Page 802 - Company News

Amazon Web Services launches GenAI service Bedrock in APAC Mumbai region

It will support customers across the country, including public sector organisations and companies in regulated industries

GOVO clocks Rs 100 cr revenue in FY24, targets Rs 1,000 cr by FY28: CEO

The Bengaluru-based audio electronics brand, established in 2022, clocked a revenue of Rs 100 crore in FY2023-24, GOVO CEO and Co-founder Varun Poddar said

HDFC Life Insurance declares bonus worth Rs 3722 cr to policyholders

In participating or 'par' policies, life insurance companies share the benefit of profit in the form of bonuses with policyholders

Air India Express cancels some flights due to rostering system issues

At the Delhi airport, seven Air India Express flights -- four departures and three arrivals -- for the period between 1.50 am and 8 pm have been cancelled for Wednesday, sources said

TVS Motor starts operations in Italy, to introduce range of scooters, bikes

The company is expanding its operations in Italy via its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari, TVS Motor Co said in a regulatory filing

Nivea vs Ponds: Why are two famous moisturiser brands battling in court?

A legal battle has unfolded between Nivea and Ponds over oil content, hydration, market practices, and the use of a specific colour

LG looks to enhance lead in TV segment with products tailored for India

LG Electronics India, which on Wednesday launched 55 AI-enabled television models, expects to grow 25-30 per cent this year in its home entertainment (HE) vertical

Digital services firm UST to train over 25,000 employees in GenAI skills

Programme will 'upskill' more than 80 per cent of company's employees, it says

IndiaFirst Life Insurance names Rushabh Gandhi as its next MD & CEO

Financial services veteran will have a 5-year term; incumbent R M Vishakha to retire in June

Canada imposes Rs 82 lakh penalty on Infosys for underpayment of tax

Infosys has stated that it anticipates no significant impact on its financials, operations, or other commitments due to the imposition of the fine

SAIL's Bhilai steel plant to install solar energy systems in premises

The proposed plan shall generate about 2 MW of electricity

Trouble mounts for MDH, Everest as New Zealand checks for contamination

Regulators in India have inspected MDH and Everest plants and sent samples for testing after the global scrutiny, though the results have not yet been made public

LIC gets 3-year extension from Sebi to meet public shareholding norms

Sebi regulations require all listed companies to maintain a 25% public float, but firms with a post-issue market capitalisation exceeding Rs 1 trillion have a 5-year timeline to meet the 25% MPS rule

India's maiden mythology OTT platform 'Hari Om' set to debut: Details here

Vibhu Agarwal, the force behind this project, has previously been involved with platforms like 'Ullu' and 'Atrangii'

As movies disappoint, PVR Inox may screen T20 Cricket World Cup, concerts

PVR Inox, which reported a net quarterly loss of Rs 130 crore ($15.6 million) on Tuesday, is building a portfolio of concerts, sports, and alternate events to attract crowds

Stars aligned for Vi? Rs 18K cr FPO has raised hopes of a daring turnaround

But tariff hikes are needed and dues need to be paid

Promoter group to sell 2.53% stake worth $316 million in Cipla: Report

The promoter group will sell its stake in Cipla at a per-share price range of 1,289.5 rupees to 1,357.35 rupees, the report said

In the blink of an eye: Zomato-owned firm Blinkit's quick turnaround

Looking at the numbers revealed as part of Zomato's results, Blinkit is working out better than "just fine". It turned operationally profitable in March, and there is more

Supreme Court reserves verdict in Patanjali misleading advertisements case

The court is hearing a petition filed by the Indian Medical Association (IMA) against Patanjali's advertisements attacking allopathy and making claims about curing certain diseases

Tata Motors overtakes TCS as group's most profitable firm after 10 years

Despite this, TCS remains the most profitable firm in the Tata group in terms of annual profit