Page 1363 - Company News

4x4 war goes off-road: Maruti's Jimny has foot on lifestyle SUV throttle

MSIL has been exporting the three-door Jimny since 2021, and plans to start exporting the five-door version of the car

GST evasion notice: Revenue dept to move SC against HC relief to Gameskraft

The notice was issued by the Directorate General of GST Intelligence (DGGI) in September 2022 in which it alleged that GamesKraft escaped GST payment

CCI clears General Atlantic's additional 4.04% stake buy in Acko Tech

Acko Tech is engaged in the business of providing general (non-life) insurance through its subsidiary Acko General Insurance Ltd

Women employees attrition races past men at TCS as work-from-home ends

Of the nearly 30,000 employees classified as senior management, almost 4,000 or over 13 per cent were women, the annual report said

IKIO Lighting IPO subscribed 6.83 times on second day of share sale

The Initial Public Offering (IPO) of LED lighting solution provider IKIO Lighting was subscribed 6.83 times on the day two of the share sale on Wednesday

India's green goal offers companies $500 bn opportunity, says ReNew CEO

ReNew has plans to invest in the entire decarbonization chain. The company, with about 8 gigawatts of operational capacity, is among India's top renewables producers

LIC raises Tech Mahindra stake by 2 pts via open-market acquisition to 8.8%

The insurer bought the additional shares between November 21, 2022 and June 6, 2023 for about Rs 2,000 crore

RAMP Global inks partnership with Hala Mobility to foray into EV biz

Set up in 2017, RAMP is an integrated platform that automates automotive repair practices to achieve efficiency and scalability, as per the statement

Shriram Life Insurance rolls out unit-linked plan with flexible options

Policy holders can opt to cover either whole life or a specific period of time enabling them to fulfil their financial aspirations with full flexibility, the company said

TCS defies tech-sector inertia: Top execs see salary hikes in FY23

Rajesh Gopinathan, who stepped down from the role of CEO and MD of TCS, saw his total remuneration go up 13.17 per cent for 2022-23 (FY23)

Crisis-hit Jaiprakash Associates defaults on Rs 3,961-crore loans on May 31

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 3,961 crore, including principal and interest amount

State-owned BoM raises Rs 1,000 cr via qualified institutional placement

The QIP opened on June 1 and closed on June 6, 2023

ReNew Energy Global Plc posts Rs 7.4 crore net profit in March quarter

The total income (or total revenue) for Q4 FY23 was Rs 2,591.6 crore (USD 315 million), an increase of 47.1 per cent over Q4 FY22

New York City sues Hyundai, Kia after security flaw leads wave of car theft

Viral how-to videos on TikTok and other sites show how to start the cars using only USB cables and a screwdriver

Allcargo Logistics arm to sell stake in logistics parks to Blackstone

"This transaction will result in significant cash proceeds and provide for growth plans of the company, formerly known as Transindia Realty & Logistics Parks Limited," it said

Maruti prices Jimny competitively at Rs 12.74 lakh to match Mahindra Thar

Car to play key role in MSIL's goal of becoming country's top SUV maker; M&M to challenge competition by bringing out a 5-door version of the Thar

Adani to slow down on acquisitions to focus on existing projects: Report

While the group will continue to review acquisition opportunities, the Adani spokesperson said high debt costs will weigh

Ford Motor issues recall notice for 125,000 vehicles that could catch fire

The recall applies to Escapes from 2020 to 2023, Mavericks from 2022 to 2023, and Corsairs from 2021 to 2023, the report mentioned

BetterPlace partners Microsoft to empower frontline workers across Asia

The collaboration will also include the development of a mobile-first upskilling programme, specifically designed for frontline workers

Adani stocks gain up to 5% after stock exchanges widen circuit filters

Of the four scrips which underwent price band change, only Adani Green closed 0.75% down at Rs 985.45