Page 1639 - Company News

Lodha records Rs 9,000 cr sales in nine months, continues to prune debt

Company says it is on course to surpass its pre-sales guidance of Rs 11,500 crore for FY23

Reliance Jio rolls out 5G services in Gwalior, Jabalpur, Ludhiana, Siliguri

It is the first and the only operator to launch 5G services in Gwalior, Jabalpur and Ludhiana

Banks reluctant to fund loss-making Vodafone Idea before capital hike

"Without that (capital injection) it looks difficult for the company to ...survive," said one top official at a state-owned bank

Amazon plans to lay off around 1,000 employees in India: Report

The company has announced the elimination of over 18,000 roles across the globe due to uncertain economic conditions

Zydus Lifesciences launches generic anti-epilepsy drug in US market

Zydus Pharmaceuticals (USA) Inc, a unit of the company, has launched Topiramate extended-release capsules in the American market

Madras HC upholds Singapore arbitration award against Shriram Group firm

Court permits enforcement of award of about Rs 195 crore plus interest

Sobha Q3 sales bookings up 36% to Rs 1,425 cr on strong revival in demand

During April-December period of this fiscal, Sobha Ltd's sales bookings rose to Rs 3,734.4 crore from Rs 2,760.6 crore a year ago

Dabur India expects low to mid single-digit revenue growth in Q3

However, early signs of moderate recovery were visible towards the latter part of the quarter coupled with some abatement in inflation

NCLAT dismisses Wave Group's appeal for insolvency proceedings

The NCLAT upheld the old order, along with the fine of Rs 1 crore

Reliance group firms make open offer to buy 26% stake in Lotus Chocolate

The open offer starts on February 21 and closes on March 6, said the public notice

S Korean firm Mirae acquires industrial, warehousing asset in Maharashtra

The industrial property, housed in a 160-acre integrated industrial park and spread over 9 acres, has been acquired from Prakhhyat Infraprojects

India's fallen tech darlings value buys for Franklin after $20 bn wipeout

Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than 2 million shares of PB Fintech Ltd

Vodafone Idea approaches banks for loans worth Rs 7,000 crore: Report

The lenders have, however, sought clarity from the telco on the Government's potential shareholding and its plans to infuse capital in Vi

Now connect to WhatsApp by choosing proxy server if denied the right

Meta-owned WhatsApp launched a proxy support for users all over the world, like millions of people in Iran and elsewhere who continue to be denied the right to communicate freely and privately

TCS pushes the pedal to get self-driving cars on road with new algorithms

The algorithms are trained and tested using 300,000 kilometres of real time vehicle data

India-built public goods infra globally applicable: Satya Nadella

Microsoft chief praises country's digital public good infrastructure as 'great, important'

AI confirms incident of passenger urinating on co-passenger's seat, blanket

Air India confirmed that a passenger on Air India flight 142 from Paris to Delhi on Dec 6 relieved himself on the vacant seat and blanket of a woman co-passenger, when the latter was in the lavatory

Auto retail sales dip 5% in December after two-month cruising: FADA

The Indian auto industry's domestic PV sales in December 2022 were 276,000 units, 8.3 per cent higher than in December 2021, according to company numbers

Srei's CoC to take cognizance of the valuation report on Friday

The Committee of Creditors (CoC) of Srei lenders will take cognizance of the valuation report of the twin Srei Group companies undergoing a resolution process on Friday, a source said on Thursday

Housing sales momentum likely to sustain in 2023, says JLL India

Sales of residential apartments, which rose 68 per cent in 2022, are likely to sustain this year on likely moderation in inflation and better price deals from builders, according to JLL India