Page 1315 - Company News

Torrent begins pilot project for blending green hydrogen with natural gas

The pilot project underway in Gorakhpur, Uttar Pradesh, is expected to complete in 8 months, the company said in a statement

Delhi HC rules in favour of Nokia in patent infringement case against Oppo

Nokia claims that Oppo is the world's second-largest manufacturer of smartphones having overtaken Apple and Oppo's sales in India account for around 23 per cent of its global sales

Tube Investments forays into small commercial electric vehicle segment

Signs deal to acquire 50% stake in Jayem Auto

IIHL to raise $1.5 bn to fund RCap buy, increase holding in IndusInd Bank

Referring to Reliance Capital's acquisition, IIHL said the administrator of the company had issued the duly signed letter of intent

APSEZ cargo handling grows by 11.5% to 101.4 MMT in April-June FY24

"Growth has been observed across most ports and all three broad cargo segments -- container over 19 per cent, liquids & gas 8 per cent, and dry bulk 7 per cent," it said

Work on Micron Technologies' unit to start in 45 days: Ashwini Vaishnaw

One new 5G tower going live every minute, 270,000 5G radios installed, says minister

Hero MotoCorp rides in with 'most affordable' Harley at Rs 2.3 lakh

Pawan Munjal, Executive Chairman, Hero MotoCorp, told reporters, "Right now, focus clearly is on Harley-Davidson X440 for Indian consumer and for the Indian market. We are going one step at a time"

Zee, IndusInd settle dues; NCLAT disposes of NCLT insolvency order

The appellate tribunal also told both parties to pay their dues to the Interim Resolution Professional

IndusInd holding co to raise $1.5 bn to fund RCap buy, increase stake

It can be noted that on June 29, the lenders to the crippled Reliance Capital accepted the revised Rs 9,661 crore bid by IndusInd Bank

Bank of Maharashtra clocks credit growth of 25% at Rs 1.75 trn in June

The outstanding credit was Rs 1.40 lakh crore at the end of June 30, 2022, BoM said in a regulatory filing

Microchip Technology to invest $300 million to expand India operations

For starts, opens R&D unit in Hyderabad on 168,000 sq ft with capacity to house 1,000 employees

Sluggish demand in international markets impacts orthodox tea exports

Higher output adds to industry's woes; Major buyer Iran is not operating at the level it normally does

IIHL approves capital raising of up to $1.5 bn for strategic objectives

IIHL is likely to be listed by 2024 which would give trading options to its shareholders who have been with the company for over three decades

Cos operating in India must abide by local regulations: Paytm Founder

"I don't foresee why tech cos that have access to Indian citizen (data) won't want to abide by rules and regulation of this country," Sharma said on the sidelines of 'Startup20 Shikhar' event

Murugappa Group posts 24% rise in net profit to Rs 6,846 crore in 2022-23

The group registered a growth of 35.8 per cent in turnover during the year to Rs 74,220 crore compared to Rs 54,648 crore in 2021-22

Kyndryl aims to grow consulting business to 15% of top line by 2025

Kyndryl Consult was established as a separate unit in November last year which combines Kyndryl's consulting expertise with its technology integration solutions

Air India reports steepest on-time performance fall in June, shows data

Air India's OTP nosedived especially during June 11-15 when its average daily OTP fell below 50 per cent

Jindal Steel, PNB to migrate to MF large-cap basket: Analyst report

MF industry's stock reclassification to also see entry of Canara Bank and IDBI Bank into largecap space

Investcorp makes addl Rs 500 crore investment in NDR Warehousing

This is the second investment that the fund has made into the warehouse development and operating platform. It had invested $55 mn last year, the fund said in a statement Monday

Hero Realty sells 77 plots in Gurugram project for Rs 180 cr in single day

The company has formed a separate vertical 'Hero Earth' for undertaking plotted development projects across major cities in North India