Page 1627 - Company News
NCLAT declines stay on CCI's Rs 936 cr Google penalty, asks firm to pay 10%
The NCLAT, on January 4, had refused an interim stay on an order of the competition regulator imposing a Rs 1,337 crore penalty on Google
 "NCLAT declines stay on CCI's Rs 936 cr Google penalty, asks firm to pay 10%")
Ashok Leyland showcases six commercial vehicles at the Auto Expo 2023
Auto Expo 2023: The vehicles showcased were 'green' powered by electric options and hydrogen
 "Ashok Leyland showcases six commercial vehicles at the Auto Expo 2023")
Flipkart Internet gets $90 million cash infusion from Singapore parent
The cash infusion is expected to help Flipkart in competing with US-based Amazon for leadership in the Indian e-marketplace
 "Flipkart Internet gets $90 million cash infusion from Singapore parent")
Reliance set to disrupt live streaming market with free IPL broadcast
The company is planning to make available the IPL broadcast in regional languages or bundle free IPL viewing with Jio telecom subscription packages
 "Reliance set to disrupt live streaming market with free IPL broadcast")
MG Motor expects EVs to make up around 20-30% of sales in India in 2023
MG Motor India, owned by China's SAIC Motor, expects electric vehicles (EV) to account for at least a quarter of its sales in India in 2023, the automaker said during the country's biennial auto show
 "MG Motor expects EVs to make up around 20-30% of sales in India in 2023")
Auto Expo 2023: MG reveals Hector facelift, Plus; price starts Rs 14.7 lakh
Auto Expo 2023 India: The cars will have Level 2 ADAS that will have features like lane keep assist, forward collision warning, adaptive cruise control and traffic jam assist
 "Auto Expo 2023: MG reveals Hector facelift, Plus; price starts Rs 14.7 lakh")
Maruti Suzuki unveils concept electric SUV 'eVX' at Auto Expo 2023
Maruti Suzuki also displayed its range of 'sustainable' cars like the WagonR Flex Fuel prototype, Brezza S-CNG and Grand Vitara Intelligent Electric Hybrid at the Expo
 "Maruti Suzuki unveils concept electric SUV 'eVX' at Auto Expo 2023")
Adani Wilmar sees Q3 sales growth in high single digits as demand grows
Growth in the third quarter has been broad across both urban and rural towns, with higher saliency in urban markets, Adani Wilmar said
 "Adani Wilmar sees Q3 sales growth in high single digits as demand grows")
Boeing airlines orders hit 4-year high in 2022, led by 737 Max jets
Boeing said it took more than 200 net orders for passenger airplanes and finished 2022 with its best year since 2018, which was before two deadly crashes involving its 737 Max jet and a pandemic
 "Boeing airlines orders hit 4-year high in 2022, led by 737 Max jets")
Microsoft betting $10 billion on viral AI bot ChatGPT, says report
ChatGPT has lit up the internet since launching at the end of November, gathering its first million users in less than a week
 "Microsoft betting $10 billion on viral AI bot ChatGPT, says report")
Small, mid CPSEs likely to be on Centre's FY24 disinvestment list
Government officials hinted that efforts were being taken to conclude stake sale of Shipping Corp and BEML by March
 "Small, mid CPSEs likely to be on Centre's FY24 disinvestment list")
Crypto exchange Coinbase fires 950 people, shuts down several projects
The crypto company in June last year eliminated 18 per cent of its workforce, or nearly 1,100 people
 "Crypto exchange Coinbase fires 950 people, shuts down several projects")
Hitachi Payment, BharatPe get RBI nod to operate as payment aggregators
In-principle approval takes firms closer to offering to digital financial services to clients
 "Hitachi Payment, BharatPe get RBI nod to operate as payment aggregators")
Made-in-India TV shipment up 33%, TWS share grows 37% in Jul-Sep 2022
In the tablets category, Samsung, Dixon and Wingtech contributed to more than 90 per cent of the locally manufactured shipments
 "Made-in-India TV shipment up 33%, TWS share grows 37% in Jul-Sep 2022")
Lenders approve second round of auction for bankrupt Reliance Capital
In the first round, Torrent group emerged as the highest bidder by offering Rs 8,640 crore
 "Lenders approve second round of auction for bankrupt Reliance Capital")
Tata Motors completes acquisition of Ford's Sanand manufacturing plant
In August last year, the company had announced that its arm Tata Passenger Electric Mobility Ltd (TPEML) would acquire Ford India Pvt Ltd's (FIPL) Sanand plant, Gujarat for Rs 725.7 crore
 "Tata Motors completes acquisition of Ford's Sanand manufacturing plant")
Now passenger finds stone in Air India's in-flight meal, airline responds
A woman took to Twitter to complain that she found a stone in the meal she was served onboard an Air India flight
 "Now passenger finds stone in Air India's in-flight meal, airline responds")
Novelic buy adds to Sona BLW's growth opportunities; stock up 6% in one day
Brokerages are neutral on the stock given near term challenges and valuations
 "Novelic buy adds to Sona BLW's growth opportunities; stock up 6% in one day")
Demand for heating appliances up 33% year-on-year, says Flipkart
India witnesses a dip in temperature as the winter sets in early in certain parts of the country
 "Demand for heating appliances up 33% year-on-year, says Flipkart")
Big Tech's new reality in India: Stricter regulation, face-off with telcos
All of a sudden, global tech giants are grappling with the prospect of more stringent regulation and domestic telco's demands for a level playing field
 "Big Tech's new reality in India: Stricter regulation, face-off with telcos")