Page 789 - Company News

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex

Semi-annual rebalancing of BSE indices on Friday

MCA fines Nadella, LinkedIn India, 8 others for violating SBO norms

Company law experts have noted that the company has the option to appeal against the RoC order at the office of the regional director, MCA, or high court

Adani group mcap regains $200 bn-mark as co rebuts coal invoicing claims

With Rs 11,300 crore gain on Wednesday, the apples-to-airport conglomerate gained Rs 56,250 crore in market capitalisation in the last two trading sessions, stock exchange data showed

Paytm changes designation of senior exec, CBO Ripunjai Gaur named SMP

Fintech giant has seen exits in its senior management after its banking unit was put under restrictions in January

Loans to subscriptions: Paytm feels effect of RBI curtailing Payments Bank

Paytm on Wednesday reported a 54 per cent year-on-year (Y-o-Y) decline in total loans disbursed in its financial results for 2023-24 (FY24)

Vedanta seeks shareholders' approval for Rs 8,500 crore fundraise

The e-voting for postal ballot will start at 9 am on Thursday and will end at 5 pm on June 21, the filing said

Ericsson mulls telecom equipment export from India in future amid 5G boom

Senior company official Ng Thiaw Seng said, at present, the entire production of its India plant is getting consumed locally due to very high demand

Disney to sell 30% stake in Tata Play to Tata Group, valuing co at $1 bn

The transaction values Tata Play Ltd. at about $1 billion, the people said. Tata Group took full control of the TV platform after buying the 29.8% stake from Disney

DS Group targets Rs 5,000-cr revenue from confectionery business in 5 years

The maker of Rajnigandha Silver Pearls and Pass Pass plans to continue its focus on Indian ethnic flavours to drive this growth

MCA fines LinkedIn India, Nadella, 8 others for companies law violations

Other individuals who have been fined are Keith Ranger Dolliver, Benjamin Owen Orndorff, Michelle Katty Leung, Lisa Emiko Sato, Ashutosh Gupta, Mark Leonard Nadres Legaspi and Henry Chining Fong

Expecting double-digit sales growth on strong demand: Mercedes-Benz India

The company, which on Wednesday introduced luxury models -- Maybach GLS 600 4MATIC SUV and AMG S 63 E Performance Edition 1 on Wednesday, had sold 18,123 units last fiscal

SWCNTs producer NoPo Nanotechnologies raises $3 mn in pre-series A funding

NoPo specializes in the production of single-walled carbon nanotubes (SWCNTs), a material that holds promise across various applications, ranging from usage by EV battery manufacturers

Reduced flights impacting cabin crew salary: Air India Express union

The Air India Express Employees Union has claimed that more than 100 employees have not been able to work due to the unavailability of airport entry passes

Cisco and Tata Communications partner to launch Webex Calling in India

The calls will be routed via Tata Communications' data centre in the Mumbai region, thereby helping organisations stay compliant with local regulations

Marks & Spencer posts 58% rise in profit as turnaround plan delivers

Sales rose 9.4% to 13.1 billion pounds, with food sales up 13.0% and clothing and homewares up 5.3%

Karur Vysya Bank to open 100 new branches in FY25: MD & CEO Ramesh Babu

The Tamil Nadu-based bank's 840th branch in Ayodhya was inaugurated by the bank's Chairperson Meena Hemchandra

Vedanta Aluminium turning to renewables, not adding coal capacity: CEO

Coal accounts for nearly 50% of the country's installed power capacity of 443 GW

Gail to invest Rs 50,000 crore in petrochemical unit in Madhya Pradesh

The new ethane cracking unit aims to meet the domestic demand for petrochemicals, which is projected to nearly triple to $1 trillion by 2040

Prodapt Solutions aims to clock $1 bn revenue in 5-6 yrs: CEO Harsha Kumar

Prodapt currently has an employee base of 6,000 globally of which 4,500 are based out of India

Snapchat parent strengthens India team with key leadership appointments

Saket Jha Saurabh named director for content, partnerships and augmented reality; Chirag Kohli is the head of growth