Sun NXT

Bharti airtel on wednesday announced that airtel xstream play, the ott aggregator service with over five million paid subscribers has strengthened the regional content library by partnering with sun nxt. sun nxt is the video streaming platform, owned and o
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Five Star Business Finance Q4 results: PAT up 40% to Rs 236 crore

Non-banking finance company five-star business finance ltd has recorded a 40 per cent rise in its profit after tax for the january-march 2024 quarter at rs 236 crore. the city-based company had registered a profit after tax at rs 169 crore during the corre
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

TVS Motor sales rise 25% to 383,615 units in Apr, Motorcycle sales up 24%

Tvs motor, which manufactures two-wheeler and three-wheeler vehicles, has registered a 25 per cent growth in sales in april, having sold 3,83,615 units this year compared to 3,06,224 units during the same month last year, the company said on wednesday. sal
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Jindal Stainless to invest Rs 5,400 crore to expand capacity, says MD

Jindal stainless ltd (jsl) will invest rs 5,400 crore to expand capacity to 4.2 million tonne per annum, the company's managing director abhyuday jindal said on wednesday. the investments will be made during the next two years, jindal said, while addressin
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Mubadala, Warburg in talks with Shriram Finance to buy stake in SHFL

Shriram finance on tuesday confirmed that it is looking to unlock value in the housing finance arm (shfl) to secure growth capital.
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

YES Bank receives GST demand orders levying penalty worth Rs 6.87 lakh

Yes bank on wednesday said it has received two gst demand orders, which levied a penalty of over rs 6.87 lakh. the penalty levied by the manipur and punjab gst departments amounts to rs 5.05 lakh and over rs 1.81 lakh, respectively. "the bank has received
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Godrej Group division: Here's a look at 127-year-old history of the company

From steel locks to cinthol soap, here is a look at the group that once played a role in the swadeshi movement
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Tata Motors receives tax demand of nearly Rs 25 cr; plans to file appeal

Tata motors ltd on wednesday said it has received a tax demand of nearly rs 25 crore, including penalty and interest, from authorities on account of short payment of tax and excess availment of credit. an order was passed on april 30, 2024, by the sales ta
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

VE Commercial Vehicles total sales decline 18.1% to 5,377 units April

Eicher motors ltd on wednesday said its arm ve commercial vehicles ltd posted an 18.1 per cent year-on-year decline in total sales to 5,377 units in april 2024. ve commercial vehicles (vecv) -- a joint venture of the volvo group and eicher motors -- sold 6
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Coal India production increases 7.3% to 61.8 million tonnes in April

State-owned cil on wednesday said its production increased 7.3 per cent to 61.8 million tonnes (mt) in april. the company had produced 57.6 mt of coal in the corresponding month of the previous fiscal, coal india ltd (cil) said in a filing to the bse. cil
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

APSEZ becomes India's 1st large-sized pvt infra developer to get AAA rating

Adani ports and special economic zone (apsez) on wednesday said it has secured an aaa rating by care ratings. with this development, the company has become the first large-sized private infrastructure developer to get this recognition, apsez said in a stat
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Ambuja Cements Q4FY24 results: Net profit surges 64% to Rs 1,055 crore

Ambuja cements' revenue from operations increased by 11.64% to rs 8,893.99 crore in q4, compared to rs 7,965.98 crore reported in the year before
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Micron Tech's India-made semiconductor chips set for global debut in 2025

Demand, pricing, customer need will determine the specific allocation of the chips, says company's senior executive
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

G&B-Godrej Properties partnership to continue for Vikhroli land development

Godrej & boyce and godrej properties on wednesday said they would continue their association for land development at vikhroli in mumbai, a day after the founding family of the godrej group announced an amicable split of the conglomerate. in a joint stateme
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Singapore Airlines to pay Rs 2 lakh to Indian couple over seat malfunction

The singapore airlines has been ordered to pay rs 2,13,585 to telangana's dgp ravi gupta and his wife over malfunction in their automatic recliner seats in the business class
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Godrej family amicably splits 127-year-old conglomerate into two groups

Adi godrej family gets control of listed entities while cousin jamshyd to own godrej & boyce and land bank
Tag: Company India    Source: business-standard.com   Dated: 2024-05-01

Castrol India's Q1 profit rises on new product launches, resilient demand

Revenue from operations grew 2.4% to rs 13.25 billion , despite soft consumer demand initially in the quarter, managing director sandeep sangwan said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

Star Health Q4FY24 results: Net profit rises 40% to Rs 142 crore

The investment income in the quarter under review increased to rs 3,953.3 crore, 35 per cent over rs 2,915.2 crore from the january - march quarter of fy23 due to better interest rates
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

Exide Q4 results: Net profit up 2.56% at Rs 184.74 cr, revenue rises 13.49%

The company on tuesday announced changes in key management positions effective 1 may 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

IndiGrid Investment Managers settles InvIT rule violation case with Sebi

Indigrid investment managers ltd has settled a probe by markets regulator sebi in a case pertaining to the alleged violation of infrastructure investment trust (invit) rules after paying rs 23.4 lakh towards settlement charges. the case related to indigrid
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

Bottler Coca Cola HBC beats revenue estimate for Q1 on strong demand

Price increases are expected to moderate relative to last year because inflation levels are lower, bogdanovic said
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

Sanofi India introduces diabetes drug 'Soliqua' at Rs 1,850 per pen

Sanofi reported that in india, over 100 million individuals are grappling with type 2 diabetes and its associated complexities
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

RBI grants 20 companies with PA licence in the first four months of 2024

This year, major players such as amazon pay, digio, ccavenue, decentro, mswipe, tata pay, zoho, zomato, among others, received a final nod from the regulator to operate as payment aggregators
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

Meta's Facebook, Instagram in EU crosshairs for election disinformation

The digital services act which kicked in last year requires big tech to do more to counter illegal and harmful content on their platforms or risk fines of as much 6% of their global annual turnover
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

Uco Bank aims to bring down govt stake to 75% this fiscal: MD Aswani Kumar

Uco bank on tuesday said it aims to reduce the government's stake in the bank from the current 95.39 per cent to 75 per cent in several tranches by fiscal 2024-25, to comply with the minimum public shareholding norms set by sebi. the lender has time until
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

Tech Mahindra partners with Atento to offer GenAI-powered services

It company tech mahindra on tuesday said it has partnered with spain-based atento to provide generative ai-powered solutions and services to global enterprises. atento is a customer relationship management (crm) and business transformation outsourcing (bto
Tag: Company India    Source: business-standard.com   Dated: 2024-04-30

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