Page 1223 - Company News

CIL's arm SECL inks agreement for maiden open-cast mine in Chhattisgarh

The spokesperson said the MDO model would help achieve the CIL's 1 billion tonne production target

Baroda UP Bank to rationalise over 250 branches in semi-urban, rural areas

Appoints BCG for organisational revamp

RIL AGM 2023: Reliance pumped $10 billion into retail biz in two years

Global investors showing new interest in Reliance Retail: Mukesh Ambani

RIL AGM: Jio Financial to partner foreign firms for insurance sector play

Company will offer general and health insurance products through 'seamless digital interface', says Mukesh Ambani

RIL AGM: AirFiber to go live from September 19 amid fresh telecom push

Jio AirFiber will serve as a personal WiFi hotspot for homes, will be powered by firm's high-speed 5G internet

With Zepto becoming first unicorn of 2023, is funding winter about to thaw?

Quick commerce startups hope to race towards better days. Can they crack the execution code?

SoftBank Group plans AI tour for founders to boost technology adoption

Son invested more than $140 billion in startups after setting up the Vision Fund in 2017, championing the potential of new technologies such as artificial intelligence

UK air traffic curbs: Air India says no significant impact on its flights

Air India operates 98 weekly flights between India and the UK. On August 28, the airline is scheduled to operate 14 flights between India and the UK

Ikea's first Indian outlet in Hyderabad to breakeven soon, says CEO

: Swedish furniture maker Ikea expects its Hyderabad store, the first in the country to achieve operational breakeven soon, the company said on Monday without providing the revenue details

M&As likely to witness a strong comeback as PEs bet more cash in India

PE investors and promoter sales have largely dominated the equity sell-down activity over the last two years

Baron Capital nearly halves Byju's valuation, marks up Swiggy, Pine Labs

Byju's was last valued at $22 billion when it raised $250 million from Qatar Investment Authority in October last year

American Airlines fined $4.1 million for dozens of long tarmac delays

The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays

EV cell maker Log9 flags production hit on delayed visas to Chinese experts

"If the Chinese engineers don't arrive on time, then our cell line production will get impacted," Log9's co-founder and director, Pankaj Sharma, told Reuters

Indian refiner BPCL to spend $18.16 bn in oil, green energy over 5 years

The nation has set itself a target to reach net zero by 2070. Many Western countries have set a mid-century goal to meet net zero

JKC gets time till Sept-end to pay Jet Airways lenders Rs 350 crore dues

Tribunal also allows adjustment of Rs 150 cr as payment by invoking Jalan Kalrock's performance bank guarantee

Skyroot expects to double its rocket launches amid Chandrayaan-3's success

"From 2024 and later, we're looking at at least two launches per year and will probably ramp up as we move further," said Chandana

Stäubli invests $15 million in Bengaluru facility to expand India footprint

The facility will help the company expand its footprint in India by fast-tracking its localisation efforts and strengthening local engineering capabilities

Apollo Connect launched to provide connected healthcare ecosystem in India

Apollo Hospitals on Monday announced a pan-India expansion of its connected care programme, Apollo Connect, to provide the largest integrated healthcare ecosystem in India, the hospital said

Shipping & logistics firm UPS opens India's first tech centre in Chennai

Around 100 candidates were already hired in Chennai with plans to hire 350 by the end of 2023 and up to 1,000 by 2025 across India

Sun Pharma aims to spend 7-8% of sales on R&D activities this fiscal

Sun Pharmaceutical Industries Ltd aims to spend 7-8 per cent of its sales in the current fiscal on research and development activities