Page 1567 - Company News

Kalanithi Maran can encash Rs 270 cr bank guarantee in SpiceJet dispute: SC

Court orders SpiceJet to deposit Rs 75 cr in drawn-out dispute over airline's acquisition

Nissan, Renault to invest Rs 5,300 cr in India to make 6 new models

Alliance announces country plan to increase production, scale up research and shift to carbon-neutral manufacturing

Rolls-Royce offers engine co-creation for medium fighter

'We are keen to partner India for co-development of combat engine technology in the country. We believe that such a partnership should result in the transfer of both know-how & know-why', says company

GMR Power and Urban Infra posts net profit at Rs 361 crore in Dec quarter

GMR Power And Urban Infra Ltd on Monday reported its consolidated net profit at Rs 360.53 crore in the quarter ended December 31, 2022

India's Landmark Cars profit jumps by 37% in first earnings since listing

Indian luxury auto dealer Landmark Cars reported a 37% jump in quarterly profit in its first earnings report since going public, driven by the strong demand for premium cars

IRB Infra December quarter net profit almost doubles to Rs 141 crores

IRB Infrastructure Developers Ltd on Monday reported a 94.49 per cent jump in its consolidated net profit to Rs 141.35 crore for the quarter ended December 31, 2022

5 PSU insurers have Rs 347-crore exposure to Adani firms: FinMin

Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup'

CCI approves acquisition of real estate assets by Nexus Select Trust

Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select Trust.

Reliance Jio aims for 100% 5G coverage in cities, tehsils by December

Currently, Reliance Jio offers 5G services in 240 cities. Jio currently has a total subscriber base of 423 million

Tata mulls merger of arm for exemption from RBI as NBFC upper layer tag

Legal sources said Tata Sons will have to submit audited financial data of each subsidiary and its step-down subsidiaries

Srei insolvency: Kanorias' offer under section 12A to pay off dues rejected

Srei administrator Rajneesh Sharma has rejected the group promoters' offer under section 12A of Insolvency and Bankruptcy Code (IBC) to pay off dues of around Rs 32,000 crore to creditors to withdraw their companies from the ongoing insolvency process, sources said on Monday.

Info Edge: Investors must wait for sell-off to end before making new entry

The guidance says there are clear signs of a slowdown in IT hiring, with supply pressure easing and lower attrition

Castrol India reports PAT at Rs 193 crore in October-December 2022

Lubes maker Castrol India on Monday reported its profit after tax at Rs 193 crore in the October-December quarter of 2022.

Sebi probing Hindenburg Research allegations against Adani Group

SC hearing: Govt agrees to form expert panel to strengthen regulatory regime

SAIL's net profit falls by 65% to Rs 542 crore in December quarter

State-owned SAIL on Monday posted around 65 per cent fall in its consolidated net profit at Rs 542.18 crore in the December 2022 quarter, on account of higher expenses

High ULIP sales, annuity products' repricing squeezed LIC margins

Analysts expect modest RoEV given lower margin profile than private peers

Vodafone Idea may get 60 days to raise funds before govt asks for Q3 dues

The company has paid about 10% of the charges and fees it owes govt for the October-December quarter

Hindenburg row: Adani group reassures investors as stocks plunge further

Says business plans "fully funded" after reports about revenue target cut and capex halt

IndiGo restores pilots' increments amid financial turnaround, Q3 profit

Airline made net profit of Rs 1,422 cr in Q3FY23, after three consecutive quarters of loss

T-Hub, Suzuki Motor pact to help Indian start-ups access Japan's ecosystem

T-Hub, an innovation hub and ecosystem enabler on Monday announced its partnership with SMC, a leading corporation in the automobile sector to accelerate the growth of the Indian start-up ecosystem