Page 359 - Company News

Walmart leases 4.6 lakh sq ft in Chennai for Rs 3.26 crore monthly rent

The rent payable by Walmart will escalate by 4 per cent every year across the lease period that started on January 1, 2025

JioHotstar likely to touch 300 million users by May-end with IPL boost

The IPL will see its ad revenues rise by 50 per cent to touch $600 million (Rs 5,340 crore) across TV and the over-the-top (OTT) platform

Bombay HC takes on record consent terms entered into by Lodha brothers

The court appreciated the role played by the mediator, retired Supreme Court judge Justice R V Raveendran, in the process

Daikin India invests Rs 500 crore in new R&D centre in Rajasthan

The R&D centre will employ over 500 engineers and will have 22 new testing laboratories suitable for developing all heating, ventilation, air conditioning and refrigeration (HVACR) solutions

JSW Steel to invest ₹50,000 cr for 10 MTPA green steel for Europe

In March, the company had announced plans to increase the green steel capacity at Salav to 4 MTPA in phases

ICICI Lombard Gen Insurance Q4 results: Net profit slips 2% to Rs 510 cr

The total income of the company rose to Rs 5,851 crore in the quarter under review compared to Rs 5,165 crore in the year-ago period

Swiggy partners with labour ministry to create 1.2 million jobs in 3 years

The Union government has partnered with Swiggy to enhance job opportunities and streamline recruitment through its NCS portal

Ireda Q4 FY25 results: Net profit jumps 49% to Rs 502 cr, revenue up 37%

According to a company statement released on Tuesday, revenue from operations during the January-March period rose by 37 per cent year-on-year to Rs 1,904 crore

Reliance-ONGC-BP alliance wins Gujarat offshore block for exploration

In an unprecedented alliance, ONGC, Reliance, and BP won a Gujarat offshore block under OALP-IX. ONGC secured 15 blocks overall, while Vedanta won 7 out of 28 blocks offered in the latest bid round

Indian companies file $2.82 billion ECB plans with RBI in February 2025

Among the prominent firms that filed intent in February 2025 with the RBI is Tata Steel Ltd, for $750 million, for overseas investment in joint ventures and wholly owned subsidiaries

Bengaluru-based Table Space sees 41% growth in total portfolio in FY25

Table Space, which competes with co-working office providers like Awfis, Bhive, Indiqube and Smartworks, among others, has seen its overall space expand to 10.5 million sq ft

ICICI Prudential Life Q4 profit rises on strong group insurance demand

The insurer's standalone profit more than doubled to 3.86 billion rupees ($45 million) for the quarter ended March 31. Its quarterly net premium income grew 11% to 16.37 billion rupees

Adani Green Energy sees 30% surge in operational capacity in FY25

Operational solar capacity increased to 10,103 MW from 7,393 MW in FY24, while wind capacity grew to 2,000 MW from 1,401 MW a year ago. The hybrid capacity remained unchanged at 2,140 MW

Citigroup Q1 results: Profit soars on 23% jump in stock trading revenue

Stock trading jumped in the first three months of the year as investors rejigged their portfolios during a period of heightened uncertainty over President Donald Trump's tariffs

Poonawalla Fincorp forays into gold loan biz with quick financing solutions

Poonawalla Fincorp's entry into the gold loan business comes after the Reserve Bank of India (RBI) released draft guidelines on gold loans

Heading to the cricket match? Uber's free fan shuttle has Delhi-NCR covered

Ride hailing service Uber has launched free fan shuttles across Delhi-NCR to ferry cricket lovers to Arun Jaitley Stadium on match days, making travel easier

Neelu Analjit Singh to reclassify as public shareholder of Max Financial

In January this year, Analjit Singh, founder and chairman of the Max group, and his estranged wife Neelu Singh reached a global settlement ending nearly a three-year long dispute

Swiggy launches AI-powered Pyng app, enters professional services market

At the core of this experience is Pyng's Smart AI Assistance. It understands user queries and their nuances to recommend the most relevant professionals as per individual needs

Bank of America's Q1 profit rises on trading boost; stock gains 1.9%

Rivals JPMorgan Chase and Goldman Sachs have also reported stronger performance from their trading businesses

BC Jindal Group enters RE component space, to invest ₹15K cr by 2030

In a move to expand its business portfolio, the group will diversify and commence manufacturing of key components, including solar cells and modules