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

EY employee's death prompts Big Four to relook work culture norms

EY employee's death prompts Big Four to relook work culture norms

The recent death of ey employee anna sebastian perayil, which led to a widespread discussion about work-life balance, prompts major firms to reform their work cultures amid allegations of exploitation
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

SpiceJet clears GST dues after raising Rs 3,000 crore through QIP

SpiceJet clears GST dues after raising Rs 3,000 crore through QIP

This comes shortly after spicjet settled all salary arrears for its employees, marking a series of positive developments for the airline
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

REPL Group gets registration for SM-REIT from Sebi, to launch IPO soon

REPL Group gets registration for SM-REIT from Sebi, to launch IPO soon

Rudrabhishek enterprises ltd (repl), which offers consultancy for integrated urban development and infrastructure, has received registration for small and medium real estate investment trusts (sm reits) from market regulator sebi. the approval is under the
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

Dell Technologies mandates in-office work five days a week for sales staff

Dell Technologies mandates in-office work five days a week for sales staff

Sales staff, especially field representatives, must now balance customer engagements and office duties with a five-day workweek, up from the previous three-day office requirement
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

Valuation dispute halts WeWork Inc's plan to exit India after CCI nod

Valuation dispute halts WeWork Inc's plan to exit India after CCI nod

The sale, which involved wework inc, affected by bankruptcy, and its local partner embassy group, was set to include a 13 per cent stake sale by embassy group in wework india
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

NBCC secures Rs 75 crore contract for IIIT Nagpur infra expansion

NBCC secures Rs 75 crore contract for IIIT Nagpur infra expansion

Nbcc (india) ltd has bagged a rs 75 crore contract to build additional infrastructure at indian institute of information technology, nagpur. the company said in a statement on thursday it has "secured a prestigious project for the construction and developm
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

Outdated fleet and seats, supply woes hinder Air India's turnaround

Outdated fleet and seats, supply woes hinder Air India's turnaround

Global shortages are hurting plans for most airlines, but the problem is more acute for air india
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

R-Infra to consider raising long-term capital in board meeting on October 1

R-Infra to consider raising long-term capital in board meeting on October 1

The company recently received rs 1,100 crore equity infusion from the promoters and another rs 1,910 crore from two mumbai-based investment firms
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

Top 5 private equity players invested billion in in first half of 2024

The pe major has invested over billion in the country through more than 30 deals, making it a force to reckon with. it has said it would invest around billion this year in india
Tag: Company India    Source: business-standard.com   Dated: 2024-09-27

Balmer Lawrie plans Rs 700 cr capex to diversify into ethanol production

Diversified psu balmer lawrie & co has planned a capital expenditure of rs 700 crore with the aim to achieve a revenue of rs 6,000 crore by 2030, a company official said on thursday. it plans to diversify into ethanol production, set up a free trade wareho
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

IDBI Bank launches OTS scheme for retail NPA borrowers to boost recovery

Outstanding principal of rs 2,300 crore in focus
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Tata Electronics, PSMC sign pact for Rs 91,000 cr chip manufacturing unit

Tata electronics on thursday said it has concluded an agreement with taiwan-based powerchip semiconductor manufacturing corporation, which will provide technology support for the dholera wafer fab of the indian tech major. as per the agreement, psmc will p
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Tata Play expands OTT reach to Philippines through tie-up with Cignal TV

Tata play's ott platform binge will now expand to philippines as the company has entered into partnership with the country's local media - cignal tv to launch the cignal super app
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Ola Electric plans 10,000 outlets by 2025, targeting smaller cities

Ola electric plans to open 10,000 sales and service outlets by 2025 - a move aimed at boosting its presence in smaller cities across india
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

NCLAT gives go-ahead to IECCL resolution, delinks with other IL&FS cos

The nclat on thursday gave a go-ahead to the insolvency resolution of il&fs engineering and construction company limited (ieccl) and delinked it with the other listed loss-making companies of debt-ridden il&fs. however, the national company law appellate t
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

SpiceJet clears salary dues days after raising Rs 3K crore through QIP

The domestic passenger market share of the airline had shrunk to just 2.3 per cent in august this year, as per the latest data released by the directorate general of civil aviation (dgca)
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

SpiceJet settles salary dues following successful Rs 3,000 crore QIP

Spicejet's financial woes have been compounded by its inability to secure additional funding, resulting in defaults on lease payments for its aircraft
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

SpiceJet clears pending salaries after Rs 3,000 crore capital infusion

Domestic carrier spicejet has cleared all pending salary dues of its employees after securing a fresh capital infusion of rs 3,000 crore, a source has said. the salaries for july and august for all employees, as well as the remaining june salaries for thos
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

German major XeedQ plans quantum tech centre in Telangana, Tamil Nadu

Quantum computing is the next-generation computing technology that is expected to revolutionise computer technology in terms of speed, capability, security, and more
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Star Health sues Telegram after hacker uses app chatbots to leak data

