Page 191 - Company News
Unilever 'will disproportionately' invest in India, says Fernandez
Unilever CEO Fernando Fernandez said India and the US will get disproportionate investments with focus on beauty, wellbeing and personal care under HUL's new leadership
 "Unilever 'will disproportionately' invest in India, says Fernandez")
Kaynes Semicon ties up 100% of capacity with global, Indian firms
Under the agreement, Infineon will provide Kaynes with the raw materials like bare dies or wafers, which Kaynes will process and package into finished chips for a commercial buyer
 "Kaynes Semicon ties up 100% of capacity with global, Indian firms")
Reliance's refining margins projected to stay strong compared to PSU peers
Company's Russian crude imports give it cost advantage, according to analysts
 "Reliance's refining margins projected to stay strong compared to PSU peers")
US immigration agents arrest hundreds in raid at Georgia Hyundai plant
immigration officials, making it the largest single-site enforcement operation in the US Department of Homeland Security's (DHS) history
 "US immigration agents arrest hundreds in raid at Georgia Hyundai plant")
Dassault Aviation to raise stake in Reliance Infrastructure JV to 51%
Firm to buy 2% shares for ₹176 cr
 "Dassault Aviation to raise stake in Reliance Infrastructure JV to 51%")
Usha Shriram enters FMCG with Aquaero water, eyes ₹1,000 cr sales in 2 yrs
Usha Shriram zonal manager (east) Rajarshi De said the brand has been launched in Kolkata before it is expanded to other eastern states
 "Usha Shriram enters FMCG with Aquaero water, eyes ₹1,000 cr sales in 2 yrs")
Google hit with $3.45 billion EU antitrust fine over adtech practices
The Commission said Google favoured its own online display technology services to the detriment of rivals and online publishers and that it abused its market power since 2014 until today
 "Google hit with $3.45 billion EU antitrust fine over adtech practices")
Qualcomm, BMW announce automated driving system for hands-free driving
The Snapdragon Ride Pilot driver-assistance system will debut in BMW's electric iX3 and offers hands-free highway driving, automatic lane changes and parking assistance, the companies said
 "Qualcomm, BMW announce automated driving system for hands-free driving")
Tata Motors to cut passenger vehicle prices by up to ₹1.45 lakh from Sep 22
The Mumbai-based auto major said that its small car Tiago will see a price drop of ₹75,000, Tigor ₹80,000, and Altroz ₹1.10 lakh
 "Tata Motors to cut passenger vehicle prices by up to ₹1.45 lakh from Sep 22")
Shriram Properties signs agreement for prime land in North Bengaluru
Shriram Properties has signed a joint development agreement for 6.5 acres in North Bengaluru, with a ₹500 crore GDV, to launch a premium residential project in the area
 "Shriram Properties signs agreement for prime land in North Bengaluru")
Vedanta beats Adani with ₹17,000 cr bid to acquire debt-ridden JAL
The bid value translates into Jaiprakash Associates' net present value of Rs 12,505 crore
 "Vedanta beats Adani with ₹17,000 cr bid to acquire debt-ridden JAL")
Sony India to pass on GST cut on TVs, expects up to 10% demand increase
Sony India is also stepping up its marketing activities and investments this Diwali season to capture and build on this positive consumer sentiment
 "Sony India to pass on GST cut on TVs, expects up to 10% demand increase")
OYO's Q1FY26 profit more than doubles to ₹200 crore, plans 1:1 bonus shares
The email, accessed by PTI, also mentions that the company's revenue grew 47% to ₹2,019 crore in the April-June period, from ₹1,371 crore in the year-ago period
 "OYO's Q1FY26 profit more than doubles to ₹200 crore, plans 1:1 bonus shares")
Rakesh Ranjan, former CEO of Zomato's food delivery business, exits company
Rakesh Ranjan exits Zomato's food delivery business following a restructuring; Aditya Mangla appointed as new CEO, with the next career move of Ranjan yet to be known
 "Rakesh Ranjan, former CEO of Zomato's food delivery business, exits company")
Girish Mathrubootham retires from Freshworks to focus on Together Fund
Mathrubootham has led the company since its inception in 2010 and spearheaded its initial public offering in 2021
 "Girish Mathrubootham retires from Freshworks to focus on Together Fund")
UBL aims for 30% growth in its premium segment every quarter: CEO
United Breweries is targeting 25-30% growth in its premium segment every quarter, with plans to expand capacity and outpace market growth in the beer industry, says CEO Vivek Gupta
 "UBL aims for 30% growth in its premium segment every quarter: CEO")
'No impact on RPower biz operations due to BoB's action against RCom'
In an exchange filing, Reliance Power said it is a separate and independent listed entity, with no business or financial linkage to Reliance Communications
 "'No impact on RPower biz operations due to BoB's action against RCom'")
Closely monitoring situation, says Indian Hotels on malware incident
Benares Hotels, a subsidiary of IHCL, also posted a similar regulatory filing on Friday, informing the stock exchanges regarding the IT security incident
 "Closely monitoring situation, says Indian Hotels on malware incident")
TCS to manage Odisha govt's AI-enabled integrated financial system
The company has been working with the state government since 2005, beginning with the integrated Odisha Treasury Management System
 "TCS to manage Odisha govt's AI-enabled integrated financial system")
Swiggy enters gifting market, unveils 'Giftables' ahead of festive season
Swiggy launches 'Giftables', a curated gifting service offering personalised gift options, delivered in under an hour, as quick-commerce firms race to expand offerings during the festive season
 "Swiggy enters gifting market, unveils 'Giftables' ahead of festive season")