Page 2487 - Company News

Brokerages upgrade Tech Mahindra on Q1 show, double-digit growth outlook

Inexpensive valuations provide support to the stock

IndiGo first Indian carrier to start ESG reporting, mulls use of green fuel

Meeting green goals will make the company attractive to global funds and lenders which are focusing increasingly more on sustainable investing

Volume recovery, margin expansion hopes drive gains for TVS Motor

Robust export sales, higher investment in electric vehicles are positives

Covid-19 pandemic: SII partners CII in push to vaccinate rural areas

SII will be working with the CII, which has set up vaccination camps in smaller towns and rural areas

Mastercard submits new audit to India after ban over data handling

The Reserve Bank of India (RBI) on July 14 sent panic-waves through Indian banking partners by announcing a ban, effective from July 22, to prevent the U.S. giant from issuing new cards.

Bandhan Bank Q1 net profit falls 32% to Rs 373 cr, asset quality weakens

Bandhan Bank stock settled 0.43 per cent up at Rs 291.30 on BSE.

Torrent Power to acquire 50 MW solar plant from Lightsource India

Torrent Power on Friday said it has inked an agreement with Lightsource India Ltd and Lightsource Renewable Energy (India) Ltd for acquisition of a 50 MW solar plant.

Kaspersky partners Bharti Airtel for selling cybersecurity software

Cybersecurity firm Kaspersky has partnered with Bharti Airtel to reach out to its over 34 crore customers for selling its security softwares at lower prices.

India should nationalise Vodafone Idea, head off Jio-dominated duopoly

Merging state-run telcos with a nationalised Vodafone Idea could save jobs and capital. Managed professionally, it could be a credible third player.

Leadership by example critical for building culture of ethics: Murthy

Leading by example and creating "messengers" at lower levels who can share values and ethics are critical instruments for building a "culture of ethics", Infosys co-founder N R Narayana Murthy said.

Marico Q1 PAT down 6% YoY to Rs 365 cr on steep rise in input costs

Net sales up 31.2% on a low base to Rs 2,525 cr, volumes grow 21%

Google files second transparency report in accordance with new IT Rules

Removes over 150,000 pieces of content based on complaints received in May and June, over 98% of which were related to copyright

Allcargo picks up 65% stake in Swedish logistics major Nordicon for $29 mn

The promoters of the Nordicon Group will own the balance 35 per cent and will continue to lead the company as a joint venture

JK Paper Q1 profit jumps manifold to Rs 104 cr on back of higher sales

JK Paper on Friday reported a multi-fold jump in consolidated net profit at Rs 104.22 crore for the first quarter ended June 30 on the back of higher sales and better realisation.

CCI approves minority stake-buy in Azure Power by OMERS Infrastructure

This will take place in a series of inter-connected steps, according to the statement

IndiGrid Q1 profit down 5% to Rs 81 crore; income rises to Rs 564 crore

Total income rose to Rs 564.99 crore in the quarter from Rs 367.45 crore in the same period a year ago

Daimler to keep 35% stake in trucks business, spin off this year

Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said, giving more details on a landmark corporate split it hopes will boost share values

Two-wheeler maker Hero MotoCorp commences retail operations in Mexico

Hero MotoCorp has established presence in various global markets over the last few years.

TaMo to invest Rs 28,900 cr in domestic biz, JLR in FY22: Chandrasekaran

The firm is also investing on development of hydrogen fuel cell vehicles, company Chairman N Chandrasekaran said

Supertech says will deliver over 8,000 flats to homebuyers by this December

Real estate developer Supertech said it will hand over to homebuyers 8,463 flats by December this year and a total of over 16,000 units by 2023 in delayed projects in Noida, Greater Noida and Meerut