Page 556 - Company News

Swiggy's Sriharsha Majety recounts journey in rare appearance at IPO debut

Swiggy's CEO, at the stock market debut, shared the journey from an IIM Calcutta college project to India's leading delivery platform

Reliance Power posts Rs 2,878 cr profit in Q2, income dips to Rs 1,962.7 cr

The company had reported a net loss of Rs 237.76 crore in the quarter ended September 30, 2023

Reliance Retail shuts down Centro locations to focus on in-house brands

Reliance Retail is temporarily closing its Centro stores to revamp the format, shifting focus to its own brands and shop-in-shop models, with several outlets set to close this month

Byju's US units wrongly stripped of education app, says federal judge

Dorsey ordered Apple to return ownership of the apps to the US units. A lawyer for an Indian firm that had been wrongly given ownership of the apps unsuccessfully tried to persuade Dorsey

Tata Chemicals arm TCEL plans to invest Rs 655 cr in new UK facility

The construction of the plant is expected to commence in 2025, with first production likely to begin in 2027

Wilson & Hughes PE acquires travel firm Cox & Kings assets, brands

The acquisition, completed through the PE firm's Indian subsidiary, includes only Cox & Kings brand and assets, excluding any responsibility for financial, legal issues tied to past operations

Britannia Industries to remain focused on driving market share: Varun Berry

The company reported a 9.6 per cent decline in net profit, which stood at Rs 531.5 crore in the July-September quarter compared to the same period last year

RIL to invest Rs 65,000 crore in 500 CBG plants in Andhra Pradesh

Foundation for this maiden biofuel project will be laid on Dec 28, says State minister

SoftBank returns to quarterly profit with $7.7 bn gain, beats expectations

But while Vision Fund 1 has had a gross gain of $22.6 billion since inception this has been largely offset by Vision Fund 2's $21 billion loss

L&T bags over Rs 15,000 crore NTPC order for thermal power plants

This is one of the biggest order wins for the company in the domestic market

Netflix's ad-supported tier hits 70 million monthly active users globally

The plan, priced at $6.99 per month in the US, now accounts for more than half of all new Netflix sign-ups in regions where it is available

Honeywell India supports deep science startups in collaboration with IISc

These startups are focused on building innovations to solve pressing challenges in areas such as agriculture, healthcare, and renewable energy

India to be third or fourth largest market for Siemens in next 3 years

India development centre driving AI and generative AI-related development

Mercedes takes India learnings on D2C retailing to global markets

Mercedes-Benz India, on Tuesday launched its new 'AMG C 63 S E PERFORMANCE' model equipped with F1 hybrid technology priced at Rs 1.95 crore

JSW Defence partners with Shield AI, to invest $90 million in 2 years

The partnership aims to indigenise and manufacture Shield AI's V-BAT, a Group 3 Unmanned Aerial System (UAS)

Air India-Vistara merger completed; Singapore Airlines gets 25.1% stake

The merger with Vistara will enable Air India to operate 5,600 weekly flights connecting 90 destinations with a fleet size of 208 aircraft

DBS Bank India awaits RBI nod for new CEO as incumbent Shome set to retire

Following a successful career at the helm of DBS Bank India since April 2015, Shome had indicated his desire to retire some time ago

Reliance Industries to invest Rs 65,000 crore in Andhra for biogas plants

According to the Chief Minister, the conglomerate will invest Rs 130 crore per CBG plant, creating an estimated 2.5 lakh jobs

Metropolis Healthcare plans to expand reach to 1,000 towns in 18 months

The firm aims to strengthen its presence in tier 2 and tier 3 cities, supported by an investment of approximately Rs 65 crore

BCCI may move NCLT to seek withdrawal of Byju's insolvency proceedings

The Supreme Court last month annulled the National Company Law Appellate Tribunal ruling that sanctioned a settlement of Rs 158 crore between Byju's and the BCCI on Oct 23