Page 1877 - Company News

No fuss, no follow up: Sunil Mittal praises govt on spectrum allocation

Says this is a first in his over 30 years of first-hand experience with Department of Telecommunications

Pharma firm Divi's FY23 growth shaped by high base, near-term weakness

Brokerages give add, accumulate or buy ratings given the company's growth and track record

Amid demand for SUVs, Maruti launches new generation of small car Alto K10

New K10 will be sold alongside the Alto 800; it comes with both five-speed manual and automatic gear shift

HAL signs agreement establishing footprint in Malaysia to export weaponry

Aerospace giant preparing for likely success in exporting Indian Tejas Mark 1A fighter

Net profit of banks rose 37.1% to Rs 44,048 cr in Q1FY23: BoB report

The net profit of the banks rose by 37.1 per cent year-on-year to Rs 44,048 crore in the first quarter of the current financial year, according to a Bank of Baroda research report

NHPC Ltd inks pact to develop Nepal hydropower plant left by China

Officials said India's NHPC Ltd signed a memorandum of understanding (MOU) on Thursday allowing it to study details like feasibility, environmental impact, inundation of land and construction costs

Tata Power subsidiary raises Rs 2,000 crore in green energy push

The transaction is part of the Rs 4,000-crore investment announced in April by Tata Power for its green energy business

Zomato-owned quick commerce firm Blinkit pilots print out service

Blinkit is charging an amount of Rs 9 per page for black and white printing and Rs 19 for coloured, according to media reports

Wipro bags deal from UK government treasury, to deliver service integration

IT company Wipro Limited has bagged a multi-year contract to deliver service integration and management services to the UK government treasury

Damani's budget grocery chain DMart eyes fivefold growth in heated market

Avenue Supermarts could scale up the chain known for its knockdown prices on everything from lentils to laundry powder to 1,500 supermarkets from 284

Don't implement one-charger plan until EU does: Industry to Centre

The industry bodies also said that the evidence-based policy making should be based on a thorough market and consumer research with a proper impact assessment on consumer ease against cost preference

Serum Institute, other firms eye tie-ups to develop monkeypox vaccine

Indian Immunologicals, and Haffkine Research Institute also in the fray

CCI clears proposed merger of JSW Ispat, Creixent with JSW Steel

Fair trade regulator Competition Commission of India (CCI) on Thursday approved the proposal to merge Creixent Special Steels and JSW Ispat into JSW Steel

JK Tyre bullish on demand, hikes price by 6-7% to offset higher input costs

Optimistic about demand growth in the current fiscal, JK Tyre & Industries Ltd on Thursday said it has increased price by 6-7 per cent and a further hike is under consideration

Blackstone sells 13.6% stake in auto component maker Sona BLW for Rs 4k cr

Private equity firm Blackstone on Thursday divested 13.6 per cent stake in auto component maker Sona BLW Precision Forgings Ltd for over Rs 4,000 crore through open market transactions.

Indian employees likely to see bigger salary hike in 2023, says report

Some of the sectors which have been included in the survey are- financial services, banking, and technology, media and gaming

Wipro holds back employees' variable pay due to pressure on margins

IT company Wipro has held back variable pay of employees mainly due to pressure on margins, inefficiency in its talent supply chain and investment in technology, according to sources

SpiceJet, Credit Suisse AG resolve financial dispute, inform SC

The top court noted the submission and said the parties concerned were at liberty to move the high court for release of the bank guarantee

Zomato-owned Blinkit to deliver printouts at your home in 10 minutes

Zomato-owned Blinkit on Thursday announced to deliver printouts at your doorsteps in 11 minutes, a move that will be useful for parents and working professionals alike.

Bed Bath & Beyond rally fizzles out as billionaire plans to dump stake

Billionaire investor Ryan Cohen's investment vehicle RC Ventures intends to sell 9.45 million shares, a filing late on Wednesday showed