Page 33 - Company News
KC Das eyes UK comeback after 50 years, backs bilateral trade pact
Das said KC Das had established a presence in the UK as early as the 1960s but had to withdraw from the British market in 1965 due to state milk order
 "KC Das eyes UK comeback after 50 years, backs bilateral trade pact")
Zomato terminates nearly 5,000 gig workers a month: Deepinder Goyal
On raising capital, Goyal said the company never gave predictions to investors and instead spoke only about the market size and the opportunity available
 "Zomato terminates nearly 5,000 gig workers a month: Deepinder Goyal")
Export to Venezuela less than 1% of total exports, says Bajaj Auto
The South American country has plunged into a crisis after the US captured its President, Nicolas Maduro, on Saturday
 "Export to Venezuela less than 1% of total exports, says Bajaj Auto")
Sobha Q3 sales bookings jump 52% to ₹ 2,115 cr on better housing demand
Out of the total sales, Sobha sold properties worth ₹1,512 crore in Bengaluru and ₹349 crore in the Delhi-NCR market
 "Sobha Q3 sales bookings jump 52% to ₹ 2,115 cr on better housing demand")
Bandhan Bank loans grow 10% to ₹1.45 trn in Q3, deposits rise 11%
The bank had reported loans and advances worth ₹1,32,019 crore in the corresponding period of the previous fiscal
 "Bandhan Bank loans grow 10% to ₹1.45 trn in Q3, deposits rise 11%")
D-Mart's standalone revenue from operations rises 13% to ₹17,612 cr in Q3
The company had registered ₹15,565.23 crore revenue from operations a year ago, Avenue Supermarts informed BSE in a regulatory filing on Friday
 "D-Mart's standalone revenue from operations rises 13% to ₹17,612 cr in Q3")
ONGC plans to store CO2 in depleted wells at Gujarat's Gandhar field
CO2 will be captured from nearby industrial sources in the Dahej area as well as ONGC's own Hazira plant, transported to the Gandhar wells and injected underground
 "ONGC plans to store CO2 in depleted wells at Gujarat's Gandhar field")
Indian deep-tech firm launches platform to fix missing loop in modern tech
NeuroPause Lab's work focuses on inserting this missing control loop into technology in a measurable and engineering-driven way
 "Indian deep-tech firm launches platform to fix missing loop in modern tech")
'No paid leave or social security': Gig union slams Zomato CEO's claims
Union questioned Zomato's earnings calculations and benefits, saying fuel costs, unpaid leave and limited insurance weakened claims of fair pay in the gig economy
 "'No paid leave or social security': Gig union slams Zomato CEO's claims")
Zomato CEO defends gig model, highlights 10.9% pay raise, job flexibility
Goyal explained that Zomato gig workers earn a steady income, get welfare support, have flexible schedules, and are not pressured by 10-minute delivery promises, countering claims of exploitation
 "Zomato CEO defends gig model, highlights 10.9% pay raise, job flexibility")
Marico expects high single-digit volume growth in Q3 India business
FMCG major Marico said its domestic business is expected to post high single-digit volume growth in the October-December quarter, with consolidated revenue growth in the high twenties
 "Marico expects high single-digit volume growth in Q3 India business")
Apple leads ECMS drive, ties up with five anchor vendors for India ops
These anchor vendors are expected to generate direct employment for over 27,614 people and create multiple times more indirect jobs
 "Apple leads ECMS drive, ties up with five anchor vendors for India ops")
CIL allows direct participation of foreign coal buyers in e-auction
Currently, overseas consumers access Coal India's coal only through Indian traders
 "CIL allows direct participation of foreign coal buyers in e-auction")
Supriya Life Sciences bets on regulated markets with new facility
The Mumbai-based pharma company has commissioned a ₹165-crore formulations plant at Ambernath to support contract manufacturing and strengthen its presence in regulated global markets
 "Supriya Life Sciences bets on regulated markets with new facility")
Devyani International-Sapphire merger set to add spice to QSR competition
Merger with Sapphire Foods will create a unified Yum! India franchise, while Devyani's non-Yum brands and acquisitions are expected to support topline growth
 "Devyani International-Sapphire merger set to add spice to QSR competition")
ITC sheds $7 billion as tax hike on tobacco products triggers rating cuts
ITC shares slump as steep excise duty hike on cigarettes wipes out over $7 billion in market value and triggers a spate of brokerage downgrades
 "ITC sheds $7 billion as tax hike on tobacco products triggers rating cuts")
LIC launches special campaign to revive lapsed life insurance policies
Campaign running from January 1 to March 2, 2026, allows revival of lapsed individual policies with concessions on late fees, aimed at restoring insurance cover for policyholders
 "LIC launches special campaign to revive lapsed life insurance policies")
No more fake Little Hearts: Delhi HC asks Amazon to delist copycat products
The copies were being sold online under the name 'Little Hearts' and looked very similar to Britannia's original product
 "No more fake Little Hearts: Delhi HC asks Amazon to delist copycat products")
Adani Total Gas slashes CNG, piped gas prices after PNGRB tariff reset
CNG and domestic piped natural gas prices have been cut by up to ₹4, the company said
 "Adani Total Gas slashes CNG, piped gas prices after PNGRB tariff reset")
Bajaj Auto reports 14% rise in total sales to 369,809 units in December
Total domestic sales were at 169,373 units last month as against 162,420 units in the year-ago period, up 4 per cent, Bajaj Auto Ltd said in a regulatory filing
 "Bajaj Auto reports 14% rise in total sales to 369,809 units in December")