Journalism of Courage
COMPANIES NEWS - Page 4
Bhushan Power saga: Why did Supreme Court reject JSW Steel takeover bid and order liquidation?Subscriber Only
May 5, 2025 09:21 IST
JSW Steel, lenders committee & Resolution Professional come under SC fire
Apple confirms ‘majority’ of iPhones sold in US will come from India in near termSubscriber Only
May 2, 2025 11:02 IST
India received a relatively much lower tariff rate, and was also among the countries where the US paused retaliatory levies for 90 days.
IndusInd Bank CEO quits after derivative losses of Rs 2,000 crore come to lightSubscriber Only
April 29, 2025 20:58 IST
IndusInd Bank CEO Sumant Kathpalia's resignation comes day after Deputy CEO put in papers; Kathpalia says he takes "moral responsibility, given the various acts of commission/ omission that have been brought to my notice".
US Indictment: Independent review found no irregularities, says Adani Green
April 29, 2025 18:47 IST
The DoJ has alleged that between 2020 and 2024, senior executives of Adani Green, Azure Power and CDPQ participated in a scheme to bribe Indian government officials to ensure the execution of lucrative solar energy supply contracts with government entities.
CSR spend: Listed firms record 16% rise to Rs 17,967 crore in previous fiscalSubscriber Only
April 28, 2025 09:58 IST
HDFC Bank topped the list with a CSR spend of Rs 945.31 crore, followed by Reliance Industries Rs 900 crore, TCS at Rs 827 crore and ONGC Rs 634.57 crore.
RIL Q4 result: Reliance Industries’ net profit rises by 6.4% YoY to Rs 22,611 crore, announces dividendSubscriber Only
April 27, 2025 12:38 IST
RIL's board of directors also declared a dividend of Rs 5.5 per share for the year.
Report says Apple plans to sell only India-made iPhones in US: What it meansSubscriber Only
April 26, 2025 02:41 IST
Apple sells more than 60 million iPhones in the US a year, and in the last fiscal, it produced a total of $22 billion worth of iPhones in India
ICICI Bank Q4 earnings results: PAT jumps 18% to Rs 12,630 crore in March quarterSubscriber Only
April 20, 2025 03:56 IST
During the quarter, the bank reported treasury gains of Rs 239 crore as compared to a treasury loss of Rs 281 crore in the year-ago quarter
HDFC Bank Q4 earnings: India’s largest pvt lender’s profit rises 6.7% YoY to Rs 17,616 croreSubscriber Only
April 20, 2025 03:50 IST
Retail loans grew by 9 per cent, commercial and rural banking loans rose 12.8 per cent and corporate and other wholesale loans were lower by 3.6 per cent
Gensol’s share price continues to plummet after SEBI action; BluSmart suspends operationsSubscriber Only
April 18, 2025 18:26 IST
According to market regulator SEBI, brothers Anmol and Puneet Singh Jaggi, promoters of Gensol Engineering and EV cab service BluSmart, diverted Rs 262 crore—loaned by government-owned lending agencies to procure 1,700 electric cars—towards personal indulgences and related-party entities.
Gensol Engineering independent director Arun Menon resigns
April 17, 2025 12:33 IST
Menon has cited restrictions from his present employer as well as "adding limited value to the company" as reasons for his resignation.
From a Camellias flat to crores for family: How the Jaggi brothers diverted loan funds meant for BluSmart’s EVsSubscriber Only
April 17, 2025 08:41 IST
Based on its investigation, Sebi also found that Gensol misled investors by claiming it had received pre-orders for 30,000 of its newly launched EVs at the Bharat Mobility Global Expo in January.
TCS Q4 results: Profit slips 1.68%, annual revenue crosses $30 bn mark; final dividend announcedSubscriber Only
April 10, 2025 18:57 IST
The company posted revenue from operations at Rs 64,479 crore, up 5.29 per cent as against Rs 61,237 crore during the same period of previous financial year.
Easy to criticise consumer internet startups: Zepto CEO cites firm’s contributions after Goyal’s jibe
April 4, 2025 14:01 IST
Zepto, he said, is still far away from being a great Internet company that can hold a candle to the global best, but is "executing day in and day out to get there".
Nikhil Kamath’s Gruhas leads Rs 12.5 crore investment in Lehlah
April 1, 2025 14:59 IST
A content commerce platform, LehLah empowers creators to monetise their influence by sharing affiliate links for curated product recommendations thereby bridging the gap between creators and brand partners.
Aditya Birla to sell paper unit to ITC for Rs 3,498 crore
April 1, 2025 02:12 IST
It will further enable the company to pursue growth opportunities in its core business — real estate,” the company said in a statement
None of 12 shortlisted candidates for BSNL chief recommended by selection bodySubscriber Only
March 28, 2025 01:13 IST
The candidates who were shortlisted included senior officials from BSNL and DoT.
Maruti Suzuki appoints first in-house Indian talent to board
March 27, 2025 08:57 IST
Following his appointment, there will be six Japanese and six Indians on the board of Maruti Suzuki India, highlighting the growing influence of Indian executives in the company’s decision-making ecosystem.
Grok, unhinged! Who is responsible for AI chatbot’s sensational responses on X?Subscriber Only
March 22, 2025 07:06 IST
So, when Grok uses a misogynist Hindi expletive when responding to a user about their most prominent mutuals, or calls Musk one of the biggest sources of misinformation on the social media platform – it led to people asking Grok a flurry of questions, directly through their posts, or as comments to other posts.
Zoho wins MeitY’s indigenous web browser development challenge
March 21, 2025 04:08 IST
Speaking on the occasion, IT Minister Ashwini Vaishnaw emphasised Government of India’s broader vision of transforming India into a "product nation" from a service nation, that is self-reliant in technology, hardware and software solutions.
Chip giant Infineon looks to double India headcount by 2030, focus on R&DSubscriber Only
March 19, 2025 05:16 IST
Andreas Urschitz, CMO and management board member at Infineon, said that the company currently has 2,500 employees in India
India ‘super important’ market, to discuss potential partnerships with IndiGo, Air India: Riyadh Air CEO Tony DouglasSubscriber Only
March 12, 2025 22:17 IST
Riyadh Air CEO Tony Douglas is in New Delhi as part of a Riyadh Air delegation for meetings with India’s aviation regulator Directorate General of Civil Aviation (DGCA) to discuss the requisite permissions and support for launch of the airline’s India operations.
Derivative portfolio discrepancies: IndusInd Bank takes 2.35% potential hit on net worthSubscriber Only
March 12, 2025 15:25 IST
Rs 2,100 crore impact likely on the bank, says management
Derivative loss of Rs 2,100 cr: IndusInd Bank shares crash by 27%Subscriber Only
March 11, 2025 20:34 IST
The bank reported a net profit of Rs 1,401 crore during the December quarter of FY25.
Airtel inks agreement with Elon Musk’s SpaceX to offer satellite internet servicesSubscriber Only
March 11, 2025 17:18 IST
The development also heats up the fight between Reliance Jio and Elon Musk’s SpaceX, which have previously disagreed over how spectrum for such services should be assigned – with Jio calling for an auction, but SpaceX insisting on the administrative route.
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