Page 9 - Indian Companies

India's regulatory reform could hasten homecoming of IPO-bound startups

Many of the dozens of Indian startups that once chose to be based abroad for better access to capital and smaller tax bills are now queuing to return home

Top energy, commodity, infra companies see senior management churn

Talent firms and industry executives list evolving strategies, business growth as contributing to attrition at senior management level

We are now partners in biz transformation for firms: Google Cloud India MD

India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India Vice President and Country Managing Director Bikram Singh Bedi told PTI. "If you look at cloud services as a segment, India is one of the fastest-growing countries for Google. If you look at the kind of customers that we're working with across segments -- public sector, SMB, smaller companies, medium-sized companies, large enterprises, startups, digital native companies... across the board...we're working with multiple stakeholders who are essentially using Google Cloud services and then over a period of time, this usage has been incrementally growing," ..

Tata Digital's financial services bet pays off as credit cards top 1.5 mn

According to Tata Digital's FY24 annual report, its financial services have witnessed significant growth, with its co-branded credit card reaching 1.18 million cards

US, India hold 6th ministerial-level Commercial Dialogue, signs MoU

Minister of Commerce and Industry Piyush Goyal and US Commerce Secretary Gina Raimondo held the 6th Commercial Dialogue here on Thursday during which they reviewed the progress made in semiconductors supply chains, innovation handshake, energy-industry network and the Indo-Pacific Economic Framework for Prosperity. A day earlier, the two leaders signed a new memorandum of understanding (MoU) to expand and diversify critical minerals supply chains, with the aim of leveraging the two countries' complementary strengths to ensure greater resilience in the critical minerals sector. Priority areas of focus include identifying equipment, services, policies and best practices to facilitate the mutually-beneficial commercial development of the US and Indian critical minerals exploration, extraction, processing and refining, recycling and recovery, a media release said. During the commercial dialogue, Goyal and Raimondo praised the two sides' continuing efforts to facilitate resilient, secure

KRN Heat Exchanger makes bumper trading debut, increases 2.2 times

The gains came despite a selloff in the overall market. The stellar listing follows a strong debut for KRN's shares during its maiden share sale

RInfra board approves proposal to raise Rs 2,930 crore through FCCBs

Approves ESOP scheme for all its employees and those of its subsidiaries

Candytoy partners with Reliance Retail to supply confectionery toys

Candytoy Corporate, one of the leading manufacturers of candy toys, has partnered with Reliance Retail to supply confectionery toys for 1,400 stores of the country's leading retailer, said a top company official. The Indore-based company entered into an agreement with Reliance Retail a couple of months back, said founder Director Gaurav Mirchandani. "We already have a purchase order for more than 15 outlets right now, which is live, and 200 outlets will be live by the end of Diwali, and 1,400 outlets will be live by the end of this financial year," Mirchandani told PTI. When asked about the order size, he said it would have a run rate of Rs two crore per month from Reliance Retail 200 stores, and this would be scaled to Rs 4 to 4.5 crore per month by the end of this fiscal. "We have more than 75 SKUs in the sweets and savoury flavours category of the candy, which we are providing to Reliance Retail," he said. Candytoy Corporate (CTC), valued at nearly Rs 1,000 crore, is supplying

Mcap of 8 most valued firms surges Rs 1.21 trn; Reliance biggest winner

The combined market valuation of eight of the top-10 most valued firms surged Rs 1,21,270.83 crore last week, with Reliance Industries becoming the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21 per cent. The BSE Sensex hit its record high of 85,978.25 on Friday. The market valuation of Reliance Industries jumped Rs 53,652.92 crore to Rs 20,65,197.60 crore. State Bank of India added Rs 18,518.57 crore taking its valuation to Rs 7,16,333.98 crore. Bharti Airtel's market valuation soared Rs 13,094.52 crore to Rs 9,87,904.63 crore and that of ITC grew by Rs 9,927.3 crore to Rs 6,53,834.72 crore. The market capitalisation (mcap) of Tata Consultancy Services (TCS) surged Rs 8,592.96 crore to Rs 15,59,052 crore. HDFC Bank's valuation climbed Rs 8,581.64 crore to Rs 13,37,186.93 crore and that of Life Insurance Corporation of India (LIC) zoomed Rs 8,443.87 crore to Rs 6,47,616.51 crore. The mcap

When old is new: Refurbished premium phones a favourite this festive season

iPhones, Samsung drive demand in recommerce space

No plans to list diagnostic arm Agilus Diagnostics: IHH Healthcare

Engaging with regulator on open offer for 26.1% stake in Fortis

Amazon leverages air, rail for faster festive deliveries across India

Amazon was the first e-commerce company to partner with Indian Railways in 2019

Thermax looks to double business in existing international markets

Thermax, Bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management

SpiceJet clears salary dues days after raising Rs 3K crore through QIP

The domestic passenger market share of the airline had shrunk to just 2.3 per cent in August this year, as per the latest data released by the Directorate General of Civil Aviation (DGCA)

DreamFolks asserts contract validity amid lounge access disruption

AAHL has allowed lounges at Adani-operated airports to accept all major debit and credit cards from other access providers

Apple harvest: iPhone 16 sales up 15-20% over iPhone 15 on inaugural day

Shah points out that the agency has conducted a dipstick study on the first day to gauge consumer sentiment and traction

PVR INOX to make 'Movie Re-Release' a major part of its business model

Lack of content, demand fuels movie re-releases

Bharti Airtel is 4th company in India to hit a market cap of Rs 10 trillion

Airtel now 5th most valuable telecom operator globally valued at $118.3 billion

French wine & spirits maker Pernod Ricard raises India bar on premium play

Working to get back to Delhi market soon, says India CEO

'Irreparable loss for all of us,' says EY India on death of 26-year-old CA

In a letter to EY India Chairman Anna Sebastian Perayil's mother said her daughter passed away due to excessive workload