Page 749 - Company News

Kia India sales zoom past 120,000 in 2024 first half; records 6% growth

Our superior product offerings have consistently attracted customers to our showrooms throughout the year, maintaining a strong sales position, said Kia India in a statement

Reliance Industries can add up to $100 bn to market cap: Morgan Stanley

The oil-to-telecom conglomerate has seen monetisation cycles deliver 2-3x value creation for shareholders in the past nearly three decades, with each decade seeing $60 billion+ in market cap creation

Incuspaze takes on lease of 580,000 sq feet office space in Gurugram

Incuspaze has taken on lease 220,000 square feet in M3M's commercial project on Golf Course Extension in Gurugram

State-run Coal India's production rises by 8% to 189 MT in first quarter

Coal India's production in June increased by 9 per cent to 63 MT, over 58 MT produced in June FY24

Maruti Suzuki sales grew by 12% to 179,228 units in Jun, exports rise

The total domestic passenger vehicle sales were 137,160 units last month compared, said automaker Maruti Suzuki India

Audi India reports 6% decline in June quarter retail sales at 1,431 units

The German luxury carmaker had sold 1,524 units in the year-ago period

Asset manager BlackRock to buy UK data firm Preqin for $3.2 bn in cash

BlackRock, which manages more than $10 trillion, is seeking to capitalise on a boom in demand from investors for alternative assets

Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm

Purplle has also announced a Employee Stock Ownership Plan (ESOP) liquidity programme and will offer liquidity of Rs 50 crore to its employees

Godrej Properties buys land in Bengaluru for high-end residential project

The development on this land will comprise a high-end residential project featuring premium residential apartments of various configurations

India Cements denies rumours of Rs 500 cr funding talks with BofA, Nomura

News report of funding talks emerged after UltraTech Cement announced its plans to acquire over 70 million shares in India Cements

Zomato faces Rs 9.45 crore GST demand from Karnataka tax authorities

Food delivery platform and quick commerce company Zomato will be filing an appeal against the order

Air India to set up flying institute in Maha to train 180 pilots annually

The DGCA-licensed Flight Training Organisation at the Belora Airport will be the largest such institute in South Asia

REC loan sanctions grow 24% to Rs 1.12 trn in Q1; Rs 40k cr for renewables

Loan disbursements rose 27.89 per cent to Rs 43,652 crore in the period under review

Fintech company Olyv expects FY25 revenue to rise 40% on expanded user base

Olyv claims that the monthly active user base on the platform grew by 80 per cent year-on-year

Jubilant to deliver extra cheese on value, with slice of pizza recovery

Domino's Indian franchise gains steam as pizza outpaces burger rivals amid shifting market dynamics

Will have our cells in EVs by early 2025: Ola Electric's Bhavish Aggarwal

These cells would be manufactured from its newly set up Ola Gigafactory in Krishnagiri, Tamil Nadu

A-I Express union alleges unfair labour practices; seeks govt intervention

The Air India Express Employees Union (AIXEU), which is affiliated with the Bharatiya Mazdoor Sangh, has written a letter to the Chief Labour Commissioner (Central) in this regard

CS Setty: Soft spoken village boy set to occupy SBI's corner office

CS Setty is currently looking after international banking, global markets & technology portfolios

IBBI introduces digital forms for monitoring liquidation processes

The new circular, issued by the Insolvency and Bankruptcy Board of India (IBBI) on June 28, introduces forms LIQ 1 to LIQ 4, covering different stages of the liquidation process.

Spectrum auction: Govt to issue demand note to telcos this week for payment

The auction -- lasted for two days spanning seven rounds this time around - witnessed the sale of 141.4 MHz of radio waves for Rs 11,340.78 crore