Page 2330 - Company News

Vodafone Idea working on 'comprehensive' revival plan, banks to recast debt

Kumar Mangalam Birla, new investor to bring in fresh equity

CredAble launches UpScale to enable financial inclusion among SMEs

With UpScale, CredAble will penetrate deeper into the ecosystem with tailor-made solutions for small business owners

BharatPe to share equity worth $100 mn with merchants on its platform

The fintech unicorn said it is aiming for the merchant shareholding pool to be worth about $1 bn by the time it goes public

Amid widening losses, strong user addition drives growth for Zomato in Q2

Despite widening losses, stock gains on top-line showing, acquisition plans

Boom Motors forays into EV space; rolls out Boom Corbett at Rs 89,999

The bike features a 2.3 kWh- which can optionally be doubled to 4.6 kWh - giving the vehicle a best-in-class range of up to 200 kms

Q2 bookings, launches to maintain sales momentum for Oberoi Realty

Sharp run in stock prices over the past three months, however, caps near term upside

Nasdaq-listed Freshworks launches unified CRM solutions for start-ups

As part of Freshworks Startup Program, companies can get going with up to $3,000 in credits for Freshstack

Sebi cautions Zee Entertainment on delay in EGM notice

In a caution letter to Zee, the Sebi said any such aberration in future would be viewed seriously and appropriate action would be initiated

PTC India net profit rises 1% at Rs 195 crore in September quarter

The company on Thursday posted a marginal rise in consolidated net profit

Ajmera Realty profit up 48% to Rs 11.43 crore in September quarter

The firm on Thursday reported a 48% increase in its consolidated net profit

Bank of India holds loan outreach programme, disburses Rs 12,500-cr credits

The credit outreach programme was launched on October 16 by all banks across the country on the advice of Finance Minister Nirmala Sitharaman

Top headlines: Tata Steel Q2 PAT surges 661%; ZEEL Q2 net profit rises 187%

Business Standard brings you the top stories from today

Rivian about to surpass GM as second most valuable US carmaker

Rivian will surpass General Motors if a surge in the price of its shares hold

Govt asks ONGC to consider selling 60% stake in key oil, gas fields: Report

India, the world's third biggest oil consumer and importer, wants to quickly monetise its oil and gas reserves and has been asking ONGC for years to raise production

Garware Hi-Tech Films Q2 net profit rises 14.7% to Rs 43.34 crore

The company's total revenue during the quarter under review rose 36.28 per cent to Rs 339.62 crore

Govt invites bids from asset valuers for strategic sale of FSNL

The finance ministry on Thursday invited bids from asset valuers to assist the government in the strategic sale of Ferro Scrap Nigam Ltd (FSNL).

BGR Energy Systems post Rs 2.65 cr net profit in September quarter

The company on Thursday posted a consolidated net profit due to higher revenues

Apple supplier Foxconn buys Ohio EV factory for $230 million

Apple's largest manufacturing partner Foxconn is moving ahead with a plan to acquire a Lordstown Motors vehicle assembly plant in Ohio for $230 million, the companies have announced

Indiabulls Housing Finance Q2 net profit down 11% to Rs 286 crore

The comapny disbursed retail loans of Rs 325 crore in the month of September 2021 through its co-lending tie-ups

Future-Reliance Retail deal case: SC judge offers to recuse from hearing

Supreme Court judge Justice Hima Kohli said she and her family members have shares in Reliance Industries Ltd group firms, one of the interested parties to the litigation