Page 482 - Company News

Black Box enters next growth phase with revamped GTM strategy: Ventura

Black Box, an Essar Group company, is a digital infrastructure integrator. Its portfolio includes data centre solutions, advanced networking solutions, AI-powered analytics and IoT-enabled devices

Akums announces new facility for lyophilized, sterile dosage manufacturing

Lyophilisation is the process of extracting water from drug particles at freezing temperatures, maintaining the drug's value and preserving the stability

JK Lakshmi Cement receives go-ahead from exchanges for amalgamation plan

For Udaipur Cement Works Ltd (UCWL), its shareholders will receive four shares of JK Lakshmi Cement for every 100 shares they hold in the company

Govt clears PLI incentive of Rs 246 cr sought by M&M, Tata Motors

According to sources, Tata Motors submitted an incentive claim of approximately Rs 142.13 crore based on determined sales in FY 2023-24

Royal Enfield reports 25% rise in total sales at 79,466 units in Dec 2024

Exports jumped 90 per cent at 11,575 units last month, as compared to 6,096 units in December 2023

Looking forward with hope to achieve growth at scale: Mahindra CEO

Shah said over the past year the group has accelerated its growth trajectory and its businesses are on an ambitious growth path and are firing on all cylinders

TVS Motor reports 7% increase in total sales at 321,687 units in Dec 2024

Domestic two-wheeler sales were up marginally at 215,075 units in December 2024

Waaree Energies secures 150 MWp solar modules order for renewable project

These modules are recognised for their durability, exceptional energy output, and advanced technology

Nasscom foundation names Jyoti Sharma as CEO, replaces Nidhi Bhasin

Sharma brings over 20 years of experience in driving social impact and leading program development

How Vodafone Idea's 5G launch in March could shake up telecom pricing

Vodafone Idea is set to launch 5G services with competitive pricing to challenge Jio and Airtel. It has finalised $3.6 billion worth of contract to enhance 4G network and deploy 5G infrastructure

Karur Vysya Bank's Q3 FY25 business rises 15% to Rs 1.82 trillion

The lender's advances increased by 13.96 per cent Y-o-Y to Rs 82,842 crore, while deposits grew by 15.75 per cent Y-o-Y to Rs 99,155 crore as of the end of December 2024

VFS Capital seeks small finance bank licence from RBI under 'on-tap' scheme

VFS provides loans to individual female members mainly from rural areas in a joint liability group (JLG) with each group consisting of five members

Air India becomes first Indian airline to offer Wi-Fi on domestic flights

In July last year, Vistara became the first Indian airline to provide Wi-Fi services on international flights. Vistara was merged into Air India in November

Global headwinds, tech trends highlighted in CEOs' messages to teams

N Chandrasekaran, chairman, Tata Sons, started his letter describing 2024 as 'another unpredictable year'

Sun Pharma sells entire stake in Japanese arm to Zaza Industrial Holdings

According to a regulatory filing with BSE, the agreement was signed on December 31, 2024, with the transaction expected to be completed by January 31, 2025

Sasan Power makes $150 million bullet payment on debt with IIFCL

"This repayment will bolster Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating," the company stated in its press release

Reliance Power's arm Sasan Power pays $150 million debt to UK's IIFCL

According to the company this repayment will bolster Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating

CIL arms BCCL, SECL report decline in coal production in Apr-Dec period

While coal production of BCCL dropped by 2.6 per cent, in case of SECL the fossil fuel output declined by 9.4 per cent, Coal India Ltd (CIL) said in a regulatory filing

Small towns' growing desires drove D2C and e-commerce growth in 2024

In 2024, India's Tier-II and -III towns and the hinterland emerged as key growth drivers for e-commerce companies and direct-to-consumer brands, with strong demand for their products and services

China's BYD chalks up new record in EV sales, narrows gap with Tesla

The Shenzhen-based carmaker, which stopped making vehicles entirely powered by fossil fuels in 2022, hit a new monthly sales record in December, spurred on by subsidies