Page 1941 - Company News

Tata Motors hikes passenger vehicle prices to offset rising input costs

Tata Motors on Saturday said it has increased prices of its passenger vehicle range with immediate effect to partially offset the impact of rising input costs

Necessary for us to comply with legal request: Razorpay CEO on Alt News

Amid the controversy over sharing transaction data of Alt News with the Delhi Police, Razorpay Co-founder and CEO Harshil Mathur said that it was necessary for them to comply with the legal request

Top headlines: Adani may join spectrum race, Musk pulls out of Twitter deal

Elon Musk pulls out of Twitter deal, micro-blogging platform vows legal fight

Adani may join telecom spectrum race, compete with Reliance Jio, Airtel, Vi

The telecom department's upcoming auction includes the coveted 5G band needed for high-speed internet connectivity

DoT gets applications from 4 firms to participate in 5G spectrum auction

The applicants include three telecom service providers - Bharti Airtel, Reliance Jio and Vodafone Idea

Pharma companies with quality compliance to be stronger: Piramal

Pharmaceutical businesses that have a strong track record of quality compliance and can remain agile towards new regulatory requirements, will emerge stronger as the impact of the pandemic decreases, according to Piramal Enterprises Ltd Chairman Ajay G Piramal.

Fourth quarter numbers being rechecked post-ransomware, says SpiceJet

The airline said its Q4 FY22 financial result was prepared before the ransomware attack

Life Insurers to benefit once again from low-base effect in Q1FY23

Analysts are more bullish on stocks of private insurers

SoftBank to bet on smaller ticket size for the second Vision Fund

The two funds together have invested over $11-12 billion in the country. Together with Softbank's direct investment, this goes up to $14 billion

GMR airports joint venture starts operating Indonesia's Medan airport

GMR Group on Friday said its joint venture Angkasa Pura Aviasi has started operating the Kualanamu International Airport in Medan, Indonesia

Tata Motors global wholesales up 48% to 316,443 units in April-June quarter

The company's global sales of all passenger vehicles were at 2,12,914 units, up from 1,61,780 units in June quarter of FY22

Indonesia's Bara Daya Energi outbids Adani in CIL tenders for coal imports

The Indonesian company quoted Rs 4,331 crore for the eastern coast tender and Rs 4,497 crore for the west coast.

Major tea firms stare at crop loss due to Assam floods, pest attack

"Our quick estimate indicates that the crop in June 2022 is lower by at least 20-25 per cent over June last year," said Sujit Patra, secretary, exports & market promotion, ITA.

Srei Equipment Finance's auditor Haribhakti resigns from immediate effect

In a letter to administrator of Srei Equipment Finance, Haribhakti cited RBI guidelines for the appointment of statutory central auditors /statutory auditors of commercial banks

Delhi HC asks ED to consider Vivo's representation on freeing bank accs

ED's money-laundering probe into Vivo revealed the company, to avoid paying taxes in India, remitted about Rs 62,476 crore of its turnover to China between 2017 and 2021

M&M, British Int'l Investment to build portfolio of five e-SUVs by 2027

British International Investment and Mahindra & Mahindra have reached a binding agreement to co-invest Rs 3,850 crore (Rs 1,925 crore each) at a valuation of Rs 70,070 crore

No signs of slowdown in attrition at TCS; firm says it has enough hands

TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains

Tata Tech plans IPO by fiscal-end, the first by Tata group in 18 years

The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO

TCS beats street estimates with 16.2% Q1 revenue growth; margins disappoint

Net profit misses estimate as salary hikes impacted margins by 150 bps

HAL, Safran sign agreement to create JV to build helicopter engines

HAL and Safran's existing partnerships include the Shakti engine that can propel helicopters to altitudes above 20,000 ft where the Indian Army is deployed.