Page 1324 - Company News

Adani Ent jumps over 5% as most groups cos settle in positive territory

Majority of the Adani Group stocks ended in the positive territory, with Adani Enterprises climbing over 5%, after US-based GQG Partners and other investors bought close to $1 billion stakes

Tata Motors' permanent employee strength rises after three years: Report

Permanent employee strength rose by 11.14 per cent in FY23 to 81,811

Focused on margin expansion to become profitable cement manufacturer: ACC

Adani group firm ACC Ltd is making remarkable strides in its ambitious endeavour to double capacities and is also focused on margin expansion to become the most profitable

VC firm Omnivore announces first close of third fund at $150 million

Omnivore Agritech and Climate Sustainability Fund, launched last April, will focus on startups developing breakthrough tech for agriculture, food, climate, and rural economy

22 companies place 35 bids for 18 coal blocks in commercial mining auction

Around 22 companies, including state-owned NTPC and NLC India and private player JSPL, have placed bids in the seventh round of coal auctions under which 103 blocks were put on offer

Expect commercial vehicle industry to grow by 8-10%: Ashok Leyand

Ashok Leyland expects the domestic commercial vehicle industry to grow by 8-10% this fiscal aided by record govt spending on infrastructure projects and strong replacement demand

In a first: Mahindra & Mahindra receives PLI eligibility certificate

Tata Motors files application for flagship Tiago EV

Senco Gold's Rs 405 cr-IPO to open for public subscription on July 4

The Rs 405 crore-initial share sale of jewellery retail player Senco Gold Ltd will open for public subscription on July 4.

RTP Global closes $1bn fund, will make third of investments in India

Fund will invest in sectors that include artificial intelligence, enterprise software, fintech

Meta announces a fund for Indian startups building XR apps

Up to five Indian developers 18 years or more, and startups will receive a financial grant, along with dedicated mentoring and guidance from the Meta Reality Labs experts

Maps to healthcare: Google announces AI tools for Indian developers

Company will give access its speech data comprising over 4,000 hours across 38 languages

Travel fintech firm Scapia raises $9 mn for operations, tech capability

Start-up converts customers' everyday expenses into travel rewards stored in a co-branded card

Knight Frank: Offices top realty sector, corner 68% of PE funds in H1 2023

Mumbai gets lion's share at 48%, followed by NCR (32%), Bengaluru (13%); three-fourth of investments came from Asia even as overall investments in Indian realty dip 20%

Venture capital Omnivore announces first close of 3rd fund at $150 mn

The Omnivore Agritech & Climate Sustainability Fund was launched in April 2022 with a focus on startups developing breakthrough technologies for agriculture, food, climate and the rural economy

Amazon Prime Day 2023 starts on July 15: Check offers on TV, phones, others

Prime Day deals are limited to customers who have bought Amazon's paid Prime subscription

BYD India partners Bajaj Finance for dealer finance, vehicle loans

The strategic partnership aims to provide comprehensive vehicle financing solutions to BYD dealers and customers across India, fostering the widespread adoption of electric vehicles in the country

OYO to add over 1,000 hotels by Dec, to target 100 first gen hoteliers

The company is also offering financial assistance to facilitate expansion in new markets. It has already extended support worth Rs 10 crore, it added

Tata AIA allows consumers to pay premiums through Whatsapp and UPI

Tata AIA has partnered with WhatsApp and PayU to make payments through Unified Payment Interfaces (UPIs) for their consumers more efficient

German supplier Schaeffler ramps up capacity at Savli plant in Gujarat

Schaeffler India, however, neither shared the investment made in ramping up capacity nor the number of employees at the Savli plant.

SAT stays Sebi's order restraining IIFL Securities from taking new clients

The order came after IIFL Securities, earlier known as India Infoline Ltd, filed an appeal against the order passed by the Securities and Exchange Board of India (Sebi)