Page 1135 - Company News

Australia fines Musk's X platform $386,000 over anti-child abuse gaps

Most recently EU said it was investigating X for potential violation of its new tech rules after the platform was accused of failing to rein in disinformation in relation to Hamas's attack on Israel

Court denies 'default bail' to Supertech chief in money laundering case

A Delhi court has denied 'default bail' to R K Arora, the chairman and promoter of real estate major Supertech Group, in a money laundering case.

Indian Oil to invest Rs 1,660 cr in JV with NTPC to set up power plants

On June 2, IOC incorporated the joint venture company (JVC) with NTPC Green Energy Limited, (a wholly-owned subsidiary of NTPC Limited)

Disney Star creates new viewership record in high-voltage India Pak match

The peak concurrency, which is the highest number of viewers during a live stream, for the Indo-Pak match on its OTT platform Disney+ Hotstar was nearly 35 mn

Mcap of six of top 10 firms jumps Rs 70,527.11 crore; RIL biggest gainer

The combined market valuation of six of the top 10 valued firms jumped Rs 70,527.11 crore last week, with Reliance Industries Ltd (RIL) emerging as the biggest gainer

Speciality Restaurants to focus on oriental cuisine for expansion

Cloud kitchens, which expanded quickly during the pandemic, will continue to grow

Rosmerta lines up Rs 200 cr to set up 10 vehicle scrappage units in 3 yrs

The company currently operates a single vehicle scrapping facility in Manesar (Haryana) with a capacity of processing 30,000 vehicles annually

See eventual split in platforms for ICE, EVs: Tata Motors' Martin Uhlarik

Converting EV on an ICE product platform, which has provisions such as the traditional transmission tunnel and firewall, has limitations, he added

SAIL to begin trial production of special rails by month-end: Chairman

The steel PSU was earlier looking to start the trial production of HH rails in August but deferred it due to the demand for normal rails like 880 grade from the Indian Railways, Prakash told PTI

Adani's new mega port at Vizhinjam can lure world's biggest ships to India

Located near the southernmost tip of the country, the Vizhinjam transshipment container port will allow India to grab a bigger slice of the international maritime trade currently dominated by China

Delta Corp receives additional notices of GST shortfalls of Rs 6,384 crore

Three weeks earlier, Delta corp had received a similar notice from govt to pay tax of $1.34 bn along with interest and penalty for period July 2017 to March 2022

FM Sitharaman urges private sector to come forward and support SDGs

''The 17 SDGs adopted by United Nations member states in 2015 were aimed at addressing a wide range of social, economic, and environmental challenges by 2030,'' she said

PVR Inox launches monthly subscription pass 'Passport' for Rs 699

As per the monthly subscription pass, which will be available from October 16, cinema goers will be able to watch up to 10 movies per month for just Rs 699

IndiGo co-founder Rakesh Gangwal may buy stake in SpiceJet? Shares soar

The airline is currently operating about 1,483 flights per week, which is 17.5 per cent lower than in the same month last year, according to aviation analytics firm Cirium

Adani Group's greenfield copper facility to start operations from March

Group has invested $1.1 bn in greenfield refinery in Mundra

No plans to phase out diesel vehicles: BMW India president Vikram Pawah

The company currently has an order book of about 2,000 cars and 1,000 motorcycles

Sebi refuses to stay securities market ban on Eros International Media

Accordingly, Sebi said the five entities will continue to be restrained from buying, selling, or dealing in the securities directly until further orders

Tata Motors sells 9.9% stake in IPO-bound Tata Tech for Rs 1,613 crore

TPG Rise Climate is the lead investor for this transaction. TTL is a global engineering services company offering product development and digital solutions to global original equipment manufacturers

Problem of plenty for Indian companies as cash pile keeps growing

New investments haven't kept pace with money flowing in from operations

MCA probes accounts of Adani Enterprises' Mumbai, Navi Mumbai airports

India's Ministry of Corporate Affairs had in February initiated another probe into the Adani Group's financial statements