Page 612 - Company News

Adani Green Energy signs 50-50 joint venture pact with TotalEnergies

AGEL and TotalEnergies own a 50:50 stake in ARE64L, which houses a 1,150 MWac (megawatt alternate current) project portfolio

Amazon is making its Local Shops program more robust this festive season

'Local Shops on Amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce

Amazon leverages air, rail for faster festive deliveries across India

Amazon was the first e-commerce company to partner with Indian Railways in 2019

Accenture raises FY25 revenue growth guidance to 3-6% despite FY24 miss

"We are hiring primarily in India," says Julie Sweet

IndiGrid unitholders approve move to raise Rs 695 cr via preferential issue

As per its website, its assets under management (AUM) stand at Rs 29,255 crore. It has 22,550 MVA electricity transformation capacity

Thermax looks to double business in existing international markets

Thermax, Bhandari said, has a renewed focus on energy transition technologies, particularly hydrogen, carbon capture, and water management

Biocon inks licensing, supply pact with Tabuk Pharmaceutical Manufacturing

The pact also provides for provision to expand to other 'GLP' products, as well as option of tech transfer that will enable localised manufacturing at a later stage, the firm said

Balmer Lawrie plans Rs 700 cr capex to diversify into ethanol production

It plans to diversify into ethanol production, set up a free trade warehousing zone (FTWZ) in Mumbai and upgrade facilities, Chairman and Managing Director Adhip Nath Palchaudhuri told reporters

IDBI Bank launches OTS scheme for retail NPA borrowers to boost recovery

Outstanding principal of Rs 2,300 crore in focus

Tata Electronics, PSMC sign pact for Rs 91,000 cr chip manufacturing unit

Tata Electronics' Dholera-based Fab will have a manufacturing capacity of up to 50,000 wafers per month

Tata Play expands OTT reach to Philippines through tie-up with Cignal TV

Tata Play's OTT platform Binge will now expand to Philippines as the company has entered into partnership with the country's local media - Cignal TV to launch the Cignal Super app

Ola Electric plans 10,000 outlets by 2025, targeting smaller cities

Ola Electric plans to open 10,000 sales and service outlets by 2025 - a move aimed at boosting its presence in smaller cities across India

NCLAT gives go-ahead to IECCL resolution, delinks with other IL&FS cos

ICICI Bank has opposed the sale of 42.25 per cent in IECCL, contending 100 per cent share capital should be sold to fetch a better value for the company

SpiceJet clears salary dues days after raising Rs 3K crore through QIP

The domestic passenger market share of the airline had shrunk to just 2.3 per cent in August this year, as per the latest data released by the Directorate General of Civil Aviation (DGCA)

SpiceJet settles salary dues following successful Rs 3,000 crore QIP

SpiceJet's financial woes have been compounded by its inability to secure additional funding, resulting in defaults on lease payments for its aircraft

SpiceJet clears pending salaries after Rs 3,000 crore capital infusion

"Pending salaries of employees were disbursed on Wednesday evening," the spokesperson said on Thursday without divulging further details

Star Health sues Telegram after hacker uses app chatbots to leak data

Star Health has sued Telegram and a hacker for leaking sensitive data via chatbots on the platform, which has recently been under increased scanner for its policies

CBI registers bank fraud case against promoters, directors of Cox and Kings

It is alleged that the company submitted manipulated records to get credit facilities from Yes Bank, officials said

Entod Pharma meets DCGI, issues clarification over eye drop 'claims'

Move comes after drug regulator had suspended nod granted to firm to manufacture, sell PresVu eye drops

Coal India arm BCCL books 2.40 million tonnes coking coal for steel sector

BCCL CMD Samiran Dutta said efforts to make the auction process more inclusive and transparent have paid off significantly