Page 1226 - Company News
FSS announces launch of its new payments technology platform 'Blaze'
FSS has made the Blaze platform accessible to customers in India, the Middle East, and Africa, and has plans to introduce it in additional markets in the coming months
 "FSS announces launch of its new payments technology platform 'Blaze'")
PFC to provide Rs 4,528 cr loan for DVC project to set up 1,320 MW project
The Raghunathpur Phase-II project -- a collaborative effort between PFC and DVC -- will contribute significantly to the power generation capacity in West Bengal, a PFC statement said on Friday
 "PFC to provide Rs 4,528 cr loan for DVC project to set up 1,320 MW project")
Haveus Aerotech signs MoU with HAL to explore biz opportunities in aviation
Haveus Aerotech is a DGCA, EASA and DOT (USA) approvedO, catering to airline customers globally through its facilities in Gurugram and Bengaluru
 "Haveus Aerotech signs MoU with HAL to explore biz opportunities in aviation")
JBM Auto gears up to participate in PM-eBus Sewa scheme worth Rs 57,613 cr
The company, which already has orders for 5,000 electric buses from across the country in its kitty, is looking to go through the policy fine print before deciding its future course of action
 "JBM Auto gears up to participate in PM-eBus Sewa scheme worth Rs 57,613 cr")
Infosys announces women tennis top seed Swiatek as global brand ambassador
Infosys said that it will now work closely with Swiatek's team to build an advanced data analytics and video dashboard by leveraging artificial intelligence
 "Infosys announces women tennis top seed Swiatek as global brand ambassador")
Infosys signs women's tennis champ Iga Swiatek as brand ambassador
Infosys has been engaged with tennis for over eight years, serving as the digital innovation partner for prestigious events
 "Infosys signs women's tennis champ Iga Swiatek as brand ambassador")
Embraer sees opportunity to partner with India for aerospace development
The challenges in the global supply chain brought by the pandemic also brings about opportunities to develop new partnerships in order to develop resilience, CEO Neto said
 "Embraer sees opportunity to partner with India for aerospace development")
JSW Group working on plans to make its own EVs, says Sajjan Jindal
EV is an area where JSW Group must enter as it is the future and this is a good time to make foray into this space, Jindal said
 "JSW Group working on plans to make its own EVs, says Sajjan Jindal")
India Inc's leverage to stablise; refinancing risk to remain low: Moody's
Agency's report on non-finance entities says earnings growth will be a function of lower prices of key commodities
 "India Inc's leverage to stablise; refinancing risk to remain low: Moody's")
Jio Financial share exclusion from Sensex, indices postponed to Aug 31
Before opening of trading on September 1, the JFSL stock will be removed from all S&P BSE indices, including Sensex, Sensex 50, BSE 100, BSE 500, among others
 "Jio Financial share exclusion from Sensex, indices postponed to Aug 31")
Indian billionaire Anil Agarwal mulls listing Vedanta businesses separately
The plans stand in contrast to Agarwal's attempts in 2020 to delist Vedanta Ltd to expedite the process of simplifying its corporate structure, which failed
 "Indian billionaire Anil Agarwal mulls listing Vedanta businesses separately")
Jio Financial recovers after hitting lower limit for five sessions
JFS was automatically included in the benchmark Nifty 50 and Sensex indexes due to Reliance's presence, with the plan to remove the stock at the end of Aug 23
 "Jio Financial recovers after hitting lower limit for five sessions")
Reliance Retail Ventures may sell another 8-10% stake to prepare for IPO
Further dilution of stake might make its IPO size manageable
 "Reliance Retail Ventures may sell another 8-10% stake to prepare for IPO")
Tesla investors to get about $12,000 apiece in Elon Musk's SEC deal
The Securities and Exchange Commission asked a judge for final approval of the plan in a court filing Wednesday evening
 "Tesla investors to get about $12,000 apiece in Elon Musk's SEC deal")
Subway's new owner faces tough decisions on chain's massive size in US
Subway's restaurant count currently stands at nearly 37,000 worldwide, with around 20,000 in the US
 "Subway's new owner faces tough decisions on chain's massive size in US")
Reliance partners with Oberoi Hotels to co-manage hospitality ventures
The trio of properties includes the upcoming Anant Vilas Hotel situated in Mumbai's Bandra Kurla Complex (BKC), the iconic Stoke Park in the UK, and another planned project in Gujarat
 "Reliance partners with Oberoi Hotels to co-manage hospitality ventures")
Gupshup launches domain-specific ACE LLM for customer interactions
Built upon foundation models such as Meta's Llama 2, OpenAI GPT-3.5 Turbo, Mosaic MPT, Flan T-5, and others, ACE LLM has been adapted for specific industries and functions
 "Gupshup launches domain-specific ACE LLM for customer interactions")
From hatchbacks to holidays, consumers ready to loosen purse strings
Consumer goods firms expect 40-50% growth in premium segment; hospitality industry expects heightened activity in coming weeks
 "From hatchbacks to holidays, consumers ready to loosen purse strings")
AB InBev India hits 30% volume growth in H1, expects to maintain it in H2
AB InBev India has reported a 30 per cent increase in sales with gains in some markets in the first half of 2023 and expects the momentum to continue in the second half, its India President said
 "AB InBev India hits 30% volume growth in H1, expects to maintain it in H2")
Delhi HC tells SpiceJet Chief to pay Rs 100 crore to Maran by September 10
The court warned that if Singh fails to do this, the SpiceJet's properties will be attached by the court towards payment of dues
 "Delhi HC tells SpiceJet Chief to pay Rs 100 crore to Maran by September 10")