Page 1290 - Company News

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

Dukaan lays off 90% staff for AI bot: It's absolutely necessary, says CEO

E-commerce startup Dukaan has replaced 90% of its customer support team with an artificial intelligence (AI) chatbot, founder and CEO Suumit Shah informed on Tuesday

Air India Express flight delayed by 13 hours at Mangaluru airport

An Air India Express flight to Dubai which could not take off from the Mangaluru International Airport (MIA) on Monday due to a technical snag, finally departed on Tuesday afternoon

Adani-Hindenburg row: Supreme Court asks Sebi about status of probe

'Your investigation has to be concluded because we had extended time till August 14,' the bench said during the hearing

ITC's FMCG biz records 21% rise in annual consumer spend at Rs 29,000 cr

Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to nearly Rs 29,000 crore in 2022-23, according to the latest annual report of the company.

Sebi issues demand notices to 11 entities in Religare Enterprises case

Capital markets regulator Sebi has issued notices to seven entities asking them to pay Rs 4.3 crore within 15 days in a case concerning diversion of funds of Religare Finvest

Spark Minda receives Rs 750-cr EV battery charger order from leading OEM

The product will be manufactured at Spark Minda's state-of-the-art facility, Spark Minda Green Mobility Systems Private Limited, in Pune

White collar hiring dips 3% on cautious recruiter sentiments: Report

White collar jobs witnessed a 3 per cent annual decline in June due to cautious recruiter sentiments in sectors including IT, BFSI, manufacturing, according to leading talent platform foundit

Govt orders inspection of Byju's account books following turmoil: Reports

The Ministry of Corporate Affairs has sought a report in six weeks, said the people, asking not to be named as the information isn't public

Credsquare Technologies to set up R&D hub in Goa; eyes Rs 600 cr funding

Credsquare Technologies Private Limited, a Bengaluru-based artificial intelligence company, on Tuesday, said it plans to set up a Research and Development hub in Goa

Jalan-Kalrock's plan for Jet Airways unworkable, lenders tell Supreme Court

The lenders have filed a challenge to the NCLAT order of May 26 which granted the Jalan-Kalrock consortium three-and-a-half months more to make payments

Dr Reddy's to enhance presence in emerging segments like nutraceuticals

In its Annual Report for 2022-23, the Hyderabad-based drug major informed the shareholders that it also intends to follow a disciplined approach towards cash management and acquisitions

Tata group closes in on deal to become India's first iPhone manufacturer

Tata group is in talks to acquire Wistron's factory in Karnataka, which is potentially valued at over $600 million and employs over 10,000 workers

Godrej Aerospace in talks to build aircraft parts for Airbus, Boeing

The company expects its civil aviation business to clock revenues of Rs 100 crore in the current fiscal year, making up 35 per cent of Godrej's total revenues

Foxconn to apply for India chipmaking incentives after $19.5 bn JV pullout

"Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem," the company said

US Navy ship Salvor arrives at L&T Kattupalli shipyard for repairs

Rescue and salvage ship USNS Salvor reached the Larsen and Toubro's Kattupalli Shipyard near Chennai after the signing of the five-year Master Ship Repair Agreement (MSRA) between the US Navy and L&T

Minda Corporation bags Rs 750 cr order to produce EV battery chargers

The product will be manufactured at wholly-owned subsidiary Spark Minda Green Mobility Systems' facility at Pune, Minda Corporation said in a regulatory filing

Suzlon Group bags 47.6 MW wind energy project in Gujarat from KP Group

The project is located at Vagra in Bharuch district in Gujarat and is expected to be commissioned in 2024, a company statement said

Narayana to buy stake of Morgan Stanley, BanyanTree in Nspira at Rs 1.4k cr

Morgan Stanley PE and BanyanTree currently hold a 20 per cent stake in Narayana's group firm Nspira Management Services

Wadia Group in talks with investors to jointly bid for Go First: Report

The group wants to hedge its bets in the aviation sector and thus wants to partner with a financial investor while holding a majority stake