Page 546 - Company News
Adani bribery charge impact: Vedanta Resources defers dollar bond issue
India Inc. will likely continue to tap the dollar bond market in the long run, given the strong demand for high-yield papers
 "Adani bribery charge impact: Vedanta Resources defers dollar bond issue")
Zomato's Deepinder Goyal receives 10K applications for chief of staff role
Rs 20 lakh fee was a filter, says Zomato's Goyal
 "Zomato's Deepinder Goyal receives 10K applications for chief of staff role")
Gautam Adani's US indictment rattles stocks, Kenya cancels airport deal
News of the charges wiped billions of dollars on Thursday from the market value of companies within Adani Group
 "Gautam Adani's US indictment rattles stocks, Kenya cancels airport deal")
Ahead of IPO, Enviro Infra Engineers bags Rs 195 cr from anchor investors
As per the circular, Enviro Infra Engineers has allotted over 1.31 crore equity shares to 22 funds at Rs 148 apiece, which is also the upper end of the price band
 "Ahead of IPO, Enviro Infra Engineers bags Rs 195 cr from anchor investors")
Synergy Marine Group growing vegetables on its vessels using AI tech
These units, which are about the same size as standard refrigerators or wine coolers, allow the crew to enjoy freshly picked vegetables in the middle of the ocean, it added
 "Synergy Marine Group growing vegetables on its vessels using AI tech")
Tata Power, ADB ink pact for $4.25 bn finance for key energy projects
The MoU outlines the evaluation of financing for several key ongoing projects such as the 966-MW solar wind hybrid project and pumped hydro storage project
 "Tata Power, ADB ink pact for $4.25 bn finance for key energy projects")
Hyundai Motor targets 100% renewable energy by 2025, to set up two TN units
The company signed a power purchase and shareholder agreement with Fourth Partner Energy Ltd to boost its renewable energy component from the current 63 per cent of total need
 "Hyundai Motor targets 100% renewable energy by 2025, to set up two TN units")
Uniqlo India aims Rs 1k cr sales mark in FY25, to increase local sourcing
Uniqlo, which opened its first store in October 2019 in India, currently operates a network of 13 stores here
 "Uniqlo India aims Rs 1k cr sales mark in FY25, to increase local sourcing")
Nokia, Microsoft Azure extend multi-year deal for data centre scalability
As part of the agreement, Nokia will supply its 7250 IXR-10e platform to ensure multi-terabit interconnectivity within Microsoft's data centres
 "Nokia, Microsoft Azure extend multi-year deal for data centre scalability")
CIL to supply coal beyond normative requirement to non-regulated sector
The decision, taken on November 13, will be applicable tranche VIII linkage auction onwards, which is scheduled to begin soon
 "CIL to supply coal beyond normative requirement to non-regulated sector")
Adani cos tried to enter Delhi power sector but Kejriwal stopped them: AAP
This was concealed from the US banks and investors from whom the Adani group raised billions of dollars for the project, the prosecutors have alleged
 "Adani cos tried to enter Delhi power sector but Kejriwal stopped them: AAP")
Ashok Leyland strengthens retail presence in east with West Bengal outlet
With the setting up of new facility in Siliguri, the light commercial vehicle distribution network grew to more than 800 touch points, Ashok Leyland said
 "Ashok Leyland strengthens retail presence in east with West Bengal outlet")
Bhavish Aggarwal-led Ola Electric plans restructuring; to impact over 500
The restructuring looks to enhance operational efficiency and improve profit margins as the company works towards achieving profitability
 "Bhavish Aggarwal-led Ola Electric plans restructuring; to impact over 500")
Two Adanis, a foreigner, and 5 others charged with corruption: Who they are
Gautam Adani US bribery case: Eight people, including Gautam Adani, his nephew Sagar Adani, and an individual named Cyril Cabanes, have been named by the US SEC in the alleged corruption case
 "Two Adanis, a foreigner, and 5 others charged with corruption: Who they are")
Vedanta Resources delays dollar bond issue over Adani-linked allegations
The firm had planned to raise funds via dollar denominated bonds maturing in three years and six months
 "Vedanta Resources delays dollar bond issue over Adani-linked allegations")
Gautam Adani charged by SEC: Key FCPA corruption cases and their results
US SEC accused Gautam Adani and seven others of paying $265 million in bribes to Indian government officials to secure solar energy project contracts for Adani Green Energy
Gautam Adani charged by US in $265 million bribery case: Top things we know
Gautam Adani, his nephew Sagar, and Cyril Cabanes, a former board member of Azure Power, charged by the US SEC in a bribery and fraud scheme
 "Gautam Adani charged by US in $265 million bribery case: Top things we know")
SEC charges Adani in $265 mn bribery scandal: Here are the key allegations
The case alleged that Gautam Adani and others conspired to pay about $265 million in bribes to Indian govt officials to secure energy contracts for Adani Green. To understand the allegations, read:
 "SEC charges Adani in $265 mn bribery scandal: Here are the key allegations")
Apple taps over 40 Indian companies for supply chain as China ties strain
Apple has partnered with over 40 Indian firms, including Dixon, HCLTech, and Wipro, to strengthen its local supply chain as Chinese partners face legal and tax challenges in India
 "Apple taps over 40 Indian companies for supply chain as China ties strain")
BEML gets Rs 246.78 cr truck supply order from Central Coalfields
As part of the order, BEML said it will supply 48 BH60M rear dump trucks, along with spares, and also provide after-sales service support
 "BEML gets Rs 246.78 cr truck supply order from Central Coalfields")