Page 523 - Company News

Equity boom spurs shareholder activism, reshapes corporate boardrooms

Large investors now assert their right to have a say in investee companies, underscore analysts

Raymond Realty may get listed in Q2 FY26, says CEO Harmohan Sahni

Raymond Realty CEO Harmohan Sahni said the firm had six projects with three more estimated to be launched next year

Bajaj Fin exits co-branded credit card biz, ends tieup with DBS India, RBL

RBI restricted co-brand partners' role to distribution only

USFDA approves Biocon Biologics' biosimilar for Crohn's disease, psoriasis

YESINTEK, a monoclonal antibody, is approved for the treatment of Crohn's disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis

Holcim to sell Lafarge Africa stake to Huaxin Cement in $1 billion deal

The transaction is expected to close in 2025, subject to regulatory approvals, Holcim's statement said

Coffee is a huge opportunity, scaling up Starbucks biz: TCPL CEO & MD

Tata Starbucks, a 50:50 JV between Tata Consumer Products Ltd (TCPL) and Starbucks Corporation which runs Starbucks cafes in India, plans to take the number to 1,000 cafes by FY2027-28

DRA Homes targets Rs 1,000 cr revenue; signs Rashmika as brand ambassador

DRA Homes plans to expand into the Pune market as part of its three-year growth strategy while strengthening its presence in Bengaluru

Realty firm Signature Global to recognise Rs 10k cr revenue by Mar 2026

Signature Global is one of the leading real estate companies in the country. It has a significant presence in Gurugram

Kairali Ayurvedic Group eyes Rs 150 cr revenue by FY26 with organic growth

KAG, which has a debt-free balance sheet, has its entire focus on organic growth by preserving its heritage, in hospitality and in its products business, said its Executive Director Abhilash K Ramesh

M&M to use existing sales network for EVs, offer all choices under one roof

The Mumbai-based automajor, which sells models like Thar and Scorpio, has now expanded its electric vehicle range with the launch of two all-new ground up models -- BE 6e and XEV 9e

Wipro Enterprises' revenue rises 10% to Rs 16,902 cr in FY24; profit up 35%

According to an RoC (Registrar of Companies) filing, its total income, including other income, stood at Rs 17,761.3 crore in FY24, up 11.2 per cent from FY23

RevFin eyes financing 2 mn vehicles, Rs 20k cr loan payment in 5 yrs: CEO

RevFin has disbursed loans over Rs 1,000 crore in total, and out of that, around Rs 400 crore have come only this year, Sameer Aggarwal added

SBI launches nation-wide drive for activation of inoperative accounts

A savings or a current account is treated as inoperative if the customer has no transaction in the account for a period of over two years

Holding firm restructuring won't affect India biz with Bajaj Auto: KTM

Bajaj Auto through its wholly-owned subsidiary in Netherlands Bajaj Auto International Holdings BV (BAIHBV) holds a 49.9 per cent stake in its associate -- Pierer Bajaj AG (PBAG) in Austria

IL&FS gets NCLAT nod to sell subsidiary IPRWL to successful bidder

IPRWL was set up to meet water requirement of the 15 MTPA Paradip Refinery Project developed by IOC in Odisha

Reliance leads Wizikey media visibility rankings for 2024 among listed cos

In the 2024 ranking, Bharti Airtel is in the seventh position, followed by Infosys, Tata Motors, Tata Consultancy Services (TCS) and ITC. Adani Group's flagship firm Adani Enterprises is ranked at 40

Amazon under fire in India: Unsafe warehouse, unrealistic targets exposed

A media report based on RTI findings and court records reveals safety lapses, forced break bans, and unrealistic targets at the Amazon's Manesar warehouse, with workers alleging harsh conditions

Chennai-based real estate firm DRA to expand footprint to Pune, Bengaluru

DRA is expecting its revenue to touch Rs 500 crore this financial year and has set a target of Rs 1,000 crore by 2026-27

Onion crisis hits, Swiggy responds with Rs 39 sale after viral request

Swiggy Instamart launched a flash sale on onions for Rs 39/kg in Delhi -NCR after a viral Reddit post where a customer humorously requested extra onions due to soaring prices

Adani Green's dollar bond may be revived by mid-2025, says group CFO

Other Adani Group firms may also raise funds through a few public bond sales in India over the next 12 months, Singh said