Page 796 - Company News

Prathyusha Agarwal to head Flipkart's social commerce platform Shopsy

Shopsy is Flipkart's hyper-value e-commerce platform that competes with Meesho and Amazon Bazaar

Hindustan Copper Q4 results: Net profit increases 6% to Rs 124 crore

The company had posted a consolidated net profit of Rs 132.31 crore in the year-ago period

NCLAT upholds NCLT order on Jaypee Infra, asks Suraksha to pay Rs 1,300 cr

The corporate Insolvency Resolution Process (CIRP) against Jaypee Infratech Ltd (JIL) was started in August 2017 over an application by the IDBI Bank-led consortium

Ashok Leyland to unveil 5-6 new products under LCV segment: MD Agarwal

The city-based medium and heavy commercial vehicle maker has earmarked Rs 500 to Rs 700 crore as Capital Expenditure for this financial year, said CEO Shenu Agarwal

Aditya Birla Group's market capitalisation crosses $100 billion milestone

Grasim has seen its market cap double to over $19 billion in the last 3 years on the back of incubating and scaling new high-growth engines, the statement said

Coromandel International launches 10 new products to boost crop yields

It has also developed a formulation to effectively combat fall armyworm, a highly destructive pest that damages up to 30 per cent of the corn crop annually in India

Adani Ports to be included in Sensex from June 24, Wipro to be excluded

Analysts said Adani Ports could be assigned a weightage of 1.2 per cent in the Sensex

Hero Realty Pvt Ltd appoints Madhur Gupta as its chief executive officer

Before joining Hero Realty, Gupta was CEO of Hero Steels Ltd, a part of Hero Enterprise, according to a statement

Hindalco bidding for two nickel, cobalt mines in Maharashtra, K'taka: MD

Hindalco Industries Managing Director Satish Pai said the company is not scouting for any critical mineral blocks overseas as there are a lot of blocks that have been put up for sale in India

Google to acquire minority stake in Flipkart in fresh funding round

The e-commerce firm, however, neither disclosed the amount proposed to be invested by Google nor the details of the fund being raised by the firm

Adani Ports' 0.5% stake worth Rs 1,480 crore changes hands, seller unknown

Adani Ports holds a 65.89% stake in the company, mutual funds owns 3.1% stake, while India's largest insurance company, LIC, holds a 7.86% stake

Air India appoints Sanjay Sharma as CFO with effect from June 10

Sharma will succeed Vinod Hejmadi, who is retiring after more than three decades with Air India

French automaker Citroen ropes in MS Dhoni as brand ambassador in India

On his association with Citroen, Dhoni said, "The brand shares my commitment to electric mobility and sustainable solutions and like me, focuses on doing what really matters''

Jio Financial Services plans $4.33 billion deal with Reliance Retail

Under the proposed deal, the JFS unit called Jio Leasing Services will buy telecom equipment and devices that usually include routers and cell phones

21 int'l bodies ask CJI for early resolution of Adani coal imports case

The letter comes regarding alleged fraud by the Adani Group by selling low-grade coal as high-value fuel in 2013

Infosys CEO Salil Parekh says GenAI adoption won't lead to job losses

Infosys sees technological advancements as avenues for expansion and growth, rather than as tools for reducing its workforce, said Parekh

Biocon signs licensing, supply deal for obesity drug in South Korea

Bengaluru-based company announces 'strategic partnership' with Handok

Shriram Life posts FY24 PAT at Rs 158 cr, new business premium rises 62%

Total business premium for the year ending March 31, 2024 grew by 62 per cent to Rs 1,871 crore

Adani Enterprises recovers all stock mkt losses sparked by Hindenburg

The flagship's stock rose 1.7% to 3,445.05 in Mumbai on Friday and has now almost tripled since its nadir in February 2023

Indian Overseas Bank aims to open 88 new branches in FY2024-25, says CEO

MD and CEO of the bank Ajay Kumar Srivastava after inaugurating the 3,240th branch of the bank at the Medical College in Nagapattinam highlighted the bank's aggressive plans