Page 761 - Company News

ICICI Bank mcap tops $100 bn; becomes only sixth Indian co to hit milestone

The private sector lender joins likes of Reliance Industries, Tata Consultancy Services, HDFC Bank, and Bharti Airtel, four other domestically-listed companies with market value of more than $100 bn

Regulator notices citing 'lapses' received by group 'trivial': Adani CFO

Led by billionaire Gautam Adani, the group has faced regulatory challenges in India since a report by short seller Hindenburg Research in January 2023

Special course to help independent directors read financial statements

Training by the Indian Institute of Corporate Affairs is expected to help improve compliance

'Tata Power Renewable Energy accepts bids for multiple-tenor bonds'

The issuer will pay a coupon of 7.93 per cent on both the bond issues and had invited bids for the same earlier in the day

Tata Motors ties up with Bajaj Finance for commercial vehicle finance

With Bajaj Finance's wide network in rural and urban areas, customers will have easy access to financing solutions as per their requirements, said Tata Motors' official

Adani to invest Rs 1.3 trn in FY25 across portfolio companies, says CFO

The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation

JSW Steel USA to invest $110 mn to modernise plate mill in Baytown, Texas

These investments will enable the production of high-quality monopile steel plates to support the US administration's new actions to expand offshore wind energy

Euronics aims to double turnover to Rs 400 cr by 2025-26: MD & CEO Jain

The company has invested Rs 100 crore to set up the washroom automation accessories production unit at Gurugram

Ready to cash in on infrastructure sector, says Gautam Adani at AGM

Adani added that India's spend on infrastructure is expected to reach a cumulative total of $2.5 trillion

JPMorgan India Bank CEO Prabdev Singh quits before end of term: Report

Singh, popularly known as PD, had received regulatory approval in January 2023 for a three-year term as CEO of JPMorgan Chase Bank India

Alcobev players ramp up single-malt portfolio to cater to surge in demand

On market expansion, DeVans plans to make a significant entry into Maharashtra this year while also strengthening its foothold in Goa

CoinDCX launches Web3 mode on its app enabling access to 50k DeFi tokens

The company will offer points to CoinDCX users based on their transaction history as part of the current launch

Adani, Hindalco show interest in Hindustan Copper's Jharkhand mines

The interest from Adani Enterprises and Hindalco Industries, two of India's leading industrial conglomerates, highlights the potential and attractiveness of these mines

Kotak Mahindra Bank to add up to 200 branches in FY25, says report

India's fourth-largest private lender will target the pockets where there is easy availability of deposits, the official said, adding that customer acquisition through branches is seeing good traction

From bricks to stocks: Indian family houses take leap with new-found wealth

'Shift is driven by favourable valuations and the diminishing stigma associated with selling a family business'

WeWork's exit from India unit unlikely to impact domestic co-working market

Industry executives believe investors are bullish on this sector in India and their interest has increased after the successful IPO of Awfis Space Solutions

Hero MotoCorp to hike prices of motorcycles, scooters from July 1

Price rise would be upto Rs 1500 varying with models

Paytm eyes expansion in travel, ties up with Skyscanner & Google Flights

The firm recorded a 19 per cent year-on-year increase in flight bookings on the platform in Q4FY24

All permanent workers of Britannia's Kolkata unit take voluntary retirement

Despite this significant workforce change, a company official claimed that there would be no material impact on the business operations of Britannia Industries

Robust summer demand across fans, ACs to drive gains for Havells India

Management says Havells aspires to be among the top-5 players in large kitchen appliances (market size around Rs 12,000 crore) where it has made a foray