Page 792 - Company News

Muthoot FinCorp records highest-ever loan disbursement at Rs 61,703 cr

The assets under management (AUM) of the company stood at Rs 21,712.34 crore, up 23.26 per cent compared to Rs 17,615.07 crore in the year-ago period

Coforge, Microsoft to launch innovation hub for creating GenAI solutions

"This collaboration with Microsoft will further accelerate our efforts to deliver industry-leading generative AI solutions to our customers," Coforge CEO and executive director Sudhir Singh said

State Bank of India once again refuses to disclose electoral bond SOPs

State Bank of India has declined to disclose its SOPs for electoral bond transactions, citing 'commercial confidence' and asserting them as the bank's 'intellectual property'

How iconic Indian snack brand Haldiram's became a global investment target

Major foreign private equity firms like Blackstone, Bain Capital, and Singapore's Temasek seek up to 76% stake in the Indian food giant

M&M Finance appoints Mahesh Rajaraman as CRO, to replace Mallika Mittal

Mittal would be exploring opportunities externally as per her resignation letter

Shriram Properties inks JV for housing project; eyes over Rs 250 cr revenue

Nearly 75% of ongoing projects are already sold and the company has no inventory of completed projects/phases

Bandhan Bank seeks external candidate for CEO role as Ghosh set to retire

Headhunting firm Egon Zehnder is currently evaluating potential candidates and is expected to present a shortlist to Bandhan Bank's board in the coming weeks

FSIB defers interview for SBI chairman's post, new date after poll results

The Financial Services Institutions Bureau (FSIB) will schedule the interview well in advance to select a replacement for Dinesh Khara, who will be superannuating on August 28

Gensol Engineering appoints Shilpa Urhekar as CEO of Solar EPC, India

Urhekar will succeed Ali Imran Naqvi, who has been nominated to oversee the growth of Gensol Engineering Ltd and its subsidiaries, the company said in a BSE filing

Pine Labs gets approval from Singapore court to relocate base to India

Pine Labs' decision to shift domicile follows a broader trend among fintech firms like PhonePe and Groww, which have also moved their bases back to India

JSW Cement to invest Rs 3K cr to set up manufacturing unit in Rajasthan

The greenfield, integrated facility will be funded by a mix of debt and equity, the company said

Biocon Biologics announces getting US FDA approval for eye treatment drug

Company says approval is a 'significant milestone' and marks entry in new therapeutic area in the US

Q4 results today: BHEL, NMDC among 115 firms to release earnings on May 21

Company results Q4 FY24: JK Tyre & Industries, Religare Enterprises, and Hitachi Energy India are poised to release the financial report for the fourth quarter today

FSIB to interview eligible candidates for SBI Chairman post on May 21

FSIB would recommend the name and the final decision would be taken by the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi

Randstad Digital eyes GCCs in India to drive growth in its IT business

Randstad Digital's focus verticals include banking, financial services and insurance (BFSI), automotive and aerospace, and high tech verticals

Ola's next stop: Scaling up fintech, logistics, e-commerce businesses

Firm looks to shore up allied ecosystem to complement ride-hailing services

The audience can't be tricked: RIL President, media biz, Jyoti Deshpande

We didn't have a direct scalable presence in the content value chain other than the TV programming created by Colors. So we set up Jio Studios with a vision to become India's largest storyteller

Dixon Technologies: Q4FY24 performance disappoints, valuation rich

The 5G rollout is opening demand for new devices. Scaling up in home appliances and laptops should also drive revenues

PGIM India Asset Management aims to double AUM to Rs 50,000 cr in 2-3 yrs

This growth was fuelled by the growing participation of retail investors and buoyant equity markets

Ujjivan SFB board to decide universal bank transition timelines in FY25

Ujjivan SFB's gross and net NPA ratio were 2.1 per cent and 0.3 per cent in March 2024. The ratios were at 2.6 per cent and 0.4 per cent as on March 2023