Page 215 - Company News

RITES targets ₹10,000 crore order book by FY26, eyes private sector growth

RITES ended FY25 with ₹8,800 crore in orders and aims for ₹10,000 crore by FY26, focusing on execution, private sector projects, and exports to West Asia and Latin America

Table Space leases 5.34 lakh sq ft in Gurugram, to sublease to Google

The space is in Tower 2 of Intellion IT Park, a commercial project developed by Tata Realty's Mikado Realtors. The project is located in Golf Course Extension, near Sector 59, Gurugram

Gupta lawyers fail to appear for London hearing in Trafigura fraud case

Gupta has said in his defence that Trafigura staff devised the scheme at the centre of the case to substitute low-value materials such as scrap for high-grade nickel

JSW Steel, South Korea's Posco sign pact for steel plant in India

Both the steel makers signed non-binding heads of agreement (HoA) in Mumbai, according to a joint statement issued by the companies on Monday

Apple rents 270K sq ft office space in B'luru, to pay ₹1K cr in 10 years

Apple India signs a 10-year lease for 2.7 lakh sq ft office space in Embassy Zenith, Bengaluru, with a total rental outlay of Rs 1010 crore, marking its second office in India's tech hub

Vodafone Idea eyes non-banking sources to fund capex cycle in short term

'Confident of solution to AGR', says outgoing CEO Akshaya Moondra

Amazon India hires 150,000 seasonal workers ahead of festive demand surge

Amazon India has created over 150,000 seasonal jobs across 400 cities to gear up for the festive shopping season, expanding initiatives for women, PWDs, health and associate welfare

Adani urges India's youth to fight for tech freedom amid AI competition

Terms the challenge the second freedom struggle amid AI competition

MTNL loan defaults rise to ₹8,659 cr; total debt climbs to ₹34,577 cr

State-run telecom operator MTNL owes seven PSU banks; the bulk of its debt lies in sovereign-guaranteed bonds

Reliance Consumer Products acquires majority stake in Naturedge Beverages

Its flagship offering, Shunya, is herb infused functional packaged beverage with zero-sugar and zero calories and has Indian herbs like ashwagandha, brahmi, khus, kokum and green tea

Swiggy partners with Bounce to roll out e-scooters for delivery fleet

Swiggy partners with Bounce to deploy e-scooters for delivery partners, starting in NCR and Bengaluru, to lower costs and reduce carbon footprint of last-mile deliveries

LIC launches nationwide campaign to revive lapsed insurance policies

LIC has launched a campaign from August 18 to October 17 to revive lapsed individual policies, offering up to 30 per cent concession on late fees with caps based on premium size

Hindustan Zinc to invest ₹3,823 cr to build tailings reprocessing plant

The new plant, with a capacity of 10 million tonnes per annum (mtpa), is targeted for completion within 28 months. The company plans to double its production capacity

Airtel network down in Delhi, users face trouble making and receiving calls

The network service tracking website Down Detector showed that the complaints about the Airtel network started around 3.30 pm and peaked about an hour later

Tips Music acquires Studio Radha's full catalogue to expand into Gujarat

Tips Music has acquired Studio Radha's catalogue of over 4,000 devotional, folk and cultural songs to expand into Gujarat's music heritage and strengthen its regional portfolio

IBM opens Mumbai client centre to support Maharashtra's quantum push

The company has signed a Letter of Intent with the Maharashtra government to explore opportunities in quantum ecosystem development and talent building

Alembic gets USFDA's approval for generic acne drug Tretinoin Cream

The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Retin-A Cream, 0.025 pr cent, of Bausch Health US, LLC

IHCL signs agreement with Madison for 10 new hotels in South India

The ten new hotel sites will primarily be greenfield and brownfield projects, and this partnership has commenced with the signing of a 75-key Ginger hotel in Genome Valley in Telangana

Paradeep Phosphates eyes ₹1,500 cr expansion to double market share by FY26

The PPL's expansion strategy centres on the amalgamation of Mangalore Chemicals & Fertilizers Ltd (MCFL), expected to close in the third quarter of the current financial year

Nikhil Kamath invests ₹137.5 crore in Goldi Solar to expand capacity

Zerodha co-founder Nikhil Kamath invests ₹137.5 crore in Goldi Solar, supporting its expansion into solar cell manufacturing and capacity growth in renewable energy