Page 1352 - Company News

Ramkrishna Forgings bags contract in Europe worth 4.5 million euros

"Ramkrishna Forgings...has successfully received an order to supply undercarriage parts to a renowned European railway passenger coach manufacturer"

Concor disinvestment: Dipam may seek finmin, inter-ministerial group help

Govt seeks to sell stake worth Rs 12,000 cr in national transporter this fiscal as part of disinvestment target

Vedanta may successfully handle its debt in the next 12 months: Report

CreditSights report states that the current methods of refinancing and other potential strategies may help Vedanta "successfully" service its debt maturities

RBI rejects Akash Suri's appointment as CEO of JC Flowers Yes Bank: Report

In a major setback to Yes Bank, sources close to developments have revealed that the Reserve Bank of India (RBI) has rejected the appointment of Akash Suri as the CEO of the JC Flowers Yes Bank ARC

State-owned BSNL behind private telecom firms in rural, urban markets

In March 2020, BSNL had a rural market share of over 7% with a subscriber base of 37 million; Jio and Airtel had a market share of nearly 34% each during the same period

Open to resolving disputes; won't do one-on-one meetings: Lenders to Byju's

According to sources, Byju's wants to do one-on-one meetings with lenders instead of having a group talk to influence them individually and split the group of ad hoc lenders

YouTube lowering eligibility requirements for monetisation programme

Video-sharing platform YouTube has announced that it is lowering the eligibility requirements for the YouTube Partner Program (YPP) and also introduced a few monetisation methods

Sajjan Jindal may acquire 48% stake in MG Motor India, govt onboard

When concluded, the deal will leave at least 51 per cent stake of the company in Indian hands

Apple may shift 18% of iPhone production in India by FY25: Bank of America

A report released by BofA said that the share of India in iPhone manufacturing may even go higher if Apple's vendors expand here

Darrell steps down as Logitech CEO, Gecht to take over as interim CEO

Swiss tech firm Logitech has announced that Bracken Darrell, president and chief executive officer (CEO), will be departing the company to pursue another opportunity

Maintaining its small-car dominance, Maruti leads mid-size PV sales in FY23

Maruti launched several vehicles in this segment last year. It now has popular offerings like the Grand Vitara, Brezza, and XL6 in its product lineup catering to this market segment

Demand for custom AI chatbots leads to hiring push at Happiest Minds Tech

The firm, which gets its revenue from helping companies digitize their services, is building tools that run on top of ChatGPT, customized to its clients' needs, he said

From Jaquar to Lakme: How some of the biggest Indian brands got their names

Here are etymologies of some of the oldest and most popular homegrown brands in the country

Govt asks e-comm firms for self-regulatory framework to end 'dark patterns'

The govt has taken a serious note of 'dark patterns' and asked e-commerce firms to create a self-regulatory framework to stop such practices, Consumer Affairs Secretary Rohit Singh on Tuesday said

SAT stays Irdai order to transfer Sahara Life Insurance assets to SBI Life

On June 2, Irdai directed SBI Life Insurance to take over policy liabilities of around 2 lakh policies of Sahara Life as the latter failed to comply with the regulatory directions

After riding the pandemic edtech boom, Byju's inverted learning curve

India's first decacorn is mired in losses, court cases, valuation cuts and the attention of enforcement agencies

NCLT to hear second plea of Aircastle against Spicejet on June 17

The NCLT on Tuesday asked Aircastle's counsel to explain how the second plea was maintainable against the same defaulter(SpiceJet)

Zydus Lifesciences gets USFDA nod for anti-smoking and arthritis drugs

The stock for Zydus Lifesciences rose 1.52 percent on BSE to Rs 517.70 per share

NLC India JV plant in Ghatampur to supply 492 MW of electricity to Assam

State-owned NLC India joint venture Neyveli Uttar Pradesh Power has inked a pact to supply 492 MW of electricity to Assam from its 1,980 MW Ghatampur thermal plant

Accenture plans to pump in $3 billion for data and AI in three years

India will be crucial part of the plan, since it is one of the largest delivery centres of the company