Page 1086 - Company News

Global demand headwinds could weigh on Bharat Forge, says analysts

Analysts revise EPS estimates; valuations hovering at long-term averages, limiting upsides

Kerala's Technopark records software exports worth Rs 11,630 cr for FY23

Kerala's pioneer IT hub Technopark here has reported a remarkable surge in software export revenue for the financial year 2022-23.

Titagarh Rail plans to raise up to Rs 700 cr via QIP, seeks JV partner

Its board approved the QIP plan at its meeting and also constituted a committee for scouting a partner for the Shipbuilding, Bridges and Defence (SBD) business

Hindustan Petroleum to stop buying diesel from other companies next year

Together with capacity addition, the company has forayed into new areas like petrochemicals, natural gas and biofuels business "to provide stability to our balance sheet", he said

Citigroup discriminated against Armenian-Americans, says federal regulator

Citi, based in New York, said a few employees took action while attempting to thwart a well-documented Armenian fraud ring operating in certain parts of California

Ultraviolette Automotive forays into Europe with focus on five nations

The bike is set to be priced between 9,000 to 11,000 euro in Europe, subject to federal/state government incentives and taxes

Reliance Retail's first standalone 'Swadesh' store opens in Hyderabad

Swadesh highlights the spirit of Make in India' and offers respect and sustenance to our skilled craftsmen and craftswomen

GMR Airports to raise upto Rs 50 bn through debentures to retire old debt

In talks to tie-up funding for airport in Andhra Pradesh

GoMechanic raises Rs 50 crore from marquee investor, existing shareholders

"We are committed to build a brand that a consumer can trust for their car repairs and services. Our aim is to serve 1 in 10 after-market cars in next 3 years," Arora said

Indian exporters on Amazon Global Selling gear up for holiday season

Indian businesses exporting through the Amazon Global Selling program are on track to surpass $8 billion in cumulative exports by the end of 2023

Amfi announces appointment of Venkat Nageswar Chalasani as new CE

Prior to this role, Chalasani served as the Deputy Managing Director (DMD) at the State Bank of India (SBI), where he spent almost four decades

Alpex Solar eyes over two-fold growth in revenues by FY26: MD Sehgal

The company had clocked in a revenue of Rs 180 crore in preceding FY 2022-23

May write off remaining unsold Yeezy shoes after breakup with Ye: Adidas

CEO Bjorn Gulden, who took over after the Yeezy breakup, is leading an effort to recover from the loss of the profitable Yeezy business

Eris to buy derma, nephro units of Biocon Biologics for Rs 366 cr

The agreement is for more than 20 brands that earned Rs 90 crore as revenue in FY23 and have a run rate of around Rs 100 crore

NCLAT adjourns hearing on IDBI's insolvency plea against Zee to Dec 6

In its order, the NCLT bench had said that ZEEL, which was the corporate guarantor for the loan availed by Siti Networks -- the principal borrower of IDBI Bank -- has committed a default

Amazon slashes subscription fee for exporters by 99% to $1 for 1st 3 months

"To enable more businesses to leverage e-commerce exports and sell globally during the upcoming holiday season, Amazon has slashed the subscription fee for Indian exporters"

Infosys, AWS join hands to help financial clients accelerate cloud adoption

As part of the collaboration, Infosys and AWS aim to support financial organisations, like retail banking at NatWest Group, in accelerating their cloud adoption journeys

General Motors' autonomous vehicle unit recalls cars for software update

Cruise says in documents that it already has updated software in test vehicles that are being supervised by human safety drivers

Indian insurers to lead bids for Reliance's mega bond issue: Experts

The billionaire Mukesh Ambani-led company aims to raise up to 200 billion rupees ($2.40 billion) via 10-year bonds on Thursday, its first such fundraise since May 2020.

Aim to digitise 65,000 cooperative societies by March 2024: Nabard Chairman

"Close to 10,000 cooperative societies have already been digitised. We are targeting 65,000 societies to be digitised by March 2024," he said