Companies

Ambuja Cements partners Finland-based Coolbrook towards Net Zero goals

In a bid to achieve its Net Zero goals, Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, on Monday said it has entered into a strategic partnership with Finland-based technology and engineering company Coolbrook.

Dec 2, 2024

Adani Enterprises to launch maiden Rs 800 crore retail bond issue on September 4

CRISIL reaffirms strong credit ratings for Adani Group firms

CRISIL Ratings has reaffirmed its strong credit ratings for Adani Group companies in its latest report released on Friday.

Nov 29, 2024

Myntra hosts Rising Stars D2C Summit to boost India's beauty brand ecosystem

In its commitment to provide impetus to made-in-India homegrown beauty and personal care brands Myntra recently hosted the first edition of one-of-its-kind 'Myntra Rising Stars (MRS) Beauty Summit'.

Nov 27, 2024

Harnessing Business Analyst Systems for Enhanced Client Satisfaction

Business Analyst Systems equipped with advanced analytics support data-informed decision-making, enabling faster and more accurate responses to client needs

Nov 27, 2024

Air India optimises key domestic metro routes post Vistara merger

Post Vistara-integration, national carrier Air India on Wednesday announced an optimisation of its domestic route network that will prioritise deployment of its best narrowbody cabin products on five key metro-to-metro routes, beginning December 1.

Nov 27, 2024

Disrupting Traditional Finance: Skyecap's Bold Vision for SME Lending

We're not just offering loans; we're providing a lifeline to SMEs that form the backbone of our economy.

Nov 26, 2024

Adani Portfolio delivers robust results, asset base surpasses record Rs 5 lakh crore

The Adani Portfolio of companies on Monday reported record results for the first half of this fiscal (H1 FY25) as well as the trailing-twelve-month (TTM) period. In H1 FY25, the portfolio companies invested Rs 75,277 crore, increasing the total gross assets to a record Rs 5.53 lakh crore.

Nov 25, 2024

US allegations against Adani Group: Blown out of proportion?

The Adani Group denies allegations made by the US Department of Justice and the US Securities and Exchange Commission. The CFO Jugeshinder Robbie Singh clarified that none of the group's public companies are subject to indictment.

Nov 23, 2024

LG Corp to cancel own shares worth $356.8 bn by 2026 to boost corporate value

LG Corp, the holding company of LG Group, said on Friday it will cancel its own shares worth 500 billion won ($356.8 million) by 2026 as part of a corporate value enhancement programme.

Nov 22, 2024

Adani Group stocks rebound as Sensex and Nifty surge

Stocks of the Adani Group companies rebounded on Friday, led by Ambuja Cements and ACC Ltd, after witnessing a sharp sell-off amid US government department allegations, which the Group has vehemently denied as "baseless".

Nov 22, 2024

Investors lose Rs 38,000 crore as Ola Electric's stock continues to slide

Ola Electric to sack 500 employees amid controversies, poor results

Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of an restructuring exercise.

Nov 22, 2024

PharmEasy clocks Rs 2,533 crore in losses in FY24, revenue dips nearly 15 pc

Health-tech company PharmEasy has clocked Rs 2,533 crore in losses last fiscal (FY24), as it revenue declined almost 15 per cent at Rs 5,664 crore.

Nov 21, 2024

Adani Defends Integrity Amid US Charges, Pledges Legal Action to Protect Reputation

Adani Group challenges DoJ, SEC against US bribery claims; assures legal recourse

has strongly denied allegations made by the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC). Calling these claims baseless, the group reiterated its commitment to governance, transparency, and compliance across jurisdictions.

Nov 21, 2024

Optiemus begins telecom equipment manufacturing with Tejas Networks

Industry hails SC granting telcos right to claim tax credits on infra duties

Industry players on Wednesday welcomed the Supreme Court's ruling in favour of telecom companies, which affirmed their entitlement to claim credit for duties paid on parts such as tower components and green shelters.

Nov 20, 2024