Page 1448 - Company News

TSLP reports Rs 184 cr loss in Q4 on account of increased expenses

Tata Steel Long Products (TSLP) has posted a standalone loss of Rs 184.11 crore during the fourth quarter of financial year 2022-23, on account of increased expenses

Chivas-maker Pernod challenges New Delhi licence rejection in court

"Merely because there may be certain allegations ... cannot be equated with a criminal or be considered as having a criminal background," Pernod Ricard's April 23 filing stated

China's Fosun drops plan to sell stake in drugmaker Gland Pharma: Report

Fosun Pharma holds a 57.86% stake in the Indian company

S&P upgrades Tata Motors' long-term issuer, issue credit ratings to 'BB'

A "BB" rating signifies that the entity is less vulnerable in the near-term but faces major ongoing uncertainties due to adverse business, financial and economic conditions

ONGC planning to invest Rs 1 trillion to expand production capacity: Report

The expansion plans will be implemented by ONGC's joint venture ONGC Petro additions Ltd (OPaL) and its subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL)

Why RIL investors are still unconvinced of Mukesh Ambani's hydrogen foray

Mukesh Ambani's new-energy ambition is even more complex than his telecom foray, which triggered a long period of debt-fueled expansion

Google's persisting ad slump weighs on Alphabet's first quarter results

Google's advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology

Microsoft reports 9% boost in profits, revenue, as it expands AI use

Microsoft on Tuesday reported a 9% increase in profit for the January-March quarter, as growth in cloud computing sales helped bolster its plans to expand its use of artificial intelligence

Glenmark to pay $87.5 million to settle lawsuits over a product in US

Three plaintiff groups collectively representing all of the claims against the company and Merck are referred to as the Direct Purchaser Plaintiffs, the Retailer Plaintiffs, and the End-Payor Plaintif

Mahindra Lifespace's Q4 net profit plunges 99.6% to Rs 0.54 crore

Realty firm Mahindra Lifespace Developers Ltd on Tuesday reported a 99.6 per cent decline in its consolidated net profit at Rs 0.54 crore in the quarter ended March

Over 1,500 pilots of Tata Group-run airlines seek Ratan Tata's help

The pilots feel that their concerns are not being heard or addressed by the current HR team

PepsiCo reports 'double-digit organic revenue growth' in March qtr in India

It has reported a double-digit growth in the beverage unit volume in the Indian market, PepsiCo said in its global earnings statement

NCLAT to hear Yamuna e-way authority's plea on compensation for farmers

NCLAT said it will hear the plea of Yamuna Expressway Industrial Development Authority (YEIDA), which challenged the NCLT's order to approve Suraksha Group's bid to acquire Jaypee Infratech

Tata Starbucks revenue crosses the Rs 1,000 crore mark in FY23

During the January-March quarter, Tata Starbucks recorded a revenue growth of 48 per cent

IHCL inks 2nd Taj in Kerala's Kochi; brand clocks 100 hotels in India

Indian Hotels Company (IHCL) on Tuesday announced that it has signed its second Taj Hotel in Kochi, Kerala

PepsiCo raises annual forecasts on back of buoyant demand, price hikes

Global consumer goods companies have raised prices to battle sky-rocketing costs of everything from aluminum cans to labor and shipping since the supply-chain disruptions during the pandemic

Welspun One, GRT Group ink Rs 700 crore deal for Tamil Nadu project

The projects are being developed by Welspun as part of the memorandum of understanding with the Tamil Nadu government to invest around Rs 2500 crores in the state

JK Tyre develops tyre with 80% sustainable and recycled materials

JK Tyre & Industries on Tuesday said it has developed a passenger car radial tyre with 80 per cent sustainable, recycled and renewable material

Mahindra CIE Q4 profit rises 73% rise on robust domestic, European demand

The revenue from the India segment rose 13.3% to Rs 1,468 crore

Tata Group's IHCL debuts in Ayodhya, signs deal to build 2 luxury hotels

With the addition of these two, IHCL will have 19 hotels across Taj, SeleQtions, Vivanta, and Ginger brands across Uttar Pradesh including nine others that are currently under development