Page 607 - Company News

Adani Airport Holdings raises Rs 1,950 crore through biggest bond issue

SBI Equity Hybrid Fund, Aditya Birla Finance and Aditya Birla Sunlife Mutual Fund are the anchor investors and have invested Rs 285 crore, Rs 100 crore and Rs 50 crore, respectively

Vidyut, JSW MG Motor India launch battery-as-a-service for passenger EVs

The collaboration aims to make EVs more accessible by allowing customers to rent batteries at a minimal usage-based cost, reducing overall running costs compared to traditional ICE vehicles

Dr Reddy's Laboratories completes acquisition of Haleon's NRT portfolio

Dr Reddy's Laboratories SA has completed the acquisition through the purchase of shares of Northstar Switzerland SARL, a Haleon group company

Royal Enfield initiates global recall over safety issue with reflectors

Although there have been no major incidents reported, Royal Enfield is recalling these motorcycles as a precautionary measure to maintain high safety standards

Govt assigns additional charge of RINL's CMD to Ajit Kumar Saxena

Saxena is currently the Chairman and Managing Director (CMD) of MOIL, a PSU under the Ministry of Steel

India unique market, offers huge growth potential: Alma Lasers CEO Dayan

The company has a strong presence across Asia, particularly in India, China, Korea, Japan, and Australia. Alma operates directly in these regions through its subsidiaries

AT&T sells 70% stake in DirecTV to private equity firm TPG for $7.6 bn

AT&T would receive an initial payment of $2 billion in 2025, and additional payments through 2029, the company said in a filing on Monday

Solex Energy plans to scale up manufacturing capacity to 15 GW by 2030

"We will increase module manufacturing capacity from 1.5 GW to 15 GW. The execution of the plan will require an investment of around Rs 8,000 crore," Shah said

Payment app CRED reports 66% increase in revenue to Rs 2,473 cr in FY24

Total Payment Value (TPV) for the platform surged 55 per cent to Rs 6.87 trillion, while monthly transacting users (MTU) rose by 34 per cent

Tata iPhone component plant in TN halts production indefinitely after fire

The fire broke out at the plant in Tamil Nadu state early on Saturday, leaving 10 people with minor injuries and halting production

Larsen & Toubro unit wins major energy management projects in South India

L&T DES will implement these Energy Management Systems across Andhra Pradesh, Kerala, Puducherry, Tamil Nadu, and Telangana

AI-Vistara merger: Systems integration in progress after initial assessment

Vistara, a joint venture between Tatas and Singapore Airlines, is set to be merged with Air India in November

UST widens India footprint with Kochi campus, to create over 3,000 jobs

The California, US-headquartered company is gearing up to inaugurate its own campus in Kochi, Kerala, by December 2027, according to a release

Sony India records 21% growth in 2023-24; bets big on premium TV segment

"So we are very hopeful that Diwali should be pretty strong as far as the sales is concerned. Hopefully, we are getting a growth of high double digit this time," Sony India MD told PTI

Adda247 acquires PrepInsta to expand into tech and digital skilling space

With this acquisition, Adda247 will enhance its offerings in artificial intelligence, cloud computing, and data science, positioning itself as a leader in developing top talent for global digital firm

Greenzo Energy gets hydrogen project; order book stands at Rs 1,200 cr

This project will be implemented at the 2x660 MW Ennore SEZ Supercritical Thermal Power Plant, owned by TANGEDCO, Greenzo Energy said

IPO rush: Hyundai, Swiggy among cos looking to raise Rs 60K cr in Oct-Nov

The strong momentum in IPO markets is driven by several key macroeconomic, sector-specific factors and the willingness of funds to look at new ideas

Coldplay concert row: Mumbai Police issues second summon to BookMyShow CEO

The investigation was launched after a complaint by advocate Amit Vyas, who accused BookMyShow of facilitating the unauthorised resale of tickets for Coldplay's concert

Max Estate nets Rs 4,100 crore in pre-sales from maiden Gurugram project

Launched on August 27 this year, Estate 360 is located on Dwarka Expressway in Sector 36A

Air India's new fatigue policy under fire: Is pilot safety at risk?

Under the new policy, fatigue reports will be reviewed by multiple departments, and if deemed unsubstantiated, will be marked as 'sick'