Page 1224 - Company News

Vedanta wins arbitration against govt in $1.1 bn cost disallowance case

It however did not give details of the arbitration award. "The company is in the process of reviewing the award in detail and evaluating its financial impact," it said

OnePlus, Realme plans to exit Indian television market: Here's why

A report by Counterpoint Research on the Indian television market released in April revealed that Xiaomi remains the market leader in 2022, holding an 11% market share

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

To fortify its BFSI vertical, Wipro is investing in technologies like cloud and AI. Dann mentioned that Wipro's recent $1 billion investment in AI aligns with this vision

With digital capital, users have power to bargain: Nandan Nilekani

Almost 100% of Indians have enrolled themselves in the identification system of Aadhaar

Tata Steel plans to scale up usage of hydrogen in steel making process: CEO

In April 2023, Tata Steel commenced the first of its kind experiment injecting hydrogen gas using 40 per cent of the injection systems in E-blast furnace at its steel plant in Jamshedpur, Jharkhand

IndoStar Finance Capital offloads corporate loans to Phoenix ARC

Offloads stress loans with dues worth Rs 915 cr

Seeing green shoots of pickup on volumes as inflation moderates: ITC CMD

This will certainly lead to improvement in volume, but it will not happen overnight, said Sanjiv Puri, CMD, ITC here on the sidelines of the B20 Summit organised by the CII

Shrem InvIT scraps plans for NCDs; opts for loan to acquire 10 road SPVs

Evaluating 10 more operating roads; to expand capital by Rs 330 cr

DLF to launch 2 luxury housing projects in Gurugram: MD Ashok Tyagi

During the 2022-23 financial year, DLF posted sales bookings of Rs 15,058 crore, a more than two-fold increase from Rs 7,273 crore in the previous year

Environmental risks outweigh operational risks for CXOs, finds study

The study is based on responses from 75 executives covering directors, managing directors, chief executive officers, chief technology officers and chief financial officers

Significant no of women feel they have equal growth opportunities: Report

The report further revealed that 65 per cent of women surveyed said they have witnessed gender pay equity in their current workplaces, a positive step in the organised sector's commitment

Taro stake buyout to help operate dermatology biz profitably: Sun Pharma

The Mumbai-based drug major has proposed to fully acquire Taro through a reverse triangular merger

Steel tycoon Sajjan Jindal seeks non-tariff barriers on imports from US, EU

Indian steel tycoon Sajjan Jindal wants the government to counter American tariffs and Europe's carbon tax with a similar levy, to level the playing field for companies like his

Defence PSU Bharat Electronics Limited bags orders worth Rs 3,289 crore

"These orders are in addition to the Rs 8,091 crore orders, which are already received. With this, BEL has in all received orders of Rs 11,380 crore till now in the financial year 2023-24"

Apple security chief under scanner for bribery charge over gun permits

The company pursued the gun permits starting in 2017 so that Apple's executive protection team could be armed after Moyer's staff reported receiving more serious threats against Chief Executive Office

Indian Oil plans to become '360-degree energy' company, to invest Rs 4 trn

Its energy transition plans also include an EV charging network and infrastructure to enable electric vehicles to swap chargeable batteries

AIX Connect, Air India Express announce harmonised grades ahead of merger

The new compensation for the two carriers marks a significant step forward, ensuring that the remuneration and benefits offered by the airlines are market-competitive, it said

Punit Goenka appeals before SAT for relief from Sebi's Aug 14 order

The Zee Ent promoter has been barred holding key positions in four group firms and merged entity

Zepto becomes first unicorn this year, raises $200 mn at $1.4 bn valuation

This comes amid a funding slowdown where startups, across the board, have found it challenging to raise capital

Adani-Hindenburg case: Sebi concludes 22 probes, submits report to SC

Sebi stated that 22 out of 24 investigations are now complete, with the remaining two at an interim stage