Page 1750 - Company News

L&T buys Japan-based Chiyoda's entire stake in JV LTC for Rs 75 cr

The buyout is likely to be completed by the end of next month, the engineering and construction conglomerate said in a regulatory filing

Jio Financial Services could become fifth largest fin service entity: Study

Reliance firm can disrupt payments business and become a threat to other fintech models, say analysts

Steel Strip Wheels to set up JV with Israel's Redler Technologies

The two companies have signed a memorandum of understanding for the same and will collaborate on EV controllers for two-, three- and four-wheelers

Glenmark Pharma inks settlement pact with Pfizer for cancer treatment drug

The Mumbai-based drug maker and its US-based unit have inked a settlement pact with drug major Pfizer Inc for Axitinib Tablets (1 mg and 5 mg)

OTT comms services should be licenced, compensate telecom firms: COAI

The association, as part of draft telecom bill, has given its suggestions on how OTT communications services should be defined, to ensure there is no ambiguity

43% Indian IT employees find moonlighting favourable, says report

Amid the growing debate on moonlighting, a new report has revealed that 43 per cent of employees in the Indian IT sector find moonlighting favourable

Bira 91 raises $70 mn from Japanese beer company Kirin Holdings

Premium beer company Bira 91 on Tuesday announced it has raised $70 million in Series D funding, led by leading Japanese beer firm Kirin Holdings

OPPO India partners with Skit.ai to launch AI voicebot for customer support

With this implementation, Skit.ai claims its Augmented Voice Intelligence Platform (AVIP) will respond to all OPPO customer queries after business hours, with instant responses and zero waiting time

AWS launches second infrastructure region in India, to support 48,000 jobs

The construction and operation of the AWS Asia Pacific (Hyderabad) Region is also estimated to add approximately $7.6 billion (Rs 63,600 crore) to India's gross domestic product by 2030

Top Headlines: Auto sector's electrification race, e-comm deal at WTO

Business Standard brings you the top headlines at this hour

EPTL, EPL conclude $2.05 bn transaction of port & power assets with AM/NS

Essar Ports & Terminals Ltd (EPTL) and Essar Power Ltd (EPL) concluded the $2.05 billion sale of captive ports and power assets to Arcelor Mittal Nippon Steel India Ltd (AM/NS)

Govt proposes guidelines to combat fake online reviews and ratings

Some companies have been criticised by consumers and industry experts for downplaying negative reviews, or accepting fake ratings, making the vetting process difficult for buyers

Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest

The company also said that Khambatta through his untiring efforts generated thousands of jobs - directly and indirectly

Hiranandani group to raise Rs 3,100 crore via debt for data centre biz

The company will maintain Rs 150 crore in interest service reserve account (ISRA)

EVs lead climate tech funding but more needed for niche solutions: Experts

Climate tech start-ups traditionally require longer gestation periods due to which the sector has not generated strong commercial returns recently

Delhivery cedes more ground, hits new low despite Q2 loss shrinking

Several brokerages bullish on the stock with target prices ranging between Rs 330 and Rs 700

11 e-commerce firms on board govt campaign to fight fake reviews

Firms to develop filtering & control tools and algorithms, verification and control processes

PSLV to launch Pixxel's hyperspectral imaging satellite on Saturday

The satellites are equipped to beam down up to 50 times more information with unprecedented detail, compared with other conventional satellites in orbit

Jubilant Foodworks to set up subsidiary in Nepal for Domino's Pizza biz

Food services company Jubilant Foodworks has received approval of its board to set up a subsidiary to run Domino's Pizza business in Nepal, the company said on Monday.

JK Paper to acquire Horizon Packs, Securipax Packaging for Rs 578 cr

Paper and packaging board company JK Paper on Monday said it will acquire Horizon Packs Private Ltd and Securipax Packaging Private Ltd in phases for about Rs 578 crore