Page 572 - Company News

JSW Group, Korea's POSCO announce deal to set up steel plant in India

Joint venture will collaborate in renewable energy, battery materials for electric vehicles

SIM consolidation to normalise over 2 quarters: Airtel MD & CEO Vittal

Incumbent CEO Vittal to take up some roles of Bharti Enterprise Chairman Sunil Mittal

Festive boost: Flipkart records 7.2 billion customer engagement visits

The e-commerce firm also witnessed a record 282 million unique visitors during the period, primarily driven by premiumisation and personalised preferences, especially in metros and Tier-2+ cities

HDFC Standard Life buys PNB Housing Finance's shares worth Rs 90 cr

According to the block deal data available on the BSE, HDFC Standard Life Insurance Company Ltd purchased a little over 10 lakh shares or 0.4 per cent stake in PNB Housing Finance

Fortis Healthcare gets CCI nod to acquire stake in Agilus Diagnostics

The competition watchdog CCI on Tuesday approved Fortis Healthcare's proposal to acquire an additional 31.52 per cent stake in Agilus Diagnostics.

Eros case: Sebi fines 17 cos Rs 12 lakh each for not complying with summons

The regulator levied a fine of Rs 12 lakh each on the 17 entities and the amount needs to be paid within 45 days, according to Sebi's order

PNB Housing Finance looks to grow corporate loan book starting Q3

The New Delhi-based mortgage lender previously held a substantial corporate loan portfolio but reduced its exposure due to stress in the segment

Shriram Properties eyes Rs 750 cr revenue from mixed-use project in Pune

Shriram Properties will develop over 650 apartments and some retail/commercial spaces with an aggregate saleable area of over 1 million sq ft to be developed over the next four years

Honeywell Automation Q2 results: Net profit falls 5.6% to Rs 115 crore

Analysts have said that Indian exporters are bearing the brunt of increased shipping costs due to the Red Sea crisis

Lockton receives Irdai approval to acquire Arihant Insurance Broking

The acquisition marks Lockton's strategic expansion into the Indian market, where it aims to address the growing demand for advanced risk consulting and management services

Aircraft grounding crisis has peaked, says IndiGo CEO Pieter Elbers

"We've turned the corner," Chief Executive Officer Pieter Elbers said in an interview with Bloomberg Television on Tuesday

JSW Energy tops rivals Adani, NTPC as highest bidder for KSK Mahanadi

Bid propels RE firm to the forefront of power generation in Chhattisgarh

Yes Bank looking to sell Rs 635 cr of non-performing unsecured loans

JC Flowers seeks counter bids to sell Rs 1,290 cr of erstwhile Yes Bank loans

Realty firm House of Hiranandani plans to invest Rs 12,500 cr in Mumbai

In addition to housing, the company is expanding its commercial portfolio in Mumbai and Thane. It currently manages 4.5 million square feet of commercial space

Tata Power Renewable, IndusInd Bank partner to finance solar projects

This alliance will provide MSEs with collateral-free solar financing, by offering loans ranging from Rs 10 lakh to Rs 2 crore, Tata Power Renewable Energy said

Govt to slap penalties on General Electric over fighter jet engines delay

Delivery of the F404 engines for Indian Air Force's locally-made Tejas Light Combat Aircraft Mk1 series was pushed back to March 2025, the official said

PayPal expects Q4 revenue below estimates as profit push puts growth behind

Efficiency has been a focal point for PayPal as CEO Alex Chriss, who took the helm last year, pushes for cost discipline through job cuts and higher investments in automation and AI

Razorpay says payment gateway business grew 24% in revenue in FY24

Fintech company reports growth despite restriction on taking in new customers

Swiggy raises primary issuance to Rs 4,499 cr, cuts OFS to 175.1 mn shares

Swiggy adjusts valuation, targets Rs 11,300 cr IPO with Nov launch, amid market volatility

Jio Financial Services launches SmartGold for digital gold purchase

Customers can redeem their SmartGold units for cash or physical gold anytime they wish