Page 418 - Company News

Ikea looking for next phase of investment in India, aims growth: CEO

Ikea is planning to have 2 full-size stores in Delhi-NCR -- at Gurugram in 2026 and Noida in 2028

Electric scooter maker Ather Energy expands facility to boost R&D

Spanning 38,692 sq ft, the facility is designed to validate durability and safety across vehicle, system, and component levels

Blinkit starts delivering Apple products in 10 minutes in selected cities

Blinkit CEO Dhindsa said consumers can now get MacBook Air, iPad, AirPods, Apple Watch, and other Apple accessories delivered in 10 minutes

LIC gets demand notice of Rs 479.88 crore for short payment of GST for FY21

The company has received a communication/demand order for interest and penalty for Maharashtra on February 27 from Deputy Commissioner of State Tax, Mumbai, LIC said in a regulatory filing

TP Solar bags Rs 632 cr order to supply 292.5 MWp solar modules from Seci

The project is awarded under the CPSU Scheme Tranche-III, a Tata Power statement said

NCL levies Rs 300 per tonne charge on coal, to generate Rs 3,877 crore

The additional charge is expected to generate around Rs 3,877.50 crore, NCL said in a regulatory filing

PFC inks pact to provide Rs 26,800 crore finance to MP power utilities

PFC has signed a Memorandum of Understanding (MoU) with the government of Madhya Pradesh to extend financial assistance of Rs 26,800 crore to the state's power utilities, the statement said

India Inc poised to see average salary hike of 9.4% in 2025: Report

The report showed that as many as 6 in 10 Indian employers are keen to explore the potential of AI for employee rewards and compensation strategies over the next three years

Indian Oil ties up with Novac Technology Solutions for employee upskilling

This strategic partnership between IOCL and Novac Technology Solutions signifies a monumental leap forward in workforce development and learning innovation within the energy sector

TVS Emerald buys 10-acre land in Bengaluru, boosts FY25 revenue potential

With this acquisition, TVS Emerald has added land deals with a revenue potential of Rs 5,300 crore to its portfolio in FY25

NCLAT sets aside insolvency proceedings against Coffee Day Enterprises

The NCLAT was hearing an appeal filed by a director of CDEL's suspended board

Ola Electric bolsters profitability drive, cuts warehouses, optimises costs

The strategic move is expected to boost Ebitda margins by almost 10 per cent, besides improving inventory management and faster customer deliveries

Signature Global targets zero net debt by FY26 on strong sales: Chairman

Signature Global has set a target of achieving sales bookings of Rs 10,000 crore in the current fiscal year, as against Rs 7,270 crore in the preceding year

Mahindra SA inks MoU to explore auto production feasibility in South Africa

The study will allow Mahindra South Africa and IDC to make an informed assessment before any future decisions are taken

Mysuru layoffs: NITES threatens protest; Infosys defends testing norms

Infosys said that every trainee joins with full understanding that performance evaluations are key part of their progress, and asserted that all eligible trainees have received their relieving letter

India's top 4 business families anchor for a fifth of CSR contributions

Despite the substantial CSR investments made by family-run businesses, contributions from high networth individuals (HNIs) and ultra high networth individuals (UHNIs) fell marginally in FY24

NCLT asks RCAP lenders to complete all procedural issues by Mar 12

The Mumbai-bench of NCLT on Wednesday heard the matter related to the resolution process of RCAP and asked all parties to complete all pending procedural aspects before the next hearing on March 12

Mankind Pharma sets sights on Novo Nordisk's anti-obesity drug Semaglutide

The firm is focusing on specialty chronic therapies like immunotherapy, antibody-drug conjugates, and gene therapy drugs, besides peptides like Glucagon-like peptide-1 (GLP-1)

upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala

The move follows upGrad's announcement in Davos of creating an AI center of excellence with investment of Rs 2,150 crore in collaboration with the Maharashtra government

Govt singles out VW in $1.4 bn tax dispute, says Kia corrected course

India says Volkswagen used a clandestine scheme to import auto parts in separate shipments, to evade detection and cut taxes, instead of declaring items as "completely knocked down"