Page 1307 - Company News

Ambrane expects to almost double revenue to Rs 500 cr by 2025-26

Smart devices and accessories maker Ambrane India expects to almost double its revenue to Rs 500 crore by 2025-26 as it looks to expand both product portfolio and geographic reach

Unseasonal rains made this summer challenging, says Coca-Cola India

Unseasonal rains have made this summer a challenging one for beverages major Coca-Cola India although sales became better as the season progressed, according to Vice President Sundeep Bajoria

Dabur estimates first quarter sales rose over 10% as inflation eases

Demand trends in both urban and rural India improved during the quarter, Dabur said

BSNL on verge of falling under 100-million-subscribers mark soon: Trai data

This year, the Union Cabinet approved the third revival package, allocating Rs 89,047 crores, to help the state-owned telecom operator deploy 4G and 5G services

Drone maker InsideFPV raises Rs 2.75 cr as seed funding to grow biz

Drone manufacturer InsideFPV has raised Rs 2.75 crore in a seed funding round led by Inflection Point Ventures and will utilise the amount for product development, marketing and research

CBRE introduces integrated solutions for project management; hire 400 more

Real estate consultant CBRE India on Thursday said it has introduced an integrated solution, backed by data and latest technology, for project management and will hire around 400 employees this year

Flipkart co-founder Binny Bansal invests $3.5 million in LeverageEdu

LeverageEdu, which facilitates overseas education, closed the financial year 2023 with a revenue of about Rs 110 crore

Indian Oil to invest Rs 54,000 crore in projects including TN refinery

The Indian Oil Corporation Limited (IOCL), Chennai, has committed to invest Rs 54,000 crore in various projects in Tamil Nadu in the next few years

Recent Twitter modifications pose problems for users, say analysts

Some users on microblogging site Twitter are shifting to third-party apps since the company has made verification necessary within 30 days for accessing TweetDeck, a move which industry watchers

Indian Oil, Praj enter JV to advance biofuels production capacity in India

Various biofuels covered under the memorandum of understanding (MoU) include sustainable aviation fuel (SAF), ethanol, compressed biogas (CBG), biodiesel, and bio-bitumen

No urban-rural divide in FMCG sales slump in Q1, shows Bizom data

Overall sales declined 4.6%; unseasonal rains play spoilsport

Toyota Kirloskar Motor hikes vehicle prices by 1% due to rise in input cost

The company, which sells models like Innova Crysta and Fortuner, has realigned the prices of its models with effect from July 5, 2023, TKM said in a statement

Biocon Biologics eyes third of FY24 revenue from emerging markets

BBL, which launched Hulio, a biosimilars version of Abbvie's blockbuster drug Humira, in the US earlier this week, is planning to launch this drug in other countries in the near term

Apparel firm Uniqlo to open its first Mumbai store by October this year

Uniqlo Phoenix Marketcity, Kurla, will be the 11th brick-and-mortar Uniqlo store in India

Zee Entertainment-Sony merger: NCLT sets hearing for June 10

The merger was previously approved by all regulatory bodies and was expected to be completed by September

Phonepe launches point-of-sale systems so vendors can accept card payments

Paytm had been providing all-in-one POS machines to check-out counters across the country, which were earlier only available for bank payments

SMFG India Credit announces appointment of S Subramanian as new COO

SMFG India Credit Co Ltd (formerly Fullerton India Credit Co Ltd) on Thursday announced the appointment of Swaminathan Subramanian as Chief Operating Officer (COO).

Bajaj-Triumph, Hero-Harley entry shifts premium bike race into top gear

Royal Enfield is also the undisputed leader in the 250cc-350cc segment, virtually owning the market at a whopping 94 per cent share

EKA Mobility bags order for 57 supply of electric buses from MBMC

According to the company, the deployment of these 57 electric buses is expected to save 33,704 tonnes of CO2 emission in comparison to diesel buses and is equivalent to planting 1,02,134 trees

Wave Group to invest Rs 10 cr on AI tech in 4,200 acre township in Gzb

Realty firm Wave Group on Thursday said it will invest Rs 10 crore on artificial intelligence technology (AI) to improve security features and other amenities