Page 422 - Company News

Powergrid acquires Bidar Transco for Rs 6.52 cr under tariff-based bidding

BTL has been acquired for an aggregate value of about Rs 6.52 crore, including 50,000 equity shares at par at Rs 10 each, along with assets and liabilities of BTL as on the acquisition date 18.02.2025

Uber adopts 'zero-commission model' for autorickshaw drivers in India

Uber said it will now only connect users with nearby drivers and will suggest a fare but the final amount would be decided by the driver and the rider

Mortgage lender Can Fin Homes plans to raise Rs 2,000 crore via NCDs

Suresh Iyer, managing director and chief executive, Can Fin Homes told Business Standard that the firm has already begun discussion with market participants for prospective investments in NCDs

Reliance Consumer Products launches Campa in UAE to expand global reach

Campa Cola is being launched in the UAE with Agthia Group, a leading F&B company from the region

Supreme Court seeks govt response on NFRA's 'division of functions'

The HC order of February 7 quashed show-cause notices issued by the auditing standards watchdog to audit firms, including Deloitte Haskins & Sells LLP and SRBC & Co LLP

Significant Indian names join DIFC in 2024 as centre marks its 20th year

Significant Indian company names added this year include ASK Asset & Wealth Management Group (Wealth Management), AI/tech unicorn, Nagarro

Infosys to establish GCC for Lufthansa to drive digital transformation

The move shows how global airlines have been setting up GCCs in India over the last few years

Reliance Consumer takes soft drink brand Campa Cola to UAE market

Campa Cola, which has disrupted the Indian beverages industry, is being launched in the UAE with partner Agthia Group, one of the region's leading food & beverage (F&B) companies

Ireda arm gets provisional registration as finance co at Gujarat GIFT City

State-owned IREDA on Tuesday said its wholly-owned arm has been granted provisional registration as a finance company at Gift City in Gujarat.

TVS Motor launches 2025 edition TVS Ronin at Rs 1.35 lakh ex-showroom

TVS RONIN has redefined motorcycling by blending the timeless appeal of retro aesthetics with cutting edge technology and contemporary riding

Over 2.8 million companies registered in India, 65% active: Govt data

Among those registered under the Companies Act, 2013, just 5,216 are foreign companies and out of those, 63 per cent or 3,281 entities were active at the end of January

Sebi cancels registration of 19 FVCI cos for failing to meet eligibility

The regulator observed from the website of the Business Registration Department of Mauritius, Cyprus and Singapore, that the status of 19 FVCIs in their parent jurisdictions was defunct

Huawei's tri-foldable phone hits markets in show of defiance amid US curbs

Although dubbed a trifold, the phone has 3 mini-panels and folds only twice. The company says it's the thinnest foldable phone at 3.6 mm (0.14 inches), with a 10.2-inch screen similar to an Apple iPad

NTPC pays additional Rs 2,424 cr interim dividend to shareholders for FY25

The Rs 2,424 crore dividend paid on February 18 is 25 per cent of the paid-up equity share capital of the company

Reliance Infra to enter RE manufacturing space with solar, battery plants

The company would set up an integrated solar manufacturing unit with the objective to boost the production of solar panels and components in India, promoting self-sufficiency in clean energy

Tesla begins hiring in India: What are 13 jobs the company is offering?

This move signals Tesla's plans to enter the Indian market after Musk's recent meeting with Prime Minister Narendra Modi during his recent US visit

Billionaire Sunil Mittal's firm sells Airtel stake worth $976 million

Indian Continental Investment Ltd., a founder entity of Bharti Airtel Ltd. sold 0.84 per cent stake or 51 million shares for Rs 8,485 crore ($976 million)

Check Point Software to set up first APAC R&D centre in Bengaluru

This expansion, unveiled during Check Point's annual CPX Bangkok 2025 conference, underscores the company's commitment to advancing cyber security innovation

Titan targets stake in Damas Jewellery for Rs 4,500 cr; eyes GCC growth

Titan is negotiating to acquire a significant stake in Damas Jewellery, valued at Rs 4,500 crore; the move aligns with Titan's strategy to strengthen its presence in the GCC luxury market

Solitario Lab Grown Diamonds raises $3.6 million in pre-IPO funding

The company has a strong retail presence, with 18 stores across 10 major Indian cities and an international footprint of 38 outlets in Dubai, Malaysia, and Spain