Page 718 - Company News

Vodafone Idea plans to clear Rs 1,500 cr debt to Nokia by December 2025

Vodafone Idea (Vi) recently issued 1,027 million equity shares to Nokia through a preferential issue, thereby settling around half of its debt to the network solutions provider

Ola Electric's IPO to attract investor bids from Fidelity, Nomura

Ola Electric's roughly $740 million IPO will open this week and will be the first by an Indian electric vehicle maker

Ola Electric sets price band of Rs 72-76 per share in one of biggest IPO

Ola Electric's roughly $740 million IPO will be the first by an Indian electric vehicle maker

Tata Motors-JLR project in Tamil Nadu to get going in two months

Over 400 acres zeroed in at Panapakkam, 90 km from Chennai

UltraTech to acquire 32.7% stake in India Cements to up South play

Open offer may raise total cost to Rs 7,100 cr

India now 20% of SAP's global business network, says Ashwani Narang

According to the World Bank's Logistic Performance Index, India's ranking moved to 38 in 2023 among 139 countries from the rank of 54 in 2014

Chola MS General Insurance clocks GWP of Rs 1,945 cr in June quarter

The company achieved a GWP of Rs 1,945 crore in Q1 of the current financial year, a growth of 14.3 per cent compared to the industry average of 12.4 per cent

FMCG major Colgate-Palmolive receives Rs 248.74 cr tax demand notice

Colgate-Palmolive India Ltd (CPIL), which operates in oral care and personal care, received notice on July 26, 2024, according to a regulatory filing by the company

Shriram Group gets RBI nod to venture into asset reconstruction biz

The conglomerate announced last year it would enter ARC and wealth management businesses

DLF-GIC JV firm DCCDL's office rental income rises 11% to Rs 942 cr in Q1

DLF holds a 66.67 per cent stake, while the GIC has a 33.33 per cent stake in DCCDL

USAID, Takeda Biopharma launch dengue prevention programme across India

The vaccine is already available for children and adults in the private market in Europe, Indonesia, and Thailand, and in some public programmes in Argentina and Brazil

Foods, premium personal care to contribute 25% revenue by FY27: Marico

Besides, Marico expects a gradual uptick in the growth of its core categories, helped by improving macro-indicators and the forecast of a normal monsoon

Ola Electric Mobility to launch IPO on August 2 to raise Rs 5,500 crore

The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1

Magicpin to invest Rs 100 cr to onboard new food delivery partners on ONDC

magicpin will invest funds towards offering onboarding incentives like zero commission, zero onboarding fees, and free home delivery

Advancing 119 projects worth Rs 1,33,576 cr to boost output: Coal India

These projects, which are at various stages of implementation, are part of CIL's proactive strategy to increase production capacity and meet future coal demands

Adani Group to commission first phase of $4 bn petchem project by Dec 2026

India's annual PVC demand is roughly 4 million tonne but domestic production capacity is only about 1.5 million tonne, resulting in a supply-demand mismatch

Cipla to commence supplies to US from China plant later this year

The company has worked extensively to remediate its sites, creating a blueprint for solid expansion in India

Mahindra Holidays & Resorts expects 85% occupancy this fiscal: MD & CEO

He said factors like the extreme heatwave this summer coupled with the general elections that impacted the wider hospitality industry were not much of an issue for Mahindra Holidays & Resorts India

ED attaches immovable properties worth Rs. 298.21 crore of Chettinad Group

ED initiated an investigation based on an FIR registered by the Directorate of Vigilance and Anti-Corruption (DVAC), Chennai

Cholamandalam Investment and Finance appoints Ravindra Kumar Kundu as MD

Cholamandalam Investment and Finance Company Ltd is the financial services division of the diversified conglomerate the Murugappa Group