Page 1180 - Company News

Fintech player Razorpay eyes international expansion, IPO in 2-3 years

The company, which entered Malaysia last year, is eyeing markets such as Indonesia, Vietnam, and the Philippines for expansion into the South East Asia region

Schneider Electric invests undisclosed amount in Biofuels Junction

The investment has been made through Schneider Electric Energy Access (SEEAA), Schneider Electric said in a statement

RBI okays appointment of Dipak Gupta as interim MD of Kotak Mahindra Bank

RBI through its letter dated September 7, 2023, approved Gupta's appointment for a period of two months with effect from September 2, 2023, Kotak Mahindra Bank said in a BSE filing

Tata Group's Titan to open nine new Tanishq stores in Gujarat by FY24-end

New stores would come up in cities like Ahmedabad, Gandhinagar, Surat, Bhuj, Valsad and a few in Saurashtra region, said the Titan MD

Reliance Jio, Nvidia to develop AI infrastructure in India, for India

Nvidia will provide the Superchips and computers and Reliance Jio will take care of the applications and services

Reliance explores chipmaking foray, in talks with potential partner

"There is intent, there is no timeline," said the person, adding that Reliance has "yet to make a call on whether they want to ultimately invest"

Wire and cables maker RR Kabel aims to raise $236 million via IPO

The Mumbai-based company, backed by private equity firm TPG, will issue new shares worth Rs 180 crore, as per its prospectus dated Sept. 6

India Inc set for board refresh as grandfathering period ends soon

About 400 independent director posts at 198 companies are required to be replenished by March 2024

Apple risks getting overtaken by bigger AI players, says Needham

The iPhone maker lacks a strategy on generative AI and large language models (LLMs) - which powers services like ChatGPT

Boeing warns of delay in 737 airplane deliveries due to supplier glitch

Narrowbody handovers will be near the bottom of Boeing's goal of shipping 400 to 450 of the popular 737 jets this year, Chief Financial Officer Brian West said at an investor conference on Thursday

Larsen & Toubro snaps up nearly $4 billion order from Saudi Aramco

Engineering firm's shares hit new high

ICICI Securities shares gain nearly 5% as delisting bid faces test

Under the scheme, the public shareholders of ISec would be allotted 67 shares of ICICI Bank for every 100 shares of the brokerage firm

Foxconn seeks to work with STMicro to build semiconductor factory in India

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country

ONGC to infuse Rs 15,000 cr in OPaL, edge out GAIL to control petchem firm

The ONGC board last week approved a financial restructuring of the petchem firm which had been making losses due to its high debt

How Micron planned its Sanand project to match India's semiconductor play

Critics say the project is hyped, as Micron will be merely importing its wafers and doing low-value ATMP processing

India Inc continues to remain heavily import-dependent for inputs

Growth in forex revenue continues to lag increase in forex expenses

Snapchat's new features to protect teens from potential online risks

The platform requires teens to be Snapchat friends or have phone book contacts with another user before they can begin communicating

Air India gets conditional approval from DGCA to restart simulator

As a result, Air India submitted the necessary paperwork, which included newly developed SOPs for preventive maintenance checks and a quality manual for the simulators, to the DGCA

HCLTech wins multiyear cloud services deal from Germany's Siemens AG

Indian firm will also supply IT infrastructure services to Siemens AG

AI may gobble up 90% of jobs, warns CRED founder & CEO Kunal Shah

"I think we should stop worshipping unicorns. We have to worship people who have large profit pools…" KUNAL SHAH, Founder & CEO, CRED