Page 2301 - Company News

Amber Enterprises India and subsidiary get PLI nod for white goods

Amber Enterprises India, a manufacturer of AC components, received a normal investment of Rs 300 cr

Airtel prepaid plans to cost 20%-25% more from Nov 26: Here are the details

Airtel announced 20-25% tariff hikes for various prepaid offerings and said the new rates will come into effect from November 26

Euler Motors raises $10 million in funding led by QRG Investments

Electric vehicle maker Euler Motors on Monday announced raising an additional capital of USD 10 million (around Rs 74 crore) from a clutch of investors, led by QRG Investments and Holdings

Airbus signs contract with Bharat Electronics for C295 aircraft programme

BEL primarily manufactures advanced electronic products for the Indian Armed Forces

SaaS platform Zvolv raises $1.5 mn, will use fund to expand business

The funding round was led by JSW Ventures, a technology-focused venture capital fund.

Swiggy's new membership programme offers unlimited free deliveries

Food delivery platform Swiggy on Monday launched an upgraded membership programme 'Swiggy One' -- a comprehensive plan that offers its members unlimited free deliveries, discounts

Telecoms equipment maker Ericsson to buy cloud firm Vonage for $6.2 bn

Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion

Paytm bleeds as Macquarie's second report puts Rs 1,200 as target price

Profitability may 'remain elusive for a long time', says brokerage about digital payments company.

HealthCare Global acquires majority stake in Suchirayu Healthcare

HealthCare Global Enterprises Limited said it has become a majority stakeholder in Suchirayu Healthcare Solutions with the acquisition of additional 60.9 per cent for an undisclosed sum

Airtel hikes prepaid tariffs by 20%, Vodafone Idea likely to follow suit

Company makes the first move to improve the financial sustainability of the telecom sector.

Airtel hikes tariffs by 20%, says decision is for 'financial health'

The company hiked prepaid tariff by 20-25 per cent and data top-up plans by 20-21 per cent.

Tata Sons offers guarantee to lenders of telecom arm, will take up AGR dues

Group made the guarantee in September, before the government offered a four-year moratorium to the company.

With new model, Ferrari honours the brand's 1960s race cars

Daytona SP3 debuted Saturday at Mugello Circuit

Bounce Infinity to be launched on December 2: Check details here

The company also said that it is looking to set up another plant, in South India, considering the potential of the domestic market

Indian exporters on Amazon gear up for Black Friday and Cyber Monday sales

Over 52,000 new products to be launched by Indian Exporters on Amazon's global websites for this year's Black Friday and Cyber Monday sale

Avoiding diesel, Maruti to focus on making petrol cars more fuel-efficient

Maruti Suzuki ruled out getting back into diesel segment as it believes sale of such vehicles would further come down with the onset of the next phase of emission norms in 2023

Suspension of international flights impacting airlines' financial: Vistara

On the domestic front, air traffic is nearing pre-Covid-19 levels and grew 70 per cent in October compared with the year-ago period.

Chip shortage: Ola electric scooter deliveries delayed up to one month

Schedule pushed back by two to four weeks after a meeting between its factory team and suppliers.

A better balance sheet, green plans behind RIL's change of tack for oil biz

RIL and Saudi Aramco signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake acquisition by Saudi Aramco in the O2C business of Reliance.

Govt orders airlines, ground handlers to use energy efficient equipment

While the companies have welcomed the ministry's green initiative, they said that the deadline of May 2022 for implementation is tight