Page 162 - Company News
Premium device boom in India to boost Snapdragon 8 adoption: Qualcomm
Qualcomm at its annual flagship event Snapdragon Summit launched its latest chipset Snapdragon 8 Elite Gen 5 Mobile Platform
 "Premium device boom in India to boost Snapdragon 8 adoption: Qualcomm")
New electronic component plan to double local value addition to 40%: Elcina
ECMS has received investment proposals worth ₹1.15 trillion, which is more than double the target of ₹59,000 crore envisaged under the scheme
 "New electronic component plan to double local value addition to 40%: Elcina")
PVR Inox eyes strong festive season, clocks 50% occupancy during Dussehra
With the second quarter already showing robust growth, the company said it is "poised for an exciting season ahead", with upcoming release
 "PVR Inox eyes strong festive season, clocks 50% occupancy during Dussehra")
Vedanta plans to invest ₹13,226 crore to ramp up aluminium capacity
Vedanta Ltd is anchoring aluminium at the centre of its growth strategy, with an expansion plan that will take capacity to 3.1 million tonnes per annum (MTPA) by FY28
 "Vedanta plans to invest ₹13,226 crore to ramp up aluminium capacity")
BL Agro aims to become $2.25 bn group by 2030, to invest ₹3k cr in 5 years
CEO Navneet Ravikar said the company would make these investments to fund expansion plans across various food categories like rice and milk
 "BL Agro aims to become $2.25 bn group by 2030, to invest ₹3k cr in 5 years")
On track to achieve 400,000 vehicle exports in FY26: Maruti Suzuki
The country's largest carmaker has reported a 52 per cent year-on-year growth in exports to 42,204 units in September, compared to 27,728 units in the same month of the previous year
 "On track to achieve 400,000 vehicle exports in FY26: Maruti Suzuki")
Magicpin eyes 500k customers for food delivery vertical 'Inner Circle'
The newly launched service has achieved enrollment of over 1.5 lakh customers during the first month of its rollout in September
 "Magicpin eyes 500k customers for food delivery vertical 'Inner Circle'")
Vedanta extends demerger deadline to March 2026 amid pending approvals
The mining firm had earlier revised its demerger plan and decided to retain its base metal undertaking within the parent firm
 "Vedanta extends demerger deadline to March 2026 amid pending approvals")
Indian firm Nav Wireless claims deployment of America's first LiFi internet
The technology has been installed at the Silicon Harlem office in New York in collaboration with JESCO Venture Labs, Nav Wireless said in a statement
 "Indian firm Nav Wireless claims deployment of America's first LiFi internet")
Renault plans to cut 3,000 jobs under voluntary exit scheme: Report
The newsletter quoted a source familiar with the matter as saying that a final decision should be made by the end of the year
 "Renault plans to cut 3,000 jobs under voluntary exit scheme: Report")
Ramkrishna Forgings eyes rail push with components for bullet train
Company also hopeful of Europe rail market penetration
 "Ramkrishna Forgings eyes rail push with components for bullet train")
After 7 years, IHH finally gets Sebi go-ahead for Fortis open offer
In 2018, price was set at ₹170/share; Fortis Healthcare now trades at ₹980.10
 "After 7 years, IHH finally gets Sebi go-ahead for Fortis open offer")
Omkara ARC acquires Wind World India's debt with ₹1,225-cr offer
The Areion Group ARC said it has acquired the debt from the National Asset Reconstruction Company Ltd (NARCL), the state-run bad bank, under the Swiss challenge method, as per a statement
 "Omkara ARC acquires Wind World India's debt with ₹1,225-cr offer")
BYD outsells Tesla for fourth straight quarter despite sales dip
Musk has warned Tesla "could have a rough few quarters" after losing the US incentives
 "BYD outsells Tesla for fourth straight quarter despite sales dip")
Magicbricks to raise AI integration in products, eyes IPO in 2-3 years
Real estate platform Magicbricks, profitable for four years, plans an IPO in 2-3 years while expanding AI integration across products and growing home loans and interiors services
 "Magicbricks to raise AI integration in products, eyes IPO in 2-3 years")
Bombay HC rejects Anil Ambani plea against SBI fraud classification
The SBI had last year classified the accounts as fraud, alleging misappropriation of funds by entering into transactions that violated the terms of loans extended by it
 "Bombay HC rejects Anil Ambani plea against SBI fraud classification")
Delhi HC restrains entities from unauthorised use of 'DHANUKA' trademark
Justice Tejas Karia granted an interim stay till January 29 on a plea filed by Dhanuka Agritech against Agrim Wholesale Private Limited and others
 "Delhi HC restrains entities from unauthorised use of 'DHANUKA' trademark")
Maruti Suzuki rolls out 200K units in Sept, marks 26% jump in production
The country's largest carmaker rolled out 2,01,915 units from its production sites across the country last month, compared with 1,59,743 units in September 2024
 "Maruti Suzuki rolls out 200K units in Sept, marks 26% jump in production")
Maruti becomes first company to transport vehicles to Kashmir through train
In an X post, the company shared that the first rail shipment reached the new Anantnag terminal, marking a new chapter in green logistics
 "Maruti becomes first company to transport vehicles to Kashmir through train")
Zomato, HDFC Pension launch NPS model for delivery partners' benefit
The model was formally launched by Finance Minister Nirmala Sitharaman at an event organised by the Pension Fund Regulatory and Development Authority (PFRDA) on October 1
 "Zomato, HDFC Pension launch NPS model for delivery partners' benefit")