Star health has sued telegram and a hacker for leaking sensitive data via chatbots on the platform, which has recently been under increased scanner for its policies
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

CBI registers bank fraud case against promoters, directors of Cox and Kings

The cbi has registered a case of alleged rs 525-crore bank loan fraud against the promoters and directors of travel company cox and kings on the complaint of yes bank, officials said on thursday. the cbi has taken over the investigation from the mumbai pol
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Amazon is making its Local Shops program more robust this festive season

'local shops on amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Entod Pharma meets DCGI, issues clarification over eye drop 'claims'

Move comes after drug regulator had suspended nod granted to firm to manufacture, sell presvu eye drops
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Coal India arm BCCL books 2.40 million tonnes coking coal for steel sector

The government on thursday said 2.40 million tonnes (mt) of coking coal have been booked of the 3.36 mt offered by coal india arm bharat coking coal ltd (bccl) under auction mode for the steel sector for long-term linkages. coking coal is a key raw materia
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Indogulf files IPO with Sebi, aims to raise Rs 200 cr via fresh issue

Indogulf cropsciences ltd, a manufacturer of crop protection products, plant nutrients, and biologicals, has filed preliminary papers with capital markets regulator sebi to raise funds through an initial public offering (ipo). the delhi-based company's ipo
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Amazon great Indian festival sale starts for prime members; details here

Amazon great indian festival sale 2024 is now live for prime members. from exclusive deals on gadgets to more; prime members can enjoy early access to top discounts and offers
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Byju's insolvency case: SC reserves verdict on plea challenging NCLAT order

The supreme court on thursday reserved its verdict on a plea of a us firm against the nclat order stopping insolvency proceedings against ed-tech firm byju's. a bench headed by chief justice d y chandrachud asked the insolvency resolution professional (irp
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Anant Mukesh Ambani, BP CEO open Jio-bp's 500th EV-charging station

Anant mukesh ambani, director, reliance industries limited (ril) and murray auchincloss, ceo, bp, on thursday inaugurated the 500th jio-bp pulse ev-charging station of jio-bp. jio-bp is a fuels and mobility joint venture between ril and global energy giant
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Godrej Properties to consider raising funds via securities in Oct 1 meet

Realty firm godrej properties on thursday said its board will meet on october 1 to consider a proposal to raise funds through the issue of securities. the company did not disclose the amount it wants to raise. in a regulatory filing, godrej properties info
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Nita and Akash Ambani join Viacom18 board ahead of Star India merger

The move comes as viacom18 nears the final phase of its merger with disney's star india
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Hyundai India deserves valuation premium to Maruti, says Nomura note

Korean automaker's indian unit expanding market share and benefits from being part of larger hyundai motor company, it says
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Titan's SKINN to expand fragrance range; launches affordable product line

The skinn 24seven line offers variants including aqua, woody, floral, caramel, and amber. each fragrance is priced at rs 1,745 and comes in a 100-millilitre bottle
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

IBBI amends rules to enhance creditor representation in insolvency process

The ibbi has amended the insolvency resolution process for corporate persons norms to introduce significant changes to enhance creditor representation in the insolvency process. the board notified the insolvency and bankruptcy board of india (insolvency re
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Hindustan Copper plans to increase mine production capacity to 12.2 MTPA

State-owned hindustan copper ltd (hcl) is implementing expansion projects to increase mine production capacity to 12.2 million tonnes per annum (mtpa), its cmd ghanshyam sharma said on thursday. the move will boost domestic production of copper and reduce
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

HDFC sells nearly 7 million of home loans to reduce credit book

In june, hdfc also sold a 50 billion rupee loan portfolio. its credit-deposit ratio stood at 104% at the end of march, higher than the 85% to 88% rate in the previous three fiscal years
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Tata Electronics, PSMC complete tech transfer pact for Gujarat Fab unit

Tata electronics has already engaged two esteemed design firms from taiwan to create a top-tier fab that adheres to global standards of quality, safety, and sustainability
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

PM Modi meets Tata Sons, PSMC officials to discuss semiconductor projects

Prime minister narendra modi on thursday met top officials of tata sons and taiwan-based powerchip semiconductor manufacturing corporation, the two companies which are setting up semiconductor manufacturing projects at dholera in gujarat. leaders of the tw
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

State Bank of India brought down Kingfisher, Air India: JKC to SC

The first tranche payment of rs 350 crore was required to be made by march 21, 2022
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

IndiGo appoints Isidro Porqueras as COO, succeeding Wolfgang Prock-Schauer

Outgoing coo prock-schauer is retiring after leading the airline's operations for over seven years. he is one of the longest serving expats in indian aviation who has previously led operations in now
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Reliance Retail plans to sell H&M products online through AJIO platform

