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Company / The Hindu Businessline

Hyundai Groups CEO reviews India expansion & conducts first townhall meeting outside Korea

HMILs annual production capacity is expected to reach one million units by 2025; Combined with Kia India, Hyundai Motor Groups annual capacity will be at 1.5 million units

25 Apr 2024 9:49 am
CPCL posts fall in net profit in March quarter and FY24

However, the board recommended a preference dividend of 6.65% on the outstanding preference shares amounting to 33.25 crore for FY24 and a final equity dividend of 55 per equity share, subject to approvals

25 Apr 2024 9:08 am
PhonePe shifts focus to food, grocery; exits fashion, electronics on ONDC

To restructure e-commerce strategy on the Open Network for Digital Commerce

24 Apr 2024 8:26 pm
IHCL net up 27%, plans 3,500 crore capex over five years

Will also launch upscale hotels under the re-imagined Gateway brand

24 Apr 2024 8:17 pm
Snacking brand Adukale raises 11 crore led by Force Ventures

The funds will be utilised for expansion of the companys offline presence

24 Apr 2024 6:51 pm
HUL Q4 net dips on tepid volume growth

Total income in the quarter was 15,441 crore compared to 15,375 crore a year ago

24 Apr 2024 6:05 pm
Soleos Solar Energy raises 26.5 crore equity funding

The lead advisor of this transaction was Swastika Investmart Ltd The funding rounds investors include India Ahead Venture Fund, Sunil Singhanias family office, Madhuri Madhu Kela, Nabs Vriddhi LLP, Pawan Agarwal, Head of PCG at InCred Capital and several other HNI investors

24 Apr 2024 4:13 pm
Project management platform Plane raises $4 million funding

Planes goal is to make projects simpler for teams of any size in various industries

24 Apr 2024 4:11 pm
Restaurant chain Boba Bhai raises 12.5 cr seed funding

Bengaluru-based eatery chain Boba Bhai targets 100 outlets within a year

24 Apr 2024 3:54 pm
Gruner Renewable Energy bags projects worth 1,500 Cr for CBG plants

By leveraging our current orders in hand, we aim to reduce Indias overall expenditure on crude oil imports by 8 billion

24 Apr 2024 11:57 am
Railways takes over RINLs forged wheel plant in Rae Bareilly

The take over terms include part payment of cash to the steelmaker -- pegged at 800-900 crore -- and a transfer of 1000 crore of RINLs debt to the forged wheel unit

24 Apr 2024 10:15 am
Cost-efficiency likely to make India a key exporter of frozen French fries in future, says Utkal Tubers official

Availability of quality seeds make its production and processing competitive in the global market

24 Apr 2024 9:00 am
Earnings Outlook: HUL Q4 PAT seen down, revenue flat on tepid demand

According to street estimates, the Indian subsidiary of Anglo-Dutch Unilever Plc is expected to report a net profit of 2,470 crore, down 3.2% from the previous year, with revenue close to 15,000 crore

24 Apr 2024 8:55 am
Conditions favour extending trend that boosted Indias real GDP growth above 8% from 2021-24: RBI Bulletin

So far, capital deepening is powering the step-up in the growth trajectory, led by sustained public investment, and supported by productivity improvements, RBI officials say

24 Apr 2024 8:44 am
Dr Reddys recalls 6 lots of Sapropterin Dihydrochloride Powder

Reason for recall: Elevated levels of Phe to cause permanent neurocognitive deficits, including permanent disability, seizures and congenital heart disease

23 Apr 2024 10:26 pm
PepsiCo India posts double-digit volume growth in snacks segment in first quarter of CY24

The company saw high-single-digit volume growth in beverage segment in India in Q1

23 Apr 2024 8:35 pm
8-10% growth in steel demand in India likely in FY25: TV Narendran

Global steel prices, determined by Chinas production, will impact Indias steel demand and imports in the long run

23 Apr 2024 8:20 pm
Tata Consumers Q4 PAT falls on one-time costs, revenue up 8.5%

The companys Q4 performance showcased a net profit of 4,216.6 crore against a revenue of 3,926.9 crore. Notably, exceptional items, totalling 215.8 crore Our Bureau/

23 Apr 2024 7:24 pm
Swiggy launches Smart Links to boost orders for restaurants with a digital presence

They also help restaurants access customer behaviour by tracking their actions after clicking on an ad, whether they have placed an order, what they have ordered, and when

