Page 7 - Indian Companies

SC restores DRI's key powers; Rs 20K cr Customs duty recovery back on track

Setback for Vedanta, Vi, Adani Enterprises, Canon, and 104 others

At current steel prices, margins don't justify investments: Tata Steel CEO

T V Narendran tells that in many ways second quarter of FY25 was the worst, but Q3 also comes with challenges

Indian Hotels Company inks pact with Delhi's iconic Claridges Hotels

The hospitality giant reported a 232 per cent increase in net profit to Rs 555 crore in the September quarter, with revenue rising 25 per cent to Rs 1,890 crore

Tata Power partners with Noida Airport for Rs 550 cr clean energy project

Tata Power will invest Rs 550 crore to develop solar and wind power capacities and related infrastructure to supply clean energy to Noida International Airport (NIA), a statement said. Tata Power has signed two power purchase agreements with the upcoming Noida International Airport project in Uttar Pradesh. "Tata Power has entered into a strategic partnership for RE integration with Noida International Airport (NIA). Tata Power will invest Rs 550 crore (USD 66 million) in solar and wind power supply, and the development of critical dry utilities and smart energy infrastructure," the company said in a statement. Under the arrangement, Tata Power's arm Tata Power Trading Company Ltd (TPTCL) will supply 10.8 MW of wind power to the airport with secured assets from Tata Power Renewable Energy Ltd (TPREL). TPREL will also develop, operate, and maintain a 13 MW onsite solar power capacity to contribute to the airport's overall energy needs. Tata Power CEO & MD Praveer Sinha said, This .

Tata Steel Q2 results: Net profit at Rs 833.45 crore due to lower expenses

T V Narendran, chief executive officer and managing director of Tata Steel, said the global operating environment remains complex, with key regions experiencing subdued growth

Wakefit records 50% growth in festive sale revenues across platforms

The sleep solutions firm said the trends indicate that consumer behaviour is shifting towards wellness, long-term value and preference for premium and functional products

Crypto exchange co WazirX battles liabilities, white knights yet to arrive

Crypto exchange may be engaged in talks with a bunch of platforms for a potential deal

Cognizant saw 13,000 associates joining back, says CEO Ravi Kumar

AI is a unique technology and it will disrupt the knowledge worker

Aditya Birla Capital Q2FY25 results: Net profit up 42% to Rs 1,001 crore

The company is focused on capturing white spaces and driving penetration into Tier-III and Tier-IV towns and new customer segments

Swiggy early investors to pocket gains ranging between 3x and 35x

Norwest Venture, which invested in Swiggy's Series B round in 2015, will make gains of up to 26 times, with an acquisition cost of Rs 14.82 per share

Tata Power Q2FY25 results: Net profit rises 6% to Rs 926.53 crore

Tata Power Renewable Energy estimated the impact of stamp duty related to a merger at Rs 140 crore during the quarter, which the company disclosed as an exceptional item

Yatharth Hospital to acquire 60% stake in MGS Infotech for Rs 152 crore

In February 2024, Yatharth Hospitals acquired a 100 per cent stake in the Faridabad-based 175-bed Asian Fidelis Hospital for an enterprise value of Rs 116 crore

Realty cos raise over Rs 12,800 cr between Jan-Sept 2024 via QIPs: Report

17% of total funds raised through QIPs in 9 months of 2024 went to real estate firms. Renewable energy tops the list

PNB Housing Finance looks to grow corporate loan book starting Q3

The New Delhi-based mortgage lender previously held a substantial corporate loan portfolio but reduced its exposure due to stress in the segment

JSW Energy tops rivals Adani, NTPC as highest bidder for KSK Mahanadi

Bid propels RE firm to the forefront of power generation in Chhattisgarh

NMDC Group achieves net profit of AED 2.2 bn in first 9 months of 2024

The strong performance for the nine-month period ending September 30 2024 was underpinned by a healthy project pipeline

Acer logged best ever biz performance this year, says CBO Sudhir Goel

The company has also recorded 35 per cent year-on-year growth in the first two weeks of the festival season

IndiGo reports net loss of Rs 987 crore in Q2FY25 due to high fuel costs

Aircraft groundings peaked to 'mid-70s' but situation is easing

Going downhill: IndusInd Bank shares decline 19%, most in 4 years

Analysts believe stock will remain under pressure in near term

Mahindra Lifespace incurs Rs 14 crore loss in Q2; pre-sales up 77%

The company, however, achieved pre-sales of Rs 397 crore for the quarter with a saleable area of 0.53 million square feet (msf) in the residential segment