Page 1838 - Company News

Made in India iPhones to be 5-7% of Apple's global supply this year

As Apple gears up for the launch of iPhone 14 on September 7, its plants in India are also gearing up to manufacture more of these phones to contribute more to Apple's global supply

B2B food processing start-up Suite42 raises $4.3 mn in seed funding

Suite42 says its technology helps clients to make fair price discovery, reduce processing cost

Will Reliance's FMCG entry be another Nirma moment?

Reliance Industries' entry in the FMCG sector will heat up competition in the space dominated by the likes of HUL, ITC, Nestle India and Patanjali. Will Reliance be a disruptor in this segment too?

Binesh Kumar Tyagi takes over as CMD Shipping Corporation of India

Under Ministry of Ports, Shipping and Waterways, SCI is the largest shipping company in India

REC seeks shareholders' nod to raise up to Rs 75,000 cr via bonds

The annual general meeting (AGM) of shareholders is scheduled for September 16, 2022

Sameer Khetarpal joins Jubilant FoodWorks as CEO, managing director

During his 25 year-long career, he has worked in e-commerce and management consulting

Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Debt will be used for settlement and discharge, acquisition and restructuring of financial instruments, says company

Tata Motors rolls out India's first CNG-powered truck in M&HCV segment

The CNG models are powered by the 5.7-litre SGI engine generating peak power of 180hp and torque of 650Nm, come with a modular architecture and offer a range of up to 1,000 km

HOP Electric to establish 60-acre EV park in Neemrana: CEO Mehta

Company will raise money for the project by taking debt and through equity sale, he says

Ford India offers final severance package for Chennai unit employees

It is on average equivalent to 130 days of gross wages per completed year of service, firm says

Intense competition may shrink margins of gold loan firms, says S&P

Manappuram, Muthoot not facing refinancing challenge yet

HAL-L&T consortium bags Rs 860-crore Isro contract for five PSLVs

Isro has been providing satellite launch services since 1990 through the PSLV, launching 319 customer satellites from 33 countries

RIL's current investment cycle less aggressive, says Morgan Stanley

Brokerage says this will reduce the cost of the company's equity, raises price target on stock to Rs 3,085

Metal sector: Investors should brace for a difficult Q2; H2 could be better

Metal spreads may not yet have bottomed out with guidances indicating Q2' FY 2022-23 may see lower profitability

Gautam Adani is searching for new group M&A chief, says report

Vinod Bahety, who's been helming Adani Enterprises Ltd.'s M&A activity, will move to a new business vertical and a formal announcement could come as soon as this month

SC provides relief to Adani Ports in connection with bidding process

Sector experts feel the court has cleared the air on an issue which saw multiple stands from high courts across the country

Narayana Hrudayalaya to acquire Bengaluru-based orthopedic, trauma hospital

The unit generated operational revenues of over Rs 49 crore in the last fiscal

CCI clears PayU's $4.7 billion BillDesk acquisition after a year

BillDesk, founded in 2000, is an Indian success story and one of the leading payment businesses in the country

RRVL goes on a shopping spree; aims to strengthen its FMCG play

The company is also in initial stage talks with SG Corporates for Bindu Beverages as it looks to strengthen its FMCG play

Sembcorp Industries sells India unit to Tanweer Infra $1.47 billion

By 2025, Sembcorp aims to quadruple its gross installed renewable energy capacity to 10 Gw