Page 742 - Company News

BlackRock buys 4.55 mn shares of Swan Energy worth Rs 304 cr via block deal

The shares were picked up at an average price of Rs 668.27 apiece, taking the combined deal size to Rs 304.50 crore

MobiKwik wallet numbers rise as banking players go through downturn

Among the non-bank players, MobiKwik had about 134.1 million wallets in January, which rose 2 per cent to 136.8 million in May, ranking the company second in terms of wallet numbers

Nestle India investors clear royalty payments to parent co at existing rate

Earlier in May this year, the shareholders of co had rejected proposal to increase payment of royalty to parent Socit des Produits Nestl S.A by 0.15% per year for the next five years

Food inflation, commodity prices remain a challenge: Nestle India

Company declares interim dividend of Rs 2.75 per equity share, final dividend of Rs 8.5 per equity share

Sun Pharma open to exploring acquisitions in global specialty portfolio

Sun Pharma has net cash position of $2.4 bn at end of FY24; 6 new specialty products in R&D pipeline

Results preview: FMCG firms likely to hitch a ride on rural uptick in Q1

Volume growth expected to witness a sequential recovery

We plan to double shipments to 700 mn in India in 10 yrs: Xiaomi president

He said the company is mulling to start manufacturing artificial intelligence-based Internet of Things devices in India, and conversations are on for making its tablet in the country

Ola's Bhavish Aggarwal urges developers to shift from Google Maps

Ola is offering developers a year of free access to Ola Maps on the company's Krutrim Cloud and over Rs 100 crore in free credits

Online grocery shopping permeates Tier-III,-IV: LocalCircles study

2 in 3 consumers who use online grocery platforms to purchase groceries say they prefer a 3-24 hour delivery window with no delivery fee

Mercedes looks to charge up India play, posts 60% rise in battery EV sales

The company launched the EQA 250+ on Monday, priced at Rs 66 lakh, which comes with a range of 497-560 km per charge

Adi-Nadir family acquires 13% in Godrej Industries for Rs 3.8k crore

Godrej Industries shares closed at Rs 899 a share on Monday

Hindustan Zinc releases report on nature-related risks, climate change

TNFD report outlines nature-related dependencies, impacts, risks and opportunities and allows for an assessment of the company's direct operations, the report said

Tata Motors Group reports 2% increase in Q1 FY25 global wholesales

CV sales up, passenger vehicles dip slightly; JLR growth strong

Accenture buys Bengaluru-based chip design company Excelmax Technologies

The investment signifies that the company is making to build semiconductor capabilities

Ajmera Realty & Infra clocks 36% growth in Q1 sales bookings to Rs 306 cr

Dhaval Ajmera, Director at Ajmera Realty & Infra India, said the company achieved robust growth of 36 per cent buoyed by the successful launch of its project 'Ajmera Vihara' at Bhandup in Mumbai

HC orders social media platforms to ban accounts misusing Razorpay's name

The Delhi High Court's order includes measures such as suspension of access to domain names operated by unknown entities involved in these scams

Bharat Petroleum, Vitol Asia among eight bidders for Sri Lanka LPG terminal

Litro holds the largest market share in Sri Lanka's duopoly LPG market that is mostly focused on domestic gas supplies

Torrent Power to build 50 MW solar projects for ARS Steel's power supply

Torrent Power is into generation, transmission and distribution of power. The company is also engaged in the manufacturing and supply of power cables

SpiceJet faces new financial crisis over unpaid provident fund dues

SpiceJet faces new financial crisis: The last provident fund deposit by SpiceJet was made in January 2022 for 11,581 employees, as revealed by a query sent to the EPFO

State Bank of India invites EoIs for stressed exposure in Amul Industries

Entities submitting EoIs will be allowed to conduct due diligence on the asset by August 5, following which binding bids will be invited during the e-auction on a 100 per cent cash basis