Page 1548 - Company News

ABB to invest Rs 1,000 cr in India in next 5 years; new facility in Nashik

Electrification and automation company ABB India on Friday announced to invest Rs 1,000 crore in the country in the next five years

Bank of Baroda CEO Chadha says willing to continue lending to Adani group

Bank of Baroda will extend loans to the conglomerate if it meets the lender's underwriting standards, said Sanjiv Chadha

SAT reduces Sebi's penalty on Jindal Cotex to Rs 25 lakh in GDR case

Securities Appellate Tribunal has slashed the penalty imposed by Sebi on Jindal Cotex Ltd (JCL) to Rs 25 lakh from Rs 10.3 crore in a case related to manipulation of global depository receipts

KFintech buys 25.6% stake in account aggregator MoneyOne's parent

Shares of KFintech closed 0.95 per cent higher on Friday

Adani firms continue to fall; some hit lower circuit intra-day trade limits

Most of the Adani Group firms continued to remain weak on Friday amid an overall bearish trend in the equity market

Pristyn Care expands presence to eastern India, partners with 60 hospitals

The company's goal is to double its presence in the country by the end of 2023 by expanding into more cities

Air India Express Kozhikode flight diverted due to 'suspected' tail strike

A Dammam-bound Air India Express flight from Kozhikode, was on Friday diverted to the international airport here, following a 'suspected' tail strike during take off

Pact with workforce for sustainable future of TN plant: Renault-Nissan MD

Franco-Japanese automotive alliance Renault-Nissan has concluded long-term agreement with employees considered as a landmark towards building of a sustainable and successful future for the Tamil Nadu

Ignis car costlier as Maruti Suzuki hikes prices by up to Rs 27,000

Maruti Suzuki India on Friday said it has increased prices of its premium compact model Ignis by up to Rs 27,000 (ex-showroom Delhi) with the addition of new features

Apple orders OLED panels from Samsung, LG for upcoming iPad Pro models

Tech giant Apple has reportedly ordered OLED panels from LG Display and Samsung for its upcoming iPad Pro models, which are expected to launch next year

Merger with Sony will get stuck in insolvency proceedings: Zee group

India's Zee Entertainment Enterprises Ltd told a tribunal on Friday its merger with a local unit of Japan's Sony Group Corp will "get stuck" due to the initiation of insolvency

Not just Galaxy S23, Samsung working to offer a range of devices in India

Not just Galaxy S23 series, engineers and researchers at Samsung R&D Institute Bangalore (SRI-B) are working on creating multi-device experiences between personal home

Bike startups had boomed just before the bans rolled out in Mumbai, Delhi

Funding, number of new startups had both risen significantly since the pandemic began

Reliance opens its first store in partnership with Gap Inc. in Mumbai

Reliance Retail is the official retailer of Gap across all channels in India, the company said in a press release

NTPC pays Rs 4,121.08 crore as interim dividend to shareholders for FY23

State-owned NTPC Ltd has paid an interim dividend of Rs 4,121.08 crore to its shareholders for the financial year 2022-23

Air India to hire 900 pilots, 4,200 trainee crew to support growth plans

At present Air India has 115 aircraft. This calendar year it will receive six Airbus A350s and 25 Boeing 737 Max planes; will also take 36 aircraft on lease

Air India to add 4,200 cabin crew, 900 pilots after record aircraft deal

Air India has planned to hire over 4200 cabin crew trainees and 900 pilots in 2023 as the airline adds new aircraft and rapidly expands its domestic and international operations

To boost digital strategy and growth, Qualcomm collaborates with Adobe

With a focus on boosting its digital strategy, chip maker Qualcomm on Friday collaborated with Adobe to deepen customer relationships

Amazon to integrate its logistics and SmartCommerce offerings on ONDC

This will be Amazon's first collaboration with ONDC; firm says it will continue to explore scope for stronger integration between the two in the future

Maruti will have six EVs by 2030, working to bring down battery costs

Senior exec says cost of acquisition is a key factor impeding EV adoption in India