Page 591 - Company News

Who will execute Ratan Tata's final wishes? Lawyer, friend, family chosen

At the time of his death, Ratan Tata had a 0.83 per cent stake in Tata Sons and a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024

India set to be in Skyscanner's top 3 revenue markets: CEO John Mangelaars

A growing economy, rising aspirations, young population, and increasing infrastructure will aid this growth

Nestle India net up 8.6% at Rs 986 cr in Q2 as demand remains a challenge

The firm to launch 14 'no-refined sugar' variants of Cerelac next month, on the heels of allegations that the brand added sugar to its baby foods in low and middle income countries

Taking the reins: Approval for Noel Tata to join Tata Sons board

A meeting of Tata Trusts on Thursday is learnt to have discussed a range of issues including Noel Tata being part of the Tata Sons board

India Mobile Congress: Qualcomm places production chips on India bet

Expects to source chips from India in the next two years as semiconductor plants here become operational

Prestige Estates Q2 bookings down 43% at Rs 4,022 cr despite strong demand

In a regulatory filing on Thursday, Prestige Estates informed that it recorded sales of Rs 4,022.6 crore during the July-September quarter against Rs 7,092.6 crore in the year-ago period

DGCA imposes penalty of Rs 30 lakh on Akasa Air for training lapses

"We acknowledge receipt of an order by the DGCA dated 17 October 2024. We are working closely with the regulator on this matter," an airline spokesperson said

Reliance partners with UK's Mothercare to strengthen presence in South Asia

Reliance Brands, a unit of Reliance Industries Ltd, acquired a 51 per cent stake in the JV that owns the Mothercare brand and related intellectual property

After 37-day strike, bonhomie in sight at Tamil Nadu Samsung plant

Employees were told to return to work from Monday onwards

Former HDFC executives start home loan venture, bag Rs 800 cr from PEs

Gaja Capital and Lok Capital have made the commitment, which will be utilised for fuelling the company's pan-India plans and also for a Rs 267-crore acquisition of Capital India Home Loans

Nestle to launch of 'no refined sugar' variants of infant food Cerelac

The announcement is important as Nestle India, part of Swiss multinational Nestle SA, recently faced criticism for having added sugar in Cerelac

Byju introspects, says Byju's worth zero now, promises a turnaround

Last month, the Supreme Court reserved its verdict on a plea of a US firm against NCLAT order stopping insolvency proceedings against Byju's

Reliance Brands and Mothercare form new joint venture for South Asia

The JV will own Mothercare brand and all its IP assets for India, Nepal, Sri Lanka, Bhutan, and Bangladesh

HDFC Securities enters wealth advisory business with launch of HDFC Tru

The company stated that its new offering will provide financial solutions to corporate treasury, ultra high net-worth investors (HNIs), and family offices in the over Rs 50 crore investment segment

Musk's win on satellite spectrum raises prospect of price war with Ambani

The Indian government says its decision to allocate spectrum administratively to whoever applies for it is in line with global trends

Walmart expands snack sourcing from India for US market ahead of Diwali

Products by India's leading food companies like Britannia and Bikano will be available this Diwali, while brands, such as Regal Kitchen and VAHDAM, are already available to the Walmart US customer

Govt gets good retail interest in Cochin Shipyard offer for sale: Dipam

Institutional investors on Wednesday over-subscribed the portion reserved for them. The issue opened for retail investors on Thursday

Bharat Forge to acquire axle maker AAM India for Rs 544.5 crore

Kalyani emphasised that this move aligns with Bharat Forge's broader strategy to diversify its offerings in vehicle components and enter a new product segment

Adani Enterprises raises $500 mn in primary equity to fund growth plans

The firm allocated 1.41 crore equity shares to qualified institutional buyers at an issue price of Rs 2,962 per equity share

Zomato board to consider raising funds via QIP ahead of Q2 results

If approved, this will be the first fundraise by the food delivery giant since its stock market debut three years ago