Page 166 - Company News

M&M to sell Finnish subsidiary Sampo Rosenlew to TERA for ₹52 crore

Mahindra & Mahindra will divest its Finnish arm Sampo Rosenlew Oy, maker of combine harvesters and forestry machines, to TERA for Rs 52 crore under a share purchase agreement

Amazon Fresh expands to 270+ cities in India, adds tier-2 and tier-3 towns

Amazon Fresh has expanded its reach to more than 270 cities across India, including tier-2 and tier-3 towns, with 40,000 products and partnerships with 13,000 farmers

Dhruva Advisors, Ryan form joint venture after majority stake acquisition

Dhruva Advisors has partnered with global tax services firm Ryan, which has acquired a majority stake in the Indian advisory to expand tax services in India and overseas

Smartworks launches solution for setting up Global Capability Centers

Smartworks said it has launched 'SmartVantage', a purpose-built solution designed to accelerate the next phase of growth for GCCs in India

Hiranandani launches ₹5,000-cr coastal township in Alibaug, eyes ₹17k cr

Hiranandani Communities has launched a 225-acre coastal township in Alibaug with an investment of Rs 5,000 crore and revenue potential of Rs 17,000 crore over 10 years

TotalEnergies cuts capex, unveils savings plan amid investor debt worries

The reduction in capex, to around $15-17 billion annually between 2027 and 2030, is part of a drive to save $7.5 billion

Carlsberg commits ₹1,250 crore investment in food processing sector

This includes setting up greenfield facilities and expanding its existing units across the states by Carlsberg India, the company said

Co-working major WeWork India to float ₹3,000 crore IPO on October 3

The issue will close on October 7, with bidding for anchor investors opening for a day on October 1, as per the red herring prospectus

Jaguar Land Rover set to resume UK production after cyber attack shutdown

Jaguar Land Rover's UK plants in West Midlands and Merseyside had stopped operations on September 1 due to a cyber attack

Vi files amended petition, seeks waiver of interest, penalty on AGR dues

VIL sought additional relief, requesting the top court to direct that interest and penalties on the principal AGR dues should not be payable, citing another case as precedent

Wheels India inks SHPAC tech deal to boost global hydraulic cylinder growth

Wheels India's agreement with South Korea's SHPAC aims to strengthen its hydraulic cylinder segment through technology transfer, driving global growth and new opportunities

Lupin to acquire VISUfarma BV for €190 mn to expand European eyecare reach

Lupin's unit Nanomi BV will acquire VISUfarma BV from GHO Capital for €190 mn, adding an eyecare portfolio across Europe and strengthening its ophthalmology franchise

Premier Energies secures $20 million solar contracts in West Africa

These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said

Zomato launches Healthy Mode feature, rates dishes on nutritional value

Zomato's new Healthy Mode feature assigns scores to meals based on nutrition, using AI and restaurant data to help users pick healthier options across categories

Tata Communications bags multi-crore digital infra project from GSTAT

The project, aimed at accelerating and streamlining GSTAT's operations, will enable seamless access across all benches nationwide

JK Foods' Fun Flips enters UAE market, partners with Lulu International

Through Lulu's retail network, Fun Flips has already achieved strong initial penetration in the UAE and is now gearing up to expand in other GCC markets such as Saudi Arabia, Oman, and Bahrain

L&T, Standard Chartered tie up for $700 mn sustainability-linked facility

Larsen & Toubro (L&T) has secured a $700 million sustainability-linked trade facility with Standard Chartered, tied to carbon and water targets, reinforcing its commitment to green business practices

Sahara firm seeks SC nod for sale of group's assets to Adani properties

The plea, which was mentioned for hearing recently, would likely come up on October 14

Spacetech pioneer Agnikul Cosmos draws roadmap for fully-reusable rockets

Agnikul's in-house development facilities are one of the main driving forces of this new attempt, with every patent and system designed to support more affordable, customisable launch services

L&T inks $700 mn sustainability trade facility, expands ESG financing

Larsen & Toubro has tied the $700 mn trade facility to emissions and water-use KPIs, reinforcing its carbon neutrality by 2040 and water neutrality by 2035 goals