Page 221 - Company News

Autodesk brings regional offering to India, enables local data storage

Autodesk now offers India as a primary data region, enabling AECO firms and public entities to meet regulatory needs with secure, local cloud storage and collaboration

Ambani draws no salary for 5th yr; his promoter group earns ₹3,600 cr

In 2024-25 (FY25), he got 'nil' as salary, allowances, and perquisites as well as retiral benefits, according to the latest annual report of the company

Bajaj Electricals Q1 results: Profit down 97% at ₹91 lakh on low sales

The company had posted a consolidated net profit of ₹28.11 crore in the corresponding quarter of the previous fiscal

Reliance flags crude supply risks amid US tariff blow on Indian exports

Reliance warns of refining margin pressure as US doubles tariffs on Indian goods to 50 per cent over Russian oil imports; 25 per cent came into effect on Thursday, second 25 per cent begins August 27

We are AI-first: Paytm CEO outlines vision for future of digital payments

He further emphasised that Paytm's focus on core payment operations and the continued strengthening of its business fundamentals

Akasa Air completes 3 yrs of flying; plans flights to SAARC, Asean regions

Akasa Air, which commenced operations on August 7, 2022, expects to have more than 30 planes in its fleet by the end of this year

With ₹20,000 cr plan, Adani eyes global-style airport business hubs

Adani Airports to invest ₹20,000 crore in city-side projects, with 70 per cent of the funds allocated to Mumbai and Navi Mumbai airports as part of its multi-phase expansion strategy

Adani Power receives LoI for 2,400 MW thermal plant in Bihar's Bhagalpur

The company will supply power from a greenfield 3x800 MW Ultra-supercritical thermal power plant, to be developed under the Design, Build, Finance, Own, and Operate (DBFOO) model

TCS to roll out salary hikes for 80% of staff starting September 1

TCS had paused salary hikes in April citing macroeconomic uncertainty but will now revise pay for staff up to grade C3A, covering 80 per cent of its workforce

Narayana Health to add 2,000 beds, expand insurance schemes in FY26

Hospital chain plans bed expansion, insurance scheme growth, and integrated care push; unveils AI heart tool to boost diagnostics and maintain momentum in FY26

Bajaj Auto cuts electric 2-W production by half amid rare earth shortage

Executive Director Rakesh Sharma told reporters in post-earnings call that they have already cut their e-2W production by as much as 50 per cent in July

Hyundai sees automotive demand recovery amid favourable govt policies

For the financial year 2025-26, HMIL projects its domestic growth to align with industry estimates of a low-single digit increase

Running for top spot, Japan's ASICS eyes Nike and Adidas' turf in India

It has carved out a product and pricing strategy for every city based on its market potential

Airtel in talks with govt on AGR dues-to-equity conversion: Gopal Vittal

Bharti Airtel MD Gopal Vittal says telco in talks with govt on converting Rs 40,000 crore AGR dues into equity, seeks parity with peers, and will abide by final decision

Jubilant FoodWorks to focus on Domino's, Popeyes expansion in India

Jubilant FoodWorks to expand Domino's and Popeyes in India, target 200 bps margin rise in three years, and cut delivery time from 30 to 20 minutes while growing store network

Hero FinCorp halts unsecured loans, aims 14% growth in FY26 disbursements

Hero FinCorp pauses unsecured lending over borrower over-leverage, shifts focus to secured loans, and targets 14% Y-o-Y growth in FY26 disbursements as part of balance sheet overhaul

India's mobile tariffs unfair, rich pay less than poor, says Airtel MD

A customer needs to pay ₹199 for a month-long connection which comes with unlimited local, STD, roaming calls and a 2GB data limit

Bajaj Holdings Q1 results: PAT doubles to ₹3,487 cr on strong investments

Bajaj Holdings & Investment Ltd (BHIL) on Wednesday reported a doubling of consolidated profit to Rs 3,487 crore for the first quarter ended June 30.

PVR INOX narrows Q1 loss to ₹54 crore on strong lineup, cost control

The company's revenue from operations rose by 23.38 per cent to ₹1,469.1 crore during the quarter compared with Q1FY25

EIH to open four hotels to expand presence in India's leisure market

The company will be expanding through its Oberoi and Trident brands for the new hotels under management contracts, it said in a release in a stock exchange filing