Page 1514 - Company News
SVB Financial Group tells employees to work from home until further notice
Essential and branch employees are excluded from the request to work from home
 "SVB Financial Group tells employees to work from home until further notice")
Viraj Profiles with Avaada Energy to set up 100 MW solar plant in Maha
The power generated will be used for captive consumption by Viraj Profiles' stainless steel unit in Tarapur, reducing its dependence on conventional sources by 50 per cent
 "Viraj Profiles with Avaada Energy to set up 100 MW solar plant in Maha")
Tata Power Renewable Energy signs PPA with TPDDL for 510 MW hybrid project
The power purchase agreement signed between Tata Power Renewable Energy Ltd and TPDDL has the capacity bifurcation of 170 MW solar and 340 MW wind power
 "Tata Power Renewable Energy signs PPA with TPDDL for 510 MW hybrid project")
AI content platform Writesonic's biz grows five-fold so far this fiscal
Writesonic is one of the leading artificial intelligence review platforms and news sites. It is developed by India-born Samanyou Garg
 "AI content platform Writesonic's biz grows five-fold so far this fiscal")
Natural stones firm Global Surfaces sets IPO price at Rs 133-140 per share
Global Surfaces Ltd, which is into processing natural stones and manufacturing engineered quartz, on Friday said it has set a price band of Rs 133-140 a share for its Initial Public Offering (IPO)
 "Natural stones firm Global Surfaces sets IPO price at Rs 133-140 per share")
HUL board names Rohit Jawa next MD & CEO, to succeed Sanjiv Mehta
Rohit Jawa, currently chief of transformation for Unilever, will take charge as MD and CEO from June 27
 "HUL board names Rohit Jawa next MD & CEO, to succeed Sanjiv Mehta")
Boeing, GMR Aero Technic to set up freighter conversion line in India
GMR Aero Technic is the first Boeing supplier in India that will have the capability to support future conversions of both domestic and foreign aircraft
 "Boeing, GMR Aero Technic to set up freighter conversion line in India")
AirAsia integrates pilot flight duty logbook with DGCA's eGCA platform
Pilots were traditionally required to update their pilot logbook in physical logbooks, as required by the MOCA's Aircraft Rule, 1937 (67A)
 "AirAsia integrates pilot flight duty logbook with DGCA's eGCA platform")
Marksans Pharma gets USFDA nod for generic version of Famotidine tablets
Marksans Pharma Ltd on Friday said it has received final approval from the US health regulator for its generic version of Famotidine tablets indicated for the treatment of acid indigestion
 "Marksans Pharma gets USFDA nod for generic version of Famotidine tablets")
Natco launches additional strengths of generic version of Revlimid in US
The company has launched 2.5 mg, and 20 mg strengths of the generic version of Revlimid (lenalidomide capsules) through its marketing partner Teva Pharmaceuticals
 "Natco launches additional strengths of generic version of Revlimid in US")
IIT Kanpur licenses gene therapy technology to Reliance Life Sciences
Reliance Life Sciences President K V Subramaniam said the company would "take forward this innovative technology to commercialisation"
 "IIT Kanpur licenses gene therapy technology to Reliance Life Sciences")
Boeing to set up freight conversion facility in India amid growing demand
Boeing Co will set up in India a facility to convert passenger aircraft into freight planes to capitalise on growing global demand for cargo, executives from the US aviation firm said on Friday
 "Boeing to set up freight conversion facility in India amid growing demand")
Tata Technologies submits IPO papers with Sebi to raise capital via OFS
Currently, Tata Motors holds 74.42 per cent stake in Tata Technologies, while Alpha TC Holdings which is a singapore-based investement firm managed by Tata Capital Advisors owns 8.96 per cent
 "Tata Technologies submits IPO papers with Sebi to raise capital via OFS")
Tata Technologies, a unit of Tata Motors, seeks Sebi approval for IPO
The initial sale in the engineering unit of luxury carmaker Jaguar Land Rover's owner will comprise a 23.6% stake, according to a filing
 "Tata Technologies, a unit of Tata Motors, seeks Sebi approval for IPO")
How Apple, Foxconn's efforts led to landmark reforms in India's labour laws
Apple and its supplier Foxconn were among the companies that lobbied for a landmark liberalisation of labour laws in the southern state of Karnataka earlier this month, the Financial Times reported
 "How Apple, Foxconn's efforts led to landmark reforms in India's labour laws")
Flipkart co-founder Binny Bansal planning to invest $100-150 mn in PhonePe
PhonePe has a formidable market presence in the Indian digital payments space. The app leverages the Unified Payments Interface (UPI) like its other peers
 "Flipkart co-founder Binny Bansal planning to invest $100-150 mn in PhonePe")
The worst may be over for chemicals and textiles company Grasim
Analysts' target prices indicate an upside of about 20 per cent from current levels
 "The worst may be over for chemicals and textiles company Grasim")
Swan Energy, Botas of Turkey ink lease agreement for offshore vessel
The duration of the agreement is for 12 months and is extendable
 "Swan Energy, Botas of Turkey ink lease agreement for offshore vessel")
Edtech startup Byju's to raise $250 mn in Aakash pre-IPO funding
Aakash is eyeing an initial public offering (IPO) and it is looking to raise the capital to create an interim event and set the stage, according to the sources
 "Edtech startup Byju's to raise $250 mn in Aakash pre-IPO funding")
Japan's NTT sees India business growing to $1 bn, commits investments
Japanese tech major to launch 6 additional data centres over the next 3 months
 "Japan's NTT sees India business growing to $1 bn, commits investments")