Page 1443 - Company News

FMCG brand Dabur to make additional investment of Rs 9.68 bn in Nepal

After signing the MoU, Bedi expressed his happiness for investing a part of the company's accumulated capital in Nepal for capacity enhancement and diversification of products

Lufthansa to start flights on Munich-Bangalore, Frankfurt-Hyderabad routes

The Indian market is "very very important" for the Lufthansa Group, Harry Hohmeister, Member of the Executive Board Global Markets & Network, said here on Thursday

Tata Steel signs business cooperation agreement with A&B Global Mining

ABGM will also collaborate with Tata Steel to deliver competitive integrated business solutions to the global mining industry

SpiceJet to appoint Arun Kashyap as Chief Operating Officer from June 12

The appointment of Kashyap will be effective from June 12 and he will report to the airline's Chairman and Managing Director Ajay Singh

Torrent Power incorporates two wholly-owned subsidiaries TU9, TU13

TU9 is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on April 26, 2023 and is yet commence its business operations

Glenmark Life Sciences profit surges 48% on API boost in March quarter

Revenue from Glenmark Life Sciences's API business, which accounts for about 90% of total revenue, grew 15.5% from last year

Received 'significant part' of Q4 dues from Vodafone Idea: Indus Towers

Vi had submitted a payment plan approved by the tower company's board in October 2022

Reliance Cap lenders to meet on Friday to take call on Hinduja Group bid

IIHL is slated to make a presentation to the lenders on its resolution plan on Friday, sources said

Expect India to be Citroen's biggest growth driver outside Europe: CEO

French automaker Citroen expects India to be its biggest growth driver outside Europe as it looks to have 30 per cent of its total sales coming from international markets outside the continent by 2025

Retail chain Shoppers Stop targets double-digit revenue growth in FY24: CEO

Calvin Klein in India, are also doubling down on smaller cities to tap the growing middle class

Tata Group-owned Air India to hire over 1,000 pilots, to expand its fleet

The move to hire more pilots comes as the Tata Group-owned airline plans to extend its fleet and network. Air India has placed an order for 470 aircraft with Boeing and Airbus

Harley sees 37% rise in profit boosted by higher demand for popular bikes

The manufacturer also benefited from pent-up demand as COVID-exhausted Americans were eager to hit the roads on cars and motorcycles

Caterpillar's Q1 profit rises by 31% on resilient demand, higher prices

The company reported adjusted profit of $4.91 per share, beating Refinitiv analysts consensus of $3.78 per share

Domino's Pizza beats quarterly sales estimate on price hikes, steady demand

Shares of the company rose about 5% in premarket trade

Google's content removal policy applies universally in world: Executive

On top of that, Google's own platform policies apply globally, banning hate speech, sexually explicit content, threats and others

Tech Mahindra Q4 net profit down 27% YoY as clients cut spending

Attrition for quarter reduces to 15% from 24% last year, says company

Airtel's 5G service reaches 3,000 cities, Jio 5G in 3089 urban areas

For easy transition from 4G to 5G, Airtel has tuned all the current Airtel 4G SIMS to be 5G compatible

In a first, Softbank-backed OYO turns cash flow-positive in Q4FY23

The firm expects to report adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) of about Rs 800 crore in FY24

Tesla Power inks pact with Indian Oil Corp to sell batteries at petrol pump

The partnership will enable Tesla Power to sell and service batteries at over 36,000 IOCL petrol pumps across India, the US-based firm said in a statement

Razorpay joins hands with ONDC to offer payment reconciliation service

With this, the Tiger Global-backed firm has become the first payment gateway to launch a Payment Reconciliation Service for Network Participants like buyers, sellers, and logistic partners on ONDC