Page 1281 - Company News

Sterling and Wilson Renewable Energy loss narrows to Rs 95 cr in June qtr

Total expenses of the company came down to Rs 617.68 crore during the quarter from Rs 1,568.92 crore a year ago

Pact inked to connect ONGC's natural gas fields with North East Gas Grid

IGGL is laying a 1,656 km long natural gas pipeline connecting the capital cities and the demand centres of all the eight north eastern states

Exxon Mobil Corp to buy Denbury in $4.9 bn all-stock transaction deal

Under the terms of the deal, Denbury shareholders will get 0.84 Exxon shares for each Denbury share they hold

Patanjali Foods' OFS oversubscribed 1.8x; firm rules out greenshoe option

"We wish to intimate the exchanges of our intention not to exercise the oversubscription option." Patanjali Foods said

Dukaan's chatbot Lina is prompt and efficient but needs human help

The chatbot is being trained to respond to more technical queries in customer, product and inventory analytics

Q1 preview: US drug shortage, stable pricing set to boost pharma revenues

Hospitals are, however, likely to report lower occupancy rates, and diagnostics companies may witness an impact from delayed monsoon

Adani raises Rs 1,250 cr through first bond sale since Hindenburg report

Adani Enterprises had last raised funds via a primary placement of bonds in September last year at an 8.40 per cent yield for 17 months

Kolte-Patil Developers Q1 sales bookings increase 58% to Rs 701 crore

Kolte-Patil has developed and constructed over 58 projects, including residential complexes, integrated townships, commercial complexes

Google Pay rolls out UPI LITE feature for faster, low-value transactions

Users can download the Google Pay app from the Play Store or App Store

SpiceJet shares trim most of early gains, settles nearly 1% higher

The budget carrier, which is facing multiple headwinds, including disputes with aircraft lessors, has been looking to raise funds

TCS shares climb 3% post-earnings announcement, mcap jumps Rs 29,437 cr

The company's market valuation jumped Rs 29,437.08 crore to Rs 12,22,361 crore in tandem with rally in the stock

Tesla battery supplier Panasonic in talks to set up plant in India

The carmaker has asked its other battery suppliers also to initiate talks for hubs

Delta Air forecasts stronger earnings on post-pandemic travel boom

Shares of other airlines also followed Delta's gains, with American Airlines, United Airlines and Southwest Airlines all up about 1.8% before the bell

Utkarsh SFB IPO 15.3x on day 2; Netweb IPO price band Rs 475-500 per share

Netweb Technologies India, a high-end computing solutions provider, has set Rs 475-500 as the price band for its maiden share sale

LTI Mindtree replaces HDFC in benchmark Nifty; JSW Steel added to Sensex

Analysts said going ahead LTIMindtree and JSW might benefit as both the indices are popular benchmarks for ETFs

OYO launches 'Spotless Stay' programme; to conduct hotel audits for upkeep

The property owners will be asked to conduct an overhaul and thorough deep cleaning, including replacement of upholstery, linen, sheets, and pillow covers," OYO stated

Weak demand for SBI perpetual bonds as investors seek higher returns

Questions around the viability and pricing of perpetual bonds resurfaced after similar securities were written off as part of the rescue of Credit Suisse in March

Man Infra bags Rs 680-cr contract from JNPT vendor PSA International

Publicly-traded Man lnfra has zero debt and had Rs 1,890 crore in revenue from which it earned a net profit of Rs 258.6 crore in FY23

Razorpay launches operations in Malaysia market with payment gateway

Service simplifies payment collection, automates payouts, helps businesses to control cash flows

New tech not IT-driven... long-term tech spend intact: TCS CEO & MD

'We have not seen too many large deals compared to last quarter. But some of them will be large'