Page 613 - Company News

Amazon great Indian festival sale starts for prime members; details here

Amazon Great Indian Festival Sale 2024 is now LIVE for Prime members. From exclusive deals on gadgets to more; Prime members can enjoy early access to top discounts and offers

Anant Mukesh Ambani, BP CEO open Jio-bp's 500th EV-charging station

Jio-bp has expanded its network of EV-charging stations at a rapid pace, growing from 1,300 to 5,000 in just a year

Godrej Properties to consider raising funds via securities in Oct 1 meet

Realty firm Godrej Properties on Thursday said its board will meet on October 1 to consider a proposal to raise funds through the issue of securities.

Nita and Akash Ambani join Viacom18 board ahead of Star India merger

The move comes as Viacom18 nears the final phase of its merger with Disney's Star India

State-owned Bank of India raises Rs 2,500 crore at 7.49% via tier-II bonds

The state-owned lender will raise Rs 2,500 crore through additional Tier-I bonds in Q3

Titan's SKINN to expand fragrance range; launches affordable product line

The SKINN 24Seven line offers variants including Aqua, Woody, Floral, Caramel, and Amber. Each fragrance is priced at Rs 1,745 and comes in a 100-millilitre bottle

Airtel announces AI-powered spam detection system based on 250 parameters

System promises to catch 97% of spam calls & SMS for users, says telecom company

Amazon engaging with India on GPU procurement tender: Senior exec

Pankaj Gupta, Leader-Public Sector, Amazon India, called the India AI mission an empowerment framework for the sector, and indicated that the firm was engaging with the government on the same

Vedanta board to meet on Oct 8; consider, approve 4th interim dividend

During 2023-24 in total, Vedanta had declared a total interim dividend of Rs 29.5 per share, amounting to Rs 10,966 crore for shareholders

Pharmaceutical firm Piramal Pharma eyes to double revenue to $2 bn by FY30

Eyeing tripling of Ebitda and bringing down net debt during the same period

NCLAT did not apply its mind in edtech firm Byju's case: Supreme Court

Top court indicates it'll send matter back to appellate tribunal for fresh hearing

SBI Mutual Fund hikes 2.85% stake for Rs 900 cr in KPR Mill, now holds 7.7%

Meanwhile, KP Ramasamy, one of the promoters of KPR Mill sold 10.5 mn shares or 3.07 per cent stake in the company at an average price of Rs 925.12 apiece

Promoter Nishant Pitti sells 14% stake in EaseMyTrip for Rs 920 cr

The shares were offloaded in the price range of Rs 37.22-38.28 apiece, taking the combined transaction value to Rs 920.06 crore

Higher sales, occupancy to improve profit trajectory of Max Healthcare

Acquisitions, organic growth to improve profit trajectory

Infosys, Swedish electric car maker Polestar to set up tech hub in B'luru

Infosys said it will leverage engineering R&D services provider in-tech, its latest acquisition, to complement the engagement

UBS Group completes acquisition of HDFC Bank shares valued at Rs 543 cr

These shares were offloaded by Paris-based BNP Paribas through its affiliate BNP Paribas Financial Markets at the same price

Goa Shipyard logs record revenue of Rs 1,753 cr from operations in FY24

At the AGM, a final dividend of Rs 2 per share for FY24 was declared, which is in addition to the interim dividend of Rs 5 per share declared during the year

Centre seeks CM Stalin's intervention to resolve ongoing Samsung strike

According to sources, one of the major bottlenecks is the fact that Samsung India Workers' Union (SIWU) president E. Muthukumar is a veteran Citu leader and not an employee of the company

Coromandel International to acquire additional 8.82% stake in BMCC

Coromandel will invest $3.84 million (Rs 32 core) in BMCC, besides a loan infusion of $6.5 million (Rs 54 crore) to fund expansion projects and meet working capital requirements, a statement said

Shriram Finance raises $500 million from investors via USD Social Bonds

The company plans to tap the USD bond market again when interest rates ease further