Page 1692 - Company News

Ola Electric making plans to ensure a stable supply of raw materials

The company is the only two-wheeler electric vehicle (EV) player, which has decided to manufacture the cell and control its technology - that are crucial components for making the battery

Jugal Kishore Mohapatra new chairman at Shriram Finance in top-level rejig

A post graduate from Delhi School of Economics with a Masters in Economics from Boston University, he served in various key government positions in Odisha and at the Centre

Elon Musk says Apple has 'fully' resumed advertising on Twitter again

Musk made the comments during a Twitter Spaces conversation on Saturday, adding that Apple is the largest advertiser on the social media network

Cryptocurrency exchange Bybit plans to cut 30% of workforce: CEO Ben Zhou

The layoffs are part of an ongoing reorganisation aimed at refocusing efforts, and reductions will be across the board

Hyderabad airport operator to raise Rs 1,250 crore to retire forex debt

To float AA-rated 10-year NCDs at a lower rate of interest than the 5.37% coupon on dollar-denominated senior secured notes due for repayment in April 2024

Govt in advanced stage to launch Rs 3,500-crore PLI scheme for toy sector

Dept in advanced inter-ministerial talks; schemes for bicycles, footwear to follow

Lessons from Covid: Pharma firms turn attention to adult vaccination

Vaccine companies have warmed up to the idea of adult vaccines for other diseases such as pneumonia, flu and shingles as well

Nearly 100% of 2-wheeler market will shift to EVs in 3 yrs: Bhavish Agarwal

Plans to roll out electric two-wheelers in every segment in the next 12 months

Power Grid to separate telecos, gets nod to foray into data centre biz

Power Grid Corporation of India Ltd is in the process of carving out its telecom vertical to a new fully-owned subsidiary, in a bid to have a "focused approach" and to move up the value chain

Indus Towers plans to raise up to Rs 2,000 crore through debentures

The company is likely to visit markets ahead of the repo rate decision by the Reserve Bank of India's monetary policy Committee (MPC) on December 7

Adani Airport Holdings increases borrowing limit by Rs 2,500 crore

AAHL currently manages seven functional airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram

Li-ion battery pack maker Lohum targets 3-fold jump in topline to Rs 300 cr

Lithium-ion battery pack maker and recycling firm Lohum has said it is eyeing a three-fold jump in its topline at over Rs 300 crore this fiscal driven by surging demand

ESIC approves proposal to invest surplus funds in stock market through ETFs

Government's social security body Employees' State Insurance Corporation (ESIC) on Sunday approved a proposal to invest its surplus funds in the stock market through exchange traded funds (ETFs)

SpiceJet expects improvement in operations in December quarter: Ajay Singh

SpiceJet, which is looking to raise $200 million, expects to see improvement in operations and restructuring benefits in the current quarter of this financial year

CIEL Group makes 'strategic investment' in Next Leap Career Solutions

City-based CIEL Group has made a strategic investment in Next Leap Career Solutions Pvt Ltd by signing a definitive agreement to acquire 100 per cent equity stake in tranches, the company said

Adani poised to be largest shareholder in NDTV as open offer subscribed 32%

Adani group has found investors willing to sell over 53 lakh shares of NDTV despite the deep discount to the stock's current trading price, giving it the rights to nominate chairman of the broadcaster

New Adani transmission lines may lower Mumbai's power tariffs, say experts

Experts foresee two-rupee dip as transmission bottlenecks ease over next few years; Adani group is setting up two dedicated transmission lines covering eastern and western corridors

Samsung, Zigbang partner to unveil unique UWB-based smart door lock

Tech giant Samsung has partnered with proptech startup Zigbang to unveil a smart door lock with an Ultra-Wide Band (UWB) chip.

SIPCOT to set up 11 new industrial parks in TN, to create over 2 lakh jobs

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) is in the process of establishing 11 new industrial parks in Tamil Nadu across sectors

Dharavi redevelopment project a veritable realty goldmine, say experts

Sensitive rehab, retaining local jobs key challenges in Adani's mega project