Page 1289 - Company News

Usha Martin arm Espana incorporates wholly owned subsidiary in Spain

Usha Martin International Limited (UMIL) has incorporated a wholly-owned subsidiary, Usha Martin Espana, SL, in Spain.

Apple iPhone exports hit top gear, touch Rs 20,000 crore in first quarter

This is half of what it exported in the entire FY23

Govt floats tender to set up 450,000 tonne green hydrogen facility

Solar Energy Corporation of India (SECI) has floated a tender for setting up a production facility of 4.5 lakh tonne of green hydrogen in India under the Strategic Interventions scheme

Lupin gets USFDA establishment inspection report for Pithampur facility

Drug firm Lupin on Tuesday said it has received an Establishment Inspection Report from the US health regulator for its Pithampur Unit-2 manufacturing facility.

Temasek Holdings Pte posts worst return in 7 years as markets slump

Temasek's Chief Executive Officer Dilhan Pillay highlighted risks ranging from economic decoupling to protectionism and costs tied to energy security and transition

Fresh legal battle brews between Dish TV and lenders on board recast

Lenders, who own a majority stake in the company, have called for removal of the existing two-member board of S Aggarwal and Rashmi Aggarwal

Carbon maker PCBL Q1 consolidated net profit down 15% to Rs 109 crore

Carbon maker PCBL Ltd's consolidated net profit for the first quarter ended June 2023 of the current fiscal was down 15 per cent to Rs 109 crore

DGCA puts SpiceJet under 'enhanced surveillance'; airline refutes reports

Aviation watchdog DGCA has put SpiceJet under "enhanced surveillance" amid the budget airline facing multiple financial headwinds in recent months, a senior official said on Tuesday

South Eastern Coalfields plans Rs 1,218 cr investment for solar projects

As part of its net zero commitments, Chhattisgarh-based mining company SECL has lined up an investment of Rs 1,218 crore spread up to financial year 2025-26 for setting up solar projects

Share of top-end cars in Mercedes' India sales nearly 2x in 5 years

One in four cars sold by Mercedes in India in H1 2023 is priced above Rs 1.5 cr

Fictiv formalises investment in India as its third manufacturing hub

Digital manufacturing company Fictiv, backed by billionaire investor Bill Gates and tech-cum-manufacturing major Honeywell Tuesday announced the opening of its India-based headquarters in Bengaluru

Parineeti-backed Clensta raises Rs 75 cr from TradeCred, UAE Royal Family

Personal care startup Clensta International has raised Rs 75 crore in a funding round led by TradeCred and the Royal Family from UAE, the company said on Tuesday

DGCA analysing special audit report of cash-strapped Go First: Official

The Directorate General of Civil Aviation (DGCA) is analysing the report of the special audit of grounded Go First, which is undergoing insolvency resolution process, a senior official said on Tuesday

Johnson Controls launches tech centre in Bengaluru, will step up hiring

Company for smart and sustainable buildings will help clients achieve net zero carbon emissions

ASUS bets on gaming, premium products to increase market share in India

India's PC market, which includes desktops, notebooks, and workstations, dipped 30.1% YoY to 2.99 million shipments in Q1 of calendar year 2023

ITC CMD Sanjiv Puri's total salary rose 53% to Rs 16.31 crore in FY23

The total remuneration of ITC Chairman and Managing Director Sanjiv Puri was increased 53.08 per cent to Rs 16.31 crore for financial year 2022-23

Global spending on Covid predicted to touch $500 bn by 2027: Dr Reddy's

Global spending on Covid-19 is expected to touch $500 billion by 2027, pharma major Dr Reddy's Laboratories has said in its latest annual report

CoinDCX appoints Rajnish Vedi as the new head of customer experience

Rajnish Vedi will work towards improving the net promoter score (NPS) and customer satisfaction score (CSAT) by building seamless customer journeys, and transparent customer communication

ITC board recommends second term for Sanjiv Puri as company's CMD

The board of ITC Limited has recommended the reappointment of Sanjiv Puri as the company's chairman and managing director for a second term of five years

Co-working operator 315Work Avenue gives on lease 400 desks in Bengaluru

Co-working operator 315Work Avenue has given on lease 400 desks to a fintech company at its centre in Bengaluru