Page 393 - Company News

Paytm amends ESOP policy, expands pool with grant of 109,995 stock options

Other amendments included modifying the vesting schedule for future grants from the previous five-year limit to a range of one to five years from the grant date

IndusInd Bank stock falls: Promoter assures liquidity, no margin calls

IndusInd International Holdings Chairman Ashok Hinduja urged shareholders not to panic after IndusInd Bank's share price plummeted 23%

Airtel to bring Starlink to India, signs deal with Elon Musk's SpaceX

This marks the first partnership of its kind in the country, pending regulatory approvals for SpaceX to operate Starlink in India.

CG Power gets Rs 450 cr order to manufacture products for Vande Bharat

The first purchase order, ranging between Rs 400-450 crore, has been secured by the company for supply of railway products for 10 Vande Bharat trainsets

NMDC struggles to achieve target as Chhattisgarh trade unions go on strike

The production at the country's largest iron ore miner has been severely affected. In the last four days, the output has come down by over 60 per cent

HC grants interim stay on consumer court's order against PVR for ad delays

The case pertains to a consumer complaint that PVR Cinemas delayed the screening of a movie by playing nearly 30 mins of advertisements

Tech's $750 bn meltdown: Apple, Tesla, Meta face record market bloodbath

'Magnificent seven' tech giants lose $750 billion as Nasdaq sees worst drop since 2022 - Apple, Tesla, Nvidia hit hardest amid US President Donald Trump's tariff fears

Zydus Lifesciences to buy 86% stake in Amplitude Surgical for $280 million

Zydus Lifesciences has entered into negotiations with PAI Partners, Amplitude Surgical's management, as well as two minority shareholders to acquire 85.6 per cent of the company's share capital

Jindal Stainless investing Rs 700 crore on decarbonisation projects

The investments will continue over next five years to set up various environment-friendly projects

Nissan picks insider Ivan Espinosa as successor for CEO Makoto Uchida

Uchida had been under pressure to step down following worsening earnings performance at Japan's third-largest automaker and the collapse of merger talks with Honda

Uber partners with Refex Green Mobility to deploy 1,000 EVs by 2026

The deployment will see electric four-wheelers onboarded onto the Uber platform across Chennai, Hyderabad, Bengaluru, and Mumbai

Vodafone Idea misses Rs 6,090 cr bank guarantee deadline for spectrum dues

Vodafone Idea failed to meet the March 10 deadline to clear its 2015 spectrum dues, risking government action, while also facing a Rs 16.73 crore GST demand notice from tax authorities

Progcap offers collateral-free loans of Rs 10 lakh to women-led MSMEs

The fintech, which is backed by Peak XV (previously Sequoia Capital India), Google and Tiger Capital, among others, seeks to empower 10,000 women-led MSMEs by FY27

Amazon partners with Youth4Jobs to empower women sellers with disabilities

Under the partnership, Amazon Saheli programme will conduct workshops and provide onboarding and account management support for these women sellers

Sebi issues warning to IIFL Capital over merchant banking due diligence

The Sebi warning pertains to issues related expenses and fee timelines in its debt offerings between April 2022 and April 2024

Despite near-term challenges, brokerages remain positive on Sun Pharma

The recent trigger for the stock is the acquisition of US-based Checkpoint Therapeutics

Syngene acquires first US biologics site for $36.5 mn to expand capacity

The facility, which the contract research firm said is strategically located near key biotech hubs in the Northeast US, is expected to be operational for client projects from the second half of 2025

goSTOPS raises Rs 35 crore in Series A funding led by Blume Ventures

With this fresh equity infusion, goSTOPS, founded in 2014, aims to increase its capacity from 2,500 to 10,000 beds across 100 locations over the next 24 months

IndusInd Bank's net worth to take 2.35% hit over account discrepancies

The Mumbai-based lender said the net worth impact emerged from internal derivative trades, which were not in compliance with rules enforced by the Reserve Bank of India from April 2024

Mukesh Ambani's empire faces turbulence as US trade tariff risks mount

The concern in New Delhi is that any retaliatory trade action by Washington will cover broader ground than just India's massive tariffs