Page 599 - Company News

Top energy, commodity, infra companies see senior management churn

Talent firms and industry executives list evolving strategies, business growth as contributing to attrition at senior management level

UBS Group buys IDFC shares worth Rs 88 cr through open market transaction

According to the bulk deal data available with the NSE, UBS through its arm UBS Principal Capital Asia purchased 81,48,705 shares or 0.51 per cent stake in IDFC Ltd

Byju's founder denies fraud, says missing funds used for legitimate purpose

The company got the $1.2 billion loan nearly three years ago as it planned to use most of the proceeds on an international expansion, Raveendran claimed

MHI seeks ARAI's comments on consumer grievances against Ola Electric

The notice from CCPA came in response to 9,948 consumer complaints registered against Ola Electric between September 1, 2023, and August 30, 2024, on the National Consumer Helpline

ZEEL's committee finds no irregularities against firm during Sebi probe

The committee also reviewed the matter that is currently under adjudication with Sebi and stated that no further action is required by the company based on its findings

TN govt urges workers to resume work as Samsung accepts most of the demands

Deputy Chief Minister Udhayanidhi Stalin said Samsung, a multinational, has its own rules. The only bone of contention is registration of the workers union

Adani Enterprises announces QIP at Rs 3,111 per share floor price

The company added that it may, at its discretion, offer a discount of not more than 5 per cent on the floor price

Regulator CCPA increases scrutiny on quick commerce, e-commerce players

This comes amidst concerns that quick commerce players are eating into the business of small kirana stores

NCLT Ahmedabad approves delisting ICICI Securities from stock exchanges

The NCLT Ahmedabad bench, led by justice Shammi Khan, while approving the scheme, dismissed two applications objecting to the scheme of delisting

Jindal abandons oil venture with Venezuela's crude producer PDVSA: Report

Jindal is exiting the deal under which it would have overseen one of Petroleos de Venezuela's key installations for producing and processing heavy-crude oil for export

TAC InfoSec adds 200 new clients across 32 countries in September

TAC InfoSec Limited (TAC Security) is a cybersecurity company specialising in vulnerability management. It is India's first publicly listed cybersecurity firm

HDFC Life Insurance plans to raise Rs 1,000 cr via NCDs to fund growth

The decision to this effect was taken by the Capital Raising Committee (CRC) of the HDFC Life Insurance Board, the insurer said in a regulatory filing

Jio Payments Bank gets mutual funds distribution licence from Amfi

The move is part of Jio Financial Services' plan to broaden its presence in the financial services industry, including asset and wealth management

Arvind SmartSpaces to develop Rs 600 cr worth housing project in Bengaluru

In a regulatory filing, the company said it has signed a new residential apartment project in Bengaluru, with a total estimated saleable area of around 4.2 lakh square feet

Airtel says AI system spotted 112 mn spam calls in Tamil Nadu in 12 days

Company says 29.8 mn of its customers have been 'empowered' against 'malicious actors'

Amazon partners with Startup India, DPIIT to enhance startups growth

Through a dedicated page on the Startup India portal, the e-commerce firm and Startup India will work together to allow eligible startups to make use of e-commerce opportunities

Hacker builds website to leak insurer Star Health's data days after lawsuit

While it's unclear if the website was made by the same individual Star Health sued, the hacker claims that a senior Star Health official sold the data and later tried to renegotiate terms

JSW Infra receives LoI to develop port project worth over Rs 4,000 cr

The Rs 4,259 crore multi-purpose port in Maharashtra will handle captive, bulk, and dry bulk cargo

Hinduja Leyland Finance receives 'AA+/Stable' rating boost from CRISIL

The company said that the upgraded rating reinforces its long-term financial stability and prudent governance practices

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption

It will infuse Microsoft's generative AI suite of offerings across its Solution IP portfolio to bring unique capabilities to market, helping clients achieve cost-efficiency