Page 1417 - Company News

FAME II scheme: Hero Electric, Okinawa Scooters claim 'no violation'

Hero Electric, on the other hand, said that their case was being settled in a manner similar to that of Ola, Ather, TVS, and other companies

Thermal power firms may transition to green energy faster than anticipated

State-owned NTPC is by far the largest to make the transition, but Tata Power and even Adani Power, despite the noises surrounding its coal business, are on the same trajectory

Cisco to start manufacturing in India, eyes $1 billion production capacity

Cisco currently has some 15,000 employees in India with a presence in Bengaluru and two other locations. India serves as the second largest R&D center for Cisco next to the USA

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

RIL, ONGC, SBI among key firms that are yet to declare final dividend for FY23

Change in control of HDFC AMC got final Sebi approval: HDFC Bank

This approval will help pave the way for the merger of HDFC into HDFC Bank, expected to be finalised by the third quarter of the next financial year

Dr Reddy's Labs Q4 result: PAT up 9 times, div declared at Rs 40 per share

Its revenue from operations stood at Rs 5,843 crore in Q4 FY23, up 15.28% YoY as compared to Rs 5,068.4 crore in Q4FY22

Distribution and logistics platform Ripplr raises $40mn to expand footprint

Tech distribution and logistics platform Ripplr on Wednesday said it has raised $40 mn in a Series B round led by Fireside Ventures

L&T Infra's non-Executive Chairman A M Naik has decided to step down

Infrastructure major Larsen & Toubro on Wednesday announced that its Non-Executive Chairman A M Naik has decided to step down from the post

Mirae Asset inks pact with FundsIndia to give loan against securities

Mirae Asset Financial Services on Wednesday said it has inked a pact with FundsIndia to provide loans against securities

Exploring M&A opportunities in overseas markets; plan to launch IPO: Vinsys

IT services company Vinsys said it is exploring acquisition opportunities in overseas markets, including the US and the UK, to expand its global reach

With bankruptcy protection, can Go Airlines return to the air in two weeks

Getting bankruptcy protection, can the Wadia group's low cost carrier Go Airlines Ltd send its fleet back into the air in two weeks -- as it said earlier -- is the question that needs to be answered

Microsoft invests in India's Builder.ai, marking another tie-up for AI

Indian company helps clients make apps without any coding experience

Dhanuka looks to invest in startups; urges crackdown on fake pesticides

Agro-chemical firm Dhanuka Agritech on Wednesday said it has made investments in two startups so far and is open to invest in more such companies to support young entrepreneurs in agriculture sector

JSW Steel crude steel production grows 7% YoY to 1.7 MT in April

JSW Steel on Wednesday posted a 7 per cent growth in crude steel production on standalone basis at 17.77 lakh tonne (LT) in April 2023

MG Motor India says will sell majority stake to Indians in 2-4 years

Carmaker owned by Chinese company SAIC Motor will raise Rs 5,000 crore through stake sale

Paytm beats peers as highest revenue earner in mobile payments services

Indian fintech giant Paytm on Wednesday reported its financial performance for FY23, where its revenues swelled to Rs 7,991 crore for the fiscal year

Go First files suit against engine maker, legal scene shifts to US court

After getting what it had prayed for before the NCLT, legal scene now shifts to a US court where Go Airlines (India) Ltd has filed a suit against the aircraft engine maker Pratt & Whitney

Cisco CEO Chuck Robbins announces manufacturing plans for Tamil Nadu

Cisco announced manufacturing plans for Tamil Nadu, India, as its chairman and CEO Chuck Robbins asserted that the company is bullish about India market and its prospects

GAIL to build $4.89-bn ethane cracker near LNG import plant in West India

The company plans to import ethane from the United States for the project, the source said

OYO travel agent enrollment reports sharp uptick of 150% in FY23

Hospitality technology platform OYO on Wednesday said it has witnessed over 150 per cent growth in travel agency enrollment in the financial year ended March 31