Page 1230 - Company News

Chip equipment maker Lam Research to invest under local manufacturing sops

Based in Fremont, California, Lam Research supplies wafer fabrication equipment and solutions for active components used in semiconductor wiring and wafer cleaning

SoftBank sells a part of its stake in IPO-bound FirstCry for Rs 435 crore

Three Indian family investment offices have reportedly picked up stakes in the SoftBank-backed e-commerce firm

Shares of Ambani's $20 bn Jio Financial Services set to debut in Mumbai

Jio Financial, which as yet boasts of little revenue but owns a 6.1% stake in Reliance, has already announced a partnership with BlackRock Inc. to set up an Indian asset management venture

Tata Sons seek partnerships for UK battery plant to supply JLR EVs

The collaborations for the battery plant, capable of supplying cells for at least 500,000 vehicles a year, could range from a joint venture and sharing of knowledge to experimentation

Expleo to double workforce in India, hire 5,000 people in 2.5 years: MD

Expleo Solutions CEO and MD Balaji Viswanathan, who heads India business, told PTI that the company sees growth primarily on account of expansion of business in the US

Beyond just optics: why brands find custom typefaces significant?

The announcement of Air India's new font and logotype as a part of its rebranding exercise has received mixed reactions on social media

Sterlite Copper keeps all doors open for the Thoothukudi plant restart

Sterlite Copper has received 125 bids for the two sets of EoIs it recently floated for contract works

Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city

The two new transmission lines comprise the 84 ckm Kharghar (in Navi Mumbai) Vikhroli line in the northeastern suburb of the megalopolis and the Thane-Aarey Colony line.

Sebi's new disclosure rule escalates rift at Bengaluru-based TD Power

In a letter to Sebi, Vijay Kirloskar accuses co of inadequate disclosure of shareholder pact

Ather Energy to make net profit in 24 months, plans to raise more funds

The company is raising funds to help set up a new factory and strengthen R&D

Hikal appoints Berjis Desai, Ramachandra Vinnakot as independent directors

Pharmaceuticals and crop protection firm Hikal on Sunday said it has appointed Berjis Minoo Desai and Ramachandra Kaundinya Vinnakota as additional directors to its Board.

Trials for Coal India's in-house e-auction platform successful: Officials

A total of seven trial auctions involving nearly 18 million tonnes of coal have been conducted, they said

Raymond Group's Singhania takes on Maserati on safety, performance

Singhania also criticised the carmaker for failing to return his representatives' calls for over a week, questioning the level of customer service provided

Murugappa Group resolves longstanding family dispute, strikes deal

Necessary transactions to take place within the next 90 days; no impact on listed entities

Kinara Capital to provide Rs 1,100 cr to MSMEs in Tamil Nadu this fiscal

According to Chief Operating Officer Thirunavukkarasu R, the company disbursed more than Rs 656 crore in Tamil Nadu and Puducherry in FY2023

With margins back to pre-Covid level, Hero Moto targets enhanced mkt share

The company is also on track to introduce its electric vehicle range in 100 cities by this year-end with a focus on attaining clear leadership in the vertical

ONGC Videsh secures 3-yr extension for Vietnam oil block in South China Sea

The firm had in a proposal to regulator PVN sought a three-year extension of the exploration phase-1

Unacademy's sacked teacher says firm acted under social media pressure

"You directly sent me a termination notice," Sangwan said, adding that to hide the pressure, Unacademy used the term "code of conduct" without defining a political statement

GQG Partners acquires 0.1% stake in Adani Ports, total holding now at 5.03%

The investment comes after Deloitte quit as auditor for Adani Ports, in the first such move after U.S. short-seller Hindenburg Research's critical report on the Adani group

Titan buys additional 27.1% stake in CaratLane for Rs 4,621 crore

Upon completion of the deal, Titan will hold 98.28 per cent of equity in CaratLane-a private company engaged in the manufacture and sale of jewellery