Page 1834 - Company News

Maruti to enter mid-SUV segment to lift market share: Senior exec director

Leading automobile manufacturer Maruti Suzuki will consider the SUV segment as a key area to lift its overall market share in the country, a senior company official said

Reliance Jio 6th Anniversary: Check the plan, offers and benefits

Reliance Jio 6th Anniversary: India's biggest Internet service provider completes six years in the market. Read this detailed report on newly announced Jio offers, plans and benefits

Planet Scuba India ropes in CREST to manufacture dive equipment in India

The company will introduce CREST Diving to DRDO's DEBEL and will aim to make India an alternative to China as a manufacturer of dive equipment

Coal India aims to reach close to its production target of 306 MT in H1FY23

State-owned CIL said it will reach close to its production target of 306 million tonnes (MT) in the first half of FY23, provided its mining areas are not extremely affected by heavy rains this month

ITC to pursue 'asset-right' strategy for its hotel business: Chairman

According to Puri, the tourism and hotel industry is recovering after pandemic and the company will take the demerger process forward and explore alternate structure

Daalchini Technologies raises $4 mn Series A led by Unicorn India Ventures

Other participants in the round include Artha Venture Fund, former Dominos India CEO Ajay Kaul, and VSS Investco (investment vertical of Paytm CEO Vijay Shekhar Sharma)

Adani to build 3 giga factories in India as part of $70 bn green investment

Gautam Adani said his ports-to-power conglomerate will build three giga factories as part of a $70 billion investment in clean energy by 2030

Govt asks Sebi to ease public shareholding norms for IDBI Bank: Report

The Centre has reached out to Sebi seeking a relaxation period of two years in the minimum public shareholding norms for IDBI Bank after its privatisation

WAARE partners with SBI to finance projects for consumers, channel partners

WAAREE, India's largest Solar Panel manufacturer, has entered into an Agreement with SBI for availing unsecured financing for solar projects and providing working capital for Channel Partners.

Nayara Energy plans to shut its Vadinar refinery for maintenance from Nov 1

Indian refiner Nayara Energy, partly owned by Russian energy giant Rosneft, plans to fully shut its 400,000 barrels per day Vadinar refinery for about a month from November for routine maintenance

Twitter should put efforts in tackling bots, not in serving subpoenas: Musk

Tesla and SpaceX CEO Elon Musk on Wednesday said that Twitter should put more effort into tackling bots and spams on its platform and not in serving subpoenas to his friends

Google 'pro-competitive', says Sundar Pichai, sees vibrant tech market

Pichai made the remarks late Tuesday at the Code Conference in Los Angeles. He said the company is "pro-competitive" and named companies including Apple Inc. and Microsoft Corp. as competitors.

Apple breaks Meta-Google's ad monopoly with new iOS privacy changes

Apple Search Ads (ASA) joined the duopoly of Meta and Google at the top table of advertiser adoption as it grew adoption nearly four percentage points (year-on-year) to 94.8 per cent

Lindstrom increases capacity of Tamil Nadu unit, set to employ 100 people

With the expansion in operations, the Chennai unit is expected to employ about 100 people, Lindstrom Group, President and CEO Juha Laurio said

FMCG companies ramp up supply chains, marketing ahead of festive season

FMCG sales in August grew by 6.3 per cent sequentially, according to the latest data from Bizom. Sales had been declining for the previous three months

Ease of doing business and digitisation in India appeals to Adobe: CEO

Adobe Systems CEO Shantanu Narayen on Tuesday said that ease of doing business in India and digitisation appeal to the company

Biocon sells 5.4% stake in arm Syngene International for Rs 1,220 cr

Drugmaker Biocon divested a 5.4% stake in its research arm Syngene International for a little over Rs 1,220 crore through an open market transaction

Flipkart launches hotel-booking service, sees travel industry gaining

Flipkart Hotels will provide room bookings at 3 lakh domestic and international hotels. It will offer customers services like flexible travel and booking-related policies, and easy EMI options

Suzlon bags 180.6 MW energy project from Sembcorp's Green Infra Wind Energy

The project is located at Kanakagiribad, Bagalkot in Karnataka, and is expected to be commissioned in 2024

Kalpataru Power bags Rs 1,345 cr orders for pipeline, metro electrification

Kalpataru Power Transmission Ltd (KPTL) on Tuesday said the company and its international subsidiaries have secured new orders worth Rs 1,345 crore