Page 1406 - Company News

Byju's closes Rs 2,000-crore debt funding from Davidson Kempner Capital

This is part of $1 billion funding in a mix of equity and structured instruments

Weekend bites: Falling valuations, Go First, Adani, and laughing apps

In which we munch over the week's platter of news and views

Concerned about aircraft lease rates if NCLT order stands: Boeing

About 20 per cent of commercial planes operating in India have been manufactured by Boeing

Great Eastern Shipping net profit jumps nearly four-fold to Rs 721.94 cr

Total expenses during January-March increased to Rs 853.22 crore as compared with Rs 791.85 crore in the year-ago quarter

CCI asks Google to share policies on data sharing, in-app billing

Move based on complaints that tech giant failed to comply with directive on third-party billing

DGCA fines Air India Rs 30 lakh, suspends pilot for three months

'We acknowledge and accept the DGCA's ruling', said Air India

Lessors seek status quo on aircraft, NCLAT to hear matter on Monday

This means that nobody would be able to touch the aircraft for any work until a final order is passed by the Tribunal. The next hearing is on Monday

Tata Motors reports net profit of Rs 5,408 crore in Q4, revenue surges 35%

The company board has recommended a final dividend of Rs 2 per ordinary share

Global PE major KKR sells RE InvIT Virescent to IndiGrid for Rs 4,000 cr

The transaction will involve IndiGrid taking over all of VRET's 16 project special purpose vehicles, and Virescent will get delisted and dissolved, said executives

Five major e-commerce firms delist around 13,118 items from platforms

A total of 13,118 items have been delisted by these companies, Amazon delisted 8,095 alarm clips, Flipkart delisted around 5,000 clips and 21 clips were delisted by Meesho

DLF Q4 net profit jumps 41% YoY to Rs 570 crore; revenue down by 5.9%

The retail business also exhibited strong demand momentum and continues to operate at high occupancy levels

Manappuram posts 58% jump in profit on healthy gold loan business

The company's interest income jumped 23% to 17.14 billion rupees, while expenses rose a comparatively smaller 8.3%

Hero MotoCorp partners Motosport SA in Costa Rica for sales, services

Hero MotoCorp on Friday said it has roped in Motosport SA as a partner in Costa Rica.

Colgate-Palmolive beats Q4 profit estimates helped by price hikes

Colgate-Palmolive (India) Ltd's fourth-quarter profit fell less than expected, helped by price hikes implemented to combat surging costs

Tata Motors expects JLR's cash flow to quadruple to $2.50 bn this fiscal

India's Tata Motors Ltd expects its luxury car group, JLR free cash flow to nearly quadruple to top $2.50 billion this fiscal, and the automaker also declared its first dividend in nearly seven years

DGCA slaps Rs 30 lakh fine, suspends AI pilot for letting friend in cockpit

Additionally, the co-pilot has been cautioned for not being assertive enough to prevent the unauthorized entry

Bandhan Group, IIFL in race to acquire Aegon Life Insurance: Officials

Acquisition could mark Bandhan Group, IIFL's entry into insurance sector

Britannia forecasts around 3% input cost inflation for FY24: MD Berry

Britannia Industries Ltd, India's largest biscuit maker, has forecast low single-digit input cost inflation for the current fiscal year

New launches, exports pick up to drive volume gains for Eicher Motors

Margin expansion is expected to continue on strong volumes, improving mix, say analysts

Tata Steel Mining signs MoU with BPCL to get LNG for Odisha plant

In an attempt to secure long-term supply of liquified natural gas for its ferroalloys plant located in Odisha's Jajpur, TSML has signed a memorandum of understanding with BPCL