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COMPANIES NEWS - Page 4
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 LehlahSubscriber Only
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.
Japanese automaker Nissan’s chief executive steps down after dismal results
March 11, 2025 16:33 IST
Ivan Espinosa, who is now the company’s chief planning officer, will take Uchida’s place.
Tata Capital to file draft IPO papers after NCLT nod on merger with Tata Motors Fin
March 9, 2025 21:51 IST
Tata Capital, identified as an upper-layer non-banking finance company (NBFC) by the Reserve Bank of India (RBI), already received its board approval to float the initial share sale.
IKEA sharpens focus on sleep quality in India, eyes temperature control and soundproofingSubscriber Only
March 10, 2025 08:00 IST
Sleep-related products such as bedroom furniture, beds and mattresses, and home textiles contribute significantly to IKEA’s revenue in India.
HCL founder Shiv Nadar transfers 47% stake to daughter RoshniSubscriber Only
March 8, 2025 19:22 IST
With this transfer, Roshni Nadar Malhotra will become the largest shareholder of HCL Infosystems Ltd and HCL Tech, solidifying her position in the company founded by her father, and making her one of the richest persons in India.
Actively bringing fab construction suppliers from Taiwan to Dholera, says PowerchipSubscriber Only
March 6, 2025 07:48 IST
Martin Chu said he was “confident that the government of India and government of Gujarat will provide a favourable business environment and investment protection for Taiwanese businesses interested in investing in India”.
Govt slaps penalty on Reliance for missing battery cell plant deadline
March 4, 2025 20:05 IST
The liquidated damages or penalty computed till March 3, 2025 was Rs 3.1 crore.
IKEA to launch online deliveries in Delhi-NCR, UP, and Punjab from March 1Subscriber Only
February 28, 2025 05:27 IST
Unlike the Mumbai market, for example, where multifunctional products are preferred due to space constraints, Delhi has larger living rooms, kitchens, and gardens, a nuance that will be reflected in IKEA’s range curation.
Nvidia’s Q4 result: Blackwell chips propel record growth of nearly 80% amid AI boom
February 27, 2025 23:00 IST
Nvidia Earning Report: For the three months ending January 26, Nvidia posted revenue of $39.3 billion, a 12 per cent increase from the previous quarter and a remarkable 78 per cent jump from the same period a year earlier.
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