Companies

TRAI's New Framework for Service Authorisations Sparks Industry Debate

The Telecom Regulatory Authority of India (TRAI) has recently released a consultation paper on the framework for service authorisations for the provision of broadcasting services. This is in line with the newly implemented Telecommunications Act, 2023.

Oct 30, 2024

Optiemus begins telecom equipment manufacturing with Tejas Networks

Broadband sector to drive telecom industry growth, create new jobs: Report

The rising demand for high-speed internet and data-driven services will boost growth in the broadband market, which is expected to witness a 9-10 per cent Compound Annual Growth Rate (CAGR) over the next few years.

Oct 29, 2024

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

Ola Electric shares hit all-time low; dip below IPO price

EV two-wheeler company Ola Electric shares were trading in the deep red on Tuesday as the stock slipped below the issue price of Rs 76 for the first time in its listing history.

Oct 29, 2024

Ambuja Cements clocks highest quarterly revenue of Rs 7,516 crore in Q2

Ambuja Cements, the cement and building material company of the diversified Adani Group, on Monday, reported the highest quarterly revenue of Rs 7,516 crore in Q2 FY25, up 1 per cent (year-on-year).

Oct 28, 2024

Can Perfect Moving's High Customer Satisfaction Redefine the Moving Experience?

Company like Perfect Moving demonstrates that high customer satisfaction can set it apart in competitive markets

Oct 26, 2024

UDAN Scheme Revolutionizes Indian Aviation Sector

The UDAN scheme has transformed India's aviation sector, making air travel more accessible and affordable. The initiative has operationalized 86 aerodromes, established 617 routes, and facilitated over 2.8 lakh flights.

Oct 24, 2024

Adani Group's ACC Ltd clocks highest quarterly revenue at Rs 4,614 crore in Q2

Cement and building materials leader ACC Ltd, part of the diversified Adani Group, on Thursday reported the highest quarterly revenue at Rs 4,614 crore, up 4 per cent (year-on-year).

Oct 24, 2024

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.

Oct 22, 2024

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.

Oct 21, 2024

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).

Oct 21, 2024

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.

Oct 17, 2024

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.

Oct 17, 2024

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.

Oct 15, 2024

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.

Oct 13, 2024

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.

Oct 11, 2024