Page 2123 - Company News

Exide collaborates with China for lithium-ion cell manufacturing in India

Storage battery major Exide Industries has forged a multi-year technical collaboration with a Chinese company for lithium Ion battery manufacturing in India.

RattanIndia earmarks Rs 100 cr for drone biz foray through NeoSky India

RattanIndia Enterprises has forayed into the drone business in the country through its wholly-owned subsidiary NeoSky and expects the commercial rollout of products in the first quarter of 2023

Neelachal Ispat JV partners in share-purchase pact with Tata Steel arm

NINL is a joint venture of MMTC, NMDC, BHEL, MECON and 2 Odisha government PSUs - OMC and IPICOL

Delhi HC directs DMRC to pay Rs 4,600 cr arbitral award to DAMEPL in 2 mths

The Delhi High Court directed the DMRC to pay over Rs 4,600 crore of arbitral award along with interest to Delhi Airport Metro Express Private Limited (DAMEPL) in two equal installments in two months.

TRAI's order on port out facility needs no interference: Telecom tribunal

The telecom tribunal on Thursday ruled that TRAI's directive that enabled users to port out of their network via SMS request, "requires no interference"

IIFCL raises Rs 1,500 cr via 10-yr bond at 7.17%, including green shoe

Sources say SBI Pension Fund and EPFO were key investors in the "AAA" rated paper

BharatPe ready for preliminary govt probe, to comply with law, say sources

BharatPe has already conducted a thorough internal governance review via Alvarez and Marsal, a leading management consultant and risk advisory firm

Tata Power partners Enviro to install EV charging points in Gurugram

Electric-vehicle charging infra provider Tata Power has collaborated with Enviro - the facility management wing of real estate developer Vatika Group - to install 59 EV charging points

Kirloskar Ferrous takes over Indian Seamless for Rs 670 cr

The proceeds will be used towards a one-time settlement of ISMT's loans of about Rs 3,359 crore

Agribazaar launches remote sensing crop model to help in precision farming

Agribazaar added that it was offering remote sensing crop model for the first time in India, while it is available globally

Top headlines: 4-1 for BJP at polls; Morgan Stanley lowers Sensex target

Business Standard brings you the top headlines on Friday

CCI approves acquisition of L&T AMC by HSBC Asset Management

The L&T MF schemes will be managed and operated by HSBC AMC, and HSBC Trustee will be appointed as the trustee of the L&T Mutual fund

Curefoods acquires majority stake in milkshake brand Frozen Bottle

This is the 20th acquisition by Curefoods in two years

Reliance Industries sells CBM gas for over $23; HOEC gets $25

The firm had sought bids at a premium over the base of 13.2 per cent of Brent crude oil prices

Indian exporters on Amazon Global Selling platform cross 100,000 mark

Seller numbers up 30% YoY since Jan 2020; value of cumulative overseas shipments surpasses $3 billion

SC takes note of litigant's apology for frivolous cases against Azim Premji

The SC took note of unconditional apology of R Subramanian, who through various companies initiated a maze of frivolous litigations against Azim Premji and others

NMDC conducts e-auction of 8,337 carats rough diamonds from Panna mines

State-owned NMDC on Thursday said it has conducted an e-auction of 8,337 carats rough diamonds produced at its Panna diamond mines in Madhya Pradesh.

Zydus Lifesciences gets 3 observations from USFDA for Vadodara plant

Zydus Lifesciences on Thursday said the US health regulator has issued three observations after inspecting its Jarod (Vadodara) based manufacturing facility.

Game-streaming platform Loco raises Rs 330 cr in Hashed-led funding round

All investors from Loco's seed round, including Krafton, Lumikai, and Hiro Capital, also participated in this funding round

Reliance Retail terminates sub-lease of 950 Future stores

Billionaire Mukesh Ambani's Reliance Retail has slapped notices on Future Retail for terminating sub-leases of 950 stores it had taken over previously.