Companies

Adani Group's Ambuja Cements acquires 47 pc stake in Orient Cement for Rs 8,100 crore

Cemented Deal: Adani Group's Ambuja Cement Finalizes 47% Stake in Orient Cement

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.

8 hours ago

Zepto CEO credits govt's role for India's startup growth

Zepto CEO credits Modi govt for mushrooming of start-ups

Aadit Palicha, Co-Founder & CEO of Zepto credited Modi government for creating an 'enabling' atmosphere for mushrooming of start-ups and expressed optimism that the the greenhorn businesses will power the next phase of growth.

1 day ago

SEBI gives approval to Niva Bupa for Rs 3,000 crore IPO

Niva Bupa Health Insurance on Monday said it has received final approval from the capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 3,000 crore through an initial public offering (IPO).

1 day ago

IPO boom: Hyundai Motor India public issue subscribed over 2 times on last day

Hyundai Motor India Ltd's initial public offering has been subscribed 2.34 times till 4 p.m. on its third and last day on Thursday as the qualified institutional buyers (QIB) portion in the IPO was subscribed nearly 7 times.

5 days ago

Wipro's net income grows 21 pc YoY in Q2, announces 1:1 bonus share

IT major Wipro on Thursday reported net income in the July-September period (Q2 FY25) at Rs 3,209 crore -- a 6.8 per cent quarterly growth and 21.3 per cent annual growth.

5 days ago

spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

Embattled SpiceJet settles $23.39 mn dispute amid fresh insolvency case

Embattled airline SpiceJet on Tuesday said it has settled a $23.39 million dispute with Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin) Ltd for an aggregate sum of $5 million, as it faces a new insolvency case amid some still remain unresolved.

7 days ago

Seven companies marketcap decreases by over Rs 1 lakh crore

Total market capitalisation of seven out of 10 companies has reduced by Rs 1,22,107 crore in the last week, with TCS and RIL losing the most.

9 days ago

Noel Tata appointed Chairman of Tata Trusts

Noel Tata on Friday was unanimously appointed as Chairman of Tata Group's philanthropic arm Tata Trusts during a board meeting to discuss the group's succession plans after the demise of Ratan Naval Tata at age 86.

11 days ago

Asiana to increase excess baggage fees on international flights in Jan

Asiana Airlines announced on Sunday it will increase fees for excess baggage on its international flights starting January 2, 2025.

15 days ago

Bhavish Aggarwal vs Kunal Kamra: Ola Electric customers left in agony amid online spat

Aggrieved Ola electric customers were once again left in the lurch as Ola CEO Bhavish Aggarwal and comedian Kunal Kamra got busy in a heated all-day spat on Sunday over the poor conditions at the EV company's service centres across the country.

15 days ago

India IPO boom: 15 companies submit draft documents in just 1 day

As Indian stock markets continue to show robust growth despite global uncertainties, a record 15 companies registered their initial public offering (IPO) documents with the Securities and Exchange Board of India (SEBI) on the last day of September.

20 days ago

Telecom Regulatory Authority of India (TRAI)

Will make all users safe from spam calls and messages: Airtel's Gopal Vittal

As the Centre asked telecom service providers to purge spam calls and messages on an urgent basis, Gopal Vittal, Managing Director and CEO of Airtel, said on Wednesday they have launched an AI-powered spam detection solution that would alert customers in real time about suspected spam calls and SMSs.

27 days ago

Ola Electric's stock tanks to its lowest as market analysts warn investors

Ola Electric's Stock Plummets To All-Time Low Amid Rising Competition

Ola Electric, the electric vehicle arm of ride-hailing giant Ola, saw its stock plummet to an all-time low. The company's shares were trading at Rs 103 apiece on Wednesday morning, marking a drastic 35% drop from its peak value of Rs 157.40.

27 days ago

Ola Electric's share nosedives further, analysts warn investors to remain cautious

Bhavish Aggarwal-run Ola Electric shares nosedived further on Monday, as market analysts warned retail investors not to go bullish on the stock yet, owing to its speculative valuation amid rising competition.

28 days ago

Vodafone Idea Seals $3.6B Deal to Boost Indian Presence

Vodafone Idea has finalized a deal worth $3.6 billion with global partners Nokia, Ericsson, and Samsung. The deal, which was announced on September 22, is aimed at supplying network equipment over a span of three years, thereby strengthening Vodafone Idea's footprint in the country.

Sep 22, 2024