Page 627 - Company News

Mercedes expands BEV range; rolls out 2nd locally produced model in India

EQS SUV 580 4MATIC is the second model, after the EQS sedan, to be locally produced at company's Pune-based manufacturing plant

Sri Lanka's JVP vows to cancel Adani wind energy project if elected

The Marxist Janatha Vimukthi Peramuna (JVP) on Monday vowed to cancel the Adani Group's wind power project in Sri Lanka if it gets elected in the presidential election scheduled for the weekend.

JSPL, JRPL sign pact to invest in green hydrogen production in Odisha

The steel producer said on Monday that this represents the largest investment in green hydrogen by any Indian steelmaker

Zomato bans AI-generated images from food menus to preserve authenticity

Effective from Monday (September 16), restaurants that fail to comply with the new rule against AI images will be removed from Zomato

Reliance Retail to transfer FMCG brands to RCPL, plans for major expansion

Reliance Retail will transfer its FMCG brands, including Campa and private labels, to its new arm RCPL to accelerate business expansion with a dedicated focus

JSW MG Motor to foray into accessible luxury segment, sets up new channel

The company plans to set up exclusive experience centres in 12 cities across India in the first year

Torrent Power commits Rs 64,000 crore investment for green projects

This investment is expected to generate direct and indirect employment for around 25,000 people

Kenya awards $1.3 bn transmission deal to Adani amid airport lease protests

Kenya has awarded a $1.3 billion public-private partnership contract to India's Adani Group and Africa50 for the construction of power transmission lines

New-look Chennai town to welcome Ford on its India comeback trail

The Chennai unit of Ford, spread across an area of 350 acres, had an annual production capacity of around 200,000 vehicles and 340,000 engines

Govt to pay MTNL's bond interest payment again, say DoT officials

But the government is unwilling to pay for loans taken by MTNL, say sources

IndiGo flight to Doha faces tech issue; long wait for passengers onboard

Some passengers took to social media to complain about the delay and their long wait

From filter coffee to viral blend: Annapoorna steams up headlines

Sreenivasan raised concerns about the different GST rates for sweets, savouries, and bakery products during an interaction of Sitharaman with MSMEs and Chamber of Commerce in Coimbatore

Adani firms to sign 6.6 Gw power supply pact with Maharashtra discom

Adani Green Energy and Adani Power won a bid to supply 6,600 MW of power to Maharashtra

SOM Distilleries debuts in Karnataka with Woodpecker premium beer

The listed alcobev company eyes Rs 1600 crore sales in FY25

Indian Overseas Bank bags Rajbhasha Kirti Puraskar for 2nd consecutive time

Indian Overseas Bank currently has 3,264 branches, 3,500 ATM network and 7,251 business correspondents. It also offers its service in Singapore, Hong Kong, Thailand and Sri Lanka

Temasek nears deal to acquire a significant minority stake in VFS Global

Blackstone will remain the majority shareholder in VFS after the transaction, the people said. Considerations are ongoing and no final decisions have been made, they added

India very important market, looking at more frequencies: Malaysia Airlines

The airline, which currently flies to nine Indian cities, is eyeing new destinations as well as looking to increase frequencies to Trivandrum and Ahmedabad

JSW Energy arm commissions 300 MW wind power plant at Tuticorin in TN

The newly commissioned wind power project will contribute significantly to the renewable energy portfolio, supporting the vision of a greener and sustainable future, the company said

Black Box expects rise in India biz share, hire 400 people in 2 yrs

Black Box has a network of 75 delivery centres of which 21 are located in the US and 14 in India. Globally, the company has a workforce of over 4,000 people spread across 35 countries

ICRA ESG Ratings gives its first rating to InCred Financial Services

ICRA ESG-assigned ratings help investors assess the non-financial risks and opportunities associated with entities and facilitate making better investment decisions