Page 481 - Company News

Turning tide: Fintech firm Paytm's Ebitda likely to break even this quarter

Brokerages expect improved contribution of financial services into revenue pie

Kotak Mahindra Bank CTO & COO Milind Nagnur resigns citing personal reasons

In his resignation letter, Nagnur stated that he intends to relocate to the United States to care for family members

Vi rolls out unlimited annual data usage plans to counter competition

The company said that it has rolled out pre-paid plans priced at Rs 3,599, Rs 3,699 and Rs 3,799 that will offer unlimited data usage from 12 AM till 12 PM every day throughout the year

Piyush Goyal asks Blinkit to follow applicable laws for 10-min ambulance

Asked about issues raised by small retailers about quick-commerce or e-commerce firms, he said the government is monitoring that and the CCI (Competition Commission of India) has already taken actions

Marico forecasts higher quarterly revenue growth on cooking oil demand

However, sales in large cities are under pressure as consumers cut back on spending due to high costs of living

US pizza chain Papa John's aims to re-enter Indian market in 2025

Papa John's exited India in 2017 saying its restaurants were not able to meet the expectations of the brand and the franchisee

Sold shares for personal reasons, said EaseMyTrip's Ex-CEO after resigning

In a social media post, Nishant, who was replaced by his brother and Co-Founder Rikant Pittie, after EaseMyTrip announced his appointment as the new CEO on January 1

Dabur expects single-digit revenue growth, flat operating profit in Q3FY25

In the domestic market, Dabur's HPC (home & personal care) is expected to grow in the mid to high single digits, while Health Care is expected to be 'flattish' due to the delayed winter onset

Tata Elxsi to partner with Qualcomm for next-gen mobility solutions

The company said it will showcase a live demonstration of its AVENIR SDV suite of solutions integrated with Qualcomm Technologies' Snapdragon Ride Flex SoC

Western Carriers India bags Rs 139 cr material handling order from Vedanta

As of March 31, 2024, WCIL reported sales of Rs 1,685 crore, a nearly 3 per cent increase from the previous year. The company's net profit stood at Rs 80.35 crore, translating to a 12-per cent on-year

Policy change, seasonal uptick to drive gains for United Spirits stock

The higher revenue is on account of changed policy in Andhra Pradesh, new launches and a higher share of the premium segment in the product mix

Tata Motors, M&M to get incentives worth Rs 246 crore under PLI scheme

The budgetary allocation for this scheme is Rs 25,938 crore

UPI moment for B2B payments: Bharat Connect likely to go live by March

The NPCI subsidiary, which will follow the model similar to TPAPs, is conducting pilots with eight companies

Sebi quashes Zee, Punit Goenka's settlement plea; expands investigation

The matter pertains to alleged violations of LODR regulations

PNB sees robust growth in deposits in Q3FY25; CSB Bank logs over 20% growth

South Indian Bank saw its advances outpace deposit growth in Q3FY25

Tesla records 1.1% sales drop for 2024, first annual decline in 9 years

The annual decline for the Austin, Texas, company came despite offers such as 0 per cent financing, free charging and low-priced leases

V2 Retail's revenue from operations increases 58.1% to Rs 591 crore in Q3

The value retailer reported revenue from operations of Rs 373.76 crore in the October-December quarter a year ago, V2 Retail told the BSE in a regulatory filing

Visakhapatnam Port signs Rs 300 cr deal for flyover to ease cargo traffic

Designed to improve traffic management and cargo evacuation, the project will cover the areas surrounding the port and critical parts of the city leading to it

Regaal Resources files draft papers with Sebi to raise funds via IPO

Kolkata-based agro-based company Regaal Resources Ltd has filed its draft red herring prospectus (DRHP) with market regulator SEBI to raise funds through an initial public offering (IPO).

Varun Beverages announces Rs 412 cr investment in South African subsidiary

Besides Bevco also has franchise rights from PepsiCo in South Africa, Lesotho and Eswatini