Page 1965 - Company News

RE capacity hits 2 GW with operation of Floating Solar project: NTPC

Spread over a 480-acres reservoir, this floating solar project would generate electricity from more than 3 lakh solar PV modules

Dr Reddy's acquire Eton Pharma's injectable products for $50 million

Under the terms of the agreement, Dr Reddy's acquired the Eton portfolio for an upfront payment of approximately USD 5 million in cash, besides contingent payments of up to USD 45 million

Amazon Prime Video partners with AMC Networks for content in India

Amazon Prime video will provide access to advertisement-free subscription service AMC+ and AMC's streaming service Acorn TV on Prime Video Channels in India on a subscription basis

Go First announces triweekly direct flights between Kochi and Abu Dhabi

The inaugural Go First flight G8 063 will depart on June 28 from Cochin International Airport at 8.05 PM (local time) and will arrive at Abu Dhabi International Airport at 10:40 PM (local time)

World MSME Day: Oyo announces special 60% discount for small businesses

Approx 2,000 properties across the country will be covered under this scheme

Govt issues new ad for chief of oil regulator PNGRB, vacant since Dec 2020

It sought applications by July 21 from those who fulfill the qualifications and are not more than 62 years of age, according to the advertisement.

Raymond aims to be net debt-free company in next 3 years, says report

Diversified group Raymond aims to be a net debt-free company in the next three years and is focused on liquidity management through cost reduction initiatives and working capital optimisation

EV startup Mecwin India to set up Rs 50 cr manufacturing plant in Bengaluru

Electric vehicle startup Mecwin India on Friday said it is going to invest Rs 50 crore for setting up a manufacturing plant here for EV motors and controllers

Indian Oil expects prices to stay over $100/bbl in 2022 amid Ukraine crisis

An Indian Oil finance executive said on Friday he expects oil prices to hold above $100 per barrel for the rest of 2022 amid the Ukraine crisis

India facing 'probably the most difficult economic situation': HUL chairman

I remain confident that as a country, we will be able to navigate through this crisis there: HUL Chairman Nitin Paranjpe

Accenture beats estimates to post $16.16-bn revenue in Mar-May quarter

Accenture follows a September-August financial year. Third quarter represented period from March-May 2022

Lenders await fate of Piramal, 63 Moons Tech litigation in top court

Piramal had appealed against the National Company Law Appellate Tribunal (NCLAT) order directing DHFL's lenders to reconsider their decision on the valuation of the financial firm's fraud accounts

India's GSAT-24 satellite launched, entire capacity leased to Tata Play

GSAT-24 is a 24-Ku band communication satellite weighing 4180 kg with pan-India coverage for meeting DTH application needs

PM Modi meets Foxconn chief, hails manufacturing plans for India

Foxconn's EV manufacturing arm, Foxtron, is planning to set up manufacturing plants at various locations in southeast Asia, including India

Macrotech Developers enters B'luru; eyes Rs 1,200 cr sales from 1st project

Realty major Macrotech Developers Ltd announced its entry in the Bengaluru market and has formed a joint venture to develop its first housing project with an estimated sales bookings of Rs 1,200 cr

Sequoia India's Surge programme extends seed fund range up to $3 million

Surge startups have collectively raised over $1.5 billion in follow-on rounds

Chaayos raises Rs 414 crore funding; plans business expansion, hiring

The company said the funding round was led by Alpha Wave Ventures with participation from all existing investors -- Elevation Capital, Tiger Global and Think Investments

Spandana Sphoorty-Reddy settlement clears way for announcing FY22 results

Padmaja Reddy resigned from her position as the managing director of the company on November 2, 2021. Subsequently, certain disputes arose between Reddy and the board

HC rejects Dish TV plea against YES voting rights, says no case made out

A bench led by Justice GS Patel and Justice MJ Jamdar said World Crest Advisors, Dish TV promoter group entity, had not made any case in its plea against YES Bank, and was dismissing the appeal

Vodafone Idea to take 4-year reprieve on Rs 8,837-crore AGR dues

Has option to convert interest on deferred amount into additional equity to govt