Page 426 - Company News

Venus Pipes Tubes Q3 results: PAT drops 22% to Rs 18 cr, revenue up 11%

For the first nine months of FY25, net profit rose by 14 per cent to Rs 69 crore while revenue was up by 21 per cent at Rs 700 crore

Delhi HC overturns $1.7 billion arbitration award in Reliance gas dispute

The case revolves around state-owned ONGC's claims that RIL drilled wells near their block boundaries, allowing gas to migrate from ONGC's fields to RIL's KG-D6 block between 2009 and 2013

T-Series, Saregama, Sony Music look to join copyright suit against OpenAI

Bollywood music labels join Indian media companies and publishers in India looking to sue OpenAI for copyright infringement

HAL, IIIT Dharwad sign MoU for collaborative research, skill development

This partnership will enhance knowledge-sharing and innovation, benefiting both industry and academia

Hero MotoCorp faces challenges as market share declines, leaders quit

Company's market share is at its lowest in a decade, key executives are leaving, and new product launches have not performed as expected

Texmaco, Trinity Group ink global supply pact to boost rail solutions

Under the pact, Texmaco will serve as a key supplier of rolling stock components, including foundry products, for North America and other global markets

Hero MotoCorp in crisis? Market share drops as rivals rapidly close the gap

Hero MotoCorp faces mounting challenges as market share declines, sales dip, and rivals like TVS and Honda gain ground. Leadership exits and EV struggles add to the pressure

Infosys mass layoffs: Centre orders Karnataka to take 'urgent action'

IT workers' labour body NITES filed an official complaint with the labour ministry after Infosys laid off more than 350 trainees at its Mysuru campus

India-linked firms partner to resolve South Africa's water, energy crisis

Imbanita Consulting and Engineering Services, established in 2017 as a joint venture company between Imbani Holdings and Tata Africa, and the local subsidiary of ION Exchange ink MoU

Shapoorji Group in talks with credit funds for record $3.3 bn pvt debt deal

The new deal would deepen India's private credit industry, which is expanding as Prime Minister Narendra Modi's infrastructure push drives demand for middle-market funding

Pay Rs 6,091 cr guarantee or Rs 5,493 cr cash by Mar 10: DoT to Voda Idea

Vodafone Idea (VIL) has obligations to clear Rs 1,200 crore loan from banks and Rs 2,188.6 crore towards spectrum dues by December 31, 2025

Boeing calls for policy mix to boost sustainable fuel production

In November 2023, the National Biofuels Coordination Committee (NBCC), led by Union Petroleum Minister Hardeep Singh Puri, established "indicative" targets for blending SAF in ATF

Saluja ceases to be Religare director; Tripathi named chairperson

Saluja's exit follows a clarification from the Reserve Bank of India (RBI) confirming that its approval is not required for her removal, the company said in an exchange filing

Carlyle combines India's Highway, Roop to build global auto parts platform

New entity will have a portfolio of more than 1,500 products, clients in 17 countries

India Energy Week: Cairn dives into deepwater exploration with KG basin

Vedanta-backed firm plans to rope in global players for offshore drilling

JioStar to launch JioHotstar, combining JioCinema and Disney+ Hotstar

With this, the combined streaming platform will feature an extensive library of about 3 lakh hours of entertainment content, live sports, and other content segments with more than 5 million users

Adani Total's Dhamra LNG terminal expansion not imminent: CEO Lamba

Lamba said the 5 million tons per annum (mtpa) LNG terminal on India's east coast operated at an average utilisation rate of 25 per cent in 2024

Adani Green withdraws from wind energy, transmission projects in Sri Lanka

The projects in question included two wind power plants to be set up in Mannar and Pooneryn at a total investment of $442 million

DGCA fined Air India Express ₹30 lakh in Dec 2024 for rule violation

Violations to the extant rules and regulations are dealt as per enforcement policy and procedure manual and enforcement actions as deemed fit are taken by DGCA, he added

Google, Telangana ink pact to accelerate AI-led transformation in state

It focuses on key sectors, including agriculture, mobility, education, sustainability and governance