Page 1210 - Company News
80% of organisations intend to raise cloud spending next year: Infosys
Cloud used for growth and transformation is three times more important to companies, than cloud used to cut costs
 "80% of organisations intend to raise cloud spending next year: Infosys")
Abbott India recalls batches of Antacid Digene gel
In its letter, the DCGI warned that Digene may be unsafe and its use may result in adverse reaction
 "Abbott India recalls batches of Antacid Digene gel")
Hitachi bags order from Ayana Renewable Power for 300 MW solar project
Hitachi Energy India on Thursday said it has bagged an order from Ayana Renewable Power to provide a grid connection solution for their upcoming 300 MW solar project in Bikaner, Rajasthan
 "Hitachi bags order from Ayana Renewable Power for 300 MW solar project")
United Breweries Ltd appoints Vivek Gupta as new MD & CEO of company
United Breweries Ltd (UBL), now part of Dutch brewing firm Heineken, on Thursday announced appointment of Vivek Gupta as Managing Director and CEO of the company
 "United Breweries Ltd appoints Vivek Gupta as new MD & CEO of company")
Essar signs deal with Vale to get raw material supply for Saudi steel plant
Complete raw material supply of iron ore feed for project secured, says Indian firm
 "Essar signs deal with Vale to get raw material supply for Saudi steel plant")
Jakson Green order book reaches Rs 5,000 cr within a year of inception
The company's ascent to this substantial order book has been driven by its success in securing pivotal utility-scale renewable EPC projects in West Africa, GCC and CIS countries
 "Jakson Green order book reaches Rs 5,000 cr within a year of inception")
Naredco-Maha to set up Rs 50 cr proptech fund to support realty startups
Naredco-Maharashtra will launch this 'RealTech Fund (RTF)' on September 15 during its annual event The Real Estate Forum 2023
 "Naredco-Maha to set up Rs 50 cr proptech fund to support realty startups")
NoBroker brings metro station-based property search option for home seekers
The metro-based property search feature allows users to find homes along metro lines close to their workplace
 "NoBroker brings metro station-based property search option for home seekers")
United Breweries brings on Vivek Gupta as MD & CEO from September 25
His most recent position with P&G was as managing director for Australia and New Zealand
 "United Breweries brings on Vivek Gupta as MD & CEO from September 25")
HC refuses to restrain use of PolicyBazaar trade marks on Google AdWords
Plaintiff Policybazaar, in its lawsuits against Coverfox and Acko, claimed that the defendant companies were using key words identical to the Policybazaar marks like "Policy Bazaar", "PolicyBazaar"
 "HC refuses to restrain use of PolicyBazaar trade marks on Google AdWords")
Abbott recalls antacid Digene Gel made in Goa after consumer complaints
India's drugs regulator issues advisory against use; company says there is no 'health concern'
 "Abbott recalls antacid Digene Gel made in Goa after consumer complaints")
Temasek leads $140 mn Ola Electric funding at $5.4 bn valuation: Report
Ola Electric, founded by Bhavish Aggarwal and backed by Japan's SoftBank Group, has become India's e-scooter market leader with a 32% share
 "Temasek leads $140 mn Ola Electric funding at $5.4 bn valuation: Report")
Gaming firm Nazara Technologies to raise Rs 410 cr from SBI Mutual Fund
Company will use investment for growth objectives including strategic acquisitions
 "Gaming firm Nazara Technologies to raise Rs 410 cr from SBI Mutual Fund")
Google Cloud partners with CERT-In to train govt officials in cybersecurity
CERT-In is part of the Ministry of Electronics and Information Technology (MeitY), which deals with cybersecurity threats, hacking and other cyber related issues
 "Google Cloud partners with CERT-In to train govt officials in cybersecurity")
L&T sees share of private orders settle at a third but remain below peak
L&T, seen as a bellwether for investment in the Indian economy, had a consolidated orderbook of Rs 4.12 trillion ($49.55 billion) as of June 30
 "L&T sees share of private orders settle at a third but remain below peak")
Vedanta Resources plans to meet investors as it faces $2 billion debt bill
The mining company has already started an exercise to identify investors in its dollar bonds that mature next January and August, as well as those due in March 2025
 "Vedanta Resources plans to meet investors as it faces $2 billion debt bill")
Automaker SAIC Motor likely to partner with Indian company to expand base
Following a border clash in June 2020, the Indian government had banned Chinese apps and imposed restrictions on foreign direct investments
 "Automaker SAIC Motor likely to partner with Indian company to expand base")
GAIL to tap spot LNG markets to meet increased demand of electricity
"We have been servicing the demand for the last one month also. Demand is already there," he said
 "GAIL to tap spot LNG markets to meet increased demand of electricity")
India's G20 presidency giving voice to many nations: Mahindra Gr CEO Shah
He further said,"What is more important is that India is uniquely positioned for bridging the divide between many countries in the world, in some cases a North-South divide
 "India's G20 presidency giving voice to many nations: Mahindra Gr CEO Shah")
LIC may need 5 yrs more beyond 2027 comply with public float norms
FinMin-LIC discusses roadmap, stake dilution plans and challenges ahead
 "LIC may need 5 yrs more beyond 2027 comply with public float norms")