Page 2202 - Company News

L&T Technology Services wins $45 million EV Deal from US Auto Tier 1

L &T Technology Services has won $45 million in EV Deal from US Auto Tier 1

Power Finance Corp, REC cut lending rates across all types of loans

State-run non-banking financial firms -- Power Finance Corporation and REC Ltd -- have reduced their lending rates across all types of loans by 40 basis points

threedots raises $4 mn in seed funding round led by Kalaari Capital

threedots app offers users a daily dose of financial news and a finance centric community apart from stock investing

Reliance Jio topples BSNL as largest fixed line broadband provider

In about two years of commercial roll out of its fixed-line broadband services, Reliance Jio has toppled 20 -year-old state-run telecom company BSNL as top service provider in the segment

CredR to invest $15 million to expand used two-wheeler business

Used two-wheeler buying and selling platform CredR on Wednesday said it will invest $15 million in 2022-23 to expand its business

Indian Energy Exchange divest 4.93% equity stake to Indian Oil Corp

India Energy Exchange on Wednesday announced divesting 4.93 per cent equity stake to India's largest oil company Indian Oil Corporation.

AT&T, Verizon to delay launch of some new 5G after airlines raise alarm

AT&T and Verizon will delay launching new wireless service near key airports after the nation's largest airlines said the service would cause massive flight disruptions

POSCO makes a power move: Can steel major be fifth-time lucky in India?

The agreement with the mighty Adani group offers the South Korean giant a fifth shot at setting up an integrated steel plant in India

Power sector stocks may continue to shine as economic activity recovers

Improving earnings prospects led by higher volumes and easing supplies augur well

Street positive on Tech Mahindra's 310 million Euro acquisition

The deal will boost its digital and engineering R&D capabilities in BFSI space

Max Healthcare to invest $450 mn over next 4 years to double India capacity

The investment will help boost capacity at existing hospitals as well as augment the firm's land holdings further, according to Soi.

NCLT adjourns Jio's petition seeking RCom's forensic audit reports

Lenders awaiting RCom's debt resolution since May 2018

Twin Star Technologies moves SC against NCLAT stay in Videocon case

The petitioners have pointed to the fact that the NCLAT order is contrary to previous Supreme Court judgments

HCL Tech to hire 40,000-45,000 freshers for FY23 to meet attrition threat

Is also paying higher increments and retention packages, expanding to tier 2&3 cities and other geographies

Nazara Technologies acquires majority stake in Datawrkz for Rs 124 cr

Gaming and sports media company Nazara Technologies on Tuesday said it will acquire a 55 per cent stake in programmatic advertising and monetisation company Datawrkz for about Rs 124 crore.

Piyush Arora to succeed Boparaias as Skoda Auto Volkswagen India's new MD

Arora will be responsible for expanding the Volkswagen Group's business in India, including the recent INDIA 2.0 project of the brands Volkswagen and SKODA

TCS title sponsor of Toronto Waterfront Marathon and Virtual Race till 2026

TCS and CRS aim to modernise marathon running in Canada with a new race app that will offer a unique calculator to enable runners to track and offset their environmental impact

Tata Motors to increase passenger vehicle prices from January 19

Tata Motors on Tuesday said it will increase prices of its passenger vehicles by an average of 0.9 per cent with effect from January 19, in order to partially offset the impact of rise in input costs.

Jio adds 2.01 mn users in November, Bharti Airtel 1.3 mn as per TRAI data

Vodafone Idea continues to lose customers and in November its subscriber base shrank by 1.8 million

Metro Brands expects sales growth to moderate amid third Covid wave

Traffic at its stores impacted due to restrictions in third wave