Page 743 - Company News

Tata Realty gets Rs 825 cr from IFC for advancement in Chennai green asset

This financing initiative is part of Tata Realty's broader commitment to advance its sustainability efforts and elevate the standard of green commercial spaces across India

Edelweiss Financial Services plans to raise up to Rs 200 crore through NCDs

The company plans to allocate at least 75% of funds raised to the repayment or prepayment of existing borrowings

L&T bags Rs 10-15K cr order to build two solar plants in West Asia

Proposed plants will have a cumulative capacity of 3.5 GW, the Indian engineering giant said. The work on the projects will commence soon

Tata Consumer Products to boost growth of tea, coffee, salt businesses

In 2023-24 report, TCPL said that to strengthen and accelerate core businesses, contribution of modern trade to total sales within the country was 14 per cent driven by the growth of new businesses

Blackstone Inc in advanced talks to acquire controlling stake in Haldiram's

Blackstone, together with consortium partners Abu Dhabi Investment Authority and Singapore's GIC, have been in discussions for several months with the Agrawal family members based in Delhi and Nagpur

Maruti Suzuki to dispatch 35% of vehicle production via railways by FY31

The share of vehicle dispatches through railways scaled to 21.5 per cent in the 2023-24 fiscal from 5 per cent in 2014-15

Xiaomi to showcase its first electric car SU7 EV on June 9 in India

Chinese technology company Xiaomi might not proceed with launching SU7 EV in the Indian market just yet, reports suggest. It aims to gauge the interest of Indian consumers in its electric cars

Welspun One raises Rs 2,275 cr for second fund to build warehousing assets

The capital was sourced from a diverse pool of about 800 Limited Partners (LPs) or investors

TCS, HCL earnings recovery may get further push from growth in AI demand

TCS results this week should show revenue growth picked up sequentially in the April-June quarter, consensus estimates show

Swiss challenge auction: Union Bank gets sole counter bid for Jaypee Health

Bank called for a Swiss auction for 5 accounts after receiving binding bids from a list of 25 accounts for sale

New British govt prioritising avoiding job cuts in Tata Steel talks

Tata, Britain's biggest steel producer, started closing one of its carbon-intensive blast furnaces on Thursday while the shutdown of its other one is slated for September

LIC's residual stake value surges in top groups on stock market boom

Value of investments in top conglomerates at Rs 4.39 trn, up 37.5%

Launch triumphs, JLR margin turn the ignition key to gains for Tata Motors

Some brokerages foresee growth via higher market share, prices, margins

PC Jewellers gets PNB clearance for one-time settlement of outstanding dues

The terms and conditions of approved OTS include cash and equity components payable under settlement, release of securities and mortgaged properties etc, the filing said

Nykaa expects consolidated revenue to increase 22-23% in Apr-Jun quarter

FSN E-Commerce Ventures also informed that it is commencing vertical-wise segmental reporting, beginning this quarter

NexGen Energia to invest Rs 15K cr to open 5,000 green diesel, CBG pumps

The Noida-based company recently inaugurated its first CBG pump in Mau district in UP, marking its entry to execute engineering, procurement, and construction services in the clean energy sector

Signature Global Q1 sales bookings jump 3.5X to Rs 3.1K cr on strong demand

According to a regulatory filing, Signature Global sold 968 units in the first quarter of this fiscal against 894 units in the corresponding period of the previous year

Pixxel hopes to deliver satellites for Indian Air Force by mid-2025

The IAF has signed a contract with the Bengaluru-headquartered Pixxel Space founded by young entrepreneurs Awais Ahmed and Kshitij Khandelwal of BITS Pilani

JM Financial to increase stake in Credit Solutions, sell 71.79% ARC stake

To acquire additional 49% stake in JM Financial Credit Solutions

Bandhan Bank appoints Ratan Kumar Kesh as interim MD&CEO for 3 months

Kesh currently holds the position of executive director & chief operating officer at the bank