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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

Signature Global Q4 sales bookings jump 3.4 times to Rs 4,140 crore

Realty firm signature global on sunday reported a more than three-fold jump in its sales bookings to rs 4,140 crore in the fourth quarter of last fiscal year, driven by strong demand for its luxury projects in gurugram. in a regulatory filing, the company
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

RoC puts Rs 10 cr fine on 2 cos, 9 individuals for violating companies law

Clamping down for illegal fundraising activities, the corporate affairs ministry has slapped fines totalling nearly rs 10 crore on two companies and nine individuals as they violated private placement norms. the fines have been imposed on planify capital a
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Data centre operator Yotta plans capacity booster for AI efforts

Apart from serving india, the company also aims to cater to the global demand
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Cilio expects to double global business in 18 months with India foray

Us-based saas firm cilio technologies expects to double its global business in the next 12-18 months with its foray into india which will also serve as its hub for operations in the middle east and southeast asia, a top official of the company said. cilio
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Tata Steel India sales rises 6% to 19.9 MT in FY24 on higher demand

Tata steel india has reported a 6 per cent growth in deliveries to 19.90 million tonnes in fy24, supported by higher demand from retail, automotive and railway segments. in india, the company produced 18.85 million tonnes (mt) of steel during the preceding
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Irdai raises concern over Hinduja Group-led IIHL's bid for Reliance Capital

Insurance regulator irdai has expressed some reservations over hinduja group firm indusind international holdings' (iihl) resolution plan for debt-ridden reliance capital, which is also in the insurance business, including non-life, sources said. insurance
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Agnikul puts off launch of Agnibaan sub-orbital rocket for the third time

Chennai-based space start-up agnikul cosmos on sunday called off the maiden launch of its 3d-printed, semi-cryogenic agnibaan rocket about 92 seconds before lift-off citing some technical issues. sunday's was the third attempt at the test launch of the agn
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Former Gazprom unit rejects GAIL demand for compensation of .8 billion

A former unit of russian energy giant gazprom has rejected state-owned gail (india) ltd's demand for compensation for non-delivery of lng supplies in the aftermath of russia's invasion of ukraine. in a stock exchange filing, gail said sefe marketing tradin
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Blackrock, ADIA, domestic mutual funds increase holdings in Vedanta

The world's largest asset manager blackrock, as well as the abu dhabi investment authority, along with domestic mutual funds like icici mutual fund and nippon india mutual fund have increased their holdings in vedanta by almost 2 per cent during the last f
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Adani to invest Rs 2.3 trillion in renewable energy, manufacturing capacity

Adani group will invest about rs 2.3 lakh crore through 2030 in india's most ambitious renewable energy expansion and solar and wind manufacturing capacity addition ever as it shrugs off a short-seller attack to pursue its trademark rapid growth plans. ada
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Voltas AC records 35% sales growth, crosses 2 million unit mark in FY24

Leading residential air conditioner maker voltas on sunday said it has recorded a 35 per cent sales growth to over two million units in fy24, becoming the first company in the domestic market to cross this mark. the performance was attributed to a consiste
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Vistara to discuss rostering system with pilots, incorporate feedbacks: CEO

After facing significant flight disruptions due to the non-availability of crew, vistara chief vinod kannan said the airline will look to review the current rostering system after discussions with pilots and emphasised that there has been no unusual spike
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Macrotech Developers trim debt by 55% to Rs 3,010 cr in March quarter

Realty firm macrotech developers ltd has reduced its net debt by 55 per cent in the fourth quarter of the last fiscal to rs 3,010 crore with the help of internal accruals and equity fundraising. its net debt stood at rs 6,750 crore as of december 31, 2023.
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Bajaj Housing Fin board to meet on Apr 24 to discuss listing requirement

Bajaj housing finance is a 100 per cent subsidiary of bajaj finance
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Sanofi eyes speedy growth in India, plans fast-tracking of product pipeline

Aiming for a "fair share" in the indian pharmaceutical market, french drug major sanofi plans to introduce new drugs and enhance localisation while expanding the reach of its existing brands through collaboration with domestic drug firms, according to a to
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Maruti Suzuki eyes export of 300,000 units in FY25, 800,000 by 2030

On the back of record exports last fiscal, maruti suzuki india is confident of its overseas shipments crossing 3 lakh units in fy25 as part of gradual scaling up to meet the target of up to 8 lakh units by 2030, according to a senior company official. the
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Health-tech firm Pristyn Care eyes IPO in 3 yrs, to expand market presence

By streamlining costs and maximising efficiency, the company aims to enhance its financial performance while expanding its market presence
Tag: Company India    Source: business-standard.com   Dated: 2024-04-07

Virgin Atlantic jet collides with another plane at Heathrow; no injuries

A virgin atlantic jet collided with another plane while it was being towed at heathrow airport on saturday, aviation authorities said. there were no reports of injuries. virgin said its boeing 787-9 had completed a flight and had no passengers aboard when
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Voda Idea gets board nod to raise Rs 2,075 cr from Aditya Birla group

