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Page 349 - Company News

Databricks to hire hundreds, invest $250 mn in India to boost AI push

The San Francisco-based firm, one of the world's most valuable privately held tech companies, will increase its India headcount by more than 50 per cent to about 750 by the end of the fiscal year

Databricks to hire hundreds, invest $250 mn in India to boost AI push
Updated On : 24 Apr 2025 | 1:24 PM IST

Bhartiya Group launches new venture, to serve as GCC enablement platform

Group launches Bhartiya Converge, to open offices in US and Europe

Bhartiya Group launches new venture, to serve as GCC enablement platform
Updated On : 24 Apr 2025 | 1:13 PM IST

Lodha signs development agreement for 20,468 sqm plot in Pune's Wakad

A stamp duty of Rs 8.26 crore was paid by Macrotech for the deal, which was registered in March 2025

Lodha signs development agreement for 20,468 sqm plot in Pune's Wakad
Updated On : 24 Apr 2025 | 11:51 AM IST

Megha Engineering wins ₹12,800-cr NPCIL deal for Kaiga nuclear reactors

Hyderabad-based Megha Engineering makes its nuclear debut with NPCIL's largest-ever order, bagging a ₹12,800-crore deal to build two reactors in Karnataka

Megha Engineering wins ₹12,800-cr NPCIL deal for Kaiga nuclear reactors
Updated On : 24 Apr 2025 | 11:16 AM IST

Zomato denies report of food delivery CEO Rakesh Ranjan stepping down

Earlier reports claimed that Ranjan was stepping down as part of an internal reshuffle, with Zomato co-founder Deepinder Goyal expected to take interim charge

Zomato denies report of food delivery CEO Rakesh Ranjan stepping down
Updated On : 24 Apr 2025 | 11:07 AM IST

Tanishq charts course for double-digit growth as gold prices climb

Tata group jeweller expands 18 kt line; trims making charges

Tanishq charts course for double-digit growth as gold prices climb
Updated On : 24 Apr 2025 | 10:02 AM IST

Max Estates acquires stalled 'Delhi One' project, to invest ₹1,400 crore

Max Estates said it has taken over Boulevard Projects Pvt Ltd to revive Delhi One project in Noida, after 7 long years of wait

Max Estates acquires stalled 'Delhi One' project, to invest ₹1,400 crore
Updated On : 24 Apr 2025 | 9:33 AM IST

IPO-bound Ather Energy banks on upcoming Maharashtra unit for growth

Sets price band of Rs 304-321 per share for IPO which opens on April 28

IPO-bound Ather Energy banks on upcoming Maharashtra unit for growth
Updated On : 24 Apr 2025 | 12:32 AM IST

Spandana Sphoorty CEO Saxena resigns; CFO Damani named interim chief

The stock of the company closed six per cent lower at Rs 305.2 per share on BSE

Spandana Sphoorty CEO Saxena resigns; CFO Damani named interim chief
Updated On : 23 Apr 2025 | 11:27 PM IST

HoABL to build high rises in Mumbai; to invest ₹2.5K cr across 3 projects

The funding would be through a mix of internal accruals and debt for working capital and pre-sales

HoABL to build high rises in Mumbai; to invest ₹2.5K cr across 3 projects
Updated On : 23 Apr 2025 | 11:25 PM IST

BluSmart appoints Grant Thornton for forensic audit following Sebi scrutiny

BluSmart Co-founder Anmol Jaggi has been accused of misappropriating funds meant for electric vehicle purchases for personal gain

BluSmart appoints Grant Thornton for forensic audit following Sebi scrutiny
Updated On : 23 Apr 2025 | 11:21 PM IST

Amul's revenue touches ₹90,000 crore in FY25 on strong double-digit growth

Jayen Mehta, managing director (MD) at Amul told Business Standard, "We are now aiming for Amul to be a ₹1-trillion brand in FY26 as we expect the strong growth, seen across categories, to continue"

Amul's revenue touches ₹90,000 crore in FY25 on strong double-digit growth
Updated On : 23 Apr 2025 | 11:19 PM IST

DS Group hits ₹10,000 cr revenue mark, sets sights on ₹20,000 cr by 2029

Group to spend Rs 1000 crore in hospitality, to set up 10-12 luxury hotels in 3-4 years

DS Group hits ₹10,000 cr revenue mark, sets sights on ₹20,000 cr by 2029
Updated On : 23 Apr 2025 | 11:13 PM IST

Adani Airport unit seeks $750 million loan from international banks

Adani Airport Holdings Ltd. manages seven major airports across India and is nearing the launch of a new $2 billion international hub on the outskirts of Mumbai

Adani Airport unit seeks $750 million loan from international banks
Updated On : 23 Apr 2025 | 11:07 PM IST

Rallis India Q4 results: Clocks ₹2,663 cr sales; loss widens to ₹32 cr

The company's loss stood at Rs 21 crore during the corresponding quarter of the previous financial year, Rallis India said in a regulatory filing

Rallis India Q4 results: Clocks ₹2,663 cr sales; loss widens to ₹32 cr
Updated On : 23 Apr 2025 | 11:03 PM IST

Wendt India Q4 results: Profit slips 3.7 % to ₹12.9 cr; revenue up 8%

The city-based company, part of the diversified Murugappa Group, had registered a profit of Rs 13.38 crore during the corresponding quarter of the previous financial year

Wendt India Q4 results: Profit slips 3.7 % to ₹12.9 cr; revenue up 8%
Updated On : 23 Apr 2025 | 10:40 PM IST

Tamilnad Mercantile Bank Q4 results: Net profit up by 15% to ₹292 crore

The bank's deposits increased to Rs 53,689 crore, up from Rs 49,515 crore last fiscal

Tamilnad Mercantile Bank Q4 results: Net profit up by 15% to ₹292 crore
Updated On : 23 Apr 2025 | 10:14 PM IST

ICAI's Financial Reporting Review Board to review Gensol's books

The review is being undertaken by the ICAI on a suo motu basis, Charanjot Singh Nanda, president, ICAI, said

ICAI's Financial Reporting Review Board to review Gensol's books
Updated On : 23 Apr 2025 | 9:46 PM IST

ED attaches fresh assets worth over Rs 1,500 crore in Sahara case

A provisional order was issued by the federal probe agency under the Prevention of Money Laundering Act (PMLA) to attach a total of 1,023 acres of land of Sahara Prime City Limited in 16 cities

ED attaches fresh assets worth over Rs 1,500 crore in Sahara case
Updated On : 23 Apr 2025 | 9:23 PM IST

Hyderabad-based Hearzap announces Rs 8-cr ESOP, to double expansion by FY28

Furthermore, with a projected revenue growth of 20 per cent in FY 2024-25, this initiative would empower team members to build personal wealth while growing with the organisation, the company believes

Hyderabad-based Hearzap announces Rs 8-cr ESOP, to double expansion by FY28
Updated On : 23 Apr 2025 | 9:14 PM IST