company

New Delhi, The National Company Law Tribunal (NCLT) has ordered initiation of insolvency resolution proceedings against Simbhaoli Sugars Limited on a petition filed almost six years ago.The petition was filed in September 2018 by erstwhile Oriental Bank of Commerce, which has now merged with...

New Delhi, IT services company HCL Technologies on Friday reported 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June quarter and gave revenue growth guidance of 3-5 per cent for FY2025.HCL top executives expressed confidence of achieving "good growth in the coming...

HCLTech said it now employs 219,401 people (with a net growth of 8,080 in the first quarter of this financial year).The reduction in headcount due to disinvestment was 7,398 and the company added 1,078 new people during the period.The company said attrition was 12.8 percent, down from 16.3...

New Delhi, Sunteck Realty Ltd on Friday reported a 30 per cent decline in its sales bookings to Rs 502 crore for the quarter ended June due to strong housing demand.The company had sold assets worth Rs 387 crore in the same period a year ago.“Our pre-sales in Q1FY20 were approximately Rs 502...

New Delhi: Drug company Lupine on Friday said it has received approval from the US health regulator to market a generic drug to treat seizures.The company has received approval from the US Food and Drug Administration (USFDA) to market Topiramate extended-release capsules in the US, the drug...

New Delhi: Smartphone maker Oppo hopes to sustain double-digit growth in sales of Reno series devices in India with the launch of Reno 12, a top company official said on Friday.While speaking on the sidelines of the Reno 12 series smartphones, Oppo's head of product strategy Peter Dohyung Lee...

Guwahati, Assam's 125-year-old Adiobari Tea Estates has forayed into retail and launched two CTC variants in the state, its owner said on Friday.The company unveiled the 'Rujani Tea' brand in Guwahati, while it was made available in Jorhat markets from mid-June, he said.“We are bringing our...

The company also announced the development in a post on X and mentioned that applications for this group will close on August 15, and the program will end in the US in October.“If you are building in AI – from anywhere in the world – and are looking to raise a seed round, we would love to hear...

Kumaraswamy visited the NMDC head office in Hyderabad along with Union Minister of State (MoS) for Steel and Heavy Industries Bhupathiraju Srinivas Varma.NMDC on Friday said ministers held a meeting with CMD (additional charge) Amitav Mukherjee; Functional directors and senior officials of the...

New Delhi: Tata Communications board will consider a proposal to raise funds through non-convertible debentures on July 18.Tata Communications said that as part of its debt management framework, the company refinances its debt from time to time and sometimes before the scheduled maturity to...

Speaking to analysts after posting quarterly results, where the company reported net revenue growth, strong gross and operating margin expansion and double-digit EPS (earnings per share) growth, Laguarta said that "if you take a decade perspective If we take it then the opportunities in India...

New Delhi, As part of its expansion plans amid rising demand for flexible workspace, co-working firm Innov8 has launched three new facilities with a seating capacity of over 600 in Delhi-NCR at an investment of Rs 10 crore.These three facilities, with a total area of ​​60,000 sq ft, are...

“The overwhelming demand for the CMF Phone 1 further strengthens Nothing’s reputation for delivering cutting-edge technology and unique design,” Nothing said in a statement.The company has launched the device in two variants (6GB+128GB and 8GB+128GB) at a starting price of Rs 15,999.The...

New Delhi Maharatna coal giant Coal India Limited (CIL) on Friday said it has taken steps to relax e-auction norms such as reducing collateral and increasing the quantity of dry fuel on offer.The company also plans to modify its auction and allocation methodology as it aims to encourage...

New Delhi: Optical and digital solutions company Sterlite Technologies has received approval from shareholders and creditors for the demerger of its global services business, paving the way for shares of the new business to be listed separately.According to the company, the demerger proposal...

Beijing, A new Chinese rocket company has suffered another launch failure, resulting in the loss of three satellites as part of a commercial constellation being assembled for global weather forecasting and earthquake prediction.Hyperbola-1, a 24-meter-tall solid-fuel rocket produced by iSpace...

New Delhi: State-owned Hindustan Copper Ltd on Friday said its capital expenditure target for the current financial year is likely to exceed Rs 350 crore."Though this year's capex target is Rs 350 crore, it is expected that the company can exceed the target like last year," the company said in...

New Delhi: State-owned Hindustan Copper Ltd on Friday said its capital expenditure target for the current financial year is likely to exceed Rs 350 crore."Though this year's capex target is Rs 350 crore, it is expected that the company can exceed the target like last year," the company said in...

New Delhi: Edible oil major Adani Wilmar Ltd will acquire a 67 per cent stake in Omkar Chemicals Industries at an enterprise value of Rs 56 crore.Adani Wilmar, a joint venture between Adani Group and Wilmar Group of Singapore, is one of the largest FMCG companies in India. The company has a...

Bengaluru: Realty firm Brigade Enterprises is expecting revenues of over Rs 400 crore from its newly launched residential tower in Bengaluru.The company has launched residential tower 'Cobalt' in Brigade El Dorado, its 50-acre township located in the KIADB Aerospace Park.“Including 948...