Page 10 - Companies News

Meta releases AI model 'SAM,' can identify items within photographs

Facebook parent Meta released an artificial intelligence (AI) model that can pick out the different items within the photographs, Fox News reported.

D-Mart's revenue up by 20.1% to Rs 10,337.12 cr in quarter ending March

The Damani family-promoted retailer had reported a revenue of Rs 8,606.09 crore in the January-March quarter last fiscal, said a regulatory filing from Avenue Supermarts

Vedanta arm Zinc International in talks with global banks for $1.25 billion

Zinc International loan would require guarantee from Anil Agarwal-promoted group's India-listed firm

SP Group firm to raise $1 billion to repay debt, fund India operations

Armada 98/2 Pte had raised Rs 6,600 cr from Indian banks to fund its operations off the coast of Andhra Pradesh to ONGC

Taxi to Take Off: Air India says Phase 1 of its transformation complete

First phase focused on addressing legacy issues, strengthening fleet, upgrading systems and hiring

CCI approves SREI Infrastructure Finance's acquisition by NARCL, IDRCL

NARCL has submitted a resolution plan in relation to the corporate insolvency resolution process (CIRP) of SIFL and its wholly-owned subsidiary, SREI Equipment Finance Ltd (SEFL)

Promoter group firms have fully repaid loan against shares, says JSPL

Companies are part of Naveen Jindal group, which is following a deleveraging strategy

Demand trajectory improved a bit in Q4, green shoots emerged: Dabur

Says some 'green shoots' emerging despite near-term consumption pressure

E-commerce companies on ONDC may pay the price for non-compliance

Non-compliance may result in a penalty

On-tap application to set up fab plants likely; Meity may consider proposal

The change will give room to more players

Why India's education technology start-ups are in the deep freeze

They will continue to tread on thin ice amid a long funding winter unless they fundamentally revise their business models

Titan Company's revenue grows by 25% YoY in January-March quarter

Premium brands in watches continued their strong performance with brand Titan and brands in Helios stores registering double-digit growth that were higher than the overall segment

HLL Infra Tech Services reports 58% jump in profit to Rs 27.76 cr in FY23

The total turnover of the central public sector undertaking under the Health Ministry jumped by 19 per cent to Rs 361.38 crores in 2022-23 against Rs 303.40 crores in 2021-22

Apollo focusing on prevention to tackle the NCD crisis: Preetha Reddy

The variation in regional diet preferences also a leading factor in trends of non-communicable diseases

First Indian state-backed fund is said close to naming a new CEO

The final decision could be announced as early as this month

Jefferies taps Barclays's Ashish Jhaveri to help build India M&A team

The hire is part of the US firm's ambition to build an M&A practice in India, where dealmaking has been relatively robust while the business elsewhere slowed to a crawl

Adani Wilmar's overall oil sales volume drop in Q4 on weaker demand

The company saw smoother supplies of imported edible oils during the quarter with prices cooling off, resulting in higher consumer demand, especially among the rural population

Crisil Ratings upgrades outlook on Jindal Stainless to 'positive'

The rating agency has revised its outlook in view of the company's improved business risk profile, an expected uptick in scale and forward integration with capacity expansion and acquisitions

Mahindra & Mahindra to bring 40 tractor models under new OJA brand

The Mahindra OJA tractors will focus on both domestic and international markets including the US, Japan and South-East Asia, the company said in a statement

Tata Steel saw record operational performance in FY23: CEO T V Narendran

Tata Steel India reported a record operational performance in the last financial year despite a challenging environment, according to the company's CEO & MD T V Narendran.