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

Chhattisgarh's SECL plans to remove 2,200 mt of scrap under special drive

Chhattisgarh's SECL plans to remove 2,200 mt of scrap under special drive

This will free up a huge amount of space, which can be reused. along with this, it will also generate additional revenue of about rs 10 crore
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

Air India introduces new policy on room sharing, allowances for cabin crew

Air India introduces new policy on room sharing, allowances for cabin crew

Air india is introducing a revised policy for the cabin crew members of domestic and international flights, wherein certain sections of the members will have to share rooms during layovers, according to a source. the revised policy will also be applicable
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

Consolidated revenue growth in Q2 remained in high single-digits: Marico

Consolidated revenue growth in Q2 remained in high single-digits: Marico

Fmcg firm marico ltd on wednesday said its consolidated revenue growth in the july-september quarter remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets durin
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

Air Kerala appoints seasoned aviator C S Randhawa as VP for operations

Air Kerala appoints seasoned aviator C S Randhawa as VP for operations

Startup carrier air kerala on wednesday said it has appointed seasoned aviator c s randhawa as vice-president for operations and aviation security expert ashutosh vashishth as vice-president for security. the kochi-based company, which received the civil a
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

SBI plans to add 600 branches in network during FY25: Chairman Setty

SBI plans to add 600 branches in network during FY25: Chairman Setty

State bank of india (sbi) is planning to open 600 branches across the country in the current financial year in a bid to tap business opportunities in emerging areas including large residential townships. "we have strong branch expansion plans...this would
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

CIL plans to monetise 4 old washeries, aimed at long term supply contract

CIL plans to monetise 4 old washeries, aimed at long term supply contract

State-owned coa india ltd is exploring options to monetise its four old washeries by leasing out those assets and plans to bundle lease contracts with long-term coal supply agreements. the move aims at optimising asset utilisation. "we are exploring the mo
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

WJ Towell & Co raises claim in arbitration from Blue Star to Rs 461.74 cr

WJ Towell & Co raises claim in arbitration from Blue Star to Rs 461.74 cr

Air-conditioner maker blue star ltd on wednesday said oman's wj towell & co llc has increased claim to rs 461.74 crore from it in their ongoing arbitration proceedings at international chamber of commerce. in april this year wj towell & co llc (wjt) had fi
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

Peak XV Partners cuts .8 bn fund by 16% on mkt valuation concerns

Peak XV Partners cuts .8 bn fund by 16% on mkt valuation concerns

The firm underlined its long-term commitment to india and southeast asia, citing strong portfolio performance and an optimistic outlook for the region
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

Vistara experience to remain; services to have 'AI2' prefix: Air India

Air india on wednesday said flights operated with vistara aircraft will have numbers starting with the prefix 'ai2' after the merger next month while vistara's planes, crew and service will continue to operate as before. the tata group-owned full service c
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

Peak XV Partners slashes fees, reduces latest fund by 5 million

Move to reduce the fund and lower fees in prior funds is rare in asia, and underscores challenges of investing in india where valuations have expanded given robust market for initial public offerings
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

India M&As back in action, up 14% in the first nine months of 2024

Gujarat gas' acquisition of gujarat state petronet for billion was the third-largest acquisition in the country
Tag: Company India    Source: business-standard.com   Dated: 2024-10-02

India Inc's credit upgrades surge in H1FY25 on favourable biz environment

Export-intensive segments vulnerable to global risks, warn rating agencies
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

RInfra board approves proposal to raise Rs 2,930 crore through FCCBs

Approves esop scheme for all its employees and those of its subsidiaries
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

NCLAT gives nod to Sarda Energy's Rs 1,950 cr bid for SKS Power Generation

It stated that, according to the supreme court, there should be minimal interference in the commercial decision of the committee of creditors
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

NTPC registers 3.9% growth in power generation, 16% in coal mining

The company's mining arm, ntpc mining, produced 19 million tonnes (mt) of coal during h1fy25, registering a growth of 20 per cent year-on-year
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

