COMPANIES NEWS - Page 10

Air India appraisals due for the first time

Air India gives salary increments to staff; announces target performance bonus for pilots

May 25, 2024 09:18 IST

In late 2022, Air India announced the five-year transformation plan Vihaan.AI.

Disney strikes $1 billion-deal to sell stake in Tata Play: Report

May 23, 2024 13:20 IST

Last month, Tata Sons, the holding company of India's Tata Group, increased its stake in Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million

Paytm Q4 results: Net loss widens to Rs 550 crore following banking unit wind down

May 22, 2024 11:18 IST

The revenue from operations of Paytm declined 2.8 per cent year-on-year (YoY) to Rs 2,267.1 from Rs 2,464.6 crore in the corresponding quarter of the financial year 2023.

Group of Tesla shareholders ask investors to vote against Musk’s compensation package

May 21, 2024 22:03 IST

A group of Tesla shareholders are asking investors to vote against a compensation package worth more than $40 billion for CEO Elon Musk, saying that it's not in the electric vehicle maker's best interest.

Reliance seeks access to ATF pipelines, storages of PSU oil firms

May 19, 2024 11:22 IST

The firm made the suggestion in its comments to oil regulator PNGRB's draft regulation calling for supply of ATF in all existing and future airports through pipelines that can be accessed by any supplier so as to bring in competition and cut fuel cost.

Norway excludes Adani Ports from Government Pension Fund Global over ethical concernsSubscriber Only

May 17, 2024 00:32 IST

The decision to exclude APSEZ is based on a recommendation from the Council on Ethics of November 21, 2023, Norges Bank said in a statement.

Seven listed Adani Group companies received SEBI notices in FY24

May 16, 2024 00:35 IST

The Adani Group’s flagship company, Adani Enterprises, Adani Green Energy, Adani Power, Adani Energy Solutions, Adani Total Gas and Adani Wilmar received the SEBI notices in the Q4 FY2024, for violations of certain norms

Blackstone, Abu Dhabi Investment Authority, GIC want a bite of Haldiram’s snacks: Report

May 14, 2024 14:13 IST

The consortium, led by Blackstone, has submitted a non-binding bid for a 75% stake and the talks are in early stages, the sources said, adding that the final percentage and valuation has not yet been decided.

Airtel has established a dedicated managed services centre in Pune with more than 300 experts who will be trained in both Google Cloud and digital services.

Google Cloud to offer cloud solutions to Airtel customers

May 13, 2024 18:56 IST

The telecom giant has established a dedicated managed services centre in Pune with more than 300 experts who will be trained in both Google Cloud and digital services.

Zomato posts Q4 net profit at Rs 175 crore

May 14, 2024 13:16 IST

The company had posted a consolidated net loss of Rs 188 crore in the same quarter last fiscal, Zomato Ltd said in a regulatory filing

Bank of Baroda Q4 profit rises marginally to Rs 4,886 crore

May 10, 2024 15:45 IST

The bank had earned a net profit of Rs 4,775 crore in the January-March quarter a year ago.

HPCL reports 25% fall in Q4 net profit at Rs 2,709 crore

May 9, 2024 17:29 IST

The company's consolidated net profit of Rs 2,709.31 crore in January-March, the fourth quarter of the 2023-24 fiscal year, compares to Rs 3,608.32 crore in the same period of the previous financial year,

SBI Q4 profit grows 18% to Rs 21,384 crore

May 9, 2024 14:39 IST

On a standalone basis, profit grew to Rs 20,698.35 crore from Rs 16,694.51 crore a year ago, the lender said in a regulatory filing.

Bharat Forge Q4 profit rises 77% at Rs 227 crore

May 8, 2024 15:24 IST

The company had posted a consolidated net profit of Rs 127.74 crore in the corresponding period of the previous fiscal, Bharat Forge Ltd (BFL) said in a regulatory filing.

Google Wallet is now available for Android users in India

May 8, 2024 15:58 IST

Google Wallet can be downloaded from Play Store and would allow users to store their loyalty cards, and gift cards among other things.

Dr Reddy’s profit after tax rises 36% to Rs 1,307 crore, revenue at Rs 7,083 crore

May 7, 2024 17:08 IST

The Hyderabad-based drug major had reported a profit after tax of Rs 959 crore in the January-March quarter of 2022-23 fiscal.

Kotak Mahindra Bank shares climb nearly 5% after Q4 earnings

May 6, 2024 11:43 IST

On the BSE, the stock climbed 4.85 per cent to Rs 1,622.35 while the shares jumped 4.90 per cent to Rs 1,622.50 on the NSE.

Cipla recalls drugs, produced in Indore plant, from US market: USFDA

May 5, 2024 11:18 IST

USFDA said that Glenmark Pharma is recalling 3,264 bottles of Diltiazem Hydrochloride extended-release capsules indicated for high blood pressure.

Paytm COO Bhavesh Gupta quits; company rejigs senior management

May 5, 2024 08:04 IST

Bhavesh Gupta was steering the lending business, online and offline payments, and compliances, among others, at Paytm. Verticals, headed by him, were adversely impacted by the RBI's ban on Paytm Payments Bank (PPBL) from carrying on new transactions.

Tesla Power, Elon Musk, Tesla, Tesla Motors, electric vehicles, Gurugram-based Tesla Power, Indian express business, business news, business articles, business news stories

Elon Musk’s Tesla files trademark infringement case against Gurugram-based Tesla PowerSubscriber Only

May 4, 2024 11:44 IST

Tesla is incorporated in Delaware, United States and has accused the Indian company of using trade names “Tesla Power” and “Tesla Power USA”.

Godrej Properties Q4 profit rises 14% to Rs 471 crore

May 3, 2024 13:44 IST

Total income rose to Rs 1,914.82 crore in the fourth quarter of last fiscal from Rs 1,838.82 crore in the corresponding period of the previous year, the company informed in a regulatory filing.

Coal India shares advance over 4% after March quarter earnings

May 3, 2024 13:00 IST

Coal behemoth CIL reported net profit at Rs 8,682.20 crore for the March quarter against Rs 6,875.07 crore in the year-ago period, on the back of higher supplies of the dry fuel.

The Indian Express wins design award for Parliament infographic

May 3, 2024 02:24 IST

The new Parliament building houses a larger Lok Sabha hall with a capacity of up to 888 seats, and a larger Rajya Sabha hall with a capacity of upto 384 seats.

Adani Enterprises Q4 net profit falls 37% to Rs 450 crore

May 2, 2024 16:57 IST

The company reported consolidated net profit of Rs 450.58 crore in January-March, the fourth quarter of fiscal year 2023-24, compares to Rs 722.48 crore net profit in the same period last year.