Page 1033 - Company News

Adani Green Energy ranked second-largest global solar PV developer: Mercom

AGEL with its total solar capacity of 18.1 GW ranked second after France-based TotalEnergies, which holds a total capacity of 41.3 GW

Credgenics launches debt recovery platform for asset reconstruction firms

Service will help debt recovery by providing information about each stage of delinquent cases

Vedanta's Hindustan Zinc to give interim dividend worth Rs 2,535 crore

Earlier in July, Hindustan Zinc had announced its first interim dividend of Rs 7 per share

Himadri Speciality to invest Rs 4,800 cr to make Li-ion battery components

Himadri Speciality Chemical also announced that it has completed the acquisition of a 100 per cent stake in Himadri Clean Energy Ltd

Defence manufacturer CoreEL Tech secures $16 mn funding from 360 ONE Asset

The Bengaluru-based firm's products have been deployed in India's next-generation radars, missiles, electronic warfare and avionics

The Sleep Company secures Rs 184 cr in Series C funding from Premji Invest

The sleep and sitting solutions firm has plans to open a total of 100 stores in the next six months, reinforcing its Pan-India presence across Tier I and Tier II markets

CBI files FIR, searches 13 locations in Uco Bank fund transfer case

During the searches, electronic evidence, including mobile phones, laptops, computer systems, email archives and debit/credit cards, were recovered, he said

Bike-taxi service provider Rapido drives cabs into Uber, Ola lane

Bike-taxi service provider launches new segment with subscription model for driver partners

P&G to record up to $2.5 bn in Gillette writedown, operations rejig

The consumer goods giant said it would take a $1.3 billion non-cash impairment charge before tax in the current quarter ending Dec 31 on its Gillette business

US regulators inspect Dr Reddy's, other Indian pharma majors: Report

Rivals Sun Pharma's Dadra facility and Torrent Pharmaceuticals Ltd's oncology unit are also undergoing FDA inspections

LIC fourth largest insurer in the world based on reserves: S&P Global study

The state-owned insurer is ranked after Allianz SE, China Life Insurance Company and Nippon Life Insurance Company

Johnson & Johnson sees 2024 sales growth slowing as top drug faces rivals

The pharma and medical devices giant will soon lose its exclusivity with psoriasis treatment Stelara, which accounted for a fifth of its drug sales in the third quarter

Patanjali Foods aims to see Rs 1,000 crore sales from masala business

During the investor day, Ramdev also said that he cannot comment on the merger, demerger or acquisitions the company plans to make in Patanjali Foods

Europe cautious, but will double GenAI investment in a year: Infosys

Spending shaped by concerns around ethics and bias, says research arm of Indian IT company

Foxconn resumes iPhone assembly in Chennai plant after weather disruptions

Foxconn and Pegatron had on Monday halted production of iPhones at their factories near Chennai because of heavy rain as a severe cyclone neared

US-based data analytics firm FICO launches its cloud platform in India

"We can deliver vehicle loans faster and more accurately," said Uttam Tibrewal, executive director, AU Small Finance Bank

HC gives interim relief to BMW over GST notice on salaries paid to expats

However, salaries directly paid by Indian companies to expat employees without reimbursement won't attract GST, as expats are then perceived as employees of the Indian company alone

Byju Raveendran said to have infused Rs 4,000 cr of own money in firm

'Rise and fight alongside me': Founder of beleaguered edtech company tells meeting of senior executives, says source

SenseAI Ventures rolls out Rs 200 crore fund to back AI startups

SenseAI Fund I is poised to invest in 18-20 AI-first startups, focusing on seed and Pre-A stage companies

Wipro Consumer acquires 3 brands from VVF to expand personal care segment

The acquisition will be a strategic expansion for Wipro in the personal wash segment