Page 451 - Company News

Premier Energies halts US solar cell facility plans amid policy uncertainty

Concerns over US stance on clean energy have weighed on shares of Premier, which have lost about 23% since hitting a peak in December, after listing in September

Metropolis Healthcare, Roche team up to launch HPV DNA testing in India

"The HPV test will be rolled out on February 4 to coincide with World Cancer Day," an official with Metropolis said

Aditya Birla Capital Q3 results: Net profit down 4% at Rs 708 crore

Margins under pressure for NBFC unit

S&P upgrades Vedanta Resources' rating on reduced refinancing risk

Vedanta Resources has seen its rating being upgraded in recent months after seeking to lower its debt and improve its capital structure

Paytm Cloud to acquire 25% stake in Brazil's Seven Technology for $1 mn

Following the completion of the transaction, Seven Technology and Dinnie will become associate entities of One97 Communications (OCL), the parent company of Paytm

Suzuki Motorcycle sales rise 14%, Ashok Leyland's up 8% in January

Commercial vehicle maker Ashok Leyland on Monday reported 8 per cent year-on-year increase in total sales at 17,213 units in January

TVS Holdings acquires 80.74% stake in Home Credit India for Rs 554 crore

Following the deal, together with TVS Credit, the Group is eyeing a lending book size of Rs 50,000 crore in the next three years

Shriram Finance bets on green financing, targets Rs 5,000 cr AUM in 3 years

The green financing vertical will finance EVs, renewable energy products, energy-efficient machinery, and other sustainable solutions

India set for electronics boost amid Trump's tariffs on Chinese imports

The US-China tariff conflict gives India's tech industry a boost as global brands like Apple and Motorola expand exports from India, capitalising on the US tariffs against China's electronics

Mahindra Lifespace bags Rs 950 cr redevelopment project in Mumbai

Mahindra Lifespaces has been chosen as the preferred partner for the redevelopment of three residential societies together. The project will be developed under Maharashtra's redevelopment policy

Divi's Lab Q3 result: Profit up 65% to Rs 589 cr on robust market sales

Revenue from operations rose to Rs 2,319 crore in the third quarter as against Rs 1,855 crore in the year-ago period, Divi's Laboratories said in a regulatory filing

Macrotech Developers exploring to enter Delhi-NCR housing mkt: MD Lodha

After establishing a significant presence in both MMR and Pune housing markets, Macrotech Developers had in 2022 entered Bengaluru

Budget curtails carry-forward losses for mergers and acquisitions

For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss)

Volkswagen sues India to quash 'enormous' $1.4 billion tax demand

Volkswagen's unit, Skoda Auto Volkswagen India, also told the High Court in Mumbai tax dispute puts at risk its investments of $1.5 billion in India, and is detrimental to foreign investment climate

Ambani's Reliance Retail brings Shein back to India after 2020 app ban

Shein India Fast Fashion app represents a departure from Reliance's strategy of adding brands to its flagship fashion app Ajio - whose offering includes Superdry and Gap

India emerges as a key export hub for Nissan, expanding to 65 nations

Nissan Motor India was exporting to 20 countries earlier, and it will now export to 45 more new countries with the commencement of shipments to left-hand drive countries

Budget 2025-26 to transform India's infrastructure, says IIFCL MD

Recognising the pivotal role of cities in driving economic growth, he said, the government has launched a Rs 1 lakh crore Urban Challenge Fund to transform urban centres into vibrant growth hubs

HMPL to invest Rs 2,500 crore in 500 MW solar project in Andhra Pradesh

The AP government in a communication said New & Renewable Energy Development Corporation (NREDCAP) will facilitate for successful execution of proposed solar park project

Mahindra Holidays & Resorts India to add 1,000 rooms by Mar 2026: CEO Bhat

The company, whose flagship brand Club Mahindra has 5,698 rooms across 126 resorts, is planning to add 15 new destinations in the next five quarters

DGCA imposes Rs 30 lakh penalty on Air India for regulatory norms violation

The order to slap penalty came after the response of a show-cause notice to Air India's head of operations and head of rostering, among other executives, on December 13, 2024 was found unsatisfactory