Page 245 - Company News

Viable to export out of India; clarity on global trade needed: Cisco

The San Jose-headquartered company's chairman and chief executive Chuck Robbins said India is one of the biggest opportunities for Cisco globally

Reliance Jio Platforms delays IPO plans, 2025 listing not on the cards

Valued by analysts at over $100 billion, Jio wants to achieve higher revenues and a bigger subscriber base for its telecom business

Prestige Estates Q1 pre-sales surges on robust demand for Ghaziabad project

The company's sales bookings or pre-sales stood at Rs 3,029.5 crore in the year-ago period

Tata AutoComp, Skoda Group form JV to make rail propulsion systems in India

Tata AutoComp and Skoda Group form a joint venture to manufacture propulsion systems and components for trains, metros, and light rail vehicles, with production based in India

Viceroy shorts Vedanta Resources' debt; group calls report 'malicious'

Viceroy Research has shorted Vedanta Resources' debt, alleging the group is draining its Indian unit, inflating profits, and posing serious risks to creditors through unsustainable practices

Tata Sons' 93% stake in Tata Capital valued at nearly ₹98,000 crore

Tata Capital is designated as an "upper layer" NBFC by the Reserve Bank of India (RBI), a classification that requires the company to go public by September

TVS ILP raises Rs 1,300 crore through private InvIT to fuel growth

TVS Industrial & Logistics Parks raises Rs 1,300 crore through its private infrastructure investment trust (InvIT), with a target to achieve 32% annual growth, mostly organically

Ola Electric unveils update of operating system to boost fleet performance

India's largest e2W-maker launches MoveOS 5 with enhanced range and customisation features as it battles rivals, including Ather and Bajaj Auto

Apollo AyurVAID aims for 1,000 beds by 2028, eyes ₹500 crore turnover

Apollo AyurVAID, one of India's largest Ayurvedic hospital chains, targets 1,000 beds and Rs 500 crore turnover by 2028, as demand for Ayurvedic treatments rises

Syrma SGS Technology anchors ₹1,800 crore PCB push in Andhra Pradesh

Syrma SGS Technology, in collaboration with Shinhyup Electronics, will establish India's largest PCB and CCL manufacturing facility in Andhra Pradesh, with an investment of Rs 1,800 crore

BCCL restarts long-shut coking coal mine under private partnership model

First project under the Mine Developer and Operator (MDO) model to produce 52 million tonnes over 25 years

360 One group gets CCI nod to acquire UBS India wealth and lending units

CCI said it has also cleared a loan portfolio which forms part of lending and financing business of UBS Finance India Pvt Ltd

CCI clears Kedaara Capital's stake acquisition in logistics firm Porter

Mumbai-based Kedaara Capital is acquiring a stake through its two affiliates Kedaara Sapphire Holding and Kedaara Capital Fund IV AIF in Porter

Titan shares tumble over 6%; market valuation drops by ₹20,086 cr

Tata group firm Titan Company saw its consumer businesses grow by 20 per cent year-on-year in the first quarter of this fiscal, according to a regulatory filing by the company

Ola Electric announces mass roll-out of MoveOS 5: Check new features

The MoveOS 5 upgrade will be rolled out to all S1 and Roadster X vehicles via an OTA update, offering 50+ new features including ride customisation and improved battery control

Jio BlackRock to disrupt India's fund market with low-cost strategy: Report

On average, the cost associated across plans will be lower for Jio BlackRock funds compared with the industry average, one of the sources said, declining to specify a level

Hindustan Power commences work on 435 MWp solar project in UP

Awarded by the Uttar Pradesh Power Corporation Ltd (UPPCL) through a competitive process in April 2025, the project will supply clean electricity to the state for the next 25 years

ITC to boost growth by scaling up value-added agri products portfolio

The company plans to straddle across multiple value chains comprising spices, coffee, frozen marine products and processed food

VinFast partners with RoadGrid for EV charging, servicing in India

VinFast is investing $500 million to set up its manufacturing plant in Tuticorin, Tamil Nadu, which is expected to be completed by the beginning of the second half of 2025

Shein files for IPO in Hong Kong after facing setbacks in US, UK listings

Shein's plan to go public in the US, and later in the UK, hit a roadblock due to growing scrutiny over its labour practices, data handling, and rising regulatory and geopolitical pressure