Page 2282 - Company News

Ramcharan: The little-known entity that got $4.14-bn funding in RE space

US-based fund TFCC Intl picks up 46% stake in the firm at $9 bn valuation; firm plans to use some if the funds in two plants in Tamil Nadu and Gujarat, and set up EV charging infra in various cities

FMCG sales down 14.4% in Nov as number of active kirana outlets contracts

Liquidation of stock post Diwali also impacting stocking up at kirana outlets

Jet Airways in talks with Boeing, Airbus for $12-bn order: Report

The news on Jet comes a month after billionaire investor Rakesh Jhunjhunwala-backed low cost Indian carrier Akasa Air placed a $9 billion order for 72 Boeing 737 MAX jets

Bajaj Auto pips Hero MotoCorp to become No 1 motorcycle maker in November

The Pune-based firm sold a total of 337,962 units in November in the domestic and exports market against the 329,185 units sold by Hero MotoCorp

Bounce launches Infinity E1 electric scooter, priced at Rs 68,999

Vehicle will be offered with a unique 'Battery as a service' option--the first in Indian market; firm is setting up another plant in the south, has kept $100 million for EV biz over the next one year

L&T, ReNew Power ink partnership to tap emerging hydrogen biz in India

It is anticipated that green hydrogen demand in India for applications such as refineries, fertilisers and city gas grids will grow up to 2 million tonne per annum by 2030

OYO appoints former SBI chairman Rajnish Kumar strategic group advisor

Kumar, who retired as SBI chairman in October 2020, is currently on the boards of HSBC Asia Pacific, L&T infotech, Hero Motocorp and BharatPe

Q3 recovery, decent valuations to support HCL Tech's stock

The stock has been underperforming peers over the past couple of months

New products, exports to drive growth for Dixon Technologies

Focus on backward integration and value addition to help on the margin front

First 'Buy' report on Paytm sees firm turning profitable by 2026

Dolat Capital Market has set a target price of Rs 2,500, which is 16% higher than the company's issue price

Current steel rally might make FY22 a turnaround year for Tata Steel Europe

The removal of "Section 232" - 25 per cent tariffs by the US while allowing limited volumes of steel from the European Union - should also augur well for TSE

Biotechnology major Biocon gets USFDA approval for generic product

The product is indicated for the prophylaxis of organ rejection in adult patients receiving a kidney transplant

SC dismisses DMRC's review petition over arbitral award to RInfra unit

As per the Reliance Infrastructure's latest annual report, the award is worth around Rs 4,600 crore including the interest

upGrad files Rs 3 cr trademark infringement suit against edtech firm Scaler

Accuses Scaler of using its brand name 'upGrad' through Google Ads to appear on top of search results on Google Search Engine and in turn gaining illicit benefit

RBI initiates insolvency proceedings against Reliance Cap at NCLT, Mumbai

RBI, which superseded the Reliance Capital board on Monday, filed an applicated at NCLT, Mumbai

PhonePe launches health insurance plans for young first-time buyers

PhonePe said offering is a first of in Indian digital payments space, offers comprehensive health cover at an affordable price; involves simple 3-step process

Microsoft nudging Windows users to stop downloading Google Chrome

Microsoft's new prompts come after the company first started testing ways to warn Windows 10 users not to install Chrome or Firefox a couple of years back

Data protection law will bring clarity, help research: Kris Gopalakrishnan

Infosys co-founder was heading a committee on non-personal data protection bill, which had submitted its report to govt a few months back

Vibrant Gujarat 2022 roadshow: CM Patel meets industry captains in Mumbai

The 10th edition of Vibrant Gujarat Global Summit will be held on the theme of 'Aatmanirbhar Gujarat to Aatmanirbhar Bharat' in January 2022, says CM Bhupendra Patel

Musk's Tesla enters India in 2021, still remains in test mode

Tesla in 2021 was busy testing Model 3 at several locations, but concrete steps are yet to be taken to finally roll out the most coveted electric car for its fans in India