Page 427 - Company News

Carlyle combines India's Highway, Roop to build global auto parts platform

New entity will have a portfolio of more than 1,500 products, clients in 17 countries

India Energy Week: Cairn dives into deepwater exploration with KG basin

Vedanta-backed firm plans to rope in global players for offshore drilling

JioStar to launch JioHotstar, combining JioCinema and Disney+ Hotstar

With this, the combined streaming platform will feature an extensive library of about 3 lakh hours of entertainment content, live sports, and other content segments with more than 5 million users

Adani Total's Dhamra LNG terminal expansion not imminent: CEO Lamba

Lamba said the 5 million tons per annum (mtpa) LNG terminal on India's east coast operated at an average utilisation rate of 25 per cent in 2024

Adani Green withdraws from wind energy, transmission projects in Sri Lanka

The projects in question included two wind power plants to be set up in Mannar and Pooneryn at a total investment of $442 million

DGCA fined Air India Express ₹30 lakh in Dec 2024 for rule violation

Violations to the extant rules and regulations are dealt as per enforcement policy and procedure manual and enforcement actions as deemed fit are taken by DGCA, he added

Google, Telangana ink pact to accelerate AI-led transformation in state

It focuses on key sectors, including agriculture, mobility, education, sustainability and governance

Kotak Mahindra Bank's margins to improve after ban removal: Brokerages

The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024

Paytm Money settles Sebi norm violation allegations for Rs 45.5 lakh

In a separate development, Paytm Money announced the appointment of Rajeev Krishnamuralilal Agarwal as an additional non-executive independent director on its Board

PNB scam: Court allows auction of properties owned by Mehul Choksi's firm

Judge S M Menjoge of the special court held that if the properties are kept idle without maintenance then it will definitely reduce the value

TN govt officials to visit Samsung plant in bid to resolve workers dispute

The union backing the protest has said the workers involved in the sit-in will only return to work if Samsung agrees to reinstate the three suspended workers

BAT to divest stake in ITC Hotels at the 'right moment': Tadeu Marroco

Reiterating BAT's position on ITC Hotels, Marroco said at a post-results analyst meet, "BAT has no interest in becoming a long-term shareholder of a hotel chain in India

NTPC in talks with foreign firms of US, Russia for small modular reactors

NTPC has sought government permission to take forward the discussions, Pal said, but added that no country apart from China and Russia has operating SMR systems

Jubilant Biosys expands global footprint with acquisition in France

This acquisition marks a significant step in Jubilant Biosys' global strategy, providing a foothold in Europe's expanding pharmaceutical and biotech ecosystem

Tata Motors plans to double EV charging stations to 400,000 by 2027

The 'Mega Charger' network, which the company said would feature 120-kilowatt fast-charging guns, will be open for use to other EV manufacturers

Paytm Money settles technical violation case with Sebi for Rs 45.5 lakh

The case stemmed from alleged violations of Sebi's technical glitch framework, outlined in a circular dated November 25, 2022

VECV opens new manufacturing unit in Bhopal, begins Eicher Pro X deliveries

Vehicles rolling off the all-women final assembly line at this brand-new facility were delivered to leading players in the rapidly transforming Indian logistics industry

Japanese automakers Honda, Nissan, Mitsubishi end talks on biz integration

Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda

Microsoft opens campus in Hyderabad, partners with state govt for AI growth

On the occasion, Microsoft also announced another landmark initiativepartnering with the Government of Telanganato impart AI training to over 1.2 lakh people in the state

Craftsman Automation sets up alloy wheel manufacturing unit in Rajasthan

Craftsman Automation's manufacturing unit has been shaped from scratch in Rajasthan's Salarpur Bhiwadi industrial area