Page 1289 - Company News

Byju's sends legal notice to Aakash founders demanding share transfer

Education technology startup Think and Learn Pvt Ltd, which operates under brand name Byju's, has sent a legal notice to founders of Aakash Educational Services

Govt orders firm linked to Cameroon cough syrup deaths to stop production

The move comes as Indian regulators step up inspections at drugmakers after cough syrups made in the country were linked to the deaths of dozens of children overseas, denting India's image as the "pha

Franklin Templeton MF says returned over Rs 27,000 crore to investors

Franklin Templeton Mutual Fund (MF) on Tuesday said it has returned over Rs 27,000 crore to unit holders of six shuttered debt schemes till date

Juniper Green Energy crosses 1.2GW of renewable energy generating capacity

Renewable energy producer Juniper Green Energy on Tuesday said it has crossed 1.2GW of renewable energy generating capacity

Roastea eyes Rs 100 cr in topline, to install 5,000 vending machines

Beverage startup, Roastea is eying Rs 100 crore turnover and 5,000 vending machines network by 2024-25

Meta prepares AI-powered chatbots in attempt to retain users: Report

The report comes as Meta executives are focusing on boosting retention on its new text-based app Threads, after the app lost more than half of its users in the weeks following its launch on July 5

Amazon to invest $7.2 bln in Israel, launches AWS cloud service in region

Amazon's cloud services in the region will allow the country's government to run applications and store data in data centers located in Israel

Prosus to sell part of PayU to Rapyd for $610 mn, retain India business

Prosus-backed PayU to focus on the large payments and fintech in India

Akasa Air adds 20th aircraft to its fleet; now eligible for int'l ops

Akasa Air on Tuesday said it has added the 20th aircraft to its fleet that also makes the airline eligible to start international operations.

Puneet Chandok appointed corporate VP of Microsoft India and South Asia

Effective September 1, 2023, Chandok will assume the operational responsibilities from Anant Maheshwari, Microsoft said in a release

62% corporate employees get salary hikes, small cities do better: Study

19% executives in leadership positions receive increments in the 5-10 per cent range

KredX to disburse Rs 2,000 cr in working capital for MSME sector

Tier-two cities expected to have 35% growth in demand for such financing compared to last year, says firm

Coal India embarks on overseas acquisition of critical mineral assets

The company has recently amended its Memorandum of Association (MoA) to include non-ferrous and critical minerals, indicating its commitment to expand its presence in new sectors

Aditya Birla Group expands its portfolio, adds four restaurant brands

Aditya Birla New Age Hospitality (ABNAH) has added four restaurant brands, namely Hakkasan, Yauatcha, Nara Thai, and CinCin to its portfolio

ED raids Hero MotoCorp Chairman Munjal's residence; PMLA case registered

The DRI had recently apprehended a close aide of Pawan Munjal in possession of undeclared foreign currency

Bajaj Auto July sales: Total sales down 10% YoY, 2W sales dip 14%

2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023

Franklin Templeton planning to enter private credit industry in India

The firm will soon file with the Securities and Exchange Board of India for a license for a category II Alternative Investment Fund, which will allow it to begin preparing for the private credit fund

Foxconn EV venture targeting India or Thailand for new small car plant

The Taiwanese company's EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below $20,000

Reliance partners with Brookfield for Australia's renewable energy push

Brookfield Asset Management said in March it will invest A$20 billion and A$30 billion over the next ten years in Australia along with it partners in renewable energy projects

Amazon meets Urban Company: EESL to set up energy-efficiency marketplace

This would be a first of its kind marketplace which Kapoor said would be completely IT integrated and allow mega scale projects to get fast track approval