Page 1055 - Company News

JSW Steel USA Ohio plans to raise long-term funds in United States

JSW Steel USA Ohio is considering a proposal for raising long-term funds of around 30 year's tenor in the municipal bond markets in the USA, JSW Steel said

AI startups that help fight cancer, fraud picked for Google accelerator

20 companies will be mentored for solutions that 'positively impact various industries and transform lives', says tech giant

Wipro chief growth officer Stephanie Trautman steps down amid restructuring

IT services company has given a muted sequential revenue growth guidance for the third quarter

Japan's Softbank pares 1.1% stake in Zomato worth Rs 1,128 crore

The shares were sold at an average price of Rs 120.50 apiece, taking the combined deal size to Rs 1,127.51 crore

Tata Motors subsidiary, Bharat Petroleum tie up for 7k charging stations

The two companies have signed a memorandum of understanding to collaborate in establishing public charging stations across India, Tata Passenger Electric Mobility (TPEM) said

Jindal Stainless aims to cut emissions by 50% 'way ahead' of 2035 target

India's largest stainless steel company will invest Rs 700 cr in projects to cut emissions

Airblack raises Rs 33 crore led by Micheal & Susan Dell Foundation

Since starting three years back, over 35,000 students in 300 cities have enrolled in Airblack courses

Esconet Tech aims 3-fold jump in revenue to Rs 300 crore by March 2026

Esconet said it plans to expand its manufacturing capacity comprising high-end servers, workstations and storage systems. It is also expanding its Private Cloud vertical

RITES enters into pact with Oil India to develop Duliajan Township in Assam

RITES will offer its expertise in buildings, horticulture and beautification works

Max Healthcare to acquire Starlit Medical Centre in Rs 940 crore deal

This deal gives Max Healthcare the ownership of 550-bedded Sahara Hospital in Lucknow

Star Cement's Rs 2200 cr capex expansion drive on fast track: CEO

Speaking about Guwahati brownfield expansion, he said it is rolling out a two million-tonne fresh annual grinding unit that will commence commercial production by December

Dubai court orders release of SpiceJet aircraft seized due to litigation

Additionally, the Judge has directed an inquiry into losses suffered by SpiceJet as a result of the Order having been made

Sebi chief deeply regrets failure to de-freeze shares in Kirloskar case

In October 2020, Sebi prohibited Atul Kirloskar, Rahul Kirloskar, Alpana Kirloskar, Arti Kirloskar, and Jyotsna Kulkarni from accessing the securities market for six months

Not Britannia or Adani Wilmar: Which is the largest FMCG company in India?

ITC is now the largest FMCG company in India as it recorded food sales of Rs 17,100 crore during the first nine months of 2023-24

Airbus Helicopters partners with Indamer for fleet servicing, maintenance

Under this arrangement, Indamer will provide Maintenance, Repair and Overhaul (MRO) services for the rotor-wing aircraft at its facilities in Mumbai, New Delhi and Nagpur, Airbus Helicopters said

Maruti's first EV with a range of 550 km set to be launched by March 2025

While Maruti Suzuki retains a dominant market share in the petrol-powered affordable cars segment, given the size and range of the vehicle, the eVX is unlikely to be as affordable as Tata's Tiago EV

India Inc fundraising via private placement reaches Rs 8.97 trn in 2023

Corporates in India have set a new record for financing through private placements; the last record was set in 2020 at Rs 7.95 trillion

Vedanta Resources to raise $1.25 bn through foreign investors at high rates

While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January

Adani Green lays out plan for repaying $750 mn bond to restore confidence

Adani Green Energy Ltd., part of billionaire Gautam Adani's empire, will redeem the notes in full by the due date, it said in a filing to the Singapore stock exchange

Driven by artificial intelligence, Micron sees robust chip demand

The market size for global semiconductor memory was valued at $104.58 billion in 2022 and the worldwide semiconductor memory market is expected to touch $201.91 billion by 2032