Page 181 - Company News

TCS launches chiplet-based services to boost semiconductor innovation

These services are intended to help semiconductor firms create faster and more efficient chips, while also making next-generation chip design more accessible to customers

Skoda to focus on India to drive growth, avoid over-reliance on Europe: CEO

The company, which is driving the Volkswagen Group's business in India, is preparing for a "big game" in the battery electric vehicles segment in the country

Zupee to lay off 170 employees after ban on money-based online games

Gurugram-based company latest to trim team, says it will focus on social games and entertainment products

Biocon inaugurates first manufacturing facility in New Jersey's Cranbury

Biocon acquired the Oral Solid Dosage (OSD) facility from Eywa Pharma Inc in 2023 and has since invested over $30 million to establish a plant with an annual production capacity of 2 billion tablets

H&M marks 10 years in India with launch of new beauty product line

H&M is launching its beauty line in India on October 2 with 200 products across make-up, fragrances, and beauty tools as it marks 10 years of operations in India

Amazon expands 10-minute delivery service in quick-commerce push

E-commerce giant opens over 100 micro-fulfillment centers across three Indian cities to compete with local rivals Blinkit and Zepto in fast-growing instant delivery market

ICICI Bank, Amazon Pay renew partnership for co-branded credit cards

ICICI Bank and Amazon Pay have extended their co-branded credit card partnership for seven years, lowering forex markup and continuing unlimited cashback rewards

Adani bid to end bribery case stalls amid volatile US-India relations

Progress Adani's representatives had been making with American officials has faltered in recent months as the US and India have clashed on several issues

Dr Reddy's signs pact with J&J to acquire vertigo treatment brand

The acquisition presents a strategic opportunity for the Hyderabad-based drug firm to expand its footprint in the anti-vertigo space as well as strengthen its Central Nervous System (CNS) portfolio

HMSI to cut model prices by up to ₹18,800 to pass on GST rate cut benefit

The company will pass on full benefits of the recent GST rate reduction to its customers across its product portfolio, the company said in a statement

Forum Malls to expand in India with 14 new centres, eyes festive rush

The firm, which operates 11 malls, including eight with Nexus, is doubling down on metro cities and plans to open the centres across Delhi, Mumbai, Bengaluru, Chennai and Hyderabad

Medusa Beverages projects ₹250 cr FY26 revenue, 4% beer share by 2030

Medusa Beverages projects Rs 250 cr revenue in FY26, plans Rs 150 cr fundraise, brewery expansion, South India entry, kegging rollout and possible IPO in coming years

Cotec Healthcare files draft papers with Sebi to raise funds through IPO

The company proposes to utilise proceeds from the fresh issue worth Rs 226.25 crore for setting up anew project aimed at enhancing existing manufacturing capacities

ACME Solar secures ₹3,892 cr project funding for 400 MW FDRE project

The FDRE project is being developed in Barmer, Rajasthan and is contracted with NHPC at a tariff of ₹4.64/Unit

Adani Power wins additional 800 MW LoA from MPPMCL, total at 1,600 MW

The project is expected to generate direct and indirect employment of around 9,000-10,000 during the construction phase

Sunil Mittal's family office walks away from Haier India stake-buy talks

Sunil Mittal's family office pulled out of Haier India stake talks as valuation gap widened; Haier may consider IPO as Chinese firms trim India presence

Tega Industries, Apollo Funds to buy Molycop in $1.5 billion deal

Molycop, on the other hand, is a supplier of grinding media to the mining industry, with a focus on the manufacture and sale if grinding media and chemicals for use in both SAG mill and ball mills

Any tweak in US student visa policy may dent biz: Yatra CEO Shringi

Corporate travel spike and pro-travel govt policies likely to come as a boost

Deloitte US asks India employees to return to office two days a week

The new rule becomes effective starting Oct. 1 for employees at the firm's seven offices that help clients or provide back-office support across the South Asian country

IDBI Bank again files insolvency plea against ZEEL for over ₹225 cr default

IDBI Bank moves NCLT against ZEEL over ₹225 crore default claim; ZEEL terms plea "malicious" as earlier applications were dismissed by NCLT and NCLAT