Page 18 - Indian Companies

Plan to double international transit traffic in 5-10 years: Air India exec

Says 'out-of-the-box thinking' needed to develop Delhi, Mumbai, Bengaluru as transit hubs

Zee's board gives in-principle approval to raise funds up to Rs 2,000 crore

This announcement comes after Sony India terminated its merger agreement with Zee Entertainment worth $10 billion in January this year

Wipro bags $500 million deal from US communication service provider

Wipro's communication vertical declined 14.7 per cent year-on-year and contributed 4.2 per cent to the total revenue as of FY24

Fintech firm Fibe raises $90 mn in funding round, looks to list in 3 years

Consumer loans company says it will use the financing to expand business

Reforms, PLI: CEOs expect new govt to maintain policy continuity

The election results coincide with a slowdown in manufacturing activity for the second consecutive month in May

Govt bolsters ACC testing infra as PLI beneficiaries near production stage

Advanced Chemistry Cells (ACC) batteries undergo thorough testing to ensure safety, reliability, and performance

India Inc's combined net profit in Q4 grew least in last 5 quarters

Companies reported combined net sales of Rs 37.57 trillion in Q4FY24, up from the Rs 35.05 trillion in Q4FY24 and Rs 35.44 trillion in Q3FY24

Feud in Godfrey Phillips: Samir Modi files FIR against mother Bina

According to the complaint filed by Samir, KK Modi's younger son, he was invited to the board meeting on Friday

Tata Motors electric vehicle business posts Rs 9,300 crore revenue in FY24

Co expects PV industry demand to moderate as a result of high base effect

Raymond to add 300 stores in next 12 months, says Gautam Singhania

Rural demand to pick up with expectations of good monsoon

Charging ahead: Focus on net carbon zero, says TaMo's Shailesh Chandra

"Frankly, Tata Motors has no dilemma around which technology to invest in. We have to watch for the long-term mega trends since there will be many intermittent confusions and distractions"

Tainted promoters misusing asset reconstruction companies, says RBI

Rao emphasised the need for robust governance structures for ARCs for transparent and effective functioning

Tata Group firms executing over 100 GenAI projects: Chandrasekaran

Chandrasekaran said that AI will empower every employee to perform at a higher level of productivity.

Canara Bank says it will raise up to Rs 8,500 cr in debt capital in FY25

State-owned lender to sell 14.5% stake in life insurance subsidiary via IPO

Medtronic appoints Mandeep Singh Kumar as Vice President of India business

In his new role, Mandeep Singh Kumar will be responsible for overseeing sales, marketing, and commercial operations for Medtronic's business in India

NSE Indices launch India's first EV index; Awfis Space gains 9% on debut

Hero FinCorp mainly offers two-wheeler financing, leveraging 2,000 retail touchpoints of Hero MotoCorp

Personal care products firm Emami stock spurts on growth expectations

Major brands such as BoroPlus, the pain management range, the healthcare range, 7 Oils in One, The Man Company, and Brillare registered strong performance during the quarter

Tata Steel Q4FY24 results: Net profit drops 64.1% to Rs 611.48 cr

Consolidated revenue from operations at Rs 58,687.31 crore was down by 6.8 per cent Y-o-Y. The Bloomberg consensus estimate for revenue was Rs 58,375.1 crore and net income Rs 928 crore

Non-metros emerging as significant contributors to fashion: Myntra's CBO

Sharon Pais says the demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick

Consulting firm PwC to be largest customer of OpenAI's enterprise product

PwC will provide the product, ChatGPT Enterprise, to around 100,000 of its employees in the USA and the UK