Page 2067 - Company News

ABB India expands Gujarat unit, to add traction motor plant for metro rail

Capacity pegged at 1,500 traction motors a year

Wyndham Hotels and Resorts to double its India properties by 2025

Govt's infra push and a buoyant domestic demand to boost hospitality sector, says the Wyndham's EMEA region head

Straw in the wind for tetra brands as govt denies relief on use of plastic

Companies have argued that there is no clear alternative to plastic straws and the government mandate on paper straws is unworkable

Three Adani group firms get $2 bn investment from Abu Dhabi's IHC

AGEL, ATL and AEL are market leaders in their sectors and form the Adani Group's green energy portfolio. The Capital will be used for expanding business.

SpaceX launches 3 visitors to space station for $55 million each

It's SpaceX's first private charter flight to the orbiting lab after two years of carrying astronauts there for NASA

IBBI reduces timelines for activities under voluntary liquidation process

According to an official release, it has been noticed that there has been a substantial delay in the completion of voluntary liquidation process

Ruchi Soya FPO investors gain 42% in under two weeks, shares end at Rs 925

The 66.15 million new shares issued in the FPO, which closed on March 30, commenced trading today

Current slowdown could be temporary, multiple long-term triggers in L&T

Q4 is expected to be soft and any corrections could offer a good entry in the stock

Uber to revive plan to onboard Mumbai's traditional 'kaali-peeli' on app

With only half the registered users active, it could still be a long haul

Switzerland-based SIG considering investment in packaging plant in India

After setting its local office in Gurugram in November 2017, SIG India's journey started with two customers - ITC and Coca Cola India

Kissflow to tap low code, no code biz, to set up offices overseas

The city-based company on Friday presented German luxury BMW cars to each of the five senior management officials who have been with the firm since inception

Housing finance major HDFC pares 3% stake in Bandhan Bank for Rs 1,521 cr

According to bulk deal data available with the BSE, Housing Development Finance Corporation (HDFC) sold a total of 4,96,32,349 shares, amounting to 3.08 per cent stake, of Bandhan Bank

Rohan Lifescapes to launch Rs 2k-cr Borivali redevelopment project shortly

Rohan Lifescapes has so far delivered 28 projects worth 6.5 million sqft of quality space, impacting 5,000 original families in them

Flipkart launches its first grocery fulfilment centre in Northeast

The facility will cater to grocery needs of customers in over 800 pin codes across Guwahati and neighbouring cities and towns

Drinks firms spooked as India refuses to exempt plastic straws from ban

Pepsi's Tropicana and Dabur's Real fruit juices, along with Coca-Cola's Maaza and Parle Agro's Frooti mango drinks are among the beverages sold in the small-pack format

Live video, audio calling platform Dyte raises $11.6 mn in seed funding

Dyte allows product & engineering teams to integrate live video into their apps to support innovative & interesting business use-cases.

UAE's IHC to invest $2 billion in three Adani Group's portfolio companies

International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group's portfolio companies.

BharatPe's Ashneer threatens legal action over comment against sister

In a letter written to BharatPe Board, Ashneer said that Sameer should be "immediately served a show-cause notice for his despicable public behaviour and immediately put on leave of absence

JSW Steel combined crude steel output grows 37%; FY22 production soars 38%

JSW Steel on Friday posted a combined crude steel production of 5.98 million tonne (MT) for the quarter ended March 31, 2022.

Drunk plane maintenance workers of airline, oil firm caught in crackdown

India in December revised guidelines to expand the universe of airport workers who would be subjected to breath-analyzer checks.