Page 449 - Company News

Toyota announces EV, battery push in China, US as quarterly profit surges

Toyota Motor Corp. also announced it will start producing batteries for EVs, hybrids and plug-ins at a new $14 billion facility in North Carolina

SBI looks to raise around Rs 5K crore via perpetual bonds before end of Feb

The country's largest lender could have a call option at the end of either five years or 10 years on the issue

Is Ford reconsidering its India re-entry? Decision delayed till late summer

Several factors are behind Ford's hesitation. The current political climate in the US prioritises domestic manufacturing, potentially making foreign investments less attractive

Nissan-Honda merger on the brink as growing disagreements threaten deal

Nissan's board is set to review its merger talks with Honda amid rising disagreements, putting the potential tie-up in jeopardy as both automakers struggle to find common ground

Adani, Tata profit misses add to concern over stock market outlook

Citigroup Inc. and HSBC Holdings Plc are among banks that have cut profit forecasts as the latest earnings from some of India's top firms

BlackRock planning to hire 1,200 people to expand 2 support hubs in India

BlackRock is also inheriting a so-called global capabilities center with roughly 1,500 staff in Bangalore through its proposed purchase of data firm Preqin

Bhavish Aggarwal injects Rs 2K cr into Krutrim, open-sources its AI

Will invest Rs 10,000 cr more by next year, says Krutrim founder

OpenAI adds image upload, voice message support to WhatsApp chatbot

According to OpenAI, users can now upload images just like they can in ChatGPT directly, and also talk to ChatGPT on WhatsApp using voice messages

Ujjivan SFB applies for a universal banking licence to expand offerings

Ujjivan SFB is the second lender after AU SFB to seek a voluntary transition into a universal bank

NaBFID raises Rs 5,000 crore via 15-year bonds at 7.25% cut-off rate

The cut-off for 'AAA'-rated issuers' long-term issuance has moved up in the last few months, market experts said

India presents Rs 7,500 cr premiumisation opportunity for Nestle: CMD

Hopes tax benefits in Budget 2025 will spur consumption, sales

Meta adds $235 bn of value in winning streak as investors cheer AI bets

The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak

Built over 550 AI models in 5-6 yrs to enhance output, quality: Tata Steel

The steel giant claimed that it is at the forefront of technological transformation through the integration of AI and industry technologies

Delhi HC refuses relief to Rashmi Saluja in Religare reappointment matter

Move paves the way for AGM, Burman open offer conclusion

OpenAI CEO Sam Altman's Asia trip could be a rush to counter DeepSeek

Altman, who is on a whirlwind tour of several countries, including Germany, Japan, South Korea, and the United Arab Emirates, is likely to land in India late on Tuesday night

Govt says 339 foreign companies registered in India in last 5 years

The government on Tuesday said 339 foreign companies have been registered in the country in the last five years and the registration of such firms has been on the decline since 2020.

PepsiCo records double-digit organic revenue growth in India in 2024

India posted a double-digit volume growth in both the convenient foods category and the beverages category

Welspun New Energy to invest Rs 13.5k cr in clean energy projects in Odisha

Under this agreement, Welspun New Energy has committed investments worth Rs 13,500 crore to develop a 1,200 MW pumped hydro project and a 1,000 MW floating solar power project in Odisha

Titan net profit largely flat in Q3 FY25 due to cut in customs duty

Sequentially, its net profit rose by 48.7 per cent, while its revenue was up 22.1 per cent

Thomas Cook India expects Rs 120 cr revenue boost from National Games foray

The company also plans to open one resort every month to expand the presence of Sterling Holiday Resorts in India