Debt-ridden telecom firm vodafone idea on saturday said its board has approved raising of rs 2,075 crore from promoter aditya birla group and increasing its authorised share capital to rs 1 lakh crore. the company will seek shareholders' approval at an ext
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Wipro CEO Thierry Delaporte steps down, Srini Pallia takes charge

Delaporte will continue in his role until the end of may, working closely with incoming ceo pallia and wipro chairman rishad premji
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Tesla's low quarterly sales spark concerns over company's future growth

The growth issue around tesla has become so sensitive, that a report on friday saying the company was getting rid of its low-cost ev plans which were considered key to fixing its demand problem
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

India must keep e-scooter subsidies to boost adoption, says Ather CEO

India's e-scooter market is small but growing, accounting for 5% of total two-wheeler sales in fiscal 2023-2024
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Businesses of saving planet, sustainability can prosper: Uday Kotak

Wish for india to see it in the third place in the next five years as an absolute gdp
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Embassy REIT to acquire business park in Chennai for Rs 1,269 crore

The business park estz comprises 1.4 million square feet of completed area, which is 95 per cent occupied and leased to large global companies such as wells fargo and bny mellon, among others
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Over 98% pilots signed new contract, ops to stabilise soon: Vistara CEO

Vistara ceo vinod kannan on saturday said the airline hopes to stabilise operations for this month by this weekend and that more than 98 per cent of pilots have signed the new contract. the full service carrier faced significant disruption in operation ear
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Wipro CEO Thierry Delaporte resigns; Srinivas Pallia named successor

Srinivas pallia, who was the ceo for the company's americas 1 area, will take over as the new ceo and managing director from april 7
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Cognizant defers annual salary hikes to Aug 1, says 'recognises hard work'

Nasdaq-listed information technology company employs some 250,000 people in india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

JSW Energy announces completing Rs 5,000 cr QIP to fund growth plans

The company, in a disclosure earlier, had said the proceeds would be used for investments in jsw neo energy, a subsidiary which holds green energy assets and repayment of certain borrowings
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Cognizant defers salary hikes by four months to August 1, says report

Cognizant said that the majority of its associates have seen four merit increases within 3 years, with the last cycle being april 1, 2023
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Indiabulls Real Estate to raise Rs 3,911 cr from Blackstone Group, others

Indiabulls real estate said its board has approved raising rs 3,911 crore through the issuance of shares and warrants to investors, including the blackstone group and embassy group. global investment firm blackstone will invest rs 1,235 crore, while the be
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

Indian pipe manufacturer Global Seamless to invest million in Louisiana

An india-based pipe manufacturing company has announced that it will invest usd 35 million to establish its first us production facility in northwest louisiana and expects to create hundreds of jobs in the region. howrah-based global seamless tubes & pipes
Tag: Company India    Source: business-standard.com   Dated: 2024-04-06

ZEE layoffs: CEO Punit Goenka to cut workforce by 15% in a bid to cut costs

Zee entertainment enterprises has proposed the implementation of a lean and streamlined management structure to the board
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

One-third of Air India's staff hired in last two years: CEO & MD Wilson

Vistara airline, which is a 51:49 joint venture of the tata group and singapore airlines, is in the process of being merged into air india
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Paytm parent approves grant of 91,250 stock options for eligible employees

Paytm parent company one97 communications on friday announced approval of grant of 91,250 stock options under esop 2019. the nomination and remuneration committee of the company's board has also approved allotment of fully paid-up 2,91,388 equity shares ha
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Adani Wilmar sees double-digit growth in edible oil sales on festive demand

The consumer goods maker said it bagged strong growth in both its edible oils and foods businesses, aided by strong demand during the festival of holi and ongoing wedding season
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Angel One garners Rs 1,500 cr via QIP to fund working capital requirements

Fintech player angel one on friday said it has raised rs 1,500 crore through the qualified institutional placement (qip) route to fund working capital requirements of the company. the issue, which was opened on march 26 and concluded on april 2, received a
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Iffco to buy 200,000 tonne ammonia produced using green energy from ACME

Cooperative fertiliser major iffco will buy from acme cleantech solutions about 2 lakh tonne of ammonia manufactured via renewable energy. in a statement on friday, iffco said it has signed a memorandum of understanding (mou) with renewable energy company
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Singapore's Xcelerate picks up strategic stake in governance firm Stirrup

The acquisition by xcelerate comes at a time when demand for esg-related advisory and communication services is on the rise following increased regulatory emphasis on esg disclosures
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Godrej Properties sells flats worth Rs 2,690 cr in new housing project

Realty firm godrej properties ltd (gpl) has sold flats worth rs 2,690 crore in its new housing project in mumbai. in a regulatory filing on friday, the company informed that it has sold inventory worth around rs 2,690 crores in its project 'godrej reserve'
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Johnson & Johnson to buy equipment maker Shockwave Medical for .5 bn

