Page 1458 - Company News

Apollo pitches investors on deal to ease industrywide fundraising slump

The firm pitched it as a way to ease clients' liquidity pressures, according to people familiar with the matter

HCLTech reports 11% jump in Q4 net profit, pegs guidance at 6-8%

Adds 4,480 freshers in March qtr to outstrip peers, announces dividend of Rs 18/share

Oyo to open 50 properties in Ayodhya, places big bets on religious cities

There has been a consistent rise in the number of tourists visiting Ayodhya over the last few years as the city infrastructure is getting rejuvenated

Wipro Consumer Care and Lighting to acquire spice brand Brahmins

To expand and further consolidate its spices, breakfast and ready-to-cook category

Health insurance start-up Plum launches AI-powered tool PolicyGPT

PolicyGPT is a chatbot created using the Open AI GPT-3 architecture to provide users with information about their health insurance policy purchased from Plum

Jaguar Land Rover revs up for electric race; can it meet its 2030 target?

JLR aims to become electric-first luxury carmaker, to invest 15 bn pounds over next 5 years

SAP India see triple digit growth in CY23: President and MD Kulmeet Bawa

The latest offering Grow with SAP comes after the company took feedback from customers on what they were looking for when it comes to tech adoption

Nokia Q1 net sales rise 10% to 5.8 bn euros as India biz jumps four-fold

Finnish telecom gear maker Nokia on Thursday reported a 10 per cent increase in global net sales to 5,859 million euros in the first quarter ended March 2023

How Tim Cook went about mixing business with pleasure on his India trip

Turned focus on non-iPhone Apple products in his engagements with sportspersons, artists, designers

Open to negotiate after auction, lenders tell Reliance Cap bidders

They decided that they reserve the right to negotiate with the bidders even after the second auction is over

Vodafone Idea reappoints Kumar Mangalam Birla non-executive director

Birla had stepped down from the post of non-executive chairman of the company in August 2021

Fortis Healthcare acquires Medeor Hospital for Rs 225 cr, plans expansion

Fortis Healthcare now has around 4000 operational beds across its network

Sebi bars ex-Care Ratings MD & CEO Rajesh Mokashi for two years

The market watchdog has relied upon exchanges and messages on WhatsApp by the members of the rating committee lamenting the repeated interference by Mokashi

Kalrock-Jalan consortium opposes sale of three Jet Airways planes

European cargo airline Ace Aviation has emerged as the successful bidder for the planes

Vedanta pledges Rs 3.5K crore in Hindustan Zinc to refinance loans

Pledged 91% of its stake in the mining firm

Tiger Global-backed Koo lays off 30% of its workforce in a year

The micro-blogging website, however, says it is well capitalised at the moment after raising fresh funding recently

ICICI Prudential Life's net profit rises 27% in Q4; VNB jumps 36%

It has also reported a significant increase in its VNB margins from 28 per cent in FY22 to 32 per cent in FY23

NCDEX isabgol futures clocks 102 tonnes volume on first day of trade

Some of the major players in the India isabgol (psyllium husk) market include Baidyanath, Dabur India, Giriraj Enterprises, and Karnataka Antibiotics

IndiGrid raises Rs 1,140 cr via NCDs, to use funds for refinancing

India Grid Trust on Thursday said it has raised Rs 1,140 crore through long-term non-convertible debentures from International Finance Corporation

Schneider Electric to set up new factory in Bengal at Rs 140 cr investment

Schneider Electric on Thursday said it will invest Rs 140 crore to set up a new factory in West Bengal