Page 804 - Company News

Q4 results: Airtel, Siemens, PVR Inox among 97 firms to post earnings today

Q4 FY24 results: Patanjali Foods, Zydus Wellness, Bajaj Electrical, Colgate-Palmolive too will release their fourth quarter results

AI Express fiasco: Woman couldn't see hospitalised husband before death

The woman, Amrita, had booked tickets for May 8 to see her husband in Muscat, but on reaching the airport here, she was told that the flight was cancelled

Reliance Retail Ventures plans expanding in diagnostic healthcare: Report

Company said to be considering acquiring majority stake in dedicated diagnostic services firm

DLF's FY24 sales down 2% to Rs 14,778 crore due to subdued March qtr

Giving details about sales in the last fiscal, DLF said that 82 per cent contribution came from new launches

TVS Motor launches new TVS iQube e-scooter; price starts from Rs 94,999

The TVS iQube Electric series, powered by TVS Motor's in-house EV technology, has already crossed the 300,000 unit sales mark

M&A activity: Deals fell 60% in April to $5.19 bn despite more transactions

This was despite a 24 per cent increase in the number of deals at 176 during the month, the report by a consultancy firm said

Lessors left stranded as NCLT defers Go First insolvency hearing to July 11

NCLT indicated that it needed more time to study the Delhi High Court's order that told the Directorate General of Civil Aviation (DGCA) to deregister all its 54 aircraft by May 3, 2024

TCS announces creation of Global AI Center of Excellence in Paris

TCS has continuously ramped up its investments in France, since commencing operations in 1992. With the acquisition of TKS- Teknosoft in 2006, and of Alti in 2013

Gains in tech firm ABB India may sustain on strong margin outlook

ABB is well positioned to benefit from private capex growth, industrial automation, PLI-led capex, global offshoring, improved energy demand, and technological advancements across user industries

ICICI Securities breached shareholder privacy rules: Shareholders tell NCLT

They claimed ICICI Bank contacted and misled shareholders in delisting process

Warburg Pincus to acquire Shriram Housing Finance for Rs 4,630 crore

Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment from all the sellers

Murugappa Group to foray into e-SCV, plans to invest Rs 3,000 crore on EVs

This comes days after TI Clean Mobility signed a definitive agreement to raise Rs 580 crore from private equity firm GEF Capital Partners LLC

Realty firm Shapoorji group seeks more time to clear bondholder payments

The company is required to pay around 1,400 crore rupees ($167.62 million) to bondholders of Goswami Infratech when it services the debt of another group company Sterling Investment Corp

Will continue to expand SUV offerings to recover mkt share in India: Suzuki

The company, which currently has around 58 per cent stake in Maruti Suzuki India, said its net sales increased by 732.6 billion yen (15.8 per cent) year-on-year to 5,374.3 billion yen for the last FY

Piramal Pharma open to partnerships in OTC; eyes further debt reduction

Piramal said that they are focusing on organic growth across all their verticals - OTC business in India, complex hospital generics, and the Contract Development and Manufacturing (CDMO) business

French BPM major Teleperformance to hire 15,000 people by end of 2025

The company plans to add 60,000 employees over the next three years in India

Zomato to surrender RBI licence to operate as online payment aggregator

The development comes months after the company received the licence from the central bank to operate as an online payment aggregator, with effect from January 24, 2024

Zomato seeks approval from shareholders for creation of new ESOP pool

The company said that under the ESOP 2024, it will grant shares of 18.26 crore to the employees of the company

Paytm to focus on UPI Lite Wallet after RBI's crackdown on payments bank

Users can add up to Rs 4,000 daily and carry out low-value transactions without requiring a PIN

Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore

Coromandel will invest Rs 150 crore through a fresh issue of shares to increase its overall shareholding in Dhaksha to 58 per cent. Dhaksha, incorporated in 2019 and headquartered in Chennai