Page 2264 - Company News
Dairy giant Amul to set up Rs 500 crore plant in Telangana
The plant will come up in a special food processing zone with an investment of about Rs 300 crore in first phase and Rs 200 crore in second phase.
 "Dairy giant Amul to set up Rs 500 crore plant in Telangana")
Funds totalling Rs 24,000 cr lying unutilised with Sebi: Sahara
Sahara maintained that more than 95 per cent of its bondholders investors have already been repaid
 "Funds totalling Rs 24,000 cr lying unutilised with Sebi: Sahara")
RBL Bank depositors protected, unanswered questions remain: AIBEA
'Section 45 of the Banking Regulation Act gives the depositors the necessary protection'
 "RBL Bank depositors protected, unanswered questions remain: AIBEA")
NTPC receives Rs 135 cr interim dividend from JV firm
State-owned NTPC Limited on Wednesday said it has received around Rs 135 crore as interim dividend from a joint venture company.
 "NTPC receives Rs 135 cr interim dividend from JV firm")
Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune
The facility, for which the work has already commenced, will have the capacity to produce 500,000 electric vehicles a year
 "Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune")
Amara Raja to invest in Europe-based EV battery maker InoBat Auto
The initial investment will give the company a key foothold in the thriving European EV ecosystem
 "Amara Raja to invest in Europe-based EV battery maker InoBat Auto")
Flipkart tops Fairwork India Ratings 2021, Urban Company comes in second
Flipkart is followed by Urban Company, Asia's largest home services marketplace and Tata-owned online grocer BigBasket.
 "Flipkart tops Fairwork India Ratings 2021, Urban Company comes in second")
GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest
GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories.
 "GlobalBees enters unicorn club with $111.5 mn funding led by Premji Invest")
NTPC plans to rope in strategic investor for its clean energy arm NREL
State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd ahead of its listing on bourses in October 2022, according to a senior official
 "NTPC plans to rope in strategic investor for its clean energy arm NREL")
Apple puts India iPhone maker Foxconn on probation for labour violations
Foxconn, which uses the facility to assemble iPhones among other gadgets, apologized for the lapses in health standards and pledged to revamp its management and operations in the country
 "Apple puts India iPhone maker Foxconn on probation for labour violations")
Deja vu for retail industry; Covid uncertainties may roil recovery in 2022
Just after recovering from the devastating pandemic blows this year, the Indian retail industry is once again staring at uncertain times with localised restrictions back in many places
 "Deja vu for retail industry; Covid uncertainties may roil recovery in 2022")
Ola Electric to have 4,000 EV charging points in 2022: CEO Bhavish Aggarwal
As part of its ambitious charging infrastructure goal, Ola Electric will install more than 4,000 charging points for its electric scooters across cities in next year
 "Ola Electric to have 4,000 EV charging points in 2022: CEO Bhavish Aggarwal")
Foxconn's dorms for India workers do not meet Apple standards: Spokesperson
Apple found that some of the remote dormitory accommodations and dining rooms being used for employees at its supplier Foxconn's plant in southern India do not meet its standards, a spokesperson said
 "Foxconn's dorms for India workers do not meet Apple standards: Spokesperson")
Foxconn Group to restructure management at India iPhone plant
Apple supplier Foxconn Group on Wednesday said it was restructuring its local management at its Sriperumbudur facility in southern India after it found some issues at its offsite dormitory facilities
Korean bio 'Big 3' Samsung, Celltrion, SK to expand businesses in Songdo
Three Korean bio companies called 'Big 3,' including Celltrion, Samsung Biologics, and SK Bioscience, are expected to gather in Songdo Bio-cluster
 "Korean bio 'Big 3' Samsung, Celltrion, SK to expand businesses in Songdo")
Hyundai Engineering completes construction of GTL plant in Uzbekistan
Hyundai Engineering announced on the 28th that it has completed construction of GTL (Gas-to-Liquid) plant worth $2.62 billion (about 3.1 trillion won) in Uzbekistan.
 "Hyundai Engineering completes construction of GTL plant in Uzbekistan")
What's ailing Kitex, the world's second-largest infant garments brand?
A Christmas bash at Kitex Garments in Kochi took a violent turn. The company owner alleged that it was a ploy to shut down the factory. Take a peek into the crisis as it acquires political overtone
 "What's ailing Kitex, the world's second-largest infant garments brand?")
IndusInd Bank, NPCI join hands to offer cross-border payments through UPI
IndusInd Bank has signed an agreement with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances through UPI
 "IndusInd Bank, NPCI join hands to offer cross-border payments through UPI")
Textile and apparels firm Raymond incorporates new firm for real estate biz
TXRL has been incorporated with the object to undertake real estate business, Raymond said
 "Textile and apparels firm Raymond incorporates new firm for real estate biz")
Sahara yet to deposit money fully ordered by SC, says Sebi chief
The regulator has issued many advertisements asking investors/bondholder to come forward and who have made their claims have already been paid, it said