Page 519 - Company News

CEAT inks pact with Michelin to buy off-highway tyres segment for $225 mn

Camso is a premium brand in construction equipment tyres and tracks with strong equity and market position in the EU and North American aftermarket and OE segments, the company said

TVS Motor unveils next-gen RT-XD4 engine platform developed at Hosur centre

"The TVS RT-XD4 is a major milestone, the result of our focus on creating a unique and compelling TVS riding experience," said Sudarshan Venu, MD of TVS Motor Company

Adani's Kutch copper refinery to help cut reliance on imports: Govt

In quantity terms, about 69% of the country's refined copper imports come from Japan

JP Morgan sees no signs of stress across key Adani Group entities

Global brokerage gives 'overweight' rating to four Adani Group bonds, but sounds a note of caution on a bond issued by Adani Green Energy

Waste management co Blue Planet acquires NZ-based Smart Environmental Group

Smart is a market leader in New Zealand, serving municipal, commercial, and consumer segments

GMR Hyderabad Air Cargo secures certification of CTPAT from US CPB

A press release from GMR said this achievement underscores GMR Hyderabad Air Cargo's (GHAC) commitment to maintaining the highest standards of security in its operations

Various product categories available via Flipkart Minutes during EOSS sale

Flipkart has announced its 'End of Season Sale' (EOSS) event beginning December 7, 2024

Dabur faces Rs 4.42 cr customs penalty, vows to contest in appellate court

Dabur India faces a Rs 4.42 crore tax demand from Customs for IGST on imports from 2019-2024; the FMCG firm plans to appeal, citing strong merits for a favourable outcome

Tata Power prefers domestic market over lucrative solar exports: CEO

The export of Indian modules has surged more than 23 times during the last two years, with the United States accounting for more than 97% of India's exports

Orange Health Labs raises $12 million in funding led by Amazon Smbhav

The company offers diagnostics directly to customers' doorsteps, with booking available through its website or app

Paytm set to sell stake in Japan's PayPay to SoftBank for $250 million

Paytm's parent, One97 Communications, is set to sell its $250 million stake in PayPay to SoftBank as part of its strategy to divest non-core assets and focus on expanding its payments business

Air India Express expands, defers Kolkata-Dhaka direct flight plans

The airline had initially planned to launch the Dhaka services in September with six weekly flights

JP Morgan gives 'overweight' rating to 4 Adani bonds on growth capability

Under the risks section, it said that Adani bonds could do well than anticipated if there is a quick resolution of the US SEC and Department of Justice indictments

After Audi and Hyundai, Maruti Suzuki to raise car prices starting Jan 1

Several automakers have announced price increases for their vehicles starting January 2025, citing rising input costs, operational expenses, and supply chain disruptions

Torrent Power secures Rs 3,500 crore via QIP at Rs 1,503 per share

The company had earlier said that there was an ongoing requirement of working capital and capex for the upgradation/expansion

VW workers step up strikes in order to fight German plant closures

The IG Metall union said workers would down tools for four hours at nine different sites in so-called "warning" strikes across the country

Blinkit vs Instamart: Chasing a moving target in quick commerce race

Instamart's GOV growth has not translated into significant margin improvements, as higher marketing and employee expenses offset gains from reduced contribution margin losses

Samsung rolls out One UI 7 beta with AI, security upgrades in India

The new One UI will provide security and privacy updates that will prevent unauthorised access to the devices with features like block USB connections, check attempts to install malware

BharatPe launches 'Shield' to protect users from digital transaction frauds

BharatPe Shield covers risks such as computer fraud, phishg attacks, and unauthorised transactions caused by phone loss

Taking steps to deal with fog, poor visibility in winter season: Air India

The Tata Group-owned Air India faced a Rs 30 lakh fine from the DGCA in January this year for not having enough pilots trained to fly in low visibility conditions ahead of the fog season