Page 445 - Company News

Smartworld Developers awards Rs 532 cr contract to Varindera Constructions

Incorporated in 2021, Smartworld Developers, which is part of M3m India Group, is developing many projects in Gurugram. It aims to deliver possession of about 50 lakh square feet in the next few month

M&M looks to boost growth in overseas markets facing headwinds like US

The US tractor market has been witnessing a decline for the last 12-13 quarters, and as a result, the market size has become almost 50-60 per cent of what it was two years back, the company said

PNC Infratech shares surge 10% after regulatory relief from MoRTH

Disqualification period imposed on company, two SPVs reduced from one year to four months

Rolls-Royce to double sourcing from India over the next five years

The company will seek to increase its sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines and gas turbine engines

Venturi Partners invests $25 million in affordable footwear brand JQR

This funding will allow JQR to expand its offline presence to new markets as well as launch its online channel

Boeing signals more orders needed before setting up assembly line in India

The country's civil aviation minister told Reuters in 2023 that the time had come for Boeing and Airbus to make civil aircraft in India

Berger Paints aims for sustainable growth, open to acquisitions: Chairman

Kaur said the company is maintaining a cautious approach towards any acquisitions

IHCL to invest Rs 2,500 crore to develop new 330-room property in Mumbai

Construction of the new property, "Taj Bandstand," is set to begin this year and is expected to take over three years to complete

Anil Ambani's R-Infra settles dispute with CPL for Rs 6,503 crore

CPL's assets of Rs 5,777.13 crore stand assigned or transferred to R-Infra

Glenmark, Cosmo get MHRA nod to market acne treatment medication in UK

As part of the agreement inked in September 2023, Glenmark in-licensed the product from Cosmo Pharmaceuticals for distribution in Europe and South Africa

Trainees in tears as Infosys mass firings leave their careers in limbo

Stringent changes to the training test have led to a sharp rise in failure rates at Infosys. Out of 930 trainees who joined on October 7, only 160 passed on their first attempt

Biovet's LSD vaccine gets CDSCO nod, to make 500 million doses per year

In the last two years, around 200,000 cattle have died, millions lost their milk production capabilities due to LSD nationwide

Juniper Green Energy secures $1 billion fund in phased debt financing

The company has partnered with First Solar for the supply of 1,000MWp of Series 7 solar photovoltaic modules

UK-based Bupa likely to increase stake in Niva Bupa Health Insurance

Finance Minister Sitharaman recently announced a hike in FDI limit in insurance sector from 74% to 100%

Electric vehicles may be about 20% of Honda's wo-wheeler sales by 2030

HMSI launched swappable battery-run Activa E and fixed battery-run QC1 in November. It is starting deliveries of these two products from this month itself

Religare's Saluja fails to secure shareholder approval for reappointment

Over 97 per cent of shareholders voted against her reappointment; Saluja had contended that she is not liable to retire by rotation

Danny Gaekwad to meet PM Narendra Modi on Religare acquisition in USA

US investor seeks American intervention to overcome regulatory hurdles in India

Tata Sons' CSR money may go to Ratan Tata endowment trust, foundation

The plan is in the final stages with discussions centred around how to take social sector projects forward in lines with other Tata Trusts

Razorpay marks 10 years, targets about $400 billion in TPV by 2030

The company's next target is focused on transforming the payment experience for more than 1 billion consumers

IT companies likely to roll out 3-6% hikes this year, say HR experts

According to reports, the IT attrition rate for this year is expected to be around 12-13 per cent