Page 1213 - Company News

Tata Steel, ABB India partner to develop tech to reduce carbon footprint

The steelmaker has a medium-term target to reduce carbon emissions to less than two tonnes of Co2 per tonne of crude steel in its Indian operations by 2025, ABB India said in a statement

Chavda Infra IPO to open on Sept 12, fixes price band at Rs 60-65

Gujarat-based civil construction company Chavda Infra Ltd has set a price band of Rs 60-65 per share for its initial public offering (IPO)

Suzuki Motor inks pact with NDDB, Banas Dairy to set up biogas plants

The three-party agreement between Suzuki R&D Center India, a wholly- owned subsidiary of Suzuki, NDDB and Banas Dairy was inked in Tokyo on Wednesday

Ind-Swift Labs to sell pharma ingredients ops to Synthimed Labs for $198 mn

Ind-Swift Labs will sell its active pharmaceuticals ingredients (API) and contract research and manufacturing services (CRAMS) business

Amazon Pay registers double digit growth: Vice-President Mahendra Nerurkar

Amazon Pay, which is the sixth largest player in the payments segment, had a total volume transaction of 57.6 million for the month of July 2023

Digital disruptor brands likely to reach $10 billion by FY28: Report

Consumer demand for innovation and digital-first brands fuels this trend

Six of eight funds used to invest in Adani Group stocks now closed: Report

The closure of these funds posed a challenge for Sebi to reach the ultimate beneficiaries of these vehicles

Settle issues with creditor Celestial Aviation Services: NCLT asks SpiceJet

The tribunal's suggestion came against the backdrop of the crisis-hit carrier issuing shares in lieu of dues to nine aircraft lessors

TPREL to set up 12 MW on-site solar project for Tata Motors in Maharashtra

The project will generate 17.5 million units of electricity per annum mitigating over 12,400 tonnes of Co2 per annum

Credit demand to remain robust, to clock about 14% growth: SBI chairman

YONO 2.0 rollout by FY24-end; app fetches Rs 100 crore in fee income every qtr

Vedanta Resources gets back ownership, management of copper mine in Zambia

India is over 90 per cent dependent on imports for copper concentrate and over 40 per cent dependent on imports for finished copper

Draft merger rules: Mega global deals likely to come within CCI ambit

The CCI has invited stakeholders to submit written comments on the draft Combinations Regulations until 25 September

Higher growth, margin expansion likely to drive further gains for Emami

Expectations of revenue growth, margin expansion and reduction in share pledge are other triggers

At 7 million, India saw highest mobile subscriber addition in Q2: Ericsson

The number of mobile broadband subscriptions grew by about 100 million in the quarter, totalling 7.4 billion-a year-on-year increase of 5 per cent

Cipla, Torrent may need to divest 15 brands in buyout deal: Bernstein

Torrent has a strong presence in gastrointestinal, neurology, and cardiac segments

Cipla plans acquisitions to take top spot in South African drug market

Cipla has a strong presence in both private and tender markets in South Africa

Lighthouse Advisors India sells 1.3% stake in Bikaji Foods for Rs 156 cr

Mumbai-based Lighthouse Advisors India on Tuesday divested a 1.3 per cent stake in Bikaji Foods International for nearly Rs 156 crore through an open market transaction.

User safety important, using AI tools to combat misinformation: Meta India

Meta will continue with its election integrity efforts, as India heads for Lok Sabha elections next year, she told PTI

Birla Corp plans to ramp up cement production to 25 mt by 2025-26 fiscal

The cement maker is planning to meet its targeted production by increasing capacity utilisation at its Mukutban plant in Maharashtra

Jupiter Wagons gets board's nod to raise Rs 700 crore through QIP route

The funds will be raised through the issuance of equity shares, with a total value of Rs 700 crore