Page 1113 - Company News

Suzlon secures order for 3 MW series turbines from Juniper Green Energy

Under the terms of the agreement, Suzlon will supply the wind turbines (equipment supply) and execute the project including, the erection and commissioning

Jindal India hops in with Future Enterprises bid, submits resolution plan

Only after Reliance Retail conveys its decision to Future Enterprises' creditors about its intent to either continue or walk out of the bidding process, will the bid be opened

See huge opportunity to expand in Tier-II, says Marks & Spencer India

Ritesh Mishra, managing director at M&S India, said, "Tier-II cities are of paramount importance to us, as there is still room for growth in Tier-I markets"

Ola Electric in 'giga' drive: Rs 3,200 crore to fund its EV business

The funds raised are expected to create an interim event and pave the way for an initial public offering (IPO), which may be in the range of $800 million to $1 billion

Mastercard forecasts weaker revenue growth on economic slowdown fears

"This was a disappointing quarter, in our view, as guidance fell just short of likely elevated expectations," Edward Jones analyst Logan Purk said

TotalEnergies sticks to share buyback plans despite net income dro

Its shares dipped 0.34% in early trading

Google to introduce new immersive AI-powered upgrades to its Maps app

Chris Phillips, Vice President and General Manager of Geo at Google, stated that AI has "supercharged the way we map"

Tata Sons to infuse Rs 2,000 crore in loss-making subsidiary Tata Tele

For the first half of the ongoing financial year, the company reported a loss of Rs 672 crore on total income of Rs 1,046 crore, according to filings with the stock exchanges

Logistics operator Allcargo plans to achieve carbon neutrality by 2040

Gati has set a clear target of 2026 to convert its entire first and last-mile deliveries to alternative fuels in India, it said

In a 1st, Ola Electric rides on festivals to log 200K registrations in a CY

Confirming the milestone, Ola's chief marketing officer, Anshul Khandelwal, said it was a remarkable achievement and in record time

Epsilon Advanced Materials to build $650 mn EV battery plant in US

EAM expects the North Carolina plant to reach full capacity by 2031, with a targeted annual production capacity of 50,000 standard tons of anode materials

Adani Group seeking to raise $4 bn to fund green hydrogen plans

Tycoons like Adani and his rival Mukesh Ambani are betting on green hydrogen as Prime Minister Narendra Modi seeks to establish India's leadership in the transition toward cleaner technology

In a 1st, artificial intelligence company from Silicon Valley enters Bihar

The company currently has some 4,000 employees in India, but they are mostly in Chennai, Bangalore and Hyderabad

NCLT relief to help Bajaj Hindusthan focus on expansion, growth plans

Sources said the plans, which were on hold due to the NCLT proceedings, will now be restarted with renewed vigour

Morgan Stanley names banking veteran Ted Pick as investment bank's next CEO

Pick has served as co-president of Morgan Stanley for the past two years

Improvement in Q3 key to reversal of Jubilant FoodWorks' fortunes

Brokerages downgraded ratings, accompanied by 18% revision in earnings

Renault, Nissan get CCI nod for rebalancing of existing cross-shareholdings

Renault will continue to benefit from the economic rights of those shares until they are sold

McLeod Russel to sell Vietnam unit Phu Ben Tea Company for $2.15 mn

Subject to the completion of the sale, PBTCL would cease to be a subsidiary of BTHL and a step-down subsidiary of McLeod Russel

SBI mulls to raise up to Rs 10,000 cr tier-II bond issue next week

The bonds are rated AAA by consulting and rating firms CRISIL and India Ratings

India will lead world in use of 5G for interesting applications: Ericsson

The India Mobile Congress-2023 is all set to begin on Friday in New Delhi with the theme of 'Global Digital Innovation'