Under the deal, j&j would pay 5 per share in cash for the medical device maker. the offer price implies a 4.7% premium to shockwave's last close of 9.99 on thursday
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Big Tech cos in race to buy training data for artificial intelligence

Tech giants like google, meta and microsoft-backed openai initially used reams of data scraped from the internet for free to train generative ai models like chatgpt that can mimic human creativity
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Edtech major Byju's breached loan terms, small stake sale blocked: Report

Byju's was india's biggest startup until 2022 when it was valued at billion, but has seen its fortunes dwindle amid an auditor exit
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Bank of Maharashtra reports 16% credit growth in Q4 at Rs 2.03 trn

State-owned bank of maharashtra (bom) on friday said it has posted a credit growth of 16.31 per cent at rs 2.03 lakh crore for the march quarter. the outstanding credit was rs 1.75 lakh crore at the end of march 31, 2023, bom said in a regulatory filing. t
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Marico expects revenue growth in Q4 after three quarters of fall, shares up

Consumer goods makers have grappled with subdued sales in rural areas in recent quarters as people cut back spending on both essentials and discretionary items amid price pressures
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Air India pilots join Vistara crew in voicing concerns over fatigue, pay

The pilots said they're made to rack up maximum flying hours, face difficulties in having leave approved and deal with unstable rosters, according to the letter dated april 4
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Macrotech Q4 sales bookings up 40% at Rs 4,230 cr on strong housing demand

Realty firm macrotech developers ltd on friday reported a 40 per cent annual growth in its sales bookings to rs 4,230 crore in the fourth quarter of last fiscal driven by strong housing demand. its sales bookings stood at rs 3,030 crore in the year-ago per
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Google parent Alphabet weighs offer for bn valued firm HubSpot

The potential acquisition would be alphabet's largest ever and allow it to put some of its cash pile, which reached 0.9 billion at the end of december, to work
Tag: Company India    Source: business-standard.com   Dated: 2024-04-05

Byju's seeks arbitration with dissenting investor; NCLT adjourns case

The plea for arbitration is interesting, as this will mean that the case will be moved away from nclt's jurisdiction
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Hero MotoCorp receives Rs 605 crore tax demand notice from I-T dept

The country's largest two-wheeler maker hero motocorp on thursday said it has received demand notices from the income tax department for around rs 605 crore, including interest, for six assessment years. on april 3, 2024, the company received assessment or
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Tech consultant LTIMindtree partners with Aforza to setup training academy

Ltimindtree partners with aforza to setup training academy
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

GE Aerospace to invest Rs 240 cr to upgrade Pune manufacturing facility

Ge aerospace on thursday announced its plans to invest over rs 240 crore (around usd 30 million) to upgrade its manufacturing facility in pune. the investment will be used to add new projects and manufacturing processes in the facility by acquiring machine
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Akasa Air regains top spot in on-time performance chart in March

In march, the new airline maintained an average daily otp of 85.21 per cent. aix connect, which held the top position in february, recorded an otp of 85.07 per cent in march
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Hiranandani plans to invest Rs 3K cr, expects 25% residential biz growth

Hiranandani group is evaluating few projects under the joint venture or joint development agreement and aims to strategically extend its presence to regions with favourable conditions
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Poonawalla Fincorp's AUM surges 54% in Q4FY24, hits Rs 24,800 crore

'fy24 was the year of significant growth across all business parameters', said abhay bhutada, md, poonawalla fincorp
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

HDFC Bank's gross advances surge 55.4% to Rs 25.08 trn in Q4 FY24

The bank's domestic retail loans grew by around 108.9% over the year-ago period and rose by 3.7% over q3 fy24 figures
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Dabur flags sluggish demand in Q4, indicates slowing revenue; shares drop

Its shares fell 4.5 per cent after the news, and were on track for their worst day since may 2023. the stock was also the top drag on the fmcg index, which slipped 0.2 per cent
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

D-Mart's Q4 revenue from operation rises nearly 20% to Rs 12,393.46 cr

Avenue supermarts ltd, which owns and operates retail chain d-mart, has reported a 19.89 per cent increase in its standalone revenue from operations to rs 12,393.46 crore for the fourth quarter ended on march 31, 2024. the company had revenue from operatio
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Securitisation volume growth slows to 4% in FY24 on HDFC merger: ICRA

The overall securitisation volume growth slowed to 4 per cent in fy24 to rs 1.88 lakh crore due to the impact of the hdfc twins merger, domestic rating agency icra said on thursday. in fy23, the securitisation volume had grown by 33 per cent to rs 1.80 lak
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Anil Agarwal-led Vedanta Group to raise 0 mn through debt securities

The indian miner raised funds via non-convertible debentures thrice in fiscal year 2024, the latest being in december last year for 3,400 crore rupees
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

Amazon's 'just walk out' checkout tech was powered by 1,000 Indian workers

As many as 1,000 workers in india were required to review what the customers picked up, and ultimately walked out with from amazon's just walk out-enabled stores
Tag: Company India    Source: business-standard.com   Dated: 2024-04-04

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