Page 1318 - Company News

523 HDFC branches to become HDFC Bank's in phases, take total to 8,344

32 committees; 6 months, 6 leaders ensured smooth integration

Addverb eyes Rs 8,000 cr revenue; to invest Rs 500 cr in manufacturing

Reliance Retail-owned robotics firm Addverb expects to cross Rs 8,000-crore revenue mark in five years, with scaling up of manufacturing operations and diversifying target market base

Merged HDFC Bank set to push Reliance off its perch as top weight

Both RIL's and TCS' free-float m-caps are lower compared to HDFC Bank's

TMB failed to file details of Rs 3,610 cr deals due to tech glitch: sources

The bank has now submitted all the required documents, may not invite any penalty

GQG Partners ups stake in two Adani cos to above 5%, shows confidence

The stake sale in Adani Enterprise was through one block deal, where GQG bought 1.79 crore, or 1.58 per cent, more shares to take its holding to 6.15 crore shares or 5.4 per cent of the total

Lenders may move NCLT on Reliance Naval & Engineering debt resolution

In talks with Hazel Mercantile to extend the deadline of payment

HP bets big on gaming, SMB deals in India amid PC market headwinds

HP, with a market share of 33.8% in India has maintained its top spot in the PC market since 2016

Domestic automakers accelerate employment of women in shop floors

Tata Motors has over 4,500 women working in the shop floors across six manufacturing plants, including an all-women line at its Pune facility with over 1,500 of them producing popular SUVs

Welspun India to see over two-fold rise in domestic business by 2026

During the last financial year, the company's income dipped by around 12 per cent to Rs 8,215 crore from Rs 9,377 crore in 2021-22

Ajanta Pharma looks to expand ops in high-growth Asian, African geographies

In its Annual Report for 2022-23, the Mumbai-based drug maker stated that it intends to rely on its strengths to grow faster in countries where it has a presence with its range of branded generics

TVS expects growth momentum to continue this fiscal, economy likely to grow

According to the company, the premium bikes and scooter segment is likely to grow on the back of a rise in overseas shipments and higher penetration of electric two-wheelers this fiscal

Merger raises HDFC Bank's total business to over Rs 41 trn in FY23

The total business (deposit and advances) of State Bank of India (SBI) stood at Rs 70.30 lakh crore at the end of March 31, 2023

IREDA posts 36% YoY growth in loan sanctions at Rs 32,586 cr: CMD PK Das

The company has also posted a 34.65 per cent year-on-year rise in loan disbursement at Rs 21,639.21 crore during FY23, Das said in his address to the company's shareholders

UltraTech Cement Q1 consolidated sales increased by 19.64% to 29.96 MT

The company produced 25.04 MT of cement in the April-June quarter a year ago, Aditya Birla Group firm said in a regulatory filing

State-owned NMDC iron ore output grows 20% 10.70 MT in April-June

Sales rose to 11.15 MT from 7.66 MT in the year-ago period, registering a 45 per cent rise

Siemens acquires Mass-Tech Controls Private's EV division for Rs 38 cr

Siemens is a technology company focused on industry, infrastructure, transport as well as transmission and generation of electrical power

Aim is to create one HDFC Bank in every four years: CEO Sashi Jagdishan

The bank will set up a grievance committee to hear the concerns of anyone who wishes to air their woes

PNB partners with Amul to support dealership network under MUDRA scheme

A memorandum of understanding to this effect was signed between PNB and GCMMFL (Amul) on July 1, the bank said in a statement

Honda Cars' domestic wholesales declines by 35% to 5,080 units in June

The automaker sold 7,834 units in the domestic market in June 2022

Royal Enfield total sales increases by 26% to 77,109 units in June

Domestic sales rose 34 per cent to 67,495 units compared to 50,265 units in the year-ago period, the bike maker said in a statement