Page 1227 - Company News

Uber appoints Arnab Kumar as director of biz development for India, SA

Kumar had previously also served as program director at government think tank NITI Aayog where he contributed to the development of emerging technology initiatives including Aarogya Setu

Infosys ropes in Rafael Nadal as ambassador, match analysis tool in works

This personalised tool will be available in real time to Nadal's coaching team to simultaneously track insights from his live matches, along with historical data from his earlier matches

Hindustan Zinc will ramp up production of zinc to 1.5 mn tonnes: Chairman

Speaking at the company's annual shareholders meeting, she said when the economic history of 21st-century India is written, the turnaround story of Hindustan Zinc will have a chapter of its own

IndiGo taking measures to deal with aircraft on ground situation: CEO

InterGlobe Aviation is the parent of IndiGo, which has more than 63 per cent domestic market share and is also focusing on internationalisation of its operations

SpiceJet: Division bench orders Ajay Singh to pay Rs 100 cr to Maran

Kalanithi Maran claims that SpiceJet owes him Rs 393 crore as of August 3

Tata Power, Zoomcar join hands to push electric vehicle adoption in India

The collaboration aims to promote Tata Power's EZ Charge points on the Zoomcar platform and will focus on supporting existing and aspiring EV owners along with Zoomcar's existing customers

Suzlon bags 31.5-MW wind energy project from Integrum Energy Infrastructure

Renewable energy solution provider Suzlon Group on Thursday announced that it has bagged an order from Integrum Energy Infrastructure for the development of a 31.5-MW wind energy project

Suzlon gets order of 31.5 MW wind power project in Maharashtra, Karnataka

Suzlon will install 15 units of S120 - 140m wind turbine generators (WTGs) with a hybrid lattice tubular (HLT) tower and a rated capacity of 2.1 MW each in Maharashtra and Karnataka

QIA to invest Rs 8,278 cr in Reliance Retail Ventures for 0.99% stake

Retail arm of Reliance Industries valued at pre-money equity value of Rs 8.28 trn

Torrent Pharmaceuticals gets EIR from USFDA for Gujarat's Dahej facility

The Dahej facility manufactures Active Pharmaceutical Ingredients (APIs) and formulations for Torrent Pharma's international markets

RecycleKaro to invest Rs 100 crore to set up Nickel plant in Maharashtra

This venture is aimed at completing the value chain of a circular economy and meeting the surging demand for lithium-ion batteries in India's fast-expanding electric vehicle market, the company said

TVS unveils premium electric crossover TVS X at Rs 2.5 lakh; targets Gen Zs

Bookings for TVS X are open now on company's website and deliveries across 15 cities will start from Nov 2023 in phase-wise, he said, adding the government's FAME incentive is not applicable

Go First lenders approve Rs 100 crore of CIRP cost with 98% vote

The airline stopped flying on May 3 and approached for initiation of the CIRP against it as it was unable to fly due to technical difficulties faced by the non-availability of engines

Muthoot Fincorp Ltd launches all-in-one app for financial services

The application offers a wide range of services including MSME and gold loans along with investment in products like Digital Gold and NCDs

E-commerce firm Meesho aims to digitise 10 mn small businesses by 2027

The company said this would unlock new opportunities for small, medium, and local enterprises with an annual turnover below 40 lakhs, to embrace digital commerce

SRG Housing Finance plans to surpass Rs 1,000 cr AUM in 3-4 next years

The loan disbursement of the company in the entire FY23 stood at Rs 191 crore which the management project to move towards Rs 250 to 300 crore in FY24

Vedanta pledges to pay $250 mn to Zambia creditors before retaking mine

The plan to pay all creditors is "to make sure I win the hearts of the people," billionaire Agarwal said in an interview at Bloomberg's Johannesburg office. "Money will never be a constraint"

Snap restructures India organisation, appoints Pulkit Trivedi as new MD

Under a new operational structure, the growth, market development, partnerships, content and creator ecosystem teams of Snap in India will now report directly to Trivedi

Baring PE to sell 27% stake in Coforge worth Rs 7,400 cr via block deals

Hong Kong-based Baring plans to invest $3 bn in India in the coming months

CCI slaps Rs 55 lakh penalty on ADIA, TPG Group for false declarations

CCI issued a show cause notice in May and observed that Upswing Trust holds a 22.2% stake in UPL Corporation Ltd which is engaged in the business of formulated crop protection products