Page 2026 - Company News

Airtel 'very strong' and 'battle hardened' after crises: Sunil Mittal

Company's digital revenue should be more than a billion dollars in the next few years, says group chairman

India tax authorities froze $478 million of Xiaomi funds in Feb: Report

The fund freeze by tax authorities comes on top of another legal tussle Chinese smartphone giant Xiaomi faces.

Byju's in talks with lenders for $1 billion to fund acquisition plans

The Bangalore-based market leader is in talks with banks, including Morgan Stanley and JPMorgan Chase & Co., for the funding to acquire another edtech company, people familiar with the matter said

Consumer durables to see 3%-5% price hikes amid costlier imports: Industry

The depreciating Indian rupee against the US dollar has put woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components

Govt's dues conversion into 33% stake to be completed in coming weeks: VIL

Debt-ridden telecom operator Vodafone Idea expects the government to complete conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks, a top official said

Patna HC asks Sahara chief Subroto Roy to appear before court on Friday

The Patna High Court on Thursday took a tough stand against Sahara India chief Subroto Roy after he did not appear before the court.

Skanda Aerospace Technology first private firm to build helicopter gears

SATPL is a joint venture (JV) between the Hyderabad-based Raghu Vamsi Machine Tools (RMVT) and Texas-based Rave Gears LLC

Apollo Tyres Q4 profit drops 61% to Rs 113 cr; revenue rises 11%

Apollo Tyres on Thursday said its consolidated net profit has declined by 61 per cent to Rs 113 crore for the fourth quarter ended March.

Aided by IPL, Disney+ Hotstar adds over 4 mn subscribers in March quarter

Rival Netflix loses 200,000 global subscribers in the period

Taking steps to address compliance issues: PTC CMD Rajib K Mishra

PTC in a statement on Thursday said a board meeting to declare the financial results would be called shortly

Tata Motors expects capex to increase to up to Rs 6,000 crore in FY23

The investments will be spread across the company's different verticals of commercial vehicles, passenger vehicles and electric vehicles, Group CFO P B Balaji said

RBI imposes Rs 2.97 million penalty on Unimoni Financial Services

A show-cause notice was issued to Unimoni Financial Services. The penalty was imposed after considering the company's response

Battle-hardened Bharti Airtel's future looks good now, says Sunil Mittal

With only "two-and-a-half players" left in the highly competitive domestic telecom sector, the future of battle hardened Bharti Airtel looks good now, its Chairman Sunil Mittal said on Thursday

Ujjivan Small Finance Bank's Q4 profit falls 7% to Rs 126.5 crore

Ujjivan Small Finance Bank (SFB) on Thursday reported a 7 per cent decline in its net profit to Rs 126.5 crore for the last quarter of the fiscal ended in March 2022

Tata Sons appoints Scoot chief Campbell Wilson as CEO & MD of Air India

Wilson was until recently the CEO of Scoot, a low-cost subsidiary of Singapore Airlines

AWS, Apeejay Education start programme for National Education Policy

The initiative will enable academic institutions in India to align with the technical requirements of the government's National Education Policy 2020.

NTPC invites bid to raise Rs 5,000 cr via term-loan to fund capex

The fund would be utilised for capital expenditure for ongoing or new electricity generation capacity addition projects

Ather Energy raises $128 mn led by NIIF's SOF, Hero MotoCorp & others

While the move does not put Ather Energy in the unicorn club, it definitely brings it within striking distance

Disney+Hotstar to get 100 original shows as it gains 7.9 mn new subscribers

The Walt Disney Company has revealed that it is working on 100 original shows in local content for the country where its Disney+Hotstar OTT platform is currently the leader.

JSW Infrastructure commissions Rs 1,300-cr Paradip East Quay coal terminal

JSW Infra already has an iron ore terminal at the Paradip Port with a capacity to handle 10 mtpa of iron ore/ pellets. This terminal is designed to load the cape vessels within 48 hrs