Page 2307 - Company News

Swedish company Saab talks up Gripen fighter, describes offer to Finland

Gripen-E fighter priced at euro 100 million each

Google for India bets on digital skilling; small biz, language focus stays

Google's India chief Sanjay Gupta said Indians are now spending 20% more time on smartphones with 2.5x more smartphone users in past 12 months compared to the previous year

Salman Khan-backed NFT platform sells tokens worth $2 mn in a month

The platform, whose board includes Bollywood actor Atul Agnihotri, offered BollyCoins at a fixed price of Rs 7 per token

Uber launches Auto and Car services in Warangal, hits 100th city milestone

Ride-hailing major Uber announced that it has hit its 100th city milestone with the launch of its Auto and Car services in Warangal, Telangana.

CCI imposes a penalty on paper manufacturers for indulging in cartelisation

CCI imposed a symbolic penalty of Rs 5 lakh each on the ten paper manufacturers found guilty of cartelisation

SpaceX might launch 1st Starship into orbit in January: Elon Musk

SpaceX, run by tech billionaire Elon Musk, will try to fly a Starship into orbit for the first time early next year, if all goes according to plan.

Zydus Cadila gets USFDA nod for cancer drug with 180-days exclusivity

The company has received approval from the US Food and Drug Administration (USFDA) for the Nelarabine injection 250 MG/50ML, a generic version of Arranon injection

Karnataka sets up fintech task force with Razorpay, Zerodha founders

The task group will work towards creating a roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem

Kubota Corp to acquire additional 5.9% stake in Escorts for Rs 1,873 crore

Escorts said Kubota Corporation will acquire an additional 5.9% stake in it for Rs 1,872.74 crore, taking the total holding to 14.99% and becoming a joint promoter in the Indian firm

Indians spending 20% more time on smartphones: Google India's Sanjay Gupta

Tech giant says it supporting foundational literacy and numeracy programmes in Uttar Pradesh, Telangana, and Gujarat.

Azure Power signs 600 MW purchase agreements with SECI under 4 GW Projects

Azure Power announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI)

Defy raises $5.5 million to build India's first social crypto exchange

Defy, founded by entrepreneurs Bhagaban Behera, Sriharsha Setty and Nakul Kelkar, has received Seed funding worth $5.5 million

Macrotech Developers raises Rs 4,000 cr via QIP for growth, debt reduction

Realty firm Macrotech Developers has raised Rs 4,000 crore through sale of shares to institutional investors

Tata Sons working on merging AirAsia India and Air India Express: Report

Tata owns 84 per cent stake in AirAsia India, allowing it to create a single airline entity quickly.

GMR wins bid for development, operations of Kualanamu airport in Indonesia

GMR Airports Limited (GAL)said it won a bid for the development and operation of Kualanamu International Airport in Medan, Indonesia

Leo Capital to launch third fund to provide financing to Indian start-ups

The proposed fund comes on the back of deploying two funds totalling $106 million

Boeing's 737 Max scandal turns into success as Indian airlines order jets

Mumbai-based startup Akasa Air announced an order Tuesday for 72 of the jets at the Dubai Airshow, a deal worth $9 billion at list prices.

Grammarly raises fresh capital fund at a valuation of $13 billion

Grammarly uses machine learning to assist not only with basic writing, but also spell-check, grammar, tone of language and context.

Smooth flight or turbulence ahead for India's airlines?

The aviation sector in India is building up momentum. But after being battered by two waves of Covid-19, is the sector headed for clear skies? Or is there more turbulence ahead? Let's find the answer

Under pressure, Apple allows self-repairs to iPhones and Mac computers

The company said Wednesday that it will enable users of two of the newest iPhone models and eventually some Mac computers to get access to genuine Apple parts and tools for consumer repairs.