Page 1562 - Company News

Nestle India Q4 profit up 65.5% at Rs 628 cr, credits 'robust demand'

In 2022, its rurban footprint grew by 13%, according to its investor presentation

Mobile user base dips for fourth month in a row, shows Trai data

Users have reduced by 0.6 million,1.82 million and 3.66 million in the three months since September

92% recruiters optimistic about hiring in H1CY23: Naukri.com report

Recruiters foresee maximum layoffs for senior professionals, with 20% of recruiters predicting the same. Freshers are expected to be least impacted by hiring corrections

Ambuja Cements declared preferred bidder for limestone block in Odisha

An e-auction was conducted by the Odisha government for the Uskalvagu limestone block, situated in Malkangiri district, and spread over an area of 547 hectares, the company said

Byju's in funding talks with TPG, West Asian sovereign funds as debt weighs

Negotiations are ongoing and it's unclear if the prospective investors will go ahead with a deal, the people said, who asked not to be identified as the information is private

PI Industries stock gains from CSM business and margin expansion

Robust order book, product pipeline will ensure steady growth of agrochem player

S&P puts Adani Transmission's ESG rating under review on governance issues

Will closely monitor developments, including any investigations by the Indian regulators and any additional disclosures by the Adani group, S&P said in a statement

Renewable energy firms missing deadlines to be blacklisted for 3-5 years

Bank guarantees will be encashed, says govt

Adani Green to disclose refinancing plan after fiscal year ends: Source

Adani and two of its main subsidiaries, including Adani Green, caught up in a short-selling storm in recent weeks are holding calls with bond investors on Feb. 16 and Feb. 21

Adani Enterprises to freeze capital expenditure in new road projects

It will focus instead on completing existing ones, before committing fresh investments

Luxury carpet brand Obeetee eyes Rs 1,000 crore turnover in FY24

While Obeetee operates at the high-end, Chatterjee believes that there will be opportunities for players across the segments

Hindustan Zinc to talk to mines ministry to acquire Vedanta's assets

Subject to receipt of timely regulatory approvals, the transaction is likely to be completed in a phased manner over a period of 18 months

Hindalco likely to hike domestic capex in FY24 on robust demand

Company has spent Rs 2,700 crore in India in FY23, MD Satish Pai said; will be higher next year

Indian electric scooter maker Ather installs over 1000 fast-charging units

The Ather Grid App allows scooter owners to locate and check the availability of the nearest charging stations in real-time

Fyn Mobility partners Exponent Energy to roll out 1,500 electric vehicles

Electric vehicle ecosystem platform Fyn Mobility on Thursday said it has partnered with Exponent Energy to roll out 1,500 Altigreen manufactured electric three-wheelers

Adani Group firms end on mixed note, Adani Wilmar up 5% on weekly closing

Shares of Adani Group firms ended on a mixed note on Thursday after rallying in the morning trade amid volatile trend in the broader market.

60% private insurers register significant rise in fraud: Deloitte survey

About 60 per cent of Indian private insurers believe there has been a significant rise in insurance-related frauds, and as risks lurk there is an immediate need to consider

Decoding Brand Anushka+Virat: A formidable force in a package deal

Hero MotoCorp is the latest in the power couple's endorsement list; Alia-Ranbir come a distant second

India set to blacklist renewable power generation companies for delays

-India will blacklist renewable power companies for three-to-five years if they do not meet project completion deadlines, a government order seen by Reuters shows

Tata Steel signs MoU with CBRI for sustainable mining solutions on Tuesday

Tata Steel and Central Building Research Institute (CBRI), a constituent of the Council of Scientific and Industrial Research (CSIR), signed an MoU to collaborate on sustainable solutions in mining.