Page 2004 - Company News

Strong bookings and new launches to keep DLF on higher growth trajectory

REIT listing and valuations are triggers, but rising interest rates is a concern: Analysts.

Woodland seeks 20% topline growth of over Rs 1,200 cr this fiscal

Owned by Aero Club, the privately-held Woodland closed FY22 with Rs 1,000 crore revenue and has set a target of crossing Rs 1,200 crore this year or clawing back to the pre-pandemic sales this fiscal

IGL to invest Rs 8,000 cr in five years to expand CNG gas network: CEO

Indraprastha Gas Ltd, the nation's largest CNG retailer, will invest about Rs 8,000 crore in the next five years to expand the city gas network of CNG stations and pipelines

JSW Steel increases quantum of pulverised coal purchased from Russia

JSW Steel has increased the quantum of pulverised coal being purchased from Russia to 10-15 per cent of its requirements in recent times, the company's Deputy Managing Director Vinod Nowal said

Daimler India logs 48% growth in truck wholesales from previous year

Daimler India Commercial Vehicles Pvt Ltd (DICV) on Friday reported 48 per cent growth in truck wholesales at 14,222 units in 2021.

Hackers, fraudulent customers stole Rs 7.38 cr, complaint lodged: Razorpay

Hackers and fraudulent customers have stolen Rs 7.38 crore by tampering and manipulating the authorisation process of Razorpay

Thermax's net profit tumbles 4.4% to Rs 103.2 cr in March quarter

Thermax on Friday reported a 4.4 per cent decline in consolidated net profit at Rs 102.54 crore for the quarter ended March.

HeidelbergCement India Q4 net profit sharply falls 33.13% to Rs 93.61 cr

HeidelbergCement India Ltd on Friday reported a 33.13 per cent decline in its net profit to Rs 93.61 crore for the fourth quarter ended March 2022, mainly due to higher operating costs.

After United States, Canada bans China's Huawei, ZTE from 5G networks

After the US, Canada has now moved to ban Chinese telecommunication giants Huawei and ZTE from its 5G networks in order to ensure the "long term safety of our telecommunications infrastructure".

MOPE invests Rs 194 cr in Pathkind Diagnostics for undisclosed stake

Motilal Oswal Private Equity on Friday announced that a fund managed by it has made an investment of Rs 194.4 crore or $25 million in Pathkind Diagnostics for an undisclosed stake.

ZincSearch raises $3.6 mn in seed funding led by Nexus Venture Partners

ZincSearch has amassed more than 7,900 GitHub stars in just five months, making it one of the fastest-growing open source enterprise projects of the last 12-months.

Sona BLW expects two-third of revenues from EV components in coming years

With carmakers investing billions of dollars to build EVs, auto part suppliers are also diversifying their business towards new and clean technologies and moving away from gasoline-reliant supply chai

German retailer Metro looking to sell India operations for $1.75 bn: Report

The German retailer operates 31 cash-and-carry stores across India

SpiceJet flights stopped by Delhi ATC for non-payment of airport user fees

AAI has put SpiceJet on 'cash and carry' mode since 2020, due to the airline's inability to clear airport dues

WhatsApp will be open to all businesses through Cloud API: Mark Zuckerberg

This will be made possible by offering free, secure cloud hosting services provided by Meta

SC dismisses plea to review removal of Cyrus Mistry as Tata Sons head

The genesis of the dispute can be traced to the removal of Mistry as executive chairman of Tata Sons in 2016

Maruti to invest Rs 18k cr in Sonipat plant to roll out 1 milion units/year

Maruti Suzuki India (MSI) said its new manufacturing facility in Haryana, the company's third in the state, would reach peak production capacity of 10 lakh units per annum in the next eight years

Akasa Air launch may be delayed further as it awaits aircraft delivery

'Their (Akasa Air) aircraft delivery is delayed and it is expected to come around June /July. As far as other procedures are concerned, they all are on track,' says a DGCA official

Sajjan Jindal's JSW Infrastructure plans public listing by March 2024

The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing

RRR on your home screen: Movie hits help pay-per-view get an audience

Hindi version of the blockbuster will stream on BookMyShow's transactional video-on-demand platform from Friday.