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COMPANIES NEWS - Page 3
Apple names Indian-origin Sabih Khan as COO: Moradabad-born techie succeeds Jeff WilliamsSubscriber Only
July 9, 2025 14:56 IST
Sabih has played an important role in delivering each of Apple’s innovative products to market. Prior to Apple, Sabih worked as an applications development engineer and key account technical leader at GE Plastics.
Defer rollout: Mahindra to government on more accurate emissions testSubscriber Only
July 9, 2025 04:20 IST
The draft norms, issued by the Ministry of Road Transport and Highways (MoRTH) on April 28, introduce a new testing procedure as part of enforcing the next phase of Bharat Stage (BS) VI standards.
Capgemini to acquire WNS for $3.3 bn in major BPM industry dealSubscriber Only
July 8, 2025 05:15 IST
Shares of WNS (Holdings) soared by over 14 per cent on the New York Stock Exchange in the morning session on Monday. Institutional investors hold around 90 per cent stake in WNS
New energy, AI infra to drive $50 billion market value rise for Reliance Industries
July 5, 2025 10:40 IST
Currently valued at over USD 240 billion, Reliance's future growth hinges heavily on scaling its diversified verticals, particularly in new energy and AI.
HDB Financial Services’ lists at 13% premium over IPO priceSubscriber Only
July 2, 2025 18:31 IST
The issue consists of a fresh issuance aggregating up to Rs 2,500 crore and an offer for sale of up to Rs 10,000 crore by the parent company HDFC Bank.
Tafe settles with AGCO, will own brand Massey Ferguson
July 1, 2025 22:12 IST
As part of the settlement, ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in “Massey Ferguson” and related trademarks and all goodwill associated therewith, TAFE said.
Anant Ambani set to get annual salary of Rs 10-20 crore from RILSubscriber Only
June 30, 2025 08:37 IST
“Salary, perquisites and allowances shall be in the range of Rs 10 crore to Rs 20 crore per annum. Annual increments shall be as determined by the HRNR (HR, nomination and remuneration) Committee,” the filing for postal ballot said
SEC updates US court on efforts to serve legal documents in Adani case
June 27, 2025 23:10 IST
The defendants, who are based in India, are yet to be officially served
JSW Paints to buy Akzo Nobel India for $1 billionSubscriber Only
June 27, 2025 19:36 IST
The transaction is based on a total enterprise value of approximately €1.4 billion, representing earnings multiple (EV-EBITDA) of 22 times, and includes Akzo Nobel’s liquid paints and coatings business in India
Bhushan Power deal rejection: JSW Steel files review petition in Supreme CourtSubscriber Only
June 26, 2025 00:56 IST
Some of the lenders to BPSL have also filed separate review petitions. The court’s decision has raised concerns over the finality of resolution processes under the IBC and the fate of already-implemented plans.
Toyota bets on green hydrogen beyond mobility in new partnership with OhmiumSubscriber Only
June 26, 2025 00:07 IST
A hydrogen-based microgrid uses water to produce hydrogen through electrolysis, which is then either stored for later use or fed into a fuel cell to generate electricity on demand.
Adani AGM 2025: Gautam Adani plans to invest $15-20 billion annually for next 5 yearsSubscriber Only
June 24, 2025 13:42 IST
"No one from the Adani Group has been charged with violating the FCPA,” says Adani Group Chairman Gautam Adani
UGRO Capital acquires Profectus for Rs 1,400 croreSubscriber Only
June 18, 2025 00:03 IST
Profectus has assets under management of Rs 3,468 crore as of March 2025, with presence across seven states.
‘See huge blue ocean opportunity in India for regional jets, perfect fit between turboprops, larger planes’: Embraer’s Raul VillaronSubscriber Only
June 7, 2025 22:33 IST
"We feel turboprops now have a mature network in India and there aren't many growth opportunities left," says Embraer Commercial Aviation’s Head of Asia-Pacific Raul Villaron
Central Bank buys stakes in Future Generali life, non-life venturesSubscriber Only
June 6, 2025 03:00 IST
It also bought a 25.18 per cent stake in Future Generali India Life Insurance Company Ltd (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process.
US probing Adani Group link to Iran LPG trade, says report; firm calls it ‘baseless, mischievous’Subscriber Only
June 3, 2025 07:58 IST
This comes at a time when the Trump administration is rolling back on the enforcement of certain white-collar crimes, including cases related to foreign bribery and sanctions evasion.
Maruti Suzuki sees no immediate impact of Chinese magnet curbs, says govt ‘receptive & supportive’Subscriber Only
June 2, 2025 14:24 IST
Asked whether companies were looking at sourcing rare earth magnets from alternate regions, Bharti said: “That's a larger question that will need more deliberation and more studies. Where are other sources available?”
Anil Ambani’s Reliance Defence signs pact with German firm for artillery shells, explosives supply
May 22, 2025 22:13 IST
This is the third defence tie-up by the group after joint ventures with Dassault Aviation and Thales of France.
Why govt equity in Vi could ‘lose value,’ as telco raises survival fearsSubscriber Only
May 16, 2025 11:51 IST
Seeking a waiver on interest, penalty, and interest on penalty — together worth over Rs 45,000 crore — on its Rs 83,400 crore pending adjusted gross revenue, the company said that the staggering dues were preventing it from raising additional funding.
MakeMyTrip posts $29.2 million profit in Q4
May 14, 2025 20:20 IST
The company reported a net profit of $171.9 million in the January-March quarter of the previous financial year.
Tata Motors profit down 51.18%, to pay Rs 6 dividendSubscriber Only
May 13, 2025 18:16 IST
"Tariffs and related geo-political actions are making the operating environment uncertain and challenging. The global premium luxury segment and Indian domestic markets are expected to weather this relatively better," the company said.
SEBI bars Synoptics Technologies, promoters for siphoning off IPO fundsSubscriber Only
May 7, 2025 01:14 IST
STL had disclosed that the target entities for the proposed strategic investment had not yet been identified
Urban Company IPO: Home services provider readies for Rs 1,900-crore fundraise as skilled gig workers’ earnings outpace peers, salaried counterpartsSubscriber Only
May 6, 2025 20:50 IST
Urban Company plan to use the IPO proceeds primarily towards strengthening its technology and cloud infrastructure.
DoorDash agrees to acquire UK rival Deliveroo for USD 3.9 billion
May 6, 2025 16:06 IST
After the purchase of Deliveroo, and the 2022 acquisition of Helsinki-based Wolt Enterprises, DoorDash will operate in more than 40 markets worldwide.
India frames rules for Starlink, others: local manufacturing, data localisation, security cooperationSubscriber Only
May 7, 2025 06:37 IST
The Telecom Regulatory Authority of India (TRAI) is currently finalising the contours of the satellite spectrum allocation.
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