Page 2191 - Company News

LIC's net profit zooms to Rs 1,437 crore in H1FY22 ahead of IPO

The government is expected to mop up around Rs 1 trillion from LIC's IPO

Product launch success key for Maruti Suzuki to sustain stock rally

A strong Q3, order book and easing chip availability situation to support sentiment

Unilever set to cut about 1,500 jobs in big management shake-up

To create five product-focused divisions; move comes as Peltz builds stake

FRL seeks time on loan dues; independent directors accept Reliance's offer

Retailer asks apex court to direct banks on not labelling it NPA

Maruti Suzuki Q3 results: Net profit skids 48% on global chip shortage

Expects no demand let-up; targets production ramp-up in Q4

Star-studded startup Socialswag gets IMEF on board for next stage of growth

Its promoters and founders include celebrities such as actors Akshay Kumar and Rana Daggubati as well as tennis ace Mahesh Bhupati among others

Amin Lakhani elevated as CEO Mindshare, Parthasarathy Mandayam CSO GroupM

Amin and Maps will continue to drive growth and transformation agenda for clients and internal stakeholders, says GroupM

Torrent Pharma net profit drops 16% to Rs 249 crore in third quarter

The company's revenue from operations in the third quarter stood at Rs 2,108 crore as compared to Rs 1,995 crore in the same period of previous fiscal

Bhavish Aggarwal-led Ola Electric starts work on building electric cars

According to sources, the SoftBank-backed company is gearing up to launch its electric car by 2024

Air India pilots warn legal action on dues two days before Tata handover

The development comes two days before the handover of the airline to Tata group

Insolvency process: Banks put 4 mega power projects on the block

Several ARCs, the Tatas, JSW and the Adani group expected to bid for these

TVS SCS gears up for IPO; family settlement may get NCLAT nod in 6 weeks

TVS Supply Chain Solutions, the logistics arm of $8.5-bn TVS Group, will launch a Rs 3,000-cr IPO sometime in 2022-23

Indegene expands global ops with new nearshore centres in Americas, Europe

Bengaluru-based Indegene's new global development centers in Mexico, Poland and Ukraine build on the firm's capabilities, support life sciences organisations nearshore and ensure business continuity

HUL says India continues to be among top 3 priority markets for Unilever

Hindustan Unilever said India continues to be among the top three priority markets for its parent Unilever, which has announced an organisational restructuring

GE T&D India to sell global engineering biz to GEIIPL for Rs 140 crore

GE T&D India Ltd board has approved a proposal to sell its Global Engineering Operations Division (GEOD Business) to GE India Industrial Private Ltd (GEIIPL)

Finolex Industries' net profit declines 30.5% to Rs 178 cr in Dec quarter

Finolex Industries reported a massive 30.5 per cent decline in net income to Rs 1,177.8 crore for the three months to December 2021 from Rs 255.9 crore a year ago

Indiabulls Real Estate reports Rs 87 crore loss in December quarter

Indiabulls Real Estate Ltd (IBREL) reported a consolidated net loss of Rs 87.21 crore for the quarter ended December.

Inox Wind Energy gets shareholders' nod to raise up to Rs 90 crore

Inox Wind Energy on Tuesday said it has got shareholders' approval to raise up to Rs 90 crore through issuance of 10.62 lakh convertible warrants.

Internal management: Edtech company Eruditus's next big challenge

Internal management is the primary task before the founders of the edtech company as it witnesses rapid growth

Adani Wilmar raises Rs 940 crore from anchor investors ahead of IPO

Adani Wilmar Ltd said it has garnered Rs 940 crore from anchor investors, days before its IPO roll-out