Page 1557 - Company News

Nation needs to embrace compassionate capitalism: Narayana Murthy

Touching upon the issue of layoffs, Murthy said that it seems to have become a worldwide phenomenon as several companies are indulging in it

Lupin Pharma launches Lurasidone Hydrochloride Tablets in US

The generic equivalent of Latuda tablets has been launched in the US markets

MakeMyTrip experimenting with ChatGPT to boost customer experience

Global travel service provider MakeMyTrip is experimenting with AI chatbot ChatGPT to see if its integration can make customer experiences and their vacation planning better on the platform

EV charging revenue likely to exceed $300 bn globally by 2027

The global electric vehicle (EV) charging revenue is likely to exceed $300 billion by 2027, up from $66 billion in 2023, a report showed on Tuesday.

Intangles raises $10 mn in series A funding from Baring PE Partners

The funding will be utilised for serving a robust new customer pipeline, expanding global presence and accelerating hiring to augment product engineering, sales and delivery teams, Instangles said

Intangles Lab raises $10 million in funds from Baring Private Equity

Predictive analytics solutions provider Intangles Lab said it has raised USD 10 mn in funding from Baring Private Equity Partners India for expanding its global presence and accelerate hiring.

Scrut Automation raises $7.5 mn in funding round led by MassMutual Ventures

Scrut Automation CEO and Co-Founder Aayush Ghosh Choudhury told PTI that the fresh round of funding took place at 4 times higher valuation compared to the last funding round a year ago

RoC to check GoMechanic's books amid allegations of irregularities: Report

According to the Companies Act, Section 264 (4), the RoC has the authority to conduct an inquiry into the affairs of a company in line with directions from the Ministry of Corporate Affairs (MCA)

NTPC Green Energy to raise up to Rs 9,000 cr through rupee term loan

The bid document showed that NGEL intends to raise fresh debt and repay outstanding liability of Rs 8,200 crore towards NTPC by March 31, 2023 along with applicable interest cost

DMRC to handover feeder e-buses to Delhi govt from April onwards: Official

Delhi Metro will start handing over its fleet of 100 feeder e-buses to the city government from April, a senior official said on Tuesday.

ACME, Japan's IHI Corporation tie up for business in green hydrogen

Both the companies will also explore opportunities to jointly offer a complete integrated solution to customers, from green ammonia supply, bunkering and products or solutions for various applications

Tech giant Microsoft working to launch new version of Teams next month

Microsoft will reportedly launch a new version of "Microsoft Teams" next month, to improve its system resource usage on PCs and laptops.

Combined equity market value of 10 Adani Group firms slips below $100 bn

Billionaire Gautam Adani and his companies have hired legal and communication teams, cut expenses and repaid debt as they seek to calm traders concerned about the group's access to financing

Centre wants work on at least one semiconductor facility to start in 2023

So far, the Centre has received three applications for chip manufacturing in India

Good upside seen in Oil India stock; most analysts are positive

And their price and fair valuation targets range between Rs 275 and Rs 290

Top insurance companies compete to cover Tata Group-owned Air India fleet

Tata-owned airline negotiating premium for FY24

After $135-billion wipeout, Adani Group plans multi-pronged comeback

Besides a campaign to portray themselves as responsible borrowers with prepayments and on-time payments of debt, executives have also kicked off a series of meetings to pacify overseas bondholders

DMRC vs Rinfra to be heard on Friday, HC tells Delhi, Union govt

Attorney General R Venkatramani, appearing for DMRC, suggested asking GNCTD and MoHUA how they would proceed in the matter

Reserve Bank of India tightens norms for ARCs on income recognising fee

They will have to reduce unrealised management fees where the net asset value of the Security Receipts has fallen below 50 per cent of the face value

NHPC raises Rs 996 crore through issuance of non-convertible bonds

NHPC Limited has raised Rs 996 crore on February 20, 2023 through unsecured, redeemable, non-convertible, non-cumulative and taxable 7.59 per cent AD series bonds