Page 1287 - Company News

TCS Q1 net profit beats Street, revenue growth misses the estimate

Attrition drops to 17.8% from a high of 21% in March quarter

Maruti Suzuki launches CNG trim of compact SUV Fronx at Rs 8.41 lakh

Maruti Suzuki India (MSI) on Wednesday said it has launched a CNG trim of its compact SUV Fronx with price starting at Rs 8.41 lakh (ex-showroom)

Volvo Car's sales in India increased by 33% in January-June period

Volvo Car India on Wednesday said its sales grew 33 per cent year-on-year to 1,089 units in the January-June period

Adani aims to close planned $4 bn fundraising by end-December: Report

The Adani Group is aiming to close the fundraising before end 2023, said the source, who declined to be named as the discussions are private

On track to achieve over 25% of total sales from EVs this fiscal: MG Motor

On Wednesday, the automaker introduced a top end variant of its electric SUV ZS EV equipped with level two autonomous driving technology priced at Rs 27.89 lakh for a limited period

Will continue investments in India, invested $35 bn till date: Anil Agarwal

Foxconn withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate earlier this week

Future Enterprises receives EOIs from Jindal, Reliance Retail, GBTL

National Company Law Tribunal had ordered an insolvency resolution process against Future Enterprises in March

Glida plans to set up 3,000 EV charging points pan-India by March 2025

Firm currently has 450 charging points in 15 states, most of which are in Delhi NCR and Hyderabad; 1,000 charging points to come up by end of FY24

Google veteran Urs Hölzle steps down as manager in cloud shakeup: Report

Urs Hölzle joined the company, now the key unit of parent Alphabet Inc., in 1999 as its eighth employee, and will now transition into a role as a Google Fellow, the company said

Sterlite Power bags new orders worth Rs 1,400 cr in March quarter

Major orders secured during the January-March quarter are for upgrading transmission projects and supply of high-performance products

Reliance Retail among three prospective buyers for Future Enterprises

The resolution professional of Future Enterprises Ltd (FEL) has finalised a provisional list of three Prospective Resolution Applicants (PRA), an exchange filing from the debt-ridden company said

Hinduja Group dials lenders to raise $1 bn for Reliance Capital acquisition

The lenders that the Hinduja Group has reached out to include names like Farallon Capital, Oaktree, Ares Asia, and Cerberus

Quadria Capital to invest up to $155 mn in Maxivision Eye Hospital

Maxivision offers eye care services to over five million patients in 42 centres across six states in southern and western India

BFSI, tech clients spending more on cost-optimisation deals: Wipro chairman

Macroeconomic environment remains challenging, impacting client spending: Rishad Premji

Wipro to invest $1 bn in AI over 3 years, launches new platform for tech

Company says Wipro ai360 will help improve value, productivity, commercial opportunities

KPMG set to invest $2 billion in AI as part of Microsoft partnership

KPMG will incorporate AI into its core audit, tax and advisory services for clients as part of the five-year partnership. This move is in response to a slowdown in advisory deals

Disney searching options for Star: A history of its investments in India

With the acquisition of Star India in 2019, Disney became India's biggest television broadcaster. But now it is looking for strategic options for the biz

IT giant Wipro plans to invest $1 billion in AI over next three years

The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing

Disney exploring strategic options for its India biz including JV, and sale

The company has talked to at least one bank about ways to help the India business grow, while sharing some of the costs, according to the report

Foxconn in talks for 2 fab plants as Vedanta joint venture fails

It could bring in a Taiwanese fab firm in a JV