Page 345 - Company News

Orient Green Power Q4 results: Loss narrows to Rs 15 cr as revenue up 15%

The board has also approved the reappointment of Kodumudi Sambamurthi Sripathi as Chairman, Non-Executive & Independent Director of the company for 5 years with effect from November 3, 2025

Exide Industries Q4 results: PAT falls 10% to Rs 255 cr on higher costs

The company's standalone profit after tax fell 10.3% year-on-year to Rs 255 crore ($30.1 million) for the three months ended March 31

Indian Oil to import LNG under 5-year agreement with US-based Trafigura

India is seeking to increase its energy purchases from the United States to address trade imbalances with the world's largest economy

Vedanta Q4FY25 results: Profit surges 154% to ₹3,483 cr on higher volumes

The income of the company in the January-March quarter increased to Rs 41,216 crore over Rs 36,093 crore in the year-ago period, Vedanta said in a filing to BSE

Aster DM acquires 5% stake in QCIL via Rs 849 cr share swap deal

The transaction involved Aster DM Healthcare acquiring 1,90,46,028 equity shares of QCIL from BCP and TPG, the company noted

Ikea launches its first 'Plan & Order Point' service in India

This service will be available at its experience centre in East Bengaluru and spans 740 sq metres

Blinkit-Airtel SIM delivery paused as DoT asks telcos to abide by KYC norms

The move came after DoT queried Airtel on the process being followed and made it clear that stipulated norms have to be complied with

Japan's Rakuten to invest $100 mn in India, increase hiring: India unit CEO

Rakuten currently employs 4,000 people in India - 90 per cent of whom are tech staff - and plans to recruit people who it considers "power users" of AI

Inox Green to handle operations, maintenance for 675 MWp solar projects

This agreement marks Inox Green's entry into solar O&M -- a sector which is poised to increase multi-fold over the next decade, providing immense growth opportunities for the company, the company said

RBI approves interim leadership team after IndusInd CEO Kathpalia quits

IndusInd Bank CEO Sumant Kathpalia resigned after audit firm Grant Thornton found nearly ₹2,000 crore in losses related to the bank's derivatives portfolio

Apple steps up iPhone production in India amid US-China trade tensions

As US-China trade tensions escalate, Apple is rapidly shifting its iPhone production to India, with new factories starting up and record shipments already underway

Prestige Group aims ₹12,000 cr revenue from Ghaziabad township project

The first phase will have 3,421 homes across 19 towers, with unit sizes ranging from 1,681 sq ft to 6,026 sq ft

SBI mulls equity capital raise in FY26; board to discuss proposal

SBI's share closed 0.72 per cent lower at Rs 811.75 per share on the BSE. The board is also considering the results for the fourth quarter ended March 2025 and annual results for FY25 on May 3, 2025

Cautiously optimistic amid global headwinds: HCL Chair Roshni Nadar

The fund will invest in the pilot stage of 20 for-profit companies and ideas working in the areas of cooling, buildings, and freight which are market-ready

PNB Housing Finance eyes retail book of Rs 1 trillion by FY27: MD & CEO

Roshni is a product of PNB Housing Finance which promotes affordable housing, especially among first-time buyers

Max Healthcare plans to expand bed capacity by at least 30% in FY26

Company inaugurates 300-bed greenfield hospital in Delhi's Dwarka, aims to invest ₹6,500 cr by FY28

PE firm TPG sells 3.9% stake in Tata Technologies for ₹1,068 crore

The shares were disposed of at an average price of Rs 673.26 apiece on the National Stock Exchange (NSE), taking the aggregate deal value to Rs 1,068.05 crore

Philips eyes strong double-digit growth as India nears top-five market spot

Philips on Tuesday launched premium electric shavers Philips Series 7000, i9000 and Philips i9000 Prestige Ultra, which are designed with AI-powered SkinIQ technology

Delhi HC orders status quo on 95 more EVs leased to Gensol, BluSmart

Appoints court receiver for upkeep, maintenance of cars, asks Gensol, BluSmart to not interfere

Using public data to train ChatGPT not commercial activity: OpenAI to HC

ChatGPT argued that training the LLM is both a commercial and non-commercial activity