Page 1774 - Company News

L&T Realty, CapitaLand tie up to develop 6 mn sq ft of prime office space

L&T will build and develop the spaces, CLINT will market them; most of the projects are to be started from the second half of 2024

D2C Ecommerce acquires leading natural personal care brand Luxura Sciences

D2C Ecommerce is India's first multi-D2C brand online platform that sells its own homegrown brands

IPO-Bound CarDekho to infuse $100 million in its fintech subsidiary Rupyy

Rupyy recently unveiled India's largest QR code-based loan platform, which is available to more than 2,200 vehicle dealerships and distributors nationwide

Investcorp plans major ramp up of India assets to $5 billion: Alardhi

The Middle East firm expects to reach $5 billion of assets in India in the next five years, up from just over $600 million currently, or 1.5% of the $42.7 billion in assets managed by Investcorp

CreditSights says Adani Group continues to seek strategic partners

Gautam Adani's conglomerate continues to seek strategic equity partners aligned with its long-term investment strategy as it expands across energy to transport to mining sectors, says CreditSights

India Cements Q2 net loss at Rs 113 cr, revenue up 7.46 pc to Rs 1,327 cr

India Cements Ltd reported a consolidated net loss of Rs 113.26 crore for the second quarter ended September 2022

Zydus gets establishment inspection report from USFDA for Moraiya plant

The USFDA issues an establishment inspection report (EIR) to an establishment that is the subject of an FDA or FDA-contracted inspection when the agency decides to close the inspection.

Vodafone may have to raise tariffs to meet a Rs 6,400 cr shortfall by Sept

Goldman Sachs said Vi would need a sharp capital raise or a tariff increase to remain competitive. It is the only telco which has not yet given a timeline to launch its 5G services

Google may face a third CCI fine in less than a month. Now for Android TV

Google has already been fined in previous two cases for "abusing its market dominant position" in connection with the Android mobile device ecosystem

Britannia Industries' shares jump nearly 10% after Q2 profit beat

Shares of India's Britannia Industries Ltd rose as much as 10% on Monday, after the Good Day and Tiger biscuits maker reported late Friday a 28.4% jump in second-quarter consolidated net profit

upGrad to invest $30 mn to launch 10 global campuses in US, India next year

Under a new brand name 'UGDX', the company said it will open three campuses in the US (the San Francisco unit), five in India (Delhi and Chennai) and one each in Singapore and Middle-East

Is Elon Musk rewriting the HR rulebook at Twitter?

Elon Musk is facing backlash for unceremoniously expelling so many employees from Twitter. Is Musk setting a new trend where owners can brush aside the HR rulebook and write their own edicts?

BankBazaar to turn profitable in FY23; to go for IPO by next calendar: CEO

BankBazaar.com, which eyes to become the most profitable co-branded credit card platform, expects to turn profitable this fiscal and plans to file for an IPO by 2023 end, CEO Adhil Shetty said

Maruti production cost has remained constant for years: R C Bhargava

Bhargava says that each year the company, based on workers' suggestions, has saved around Rs 300 crore in costs

Maruti chalks out road to FY24 with 2.4-million production capacity

Maruti Suzuki chairman R C Bhargava says that each year the company, based on workers' suggestions, has saved around Rs 300 crore in costs

Bandhan Bank, UPL, Macrotech and Nykaa offer highest upside potential

Consensus target price for these stocks well above current market price

Cement firms raise FY23 capex amid cost pressure, aluminium cos trim plans

While UltraTech, ACC, Ambuja intend to go ahead with capex, Analysts point to volatility in global aluminium prices for Vedanta arm's revised capex guidance

Reliance Industries India's best employer, in top 20 worldwide: Forbes

Reliance Industries, the country's largest company by revenues, profits and market value, is India's best employer and the world's 20th best firm to work with, says the Forbes' rankings

Reliance Retail to buy 49% in Naturals Salon by first half of Q4: sources

Through funds raised from the deal, Naturals is planning to expand its footprint across the country. It currently runs 700 salons in 20 states and is planning to increase that to 3,000 by 2025

Reliance set to acquire METRO Cash & Carry India in 500 million euros deal

Reliance Industries is set to acquire German retailer METRO AG's Cash & Carry business in India in a deal estimated at around 500 million euros (Rs 4,060 crore), industry sources said