Page 1096 - Company News
Toyota pledges $8 billion more for US battery plant to rev up EV push
The company, which plans to have electrified options for all its models available by 2025, said the latest move will bring its total investment in the plant to about $13.9 billion
 "Toyota pledges $8 billion more for US battery plant to rev up EV push")
Qualcomm unveils new PC chip in bid to challenge to Apple, Intel dominance
The new Snapdragon X features 12 high-performance cores capable of crunching data at 3.8 gigahertz, Qualcomm said at a company event Tuesday in Hawaii
 "Qualcomm unveils new PC chip in bid to challenge to Apple, Intel dominance")
Wistron deal: Tata gets global reach, Apple gets to hedge geopolitical bets
The government's target of hitting $52-$58 billion in mobile phone exports in FY26 has been faltering; an Indian corporate group with financial muscle will help
 "Wistron deal: Tata gets global reach, Apple gets to hedge geopolitical bets")
Jhunjhunwala family-backed IKS Health acquires US tech firm for $200 mn
IKS Health is looking at a combined Total Addressable Market (TAM) of around US$ 195 billion across pre-acute and acute care markets, according to a company communication
 "Jhunjhunwala family-backed IKS Health acquires US tech firm for $200 mn")
Amazon surpasses 1.1 gigawatts of renewable energy capacity in India
With this, the company now has 50 wind and solar projects across India
 "Amazon surpasses 1.1 gigawatts of renewable energy capacity in India")
Adani Logistics acquires 50% shares of Veracity Supply Chain Ltd
Adani Logistics Ltd on Tuesday said it has acquired a 50 per cent stake in Veracity Supply Chain Private Ltd (VSCPL).
 "Adani Logistics acquires 50% shares of Veracity Supply Chain Ltd")
No corporate has sought furniture to help employees in work: Godrej Interio
Leading office furniture brand Godrej Interio has "never" been approached by any corporate client asking for solutions to help an employee put in elongated work hours, a top official said on Tuesday
API Holdings' Rs 3,500 cr rights issue oversubscribed: Dhaval Shah
He said in November 2022, the firm had aimed for profitability by April 2023
 "API Holdings' Rs 3,500 cr rights issue oversubscribed: Dhaval Shah")
GE T&D India wins Rs 500 crore orders from Power Grid Corporation
These projects aim to facilitate the integration of renewable energy into the national electricity grid and enhance electricity transmission within the country, including in Rajasthan
 "GE T&D India wins Rs 500 crore orders from Power Grid Corporation")
Vridhi Home Finance secures Rs 150 crore led by Elevation Capital
The company said it is committed to expanding credit access to semi-urban and rural areas of Bharat that have historically had limited exposure to formal credit services
 "Vridhi Home Finance secures Rs 150 crore led by Elevation Capital")
Power Mech Projects bags Rs 355 cr order from BHEL for trial operations
Based in Hyderabad, Power Mech Projects is one among the leading infrastructure-construction companies with global presence
 "Power Mech Projects bags Rs 355 cr order from BHEL for trial operations")
Meesho announces a 9-day break for employees for mental well-being
The firm said this is a testament to Meesho's unwavering commitment to its employees' holistic growth and happiness
 "Meesho announces a 9-day break for employees for mental well-being")
JSW Energy joint managing director & CEO resigns, to take early retirement
JSW Energy said Jain will continue to serve in his current position until 31 January 2024 to support an orderly transition
 "JSW Energy joint managing director & CEO resigns, to take early retirement")
C-DoT expects to deploy indigenous 5G system in BSNL network in 6-8 months
C-DoT demonstrated the test network set-up using its 5G gears in a live video call to Prime Minister Narendra Modi at the India Mobile Congress 2023
 "C-DoT expects to deploy indigenous 5G system in BSNL network in 6-8 months")
Ajanta Pharma Q2 results: Consolidated profit up 25% at Rs 195 crore
The company had posted a consolidated net profit of Rs 156.6 crore in the same quarter last fiscal, Ajanta Pharma said in a regulatory filing
 "Ajanta Pharma Q2 results: Consolidated profit up 25% at Rs 195 crore")
DLF's sales bookings rise 9% to Rs 2,228 crore during Jul-Sep quarter
According to its investors' presentation, DLF clocked sales bookings of Rs 2,228 crore during the July-September period of this fiscal from Rs 2,052 crore in the year-ago period
 "DLF's sales bookings rise 9% to Rs 2,228 crore during Jul-Sep quarter")
NLC's Rs 4,400-cr lignite-to-methanol project to be completed by March 2027
NLC has traditionally been into lignite mining and setting up lignite-based power plants
 "NLC's Rs 4,400-cr lignite-to-methanol project to be completed by March 2027")
Reliance Jio takes contrarian call on 5G services, not to raise tariff
Not to raise tariff; focus not only on mobility but also on connecting India's over 330 million households with broadband based on 5G last-mile connectivity
Industrialist Mukesh Ambani receives 3rd threat email with Rs 400 cr demand
Ambani's company received the email on Monday
 "Industrialist Mukesh Ambani receives 3rd threat email with Rs 400 cr demand")
Pichai defends paying for making Google default search engine on devices
Google counters that it dominates the market because its search engine is better than the competition
 "Pichai defends paying for making Google default search engine on devices")