Page 1993 - Company News

US-based Citigroup adds more capacity in its Chennai, Pune workspaces

US-based bank Citigroup Inc on Thursday said it has inaugurated two state-of-the-art workspaces in Chennai and Pune under its Citi Solution Centres network that would augment the capacity to serve

MG Motor, Castrol to join hands with Jio-bp over mobility solutions for EVs

Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol's existing auto service network to cater to EV customers

SankhyaSutra unveils 'Made in India' software for aircraft design

Reliance Industries Ltd had acquired an 83 per cent stake in SankhyaSutra Labs in 2019, with an investment of Rs 216 crore

Swiggy offers more benefits to subscribers of its premium membership

"The program now offers users unlimited free deliveries on food delivery from all restaurants as far as 10 km, and for orders starting at Rs 149 only," Swiggy said.

Chrome to soon block notifications from abusive, disruptive websites

Tech giant Google is reportedly working to cut down on the number of unwanted Chrome notifications that users receive, by blocking notifications from websites that the company deems to be "disruptive".

ONGC applies for mining license to discover oil fields in Samastipur, Buxar

Oil and Natural Gas Corporation (ONGC), citing possibility of crude oil fields in Buxar and Samastipur districts of Bihar, has applied for the petroleum exploration license before the state government

Knowledge Marine bags Rs 70-cr order from Dredging Corporation

Knowledge Marine and Engineering Works Limited has bagged a Rs 70 crore order from state-owned Dredging Corporation of India for capital dredging at Mangrol Fishing Harbours Phase III in Gujarat

Mittals looking to raise $2 bn to buy portion of Singtel stake in Airtel

As per a media report, Mittals are in talks with some major banks like BNP Paribas, Bank of America, Citibank, JPMorgan, and Standard Chartered to raise over $2 billion

Abu Dhabi looks to house more Indian startups in Hub71 ecosystem

The Emirate of Abu Dhabi is keen on housing more Indian startups in its 'Hub71' ecosystem after having already met with some successes, officials said.

Delhivery IPO: It was nerve-wracking, says CEO on taking the company public

Shares are now up 10% from Delhivery's debut, which Sahil Barua, the CEO, thinks signals solid appetite for risk in India's public markets despite a drop in financing from venture capital firms.

Small shoe firms in Agra squeezed by material costs, fading demand

Small firms, which employ about 110 million Indians and account for 45% of manufacturing, were hit the hardest

India Inc's profits rise 28% in March qtr, banks contribute the most

If one considers net profit after excluding financials, then growth falls to 19.1 per cent, lower than the 21.3 per cent in December

Lenders to consider loan settlement proposal of RFL: Religare Enterprises

Post RFL's OTS completion, it will have healthy prudential ratios, well above those prescribed by RBI

Vedanta, ONGC, Oil India submit bids for discovered small field auctions

26 companies submit 106 bids in DSF - III for which the last date of submission was May 31

Aditya Birla launches digital venture TMRW in fashion and lifestyle space

TMRW will create India's largest portfolio of disruptor brands in the fashion & lifestyle space and enable the next phase of direct-to-consumer growth in India

PE firm Lightspeed gets bid invite for Metro Cash & Carry's India ops

Lightspeed is the second PE fund approached by Metro AG, apart from Samara Capital, say sources

Indian automakers beat Covid woes as sales in May surpass 2019 levels

However, executives warn of rising inflation's impact on demand

Welspun Enterprises bags Rs 4,636-cr order from civic body BMC

This takes the outstanding order book of the company to around Rs 12,500 crore, of which Rs 6,500 crore is in the water sector and the balance Rs 6,000 crore is from the road sector, WEL said

PFC lists 300-million euro green bonds on Luxembourg Stock Exchange

PFC Chairman and Managing Director (CMD) RS Dhillon rang the bell at the listing ceremony held in GIFT IFSC Gujarat on Wednesday, the company said in a statement

Vedanta's panel of directors to consider raising up to Rs 4,100 cr via NCDs

Vedanta Ltd on Wednesday said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.