Page 1659 - Company News

IOCL to undertake intensified TB elimination project in UP, Chhattisgarh

IOCL has signed a MoU as part of its corporate social responsibility with CTD under Ministry of Health, and the states of Uttar Pradesh and Chhattisgarh to undertake intensified TB elimination project

SBI to consider raising funds via infrastructure bonds worth up to $1.21 bn

SBI, the country's largest lender, said it will consider approval for raising funds through the issue of infrastructure bonds worth up to 100 billion rupees ($1.21 billion) during fiscal year 2023

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts

JSW Energy completes acquisition of Ind-Barath Energy for Rs 1,047 cr

JSW Energy on Wednesday said it has completed the acquisition of 700 MW Ind-Barath Energy (Utkal) for Rs 1,047.60 crore through insolvency proceedings.

Sheela Foam to buy rival mattress maker Kurl-on for Rs 2,000 crore

The combined entity will have a market share of more than 50 per cent in India's organised mattress space

Airtel announces launch of 5G service in Jammu, Srinagar in a phased manner

Telecom operator Bharti Airtel on Wednesday announced the launch of its 5G services in Jammu and Srinagar

LIC may look at entering health, non-life insurance businesses: Source

Says insurance giant is well-placed to make most of a composite license; in fact it was a composite insurer till early 1970s, when Oriental Insurance was carved out

Need to quickly end call drops, improve quality: Govt tells telcos

Poor quality unacceptable at a time when India is adopting 5G technology: Companies are told

Jio launches 5G services in 11 cities as a New Year's tribute to users

According to the announcement from the telecom major, the users will be able to enjoy unlimited 5G data with upto 1gbps+ speed, at zero additional cost

CBI custody of Chanda Kochhar, her husband and Dhoot extended till Dec 29

The CBI, represented by special public prosecutor A Limosin, sought their custody for another two days for further probe into the case

Mumbai court acquits TVF founder Arunabh Kumar in sexual harassment case

A magistrate court here has acquitted The Viral Fever (TVF) founder Arunabh Kumar in a sexual harassment case of 2017, ruling that there was an unexplained and unreasonable delay

Adani Transmission incorporates arm to undertake smart meter business

Adani Transmission has formed a subsidiary, BEST Smart Metering Ltd (BSML), to undertake the smart meter business

Experts see 2023 as a year of smooth sailing for real estate sector

Demand likely to remain buoyant despite prospects of another rate hike; industry looking for tax breaks, lower transaction costs

Sheela Foam to buy rival mattress maker Kurlon for $241 million: Report

Indian mattress maker Sheela Foam Ltd will soon acquire competitor Kurlon for 20 billion rupees ($241.29 million), ET Now reported on Wednesday, citing sources

Blinkit to deliver boAt headphones and accessories within minutes

Select boAt products such as TWS, Neckbands, Portable Bluetooth Speakers, and Wired Earphones are now available on Blinkit

Competition Commission starts recovery proceedings against Google: Report

CCI had imposed a penalty of Rs 1,336.7 crore on Google on October 20 for indulging in anti-competitive conduct

Mukesh Ambani completes 20 years at helm of Reliance Industries

the company has re-entered the telecom business, diversified in retail and new energy, and raised a record Rs 2.5 trn selling minority interests during the Covid lockdown

Amid global recession fears, IT firms may go slow on hiring in 2023: Report

The hiring rate for the IT sector is likely to grow by only 10 per cent in 2023, almost half of the 15-20 per cent rise seen this year

Tesla touches a 2-year low: Twitter may not be Elon Musk's biggest trouble

Tesla share price: The prices fell rapidly on Tuesday after a Reuters report said that the company is planning to reduce its production at the Shanghai plant in January

Appliances, consumer electronics sector aim for double-digit growth in 2023

The industry body CEAMA expects to almost double the value of the sector in the next three years to Rs 1.48 lakh crore by 2025, as well as make the country an alternative hub for exports