Page 381 - Company News

Kolkata-based Mihup eyes IPO, in advanced talks with leading automaker

The company, which has raised Rs 100 crore in venture funding, including Rs 50 crore in October last year, is also preparing for an initial public offering (IPO) within the next two years

Allianz SE eyes partnership with Jio Financial after ending $2.8 billion JV

German firm Allianz may join hands with Mukesh Ambani-led Jio Financial Services as it seeks fresh entry into India's life and general insurance sector

Company considering deals as it struggles for growth, says Samsung CEO

The South Korean firm has been suffering from weak earnings and sagging share prices in recent quarters

India to become Marriott's 3rd-largest mkt in 5 years: CEO Anthony Capuano

India is currently the NASDAQ listed chain's fifth largest market

Promoters will infuse capital into IndusInd Bank if needed: Ashok Hinduja

Bank is currently well-capitalised; awaiting RBI clearance for stake raise from 15% to 26%

LIC to announce acquisition in health insurance firm by Mar 31: CEO Mohanty

LIC MD & CEO Siddhartha Mohanty said a decision on acquiring stake is likely by March 31, but he didn't disclose the health insurer's name

Indusind Bank's funding cost shot up 15bps in a week amid derivative loss

IndusInd Bank raised Rs 11,000 crore by issuing certificates of deposit (CDs) across a range of maturities

India sales may rev up soon to be among top 5 markets for Mercedes-Maybach

Mercedes-Benz India had its best year in its 30-year history in 2024, selling 19,565 vehicles-a 12.4 per cent year-on-year growth

Pilgrim secures Rs 200 crore funding at Rs 3,000 crore pre-money valuation

The beauty brand will use the funding to help the online brand deepen its offline presence and enhance research and development capabilities

Vi to launch 5G in Mumbai today, to expand by April-end: CTO Jagbir Singh

Keeping focus on 4G, telco has added 100K tech sites until Feb

Infineon aims to double India workforce to 5,000 by 2030, says CMO

Going ahead, the company intends to continue supporting its Indian partners and customers to leverage growth opportunities, as the country remains a high-growth market for Infineon, he said

Supply chain issues may hit aircraft deliveries for 4-5 yrs: Air India CEO

The CEO also said that leasing planes is not an easy solution either

Paytm Money receives Sebi approval to offer research analyst services

Paytm's share price rose 7.79 per cent, closing at Rs 742.45 on Tuesday on the Bombay Stock Exchange

Brookfield Corp sells 5.13% unit holding in BIRET for Rs 883 crore

The units were disposed of in the price range of Rs 283-283.04 per unit, taking the combined transaction value to Rs 883 crore

India high-growth mkt for Infineon; will double headcount by 2030: Official

India is a growth market and critical R&D location for the company, Infineon Technologies CMO and management board member Andreas Urschitz said during a media roundtable here

IIHL completes acquisition of RCAP; mgmt transfer to take place on Wed

"The transaction from our side is over. As we are speaking, money is moving from one escrow to another," Hinduja said while addressing the media here

'Was a mistake': Delhi Trademark office cancels profane biscuit brand name

The earlier acceptance of 'CHU#$%&RAM' had raised concerns among intellectual property experts regarding its approval process

TVS Group's Venu Srinivasan family advances leadership succession plan

Further to this MoU, it is now evident that a clear separation of ownership and management of businesses is happening between the children of Srinivasan and Mallika

Shriram Finance aims to increase market share in gold loan business

On the back of organised gold loan market expected to double in the next five years, the company has drawn up plans to introduce gold loan business in more branch networks

Alkem Laboratories eyes bigger pie of diabetes, weightloss market

Semaglutide, an active ingredient in drugs like Ozempic and Wegovy, is owned and produced by Novo Nordisk and is set to go off-patent in India in March 2026