Page 516 - Company News

Andhra Pradesh discoms to procure about 2000 MW power from SECI next FY

The move comes weeks after the Solar Energy Corporation of India (SECI) agreement with Andhra discoms became controversial

Airtel's AI-powered spam filter catches 8 bn calls and 0.8 bn SMS

Up to 6 per cent of all calls, 2 per cent of SMS noted as spam on the Airtel network

Metropolis Healthcare to acquire Core Diagnostics for Rs 247 crore

The company's board has approved the acquisition of 100 per cent stake in Core Diagnostics from its existing shareholder Core Diagnostics (Mauritius) Pvt Ltd

Debt-ridden Vodafone Idea to raise Rs 1,980 crore through share issue

Vodafone Idea said it will issue shares to Vodafone Group entities Omega Telecom Holdings and Usha Martin Telematics worth up to Rs 1,280 crore and Rs 700 crore, respectively

China's BYD on track to top 2024 sales goal and outsell Ford, Honda

Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ahead of Japan's Honda and Detroit-based Ford for 2024

MapmyIndia parent scraps plan to invest in outgoing CEO's firm, shares rise

MapmyIndia powers Apple Inc's maps in the country and garners 99 per cent of its revenue from providing map-related services to other businesses

Govt allows Adani Krishnapatnam Port to import petroleum up to March 2026

Owned and operated by Adani Ports and Special Economic Zone Limited (APSEZ), Adani Krishnapatnam Port Ltd is an all-weather deep water port located on the East Coast of Andhra Pradesh

Startups positioning India for exponential economic growth: Zupee CEO Malhi

Speaking at the India Internet Governance Forum (IIGF) 2024, Malhi said startups are adding value to society's experiences and redefining how people experience education, healthcare

CCI seeks SC hearing to expedite investigation in Amazon, Flipkart cases

The commission's investigation unit concluded in August that Amazon and Flipkart breached India's antitrust laws by favouring selected sellers on their websites

Govt nod to Adani Krishnapatnam Port for petro import in 'public interest'

The notification to allow continued petroleum imports at Krishnapatnam Port had a positive impact on the shares of Adani Ports, which gained over 1 per cent intraday on the Bombay Stock Exchange

Hyundai Motor to set up 600 charging stations for EVs over next 7 years

India's second-largest carmaker is set to launch its first mass-market electric car, the Creta EV, in the coming months

Group to invest over Rs 7.5 trillion in Rajasthan, says Karan Adani

As part of its investments, it plans to set up four new cement plants to build additional capacity of 6 million tonnes per annum

AI-powered solution helped block 8 bn spam calls, 0.8 bn SMSes: Airtel

Delhi has seen the highest number of spam calls, followed by Andhra Pradesh and Western Uttar Pradesh. Most spam calls originated in Delhi, with Mumbai and Karnataka next

LG to set up new plant at Andhra, fears competition from parent entity

Besides, it is increasing the sourcing of raw materials from the local market, which is helping it meet consumer demands

Adani Group most attractive among Indian investment grade cos: Nomura

The Japanese firm also sees 'minimal risk' of termination of 8 gigawatt (GW) Solar Energy Corporation of India (SECI) solar manufacturing-linked projects

Eli Lilly to launch its obesity drug at competitive price in India in 2025

Lilly's rival Danish firm Novo Nordisk is also working to bring its obesity drug Wegovy (Semaglutide) to India soon, and according to reports the company may launch Wegovy in 2026

Flipkart plans IPO within 12-15 months, prepares to shift base to India

Flipkart, valued at $36 billion, is planning to launch its initial public offering by 2025-26, and will be shifting its domicile from Singapore to India

e2W companies charge up service network amid increasing complaints

Ather plans to convert all its 215 service centres into Gold service centres. Additionally, Ather's ExpressCare ensures vehicles are serviced and ready within 60 minutes

Tirunelveli powers India's solar ambitions with a new facility by Tata

With a capacity of 4.3 gigawatt (Gw) each for cells and modules, the plant is designed with many open spaces available for future expansion

Khorlochhu Hydropower Project in Bhutan to commission in 2029: Tata Power

The 600 MW project is being developed on the Kholongchhu River in the eastern part of the neighbouring nation