Page 560 - Company News

Apple India sets record revenue driven by iPhone sales, plans 4 new stores

"We continue to be excited by the enthusiasm we are seeing in India, where we set an all-time revenue record," said Cook

Crypto exchange co WazirX battles liabilities, white knights yet to arrive

Crypto exchange may be engaged in talks with a bunch of platforms for a potential deal

Biz fundamentals rekindling investor confidence in edtech: Eruditus CEO

The company has seen 40 per cent growth in university partnerships over the past four years and doubled its enterprise business in the last two years

Ola Electric sells over 50,000 units, registers 41,605 units in Oct

With a market share of 30 per cent, the company said it continues to dominate the EV 2W segment in India

JSW Steel, Posco look at 50:50 joint venture for steel plant in India

JSW Group and Posco have signed an agreement to set up a steel plant with an initial capacity of 5 mtpa in India

JSW-POSCO to set up greenfield steel plant in Odisha's Keonjhar: CM Majhi

The two steel makers on October 29 signed an MoU at JSW Group's corporate headquarters in Mumbai, in the presence of JSW Group Chairman Sajjan Jindal and POSCO Chairman Chang In-hwa

Adani Power cuts power supply to Bangladesh by 50% over outstanding bills

Earlier, the Adani company wrote to the power secretary asking the Bangladesh Power Development Board (PDB) to clear its outstanding dues by October 30

ADDA to invest Rs 15 cr for expansion in India's society management market

On the USPs of the ADDA platform, she noted that the company's no advertisement policy ensures that there is zero risk to the privacy of the users, enhancing secure living and data protection

Chevron beats profit expectations in Q3 on higher oil, gas production

The company, whose proposed $53 billion takeover of Hess has been delayed due to a challenge by rivals Exxon Mobil and CNOOC Ltd, reported a profit of $4.53 billion

Water tech company AO Smith completes acquiring Pureit Business from HUL

While AO Smith Corporation, in a statement had said the purchase price would be approximately USD 120 million in cash, subject to customary adjustments

Suven, Cohance aim to double combined biz revenue to Rs 6,000 cr by FY29

With 13 Phase-3 intermediate projects in progress, the company anticipates benefiting from India's projected growth in global CDMO share to 5-7 per cent over the next four to five years, Suven Pharma

Apple's China sales dip slightly amid competition, AI rollout faces delays

Apple's China sales dropped by nearly 1 per cent in the last quarter, highlighting continued challenges as local competitors gain ground and regulatory delays slow the launch of its AI features in the

Partha Pratim Sengupta assumes charge as Bandhan Bank's new MD & CEO

Partha Pratim Sengupta assumed charge as new MD&CEO of private lender Bandhan Bank with effect from Friday, the lender said.

Auto majors Maruti Suzuki, Mahindra report best-ever October sales

The shift towards larger vehicles also impacted MSI's mini-segment cars and compact car sales

AO Smith Corp completes acquisition of Pureit from Hindustan Unilever

Pureit complements our premium brands in the market, and their strength in e-commerce will allow us to expand our presence in that channel, said Kevin J Wheeler, AO Smith's chairman and CEO said

Reliance-Disney joint venture deal gets European Commission approval

The merger between RIL's Viacom18 and Disney's Star India is anticipated to conclude by early November, pending the final approvals from CCI, NCLT and the Broadcasting Ministry

Ola Electric vehicle registrations up 74% at 41,605 units in October

The company sold over 50,000 units in October 2024, Ola Electric said in a statement

Apple sets record India revenue driven by iPhone sales, plans 4 new stores

The iPhone wasn't the only high-performing product; Cook mentioned that iPad sales in India saw strong performance as well, achieving double-digit growth in the quarter ending September

LEAD Group to seek PE funding after hitting profitability milestone

Edtech unicorn hopes to turn the corner by FY25-end, says CEO

Cognizant saw 13,000 associates joining back, says CEO Ravi Kumar

AI is a unique technology and it will disrupt the knowledge worker