Page 1270 - Company News

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

India's Cyient posts Q1 profit jump but misses estimates as costs rise

Cyient Ltd reported a 45% rise in quarterly profit that just missed analysts' estimates as rising expenses at the engineering and IT services company offset strong order pipeline

India suspends another drugmaker's licence over tainted cough syrup

India has suspended a drugmaker's manufacturing licence after the World Health Organization flagged contamination in its cough syrups found in the Mashall Islands and Micronesia in April

Auxilo Finserve raises Rs 470 cr; to expand loan base, product offerings

The company stated that it has funded over 7,500 students across over 900 universities in over 25 countries

Tata Motors to cancel 'A' ordinary shares in latest securities rejig

The company will issue seven ordinary shares for every 10 'A' ordinary shares, implying a 23% premium on the previous day's closing level of 'A' ordinary shares, Tata Motors said

Airtel becomes first ICT provider to link over 20 million IoT devices

Airtel's aggressive push in IoT has come at a time when rival Vodafone Idea (Vi) has doubled down the segment

Dixon Technologies Q1 net profit increases by 48% to Rs 67.19 crore

Dixon Technologies (India) Ltd on Tuesday reported a 47.89 per cent rise in consolidated net profit to Rs 67.19 crore for the June quarter

FMCG firm Jyothy Labs logs net profit jump to Rs 96.25 cr in June quarter

FMCG firm Jyothy Labs Ltd on Tuesday reported an over two-fold increase in its consolidated net profit at Rs 96.25 crore in the June quarter, led by stable demand and moderation in input costs

TVS Supply Chain Solutions obtains approval from Sebi to launch its IPO

TVS Supply Chain plans raise Rs 750 crore in fresh capital through the IPO

Pixxel wins grant to develop miniaturised multi-payload satellites for IAF

Pixxel has solidified its position as a leading innovator in the space tech sector, building and launching made in India and the world's highest-resolution commercial hyperspectral imaging satellites