Page 2183 - Company News

Welcome to the future of Air India: Maharaja's tomorrow rides on its legacy

Jitender Bhargava, former executive director of Air India, says the Tatas need to concentrate on three Ms to turn the airline around: Manpower, machinery, and marketing

AU Small Finance Bank net profit up 68% on strong expansion in NII

AU Small Finance Bank's net profit rose 68 per cent year-on-year (YoY) to Rs 302 crore in the third quarter of FY22

Central Bank of India net rises 69% to Rs 279 cr in December quarter

Central Bank of India's net profit rose by 69.1 per cent year-on-year (YoY) to Rs 279 crore in the third quarter ended December (Q3FY22)

Google to invest $1 bn in Bharti Airtel, to buy 1.28% stake for $700 mn

Google will set aside $300 million for potential investment in areas like smart phone access, networks, and cloud

Sebi bans Bullmatics Advisory, directors from securities mkt for six months

Bullmatics was engaged in investment advisory services without obtaining Sebi registration as an investment adviser

Shriram City Union Finance Q3 net profit rises 6% at Rs 322 crore

Shriram City Union Finance on Friday reported 6 per cent rise in consolidated net profit at Rs 322 crore for the quarter ended December 2021

Equitas SFB reports flat growth in net profit at Rs 108 cr in Dec quarter

The South-based SFB had posted a net profit of Rs 111 crore in the year-ago quarter

Market turmoil not to impact IPO valuation, says Vedant Fashions

The company, whose flagship brand is the male ethic 'Manyavar' label, has fixed its issue price band at Rs 824-866 a share

Tata Sons chairman N Chandrasekaran likely to head new Air India board

Sanjiv Mehta of HUL and former GIC CMD Alice Vaidyan are likely to be appointed as independent directors

SJVN gets a letter of intent to supply 200MW solar power to Bihar

The LoI has been issued after approval of tariff by Bihar Electricity Regulatory Commission

Blue Dart Express' profit after tax jumps 29.5% to Rs 123.4 cr in Dec qtr

The company had posted a consolidated PAT of Rs 95.30 crore in the corresponding quarter last year

Satin Creditcare raises Rs 225 crore via preferential allotment of shares

The funds will be used as growth capital to boost the company's position in the lending ecosystem

Jet Airways appoints Priyapal Singh as its 'accountable manager'

Grounded carrier Jet Airways has appointed Priyapal Singh as its 'accountable manager', replacing Sudhir Gaur who resigned from the company late last year, an airline source said on Friday.

India needs multi-pronged approach to connect 1.3 billion people: Airtel

India needs a multi-pronged approach to connect its 1.3 billion people and there will be no conflict of interest among vendor partners post Google's investment in Bharti Airtel

AU Small Finance Bank's net profit soars 68% to Rs 302 cr in Dec quarter

The Jaipur-based AU Small Finance Bank on Friday said strong loan sales and better asset quality have helped it post a strong set of financial numbers

Agrochemicals firm Dharmaj Crop Guard files IPO papers

The offer also includes a reservation for subscription by eligible employees

FAANG tech firms hiring more, metaverse to fuel jobs this year

The FAANG companies (Facebook-Meta, Apple, Amazon, Netflix, and Google) listed over 250,000 jobs in 2021 -- a rise of around 44 per cent when compared to 2020, a new report showed on Friday.

CAIT moves CCI against 'Chinese' firm Shopee for hurting Indian SMEs

CAIT Chairman Praveen Khandelwal said that Shopee is offering hefty discounts on various products by selling them at an extremely low price

Tangible profits make biz sustainable: Birla amid high valuation of cos

The Chairman of the USD 44-billion Aditya Birla Group also said that ultimately unit economics will have to matter.

'You want to run airlines or close it?' asks SC as SpiceJet gets reprieve

The Supreme Court stayed for three weeks the order of winding up SpiceJet after the airline claimed that it is looking to settle dispute over its outstanding dues with Swiss company 'Credit Suisse'