Page 110 - Company News

KPIT Q2 profit falls 17% to ₹169 crore on JV losses, revenue up 8%

KPIT Technologies' quarterly profit fell 17% due to joint venture losses, but revenue rose 8% on strong growth in connected and autonomous vehicle segments and improving demand in Europe

Glenmark gets China approval for Ryaltris nasal spray for allergies

Glenmark's Ryaltris nasal spray, already approved in the US, EU and other markets, has now secured China's NMPA approval, strengthening its global respiratory portfolio

JK Tyre plans to invest ₹5,000 cr in 6 years to boost production capacity

The ongoing investment cycle, which commenced around 4 years ago, is expected to end next quarter

Glenmark's Ryaltris nasal spray gets China approval for allergic rhinitis

Glenmark Pharmaceuticals Ltd on Monday said its arm Glenmark Specialty SA has received approval from China's National Medical Products Administration for the nasal spray RYALTRIS

IPO-bound Wakefit in expansion mode; plans to open 117 new stores by FY28

The Bengaluru-based company launched its first store in March 2022 in Lucknow and expanded to 98 stores by December 31, 2024

Razorpay hires Google veteran Rambadran to lead engineering, AI innovation

Fintech major Razorpay has appointed Google Cloud's Prabu Rambadran as senior vice president of engineering to lead AI-first innovation, product growth, and global technology expansion

GHCL partners with AuthBridge to strengthen supplier ESG compliance

"Listed companies increasingly need scalable, tech-enabled solutions to manage supplier compliance," AuthBridge Founder and CEO Ajay Trehan said

Sharad Malhotra to become 1st Indian MD of Nippon Paint India from Dec 2025

Malhotra will continue to spearhead Nippon Paint's global foray into the automotive aftermarket business, a category that he has led since inception

Rossell Techsys' Board to raise ₹300 crore via QIP, other instruments

The capital will be raised through the issuance and allotment of fully paid-up equity shares and/or other eligible securities, including through a QIP, in accordance with applicable law

Private lender IndusInd Bank appoints Amitabh Kumar Singh as new CHRO

IndusInd Bank has appointed Amitabh Kumar Singh, a former ICICI Group executive, as its Chief Human Resources Officer, effective November 10, as part of its leadership expansion drive

Paytm unveils all-new app with AI features to enhance payment experience

The update introduces a cleaner user interface alongside over 15 new features that seek to make payments faster and smarter for customers across the country

Novo Nordisk, Emcure Pharma to launch weight-loss drug under new brand

The deal will help expand the availability and marketing of this weight-loss medicine, especially in areas where Novo Nordisk's reach is limited

Haldiram's eyes this US sandwich brand to take on Subway, Tim Hortons

Haldiram Group is in talks with US-based Inspire Brands to launch the Jimmy John's sandwich chain in India, marking its entry into the western-style QSR space to compete with global brands

India's rising quick-delivery price war hits Eternal, Swiggy shares

The heated discount war is raising concerns that profitability for India's delivery firms may remain under pressure after second-quarter earnings missed estimates

Ola Electric rebuts South Korea's LG Energy Solution tech leak claims

Ola Electric has rejected reports linking it to a South Korean probe into alleged battery technology leaks from LG Energy Solution, saying it is focused on its own 4680 Bharat Cell, now in commercial

Germany to purchase 20 more Airbus helicopters in €1 billion defence deal

The funding commitment, first reported by Bloomberg, is contained in a finance ministry paper to be presented to parliament, seen by Reuters on Sunday

Ola Electric blames foreign rival for attacking its indigenous battery tech

Reports from South Korea alleged that an unnamed former LG Energy Solution executive attempted to pass on pouch cell technology IPs to Ola Electric

5C Network ties up with German firm to expand AI-led radiology in Europe

Under the agreement, 5C Network and GMIC Cyprus will work together on research initiatives, pilot deployments, and clinical validation studies in Cyprus

Adani may pip Vedanta to emerge highest bidder for Jaiprakash Associates

According to sources, the committee of creditors (CoC) of JAL met last week to deliberate on these comprehensive resolution plans and evaluate them for feasibility and viability

China grants exemptions to export curbs on Nexperia chips for civilian use

China's commerce ministry has repeatedly said it was protecting global chip supply chains while the Netherlands was failing to take action to resolve the dispute