Page 970 - Company News

NTPC, Numaligarh Refinery ink pact to explore green chemical projects

While NTPC Ltd is an entity under the Ministry of Power, Numaligarh Refinery Limited (NRL) is a subsidiary of Oil India Ltd, engaged in the business of refining and marketing petroleum products

Star Health Insurance Q3 results: Net profit rises 37.5% to Rs 289.55 cr

The net commission of the health insurer dropped 13.11 per cent (Y-o-Y) to Rs 349.85 crore from Rs 402.64 crore

SpiceJet to launch eight flights to Ayodhya on Feb 1, Scindia to inaugurate

The flights will connect Ayodhya with Delhi, Chennai, Ahmedabad, Jaipur, Patna, Darbhanga, Mumbai and Bengaluru, the official said

Kore.ai, startup building conversational AI, secures $150 mn in funding

The investment was led by FTV Capital and had participation from chip giant Nvidia

KPIT Technologies Q3 results: Profit after tax up 50.6% at Rs 156 crore

KPIT's results are opposite to what some of the larger peers have reported. The firms strategy to focus on the auto segment is paying off

TeamLease Q3 results: Profit rises 7% on strong general staffing business

Overall consolidated revenue from operations rose nearly 22% to 24.45 billion rupees

Red Sea crisis: Exports, higher freight impacts wire maker R R Kabel

Attacks by Yemen's Houthi militia on merchant ships in the Red Sea and retaliatory U.S. strikes have ratcheted up tensions in the Middle East as the Gaza war rages on

Blackstone's Aadhar Housing Finance targets $600 million India IPO: Report

Aadhar plans to file its IPO papers with India's market regulator within the next two weeks, both sources said

Skoda Auto Volkswagen India appoints Jan Bures as head sales, marketing

Effective February 1, Bures will succeed Christian Cahn von Seelen, whose tenure in in India will conclude, the company said in a statement

PB Fintech Q3 results: PAT at Rs 38.05 cr, revenue from ops rises 43%

Revenue from operations rose nearly 43 per cent to Rs 871 crore rupees as proceeds from its insurance broker services more-than-doubled

TCS extends deal with UK's Aviva for 15 yrs to improve customer experience

Indian company's scope of work will expand to cover more than 5.5 mn insurance policies

Sun Life goes big on GenAI and emerging tech to drive client excellence

Sharing a few examples on innovation driven around GenAI, Laura elaborated that Sun Life has recently launched an internal chatbot to help people become more productive and efficient

Ride-hailing company Uber launches operations in Jammu and Kashmir

Intercity rides can be booked to tourist destinations around Srinagar, including Gulmarg, Sonmarg, and Pahalgam, the company said

Boney Kapoor-Bhutani backed firm wins bid to develop Film City near Noida

The financial bid for the greenfield project was opened on Tuesday afternoon by the Yamuna Expressway Industrial Development Authority (YEIDA), which functions under the Uttar Pradesh government

Meesho delists 200,000 products; to reduce visibility of low-rated items

The company said that quality evaluation was conducted through a comprehensive analysis of customer reviews, ratings and feedback

CIEL Group plans IPO by Q3FY25, aims to raise nearly Rs 500 crore

CIEL continued to focus on its HRTech and Consulting lines of business; as a result, the group contribution of these segments in the overall portfolio has increased to 41 per cent

Bajaj Finserv arm acquires 100% stake in Vidal Healthcare Services

On the deal, Pune-based Bajaj Finserv said that it aims to expand its capabilities in the healthcare sector in India

TVS Industrial and Logistical Parks, Goa-IPB to set up warehousing park

The strategic commitment involves an investment of Rs 125 crore, marking TVS ILP fostering industrial growth in Goa, a company statement issued here on Tuesday said

Ikea adds doorstep delivery facility in new markets, expects higher demand

At present, Ikea India gets around 25 per cent of its sales through online channels. The company will soon launch its Shop By Phone assistance service, company's India CEO Susanne Pulverer said

Wheels India Q3 results: Net profit at Rs 12.58 cr amid low-demand

Revenues during the quarter under review grew to Rs 1,131 crore driven by a strong recovery in exports, as compared to Rs 1,018 crore registered in the same period of last year