Page 1333 - Company News
Despite slowdown in PC business, gaming segment continues to be robust: HP
HP's high end gaming PC OMEN Transcend 16 Laptop will be available at a starting price of Rs 1,59,999
 "Despite slowdown in PC business, gaming segment continues to be robust: HP")
Google backs creation of cybersecurity clinics with $20 mn donation: Pichai
Pichai said the new initiative addresses both the rising number of cyberattacks up 38 per cent globally in 2022 and the lack of candidates trained to stop them
 "Google backs creation of cybersecurity clinics with $20 mn donation: Pichai")
Google's advertising tech in peril as EU joins US's breakup bandwagon
The US agency alleges that Google's dominance over advertising technology allows it to keep at least $0.30 out of every dollar advertisers spend through its online advertising tools
 "Google's advertising tech in peril as EU joins US's breakup bandwagon")
PE firm Carlyle offloads its entire stake in Delhivery for Rs 709 cr
US-based private equity firm Carlyle on Thursday offloaded its entire 2.53 per cent stake in supply chain company Delhivery for Rs 709 crore through open market transactions
 "PE firm Carlyle offloads its entire stake in Delhivery for Rs 709 cr")
Group backed by Vikram Solar to invest $1.5 bn in new US factories
The announcement is the latest by an overseas manufacturer seeking to capitalize on incentives in President Joe Biden's landmark climate change law, the Inflation Reduction Act (IRA)
 "Group backed by Vikram Solar to invest $1.5 bn in new US factories")
Vedanta Limited says not selling copper plant at Thoothukudi, Tamil Nadu
As the country has become a net importer of copper, there has been a growing demand to restart its operations, Vedanta Ltd said
 "Vedanta Limited says not selling copper plant at Thoothukudi, Tamil Nadu")
Chennai-based Kauvery Hospitals acquires Fortis Hospital in Vadapalani
With the acquisition of Vadapalani facility with over 200 beds, Kauvery would have over 750 beds in Chennai together with its existing facilities at Alwarpet and Radial Road
 "Chennai-based Kauvery Hospitals acquires Fortis Hospital in Vadapalani")
VFS Global with Radisson Hotel in India to operate UK application centres
This partnership will provide customers residing in and around Punjab and Noida with four new location options
 "VFS Global with Radisson Hotel in India to operate UK application centres")
RBI asks PTC Indian Financial Services' CEO Pawan Singh to go on leave
Mahendra Lodha appointed to take over his responsibilities
 "RBI asks PTC Indian Financial Services' CEO Pawan Singh to go on leave")
Tata Power to sell some overseas assets, may raise up to Rs 2.5K crore
According to sources, the company is in talks to sell its stake in its joint venture Baramulti Suksessarana coal mine in Indonesia this current year
 "Tata Power to sell some overseas assets, may raise up to Rs 2.5K crore")
Paytm inks MoU with Arunachal Pradesh for creating startup ecosystem
The MoU was signed at the Arunachal Pradesh Innovation & Investment Park, the first state-owned marquee incubator here in the presence of its CEO Tabe Haidar
 "Paytm inks MoU with Arunachal Pradesh for creating startup ecosystem")
Wipro opens new office in Cape Town, deepens presence in South Africa
Africa is one of the six focus regions that comprise Wipro's APMEA Strategic Market Unit
 "Wipro opens new office in Cape Town, deepens presence in South Africa")
Nova IVF Fertility expands footprint with acquisition of WINGS IVF
WINGS IVF was launched in 2014 and since then has established its centres in Gujarat, Rajasthan, Bihar, and Delhi
 "Nova IVF Fertility expands footprint with acquisition of WINGS IVF")
Infosys to provide certification in AI, generative AI skills on Springboard
Infosys will provide certification in AI and Generative AI skills, crucial for landing jobs, through Infosys Springboard Virtual Learning Platform
 "Infosys to provide certification in AI, generative AI skills on Springboard")
ONGC links Panna oilfield field via sub-sea pipeline, saves $43,000 per day
Panna field, which is part of ONGC's Bassein & Satellite (B&S) asset of western offshore, produces 9,600 barrels of oil per day
 "ONGC links Panna oilfield field via sub-sea pipeline, saves $43,000 per day")
OTS slows down recoveries from retail portfolios for ARCs to 35%: Report
The agency, however, made it clear that the new rules will not impact the quantum of recovery, but there shall be a delay in the timelines to recovery by three to four quarters
 "OTS slows down recoveries from retail portfolios for ARCs to 35%: Report")
Troubles mount for Byju's, auditor Deloitte resigns over financial results
Separately, three board members reportedly resign but the company denies this
 "Troubles mount for Byju's, auditor Deloitte resigns over financial results")
Ashrai Infra to invest Rs 1,284 cr to develop project in Greater Noida
The company has launched the project 'Golden Grande' which will have office space as well as high-street retail
 "Ashrai Infra to invest Rs 1,284 cr to develop project in Greater Noida")
Manipal Technologies partners with Indian Bank to offer banking products
The partnership aims to build a sustainable network of corporate business correspondents (CBCs) that will enhance the availability,
 "Manipal Technologies partners with Indian Bank to offer banking products")
Applied Materials to invest $400 mn in India for new engineering center
Indian Prime Minister Narendra Modi had met with the company's CEO Gary Dickerson in Washington on Wednesday and invited Applied to strengthen the chip industry in the country
 "Applied Materials to invest $400 mn in India for new engineering center")