Page 1079 - Company News
Religare chief Rashmi Saluja claims corporate gender discrimination
Burman family -- the promoters of Dabur -- has filed a complaint with regulatory authorities seeking a probe into the sale of shares by Religare Enterprises Ltd's Chairman Rashmi Saluja
 "Religare chief Rashmi Saluja claims corporate gender discrimination")
Edtech major Byju's faces ED heat for Rs 9.4k crore 'forex violation'
Legal proceedings against the edtech firm have begun
 "Edtech major Byju's faces ED heat for Rs 9.4k crore 'forex violation'")
PEDA signs pact with Gail to set up 10 compressed biogas projects in Punjab
The memorandum of understanding (MoU) was signed by PEDA CEO Amarpal Singh and GAIL (India) Executive Director RK Singhal
 "PEDA signs pact with Gail to set up 10 compressed biogas projects in Punjab")
TCS Q3 to take $125 million hit on Epic Systems Corporation legal woes
TCS to make provision of $125 mn in its financial statement
 "TCS Q3 to take $125 million hit on Epic Systems Corporation legal woes")
NCLAT dismisses PNB's plea against Sterling Biotech sale to US-based firm
National Company Law Tribunal (NCLT) on November 11, 2022, approved a Rs 638 crore bid of Perfect Day in an auction conducted by the liquidator of Sterling Biotech
 "NCLAT dismisses PNB's plea against Sterling Biotech sale to US-based firm")
Blackstone to close multi-strategy fund after assets drop nearly 90%
The US-based asset manager said it had informed clients after it decided in October that its Blackstone Diversified Multi-Strategy fund would close at the end of the year
 "Blackstone to close multi-strategy fund after assets drop nearly 90%")
Citigroup MD accuses ex-bosses of 'horrifying' sexual assault, harassment
She says she finally decided to end their relationship in October 2022, after which he subjected her to an "onslaught of shocking abuse via hundreds of text messages and incessant phone calls
 "Citigroup MD accuses ex-bosses of 'horrifying' sexual assault, harassment")
CCI approves Titan's acquisition of additional stake in CaratLane
The combination relates to the acquisition of 27.18 per cent share capital of CaratLane (a subsidiary of Titan) by Titan Company Ltd
 "CCI approves Titan's acquisition of additional stake in CaratLane")
Jindal Power will not bid to take over airline Go First, say reports
The deadline to submit takeover bids ends on Tuesday, and the sources told Reuters Jindal had decided against bidding after evaluating the airline's financial statements
 "Jindal Power will not bid to take over airline Go First, say reports")
Tata Power adds to EV charging infrastructure on Chandigarh-Shimla route
The route connects two major cities -- Chandigarh and Shimla -- serving as a crucial link for travellers and businesses alike
IT major Wipro, Nvidia collab for artificial intelligence in healthcare
IT major Wipro on Tuesday announced a collaboration with NVIDIA to help healthcare companies accelerate the adoption of generative artificial intelligence (AI).
 "IT major Wipro, Nvidia collab for artificial intelligence in healthcare")
Nokia bags multi-terabit pan-Indian optical network deal from Bharti Airtel
The technology will help the Airtel network from disruption caused by optical fibre cable damage as the transport layer will reroute the traffic through other cable links
 "Nokia bags multi-terabit pan-Indian optical network deal from Bharti Airtel")
MRO service provider StandardAero open to form joint venture in India
India stands out as a major purchaser of aircraft, with major domestic airline operators such as Air India and IndiGo placing two of the world's largest aircraft orders with Airbus and Boeing
 "MRO service provider StandardAero open to form joint venture in India")
Adani Green adopts robotics for solar operations, water conservation
Deploying robotics technology for the entire 7,043 MW operational capacity will help save around 880 million litres water annually, Adani Green Energy Ltd said
 "Adani Green adopts robotics for solar operations, water conservation")
Global Green Growth Institute, EESL to implement project in India
Germany through its Federal Ministry for Economic Affairs and Climate Action (BMWK) is funding the project under the International Climate Initiative
 "Global Green Growth Institute, EESL to implement project in India")
Microsoft appoints Aparna Gupta as Global Delivery Center leader
Gupta will spearhead customer innovation and delivery excellence, cloud growth acceleration with top-tier talent, industry depth, and partner ecosystem
 "Microsoft appoints Aparna Gupta as Global Delivery Center leader")
Tata Motors commences sales of its commercial vehicles in Thailand
Tata Motors announced a strategic partnership with Inchcape plc as its distributor for commercial vehicles in Thailand
 "Tata Motors commences sales of its commercial vehicles in Thailand")
Reliance to invest additional Rs 20k cr in Bengal in 3 years: Mukesh Ambani
Reliance Industries chairman and MD Mukesh Ambani said that the Reliance Industries has invested close to Rs 45,000 crore in the last few years in the state
 "Reliance to invest additional Rs 20k cr in Bengal in 3 years: Mukesh Ambani")
Pharma company Laurus Labs acquires 87.59% stake in Laurus Bio Private
The acquisition was made through a secondary purchase from the promoter group shareholders of Laurus Bio on November 20, 2023
 "Pharma company Laurus Labs acquires 87.59% stake in Laurus Bio Private")
Bharti Airtel CEO Gopal Vittal bats for e-sim in a letter to customers
E-SIMs also allow users to use multiple mobile numbers on a single e-SIM and make it easy to change devices
 "Bharti Airtel CEO Gopal Vittal bats for e-sim in a letter to customers")