Page 2452 - Company News

HAL signing contract with GE Aviation for Tejas aircraft engines

The contract was signed here today at HAL Corporate Office

Baba Ramdev's Ruchi Soya gets go ahead from Sebi to float FPO

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has received capital markets regulator Sebi's go-ahead to raise Rs 4,300 crore through a follow-on public offer (FPO).

HCL Tech signs 5-year IT contract with German chemical co Wacker Chemie AG

HCL will be using AI-enabled virtual assistants to drive efficiencies for Wacker.

Siemens, Tata Power-DDL deploy smart metering tech in north Delhi

Siemens and Tata Power Delhi Distribution Ltd (Tata Power-DDL) have jointly announced deployment of smart metering technology for over two lakh smart meters in north Delhi.

Hindustan Zinc board meeting to consider interim dividend for FY22 deferred

Vedanta group firm Hindustan Zinc Ltd (HZL) on Tuesday said its board meeting scheduled on August 17 to consider interim dividend for FY2021-22 has been deferred

India's Serum Institute takes 50% stake in drug vial maker Schott Kaisha

SII, the world's largest vaccine maker by production volume, has taken a 50% stake in Indian drug vial maker Schott Kaisha, the companies said in a statement on Tuesday.

Tata Steel interested in acquiring Vizag-based RINL: CEO T V Narendran

Domestic steel giant Tata Steel is interested in acquiring state-owned Rashtriya Ispat Nigam Limited (RINL), the company's Chief Executive Officer (CEO) and Managing Director T V Narendran said.

Serum Institute buys 50% stake in pharma packaging firm Schott Kaisha

The joint venture is for pharmaceutical packaging

SpiceJet announces transfer of logistics business to SpiceXpress

SpiceJet on Tuesday announced it was transferring its cargo and logistics services on a slump sale basis to its subsidiary SpiceXpress and Logistics Private Limited.

JK Tech rebrands itself with new website, logo after nearly 25 years

The website features a clean and modern design, with seamless and simplified user interface, portraying JK Tech as a young and vibrant organisation

WhatsApp adds backgrounds to payments for a more personalised experience

Built for India, this new feature is relevant, exciting, and memorable as it helps people easily convey a feeling along with sending money.

Inflation bites: High commodity prices hit India Inc's profits, margins

The adverse impact of inflation and higher commodity prices is visible in the overall corporate results for Q1FY22

Indian e-retail market expected to grow to $140 bn by FY26: Bain & Company

The pandemic was a watershed moment for India's e-retail market, driving a 12-month acceleration in e-retail penetration, which was at 4.6 per cent by end of FY21

5-month-old UpScalio discloses fundraise of $42.5 mn in Series A round

The funding round was led by Presight Capital and an undisclosed global hedge fund, with participation from Heliad Equity Partners, MPGI, 468 Capital and Whiteboard Capital

Apollo Hospitals is a healthy option for long-term investors. Here's why

Expansion potential in digital platform, steady growth in traditional business and value unlocking in pharmacy segment are key positives

Ola's e-scooter entry a litmus test for electric vehicle mobility

Rubber will meet the road when incumbents leverage their R&D, manufacturing, and distribution

Ruchi Soya gets Sebi's approval for Rs 4,300 crore FPO, say reports

According to its draft documents, the issue's net proceeds will be utilised to repay its borrowings and fund incremental working capital requirements

EV shift a near-term threat to valuation of 2-wheeler firms: Brokerages

Brokerages say TVS, Hero and Bajaj are at a greater risk than Eicher Motors

Online gaming gets court relief in TN but there may be other legal battles

Relief by the Madras High Court on the Tamil Nadu government's ban comes as a booster dose for the Rs 7,700-crore online gaming industry but could be a precursor to legal battles in other states

Charting growth: Acute therapy drugs make a comeback in July, shows data

But a fall in doctor visits hit acute therapy drugs. July saw a major turnaround