Page 2401 - Company News

Tata Power's arm to set up 250 MW solar power plant in Maharashtra

TP Saurya Ltd has received a letter of intent from Maharashtra State Power Generation Co Ltd for setting up of a 250 MW grid-connected solar photovoltaic power plant in Maharashtra.

JSPL upgrades tracks with 5th generation auto tech for unmanned inspection

Aiming for production and inspection capacity of 1 million tonnes per annum

We take allegations of improper actions seriously, probe them fully: Amazon

The US e-commerce giant on Monday said it takes allegations of improper actions seriously and investigates them fully to take appropriate action.

PE major Advent International to buy 72.56% stake in Eureka Forbes

Private equity firm Advent International will buy a controlling stake of 72.56 per cent in Eureka Forbes for approximately Rs 4,400 crore, it's parent Shapoorji Pallonji Group (SPG) has said.

CARS24 raises $450 mn, nearly doubles its valuation to $1.84 bn

CARS24 has closed a $450 million round of funding, including a $340 million Series F equity round alongside $110 million debt from diversified financial institutions.

Amazon starts probe after news report claims corruption in India operations

US company says it has zero tolerance for graft and is investigating its legal representatives' conduct in India.

Facebook to add new Cricket tab to Watch, ramp engagement for T20 World Cup

Will also provide advertisers a chance to engage with cricket and brands. Facebook Watch is a mix of original programming and user generated content, and sees 1.25 bn users monthly across the globe

Private 5G networks: The next big battle in India's telecom space

Telcos want enterprise service providers to come under the licensing and spectrum auctioning regime but the lobby for a light-touch regime is pushing back

PE major Advent International buys majority stake in Eureka Forbes

Signs deal with SP Group at Rs 4.4K-crore valuation

Iconic French pâtisserie, Laduree, debuts in India: Check details here

With a master franchisee deal with Noida-based CK Israni Group, Ladurée is kickstarting its foray into India with its first salon de thé in Delhi's upscale Khan Market

Abhay Bhutada hasn't done anything as per lawyers, says Adar Poonawalla

Poonawalla said Abhay Bhutada, who resigned last week from post of Managing Director on alleged charges of insider trading, "hasn't done anything" as per the lawyers and others who gave him reports

Big Tech under the scanner in India after South Korea slaps fine on Google

Regulators and startups in India are beginning to push back against what they see as monopolistic practices

Explained: How chip shortage is impacting automakers, other industries

Everybody in the ecosystem is hoarding, or buying excess chips. Some are even buying four times their usual requirements

KEC International acquires oil gas firm Spur Infra for Rs 62 cr

Spur Infra has achieved an annual revenue in excess of Rs 100 crore, and has a profitable track record and technical expertise. It has an order book of Rs 600 crore

Fortune Park Hotels to add five hotels in India by December 2022

These five hotels will be -- Fortune Resort Benaulim Goa, Fortune Park in Hoshiarpur (Punjab), Fortune Park in Tirupur (Tamil Nadu), Fortune Select in Goa and a Fortune Inn in Haldwani (Uttarakhand)

Welspun India to invest Rs 800 cr on capacity enhancement over next 2 years

Welspun India has said it is looking to invest around Rs 800 crore on capacity expansion of its home textiles and flooring businesses over the next two years.

With India's foot on EV pedal, Tata Tech expects 35% biz recharge

Tata arm sets target of becoming 'half-a-billion-dollar' firm by end-FY22

Sivasankaran group firm offers to settle dues with IL&FS Financial Services

Siva Shelters says of the dues worth Rs 76 cr claimed by IFIN, it will pay Rs 50 cr along with normal interest at 14% plus penal interest until all dues are fully cleared

Indian CEOs pip global peers in age and experience, says survey

But they head smaller companies; rely more on senior management for feedback

DishTV seeks more time for AGM after Yes Bank notice regarding directors

Time sought to allow firm to comply with all applicable laws in respect of the notices and ensure it does not default on regulatory and lender covenants