Page 223 - Company News

KICL forays into value footwear market with Zodiz and Jeetlo acquisition

The brands cater to the price- and quality-conscious mass market, offering products below Rs 1,000 per pair - a segment that accounts for nearly 80 per cent of total Indian footwear consumption

Leadership, talent strategy to drive Tech Mahindra's global ambition: CEO

The company has appointed new leaders for several verticals and elevated internal senior employees between August 2023 and June 2025 to lead key divisions at the organisation in global roles

India's Nayara Energy ships out first gasoline exports since sanctions

Oil tanker Tempest Dream, carrying about 43,000 metric tons of gasoline, sailed out on August 4, according to the sources and shipping data

Torrent Electricals to invest over ₹1,000 cr in housing wire segment

According to industry reports, the domestic wire and cable market size is estimated at $21.22 billion in 2025 and is projected to grow to $32.85 billion by 2030

Amazon Web Services bets big on India's talent in the global AI race

Amazon Web Services is investing $12.7 billion in India, banking on its developer base and infrastructure to shape the future of artificial general intelligence

Indian Energy Exchange logs record trade volume of 12,664 MUs in July

A total of 16.26 lakh Renewable Energy Certificates (RECa) were traded during the month, an IEX statement said

SUN Mobility rewires old scooters for a green electric second life

Retrofit push targets India's 200 million ICE scooters; eyes expansion in Africa and Southeast Asia

Swiggy targets office goers with newly-launched category 'DeskEats'

The customers can access offering by searching for "Office" or "Work" to find a collection of nearly 700,000 food items from across 200,000 restaurants live on platform, company said in a statement

JSW Steel, JFE to invest ₹5,845 crore in expanding electrical steel output

JSW Steel and JFE Steel Corporation will jointly invest Rs 5,845 crore to expand the production of grain-oriented electrical steel (GOES), supporting India's green energy transformation

Vietnamese auto major VinFast inaugurates EV assembly unit in Thoothukudi

The plant was inaugurated by Tamil Nadu Chief Minister M K Stalin. VinFast Tamil Nadu is the company's third operational plant and the fifth project in its global manufacturing network

JLR appoints PB Balaji as CEO; Adrian Mardell to retire in December

Jaguar Land Rover appoints P.B. Balaji as CEO, effective November 17, 2025, following Adrian Mardell's retirement after 35 years at the company, including three years as CEO

Tata Sons-backed Tata Capital files updated draft papers with Sebi for IPO

Tata Capital files updated draft red herring prospectus with Sebi for its IPO, with Tata Sons to sell 230 million shares. The listing is mandated by the RBI by September 2025

Bharti Airtel launches sovereign cloud platform to power Indian telcos

The telecom major will now compete with US players like Microsoft, Amazon Web Services, and Google

Tesla's brand loyalty collapsed after Musk backed Trump, shows data

That industry-leading brand loyalty rate started to nosedive in July, that data showed, when Musk endorsed Trump following an assassination attempt in Pennsylvania on the Republican nominee

Elon Musk gets $29 billion stock award from Tesla under interim pay plan

The move follows a 2024 ruling by a Delaware court that invalidated Musk's 2018 compensation package-worth more than $50 billion-on the grounds that the Tesla board's approval process was flawed

One board seat can't alter company's course: Sona MD Vivek Vikram Singh

Sona BLW MD Vivek Vikram Singh dismisses concerns over a new director's appointment, stating it does not affect the company's functioning or growth

DLF aims to cross ₹10,000 cr rental income from commercial assets: Chairman

At present, the DLF Group has an annuity portfolio (primarily office complexes and shopping malls) of around 46 million sq ft with an annual rental income of over ₹6,000 crore

SC stays Textbook Edu's plea against Google in billing policy case

The Supreme Court stays a Madras High Court ruling that had dismissed Google's plea in the case concerning Textbook Edu's challenge to Google's user choice billing policy

Boeing addresses labour strike amid attempt to revive its reputation

Boeing, once a beacon of US manufacturing and the gold standard in the global aircraft industry, has been rocked by fatal crashes, investigations and changes in leadership

China's Ant Group plans exit from Paytm with ₹3,800 cr share sale: Report

China's Ant Group to fully exit Paytm with ₹3,800 cr stake sale at ₹1,020 per share, following earlier exits by SoftBank and Berkshire Hathaway