Page 1427 - Company News

Piramal Enterprises posts Q4 loss of Rs 196 cr on MTM hit of Rs 375 cr

Jairam Sridharan is the Managing Director, Piramal Capital & Housing Finance (PCHFL) told media that the loss on Shriram Investments has partly gone away after March 31, 2023

Homegrown edtech startup Teachmint lays off over 70 employees: Report

Led by edtech startups, over 25,000 employees have been laid off by nearly 100 startups in India including BYJU'S, Unacademy and Vedantu

India Grid Trust to consider raising of debt through various sources

The outcome of the board meeting will be communicated to the stock exchanges after conclusion of the board meeting on May 12, 2023

NCLT to hear insolvency proceedings plea filed against SpiceJet on May 8

SpiceJet too seems to be facing headwinds, with a lessor filing a plea seeking insolvency resolution proceedings against no-frills airline and petition is scheduled for hearing before NCLT next week

Bank fraud case: CBI searches at Jet office, Naresh Goyal's residence

Searches conducted with an alleged Rs 538-cr 'fraud' case in Canara Bank

Tips Industries signs global music deal with Sony Music Publishing

The agreement has been signed to promote Tips Music's range of songs in the international markets

Dr Reddy's Laboratories launches Regadenoson injection in US market

Dr Reddy's Laboratories Ltd on Friday announced the launch of Regadenoson injection, used as an agent in the imaging of heart muscle to check blood flow, in the US market.

India Inc prepares for a tough road to evolving standards, ESG compliance

Firms will have to meet two different standards - domestic and global, say experts

Aurionpro Payments gets RBI approval to operate as payment aggregator

AuroPay can commence Payment Aggregator business upon receiving the final Certificate of Authorization from RBI

Nexus Select Trust acquires 17 malls; to continue inorganic growth post IPO

The company has fixed the price band at Rs 95 per unit to Rs 100 per unit for the proposed issue scheduled to close on May 11

Symphony Q4 net profit falls 75% to Rs 16 crore; revenue down 19.7%

Its total expenses in Q4FY23 were down 4.83 per cent to Rs 295 crore as against Rs 310 crore of the corresponding quarter a year ago

Marico reappoints Saugata Gupta as MD, Rajan Mittal joins as Ind Director

The company's board has appointed Rajan Bharti Mittal as an independent director for a term of five years, beginning from July 1, 2023 to June 30, 2028

Go First locks horns with lessors in a bid to begin bankruptcy hearings

By Arpan Chaturvedi and Siddhi Nayak

80% firms worldwide face shortage of workforce with apt tech skills: Study

India in good position to tackle shortage, has 16% of technology talent market

TVS Credit Services Q4 profit rises 76% at Rs 111 cr as disbursement grow

NBFC credits business growth in FY23 to credit demand and product offerings

ITC increases stake in food brand Sproutlife to 39.42% for Rs 175 cr

Earlier in January this year, ITC had said that it would acquire 100% of Sproutlife Foods Private Limited, makers of Yoga Bar healthy foods

Accenture India chief Rekha Menon to retire; Role split between two

Sandeep Dutta to lead professional services company's India Market Unit

Amid global slowdown, India is the fastest-growing market for LinkedIn

A recent survey conducted by LinkedIn revealed that professionals increasingly prefer skills over degrees

ICRA downgrades ratings of Shapoorji Pallonji to BBB+, places it on watch

ICRA has downgraded the ratings of Shapoorji Pallonji and Company to BBB+ from A- and placed it on rating watch with developing implications.

Meesho lays off 251 employees, CEO admits 'judgement errors in over-hiring'

SoftBank-backed e-commerce firing 15% of workforce, cites 'harsh circumstances'