Page 363 - Company News

Amazon onboards BRISKPE as PSP to help Indian sellers scale globally

BRISKPE, backed by global investment firm Prosus, has rolled out the 'Launchpad', a new initiative aimed at transforming how Indian sellers expand globally

Belrise Industries acquires H-One India to expand production capacity

The move is aimed at expanding Belrise's design and manufacturing capabilities and strengthen its position as a supplier of chassis systems and body-in-white parts in the Indian automotive market

HAL slams reports with 'malicious intent' after chopper crash in Gujarat

HAL said that it cannot respond to or comment on all these reports one-on-one due to the sensitive nature of Defence issues and products

Morepen to hire 1,000 medical representatives to boost formulations biz

Currently, Morepen's formulation business stands around Rs 325 crore, and the company is targeting to touch Rs 1,000 crore in the next five years

Cipla gets USFDA nod to market generic version of cancer drug Abraxane

Cipla's protein-bound paclitaxel is a generic therapeutic equivalent version of Bristol Myers Squibb's Abraxane for injectable suspension 100 mg/vial

Bajaj Auto non-executive director Madhur Bajaj passes away at the age of 63

Bajaj had been admitted to Breach Candy Hospital in South Mumbai a few days back due to a health issue

From Daikin to Samsung, companies fight Indian govt over e-waste policy

Daikin, Hitachi and Samsung are among manufacturers raising concerns over new Indian government rules mandating significantly higher payments for recycling appliances like ACs, refrigerators and TVs

Delhivery says Ecom Express overlap won't complicate integration or growth

Logistics firm Delhivery expects margin accretion of ₹300 crore over two quarters post-deal

Hotel chain Hyatt bets on India's population boom to fuel revenue growth

Hyatt said it plans to open six hotels in India, home to roughly 1.4 billion people, this year including in smaller cities from northern Ghaziabad to southern Kochi

TCS defers salary hikes amid global uncertainty, US tariff concerns

The hikes will be implemented later in the financial year, once there is greater clarity and the outlook improves, company executives said at a press conference on Thursday

Adani Enterprises to launch world's largest copper smelter in four weeks

In the next four weeks, we're starting the largest metallurgical complex of copper and other metals in the world- Head of metals of firm said

US reciprocal tariffs, market volatility cast shadow on India's M&A scene

Bankers say several big-ticket deals now on pause as buyers seek time to navigate valuation fog

BSH Home Appliances India witnessed positive sales momentum in 2024

Siemens Cooking delivered its highest-ever sales growth at 22 per cent, with built-in ovens contributing over 50 per cent to the category

Tata Consultancy Services announces Rs 45,612 crore total dividend for FY25

With this final dividend, TCS's total dividend payout for the financial year would be Rs 45,612 crore-significantly higher than the FY24 dividend of Rs 26,426 crore

Granules India completes acquisition of Swiss CDMO Senn Chemicals AG

The acquisition was executed through Granules' wholly owned subsidiary, Granules Peptides

Adani Energy's transmission network grows 30% to 26,696 ckm in Mar quarter

New order wins led to an increase in the transmission network to 26,696 ckm, highlighting strong bidding capabilities and robust underlying opportunity

Amazon cuts China orders as US tariffs jump to 125%, sellers feel strain

US raises tariffs on Chinese imports to 125 per cent from earlier stated 104 per cent. This came after China retaliated with 84 per cent tariffs on US goods

Lenders to SPV in Delaware sue Byju Raveendran for 'stealing' $533 mn

Edtech pioneer, wife and close business associate accused of 'masterminding theft of more than half a billion dollars'

Square Port, Damen partner to develop ships for domestic, global markets

Square Port Shipyard has signed a Memorandum of Understanding (MoU) with Damen Technical Cooperation BV to develop its shipyard and build ships for local and international markets, it said

GreenLine invests $275 mn in green logistics; Kamath backs with $20 mn

India's road logistics sector, with over 4 million trucks already in operation and continuing to grow, remains one of the country's most carbon-intensive industries