Page 178 - Company News

TotalEnergies launches final phase of $27 bn Iraq energy project

The project aims to boost Iraq's oil, gas and power production, reduce imports from neighbouring Iran and lure back foreign investors

India at inflection point with huge AI opportunity: Tata Sons Chairman

"We are at an inflection point where we have an enormous opportunity to embrace AI to make a huge impact for our country," he said

Sanctions-hit Nayara Energy seeks govt help for refinery repair gear

Refineries typically shut roughly every four years for maintenance that can last 30 to 50 days. Nayara last shut its refinery for maintenance in November 2022

Ola Electric files PLI claim of Rs 400 crore, boosting financial prospects

As per industry sources, Ola has filed the claim with eligible sales of about Rs 3,000 crore for FY25, translating into an expected incentive of nearly Rs 400 crore

Sanctioned oil tanker Spartan nears Adani's Mundra Port in Gujarat

The Spartan, blacklisted by the UK and EU, is among the last sanctioned vessels to unload at Mundra after Adani Group's entry ban on such ships

TVS Motor, ALT Mobility partner to deploy 3,000 e-three wheelers in FY26

As part of the collaboration, TVS will provide vehicles, while ALT Mobility will procure, lease, and finance them through its ecosystem

Explained: How Google kept Chrome after its biggest antitrust showdown

The US court spared Chrome in Google's monopoly case, tightening rules on deals and data but stopping short of breaking up its massive ad business

Vantara gets clean chit in SIT report: 'In strict compliance with laws'

SIT headed by ex-Supreme Court judge Justice J Chelameswar finds facility in regulatory compliance; states allegations of mistreatment of animals, including elephants, are unsubstantiated

IndiGo to start 6 weekly direct flights on Athens route by early Jan 2026

The next-generation narrow-body A321 XLR is designed for longer ranges, allowing IndiGo to expand deeper into Europe, while maintaining the cost-efficiency of a single-aisle fleet

SBI, private banks' ₹13,483 cr Yes Bank stake sale to be 'tax-free'

SMBC's 20% stake purchase marks Japan's biggest bank's entry into India and the largest cross-border deal in the country's financial sector

Dutch tech investor Prosus scales up India AI play amid global headwinds

Dutch investor Prosus backs Arivihan, CodeKarma, and Deccan AI in quick succession, calling AI a central pillar of its India strategy as it plans multi-billion-dollar bets

At least 10 private equity suitors circle Balaji Wafers for 10% stake

Balaji Wafers in talks with global PE giants, eyeing up to 10% stake sale at ₹40,000 crore valuation; ITC lone FMCG suitor, IPO planned in 5-6 years

NTPC to set up nuclear projects on standalone basis, besides JV route: CMD

The company is collaborating with technology providers and state governments to explore individual nuclear projects, Singh has said

SpiceJet delays salaries of senior staff by 10-15 days, juniors unaffected

Employees earning up to ₹55,000 per month have received their August salaries, but higher-paid staff, mainly assistant managers and above, are experiencing delays of 10-15 days

Brookfield in talks to buy Yes! Communities from GIC in $10 billion deal

Reuters could not immediately verify the report. Brookfield Asset Management, GIC and Yes! Communities did not immediately respond to Reuters' request for comment

CCI seeks Apple's response to final probe report on App Store dominance

The antitrust regulator has also asked Apple to submit global and India financials for 2022-24 as part of its investigation into alleged abuse of dominance

IFC set to earn multibagger gains from Tata Capital's $2 billion IPO

International Finance Corporation (IFC) will offload 3.58 crore shares in the offering, exiting part of an early bet on Tata Capital's cleantech business made in 2011

Oyo's premium brand 'Sunday' to add 40 new upscale hotels in FY26

As part of its expansion strategy, Sunday Hotels is focusing on a mix of metro markets and non-metro cities, while also targeting tourism hotspots

Mercedes eyes best-ever festive sales, urges uniform road taxes for growth

Mercedes-Benz India MD noted that to help cost reduction measures trickle down to the end customer, some uniformity is required in road taxes

Sanctions leave Nayara struggling to secure non-Russian crude supplies

Nayara, which has already cut down the run rate of its 4,00,000 barrels a day oil refinery at Vadinar in Gujarat, remains heavily reliant on Russian barrels since August