Page 1049 - Company News

Group to invest $75 bn to scale up AGEL's RE portfolio to 45 GW: Adani

The investments will boost the group's vision to have 45 gigawatt of renewable energy capacity by 2030, Adani said in a statement

CDS General Anil Chauhan to open HAL's avionics exposition in Delhi

State-owned aerospace and defence equipment maker to showcase capabilities in avionics

Paytm expands loan distribution business, targets personal, merchant loans

Paytm said that it would continue to collaborate and add banks and NBFCs as lending partners for its loan distribution business

Shree Cement plans to bid for lithium mining rights in Jammu-Kashmir

Shree Cement, India's second biggest cement company by market capitalisation, will also bid for blocks in the eastern state of Chhattisgarh, said a source

Scania India announces partnership with Hyderabad-based PPS Motors

PPS Motors has established six regional warehouses across India, which have close proximity to the mining sites and are strategically connected to Scania's central warehouse in Nagpur

Our preference is to build in-house teams, boost India role: CME Group CTO

The company, which has had its presence in India since 2015 and an employee base of 570, plans to ramp it up further by 100 employees by March next year

NYSE-listed Waters Corp invests $16 million in new GCC in Bengaluru

Waters Corporation has about 450 employees in India and plans to hire another 300 for its new GCC in Bengaluru

Ola Electric slashes sales goals by over half ahead of planned IPO: Report

The scaling back of Ola's targets comes ahead of its $700 million stock market debut plan, even though the SoftBank-backed company, continues to lead the small yet fast growing e-scooter market

Sun Pharmaceutical inks licensing agreement with Aclaris Therapeutics

"Under the license agreement, Aclaris granted Sun Pharma exclusive rights under certain patents for the use of deuruxolitinib"

Suzuki Motor Gujarat unit crosses 3 mn cumulative production milestone

Suzuki Motor Gujarat (SMG) has surpassed the milestone within a span of around 6 years and 11 months since commencing operations in February 2017, MSI said in a statement

Axiscades Technologies acquires Hyderabad-based Epcogen for Rs 26 crore

Axiscades has acquired Epcogen for Rs 26.25 crore to fortify its position in the energy markets of the Middle East and North America, it said

EKI Energy partners with Indian Oil to promote sustainable solar cooking

Under the MOU, IndianOil will share the technology of Surya Nutan with EKI Energy to enhance its production and distribution, supported by carbon finance

Swiggy appoints Anand Kripalu as independent director, chairperson of board

Kripalu holds a Bachelor of Technology in Electronics from IIT, Madras, and an MBA from IIM, Calcutta. He completed his Advanced Management Program at Wharton Business School

Aditya Birla Fashion forms JV to bring Christian Louboutin to India

"This joint venture envisages the transfer of the current Indian business into a newly incorporated subsidiary of ABFRL where the partners will hold equal stake," ABFRL said in a release

Apollo Hospitals' operator rejects allegations of illegal kidney transplant

UK's Telegraph newspaper reported on Saturday that Apollo was embroiled in a "cash for kidneys" racket in which impoverished people from Myanmar were being enticed to sell their organs for profit

Hero MotoCorp, Ather Energy partner on interoperable EV charging stations

The network of charging stations will be available to be located through the applications 'My VIDA' and the Ather App

Hyundai Creta facelift global debut in Jan, gets new 1.5 L turbo petrol

The new engine will come with the option of a seven-speed DCT or a manual gearbox and returns 160hp

Real estate firm Oberoi Realty buys 6.4-acre land in Thane for Rs 196 cr

The company had entered into a Memorandum of Understanding (MoU) with NRB Bearings Limited for acquiring the lands located at Pokhran Road 2, Thane, Maharashtra, together with structures thereon

Lupin Ltd receives USFDA approval for smoking cessation drug Chantix

The product will be manufactured at Lupin's Pithampur facility in India, the company said in a regulatory filing

Gautam Adani's next milestone is plan for $1.25 billion of green arm debt

We are coming close to timelines where we would like to see a concrete and definitive plan" Abhishek Dangra, a Singapore-based infrastructure analyst at S&P Global said