Page 1229 - Company News

Jupiter Hospitals raises Rs 123 cr in pre -IPO round; gets Sebi's nod

In addition, the company has received capital markets regulator Sebi's go-ahead to raise funds through its IPO

Life Insurance Corp picks up 6.66% stake in Jio Financial Services

The cost of the acquisition was 4.68 per cent of the pre-demerged cost of Reliance Industries Ltd

LIC acquires 6.66% stake in Jio Financial Services through demerger process

The LIC further said that the cost of acquisition of Jio Financial Services is 4.68 per cent of the pre-demerged cost of Reliance Industries

Honda to hike City, Amaze prices from Sept to offset impact of input costs

The automaker currently sells two models -- City and Amaze in the domestic market

Cap goods companies hit 'generation-gap' speed bump with skilled labour

Big firms lament the challenges of sourcing skilled labour for project sites, forcing them to incentivise

Real estate platform NoBroker aims Rs 1,000 cr revenue in FY24: Co-founder

"We have been doubling our topline since 2020 when we grossed USD 27 million. We do not disclose revenue numbers before filing to the corporate affairs ministry, which we do every second year

Exide Energy to double up its production capacity, seeks additional land

The company leadership team led by Managing Director and CEO Mandar V. Deo met large and medium industries minister MB Patil on Monday and submitted a proposal in this regard

Time to shut down production of ICE scooters: Ola Electric CEO Bhavish

Aggarwal believes that Ola's new range of electric two-wheelers could bring most customers into the EV fold

Jio Financial makes tepid market debut; shares hit 5% lower circuit

Chairman Kamath says to have late-mover advantage

India Inc plans to press the pedal on capital expenditure: CEO poll

59% expect markets to remain buoyant; rising prices a worry for 27%

BoB withdraws Sunny Deol's villa auction notice, cites technical reasons

Reversal in decision comes within a day of the initial auction notice for the actor's Juhu property

Fresh formal job creation touches 9 month high in June, shows EPFO data

The monthly data released by the EPFO is part of the government's ongoing effort to monitor formal-sector employment using payrolls as a metric

Wipro appoints Brijesh Singh as global head of artificial intelligence

Singh's appointment follows Wipro's $1 billion investment in AI and the launch of Wipro ai360

Paytm investing in Al to make artificial general intelligence software: CEO

India can expect 500 million payment consumers and 100 million merchants "not very far in future", Sharma said

Casagrand to invest Rs 8,000 cr to develop projects in Maha over next 3 yrs

The company said it plans to develop 20 million square feet in Mumbai and Pune as part of its expansion plan

Titan set to buy out Esops of CaratLane staffers for Rs 350 crore

This would take Titan's ownership in the company to 100%

Adani-led promoter group hikes stake in flagship firm AEL to 69.87%

Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing

Welspun Enterprises buys 50% stake in Michigan Engineers for Rs 137 cr

The acquisition aligns with WEL's strategy to expand its water infrastructure business and marks the company's entry into a high-margin and high-growth water and tunnelling solutions segment

Paytm investing to build AI software stack: Vijay Shekhar Sharma

Sharma also mentioned that Paytm has successfully established a model over the past two years for distributing small digital loans through payment relationships with both consumers and merchants

NFRA slaps Rs 1.10 cr fine on 3 entities in Coffee Day Enterprises matter

The case pertains to the diversion of funds worth Rs 3,535 crore from seven subsidiary companies of Coffee Day Enterprises Ltd (CDEL), a listed company, to Mysore Amalgamated Coffee Estate Ltd (MACEL)