Page 382 - Company News

HAL loses Rs 55 lakh in cyber fraud after scammers alter email address

HAL's Kanpur branch received an email from cybercriminals posing as the genuine US-based dealer

Petitions against Adani Green withdrawn as firm cancels Sri Lanka project

The withdrawal comes after the Attorney General filed a motion following Adani Green Energy's notification to the Board of Investment about its decision to cancel its wind energy projects

Apple loses German antitrust appeal, opening door for greater controls

With that, Apple joins Google parent Alphabet and Facebook owner Meta on Germany's growing list of tech giants subject to possible measures curbing their dominance

Sundaram Home expands presence in Chennai zone; aims Rs 50 cr disbursements

The company inaugurated a new branch in Ambattur after establishing its first branch in Tambaram in January this year

At 0.8 times book value, IndusInd Bank stock valued as 'cheap': Bernstein

Sets target price of Rs 1,000, valuing the lender at 1x FY26 estimated book value; highlights key risks

Barclays boosts India operations with Rs 2,300 crore capital infusion

The bank last injected Rs 3,000 crore in 2021, and the latest investment takes the bank's total invested capital to over Rs 12,400 crore

CCI raids ad giants GroupM, Dentsu, broadcasters' body over price collusion

Officers of the Competition Commission of India searched around 10 locations after it initiated a case against the agencies and top broadcasters over allegedly fixing ad rates and discounts

Reliance exported Rs 6,850 cr worth of fuel from Russian oil to US: Report

From January 2024 to the end of January 2025, the US imported EUR 2.8 billion of refined oil from six refineries in India and Turkey that process Russian crude

Zepto expands to deliver Apple products within 10 minutes in select cities

The move comes nearly two weeks after another quick commerce player, Blinkit, began delivering Apple products, including MacBook Air, iPads, and AirPods, within 10 minutes in select Indian cities

Air India expects to complete refit of wide body planes by mid 2027: CEO

Air India CEO and MD also said the repainting and refurbishing of Vistara aircraft is expected to be completed in one-and-a-half years

Fintech firm Pine Labs targeting Indian IPO in second half of 2025: CEO

Pine Labs, whose main backer is venture capital firm Peak XV, offers full stack payment solutions including point-of-sale machines to merchants for card payments

Ford to restart Chennai plant for engine export, no plans of car production

This decision aligns with Ford's global strategy. The company already exports components from Sanand, Gujarat, where it sold most of its factory to Tata Motors in 2022

Tech Mahindra extends partnership with Google Cloud to boost AI adoption

Tech Mahindra and Google Cloud will help enterprises modernise their infrastructure and data architecture while optimising the return on investment from their AI-powered cloud solutions

Paytm Money gets Sebi registration as research analyst, investment adviser

With this registration, Paytm Money Limited can offer Sebi-compliant research services, including investment insights, research reports, and data-driven analysis, the company said in a statement

Moody's affirms IndusInd's ratings; places on review for downgrade

The action comes in the backdrop of the bank's revelations about the inadequate internal controls in accounting for derivative transactions

Bajaj Finserv to buy Allianz's 26% stake in insurance JVs for Rs 24,180 cr

Post the acquisition, Bajaj Group's stake in the two insurance ventures will go up to 100 per cent from 74 per cent currently

Tata Motors, Maruti to hike prices from April amid rising input costs

Tata Motors announced a price increase of up to 2 per cent across its CV range, effective April 1

Moody's places IndusInd Bank's credit assessment on review for downgrade

Moody's said that the impact of the derivatives transactions, coupled with the ongoing stress in the retail unsecured loans, is likely to hurt the bank's profitability, capital and funding

CMD Ajay Singh to infuse Rs 294 cr in airline via another entity: SpiceJet

SpiceJet said Singh will infuse Rs 294.09 crore into the company through the conversion of 13,14,08,514 warrants into an equivalent number of equity shares (131.4 mn equity shares)

Newly demerged Vedanta cos could grow into $100 bn each: Agarwal

According to Vedanta's demerger scheme, every Vedanta shareholder will receive 1 additional share in each of the 4 newly demerged companies on the completion of the demerger process