Page 1038 - Company News

Adani Group plans $84 billion spending after Hindenburg market rout

During an annual address to shareholders in July, Adani announced grand expansion targets across his ports, energy and infrastructure businesses

Raymond independent directors hire lawyer to protect minority shareholders

Company's interests 'paramount consideration', they say as fight between chairman Gautam Singhania and his estranged wife pulls down market value

'Future-ready' HUL to split beauty and personal care biz on April 1

Announces key changes in management committee

Meta asked to clarify measures against child sexual abuse by Dec 22

The request for information was done under the EU's Digital Services Act (DSA), new tech rules requiring Big Tech to do more to police illegal and harmful content on their platforms

Warning Letter for Pithampur SEZ facility remains an overhang for Cipla

While some brokerages believe that the issue could escalate and be detrimental for Cipla, others believe that the Warning Letter was on expected lines and the impact may not be meaningful

Broadcom to cut almost 1,300 VMware jobs in California after takeover

Broadcom, whose other operations include making chips used by companies including Apple Inc. and Alphabet Inc.'s Google, will report earnings next week

HUL appoints former revenue secy Tarun Bajaj as independent director

Bajaj belongs to the Indian Administrative Service, 1988 batch, Haryana Cadre, and was the Revenue Secretary of the Government of India before superannuating in November 2022

Zee-Sony merger: IDBI Trusteeship files appeal against Chandra at NCLAT

The appeal challenges the National Company Law Tribunal (NCLT) Mumbai order rejecting IDBI trusteeship's objection to the merger

Tata Steel says it completes merger of S & T Mining Company with itself

Tata Steel is in the process of merging a number of subsidiary companies with itself

Tesla shares fall on long wait for Cybertruck payoff, hefty price tag

Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025

Royal Enfield's total wholesales rise 13% to 80,251 units in November

Exports also grew 2 per cent to 5,114 units as compared with 5,006 units in November last year, the company said

Honda Cars India wholesales increase 24% to 8,730 units in November

Exports grew by over four-fold at 3,161 units last month as against 726 units in the year-ago period, it added

IT firm LTIMindtree selected as a strategic partner by Metasphere

Metasphere, part of Grundfos, provides smart network management solutions to the global utility industry

GAIL seeks $1.8 bn from former Gazprom unit for non-delivery of LNG

GAIL in 2012 signed a 20-year deal to buy as much as 2.85 million tonnes per annum of LNG with Russian energy giant Gazprom

Deepfake is not in our interest, firm complies with all local laws: YouTube

The video platform also removed 9,63,000 videos for violating its spam, deceptive practices and scams policy

Fintech firm Amazon Pay launches sign language video KYC service

Company says it has trained more than 120 employees for the service and developed interactive modules

Auto-tech solution provider CarDekho Group merges Revv with itself

With this merger, CarDekho will be a majority shareholder in Revv, which has a diverse fleet of vehicles and a wide network, spanning across India

MG Motor India retail sales increase by 2% to 4,154 units in November

The automaker had sold 4,079 units in November 2022. EV sales continued to account for around 30 per cent of the total vehicles sold last month, MG Motor India said in a statement

Zydus Lifesciences receives USFDA approval for Ivabradine tablets

On Friday, shares of Zydus Lifesciences were up/down by 0.34 per cent, ending the day's trade at Rs 640 apiece on the BSE

Hinduja's Ashok Leyland witnesses 3% decline in total sales in November

The cumulative sales till November 2023 rose by 7 per cent, to 1,22,092 from 1,14,370 units sold in the same month of last year