Reliance retail's fashion e-tailer ajio will now feature swedish fast fashion major h&m's products on its platform. both companies, in a joint statement on thursday, entered into a partnership to launch h&m's line of products on the ajio platform. "this pa
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Beetel Teletech to distribute US-based Cambium Networks' solutions in India

Technology service provider beetel teletech on thursday said it has partnered with nasdaq-listed cambium networks to distribute networking solutions in india. as part of this partnership, beetel will distribute cambium's comprehensive portfolio of advanced
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

BSES launches 'Tatkal' scheme for same-day temporary power connections

The bses has launched a 'tatkal' scheme for providing same-day temporary electricity connections ahead of the festival season to enhance the festivities and reduce pollution, it said on thursday. people can apply for new connections via the bses website, m
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Torrent Pharmaceuticals refutes claim of Shelcal 500 failing CDSCO test

Company claims sample tested was spurious and not manufactured by it
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Adani Green Energy signs 50-50 joint venture pact with TotalEnergies

Adani green energy ltd (agel) on thursday announced that it has completed signing a 50:50 joint venture (jv) with totalenergies, according to an exchange filing. as part of the jv, totalenergies has invested usd 444 million in its subsidiary to acquire a 5
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

No plans to list diagnostic arm Agilus Diagnostics: IHH Healthcare

Engaging with regulator on open offer for 26.1% stake in fortis
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Amazon leverages air, rail for faster festive deliveries across India

Amazon was the first e-commerce company to partner with indian railways in 2019
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Accenture raises FY25 revenue growth guidance to 3-6% despite FY24 miss

"we are hiring primarily in india," says julie sweet
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

IndiGrid unitholders approve move to raise Rs 695 cr via preferential issue

Infrastructure investment trust india grid trust on thursday said it has received unitholders approval to raise up to rs 695 crore through a preferential issue. during an extraordinary meeting held on thursday, the unitholders gave their go-ahead for "issu
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Thermax looks to double business in existing international markets

Thermax, bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

Biocon inks licensing, supply pact with Tabuk Pharmaceutical Manufacturing

Biocon ltd on thursday said it has signed a licensing and supply agreement with tabuk pharmaceutical manufacturing company to commercialise its 'glp-1' products for treating diabetes and chronic weight management in select countries of the middle east. und
Tag: Company India    Source: business-standard.com   Dated: 2024-09-26

State-owned Bank of India raises Rs 2,500 crore at 7.49% via tier-II bonds

The state-owned lender will raise rs 2,500 crore through additional tier-i bonds in q3
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Results from Biocon Biologics supports interchangeability of psoriasis cure

Two phase 3 studies have demonstrated that patients can safely switch between adalimumab, a well-known biologic therapy, and its biosimilar, adalimumab-fkjp
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Centre asks Tamil Nadu govt to resolve Samsung workers' strike: Report

Samsung has defended its wages, saying its workers at the tamil nadu plant are paid almost twice as much as employees in nearby companies
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Mt K Kapital raises over Rs 500 cr to invest in realty projects in Mumbai

Alternative investment fund mt k kapital on wednesday said it has raised over rs 500 crore to deploy in real estate projects in the mumbai metropolitan region (mmr). in a statement, mt k kapital said it has raised rs 500 crore for its maiden fund (mt. k re
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Flexible office space operators got 0 mn PE funding since 2017: Report

Flexible office space operators have received usd 820 million worth private equity funding since 2017 driven by rising demand from corporates, according to knight frank. in its report released on wednesday, real estate consultant knight frank india said th
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Reliance Power's subsidiary Rosa prepays Rs 850 cr debt to Varde Partners

The prepayment brings rosa power closer to achieving zero debt, following its parent company's debt-free status earlier this month
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

SBI aims to become first financial firm to cross Rs 1 trn profit: Chairman

State bank of india (sbi) is aiming to become the first indian financial firm to cross a milestone of rs 1 lakh crore net profit in the next 3-5 years, chairman of the country's largest lender c s setty has said. sbi recorded a standalone net profit of rs
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Say goodbye to spam calls: Airtel's AI solution alerts customers instantly

Airtel's new tool will provide real-time alerts for suspected spam calls and short messaging services (smss) at no extra cost
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

SMBs to launch over 9,500 products in Amazon's month-long festive sale

Ahead of its month-long festive season sale, amazon india on wednesday said more than 9,500 new products from small and medium businesses (smbs) will be showcased on the platform. the indian smbs, a part of amazon's seller programmes, include karigar, sahe
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

Zepto retains first place in LinkedIn's 2024 list of India's Top Startups

Quick commerce platform zepto, for the second consecutive year, has been ranked first in linkedin top startups india list 2024 -- an annual ranking of emerging companies where professionals want to work. the list draws insights from data based on actions o
Tag: Company India    Source: business-standard.com   Dated: 2024-09-25

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