Page 461 - Company News

Bharat Value Fund Series 3 secures Rs 1,250 cr, eyes Rs 2,500 crore target

Managed under the India Inflection Opportunity Trust, BVF Series 3 targets a total corpus of Rs 2,500 crore, including a Rs 1,000 crore green-shoe option

JetSetGo partners with SkyDrive, Eve Air for urban air mobility services

As part of these partnerships, JetSetGo signed an initial pact with SkyDrive to explore deployment opportunities for its three-seat fully electric multi-copter 'SKYDRIVE'

DEE Development Engineers expects revenue to triple to Rs 2,400-cr: CMD

The company, which reported a revenue of Rs 785 crore in 2023-24, is expecting higher revenue in the current financial year, Bansal said during an interaction here

PharmEasy sets stage for IPO return with new strategy, boosted cash flow

PharmEasy plans to re-enter the IPO market following a major business overhaul. The company aims to discuss its IPO strategy, including a potential merger with Thyrocare, at its February board meeting

Q3 results today: Tata Tech, IndiaMART among 32 to post earnings on Jan 21

Q3 FY25 company results, January 21: Tata Technologies, IndiaMART, South Indian Bank, UCO Bank, Dalmia Bharat will be releasing their earnings report for the Oct-Dec quarter today

JSW Energy challenges CERC order rejecting BESS project tariff discovery

Earlier this month, CERC rejected the tariff discovered in the first-ever grid-scale BESS project awarded to JSW Energy by the Solar Energy Corporation of India (SECI)

PwC survey: India CEOs focus on hiring, threat of tech disruption

The survey polled more than 4,700 CEOs across 109 countries, including more than 75 from India

RBI eases norms for ARCs, streamlines borrower dues settlement process

The revised norms mandated that the committee should be chaired by an independent director and have a minimum two independent directors, including the chair

At many companies, workers to take 500 years to match top exec's pay

The analysis examined top executive pay for 110 firms within the Nifty 200 with available data since FY19, comparing it to the median pay of employees

Paytm to focus on merchant services in overseas foray as part of expansion

Paytm is looking for a foray into international markets and has set up three overseas step-down subsidiaries of Paytm Cloud Technologies in the United Arab Emirates, Saudi Arabia and Singapore

Plutus, Axana to buy another 26% in Nazara Technologies via open offer

With the transaction, the promoter holding of the company will change, with Sacheti and Plutus Wealth Management becoming the main promoters

PharmEasy founders step back to launch new venture in consumer space

Siddharth Shah, chief executive officer (CEO) and managing director (MD) of PharmEasy has also invested in the new venture in his personal capacity

Billionaire Lodha brothers clash over brand rights, Bombay HC to hear case

The HC is scheduled to hear the matter on Tuesday, according to court filings

TVS launches King EV MAX electric three-wheeler, targets pan-India rollout

Priced at Rs 2,95,000 (ex-showroom), TVS King EV MAX will be available at select dealerships in the initial phase

Oberoi Realty Q3 FY25 results: Net profit rises 71% to Rs 618.38 cr

The company posted a net profit of Rs 618.38 crore

SC upholds Rs 1,600 crore tax refund for Vodafone Idea, dismisses SLP

The court dismissed the SLP on grounds of delay, refusing to condone the same

Bajaj Finance, Airtel collab to launch digital financial services platform

NBFC gains access to Airtel's customer database and transaction history

Hitachi Energy India to seek shareholders' nod to raise Rs 4,200 crore

As per the notice, it will seek approval to raise up to Rs 4,200 crore by way of public or private offering, including a qualified institutions placement (QIP)

CCI reviewing feedback on amendments to penalty recovery regulations

"The proposed amendments aim to strengthen the regulatory framework governing the recovery of monetary penalties, enhancing procedural clarity and efficiency," said CCI chairperson Ravneet Kaur

French firm Roquette seeks CCI's clearance for IFF Pharma's biz acquisition

Roquette Frres S.A. is a family-owned French firm active in the production and sale of plant-based ingredients, excipients, and plant proteins for various applications