Page 452 - Company News

Apple's revenue forecast reassures investors after mixed holiday results

Revenue from China plunged 11 per cent to $18.5 billion in the fiscal first quarter, which ended Dec 28. Analysts had anticipated a gain to $21.6 billion

Nestle India Q3FY25 results: Net profit rises 4.9% to Rs 688 crore

The company had reported a net profit of Rs 655.6 crore in the same period last year

Cyril Amarchand adopts artificial intelligence to boost legal services

This move underscores the growing adoption of AI within the domestic legal industry

Google's 'Ask for Me' uses AI to call businesses on behalf of customers

Currently available as part of Google's Search Labs, this tool allows users to access essential information such as pricing and availability without having to dial a phone number themselves

RBI fines Equitas SFB, India Post Payments Bank for compliance lapses

A penalty of Rs 26.70 lakh has been imposed on India Post Payments Bank Ltd for non-compliance with certain directions on 'Customer Service in Banks'

Bandhan Bank Q3 result: Profit falls 42% to Rs 426 cr due to bad loans

The bank's net revenue during the third quarter of the current fiscal stood at Rs 3,926 crore as compared to Rs 3,071 crore in the corresponding quarter last year

Hero MotoCorp CEO Niranjan Gupta steps down after two-year stint

Not just Gupta, the company said its Chief Business Officer (India Business Unit) Ranjivjit Singh will be "completing his tenure" on April 30

Biocon Biologics plans IPO for biosimilars business by Mar 2026: CEO

The company, which has been pushing its IPO plans for the past year, has been waiting to complete the integration of its acquired biosimilars firm Viatris and refinance debt before it goes public

Businesses need to be perpetually adaptive, says TCS CEO K Krithivasan

A technology-led approach turns these transformation goals into achievable realities

Approach lenders for acquisition of Go First: NCLAT to Busy Bee Airways

Busy Bee Airways, backed by travel portal EaseMyTrip's co-founder and CEO Nishant Pitti, challenged the liquidation of the airline last week

Bandhan Bank Q3FY25 results: Net profit drops 42% to Rs 426.5 crore

The lower profit was attributed to a change in the accounting policy for ESOPs, higher provisions due to stress in the microfinance portfolio

Will try to reach out to Go First lenders: Busy Bee Airways tells NCLAT

It also told the National Company Law Appellate Tribunal that it is ready to acquire Go First as a going concern as it still has valuable assets and a license from the DGCA

GMDC inks long-term limestone supply deal with JK Cement for Gujarat's mine

Kutch's coastal proximity, improved access to domestic and international markets, cost-efficient logistics position it as an ideal hub for cement production. The state's company has 5 mines in Kutch

Viksit Bharat 2047 achievable with focus on manufacturing: Deloitte

The economic survey talks about developing the manufacturing sector and investing in emerging technologies such as AI, robotics, and biotechnology

Sun Pharma Q3FY25 results: Net profit soars 15% to Rs 2,903.3 crore

Sequentially, revenue from operations grew by 2.9 per cent, whereas profit after tax (PAT) fell by 4.5 per cent

Ola Electric leads with a 25% market share in e-scooters: Bhavish Aggarwal

The company on Friday launched eight scooter models under the S1 brand, developed on its Gen 3 platform, priced between Rs 79,999 and Rs 1,69,999

Vedanta Q3 results: Net profit rises 76% to Rs 3,547 crore on higher income

The company's consolidated income grew by 9.5 per cent to Rs 39,795 crore, over Rs 36,320 crore in the corresponding quarter of the previous fiscal

Bank of Baroda aims to double balance sheet in 5 years: CEO Debadatta Chand

Meanwhile, deposit growth should accelerate to 13% in 2025-26 from an expected 9%-11% this year, with a focus on low-cost current and savings inflows, the CEO said

Confident of US demand despite Trump's concerning policy: Waaree CEO

Waaree expects most of its 5.4 GW solar cell manufacturing capacity in the western state of Gujarat to be operational by March-April this year. The company has about 13.3 GW of capacity module

Ola Electric unveils S1 Gen 3 portfolio, launches 8 new scooters

Ola Electric said the Gen 3 platform delivers the next level of performance, efficiency, safety, and reliability