Page 1725 - Company News

Page Industries to invest Rs 290 cr to set up two facilities in Telangana

Page Industries is the exclusive licensee of Jockey and Speedo in India

Swiggy partners go on strike over wages in Kochi as talks with company fail

Protests gather steam as earnings dwindle and fuel prices surge; some say the earnings have declined by as much as 50%

Aurobindo Pharma receives EIR from USFDA for its Andhra Pradesh facility

It was inspected further by the USFDA from July 25 to August 2, 2022 and issued a Form 483 with three observations

Softbank to divest 29 mn shares in Paytm via block deals on Thursday

Floor price set at Rs 555, 8% discount to last close

Swiggy announces sexual harassment policy for women delivery executives

If the reported offence is punishable by law then it will lead to the removal of customers from the Swiggy's platform

NMDC in talks to invest in lithium exploration companies in Australia

Investment would be voa NMDC's Perth-based arm, Legacy Iron Ore, which is already prospecting for iron ore, gold and base metals there

South Korea's KB Group invests $100 mn in Elev8 Venture Partners Fund

Financing will help Elev8 identify investment opportunities in Indian technology companies

Passenger vehicle sales could hit over 3.8 mn units in FY23: Tata Motors MD

The first half of FY23 was very strong for the PV industry with 'nearly 1.9 million vehicles', said Chandra who is also the Managing Director of Tata Passenger Electric Mobility Ltd

Meta India policy chief Rajiv Aggarwal joins Samsung in a tech policy role

Rajiv Aggarwal will take up the position, which entails liaising with and lobbying government officials on domestic policy matters, from December

Piramal Capital withdraws insolvency proceedings against Reliance Power

This follows an out-of-court settlement between both the companies over a Rs 526 crore loan default by Reliance Power and its subsidiary Reliance Natural Resources Ltd (RNRL)

Consultation paper on OTT framework to come next month, says Trai

The Department of Telecommunications has sought recommendations of the Trai to set up a legal framework for the over-the-top (OTT) apps that provide calling and messaging services

Thierry Bollore quits JLR, Adrian Mardell to take over as interim CEO

Bollore's sudden resignation after a two-year stint comes at a time when the UK arm is battling various headwinds including chip semiconductor even as the order book remains strong

Keystone Realtors' IPO gets tepid response, oversubscribed 2x

Retail portion just half covered; institutional investor and HNI portions subscribed 3.8x and 3x, respectively

TVS SCS extends contract with Dennis Eagle for UK aftermarket services

UK-based refuse truck manufacturer needed services for supplier management, stocking and sourcing

Coal India targets 50 MT sales through e-auction in second half of FY23

The coal behemoth had sold around 30 million tonne via e-auction in the first six months of the 2022-23 financial year

Indiabulls Housing embarks on growth path after three quarters of stability

IHFL's balance sheet and AUM have stabilised and the base has been formed for 10% YoY growth in loans this financial year

TVS Supply Chain Solutions secures new five-year contract from Dennis Eagle

Dennis Eagle manufactures vehicles for the collection of waste and its transportation to a waste disposal site

M3M enters Noida property mkt, to invest Rs 2,400 cr in mixed-use project

M3M India, which has a major presence in Gurugram, will be foraying into Noida property market through this project

Paytm pre-IPO investors seem not in a hurry to sell, say analysts

On Tuesday, 86 per cent of Paytm's shares became free to trade after end of lock-in period but that had a minimal impact on the stock

Social media platform Koo becomes second-largest microblog in the world

Koo is the only Indian microblog competing with other global microblogging platforms such as Twitter, Gettr, Truth Social, Mastodon, Parler and stands second (after Twitter) in terms of user downloads