Page 214 - Company News

SoftBank invests $2 bn in Intel as chip giant hopes to revive fortunes

The shares of the chip giant lost 60% of their value last year as it could not gain traction in the artificial intelligence (AI) market, which is dominated by Nvidia

Games24x7 rolls out 3rd edition of TechXpedite accelerator programme

Games24x7 announces the third edition of its TechXpedite accelerator, offering support to early-stage startups in AI, gaming, sports, and inclusive technology.

Cola giants PepsiCo and Coca-Cola increase volume on select packs

PepsiCo India and Coca-Cola India boost volume on select packs while maintaining prices, ahead of the festive season and amid rising competition, say industry sources

Akasa Air completes fundraising, Premji Invest joins Jhunjhunwalas

Akasa Air completes $125 million fundraising, welcoming Premji Invest, 360 ONE Asset, and Claypond Capital, alongside the Jhunjhunwala family, to support its expansion and long-term growth

Ramco Cements eyes Rs 16K cr revenue in 5 years, launches Hard Worker brand

Ramco Cements aims for Rs 16,000 crore revenue in the next five years and launches the "Hard Worker" brand in construction chemicals, with a target to generate Rs 2,000 crore revenue in the segment.

Cement demand to benefit from govt's manufacturing, infra push: Birla

UltraTech Cement Chairman Kumar Mangalam Birla says cement demand will grow on the back of government's focus on manufacturing, infrastructure projects, housing, and policy support

Nathealth calls for GST input slab for healthcare to be capped at 5%

Nathealth urges the government to cap GST input slabs for healthcare at 5% and allow input credits, citing rising embedded taxes that increase costs for providers and patients

Potential to upgrade rating of Reliance Industries, says S&P Global Ratings

The rating agency could however lower the rating if Reliance's capital expenditure, including acquisitions in digital or retail businesses

R for Rabbit raises $27 million in Series B funding to scale baby care

R for Rabbit raises $27 million in Series B funding led by Filter Capital and co-led by 3one4 Capital to scale growth, expand omnichannel distribution, and drive product innovation in baby care

Schmitz Cargobull acquires 27.5% stake in India's SZIT for cold chain

European semi-trailer maker Schmitz Cargobull AG acquires 27.5% in Sub Zero Insulation Technologies, expanding its presence in India's growing refrigerated transport sector

Kilburn Engineering signs pact with Komline-Sanderson for global projects

Kilburn Engineering will manufacture dryers and provide engineering services under a definitive agreement with Komline-Sanderson, boosting its global presence

Hindustan Zinc to expand into uranium mining if govt allows, says CEO

Hindustan Zinc is also looking to begin mining rare earth minerals in India, having won its first such block in the northern state of Uttar Pradesh earlier this year

Coal India inks pact with Konkan Railway Corp Ltd to develop rail infra

The non-binding memorandum of understanding (MoU) was signed between both companies in Kolkata

NARCL places Rs 631-cr anchor bid for BGR Energy stressed debt auction

NARCL has bid Rs 630.67 crore to acquire over Rs 3,500 crore of stressed debt of BGR Energy Systems via a Swiss challenge auction, offering lenders 18 per cent recovery

Fusion Finance eyes Rs 200 cr recovery from stressed assets in 12 months

Fusion Finance plans Rs 200 crore recovery from stressed assets, redeploys staff for collections as NPAs ease and new customer share to rise by FY26

Reliance Infrastructure bags NHPC's Rs 4,000-crore solar-battery project

The company received NHPC's 390 megawatt solar power project and 780 megawatt-hour battery energy storage system

Inox Wind sells ₹175 crore stake in EPC arm at ₹7,400 crore valuation

Inox Wind's large and well-diversified orderbook of 3.1 GW, with a healthy order inflow pipeline, provides strong revenue visibility for IRSL

Reliance Infra bags NHPC order for 390 MW solar project, 780 MWhr BESS

Once commissioned, the platform will add 700 MWp of solar DC capacity and 780 MWhr of BESS capacity to Reliance Group's portfolio

Apple rings up record run in India's phone exports amid US tariff threat

Apple Inc has led the charge despite concerns that it might slow its expansion in India. Its iPhone exports rose 63 per cent to $7.5 billion in April-July this year, compared with $4.6 bn a year ago

Escorts Kubota to set up ₹4,500 crore tractor manufacturing plant

Under the project, Escorts Kubota will invest ₹4,500 crore and create employment for 4,000 people in a phased manner