Page 514 - Company News
Antler India plans to invest around Rs 211 crore in 50 startups in 2025
The venture capital firm has invested in 30 startups in 2024 through its maiden $75 million fund
 "Antler India plans to invest around Rs 211 crore in 50 startups in 2025")
Price 'not only game' in paints industry; brand important: Berger CEO
Company has 'broad growth opportunities'; inflation worrying for industry: Abhijit Roy
 "Price 'not only game' in paints industry; brand important: Berger CEO")
Former CMD alleges foul play in Kakinada port stake sale; files case
According to the complaint, 40 per cent of Kakinada Port, valued at Rs 2,500 crore, was forcibly acquired for just Rs 494 crore
 "Former CMD alleges foul play in Kakinada port stake sale; files case")
Pernod Ricard internal probe reveals that top India exec violated laws
Enforcement Directorate, in Jan. 2023 accused Pernod Ricard India (PRI) of engaging in money laundering by unlawfully facilitating $24 million in corporate guarantees
 "Pernod Ricard internal probe reveals that top India exec violated laws")
Consistently scored high on punctuality, says IndiGo; refutes survey result
The survey was done by by AirHelp, an EU claim processing agency. It compared the world's biggest and most popular airlines and rated them according to their punctuality and quality of service
 "Consistently scored high on punctuality, says IndiGo; refutes survey result")
China losses force GM to take $5 bn restructuring charge, cut assets' value
The Detroit automaker said in a regulatory filing Wednesday that it will cut the value of its equity stake in the ventures by $2.6 billion to $2.9 billion when it reports its results early next year
 "China losses force GM to take $5 bn restructuring charge, cut assets' value")
Brickwork Ratings settles matter with mkt regulator Sebi for Rs 1.54 crore
In January 2020, Sebi and the Reserve Bank of India had undertaken a joint inspection of Brickwork, where the two regulators found "several irregularities"
 "Brickwork Ratings settles matter with mkt regulator Sebi for Rs 1.54 crore")
PURE EV to expand dealership network, launch new products by 2027
PURE EV is the first to integrate Nano PCM (Phase Change Material) into its battery systems for efficient thermal management, Dongari said. This innovation eliminates the risk of unsafe thermal incide
 "PURE EV to expand dealership network, launch new products by 2027")
Suzlon, Jindal Renewables expand partnership with new wind power project
Suzlon's total order book now stands at a highest ever 5.4GW. Its stock soars almost 4% on Wednesday
 "Suzlon, Jindal Renewables expand partnership with new wind power project")
Akash Systems wins $27 mn contract from NxtGen to provide cooling servers
Deal will help NxtGen in providing energy-efficient AI computing solutions
 "Akash Systems wins $27 mn contract from NxtGen to provide cooling servers")
Meja Urja Nigam board approves first dividend of Rs 350 cr for FY25
The dividend will be paid in ratio of 50:50 to promoter entities NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) by this week
 "Meja Urja Nigam board approves first dividend of Rs 350 cr for FY25")
UK's Vodafone Group to sell remaining 3% stake in India's Indus Towers
Post this, Vodafone's stake in Indus Towers will fall below 1 per cent. Before this transaction Vodafone had 82.5 million shares or 3.1 per cent stake in Indus Towers
 "UK's Vodafone Group to sell remaining 3% stake in India's Indus Towers")
Honda to launch 3 new models in India by FY27 to tap growth in SUV segment
The company, which is present in India through a wholly-owned subsidiary, currently sells just one SUV model -- Elevate -- in the market with the other two products being Amaze and City sedans
 "Honda to launch 3 new models in India by FY27 to tap growth in SUV segment")
Adani Defence delivers 2nd Drishti-10 Starliner surveillance drone to Navy
Drishti 10 Starliner drone, manufactured by Adani Defence, is an advanced intelligence, surveillance, and reconnaissance (ISR) platform with 36 hours endurance
 "Adani Defence delivers 2nd Drishti-10 Starliner surveillance drone to Navy")
Bharti Airtel signs multi-billion deal with Ericsson for 4G, 5G expansion
Airtel inks multi-billion-dollar deal with Ericsson to extend 4G, 5G contracts; aims to enhance network capacity, coverage, and customer experience amid fierce market competition
 "Bharti Airtel signs multi-billion deal with Ericsson for 4G, 5G expansion")
Oyo's premiuim hotel brand 'SUNDAY' launches first international hotel
The premium brand of properties was originally launched in May 2023 in India by the joint venture between the Softbank and Oravel Stays. At present, there are three SUNDAY properties in India with a
 "Oyo's premiuim hotel brand 'SUNDAY' launches first international hotel")
Suzlon Group secures order of 302 MW wind project from Jindal Renewables
The power generated will be used at steel plants in Chhattisgarh and Odisha, Suzlon said
 "Suzlon Group secures order of 302 MW wind project from Jindal Renewables")
StanChart aims $200 bn in new wealth assets, eyes Chinese, Indian clients
The bank sees good growth opportunities particularly as clients look to move businesses out of China
 "StanChart aims $200 bn in new wealth assets, eyes Chinese, Indian clients")
Reliance-owned Viacom18 acquires Jiohotstar.com domain name after long wait
This final transfer solidifies Reliance's control over the domain, marking the resolution of the extended ownership debate
 "Reliance-owned Viacom18 acquires Jiohotstar.com domain name after long wait")
Antler India plans to invest Rs 211 crore in 50 start-ups in 2025
Antler's next Residency cohort in India is scheduled to commence in February 2025
 "Antler India plans to invest Rs 211 crore in 50 start-ups in 2025")