Page 554 - Company News

Jabil signs MoU with Gujarat govt, to invest Rs 1,000 cr at Dholera unit

The MoU was signed between Gujarat's Science and Technology Department and Jabil in presence of Chief Minister Bhupendra Patel

Vedanta slumps 15% from Sept 30 peak: is it a good entry point?

Strong Q2 performance, improved earnings visibility keeps analysts bullish on the counter

Samsung loses ground to Apple in India's premium smartphone market

Apple recorded all-time records in revenue and shipments in the September quarter, while Samsung slid

Expect subscriber losses to reverse soon, says Vi CEO Akshaya Moondra

Vi CEO says talks are on with lenders, who remain in wait-and-watch mode

Air India-Vistara will deliver on 'sky-high expectations': N Chandrasekaran

Nearly two years after announcing the merger, the integration of Vistara with Air India was completed on November 12 and Singapore Airlines now has a 25.1 per cent in the enlarged Air India

Universal Studios looks to join Excel Entertainment cast with stake buy

This comes hot on heels of Poonawalla-Dharma deal

Agro Tech Foods buys Bharti group's Del Monte Foods in Rs 1,300 cr deal

The acquisition, valued at Rs 1,300 crore, will be completed within nine months

RIL, Viacom18 and Disney complete merger to create a Rs 70,352 cr JV

Three CEOs to lead Reliance-Disney media behemoth

Gail signs 10-yr deal to buy up to 0.52 mn tonnes LNG per yr with ADNOC Gas

The LNG will be delivered in six cargoes per year from ADNOC Gas' Das Island natural gas facility, which has an LNG processing capacity of 6.0 million tonnes per annum

Focus on 'unicornism' in India overhyped, says Wipro's Rishad Premji

Premji said, "You want to focus on building businesses that sustain and then ultimately value will come. You cannot start your journey saying I want to (have) a value of X, Y and Z"

IRB Infra Trust makes non-binding offer to IRB InvIT Fund for 5 toll assets

IRB said it plans to re-invest the proceeds raised from the deal in upcoming opportunities in the infrastructure sector

SBI announces 0.05% hike in marginal cost of fund-based lending rate

The one-year MCLR, a key tenor to which long-term loans like home finance are linked, has been increased by 0.05 per cent to 9 per cent effective from Friday

Industry moving towards 'open book' model in EPC contracts: Tata Projects

Intense weather changes are also impacting the number of days available to execute projects. To factors in such new risks, some clients and contractors are entering into "open book" modelled contracts

Shiprocket, CSC selected to set up e-commerce export hubs around Delhi

The e-commerce export hubs (EECH) will come in and around Delhi airport and begin operations in February next year

Mamaearth parent Honasa Consumer slips into red in Q2, revenue down 7%

The decline was attributed to the company's ongoing transition to a D2C model under "Project Neev", which has necessitated an inventory correction of Rs 63 crore

Reliance, Disney complete merger; form Rs 70,352 crore joint venture

Reliance Industries holds a 16.34 per cent stake in the JV, while its step-down unit Viacom18 holds 46.82 per cent and Disney the rest 36.84 per cent

Blackstone eyes 20% stake in Haldiram's snacks at $8 billion valuation

Blackstone was eyeing a stake of 75 per cent in the business and had made a non-binding bid, but those talks did not materialise as Haldiram's is no longer keen to sell a big stake

Unilever eyes sale of Dutch brands Unox, Conimex in turnaround strategy

Unilever has lined up ABN Amro to conduct a sale of some of the Dutch food brands, including Unox soups and Conimex seasonings

Black Box eyes $2 billion revenue in 4 years on rising AI, data demand

Black Box has increased its focus on modular data centres and prefabricated solutions, which are designed to accelerate project timelines and cater to hyperscale needs

Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25

Low-cost mobility platform reports more than two-fold increase in gross order value of Rs 2,461 cr in Q2 FY25