Page 343 - Company News

Vodafone Idea to amend shareholders' pact to let promoters keep control

The company will convene an extraordinary general meeting on June 3 to seek shareholder's nod for the same, according to a regulatory filing

India in 'sweet spot' amid tariff war, sees trade growth: Karan Adani

Karan Adani says US-China tariff war is boosting India's container trade, APSEZ to invest Rs 12,000 crore in FY26 and targets Vizhinjam port completion by 2028

JSW Steel to decide next steps on Bhushan Steel after reviewing SC order

JSW Steel on Friday said it will review the Supreme Court order rejecting the company's resolution plan to take over Bhushan Steel and decide on future course of action.

Phoenix Mills Q4 results: Profit falls 18% to ₹269 crore on lower income

Total income also declined to Rs 1,061.48 crore during the fourth quarter of the previous fiscal year from Rs 1,343.14 crore in the corresponding period of the preceding year

Infosys completes ₹532 crore acquisition of Australia's The Missing Link

The acquisition, completed via Infosys Singapore, will strengthen Infosys' global cybersecurity operations and bolster its presence in the Australian market

Triton Logistics aims to grow turnover to ₹500 crore in 2 to 3 years

Apart from that, the company is putting a lot of effort into digitalisation and that's a major area where Triton Logistics & Maritime is investing heavily

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Swiggy's scaling up of 'Bolt' comes at a time when its rival Eternal, formerly Zomato, has announced shutting down of the 'Zomato Quick' offering

M-M Finance to raise ₹3,000 crore through simplified rights issue process

The company's board on February 13, 2025, approved a fund raise of up to Rs 3,000 crore by way of rights issue to eligible shareholders, the non-banking finance company said in a regulatory filing

Jindal SAW Q4 results: Profit plunges 82% to Rs 87 crore

The consolidated total income of the company during January-March period dropped 8 per cent to Rs 5,067.5 crore

Oyo delays IPO to 2026 after SoftBank pushback, targets $7 bn valuation

Oyo and SoftBank did not immediately reply to a Reuters request for comment. India's blue-chip Nifty 50 is up about 3 per cent this year

Prime Focus to build Rs 3,000 cr film city over 200 acres in Mumbai

Founder of the company Namit Malhotra told PTI that the film city will come up over a 200-acre area within the financial capital that the state government has committed to allocate

Godrej Properties Q4 profit down 19% at Rs 382 cr; plans to raise Rs 2K cr

Total income increased to Rs 2,681.06 crore in the fourth quarter of the last fiscal year from Rs 1,914.82 crore in the corresponding period of the preceding year

Adani Power says hopeful Bangladesh will pay all outstanding dues

Adani had halved supply last year but CFO Dilip Jha said the company has resumed full supply since as the country's monthly payments started covering some of the dues

Kaleidofin raises $5.3 million from IDH Farmfit to grow agri-lending

This investment takes the total funds raised by Kaleidofin since inception to $42 million

Air India allows longer pilot shifts and rest amid Pakistan airspace ban

Air India believes the rerouting of flights to avoid Pakistan airspace could cost the airline an additional $600 million

Vedanta Resources weighs Zambia copper IPO to fund $1 billion investment

Vedanta has pledged to invest $1 billion in the operation as part of negotiations with the state to secure its return to Konkola copper mines

SC scraps JSW Steel's Bhushan Power & Steel resolution, orders liquidation

Shares of JSW Steel fell 5% on Friday after the Supreme Court rejected its resolution plan, calling it 'illegal'

Coal India's April offtake drops 1.2% to 63.4 MT from year-ago level

Coal production by Coal India was almost flat at 62.1 million tonnes in April. It had produced 61.8 MT of coal in the year-ago period, the filing added

Priority Jewels files draft papers with Sebi to mop-up funds via IPO

Proceeds from the fresh issue to the extent of Rs 75 crore will be utilised for payment of debt, besides, a portion will be used for general corporate purposes

Hero MotoCorp dispatches dip 43% in April, hit by production pause

Domestic sales declined to 288,524 units last month, down from 5,13,296 units in April last year