ZEEL aims to deliver higher profitability through enhanced performance: MD

Zee entertainment enterprises ltd (zeel) aims to deliver higher profitability through enhanced performance across its businesses and generate better value for all stakeholders, the company's managing director & ceo, punit goenka said on tuesday. addressing
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Rediff.com appoints Vishal Mehta as chairman and managing director

Mehta is also the chairman and managing director at infibeam avenues
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Videocon case: Sebi issues Rs 1 cr demand notices to Dhoot, 2 others

Capital markets regulator sebi has sent demand notices to industrialist venugopal dhoot and two other entities, asking them to pay nearly rs 1.03 crore for insider trading activities in the shares of videocon industries. the regulator has warned venugopal
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Lenders have recovered Rs 3.5 trillion under IBC: IBBI Chairperson Mital

Lenders have recovered rs 3.5 lakh crore through resolution of stressed assets under the insolvency process in the last eight years, a period during which nclt approved 1,000 resolution plans, ibbi chairperson ravi mital said on tuesday. the insolvency and
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

E-commerce order volumes grow 20% in first 4 days of festive season sale

Despite only a marginal increase in volumes, the home decor category reported an impressive 50 per cent increase in gmv over last year
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

AIX Connect's merger into Air India Express is complete, says DGCA

Air india express' fleet size has grown to 88 aircraft
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Birla Estates sells residential real estate worth Rs 600 cr in Bengaluru

Realty firm birla estates has sold properties worth about rs 600 crore in its new housing project in bengaluru. birla estates, a wholly owned subsidiary of aditya birla real estate ltd (formerly century textiles and industries ltd) said in a regulatory fil
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

HAL delivers first AL-31FP engine of Su 30MKI to IAF under new contract

Hindustan aeronautics limited (hal) has handed over the first al-31fp aero engine, manufactured under the 240 engine contract, to the indian air force at koraput in odisha. the contract for 240 al-31fp aero engines for su-30mki aircraft was signed on septe
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

TVS Motor records 20% rise in Sep sales by retailing 4,82,495 units

Two and three wheeler major tvs motor company has garnered a 20 per cent sales in september by retailing 4,82,495 units, the company said on tuesday. the city-headquartered company had registered sales of 4,02,553 units during the same month of last year.
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Adani Power signs agreement to acquire Dahanu Power for Rs 815 crore

In a two-step deal, aesl transferred the asset-holding subsidiary to adani properties, which in turn sold it to adani power
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Coal India production drops marginally by 1% in Sep to 50.9 mn tonne

State-owned cil's coal production dropped marginally by 1 per cent to 50.9 million tonnes (mt) in september. the coal behemoth, which accounts for over 80 per cent of the domestic coal output, produced 51.4 mt in the corresponding month of the previous fis
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Digital arrest and Rs 7 crore heist: How Vardhman Group head was tricked

The fraudsters used fake court orders and impersonated the chief justice of india to convince oswal he was part of a money laundering investigation
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Ola Electric's dominance fades as Indian e-scooter battle intensifies

Ola electric sold 23,965 vehicles in september, recording a month-on-month decline. in that period, ola's closest rivals tvs motor and bajaj auto have narrowed the gap
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Ireda sees 303% surge in loan sanctions, reaching Rs 17,860 cr in Apr-Sept

The company experienced a substantial rise in loan disbursements, which increased by 56 per cent to rs 9,787 crore, up from rs 6,273 crore in september 2023
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Sony Pictures appoints Ravi Ahuja as new CEO; Tony Vinciquerra to step down

As per a statement, ahuja, who will be based in los angeles, will report to sony group corporation chairman and ceo kenichiro yoshida and sony group corporation president, coo and cfo hiroki totoki
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Is celebrity overdose killing brands? HRX, Kay Beauty shine; some struggle

