Page 467 - Company News

Airtel may see highest revenue growth, user addition in Q3: Analysts

Residual benefits from last July's tariff hike, Indus consolidation to help telco

Reliance Jio ties up with Polygon Labs to bring Web3 to 450 million users

Blockchain collaboration aims to expand Web3 applications beyond cryptocurrency for Jio's vast customer base

HDFC Life's Q3 FY25 results: Net profit rises 13.6% to Rs 414.9 crore

The value of new business (VNB) rose 8.6 per cent YoY to Rs 930 crore in Q3 FY25, compared to Rs 856 crore in the same period last year

Google-backed Pixxel launches India's first private satellite constellation

This launch marks the first phase of Pixxel's commercial constellation, with three additional Firefly satellites scheduled to launch in the second quarter of 2025

Former Gazprom subsidiary to pay Gail India $285 million in settlement

Gazprom Germania (now SEFE) had suspended LNG shipments to Gail after being taken over by European authorities

I-T Dept imposes Rs 3.86 cr penalty on Laurus Labs for disallowed deduction

Laurus Labs further clarified that the penalty proceedings would not have any financial impact on the company

Zomato Hyperpure leases over 250k sq ft warehouse in Lodha Industrial Park

The lease agreement is for five years, commencing on February 15, 2025

Vedanta Aluminium says has reduced GHG emissions by 28.5% from FY12 to FY24

Vedanta Aluminium on Wednesday said it has reduced greenhouse gas (GHG) emissions intensity by 28.5 per cent between 2011-12 and 2023-24 fiscal years.

BoB raises Rs 5,000 crore through 10-year infrastructure bond at 7.23%

IRFC raises Rs 2,780 crore at 7.25% for 10-year bonds

EET Hydrogen, ENKA partner for UK's low carbon hydrogen production plant

In October 2024, the UK government announced funding had been agreed upon to support HPP1 as the UK's first large-scale low carbon hydrogen project at the heart of the HyNet Cluster

Takeda opens Bengaluru ICC, targets 750 employees to boost India presence

The flagship ICC in Bengaluru complements Takeda's existing centres in Slovakia and Mexico, highlighting its strategic focus on data and advanced digital technologies

Haveus Aerotech gets DGCA approval for cargo handling-related maintenance

The MRO operator has received approval for Unit Load Devices and pallet maintenance services for its recently expanded Delhi facility

Jio Finance plans first local debt market foray amid tightening RBI rules

However, Jio will borrow from the local currency debt market first to leverage its top credit rating, the people said. Crisil Ratings graded its different debt facilities at AAA with a stable outlook

ITC Hotels plans to expand business internationally post-demerger

ITC is targeting to grow its portfolio from 140 to over 200 hotels across India. Previously operating as a division of the larger ITC conglomerate, the hotel business will now be operational

Q3 results preview: Weak O2C biz likely to drag earnings for RIL again

Company's Ebitda may remain flat or decline marginally, say analysts

Spacetech startup OrbitAID raises $1.5 million in pre-seed funding round

OrbitAID plans to use the funds to conduct an in-space demonstration of docking and refuelling operations, expand facilities for on-orbit servicing operations

EcoZen raises $23 mn from Northern Arc Capital, responsAbility, others

This investment will be utilised for scaling the company's flagship solutions, including Ecotron, Ecofrost, and advanced motor control systems, Ecozen said

DPIIT signs agreement with ITC to help startups in manufacturing sector

Startup India Director Sumeet Kumar Jarangal said this would help provide hassle-free market access to startups in terms of unbound opportunities to work out viable solutions

Meta India official apologises for Mark Zuckerberg's India election remark

Appearing on the Joe Rogan podcast, Zuckerberg claimed that incumbent governments in many countries, including India, lost elections following the Covid-19 pandemic

WazirX's $235 mn hack linked to North Korea; US, Japan, S Korea to counter

The US, Japan, and South Korean governments have pledged to counter North Korea by imposing sanctions and strengthening cybersecurity in the Indo-Pacific region