Page 1200 - Company News

Walt Disney, Charter Communications near distribution deal: Report

Charter, one of the biggest cable companies in the United States, has been locked in a distribution battle with Walt Disney over how much its channels are worth and how to package them

Reappointment of ICICI Bank CEO Sandeep Bakhshi gets RBI approval

Bakhshi took charge of the second largest lender on October 15, 2018. Prior to his appointment as MD & CEO, he was a Wholetime Director and the Chief Operating Officer (COO) of ICICI Bank

RIL backed HFCL bags Rs 83 crore order to supply optical fibre cable

Himachal Futuristic Communications Limited (HFCL) on Monday said it has bagged a Rs 82.60 crore order from a domestic telecom service provider

HC tells SpiceJet's Ajay Singh to pay Rs 100 crore to Maran by Tuesday

This is as part of the over Rs 380 crore arbitral award dues he has to pay

DFC approves up to $425 mn for Tata Power Renewable Energy project

The US International Development Finance Corporation has approved a financial aid of up to $425 mn (Rs 3,521 crore) to Tata Power Renewable Energy Ltd for setting up a 4.3 GW solar cell in Tamil Nadu

Shema Electric launches new range of high-speed electric scooters

The company priced its e-scooters -- Eagle+ and TUFF+ at Rs 1.17 lakh and Rs 1.4 lakh (ex-showroom), respectively

NBFC-MFI disbursements increase 45.8% to Rs 30,398 crore in Q1FY24

Assets Under Management (AUM) grew to Rs 1,26,053 crore in June 2023 from Rs 89,005 crore a year ago and Rs 1,21,326 crore as of end-March 2023

Celebi India starts ground handling at Chennai International Airport

Turkish aviation services firm Celebi India said on Monday it has started providing ground handling services at Chennai International Airport

Essar, Desert Tech sign pact for green steel solutions in Saudi Arabia

Essar has been tying up the back end for its proposed Saudi steel plant, which is expected to start production in 2027

ITC launches dairy products in Jharkhand under 'Aashirvaad Svasti' brand

Diversified city-based conglomerate ITC Limited Monday announced its entry in the dairy business in Jharkhand with the launch of various products under its 'Aashirvaad Svasti' brand

DevDynamics.ai raises $600,000 led by Powerhouse Ventures for amplifying AI

Engineering analytics platform DevDynamics on Monday said it has raised $600,000 (about Rs 4.98 crore) led by Powerhouse Ventures for amplifying its AI capabilities

NDMC mulling deploying security guards for assets installed for G20

The NDMC on Monday said it is contemplating to deploy security guards to prevent vandalisation or theft of assets like fountains and sculptures installed ahead of the G20 Summit.

TCS joins Living Heart Project to create digital human heart models

Tata Consultancy Services on Monday said it joined the Living Heart Project of European technology major Dassault Systmes to create accurate digital human heart models

Essar, Desert Tech ink pact for RE solutions for Saudi steel project

Essar Group on Monday signed a pact with solar PV firm Desert Technologies for developing renewable energy solutions for the Indian conglomerate's KSA Green Steel Arabia project

Govt may relook at allowing Indian companies to list overseas: FM

Under current regulations, Indian firms are not allowed to list directly on overseas exchanges. They can only list on foreign exchanges through instruments such as depository receipts

Tesla supercomputer may boost market value by $600 bn: Morgan Stanley

The electric-vehicle maker (EV) started production of the supercomputer used to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than $1 billion on Dojo

Grocery delivery app Instacart aims for up to $7.7 bn valuation in US IPO

The San Francisco-based company and its selling shareholders are looking to raise up to $616 million by offering 22 million shares priced between $26 and $28 each, it said in a regulatory filing

'Lulu Group expects to launch IPO in H1 2024, shares to be listed in Gulf'

Hypermarket chain and mall operator Lulu Group International expects to launch its initial public offering (IPO) in the first half of 2024, its chairman said on Monday

Byju's puts Epic, Great Learning on sale to raise $800 million-$1 billion

Byju's is hoping to earn between $400-$500 million from the sale of Epic, which is a US-based kids' learning company

Oriana Power bags orders worth Rs 134 cr for solar projects in K'taka, Raj

Oriana Power Ltd on Monday announced securing two fresh orders totalling Rs 134.6 crore to set up solar capacities in Karnataka and Rajasthan