23 Apr 2024 7:06 pm
Tata Consumer Products Q4 results: Net profit declines 26.69% to 212.26 cr

The company had posted a consolidated net profit of 289.56 crore in the same period a year ago

23 Apr 2024 5:51 pm
Tropical Agro to introduce 16 new farming solutions from kharif season

The Chennai-based firm products will help from seed treatment to post-harvest care

23 Apr 2024 5:22 pm
Decarbonisation platform Accacia secures $6.5-m funding

Accacias AI platform tracks carbon emissions in real estate sector

23 Apr 2024 5:11 pm
Natco Pharma gets EIR from USFDA on pharmacovigilance requirements

The receipt of the EIR confirms the closure of the inspection process, prompting a positive market response with Natco Pharmas stock gaining 1.49 per cent on the BSE

23 Apr 2024 4:44 pm
Dhruva Space bags 78 cr in Series A2 funding round

Space-tech startup Dhruva Space to expand satellite launch infrastructure

23 Apr 2024 3:33 pm
D2C brand Nat Habit crosses 100-crore mark in revenues in FY24

The brand, which raised $10.2 million in December, has been strengthening its presence on online marketplaces and focusing on product portfolio expansion

23 Apr 2024 12:48 pm
Over 2.5 lakh cars sold every week in 2023, e-car sales to reach 17 million globally in 2024

This indicates robust growth even as many major markets enter a new phase, with uptake shifting from early adopters to the mass market

23 Apr 2024 11:17 am
Everest Spices emphasizes food safety amid quality control measures

The company said that its products have not been banned in Singapore and Hong Kong and that only one of its products have been recalled and temporarily put on hold for further examination

23 Apr 2024 9:22 am
Flipkart Ventures opens applications for Flipkart Leap Ahead program

Flipkart, the primary objective of FLA is to expedite the growth trajectory of participating start-ups, guiding them to the next phase of development

23 Apr 2024 9:02 am
Pine Labs Setu appoints former SAP India VP Anand Raisinghani as CEO

Anand Raisinghani has more than two decades of experience and has worked for global technology companies like Equifax, IBM, and Wipro

23 Apr 2024 8:43 am
Macquariesets up $1.5-billion EV platform

A major portion of this investment will go into electrifying fleets of buses and cars

23 Apr 2024 7:48 am
Reliance Jios Q4 profit up 12 per cent

Spearheading the nations 5G transformation, Jio boasts over 108 million true 5G customers, underscoring its commitment to strengthening Indias digital infrastructure

22 Apr 2024 8:53 pm
Reliance Jios Q4 profit up by 12 per cent

Spearheading the nations 5G transformation, Jio boasts over 108 million true 5G customers, underscoring its commitment to strengthening Indias digital infrastructure.

22 Apr 2024 8:53 pm
Grundfos aims to sustain double-digit growth on favourable growth prospects

The company aims to increase localisation significantly in its products to remain cost-competitive in the Indian market.

22 Apr 2024 8:26 pm
Reliance Retail profit up 11.7 per cent in Q4

Registered customer base was at 304 million at the end of the year, up 22.2 per cent year on year

22 Apr 2024 8:21 pm
Rallis India logs loss of 21 cr in Q4

Due to weak demand and lower exports

22 Apr 2024 7:48 pm
US VC funding deals fell by 49% in Q1; India bucks trend

Q1 VC deals in India stoodands flat at 640; Funding in US fell by 35 to $24 billionb: Global Data

22 Apr 2024 7:17 pm
Flipkarts supply chain headHemant Badri to lead companys foray into quick commerce

The company is currently establishing a chain of dark storefronts with the goal of launching its rapid commerce solution in July

22 Apr 2024 7:15 pm
Tata Power Delhi Distribution appoints Gajanan Kale as CEO

Prior to joining Tata Power-DDL, Kale was the CEO of TP Western Odisha Distribution from 2021 to 2024

22 Apr 2024 7:00 pm
Indias major ports see 5% rise in traffic in FY24, driven by iron ore exports, coking coal imports

The cargo traffic, including container movement increased to 819.3 mt from 784.3 mt in FY23

22 Apr 2024 4:09 pm
Dhruva Space closes Series A round funding at 123 crore

Series A round saw significant participation from Indian Angel Network Alpha Fund and Blue Ashva Capital, as well as Silverneedle Ventures, BIG Global Investment JSC (BITEXCO Group) IvyCap Ventures, Mumbai Angels, and Blume Founders Fund

22 Apr 2024 12:19 pm