Page 436 - Company News

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

Hexaware Technologies' Rs 8,750 crore IPO subscribed 15% on day two

The IPO price band is set at Rs 674-708 per share, valuing Hexaware at Rs 43,025 crore

Air India expands key international routes for summer 2025 - Check details

The airline will bolster its operations across the United Kingdom, Europe, Far East Asia, and Africa to enhance connectivity for travellers

Indian Oil Corp inks 14-year LNG supply pact worth $7-9 bn with UAE's ADNOC

The LNG, sourced from TotalEnergies' global portfolio and delivered to terminals on India's west coast, will primarily serve GSPC's industrial customers

Volvo to set up 4th global manufacturing hub in Hosakote with Rs 1,400 cr

The new facility is expected to create over 2,000 direct jobs, significantly boost exports, and enhance India's position in the global supply chain

IFC invests Rs 860 crore in Cube InvIT's sustainability-linked bond

Earlier, the InvIT completed the acquisition of 100 per cent equity shareholding of NAM Expressway at a consideration of Rs 717.60 crore on February 12, 2025

Chevron to invest $1 billion in India for engineering and innovation hub

Chevron's $1-billion investment in India will span several years, supporting the country's role in sustainable energy and contributing to affordable, cleaner power generation

Bharat Forge, Liebherr collaborate on advanced aerospace manufacturing

As part of the strategic partnership, Bharat Forge will set up a state-of-the-art manufacturing facility at its headquarter in Pune

Adani Green withdraws from $442 million Sri Lanka wind power project

The Sri Lankan government had opted to review and renegotiate the terms to bring the cost below $0.06 per unit from $0.0826, negotiated by the previous administration

ITC in talks to acquire MTR Foods and Eastern Condiments in $1.4 bn deal

ITC is in preliminary discussions with Norway's Orkla ASA to acquire two of its brands as part of its efforts to expand presence in the southern Indian spice market

Tata Steel likely to tap corporate bond market after near 1-year hiatus

Tata Steel is likely to raise around Rs 3,000 crore ($345.6 million) through this bond issue

Coca-Cola to Apple: Global firms bank on India amid market slowdown

As global demand slows, top multinationals see India as a key growth driver, ramping up investments across sectors from beverages and tech to retail and luxury goods