An analysis of celebrity-backed brands in india shows mixed results. while some, like katrina kaif's kay beauty and hrithik roshan's hrx are thriving, virat kohli's wrogn reports revenue decline
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Rahee Infratech files IPO papers with Sebi, aims to raise Rs 420 crore

Rahee infratech ltd, an integrated railway civil engineering, manufacturing and construction firm, has filed preliminary papers with markets regulator sebi for raising funds through an initial public offering (ipo), comprising rs 420 crore through fresh is
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Varindera Constructions files draft papers to secure Rs 1,200-cr via IPO

Varindera constructions has filed draft papers with capital markets regulator sebi to mobilise rs 1,200 crore through an initial share sale. the proposed ipo (initial public offering) is a mix of fresh issue of equity shares valued at rs 900 crore and an o
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Godrej Properties' board approves Rs 6,000 cr fund raise through securities

The funds will be raised in one or more tranches through public and/or private offerings
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

AI Express-AIX Connect merger key in transformation journey: Wilson

The merger of aix connect with air india express is an important milestone in the transformation journey of air india group and the merged entity will cater to the growing air travel demand, campbell wilson said on tuesday. wilson is the managing director
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

DGCA grants approval for merger of AIX Connect, Air India Express

Approval process for this merger involved reviewing organizational structures and approvals, ensuring a seamless transfer of aircraft and personnel, and safeguarding the safety of ongoing operations
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Lufthansa aims to revive 'problem child' airline by 2026: CEO Carsten Spohr

Lufthansa has struggled with competition on its transatlantic and asian routes, recently cancelling its frankfurt to beijing flights as chinese carriers increased capacity
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Ashiana Housing bets on senior housing facilities to drive profit

Improving life expectancy is expected to drive the share of senior citizens in india's 1.43 billion population to 13 per cent by 2030 from 11 per cent currently, according to a colliers report
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Chennai police detains 600 workers, union members as Samsung strikes go on

Charles sam rajadurai, a senior police official, said samsung employees and workers linked to labour group were detained as their protest march near chennai was inconveniencing the public
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Vikram Solar files draft papers to raise Rs 1,500 crore through IPO

Solar module maker vikram solar on tuesday said it has filed draft papers with market regulator sebi seeking permission to raise rs 1,500 crore through an initial public offering (ipo). the initial share sale will include fresh issues of equities worth up
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Workplace stress on the rise: 64% of young professionals feeling the heat

From navigating the challenges of hybrid work to juggling personal expectations, india's youngest workers are feeling the heat like never before
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Want women to thrive at work? It's all about belonging, says new report

Women's workforce representation saw steady growth from 2021 to 2023, reaching 26 per cent, but progress has plateaued in 2024
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Sun Pharma signs licensing pact with Philogen for cancer medication

Sun pharmaceutical industries on tuesday said it has inked a global licensing pact with italian-swiss firm philogen for an anti-cancer drug. as per the agreement, sun pharma will have the exclusive worldwide rights to commercialise fibromun, a speciality p
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Ashok Leyland, travel tech firm FlixBus sign deal for inter-city mobility

Agreement will empower local bus operators through technology, say the two companies
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Qatar Airways buys into Virgin Australia, raises stakes against Qantas

The stake sale also serves as a cornerstone investment ahead of an anticipated return of virgin australia into public ownership, the companies said
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Sony Pictures names TV head Ahuja CEO after Vinciquerra steps down

Ahuja came to sony after a career in television management at the fox networks and walt disney co, here, he's overseen production of award-winning series like the crown, the boys, the last of us, etc.
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Plutus Wealth increases shareholding in SpiceJet, buys Rs 50 cr worth share

Plutus wealth management on tuesday raised its holding in domestic carrier spicejet by acquiring additional shares for rs 50 crore through an open market transaction. according to the bulk deal available with the bse, plutus wealth management purchased 75
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

