Page 203 - Company News

Rapido launches Ownly app, enters food delivery with zero-commission model

Ride-hailing firm Rapido debuts its Ownly app in Bengaluru, challenging Swiggy and Zomato with a zero-commission model for restaurants

Brigade Group Q1 profit surges 95% to ₹158 cr on strong residential sales

Robust residential demand and strong launch pipeline drive Bengaluru developer's stellar first-quarter performance

Infosys sets up JV with Telstra; to acquire 75% stake in Versent Group

Infosys will have operational control, while Telstra will continue to retain a 25 per cent minority stake in Versent Group

Salesforce merges CFO, COO roles as leaders embrace AI strategically

Robin Washington says merging CFO and COO functions improves business insight; Salesforce study finds APAC CFOs rapidly adopting AI for growth and efficiency

Adani Group's new copper smelter applies to become LME-listed brand

According to Adani, the $1.2 billion Kutch Copper facility in the western state of Gujarat is the world's biggest single-location plant of its type

Kalpataru posts Rs 49 crore loss in Q1 FY26 despite strong pre-sales

The realty firm saw an 83% rise in pre-sales and 101% surge in sale realisation, but revenue declined due to project completion-based accounting

Tesco to set up distribution hub, create 15,000 jobs: K'taka Industries Min

The government will respond proactively to those keen on investing, Patil assured

DGCA issues warning letter to Air India, seeks stricter compliance

Campbell, who is the CEO and MD, is also the Accountable Manager of the Tata Group-owned airline

ICICI Bank revises minimum account balance to ₹15,000 from ₹50,000

The revised MAB for new accounts now stands at Rs 15,000 for metro and urban areas, Rs 7,500 for semi-urban, and Rs 2,500 for rural branches, effective August 1

TACC, CRRI partner to boost graphene use in durable road construction

This initiative will help redefine the road-building process, while driving the nation closer to its national and global sustainability goals, a statement said

Paytm's PA nod may increase market competition in digital payments

RBI's in-principle approval allows Paytm to resume merchant onboarding, lifting 2022 restrictions and opening the field to stronger competition in the payments space

India to be key driver of our long-term growth: Amazon's Samir Kumar

Kumar said India is among the fastest-growing markets for the company

Tata Sons shareholders to vote on Noel Tata, 3 others at AGM on Thursday

The online AGM will also review Tata Capital's upcoming IPO, a proposed ₹64,900/share dividend, and Tata Sons' request to remain private amid RBI listing deadline

Brigade Hotels signs agreement to build 6 new Marriott hotels by FY30

Hotels to come up under The Ritz-Carlton, Fairfield by Marriott, JW Marriott and Courtyard by Marriott brands

Air Canada to cancel flights from Thursday amid looming cabin crew strike

The airline said the first flights will be cancelled Thursday, with more on Friday and a complete cessation of flying by Air Canada and Air Canada Rouge by the weekend

Arintra secures $21m Series A funding led by Peak XV for AI medical coding

The funding, joined by Endeavor Health Ventures and Y Combinator, will boost Arintra's US expansion, product development, and team growth while setting up a Bay Area base

Samvardhana Motherson Q1 results: Net profit drops 46% to ₹606 cr

The auto components major had posted a net profit of ₹1,115 crore in the April-June quarter of the last fiscal

Oswal Pumps bags ₹442 cr order to supply solar pumps in Maharashtra

Besides, the company will also be responsible for the installation, testing, and commissioning of the off-grid direct current pumping systems at identified farmers' sites across Maharashtra

Mahindra plans to export EVs to UK with trade agreement in place

The Mumbai-based auto major is a leading player in the electric vehicle segment in the domestic market and expects EVs to comprise 30 per cent of its overall sales by 2030

Tata Motors enters Dominican Republic with range of commercial vehicles

The launch marks a significant milestone in the company's global expansion strategy and introduces a tailored portfolio of commercial vehicles