Page 581 - Company News

Nestle India CMD Suresh Narayanan sees mega cities as pressure points

Rising food inflation leading to sluggish FMCG demand

Gail India targets new long-term LNG supply deal before year-end: Report

Gail's contracted LNG volumes total about 15.5 million tons a year and include supplies from the US, Qatar and Australia, according to its annual report

Varun Beverages Q3 result: Profit rises 24% to Rs 620 cr on healthy demand

During the three months ending Sept. 30, its India volume growth came in at 5.7 per cent

Royal Enfield announces first manufacturing unit, showroom in Bangladesh

Facility will assemble four models of the Indian motorcycle maker

Allianz actively considering exiting insurance JVs: Bajaj Finserv

Allianz's stake in both the life and general insurance companies is pegged at Rs 30,000 crore, according to Emkay report

Aakash to invest Rs 100 crore to rebuild Aakash Digital in 2 years

BYJU's at present holds around 26 per cent stake in AESL

Hyundai Motor India drops 7% in market debut after country's biggest IPO

HMIL's IPO had seen strong response from sovereign wealth funds and domestic mutual funds, but retail and wealthy investors sidestepped the issue amid a selloff in auto stocks and overall markets

No tariff hike on cards, want to retain existing customers: BSNL CMD

State-run telco launches anti-spam network, direct to device satcom, intranet TV services, and a new logo

Dharma Productions-Adar Poonawalla deal gives quest for scale a chance

Biz of making films and shows needs more such tie-ups if it is to scale up

Sluggish capex, war on pricing dragged loan growth in Q2: Union Bank CEO

Speaking to reporters, the MD and CEO said the bank had envisaged a pick-up in private capex, but the same did not turn up, leading to a muted growth in overall corporate advances

BSNL launches 7 new services, innovative asset monetisation plans in works

Sporting a brand new logo, BSNL also introduced low latency 5G connectivity for mining operations in partnership with the Centre for Development of Advanced Computing (CDAC)

ICICI Prudential Life Q2FY25 results: Net profit rises to Rs 252 crore

The insurer's VNB margin, a measure of profitability, contracted to 23 per cent compared to 28 per cent last year

M&M Finance Q2 FY25 results: Net profit rises 57% to Rs 369 crore

The NII margin of the company remained flat at 6.5 per cent. The cost of funds rose marginally to 6.5 per cent in Q2 FY25 from 6.4 per cent last year

Sebi notice to Adani Energy for alleged mis-categorisation of shareholding

The group's renewable energy firm, Adani Green Energy Ltd, which also declared its second quarter earnings, did not receive any new notice from SEBI

CCI publishes detailed order approving merger of RIL, Disney's media assets

As part of seeking the regulator's approval, the parties have voluntarily agreed that they will not bundle TV ad slots for IPL, ICC and BCCI cricketing rights till the end of existing rights

Bharti Airtel gets CCI approval to up stake in Indus Tower to over 50%

Indus Towers is a passive telecom infrastructure provider. It deploys, owns, and manages passive telecom infrastructure for various mobile operators

Hyundai Motor India confirms plans to launch hybrid vehicles soon

Also plans to expand EV portfolio and production capacity

SECI plans to bid for state projects to meet 10 GW renewable energy target

The company, which issues and award tenders for the federal government's renewable energy projects, expects investments worth $7.7 billion for a mix of solar, wind and battery storage projects by 2030

Arkade Developers eyes Rs 4,000 crore topline from ongoing projects

The company will launch a project in Thane with an estimated revenue potential of Rs 2,000 crore in FY2026

Godrej Security Solutions expects 50% rise in revenue by FY27: Senior exec

Company makes mechanical locks, safes and digital security systems