Page 1280 - Company News

Moody's downgrades Azure Power Energy and Azure Power Solar Energy

The one-notch downgrade of APE's and APSEP's debt ratings has been driven by governance issues related to internal controls and compliance

Nirma, Sekhmet Pharmaventures vie for $731 mn Glenmark Life stake: Reports

Suitors have entered final round of bidding for stake of about 83% in Mumbai-listed company held by Glenmark Pharmaceuticals Ltd., said people, who asked not to be identified as information is private

Musk still owes us $1.6 mn for legal bills: Ex-Twitter executives

The group - led by ex-Twitter Chief Executive Officer Parag Agrawal - says the legal bills accrued in connection with lawsuits and government probes of the company's activities while they ran it

Android mobile device case: SC to hear pleas of Google, CCI on October 10

A bench comprising Chief Justice D Y Chandrachud and Justices P S Narasimha and Manoj Misra took up the appeals and said it wanted some time to get ready with the case

Tata Power 750,000 Mumbai customers to pay lower tarrif after APLTEL order

This tariff is 25-35 per cent lower than the existing one and will be for the benefit of the consumers, according to the company

Foxconn in talks with TSMC, TMH group to make chips in India: Report

Foxconn, with the two companies, is expected to make both advanced as well as legacy chips in India

Foxconn's change of heart on semiconductor factory a warning to India

Even if the government's targets for export growth are met, we will still be some distance behind smaller countries such as Vietnam

Finance ministry not considering tax waivers for Tesla: Revenue Secy

Last month, Tesla CEO Elon Musk said Indian Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in the country, adding that such an announcement was expected soon

Sebi extends time to July 25 to auction 61 properties of Saradha Group

Capital markets regulator Sebi on Thursday said it has extended the time to July 25 to auction 61 properties of Saradha Group, which illegally mobilised money from investors

Xiaomi in talks with Dixon Technologies, others for India-made phones

Export to West Asia soon; move comes after govt's localisation push

Jubilant FoodWorks to invest Rs 750 cr in FY23 towards capital expenditure

Jubilant FoodWorks, which operates the Domino's Pizza brand in India, plans to invest Rs 750 cr towards capital expenditure this fiscal to be spent for opening around 220 outlets and others

Paytm signs MoU with Goa for electricity, water, municipal tax payments

One97 Communications Limited, the owner of Paytm, on Thursday announced the signing of a memorandum of understanding with the Goa government to facilitate digital payments, a senior official said

PepsiCo sees high single-digit organic revenue growth in June quarter

Volumes declined in foods and it reporte low-single digit growth in beverages

Stricter disclosure norms to take effect from Saturday: Sebi circular

The timelines granted by Sebi for most disclosures range between 12 hours and 24 hours

India Finance Minister not considering tax waivers for Tesla: Official

India's finance ministry is not considering any duty waivers for U.S. automaker Tesla Inc, Revenue Secretary Sanjay Malhotra told Reuters on Thursday

Results preview: OMCs to ride the low crude oil gravy train in Q1

City gas firms will see profits rise due to capped domestic prices, say analysts

Fintech firm Enkash launches automated financial solution Olympus

The company said businesses can onboard themselves with a two-step process 'without disrupting their accounting, policies, processes & banking relationships'

DPIIT appoints nodal officers to help MSME, retailers onboard ONDC

The official said that the nodal officers in every state would drive dedicated and customised programs for startups, MSMEs, retailers and state bodies to take advantage of the network

Akasa Air flies past SpiceJet for the first time in domestic traffic

IndiGo, the country's largest airline, saw its domestic market share jump from 61.4 per cent in May to 63.2 per cent in June, according to the DGCA data

Kia India crosses 1mn production mark; to start bookings for new Seltos

Kia India on Thursday said it has crossed the 1 million production milestone since making its debut in the market in 2019