Page 172 - Company News

Maruti Suzuki cuts prices by up to ₹1.3 lakh after GST rate slash

Maruti Suzuki cut prices by up to Rs 1.3 lakh across models after GST rationalisation, aiming to boost festive demand and encourage two-wheeler owners to upgrade to cars

Walmart India trims losses by 29% amid modest revenue growth in FY25

Cost controls, lower employee expenses help improve bottom line as the wholesale unit reports a second straight year of reduced losses

Flipkart completes self-audit on dark patterns, says compliant with CCPA

The comprehensive self-audit completion declaration has been submitted to the Consumer Affairs Secretary Nidhi Khare, the company said in a statement

BEL fires growth salvo with defence orders, new contracts boost revenues

Order wins, strong pipeline, and long-term defence projects drive optimism in Bharat Electronics, with revenue growth visibility and major contracts like QRSAM and Project Kusha ahead

IHCL wants to become 'superstar' of India's hospitality sector, eyes growth

The Tata group's hospitality arm recorded its 13th consecutive quarter of record performance in June this year, with a 19% increase in consolidated net profit (to ₹296 crore) and a 32%ump in revenue

Oil India targets ₹1.3 trillion capex by 2030, says CMD Ranjit Rath

Oil India chief expects that the construction of Mozambique LNG project will resume by the end of this year

Flipkart Group completes self-audit on dark patterns on digital platforms

These refer to tactics used by online platforms to manipulate or heavily influence customers to make certain choices

GAIL to supply natural gas to Tata Steel's Combi-Mill plant in Jamshedpur

As per the agreement, GAIL will supply 31,000 standard cubic metres per day (SCMD) of natural gas until March 2026, with volumes scaling up to 43,000 SCMD thereafter, it said

Fintech firm MobiKwik freezes 2,000 merchant accounts after ₹40 cr loss

MobiKwik froze 2,000 merchant accounts after a technical error caused unauthorised settlements worth Rs 40 crore, with Rs 14 crore recovered and FIRs filed in Haryana

BlackBuck CEO clarifies relocation plans, says company staying in Bengaluru

Trucking platform says staying in tech hub after infrastructure complaints spark departure speculation

Hyderabad bound A-I Express flight makes emergency landing in Vizag

According to the director, the aircraft departed Vizag at 2.38 pm and returned by 3 pm, travelling only around 10 nautical miles while the bird hit was suspected to have occurred while ascending

Mobikwik reports financial fraud in Haryana; says user accounts unaffected

The company, in a statement, clarified that the incident did not affect UPI, wallet payments, or user account balances

'No violations': Sebi gives clean chit to Adani in Hindenburg case

In 2023, Hindenburg published a scathing report accusing the Adani Group of stock manipulation, improper use of offshore tax havens, and inflated valuations

Blue Energy Motors raises $30 million from Nikhil Kamath, Omnitex

Blue Energy Motors raised $30 mn from Nikhil Kamath and Omnitex to expand LNG and EV truck output, boosting capacity to 10,000 units with Essar and FPT as backers

GE Healthcare weighs stake sale in China unit amid market challenges

A potential transaction may value the assets at several billion dollars, the report said, adding that the considerations are preliminary and no final decisions have been made

Rolls-Royce opens largest global capability, innovation centre in Bengaluru

The facility will house part of Rolls-Royce's global digital capabilities and enterprise services team

Ather crosses 500 experience centres, eyes 700 by FY26 amid demand

Ather Energy has crossed 500 experience centres across India and plans to expand to 700 by FY26 as its Rizta scooter drives growth in metros as well as tier 2 and 3 cities

Gameskraft lays off 120 staff after real money gaming ban in India

Gameskraft has laid off 120 employees as the online gaming ban shutters its core real-money business, extending health cover till March 2026 and pledging re-hiring priority

IBM and BharatGen partner to boost sovereign AI adoption in India

IBM and BharatGen have partnered to develop sovereign multimodal AI models rooted in India's linguistic and cultural diversity, aiming to expand AI adoption across key sectors

Neysa joins IndiaAI Mission, eyes global growth and fresh fundraise

AI cloud startup Neysa has been empanelled under the IndiaAI Mission and plans Series B funding to expand infrastructure while targeting growth in India and overseas markets