Page 1748 - Company News

India Cements looks to fortify base but future growth remains a question

ICL's challenges come at a time when the cement industry in India is under pressure owing to a sharp rise in raw material prices leading to a lower capacity utilisation of around 64%

ArcelorMittal looks to supply steel for proposed bullet train project

ArcelorMittal's arm AMNS India is eyeing to supply high strength special steel for the proposed bullet train project in India

AM/NS India kicks off Rs 60,000-crore Gujarat's Hazira plant expansion

Aditya Mittal says will make products never made before in India

Maruti Suzuki's Q2 suggests a big bounce for auto sector stocks

Maruti Suzuki's revenue and net profit both were ahead of consensus estimates

Hindusthan National Glass lenders vote in favour of AGI Greenpac's plan

The voting on the resolution plans concluded on Thursday evening

Extraordinary general meeting brings focus back on Kirloskar Brothers' deed

Each signatory of the DFS is mandated to follow the rules and implement the deed with the approval of the respective board of directors

JSW Energy Q2 net up 37% to Rs 466 cr; Parth Jindal joins board

Revenue up 16% YoY to Rs 2,596 cr; finance cost rises by 7% due to additional borrowings for ongoing capex

Carborundum Universal consolidated Q2 net dips 8% to Rs 94 cr, sales up 34%

Revenue spike driven by strong show in electro minerals and ceramics, and sales of Rs 141 crore by newly acquired subsidiaries

SAIL inks pact with AAI for initiation of commercial flights from Rourkela

State-owned SAIL on Friday said that it has entered into a pact with Airport Authority of India (AAI) for facilitating the start of commercial flights from Rourkela in Odisha

AMNS India to invest Rs 60,000 crore to expand Hazira plant: Chairman

ArcelorMittal's arm AMNS India will invest Rs 60,000 crore to scale up capacity of its steel plant here to 15 million tonnes (MT), the company's chairman Aditya Mittal said on Friday

Indus Towers accepts Vodafone Idea's payment plan for its dues

Indus Towers posted a net profit of Rs 872 crore in the second quarter of the fiscal year (FY2023) on a revenue of Rs 7,967 crore

Eveready PAT dips 52% to Rs 15 cr on non-cash charge of unamortised fees

Company says the charge will even out for the full year; revenue up 5% to Rs 376 cr

Equity issue to govt is precondition for Vodafone Idea debenture issue

Last Friday, firm's Vi decided to issue 16,000 OCDs to American Tower Corporation and raise Rs 1,600 cr. Company has convened EGM on November 21 to approve the plan

TVS Supply Chain Solutions to double employee count in Tamil Nadu

The centre of excellence is the core unit of the global operations of the company and would strengthen the leadership of TVS Supply Chain Solutions as a technology-led global supply chain player

RISE, along with ThriveDX, hosts India's largest Cybersecurity hackathon

RISE, in Collaboration with ThriveDX, Hosts the Largest Cybersecurity Hackathon in India with Over 22,000 Participants

Kinara Capital closes Rs 200 crore in fresh equity round, led by BII

Kinara Capital, a fintech company serving small business entrepreneurs, on Friday announced closing a fresh equity round of approximately Rs 200 crore led by British International Investment

Foxconn's China iPhone factory in disarray due to Covid outbreak: Report

Foxconn's factory in Zhengzhou in central China is the world's largest assembly plant for Apple's iPhones

Xiaomi sells six million devices across categories in festive sales

The sale was carried on both online and offline and was twice as much as achieved last year

Intel set to lay-off employees as it cuts billions of dollars in spending

Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 bn in annual savings in the near term and $8 bn to $10 bn by the end of 2025

Infy declares interim dividend; UK PM's wife Akshata to get Rs 64.27 cr

Software giant Infosys declared an interim dividend of Rs 16.50 per equity share for shareholders for 2022-23, while Akshata Murthy, wife of UK PM Rishi Sunak, will get a dividend of Rs 64.27 crore.