Page 526 - Company News

Temasek Holdings gets CCI nod to acquire stake in foodtech firm Rebel Foods

Temasek Holdings, through its arm Jongsong Investments Pte, is acquiring a stake in Rebel Foods -- which owns Faasos, Behrouz Biryani, Oven Story and other cloud kitchens

Axis AMC, Axis MF Trustee pay Rs 16.57 lakh to settle case with Sebi

The order came after the applicants proposed to settle the instant proceedings initiated against them, without "admitting or denying the findings of facts and conclusions of law"

Ahead of IPO, NTPC Green Energy sets up joint venture with MSPGCL

The JV will be engaged in the business of developing, operating and maintaining renewable energy parks in Maharashtra

Swiggy Instamart wins quick commerce race with 8-minute delivery: JPMorgan

Swiggy Instamart was only two minutes over its 6-minute delivery promise, achieving a median delivery time of 8 minutes across the top four Indian cities, the fastest among its peers

Nippon Life India acquires commercial spaces worth Rs 486 crore in Mumbai

The transactions were registered with the inspector general of registration (IGR) on November 21

Meesho unveils multilingual Gen AI-powered voice bot for human-like support

Designed to autonomously handle a wide range of customer interactions, Meesho said the voice bot currently handles about 60,000 calls daily

Angel One's AMC arm gets Sebi's approval to launch mutual fund business

As passive investing continues to gain traction, Angel One Mutual Fund's commitment to this approach addresses the rising demand from clients seeking simplicity and cost-efficiency in their portfolios

Andhra to review power deal linked to Adani Group amid US SEC charges

The Andhra Pradesh government was set to procure 7,000 MW of solar power from Adani Group through Seci aiming to supply cost-effective power to the agricultural sector

AVPL International to invest Rs 15 cr for drone manufacturing unit in Bihar

The new facility, which will be set up in an area of 16,000 sq ft in the Bihta Industrial Area, will have the capacity to produce up to 24,000 drones annually

JSW Steel, SAIL seek Mongolian coking coal imports amid high steel demand

JSW Steel plans to purchase 2,500 metric tons, while SAIL aims to secure 75,000 metric tons of coking coal from Mongolian

Saudi Arabia signs $9 bn metals deals with firms including Vedanta, Zijin

The kingdom's growing mining industry is part of the Vision 2030 plan to diversify the economy and cut reliance on fossil fuels.

Ola Electric launches Gig, S1 Z range of scooters, price start at Rs 39,999

Ola Electric has launched its new range of scooters Gig and S1 Z. Deliveries for the Ola Gig and Ola S1 Z series are scheduled to begin in April and May of 2025 respectively

Delhi HC stays clean energy agency's ban on Ambani's firm Reliance Power

Reliance NU BESS had submitted a bank guarantee purportedly issued by the FirstRand Bank through its branch supposed to be located in Manila City, Manila, the Philippines

JSW Steel, SAIL in discussions with Mongolia for coking coal shipments

JSW Steel, the country's biggest steelmaker by capacity, plans to buy 2,500 metric tons, while SAIL aims to import 75,000 metric tons of the steelmaking raw material from Mongolia

Consumer forum fines Flipkart Rs 10,000 for refusing to return fake product

Flipkart's rejection of the return, citing its 'no return policy', was deemed an unfair trade practice by the consumer court

Amway India loss widens to Rs 52.78 cr in FY24, sales flat at Rs 1,283.7 cr

Amway India Enterprises is a wholly-owned subsidiary of Ada, Michigan, US-based Alticor Global Holdings Inc., which is one of the largest direct-selling companies in the world

Huawei plans to drop Google's open-source Android tech in gadgets from 2025

The company's new flagship phone, the Mate 70, will debut HarmonyOS Next, the iteration of its operating system that does away with remnants of Android in favor of entirely indigenous tech

AstraZeneca Pharma gets nod for sale, distribution of cancer drug Lynparza

The Central Drugs Standard Control Organisation granted approval for the drug's use in combination with Durvalumab for the maintenance treatment of advanced or recurrent endometrial cancer in adults

ICRA Analytics ventures into Indian cybersecurity market with Bitsight

This partnership will enable ICRA Analytics to offer cutting-edge cyber risk management solutions to clients across India

Zomato opens Rs 8,500 cr QIP offering, sets floor price at Rs 265.91

Zomato CEO Deepinder Goyal had shared that the proposed fundraise is meant to strengthen its balance sheet