Page 1573 - Company News

Adani market capitalisation rises for first time since Hindenburg report

Followed regulations while making investments: LIC

Adani Total expects to get 2.2 mn tonnes at Dhamra LNG terminal in FY24

Adani Total Private Ltd expects to receive 2.2 mn tonnes of LNG at its terminal at Dhamra on India's eastern coast during the year ending March 2024, the company's chief executive said

Weak tea biz a drag on domestic sales performance of Tata Consumer Products

International margins fall sharply on cost inflation, price lag in December quarter

After Rs 10,500 crore infusion, Ikea plans further investment in India

Ikea India on Tuesday also announced its second price cut, which is 16-39% across its products

Adani Ports eyes Rs 15,000 cr Ebitda in FY23, will prepay Rs 5,000 cr debt

Prepayment to significantly improve net debt-to-Ebitda ratio, bring it closer to 2.5x by March, says company

Air India's three domestic destinations to be operated by AirAsia India

Full service airline Air India on Tuesday said three of its domestic destinations will now be operated by the budget carrier AirAsia India as part of the route network rationalisation plan

Centre now largest Vodafone Idea shareholder as firm gives it 33.4% stake

Operational and management control of the company will remain with existing promoters

Samsung aims to grow 5G revenue share to 75% in 2023: Sr VP at S23 launch

Samsung India on Tuesday said that it intends to grow revenue from 5G models while continuing to cater to all segments of the mobile handset market

BSE Q3 net profit drops 16% to Rs 51.6 cr; revenue from operations up 6%

Leading stock exchange BSE on Tuesday reported a 16 per cent decline in net profit to Rs 51.6 crore in three months ended December 2022

ONGC to invest $3.5 billion to boost output from western offshore assets

ONGC, will invest $3.5 billion over the next three-four years to boost output from its western offshore assets, Pankaj Kumar, head of offshore assets, said on Tuesday

Adani Group exposures not large to pose risks to banks: Fitch, Moody's

Banks' exposure to the group is less than one per cent of their total loans, said Moody's, which has issued frequently asked questions about risks

ONGC decides to open up the Bengal Basin for targeted exploration

Discovers new well with 'substantial' volume of gas

Infosys to partner with GE Digital for grid transformation solutions

Work will help operators realise a more reliable and sustainable grid, say companies

ONGC to start oil production from Krishna Godavari D5 block in May

ONGC's delayed Krishna Godavari basin KG-D5 project is likely to start crude oil production in May this year and gas output a year later, a senior company official said

IFFCO to export nano urea to 25 nations, expects 30 cr bottles output: MD

Fertiliser major IFFCO Ltd is eyeing nano urea exports to 25 countries and expecting that output is likely to be 30 crore bottles by December 2024, a top company official said on Tuesday

Stop media reports on Adani firms unless verified by Sebi, lawyer urges SC

A plea has been moved in the Supreme Court seeking a gag order to prevent media from publishing allegations in connection with the Adani group firms unless market regulator Sebi verifies them

RCap case: NCLAT issues notices to Torrent Investments on lender's plea

NCLAT issued notices to Torrent Investments and other respondents on a petition filed by the lender of Reliance Capital seeking a second round of financial bids for the debt-ridden firm

Online medical consultations in smaller cities grew 87% last calendar year

Lybrate study reports 65% spike in online appointments by women in 2022 over 2021; gastroenterology and ENT top list of consulted specialities

Pinterest's global monthly active users grow by 4% y-o-y to 450 mn

Photo-sharing social media platform Pinterest on Tuesday said it now has 450 million monthly active users (MAUs) globally, growing 4 per cent year over year

ONGC aims to raise output over next two fiscals, says exploration director

In what may come as relief amid growing uncertainty over availability of petroleum products across the world in the aftermath of Russia-Ukraine war, India's largest explorer ONGC plans to raise its