Page 1525 - Company News

Tesla Superchargers now open to other EVs at 'select sites' in US

Elon Musk-run Tesla has officially begun allowing other electric vehicles to fuel up at some Supercharger stations in the US

Supreme Court asks Sebi to check on Adani's related party transactions

The Supreme Court of India also ordered the formation of an investor-protection panel amid sharp falls in the Adani group's shares

SC order on Hindenburg issue: Truth will prevail, says Gautam Adani

Adani tweeted: "The Adani Group welcomes the order of the Hon'ble Supreme Court. It will bring finality in a time bound manner. Truth will prevail"

Sunteck Realty leases commercial space to Upgrad, to make Rs 2,000 cr

Upgrad will be paying starting rentals of close to Rs 300 per square feet per month on carpet area basis

RCap resolution: NCLAT allows lenders' plea for another round of bidding

A two-member bench set aside an order passed by NCLT and said the Committee of Creditors (CoC) has the power to negotiate and call for a higher bid

Investment giant Softbank offloads 3.8% stake in Delhivery for Rs 954 cr

According to data available at the Bombay Stock Exchange (BSE), SoftBank sold shares worth Rs 954 crore in Delhivery in a bulk deal at Rs 340 apiece

Top headlines: Philanthropy by India's rich falls, airlines step up hiring

Business Standard brings you top headlines at this hour

SC decision on Adani-Hindenburg probe panel today: 5 things you must know

On February 17, the Centre had told the apex court that they would submit their suggestions for the proposed panel in a sealed cover, but the court refused to accept it

Gender equality in boardrooms out of reach until 2038, says MSCI

This means women will not take an average of 50% of board seats across the 2,811 companies which make up MSCI's All Country World Index (ACWI) until 2038, based on the current trajectory

Persistent chip, logistics woes frustrate car delivery timelines

Open order books in Feb breach 700K; wait period for some models exceed a year

HDFC first private bank to tie up with IRCTC for co-branded credit card

Earlier, IRCTC has only partnered with SBI and Bank of Baroda for this travel segment of the card

Airlines step up hiring to drive growth as demand recovers, costs ease

IndiGo to hire 5,000-6,000 employees in FY24; Akasa Air will add 1,000 staff; Air India said it will recruit 5,100 staff including 900 pilots and 4200 trainee crew

Aviation sector seen returning to profit in FY24 on higher traffic, pricing

Although competition from Tatas and Akasa could increase, analysts see 25% upside in IndiGo

Indian tech sector to hit $245 bn in FY23; headwinds seen in FY24: Nasscom

A silver lining amid news of mass layoffs is that the IT industry remains a net employer with over 5.4 million in the workforce; it created 290,000 new jobs in FY23, Nasscom said

More employees need to work from offices, says Wipro Chairman Rishad Premji

Information technology major Wipro's Chairman Rishad Premji on Wednesday said more employees need to work from offices rather than from their homes

Olectra Greentech's India's first e-tipper receives roadworthiness nod

We are shortly going to launch variants of the e-tipper and electric truck. It is just the beginning of our journey, Olectra Greentech chairman and managing director K V Pradeep said

Hero MotoCorp sales increases by 10% in February at 3,94,460 units

Exports, however, dipped to 12,143 units from 26,792 units in the year-ago period

Honda Cars reports 15% decline in sales at 6,086 units in February

Exports declined to 973 units last month as compared with 2,337 units in the year-ago period

Adani Group denies report of securing $3 bn loan from sovereign fund

Meanwhile, all ten group stocks had gains on Wednesday, the first time since the Hindenburg report was released in January

Why streaming video players need to make some housekeeping changes

A new study by Accenture emphasises the need for aggregation in online entertainment