Page 1347 - Company News

Reliance in talks with lenders for $2 billion loan to fuel expansion

Ambani is raising funds as he continues to build out the telecoms and consumer-facing arms of an empire based on a bedrock of crude-oil refining

Godrej Properties to buy land for a luxury residential project in Kolkata

The project will have a developable potential of approximately 9.8 lakh square feet with an estimated revenue potential of nearly Rs 1,200 crore

Titagarh Rail Systems-Bhel consortium bags contract from Indian Railways

TRSL, Bhel consortium inks a contract with Indian Railways for manufacturing 80 Vande Bharat sleeper train sets by 2029

Supertech to raise Rs 1,600 cr by July to complete 18 projects: Chairman

Realty firm Supertech Ltd plans to raise around Rs 1,600 crore from institutional investors by July to complete its 18 ongoing housing projects across Delhi-NCR, its Chairman RK Arora said

IndiGo gains from Go First grounding, logs highest ever market in May

Go First flew 48,000 passengers in the first two days of May before halting operations

Corporate affairs ministry orders investigation into Hero MotoCorp

Shares of Hero were down as much as 4.2% in Thursday afternoon trade

Ashok Leyland, Aidrivers to make autonomous truck model for port operations

Companies says first such electric platform in country will help port industry in zero emission

Hindustan Power Exchange crosses 5 bn units trade in 11 months of launch

A large part of this volume is attributed to the LDCs which were introduced on the HPX platform in February

Indian firms spent Rs 370 cr avg on public cloud in last 12 months: Report

As cloud-native environments scale, enterprises are looking to base their cloud strategies on cloud-native technologies rather than viewing them as separate plans

No immediate relief to Zee promoters as SAT refuses to stay Sebi order

Tribunal asks markets regulator to file reply within 48 hour, posts matter for June 19

Videotex aims for Rs 500 cr in revenue by March 2024; to expand production

Consumer electronics contract manufacturer Videotex on Thursday said it aims to achieve Rs 500 crore in revenue by the end of ongoing fiscal year.

Inkle launches new platform for cross-border payments for startups

Customers will be charged a fixed markup of up to 0.50% on the mid-market forex rate on their transactions

Glenmark Pharma slashes price of breast cancer drug Trastuzumab

Most of the existing Trastuzumab brands in the market are priced in between Rs 40,000 to Rs 54,000 per 440 mg vial

Open challenge to OpenAI, Google: Zoho working to build its own AI model

Zoho's announcement to develop its own LLMs comes after OpenAI founder and CEO Sam Altman said that it would be "hopeless" for an Indian startup with $10 million in funding to build foundational LLM

Maruti sitting on 100,000 plus pending deliveries as MPV market expands

The challenge is more pronounced for the CNG variants of these vehicles

Parts of NCLAT's Rs 1,338 cr fine order on Google challenged by CCI in SC

NCLAT has upheld the Rs 1,338 crore fine on Google for allegedly abusing its position in the android ecosystem

As work-from-office resumes, TCS employees get less time to upgrade skills

Average learning hours fell from 121 in Financial Year 2021-22 (FY22) to 82 in FY23, according to TCS' annual report

5G adoption to unlock wealth of opportunities for India's tech talent pool

A significant percentage of companies in India believe the advent of 5G will herald a transformative era in the world of work, unlocking a wealth of opportunities for India's tech talent pool

Tata Steel, Germany's SMS group to explore low carbon steel-making tech

The EASyMelt (electric-assisted syngas smelter) technology is an iron-making solution that can be implemented in existing integrated steel plants to accelerate decarbonisation

PNB, LIC, SBI and BoB looking to seek formal bids for stake sale in UTI AMC

These entities have already appointed merchant bankers to initiate the sale process in UTI AMC