Page 515 - Company News

Juniper Green signs pact to procure 1GW solar modules from First Solar

The Gurgaon-based renewable energy company plans to deploy these modules in the coming financial year for its projects across Rajasthan, Gujarat and Maharashtra, a company statement said

E-comm firms must ensure transparency, trust: Pralhad Joshi at Amazon event

The future of e-commerce in India is bright, inclusive and transformative, the minister said emphasising the sheer size, and potential of India market, Union minister added

Alpha Wave, two others eye 15% stake in Haldiram's at $9 bn valuation

Haldiram's founding promoters, the Agarwal family considering an IPO post-sale, aiming for a Rs 93,500 crore valuation

Adani seeks new lifeline for troubled power plant amid B'desh pay backlog

The Adani plant, which accounts for about a 10th of Bangladesh's power consumption, has already racked up as much as $790 million of dues as of the end of September

Reliance Industries seeks up to $3 bn loan to refinance debt due in 2025

About half a dozen banks are in discussions with the Indian conglomerate for the loan, which would be syndicated to wider market in the first quarter of 2025

Salary, wage expenses growing faster than revenues for India Inc

The analysis is based on a common sample of 667 companies from BSE 500, BSE Mid Cap and BSE Small Cap Index excluding their listed subsidiaries

Tata Power consistently meets guidance, growth inspires confidence

Tata Power has consistently met guidance. Profitability till FY30 will be driven by RE, T&D, and hydro

Paytm shares increase threefold after non-core business divestment

The company is seeing signs of recovery, with monthly transacting users (MTUs) at 71 million at the end of the September quarter of this financial year

Tata Group-owned Air India places an order with Airbus for 100 planes

Full-service carrier Air India and its low-cost airline subsidiary Air India Express currently have a fleet of about 210 and 90 planes, respectively

BP forms offshore wind JV with Japan's JERA in renewables retreat

BP's retreat from offshore wind reflects a similar trend at rivals Shell and Equinor, which are trying to boost near-term profits by spending more on higher-return oil and gas operations

Vi board approves plan to raise Rs 1,980 crore from promoter units

Omega Telecom Holdings and Usha Martin Telematics to hold nearly 3 per cent of Vi after issue

Mahindra Electric Automobile to not use '6e' till disposal of IndiGo suit

Mahindra stated it will rebrand the model from BE 6E to BE 6 but plans to contest IndiGo's claims in court

Metropolis Healthcare adds Core strength to specialty cancer diagnostics

Buys 100% stake in Core Diagnostics through cash, stock for Rs 247 crore

Brookfield India Reit launches QIP issue to raise up to Rs 3,500 cr

The board of directors of Brookprop Management Services approved the issuance of units of Brookfield India REIT through an institutional placement of units not exceeding Rs 3,500 crore

PFC raises Rs 6,252 crore via issuance of bonds with different maturities

DME Development issues its first green bond

Lumina Datamatics to acquire Chennai-based TNQ Tech for Rs 336 crore

The acquisition is expected to be completed in two tranches, with 80 per cent stake to be purchased by December 31, 2024, and the remaining 20 per cent by July 31, 2026, company MD and CEO Sameer Kano

Flipkart-backed super.money jumps to sixth position in UPI volumes

In October, the company was the 12th-largest player on UPI

China targets Nvidia with antitrust probe, escalating US chip tensions

The investigation comes after the US last week launched its third crackdown in three years on China's semiconductor industry

Kia, Tata Motors announce price hikes from Jan due to rising input costs

Maruti, Hyundai and Mahindra & Mahindra (M&M) have already announced to increase prices

Tata Power to invest Rs 1.2 trillion in renewable energy in Rajasthan

Home to the largest solar parks in the country, Rajasthan is among the top states in terms of installed renewable capacity. The solar capacity in the state surpasses 18 GW, making it a leading state