Page 1417 - Company News

ED searches Deloitte, BSR offices in IL&FS money laundering probe

According to ED, statutory audit of IFIN has been made by Deloitte Haskins & Sells LLP between FY09 and FY18 and by BSR & Associates for FY18

Sanofi consumer brands get a shot in the arm on demerger decision

Sanofi Consumer Healthcare India is expected to be listed on both the BSE and NSE, the company said in an exchange notification

After life in unicorn-decacorn club, start-ups stare at down rounds

This year, start-ups have collectively raised around $4.1 billion so far

Larsen & Toubro reports 10% surge in Q4 net profit to Rs 3,987 crore

The company reported a 10 per cent year-on-year rise in revenues of Rs 58,335 crore

TransIndia Realty & Logistics Parks to sell crane biz for Rs 121 crore

TransIndia Realty & Logistics Parks on Wednesday announced that it has signed a pact with Premier Heavy Lift Pvt Ltd for selling its crane business to the latter for Rs 121 crore

Dr Reddy's Laboratories Q4 PAT grows nine-fold riding on US, India biz

For the full year 2022-23, DRL's revenues were up 15 percent to Rs 24,587.9 crore while the PAT grew by 91 percent to Rs 4,506.7 crore

JSW Infrastructure files DRHP with Sebi, plans to raise Rs 2,800-cr via IPO

Firm plans to retire debt, fund port projects through the public offer's proceeds

FAME II scheme: Hero Electric, Okinawa Scooters claim 'no violation'

Hero Electric, on the other hand, said that their case was being settled in a manner similar to that of Ola, Ather, TVS, and other companies

Thermal power firms may transition to green energy faster than anticipated

State-owned NTPC is by far the largest to make the transition, but Tata Power and even Adani Power, despite the noises surrounding its coal business, are on the same trajectory

Cisco to start manufacturing in India, eyes $1 billion production capacity

Cisco currently has some 15,000 employees in India with a presence in Bengaluru and two other locations. India serves as the second largest R&D center for Cisco next to the USA

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

RIL, ONGC, SBI among key firms that are yet to declare final dividend for FY23

Change in control of HDFC AMC got final Sebi approval: HDFC Bank

This approval will help pave the way for the merger of HDFC into HDFC Bank, expected to be finalised by the third quarter of the next financial year

Dr Reddy's Labs Q4 result: PAT up 9 times, div declared at Rs 40 per share

Its revenue from operations stood at Rs 5,843 crore in Q4 FY23, up 15.28% YoY as compared to Rs 5,068.4 crore in Q4FY22

Distribution and logistics platform Ripplr raises $40mn to expand footprint

Tech distribution and logistics platform Ripplr on Wednesday said it has raised $40 mn in a Series B round led by Fireside Ventures

L&T Infra's non-Executive Chairman A M Naik has decided to step down

Infrastructure major Larsen & Toubro on Wednesday announced that its Non-Executive Chairman A M Naik has decided to step down from the post

Mirae Asset inks pact with FundsIndia to give loan against securities

Mirae Asset Financial Services on Wednesday said it has inked a pact with FundsIndia to provide loans against securities

Exploring M&A opportunities in overseas markets; plan to launch IPO: Vinsys

IT services company Vinsys said it is exploring acquisition opportunities in overseas markets, including the US and the UK, to expand its global reach

With bankruptcy protection, can Go Airlines return to the air in two weeks

Getting bankruptcy protection, can the Wadia group's low cost carrier Go Airlines Ltd send its fleet back into the air in two weeks -- as it said earlier -- is the question that needs to be answered

Microsoft invests in India's Builder.ai, marking another tie-up for AI

Indian company helps clients make apps without any coding experience

Dhanuka looks to invest in startups; urges crackdown on fake pesticides

Agro-chemical firm Dhanuka Agritech on Wednesday said it has made investments in two startups so far and is open to invest in more such companies to support young entrepreneurs in agriculture sector