Page 1518 - Company News

Homegrown startup Yes Madam exposes customers' sensitive data: Report

Homegrown startup Yes Madam has exposed the sensitive data of its customers and gig workers due to a server-side misconfiguration, the media reported

Hyundai introduces Alcazar with 1.5 litre turbo petrol engine at Rs 16.7 L

Hyundai Motor India on Tuesday said it has launched its sports utility vehicle Alcazar with a 1.5 Turbo GDi Petrol engine priced between Rs 16.74 lakh and Rs 20.25 lakh (ex-showroom Delhi)

Domino's Pizza launches 20-min delivery in Bengaluru, will expand service

Company says delivery drivers don't overspeed and its technology will ensure safety

Lenders put assets of former unit of ailing Amtek group on block

These assets and operating assets were carved out as part of a resolution plan approved by the NCLT in 2022

Embattled Adani Group repays share-backed financing worth Rs 7,374 crore

Embattled Adani Group on Tuesday said it has repaid share-based financing of Rs 7,374 crore (over USD 900 million) and will prepay all such remaining loans by the end of the month

Jindal Stainless to invest Rs 120 cr to set up two rooftop solar projects

While a project of 21 megawatt peak (MWp) will be set up in Jajpur, another 6 MWp rooftop solar capacity will be installed at company's unit in Hisar, JSL said

Goldman exits ReNew, CPPIB becomes new majority owner in the company

Goldman's exit is in compliance with US state securities regulations, which restrict the ownership of ownership beyond 10 years in a company

Power Grid Corporation board approves investments of about Rs 4,071 crore

State-owned Power Grid Corporation's board has approved investments of nearly Rs 4,071 crore for two transmission projects in the country

CBI arrests Pearls Group director Harchand Gill in multi-crore ponzi scam

Gill was brought from Fiji late Monday night after being deported from the archipelago under 'Operation Trishul' which was launched by the Central Bureau of Investigation (CBI)

Genesis, IGL to invest Rs 110 cr to set up meter manufacturing plant

Genesis, an arm of Vikas Lifecare Limited (VLF), has inked a pact with Indraprastha Gas Limited (IGL) to set up a meter manufacturing plant at an estimated cost of Rs 110 crore

From board permanency to audits, India Inc lags in corp governance: IiAS

Under proposed Sebi norms, firms must get shareholder nod at least once in 5 yrs for each board seat so that promoters aren't able to retain control after losing dominant shareholding

Asus to challenge top position in Indian consumer notebook segment in 2023

the company plans to scale up exclusive stores in India to 300 by the end of 2023 from 200 at present as well as expand other formats of retail stores in a bid to reach consumers

Vedanta may buy 6% more stake in Hindustan Zinc for Rs 7,900 cr

Govt planning OFS to sell 15% stake by March-end, will lose special rights over company; sources says Vedanta is looking raise about $1 billion from three foreign banks to fund the acquisition

Adani Group pre-pays over $900 million worth share-backed financing

Adani Group has been looking to ease concerns about its credit profile after a U.S.-based short seller noted high debt and alleged improper use of offshore tax havens and stock manipulation

upGrad subsidiary 'Campus' lays off 30% workforce due to lack of VC funding

According to leading startup covering portal Entrackr, citing sources, a lack of VC funding has caused layoffs in the startup ecosystem, affecting especially late-stage organisations

GQG founder to meet Australian investors after $1.9 bn Adani investment

GQG Partners bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout

PM asks India Inc to step up investment, take advantage of opportunities

The prime minister further said as opposed to the past, the tax burden has come down significantly in India due to GST, reduction in income tax and corporate tax

Foxconn Technology eyes second chip plant in India, sans govt incentive

First unit, by Vedanta-Foxconn JV, under PLI scheme

India housing market to remain resilient despite higher rates: Poll

A major source of employment in a country of 1.4 billion people where a majority are unskilled, the Indian housing market is likely to remain a stable contributor to economic activity in India

Top headlines: Foxconn eyes second plant, Son invites start-up founders

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