Company News

PwC survey: India CEOs focus on hiring, threat of tech disruption

The survey polled more than 4,700 CEOs across 109 countries, including more than 75 from India

Paytm to focus on merchant services in overseas foray as part of expansion

Paytm is looking for a foray into international markets and has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi Arabia and Singapore

Plutus, Axana to buy another 26% in Nazara Technologies via open offer

With the transaction, the promoter holding of the company will change, with Sacheti and Plutus Wealth Management becoming the main promoters

PharmEasy founders step back to launch new venture in consumer space

Siddharth Shah, chief executive officer (CEO) and managing director (MD) of PharmEasy has also invested in the new venture in his personal capacity

Sebi approves 6 IPOs; Kalyan Jewellers shares jump; Laxmi Dental gains 30%

Carlyle-backed Hexaware Technologies plans to raise Rs 9,950 crore through a pure offer for sale (OFS), with shares being sold by CA Magnum Holdings

Billionaire Lodha brothers clash over brand rights, Bombay HC to hear case

The HC is scheduled to hear the matter on Tuesday, according to court filings

TVS launches King EV MAX electric three-wheeler, targets pan-India rollout

Priced at Rs 2,95,000 (ex-showroom), TVS King EV MAX will be available at select dealerships in the initial phase

Oberoi Realty Q3 FY25 results: Net profit rises 71% to Rs 618.38 cr

The company posted a net profit of Rs 618.38 crore

SC upholds Rs 1,600 crore tax refund for Vodafone Idea, dismisses SLP

The court dismissed the SLP on grounds of delay, refusing to condone the same

Bajaj Finance, Airtel collab to launch digital financial services platform

NBFC gains access to Airtel's customer database and transaction history

Hitachi Energy India to seek shareholders' nod to raise Rs 4,200 crore

As per the notice, it will seek approval to raise up to Rs 4,200 crore by way of public or private offering, including a qualified institutions placement (QIP)

RBI eases norms for ARCs, streamlines borrower dues settlement process

The revised norms mandated that the committee should be chaired by an independent director and have a minimum two independent directors, including the chair

CCI reviewing feedback on amendments to penalty recovery regulations

"The proposed amendments aim to strengthen the regulatory framework governing the recovery of monetary penalties, enhancing procedural clarity and efficiency," said CCI chairperson Ravneet Kaur

French firm Roquette seeks CCI's clearance for IFF Pharma's biz acquisition

Roquette Frres S.A. is a family-owned French firm active in the production and sale of plant-based ingredients, excipients, and plant proteins for various applications

L&T Finance Q3 result: PAT down 2% to Rs 626 cr on rise in impairment costs

Its Net Interest Margin + Fees & Other Income stood at 10.33 per cent for Q3Fy25 down from 10.93 per cent in Q3Fy24, according to Analysts presentation

OMEGA unveils Speedmaster Moonphase Meteorite watch, honouring Apollo 11

Each dial features a unique meteorite pattern, with ribbon-like flecks formed over millions of years

PNC gets NHAI nod to transfer two more road assets to KKR-backed HIT

Approval is part of the Rs 9,000-crore deal between PNC Infratech and HIT

Ola offers digital, green mobility experience for visitors at Maha Kumbh

Ola Founder Bhavish Aggarwal said Maha Kumbh 2025 is a reflection of India's rich traditions and aspirations for a tech-driven future

JSW Energy challenges CERC order rejecting BESS project tariff discovery

Earlier this month, CERC rejected the tariff discovered in the first-ever grid-scale BESS project awarded to JSW Energy by the Solar Energy Corporation of India (SECI)

Karur Vysya Bank Q3 results: Net profit grows 20.39% to Rs 496 crore

The bank's net interest income (NII) increased by 7.79 per cent to Rs 1,079 crore compared to Rs 1,001 crore in the same period last year