Page 1063 - Company News

Airbus to expand Tata tie-up to strengthen India's defence supply chain

The objective of the partnership between Airbus SAS and Tata Advanced Systems is to meet the demand for military transport aircraft as India replaces its ageing military transport fleet

Audi India to hike prices of vehicles by up to 2% from January 2024

The price hike will be effective from January 1, 2024 and will be across the model range, Audi India said in a statement

AI firm BRAIIN Holdings forays into India, plans to invest $100 million

Through several synergistic acquisitions, the company's market capitalization increased from $215 million to $572 million over the past six months

Toyota expects Indian PV market to carry momentum of 2023 into 2024: Gulati

While the SUVs are expected to witness fast growth in general in 2024, the mid to higher end of the segment will also see faster acceleration, although the small cars category will remain a concern.

Murthy's Catamaran plans to invest in precision manufacturing companies

"We are trying to invest in those companies which can export and make components in deep tech, and automobile," Ranganath said

Macrotech aims to trim net debt to below Rs 6,000 cr by March: MD Lodha

Lodha said the company had a strong performance during the September quarter on all important metrics

Saya Group to infuse Rs 4,000 cr in next 3 yrs in Noida, Ghaziabad projects

The development includes 2.33 million square feet commercial area where it will invest Rs 2,500 crore besides Rs 1,500 crore in luxury high-end residential project in Ghaziabad's Indirapuram

ED searches realty major DLF in money laundering case against Supertech

The central agency has recovered some documents during the action that was carried out over the past few days, official sources said

Emaar Properties faces FIR on MGF's complaint after Gurugram court order

Emaar India, in a statement, denied any "association of criminality with this issue" and alleged that it "appears to be nothing but another attempt by MGF to further harass Emaar and its employees

Rusan Pharma Invests 300 Crores in New API Facility in MP's Pithampur

New plant to produce 400 MT of APIs, creating more than 300 jobs and enhancing global supply

Rs 36,468 cr worth of order for Tejas placed under Modi govt: Officials

The first version of the aircraft was inducted into the Indian Air Force in 2016. Currently, two IAF squadrons are fully operational with LCA Tejas, they said

Berkshire Hathaway exits Paytm; sells 2.46% stake for Rs 1,371 cr

According to the bulk deal data available with the NSE, BH International Holdings offloaded 1,56,23,529 shares, amounting to a 2.46 per cent stake in Noida-headquartered Paytm

Berkshire Hathaway sells remaining 2.46% in Paytm for Rs 1,371 crore

Berkshire's exit comes after a string of selldowns for the firm, including stake cuts by Japanese conglomerate SoftBank Group and the exit of China's Alibaba Group

NSE, BSE impose Rs 5,42,800 fine each on Power Grid Corp for non-compliance

The company said that in response to the notices, it has requested NSE and BSE to grant a waiver of the fine with regard to non-compliance of Regulation 17(1) of the Sebi (LODR), Regulations, 2015

CashKaro expects profitability in 2 yrs, user base to grow 100 mn in 3 yrs

CashKaro has thus far raised over Rs 255 crore from prominent investors like Kalaari Capital, Ratan Tata, Korea Investment Partners and Affle Global Pte Ltd

Fortis Hospitals to sell Malar Hospital in Chennai for Rs 45.5 cr

The company has signed a definitive agreement for the sale of its business operations pertaining to Malar Hospital at Gandhi Nagar, Adyar, Chennai, to MGM Healthcare (MGM)

Bikanervala ties up with Montana group to expand in domestic, intl markets

This collaboration marks a milestone for further expansion and aims to reach out to a broader audience, the company said in a statement

Ride-hailing firm Uber rolls out rewards for drivers to avoid cancellations

By rewarding drivers with good customer rating (above 4.8) and low trip cancellations, this program aims to elevate overall platform experience for riders and drivers alike

Adani-Hindenburg case: There is no reason to discredit Sebi, says SC

Judgment reserved; Sebi says it won't seek more time for probe

Retail, e-commerce likely to see fairly good year ahead: Snapdeal CEO

"We are seeing greenshoots come through even in the semi-urban areas and with the tailwind that we have, I think both retail and e-commerce should see a fairly good year in 2024," Chakrawarti said