Page 1523 - Company News
India Inc commits Rs 11.87 trn to Andhra on Day-1 of investor summit
NTPC, Adani, RIL among major participants; state set to sign another set of MoUs worth Rs 13 trn on Saturday
 "India Inc commits Rs 11.87 trn to Andhra on Day-1 of investor summit")
Reliance to set up 10 gigawatt solar energy project in AP: Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani on Friday said his group will be investing in Andhra Pradesh to set up a 10 gigawatt renewable solar energy project
 "Reliance to set up 10 gigawatt solar energy project in AP: Mukesh Ambani")
Google Keep's new feature lets users pin notes to home screen on Android
Tech giant Google has announced that it is rolling out a new feature on its note-taking service 'Google Keep' that will allow users to "pin" a note or list to their home screen on Android devices
 "Google Keep's new feature lets users pin notes to home screen on Android")
Vistara starts Mumbai-Dammam flight; second Saudi destination after Jeddah
Full-service carrier Vistara inaugurated its daily non-stop service between Mumbai and Dammam in Saudi Arabia on March 1, expanding its international services further in the Gulf region
 "Vistara starts Mumbai-Dammam flight; second Saudi destination after Jeddah")
After Bajaj Allianz, New India Assurance gets into surety bonds business
Surety bonds can help smaller infra developers compete with larger, more established ones for bigger contracts, the company said
 "After Bajaj Allianz, New India Assurance gets into surety bonds business")
In a bid to rationalise costs, Swiggy sells cloud kitchen business
Swiggy started the Access platform between 2017 and 2019 with an investment of Rs 175 crore; announcements were made to infuse an additional 75 crore by March 2020, pandemic derailed expansion plans
 "In a bid to rationalise costs, Swiggy sells cloud kitchen business")
1 LTE-capable Google Pixel smartwatch costs $123 to make, finds report
The cost of making one LTE-capable Google Pixel watch is estimated to be $123, which is a big leap from the previous Fitbit smartwatches, according to a new report
 "1 LTE-capable Google Pixel smartwatch costs $123 to make, finds report")
Greenko raises $700 mn to fund pumped storage projects from GIC, ADIA, Orix
Homegrown Greenko Group has raised $700 million funding from Singapore's sovereign wealth fund GIC, Orix Corporation of Japan, Abu Dhabi Investment Authority (ADIA) and its own founders
 "Greenko raises $700 mn to fund pumped storage projects from GIC, ADIA, Orix")
Reliance to invest in 10 GW of renewable solar energy in Andhra: Ambani
Mukesh Ambani, Chairman and Managing Director of RIL, announced on Friday several new investment initiatives in Andhra Pradesh including 10 gigawatts of renewable solar energy in the state
 "Reliance to invest in 10 GW of renewable solar energy in Andhra: Ambani")
Reliance to set up 10 gigawatt solar energy project in Andhra: Ambani
He further said Reliance has invested over Rs 1.50 trn in its KG D-6 assets, developing and supporting gas pipelines
 "Reliance to set up 10 gigawatt solar energy project in Andhra: Ambani")
Australian pension fund client queries GQG about $1.9 bn Adani investment
AustralianSuper, which has an external mandate with GQG Partners, will be exposed to the four Adani Group companies following the deal, according to a source familiar with the matter
 "Australian pension fund client queries GQG about $1.9 bn Adani investment")
GMR Group to invest Rs 5,000 cr on Bhogapuram Airport in Andhra: GM Rao
M Rao, chairman of GMR Group said the first phase of the airport will be developed to serve six million passengers per annum
 "GMR Group to invest Rs 5,000 cr on Bhogapuram Airport in Andhra: GM Rao")
Adani Group to set up 2 new cement plants, data centre in Andhra Pradesh
Adani group will set up two new cement manufacturing plants, 15,000 MW of renewable power projects and a data centre in Andhra Pradesh as it looks to double down on its presence in the state
Who is Rajiv Jain, and how he built his $92 billion empire at GQG Partners
Jain's career as a portfolio manager started in 1994 when he joined Vontobel Asset Management
 "Who is Rajiv Jain, and how he built his $92 billion empire at GQG Partners")
Indian cricket: Where Mukesh Ambani might pull ahead of Gautam Adani
The two billionaires have adopted different playbooks. While Adani went headlong into public utilities, Ambani has focused on private wants
 "Indian cricket: Where Mukesh Ambani might pull ahead of Gautam Adani")
Adani Group bonds flash warnings even as $153 billion stock rout eases
But a closer look at billionaire Gautam Adani's empire shows that while fears of a debt blowup in the next three years have receded, investors still have doubts
 "Adani Group bonds flash warnings even as $153 billion stock rout eases")
Adani promoters sell stakes worth Rs 15,446 crore to GQG Partners
Group may use the proceeds to retire debt
 "Adani promoters sell stakes worth Rs 15,446 crore to GQG Partners")
Supreme Court forms an expert committee to probe Adani allegations
Sebi told to investigate stock manipulation charges against group
 "Supreme Court forms an expert committee to probe Adani allegations")
Foxconn to set up electronics manufacturing facility in Telangana
Electronics major Foxconn will set up a manufacturing facility in Telangana with employment generation potential for over one lakh people.
 "Foxconn to set up electronics manufacturing facility in Telangana")
Air India plans single pay structure, common seniority list for pilots
Air India was unable to create a single seniority list of pilots after merging with Indian Airlines in 2007 as pilots from both sides bickered on the issue
 "Air India plans single pay structure, common seniority list for pilots")