Page 1442 - Company News

Google took action against 3,500 personal loan apps in 2022 in India

Globally, Google prevented 1.43 million policy-violating apps from being published on Google Play

Cloud storage giant Dropbox sacks 500 employees amid slowing growth

In January 2021, Dropbox had laid off 315 employees amid the Covid-19 pandemic

PNB to infuse Rs 72.82 cr in its Bhutan subsidiary Druk via rights issue

The indicative time period for completion of the rights issue is by the end of August 2023, it noted

ACC net profit declines 41% to Rs 236 cr in January-March quarter

The company had posted a profit of Rs 396.33 crore in the January-March quarter a year ago, said ACC, now a part of Adani Cement, in a BSE filing

Axis Bank reports Rs 5,361 cr loss in Q4 on Citi acquisition payout

The bank board has on Thursday approved a proposal to raise up to Rs 35,000 crore through various instruments to shore up its non-core tier-II capital

Arihant Capital settle case with Sebi, pays Rs 17 lakh as settlement charge

It was also noted that the trades of these clients were not in parity with their declared annual income

Q4 results: India's IT services biggies fail to meet expectations

Wipro net dips 0.4% in Q4, guides for revenue contraction in current quarter

Tata Group-backed Trent's Q4 revenue jumps as fashion demand rises

Consolidated net profit for the quarter stood at 541.6 million rupees. It posted a profit of 1.6 million rupees a year earlier

SBI raises $750 mn through bonds to fund offshore business growth

Earlier this month, the bank's board had approved a proposal to raise USD 2 billion (about Rs 16,000 crore) from bonds to fund its global operations

Shriram Finance consolidated net rises 18% to Rs 1,288 crore in Q4

The non-banking finance company's total assets under management stood at Rs 1.86 trillion by the end of March 31

IRB Infrastructure bags Rs 7,400-crore Hyderabad Outer Ring Road project

It is India's second largest road monetisation asset

Chola Fin raises Rs 1,000 crore through maiden public bond offering

The offering was oversubscribed 5.17 times the base issue (Rs 500 crore) on the final day of the issue

Easing bilateral rights will help Indian carriers: Lufthansa executive

In order for an airline to operate a scheduled flight between two countries, there must be a "bilateral air services agreement" in place

Hindustan Zinc turns into a net debt firm for first time in 20 years

HZL was sitting on cash and equivalents worth Rs 20,665 crore at the end of FY22

Co-living operator Settl. to double its bed strength to 5,000 by FY24-end

Settl. already has 7 operational co-living properties with approximately 700 beds in Gurugram

HUL Q4 results: Net profit rises 12.8% to Rs 2,600 crore, revenue up 10.5%

Its volumes, top line and operating performance, however, came in below estimates

Import of key Chinese medical devices rises up to 152% till Dec FY23

Overall imports decline 8% in first nine months of FY23

IRB Infrastructure bags 158 km-project in Hyderabad for Rs 7,380 cr

The Hyderabad outer ring road (ORR) is a 158 kilometers, 8 lanes ring road expressway, encircling Hyderabad, Telangana

Race for scale: HBO finds a home in India after deal with JioCinema

Does its deal with HBO mean that JioCinema is planning to go pay?

Need for business insurance leads to new brand 'Policybazaar for Business'

Business Insurance penetration in India at merely 15%