Page 622 - Company News

Amazon Great Indian Festival to begin from September 27, check top deals

The Amazon Great Indian Festival Sale is set for live on September 27, 2024. Major savings are expected in a variety of categories, in the grand sale, from home and kitchen appliances to so much more

Aurobindo to acquire remaining 49% stake in GLS Pharma for Rs 22.5 crore

"This acquisition is undertaken to hold the entire ownership of GLS by the company," it said, adding that the transaction is estimated to be completed before December 31, 2024

TPREL pledges Rs 75,000 crore to achieve 20GW solar capacity by 2030

Talking to PTI Videos on Tuesday, TPREL President Deepesh Nanda said that the company is already operating 5 GW capacity and has another 5 GW under construction

SBI raises Rs 7,500 crore through issuance Basel III-compliant bonds

In a regulatory filing, SBI said the issue attracted overwhelming response from investors with bids in excess of 3 times against the base issue size of Rs 4,000 crore

FinOps platform Bluecopa raises $1.8 million in pre-Series A round

The Hyderabad-based company will use the fresh capital to expand market reach, improve artificial intelligence (AI) capabilities, and advance product development.

Reliance Infra cuts standalone external debt by 88% to Rs 475 crore

The company recently announced its plan of raising long-term capital

Zee Entertainment refutes $940 million damages claim by Disney's Star India

The dispute centres on an alliance agreement between Zee and Star India valued at $1.4 billion for the broadcasting rights for International Cricket Council (ICC) events

Tata Power Renewable Energy bags 400 MW wind-solar project from MSEDCL

The LoA was issued through a competitive bidding process conducted via an electronically-based reverse auction portal

Chennai-based fintech Kaleidofin announces raising $13.8 mn in funding

Company provides loans to low-income customers and businesses in informal economy

TCS signs deal with McDonald's Philippines to digitise ops at 760 outlets

Indian company will implement an advanced upgrade of McDonald's IT systems in the Philippines

India presents opportunity, world moving into Indian era: Salesforce

Speaking to reporters on the sidelines of the annual "Dreamforce" event here, Benioff said the opportunities in India are "exciting" and the company has invested in the country aggressively

Samsung workers consider legal action as protests continue at Chennai plant

Workers at Samsung's Chennai manufacturing facility have now entered their ninth day of strike as they push for better wages, working conditions, and union recognition

Reliance Infra settles Rs 235 cr debt with Edelweiss and Rs 600 cr with LIC

Reliance Infrastructure has brought down its external debt liability to Rs 475 crore. The company's net worth now stands at approximately Rs 9,041 crore

NCLT grants final approval for merger of TV18 and E18 into Network18

Once the merger with Network18 is fully approved by the Ministry of Information and Broadcasting (MIB), both E18 and TV18 will cease to exist as separate entities

Ola Electric forms new team to tackle 80,000 service complaints per month

The S1 series' manufacturer of electric scooters has intensified its focus on service operations by building a new team that includes employees from various departments such as product and operations

Sachin Bansal's Navi becomes sixth largest UPI player, overtakes Amazon Pay

Bengaluru-based fintech started cash-backs and rewards for customers in April

Bharti Airtel to invest $1 billion in 4G gear from Ericsson, Nokia, Samsung

The contracts will address 300,000 new 4G base stations, with Ericsson, Nokia, and Samsung supplying about 50 per cent, 45 per cent, and 5 per cent of the equipment, respectively, over three years

Reliance expands trading area by 50% for non-food & general merchandise

The extended retail space would not only allow Reliance Retail to offer a complete range of products for a segment but also fill in the gaps in its offerings, the source said

Tata Motors taps used car market to boost electric vehicle resale, exchange

The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, the company has already started work with used online car marketplace Spinny

Hindalco plans to start solar module manufacturing in Gujarat: Report

The solar module manufacturing will be a good fit given Hindalco's dominance in aluminium manufacturing, one of the sources said