Page 173 - Company News

Heritage Foods to cut dairy product prices following GST reduction

Heritage Foods reduced the maximum retail price (MRP) of long shelf-life UHT milk by Rs 3 per litre

KPI Green lists India's first externally credit-enhanced ₹670 cr green bond

Bond proceeds will be used to expand KPI Green Energy's solar, wind, and hybrid project portfolio, across India

General Mills joins ITC and PE giants in race for 10% Balaji Wafers stake

Balaji Wafers is exploring a partial stake sale, with global players like General Mills, ITC, PepsiCo, and top private equity firms in talks as the company plans for expansion and IPO

Fire breaks out at Hindalco's Novelis plant in New York, halts production

The company added that it is investigating the cause of the fire and determining the impact on its operations

Department of Posts, BSNL ink pact for SIM sales, mobile recharge services

The postal department will leverage its vast network of over 1.65 lakh post offices for sale of BSNL SIM cards and mobile recharge services across the country

Ethnic wear brand Taneira expects 'really good' sales in festival season

Titan Company brand expects bridal lehengas and more wedding dates this year to help its growth plans

PepsiCo chairman Ramon Laguarta meets PM Modi, reinforces India focus

PepsiCo chairman and CEO Ramon Laguarta met PM Modi to reaffirm the company's long-term commitment to India and explore opportunities in sustainability, manufacturing and innovation

FIR filed against ex-Lodha Developers director over land irregularities

Mumbai Police has filed an FIR against former Lodha Developers director Rajendra Lodha, his son Sahil Lodha and others over alleged land deal irregularities causing Rs 85 crore loss

Adani group airports planning to test pre-booked security check slots

If implemented in India, the service will let passengers book security screening slots in advance, helping cut down wait times in long queues

Spinny cuts used car prices ahead of GST change, up to ₹2 lakh off

Spinny has reduced used car prices ahead of GST reforms from September 22, offering buyers up to Rs 2 lakh savings and sellers up to Rs 20,000 higher resale benefit

Orange crush: India answers Apple's call as iPhone 17 pre-orders leap 40%

The momentum is supported by an initial dipstick study from Counterpoint Research, which indicates that entry-level iPhone 17 is likely to outperform last year's iPhone 16 in sales in Indian market

Hyundai to hike employee salaries by ₹31,000 per month over 3 years

Hyundai Motor India and the United Union of Hyundai Employees have signed a three-year wage settlement effective April 2024, offering an industry-best salary hike and enhanced employee welfare

Prices of premium TV sets to go down 8%: Sony India MD Sunil Nayyar

Festival season demand to grow by 10% and TV prices come down by 7.8%

US and China have larger agendas to resolve, says Nvidia CEO Huang

Successive US administrations have restricted China's access to advanced chips, while Beijing has responded to the curbs by pressing domestic firms to turn away from American suppliers

Urban Company makes stellar debut as shares jump 62% over issue price

Investor interest in the company was evident from its blockbuster initial public offering (IPO)

SBI completes 13.18% sale in Yes Bank to Sumitomo Mitsui Banking Corp

The proceeds of the transaction would boost the bottomline of SBI in the second quarter ending September at a time when interest income and margins are under pressure

Italian brand Police aims to tick past ₹500 cr watch sales by 2030

De Rigo Group brand sees 50% annual growth; eyes expansion in eyewear, fragrances, and leather goods

Ben & Jerry's co-founder exits after feud with Unilever over Gaza

Ben & Jerry's has in recent months been a lonely voice among well-known brands speaking out on issues like Gaza and President Donald Trump's immigration stance

Amazon Seller Services revenue rises 19% as losses narrow sharply

Amazon India's marketplace arm posted Rs 30,139 crore revenue in FY25, with losses narrowing sharply to Rs 374.3 crore as marketplace and advertising growth boosted efficiency

Mankind joins hands with OpenAI to institutionalise AI in operations

"GPT-powered dashboards will be used to provide real-time, data-driven insights across R&D, supply chain and commercial operations," a company executive told Business Standard