Page 1258 - Company News

Byju's 'regularly disregarded' advice on key matters, says Prosus

Dutch-listed firm breaks silence on its director's exit, says he was unable to fulfil his fiduciary duty

Ethanol distilleries rework output plans as FCI halts rice supply

Gulshan Polyols informed the stock exchange that production at its 500 kiloliters per day grain-based ethanol manufacturing plant in Chhindwara district of MP would be disrupted for a few days

Walmart shares seen gaining 30% in next year after $100 bn rally: Report

Walmart is expected to report fiscal second-quarter results before the market opens August 17

HCLTech announces launch of its global delivery center in Morocco

The launch follows the signing of a MoU between HCLTech and the Government of Morocco in 2022 to invest in the country's technology sector

CEAT Q1 net profit increases 15-fold on dip in raw material prices

During the Q1 of FY24, the company's total income was also seen up by 4 per cent to Rs 2,938 crore against Rs 2,821 crore during the Q1 of FY23

Supreme Court gives SpiceJet more time to pay dues to Credit Suisse

In 2011, the airline company had entered into a 10-year contract with a Swiss maintenance firm SRT Technics for the servicing of its aircraft

Tata Motors to convert differential voting rights into ordinary shares

The market value of outstanding Tata Motors DVR is nearly Rs 19,000 crore, while the market value of ordinary shares is Rs 2.12 trillion

India growth is competitive in dynamic market, says Unilever CFO

In the Q1FY24 results announced last week, HUL reported a volume growth of 3 per cent

IRCTC website, mobile app down for hours due to technical reasons; restored

Several people faced problems in booking tickets since morning. Some people also complained they faced issues while booking tickets through the IRCTC's ticketing partners

Tata Steel expects lower steel prices in July-September quarter: CEO

The company, backed by India's Tata Group, sees Indian steel industry prices in line with prices globally and not impacted by aggressive imports, Narendran said

Harley, Triumph give a rough ride for Royal Enfield on Google searches

According to the report, the search data for HD X440 and Triumph 400 indicate a very strong start for these aspirational brands

Mondelez India to expand its manufacturing plant in Andhra Pradesh

Snack company Mondelez India is expanding its manufacturing plant's capacity at Sri City in Tirupati district and Andhra CM Y S Jagan Mohan Reddy virtually took part in the ceremony

Mahindra Holidays looks to take on titans with new resort venture

Plans to launch a new resort brand to tap into the growing number of travellers in the country

SpiceJet aircraft's engine catches fire during maintenance at Delhi airport

An official at the airport said that around 8 pm, the fire was reported in one of the engines of the grounded aircraft, and later the fire was extinguished

Walmart, Flipkart join hands with Telangana govt to upskill, support MSMEs

Walmart and Flipkart on Tuesday announced the signing of a Memorandum of Understanding (MoU) with Telangana government to create an ecosystem to aid capacity building for MSMEs in the state.

Expect sales to rise 25% in FY24 to nearly Rs 1,200 crore, says Aequs

The company supplies components for landing gear, engines, fuselage, and wings to top aerospace companies such as Airbus, Boeing, Safran, and Collins Aerospace

KPIT Technologies reports 53% jump in Q1 net profit to Rs 134 crore

Auto industry-focused KPIT Technologies on Tuesday reported a 53.36 per cent jump in net profit to Rs 134.44 crore in the June quarter, helped by higher revenue from operations

Adani shares jump, adds Rs 50,501 cr in market capitalisation in 1 day

Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday

Delta Corp posts 19% higher profit on sustained casino gaming demand

Revenue from its mainstay casino gaming division rose about 11%, helping net sales climb nearly 9% to 2.73 billion rupees

Teleperformance aims to hire 60,000 people in India in the next 2 years

This expansion would take the total employee strength to 150,000 from about 90,000 employees in India as of today