Page 533 - Company News

Nykaa acquires majority stake in clean beauty brand Earth Rhythm

Nykaa had previously acquired a minority stake in the company in 2022 through a combination of primary and secondary transactions

Over 90% Indian businesses raised sustainability funds over last yr: Report

Indian CXOs have significantly ramped up sustainability investments, with 91 per cent reporting an increase over the last year despite challenges such as a lack of sustainable solutions

Auto major Honda finally enters electric scooter market, banking on 'trust'

Unveils swappable battery-run 'Activa E' and fixed battery-run 'QC1'

Pocket FM's revenue up 6x to Rs 1,052 crore in FY24, losses reduced

The revenue growth was primarily driven by subscription income from micro-transactions

Mahindra to invest Rs 4.5k cr for growth of two new electric brands

The Mumbai-based auto major is creating production of capacity of 90,000 units per annum at its Chakan-based plant for the two ground-up 'Born Electric' models -- BE 6e and XEV 9e

Emami Realty to develop Rs 15,000 cr worth realty projects in 7 years

In a statement on Wednesday, Emami Realty said it will "develop 22 million square feet of residential and commercial spaces over the next 7 years across major cities in India."

Vedanta and PwC partner on carbon reduction initiatives in Odisha

The companies plan to distribute 2,000 improved cookstoves and work to replace invasive plant species

Amid human rights concerns, Volkswagen to exit China's Xinjiang plant

Amid allegations of Uyghur rights abuses, Volkswagen and SAIC will sell their Xinjiang plant and testing tracks in Turpan and Shanghai's Anting to SMVIC

Gaurs Group to invest Rs 750 cr on new housing project in Greater Noida

The company will develop 5 million (50 lakh) sq ft of commercial space in the upcoming Grade-A project

Aster DM Healthcare to acquire remaining 13% stake in Prerana Hospital

The complete acquisition of Prerana Hospital Ltd marks a significant milestone for Aster DM Healthcare

Flying Air India? You can have the Vistara experience on 5 prime routes

Such flights will operate with 'AI'-prefixed four-digit flight numbers beginning with '2', such as AI2999 from Delhi to Mumbai.

Sembcorp Industries bags 300MW wind-solar hybrid project from NTPC

The project is expected to be ready for commercial operation within 24 months from the date of signing the PPA

Horses for courses: ITC devises bespoke plans for distribution channels

In Q2FY25, ITC's sales on quick commerce grew by over 50 per cent year-on-year on a smaller base, contributing 50 per cent of its overall e-commerce sales

G G Tronics bags Chittaranjan Locomotive order to supply KAVACH equipment

The order value is between Rs 500 crore to Rs 600 crore and execution time for this order is 12 months

Wipro brings in new Europe head Omkar Nisal to revive market amid slowdown

Europe, despite being Wipro's second-largest market after the United States, has been underperforming in recent years

No clarity on who was bribed: Former AG Mukul Rohatgi on Adani-US SEC row

Former Attorney General Mukul Rohatgi said that while the charges refer to allegations of Adanis bribing Indian entities, they do not specify the method of bribery or the persons involved

EV leasing firm Alt Mobility raises $10 mn from Eurazeo, other investors

Alt Mobility said the fresh capital infusion would help in its next phase of growth, including expanding the capabilities of its digital asset management platform and driving standardization of batter

Gautam Adani faces no bribery charges, Adani Group counters US DoJ claims

Adani Green has denied media reports claiming Adani executives were charged with bribery and corruption, clarifying that the charges relate to wire and securities fraud

Gautam Adani, nephew not charged under US FCPA, says Adani Green Energy

In a stock exchange filing, Adani Green Energy Ltd, which is at the centre of the bribery allegations, said reports claiming that the three have been charged with FCPA violations 'are incorrect'

IndiGo issues advisory for flights to/from Chennai due to bad weather

According to the India Meteorological Department (IMD), the deep depression over the Southwest Bay of Bengal moved nearly northwards with a speed of 10 kmph in the past few hours