US labour board accuses Apple of imposing unlawful workplace rules

The complaint accuses apple of "interfering with, restraining, and coercing employees in the exercise of" their rights under federal labor law
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Airtel CEO pens note on spam-fighting network; says crackdown will continue

Bharti airtel is combating the "growing menace" of cyber frauds with network intelligence and al to analyse patterns and accurately identify spammers, ceo gopal vittal said as he asked customers to be vigilant on 'suspected spam' indicator, now available.
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Adani's about .3 billion share sale likely to start next week: Report

Adani enterprises ltd. is looking to raise about .3 billion through a so-called qualified institutional placement and is expected to start the process as early as the week starting oct. 7
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Shree Cement ties up with DPIIT to support startups in manufacturing sector

Shree cement ltd on tuesday said it has signed a memorandum of understanding (mou) with the department for promotion of industry and internal trade (dpiit) to support startups in the manufacturing sector and drive innovation. through this partnership, shre
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Foxconn plans to invest up to Rs 424 crore in semiconductor JV with HCL

Taiwanese electronics manufacturing giant foxconn will invest up to rs 424 crore in a semiconductor joint venture it has set up with hcl group, according to an official note and sources. the iphone contract manufacturer has purchased a 40 per cent stake in
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Lower primary sales with heavy rain in Q2 to impact profitability: Dabur

Homegrown fmcg firm dabur india ltd on tuesday said its profitability in the second quarter will be impacted due to low primary sales with heavy rain and floods in parts of india affecting out-of-home consumption and consumer offtake despite demand trends
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Hero MotoCorp sales increases by 19% to 637,050 units in September

Hero motocorp on tuesday said its wholesales increased 19 per cent year-on-year to 6,37,050 units in september. the two-wheeler major had dispatched 5,36,499 units to dealers in september 2023. the company said its domestic sales rose to 6,16,706 units las
Tag: Company India    Source: business-standard.com   Dated: 2024-10-01

Vidyut, JSW MG Motor India launch battery-as-a-service for passenger EVs

The collaboration aims to make evs more accessible by allowing customers to rent batteries at a minimal usage-based cost, reducing overall running costs compared to traditional ice vehicles
Tag: Company India    Source: business-standard.com   Dated: 2024-09-30

Dr Reddy's Laboratories completes acquisition of Haleon's NRT portfolio

Dr reddy's laboratories on monday said its switzerland-based subsidiary has completed the acquisition of haleon plc's global portfolio of consumer healthcare brands, outside of the us, in the nicotine replacement therapy (nrt) category. dr reddy's laborato
Tag: Company India    Source: business-standard.com   Dated: 2024-09-30

Royal Enfield initiates global recall over safety issue with reflectors

Although there have been no major incidents reported, royal enfield is recalling these motorcycles as a precautionary measure to maintain high safety standards
Tag: Company India    Source: business-standard.com   Dated: 2024-09-30

Govt assigns additional charge of RINL's CMD to Ajit Kumar Saxena

The government has assigned the additional charge of cmd rinl to ajit kumar saxena, a regulatory filing said on monday. saxena is currently the chairman and managing director (cmd) of moil, a psu under the ministry of steel. "we have received an order...da
Tag: Company India    Source: business-standard.com   Dated: 2024-09-30

India unique market, offers huge growth potential: Alma Lasers CEO Dayan

India offers huge growth potential for alma lasers, a global leader in energy-based medical and aesthetic solutions, and it plans to expand its product portfolio in the country by introducing additional platforms, injectables, and skincare solutions, accor
Tag: Company India    Source: business-standard.com   Dated: 2024-09-30

Solex Energy plans to scale up manufacturing capacity to 15 GW by 2030

Solex energy has plans to scale up its module manufacturing capacity to 15 gigawatts which would entail an investment of rs 8,000 crore, cmd chetan shah said on monday. the investment will be made under 'solex energy vision 2030' plan, the top company offi
Tag: Company India    Source: business-standard.com   Dated: 2024-09-30

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