Page 465 - Company News

Ireda finalises JV with SJVN, GMR, and NEP for hydropower project in Nepal

The agreement for the 900 MW Upper Karnali hydro-electric project was formalised in New Delhi

NCLAT restores IFIN's claim in Attivo with 39% vote share in lenders' panel

IL&FS challenged this before the NCLAT which said it had already passed an earlier order "not permitting collapse of the Agreement

Tim Cook shares how Apple Watch saved his father's life after fall

Apple CEO Tim Cook, in a rare personal revelation, shared how the Apple Watch fall detection feature saved his father's life, while also discussing his work ethic, daily habits, and personal interests

Q3 results today: Wipro, Tech Mahindra among 40 to post earnings on Jan 17

Q3 FY25 company results Jan 17: Wipro, Tech Mahindra, ICICI Lombard, Jio Financial Services, and SBI Life Insurance Company will release their earnings report for the Oct-Dec quarter today

IOC buys 7 million barrels of Middle Eastern, African crude oil via tenders

Indian refiners are increasing Middle Eastern crude purchases from the spot markets after Washington last Friday announced sweeping sanctions targeting Russian producers

Maruti plans to drive in small EVs after eVitara preview at Mobility Expo

According to the Federation of Automobile Dealers Associations, about 99,165 electric cars were sold in India in 2024, showing 20 per cent year-on-year growth

Hindenburg Research announces winding up of operations; Adani shares rally

Sources said Sebi had concluded its probe into the Adani-Hindenburg matter and issued show-cause notices wherever necessary

Reliance Retail Q3 results: Net profit rises 10.1% to Rs 3,485 crore

The company's revenue from operations stood at Rs 79,595 crore, up 7.0 per cent year-on-year, while its gross revenue from operations increased by 8.8 per cent to Rs 90,333 crore

Sun Pharma's unit Taro to acquire 100% stake in Antibe Therapeutics

The acquisition is expected to be completed before March 7, 2025, subject to approval from the Ontario Superior Court of Justice

Spencer's Retail enters quick commerce space with JIFFY as growth driver

The new quick delivery proposition, JIFFY, will be a key growth driver for the business in the coming quarters, said Spencer's chairman, Shashwat Goenka

Torrent Power to invest Rs 18K cr in thermal power plant in Madhya Pradesh

Investment proposals worth Rs 32,520 crore received at RIC Shahdol, over 30,000 jobs expected to be created

Maintaining growth momentum key for more gains in L&T Technology Services

Management expects tech and sustainability to continue the growth momentum in the near-to-medium term, while mobility is to remain muted in Q4 but should rebound by FY26

'TikTok Refugees' in US test Xi's firewall while embracing Chinese RedNote

After the US Supreme Court signaled it was likely to uphold a law banning the popular TikTok social media app, a reported 700,000 new users flooded onto the Chinese app, Xiaohongshu

Amazon to acquire fintech firm Axio to expand credit services in India

Information about deal size for Bengaluru-based firm not disclosed

Punjab National Bank, Indian Bank get new chief executive officers

He brings with him extensive experience in banking, spanning more than three decades in various capacities. As Executive Director of Punjab National Bank (PNB) since November 2022

NCLAT admits Meta, WhatsApp's plea against CCI's Rs 213 cr penalty

After hearing the preliminary submissions from Meta and the CCI on the issue, a two-member bench of the NCLAT, led by Chairperson Justice Ashok Bhushan, said the issue requires consideration

Reliance to bring American luxury retailer Saks Fifth Avenue to India

Country's leading retailer Reliance Retail as part of its expansion into the luxury segment is introducing Saks Fifth Avenue, an American luxury department store chain to the Indian market..

Tata Sons' de-registration application under consideration, says RBI

On Thursday, the regulator released the list of NBFC-UL for 2024-25 in which 15 entities are named, same as financial year 2023-24. No new NBFCs were included in the list for FY25

TikTok meddled in various elections, including India's, say US Senators

As per a law signed by President Joe Biden a year ago, TikTok faces a ban from US app stores unless the Chinese parent company ByteDance Ltd. divests its American arm by Sunday

As Hindenburg shuts shop, a look at its market-shaking short bets

The firm bet against publicly listed companies they believed had accounting issues, was being mismanaged or committing fraud, typically following a long period of investigation