Page 730 - Company News

Zomato mcap reaches Rs 2 trn, delivers Deepinder Goyal billionaire tag

The food aggregator's share price touched a 52-week high of Rs 232 per share during intra-day trading, surging almost 200 per cent from the low of Rs 76.50 per share in July last year

Apple rings in 35% growth in India sales to clock Rs 67,000 crore

Apple aims to increase this share to 23-25 per cent by the end of FY26, leveraging its three vendors - Tata Electronics, Pegatron, and Foxconn

Serum Institute rolls out new high efficacy malaria vaccine in Africa

Vaccine was granted WHO approval last year, and is said to have undergone a rigorous regulatory process and clinical assessment and was found to be highly effective and affordable

Sebi fines Monetary Solutions with Rs 25 lakh for violating market norms

After the inspection, the regulator issued show-cause notices to Monetary Solutions for the violations of norms

Adani-Hindenburg row: SC quashes plea seeking review of Jan 3 verdict

The plea said Sebi had only updated the court about the status of its 24 investigations after the allegations, without disclosing any details of action taken

Birla Estates acquires 5-acre land in Gurugran to build housing project

In a regulatory filing on Monday, Centure Textiles informed that Birla Estates will expand its footprint in the national capital region (NCR) with a strategic land acquisition in Sector 71, Gurugram

Supreme Court agrees to listen to Vodafone Idea's plea on AGR computation

On October 9 last year, the top court had taken note of submissions of some telecommunication companies seeking listing of their pleas on AGR due issue

We expect Prime Day 2024 to be biggest ever, says Amazon executive

Last year, Amazon witnessed as many as 22,190 orders in a single minute "at its peak," its highest-ever sales figure for a Prime Day event

Centre to pay MTNL's bond interest by Wednesday, says DoT officials

With this date having been passed, the government now has to step in and deposit the necessary funds in the designated trust and retention account at least three days before the due date

Vedanta to raise Rs 8,500 cr via QIP at floor price of Rs 461 per share

Mining conglomerate Vedanta Ltd on Monday announced the launch of its qualified institutional placement (QIP) issue at a floor price of Rs 461.26 apiece.

Don't see change in UK strategy: Tata Steel Chairman N Chandrasekaran

The transition from blast furnace to EAF technology puts 2,800 jobs at risk and the Labour government has been engaging in discussions to try and save jobs, according to reports in the UK

NLC India bags Odisha coal mine with 1.38 billion tonnes capacity

The coal mine has total reserves of around 1.38 billion tonnes with an operatable peak-rated capacity of 30 million tonnes per annum (MTPA)

Temasek likely to invest $10 billion in India in the next three years

Singapore firm's exposure in country likely to touch $47 bn in 3 years

RKN Enterprises sold 1.11% stake in GCPL to other Godrej family members

On May 2 this year, the Godrej family had announced an amicable settlement under which the Adi-Nadir and Jamshyd-Smita families bought each other's stakes for zero consideration in each other's cos

Apple hits record high after Morgan Stanley calls stock 'top pick'

Apple's shares, which have jumped nearly 20 per cent this year, rose to $236.30, giving the company a market value of $3.62 trillion, the highest in the world

SpiceJet posts net loss for sixth consecutive year amid ongoing cash crunch

SpiceJet said that due to its operational and financial position, it has deferred payments to various parties, including lessors, vendors, and statutory authorities

Rays Power Infra receives projects worth Rs 833 cr in June quarter

Rays Power Infra is a turnkey solar engineering, procurement and construction (EPC) services player

SpiceJet posts 6-fold jump in profit to Rs 119 cr for March quarter

For the full fiscal 2023-24, the airline posted a loss of Rs 409.43 crore against a loss of Rs 1,503 crore in FY 23, as per the filing

IPO-bound Swiggy announces fifth ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOP liquidity over the five events, benefiting over 3,200 employees

Lupin divests women's health specialty biz in US to Evofem Biosciences

Company says divestment aligns US specialty business with therapeutic areas like respiratory, neurology