Page 209 - Company News

Economic ties boosting growth, India key for AI, tech: Microsoft India Prez

Chandok, President of Microsoft India and South Asia, said that while AI now writes 30 per cent of the company's code, a massive tech debt remains on the supply side in the industry

Dream11 parent Dream Sports testing new app to enter financial services

Dream Sports has been a major real-money gaming player in India, but it has to close its money-based games after the government banned all forms of online money games

CARE Ratings upgrades Punjab & Sind Bank tier-II bonds on asset gains

The rating has been upgraded from CARE AA- with Positive outlook to CARE AA with Stable outlook, the bank has said in a regulatory filing

28 listed Indian realty firms sell ₹53k crore in properties, Prestige leads

DLF Ltd, the country's biggest realty firm in terms of market capitalisation, stood at the second position

BPCL outperforms rival PSUs in Q1, records industry-best per-pump sales

Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) reported a combined profit of Rs 16,184 crore

Starlink permit bars copying, decryption of Indian data abroad: MoS Telecom

The minister said that security conditions mandate satellite communication providers to set up earth station gateways in India through which communications from satellite to users are routed

Credit card business to get fresh push from November onwards: PNB MD

The bank is planning to reshape this entire activity and come up with new direction for growing the credit card business

IHCL eyes strategic acquisitions to expand presence in key markets: MD

As part of its 'Accelerate 2030' strategy unveiled earlier, IHCL has set a target of over 700 hotels in its portfolio by 2030.

After SBI, Bank of India declares RCom, Anil Ambani's account fraudulent

State-owned Bank of India granted a ₹700 crore loan in August 2016 to Reliance Communications for its ongoing capital and operational expenditure and repayment of existing liabilities

Mahindra scouts land for new plant, aims to expand service network

The Mumbai-based auto major has unveiled its all-new modular, multi-energy NU IQ platform that will support a new range of SUVs

Spotify flags price rises as it introduces new services, features: Report

Earlier in August, the Swedish firm said it would increase the monthly price of its premium individual subscription in some markets from September

Adani Agri Fresh starts 2025 apple procurement in Himachal at ₹85/kg

Procurement will begin on August 24 at AAFL's facilities in Rohru, Rampur, and Tutu-Pani, on August 25 at Sainj and Jarol-Tikkar, and on August 28 at Reckong-Peo

Anil Ambani refutes all charges following CBI action in bank fraud case

At present, Reliance Communications is being managed under the supervision of a Committee of Creditors, led by SBI and overseen by a Resolution Professional

Yes Bank stake sale to Sumitomo gets RBI approval for 24.99% acquisition

The RBI has approved Japanese lender Sumitomo Mitsui Banking Corporation to acquire up to 24.99 per cent stake in Yes Bank; the approval is valid for one year and SMBC will not be a promoter

CCPA fines VLCC Rs 3 lakh for misleading CoolSculpting slimming ads

It was found that VLCC was making exaggerated claims of drastic weight loss and inch reduction within a single session, which went far beyond the actual approval granted to the CoolSculpting machine

WestBridge Capital picks 15% stake in Edelweiss AMC for ₹450 crore

Global investment firm WestBridge Capital is acquiring a 15% stake in Edelweiss Asset Management for Rs 450 crore, valuing the firm at Rs 3,000 crore, Edelweiss Financial Services announced

APSEZ launches Kalamassery Logistics Park in Kochi, to create 1,500 jobs

Adani Ports has launched a ₹600-crore Logistics Park in Kochi's Kalamassery; the project will create over 1,500 jobs, support trade, and boost Kerala's role as a growing logistics hub

CBI books Anil Ambani's RCom for ₹2,000 cr bank fraud, searches premises

The entities were declared fraudulent on June 13 under RBI's Fraud Risk Management rules and SBI's board-approved policy, MoS Finance Pankaj Chaudhary told the Lok Sabha last month

CloudMosa looks to the cloud to speed up 4G feature phone journey

CloudMosa sees its offering as a big opportunity to hasten the upgradation of consumers from 2G to 4G feature phones

Dao Division, Bharti Airtel partner to boost connectivity in Arunachal

The agreement marks a significant step in bridging the digital divide in these strategically essential yet geographically remote regions