Page 373 - Company News

Amazon Fresh ups presence in tier-II, -III mkts; expands to over 170 cities

To ensure freshness and quality, Amazon Fresh sellers source fruits and vegetables from over 11,000 farmers

IT firm Happiest Minds confident to grow in double digits next fiscal

Indian IT companies - both large and medium - are bracing themselves for another uncertain year as the industry is yet to assess the impacts of tariffs on the US economy

NBCC, MAHAPREIT sign ₹25,000 cr MoU for housing, urban projects

Under this partnership, NBCC and MAHAPREIT will collaborate on key infrastructure projects in Maharashtra, including cluster development projects in Thane Municipal Corporation, data centres

CAG, BISAG-N sign pact to leverage technologies in remote sensing

The Memorandum of Understanding (MoU) was signed by TP Singh DG-BISAG-N and S Ramann Deputy CAG/CTO

HUL appoints Rajneet Kohli as executive director of foods from April 7

Kohli will take over from Shiva Krishnamurthy, who will move on from his role to pursue an external opportunity, the company said in its release

Mother Dairy eyes Rs 20,000 cr in revenue, launches 'pro' range of products

The company, on Wednesday, launched a new Pro range of products enriched with protein

Snapchat launches creator connect prog; aims to empower Gen Z storytellers

Further strengthening monetisation opportunities, Snapchat will offer global creator-focused revenue share and rewards programmes

Vedanta board approves appointment of Rajiv Kumar as CEO of aluminium biz

On recommendation of the nomination and remuneration panel, the board has approved the appointment of Kumar for three years

Amazon seizes 15 mn counterfeits in 2024, uses AI to fight fake goods

Amazon said, last year, it invested over a billion dollars and employed thousands of people who were dedicated to protecting customers, brands, selling partners, and store from counterfeit and fraud

Demand dip: Switch Mobility UK likely to shut down its Sherburn plant

The company is expecting to double its bus sales from around 450 this financial year to around 1,000 next financial year, owing to a rise in demand in the Indian market

Waaree Renewable Tech secures new solar project worth Rs 232 crore

The 170 MW solar power project will be executed on a turnkey basis, covering comprehensive Engineering, Procurement, and Construction (EPC) services, along with long-term O&M

RBI imposes ₹75 lakh penalty on HDFC Bank, ₹68.2 lakh on Punjab & Sind Bank

According to RBI, the HDFC Bank did not categorise certain customers into low, medium or high risk category based on its assessment and risk perception

AMPIN Energy Transition secures $50 mn fund from Siemens Financial Services

The funds will fuel the company's growth in both Commercial & Industrial (C&I), utility-scale renewable energy projects as well as its energy transition value chain business

Ashok Leyland may shut loss-making electric bus plant in the UK

The company said it would review the feasibility of the plant in Sherburn, North Yorkshire in a consultation process with employees

Bandhan Bank inks MoU with Indian Air Force for corporate salary account

Private lender Bandhan Bank on Wednesday said it has inked an MoU with the Indian Air Force to provide corporate salary accounts to the defence personnel

Airtel prepays additional spectrum dues of Rs 5,985 cr for 2024 auctions

Airtel subsidiary redeems $1 billion worth of perpetual bonds

TPG, other investors buy 90% stake in Siemens Gamesa's India wind business

The move comes as India, the world's third-largest energy consumer, pushes towards its goal of 500 gigawatts (Gw) of non-fossil fuel capacity by 2030

Green Portfolio announces launch of AIF with Rs 300 crore target corpus

Of the Rs 300 crore, the company has already secured over 50 per cent of its commitments from existing and potential investors

Delhi HC to hear Musk's Tesla infringement suit against India's Tesla Power

Tesla Inc had filed a trademark infringement suit in the Delhi High Court on May 2 last year against Gurugram-based Tesla Power India

Nestle India gets ₹69 lakh tax penalty, says operations remain unaffected

Nestle India's appeal against the Deputy Commissioner of Customs' order was rejected, as the Appellate Authority upheld the decision, confirming a ₹69.45 lakh penalty