Page 1749 - Company News

CK Birla Group eyes over 100 fertility clinics in three to four years

India is home to 28 million couples with fertility-related issues

Vedanta arm wins 10-year production sharing contract for Rajasthan block

Cairn Oil & Gas recently won eight oil blocks and one coal-bed methane (CBM) block under the DSF Round III bids, taking the company's total assets in the country to 62

IFCI raises Rs 100 crore via preferential allotment of shares to govt

Long-term infrastructure financier IFCI Ltd on Thursday raised Rs 100 crore through preferential allotment of shares to the government

Apple's revenue, profit up despite slowing economy; not immune to recession

Apple managed to boost its sales, profit during summertime quarter that depressed fortunes of many major tech companies, but that doesn't necessarily mean it will be immune to a potential recession

Market value up, but volumes declining in India: Unilever CEO Alan Jope

"We are confident of HUL's ability to continue to grow ahead of the market and we see that reflecting in very strong market share performance," Jope said

Infibeam Avenues gets RBI in-principle nod for payment aggregator licence

The RBI allowed another window to PAs existing as of March 2020 to apply to the central bank for a license

Govt target of 10K new 5G towers per week is far off, say industry sources

Industry executives say the availability of 5G radios, environmental conditions and approval process is dictating the pace.

IndiGo asks MoCA to extend wet lease period for wide body aircraft

A wide body plane like B777 has a bigger fuel tank than narrow body aircraft like A320, which allows the former to traverse longer distances

Kerala govt to meet Byju's executives on Nov 2 as 170 staff asked to resign

A meeting was called by the officials of the labour department on October 25, but the company did not appear for meeting

Udaan raises $120 mn amid funding winter; plans IPO in 12-18 months

Business-to-business e-commerce firm raises capital from existing investor, was valued at $3.1 billion in January 2021

Meta fined $24.7 mn for violations of campaign finance disclosure

A Washington judge fined Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be largest campaign finance penalty in US history

Jaypee Infra insolvency: Decks cleared for NARCL to buy first stress asset

Jaypee Infratech deal expected to close by early Nov

MSCI sets aside Piramal Pharma's exclusion from global standard index

The company was listed separately on October 19, following its demerger from Piramal Enterprises

JSW Steel: Lower costs, prices should boost margins in second half of FY23

Given fair value estimates of Rs 530 to Rs 610, investors need to be cautious about the company

Tata, Airbus grab Rs 22,000-cr project to make C-295 aircraft in Gujarat

The Ministry of Defence (MoD) on Thursday announced it had, for the first time, entrusted a private firm - Tata Advanced Systems (TASL) - to manufacture an entire aircraft for the military

JSW Steel's 2 Indian subsidiaries expected to return to profit in Q3 FY23

Global macroeconomic challenges to shape turnaround of JSW Steel and Bhushan Power & Steel

Shiprocket becomes first inter-city logistics provider to join ONDC network

Company will enable sellers to select delivery partners to ship products across India

KKR to acquire Ness Digital Engineering; deal size estimated at $500 mn

Global investment firm KKR will acquire Ness Digital Engineering from The Rohatyn Group in a deal estimated to be worth $500 million

PEs add spice firms to shelf, invest Rs 5,000 cr to expand biz, enter mkt

Market is expected to touch Rs 50K-crore mark by 2025

Real estate major DLF net profit rises 28% YoY to Rs 487 crore

At the end of the second quarter (Q2), the company's revenue stood at Rs 1,360 crore and net debt at Rs 2,142 crore, said the company