Page 1844 - Company News

Peel Works to procure 100 EVs, replace delivery vehicle fleet to electric

B2B commerce player Peel Works is probably the first firm that is planning to replace its entire fleet of fossil fuel-based delivery vehicles with electric ones and procure 100 EVs in the first phase

GMR Infra to raise Rs 6,000 crore for cities around three airports

Group power company to raise Rs 3,000 cr separately

Could an Indian airline be in race for SriLankan Airlines stake buy?

Even if things improve, it would be hard to keep funding the airline's operations, as the airline has been bleeding money for a while.

Indian Oil raises Rs 2,500 cr in debt at interest lower than sovereign

Indian Oil Corporation raised Rs 2,500 crore in debt through non-convertible debentures at an interest rate lower than government bonds, its director (finance) Sandeep Gupta said

Analysts remain bearish on liquor companies despite Q1 volume gains

Raw material pressures and lack of pricing power key reasons for this view

Sharp rise in e-scooter registrations, penetration close to inflexion point

Ather Energy leads with a 4x increase in registrations in August; Hero Electric crosses the 10,000 mark once again, after a gap of over four months

NTPC Ltd receives 13 bids for minority stake sale in Green Energy arm

NTPC has doubled its plan for non-fossil fuel sources based power to 130 Gw by 2032 at an estimated investment of $30 billion

Accenture Ventures makes strategic investment in satellite startup Pixxel

Pixxel is building world's highest resolution hyperspectral imaging satellite constellation in order to offer AI-powered insights on climate issues at a fraction of the cost of traditional satellites

Shell's CEO Ben van Beurden prepares to step down next year: Reports

During his tenure van Beurden oversaw Shell's biggest acquisition in decades and steered the company through two major downturns

Adani utility firm eclipses India giants in value with a rise of 125%

Market value of Adani Transmission now beats India's LIC, Bharti, ITC

Nissan eager to leverage US tax credit on electric vehicles: Report

Tesla models, as well as the Ford F Series electric pickup, BMW X5 and the Jeep Wrangler plug-in hybrid are among the models that will be able to qualify for the tax credits

After decades of closure, ITC readies Nedou's hotel for launch in Srinagar

Nedou's have been the pioneers of the hospitality sector in Kashmir. They ran two properties in the Valley, one in Srinagar and the other in the Gulmarg ski resort

Starbucks Corp names former Reckitt head Laxman Narasimhan as new CEO

Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup

Adani Group responds to NDTV's letter, terms it as "misconceived''

For the record, Adani Group announced the indirect acquisition of 29.2 per cent in NDTV on August 23, along with an offer to buy another 26 per cent from the open market

Micron to invest $15 bn by 2030 on semiconductor plant in Idaho's Boise

Micron said locating the manufacturing plant at the company's operational headquarter will improve efficiency and help get products to market faster

CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit

The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd

Japan's Nippon Steel aims to almost double Indian unit's output capacity

The expansion plan comes despite a growing concerns about a slowdown in the global economy amid rising interest rates and weaker demand in top buyer China

Adani rejects NDTV contention that stake sale needs I-T Dept approval

Adani Enterprises said that the RRPR disclosure lacked bonafides and had no merit or basis either in law or in fact and was misconceived

Investment in cell manufacturing to exceed $9 billion by 2030: ICRA

'The annual battery demand for stationary applications is also likely to grow at a rapid pace and be substantial'

Volatility may be a good thing for investors considering Info Edge stock

Analysts bullish about holding company of popular websites like Naukri and 99acres despite value erosion of Zomato, Policybazaar, its investee firms