Page 1439 - Company News

Muttiah Muralitharan's Ceylon Beverages to fill Campa cans for Reliance

The co-packing partnership has already been signed, and the two companies are close to signing the deal to set up manufacturing units in India for Campa soft drinks

FAME subsidy saga: Ola to repay customers for separately billed chargers

Ola has indicated in meetings with officials of the Department of Heavy Industries that it will comply with the directive to offer this compensation

We are much ahead of market in premiumisation: HUL MD & CEO Sanjiv Mehta

The maker of LUX soaps expects its premium products will keep driving margins

Waiting to resolve subsidy deadlock, recover Rs 500 cr: Hero Electric CEO

Hero Electric said that they are awaiting communication from the Ministry of Heavy Industries towards quickly resolving the subsidy deadlock, which could be the first step to help the EV company

Jalan-Kalrock Consortium has missed flight to relaunch Jet Airways: Experts

Changed conditions and consolidation in domestic market have made airline's revival a tougher challenge, they say

Green energy firm Serentica Renewables secures $250 million from KKR

Sterlite Power-backed firm to look at data centres, pharma cos, export industries for growth

Muthoot Microfin expects 50% of its collections to come digitally by Sept

The Kerala-based lender from the Muthoot Pappachen Group, collected as much as Rs 1,000 crore or 34 per cent of its entire collection digitally as of March

IT firm Coforge actively scouting for acquisition in data, cloud: CEO

The company has a few conversations going on right now, Singh said adding both financial and cultural match will be an important consideration

Reliance-bp, Russia's Nayara begin pricing petrol, diesel at market rates

The three public sector retailers have broken even on petrol but there are some losses on diesel, the official said

Garmin India launches Forerunner smartwatches with AMOLED displays

Leading wearable brand Garmin on Sunday launched Forerunner 965 and Forerunner 265 smartwatch series, with high-resolution AMOLED displays in India

Vedanta's Anil Agarwal presses on with plan to raise oil, zinc output

Vedanta produced 2.3 million tonnes of aluminum in the 2022-23 fiscal year

Mcap of 9 of top 10 most valued firms jumps Rs 1.84trn; Reliance, SBI shine

The mcap of ICICI Bank rallied Rs 23,472.25 crore to Rs 6,40,949.71 crore and that of ITC climbed Rs 21,003.35 crore to Rs 5,28,377.17 crore

Mahindra and Mahindra gears up for EV play, niche e-farm products

M&M aims to make 200,000 EVs a year around 2027

Maruti Suzuki can put pedal to rerating metal on volume, market gains

There could be margin pressures in the near term, given commodity costs

Brought in Rs 28,000 cr FDI to India, says Byju Raveendran on ED raid

A day after ED conducted searches, seizure action at premises of Byju's, the founder and CEO Raveendran said that the company has taken all efforts to comply with all applicable foreign exchange laws

Tata Capital in talks with lenders to raise Rs 10,000 crore via debt

Tata Capital is getting aggressive in the retail loans segment and the majority of funds raised this quarter will be for home loans and personal loans, according to a banker

Fully cooperating with probe, says Adani after Sebi's extension request

A US-based short seller named Hindenburg report charged Adani Group with financial wrongdoings in its investigation on February 25

OIL, AGCL to form joint-venture for piped natural gas distribution

The company will also set up numerous compressed natural gas (CNG) stations, the statement said

PNB Housing raises Rs 2,494 cr from rights issue for business growth

The company intends to utilise the net proceeds from the issue towards augmenting its capital base

Himadri Speciality Chemical Q4 PAT grows over three-fold to Rs 77 cr

For the full 2022-23, the company's PAT rose to Rs 208 crore from Rs 65 crore in FY22, registering over three-fold growth