Page 1335 - Company News

EFC (I) to expand office space capacity 2.5 times to 60,000 desks in FY24

It mentioned that 65 per cent of the company's business comes from institutional clients, while the remaining 35 per cent comprises the retail part

GE signs MoU with HAL to make fighter jet engines for Indian Air Force

The development comes at a time when Indian Prime Minister Narendra Modi is on an official state visit to the United States

L&T and DRDO sign contract to make AIP modules for Indian Navy submarines

Larsen & Toubro said the energy modules will be integrated into the AIP plug that will be retrofitted into the Kalvari submarine

Musk eager to bring Starlink to India, but faces resistance from Ambani

Following a meeting with Indian Prime Minister Narendra Modi in the U.S. on Tuesday, Musk said he was keen to launch Starlink in India which "can be incredibly helpful" in remote villages

Musk eager to bring satellite broadband 'Starlink' to India, Ambani resists

Starlink is at odds with Reliance over the government's distribution of satellite broadband spectrum, setting the stage for a battle between two of the world's richest men for satellite services

NPCI to Meesho: Indian firms in Time's 100 most influential companies 2023

Global companies that found mention in the list were Nvidia, SpaceX, OpenAI, Crocs, Taco Bell, BYD, LVMH, and Lockheed Martin

Microsoft, US regulators head to court over $69 bn Activision Blizzard deal

Microsoft will try to gain clearance to complete a 69 bn takeover of video game maker Activision Blizzard in a legal showdown with U.S. regulators

National Investment & Infrastructure Fund in talks to raise $244 mn

Infrastructure investment trusts, known as InvIT for short, are like mutual funds and allow pooling of assets for financing projects and can help make up the shortfall in investment

Sony-Zee merger to go through, whether I'm CEO or not, says Punit Goenka

Goenka was set to become the merged entity's managing director and CEO, leading a $10 billion TV enterprise

Carlyle to sell its entire 2.53% stake in logistics firm Delhivery

Carlyle plans to sell Delhivery's 1.84 crore shares at a floor price of Rs 385.50 apiece

MRVC invites int'l bids to procure 238 Vande Metro trains for Mumbai

The Mumbai Railway Vikas Corporation (MRVC) has issued an international tender for procurement of 2,856 coaches of Vande Metro trains for Mumbai's suburban network, officials said

Apple engaged in 'coercive' interviews, anti-union tactics: US Judge

Apple illegally subjected employees to coercive interviews and interfered with the distribution of union leaflets at a New York City Apple Store, a U.S. labor board judge ruled

Google hit with $15 mn penalty in US trial over two audio patents

Google spokesperson Jose Castaneda said on Wednesday that the company was disappointed with the verdict and plans to appeal

Sylvester daCunha, creator of Amul's 'utterly butterly' girl, passes away

The Amul girl, with a buttered toast in one hand and a prompt one-liner on her lips, has been a commentator on the zeitgeist for 50 years

Here's why Google's 'Make in India' play has local vendors divided

Some potential suppliers consider the plan unviable for a player like Google

Go First seeks up to $122 mn in additional funds: Banking sources

Go First, the Indian airline under bankruptcy protection, has asked for between $122mn in additional funds from lenders to resume operations in July

Apple illegally interrogated staff about union, rules US labour board judge

The judge wrote that Apple should be required to "cease and desist" from coercively interrogating workers about their legally protected labor activism

Frozen meat exporter HMA Agro Industries IPO subscribed 55% on Day 2

The initial public offer has a fresh issue of up to Rs 150 crore and an offer of sale of up to Rs 330 crore. The price range for the offer is Rs 555-585 a share

Ola commences construction of its 100GWh gigafactory at Tamil Nadu facility

Electric vehicle company Ola on Wednesday said it has commenced construction of its 100 GWh gigafactory at its manufacturing facility in Tamil Nadu

TCS signs $1.1 bn contract with UK's pension scheme Nest for 10 years

The contract, to help Nest transform its administration services, if extended to the entirety of its 18-year tenure would be worth 1.5 billion pounds, TCS said in a statement