Page 1616 - Company News

Vedanta to sell its foreign zinc assets to Hindustan Zinc for $2.98 bn

Hindustan Zinc's Q3 net profit drops 20% on lower output, prices

Urinating case: Air India imposes four-month flying ban on Shankar Mishra

Air India has said there was an error of judgment on part of its cabin crew and ground staff to identify the pee-on-board incident as a breach of discipline and it could have been handled better

Jubilant FoodWorks lines up Rs 900 cr capex plan for next 12-18 months

In a regulatory filing, the company said capex of Rs 900 crore would be funded entirely through internal accruals over a period for 12-18 months

Indian start-ups rejoice as SC upholds Android ruling against Google

The CCI order states Google can't impose such requirements now

Rs 20,000-crore FPO to increase retail participation in Adani Enterprises

No interest to enter telecom sector, says Group CFO

Auto Expo 2023 witnesses turnout of 636k visitors after a 3-yr hiatus: SIAM

Auto Expo 2023 was led by the automakers such as Maruti Suzuki, Hyundai, Tata Motors, Kia India, Toyota Kirloskar, and MG Motor India

Budget carrier Scoot apologises for Amritsar-Singapore flight incident

As many as 263 passengers, who boarded the flight, reported at the airport well in time

Saving, investment app Gullak raises $3 mn in seed funding round

Company will use the money to increase revenue, product development, get users

Hindustan Zinc Q3 net profit drops 20% to Rs 2,156 cr on higher expenses

Commenting on results, HZL CEO Arun Misra said that the company delivered the best-ever nine months of refined metal mark on the back of the highest mined metal

Sterling and Wilson Renewable Energy net loss narrows to Rs 99 crore in Q3

The company had reported a consolidated net loss of Rs 428.78 crore in the year-ago period, according to a regulatory filing

EU regulator fines WhatsApp $5.95 million for breach of privacy laws

The DPC, which acts as the EU's lead privacy regulator for Meta, said WhatsApp must reassess how it uses personal data for service improvements

CAQM asks Coal India to stop supply, sale to industries in Delhi-NCR

However, the use of low-sulphur coal in thermal power plants is allowed

Adani Enterprises plans to enter water segment; FPO opens next Friday

The FPO will open for subscription on January 27 and close on January 31, while the anchor investor's portion will be open a day earlier, the company said

December retail sales jump 16% from pre-Covid levels, shows RAI survey

Retailers Association of India (RAI) surveys retailers in different categories such as apparel, home decor, beauty and personal care, quick service restaurants, footwear, food, and grocery

IBC overhaul seeks to give adjudicating authority a power boost

MCA proposes specialised framework for realty projects

HUL board approves hiking royalty to parent from 2.65% to 3.45% of turnover

HUL said the new contract terms were subject to a detailed evaluation and due diligence led by its senior management and guided by its Audit Committee and Board

Maharashtra govt approves M&M proposal to set up Rs 10k-cr EV plant in Pune

The two sides signed an agreement to this effect at the World Economic Forum in Davos on Wednesday, M&M Ltd said in a statement

HUL Q3 results: Net profit rises 7.9% to Rs 2,481 cr; total income up 16.4%

The company had posted a net profit of Rs 2,300 crore in the October-December quarter of the previous fiscal

PVR swings to Q3 profit of Rs 16.15 cr on strong movie runs, revenue up 53%

The company said it is on track to open a total of 100-110 new screens by the end of this fiscal year

Indian dairy firm Hatsun Agro falls 2.9% in animal feed, milk procurement

India's Hatsun Agro Product Ltd, which sells Arun ice cream and Arokya milk, reported a 2.9% fall in quarterly profit on Thursday, hurt mainly by a surge in prices for animal feed and milk procurement