Page 637 - Company News

BEL secures order for indigenous radar worth Rs 850 cr from Cochin Shipyard

The fully indigenous radar, designed by DRDO and manufactured by Bharat Electronics Limited (BEL), is capable of detecting, acquiring and tracking airborne targets to provide protection for naval ship

Ceat eyes global market with truck tyre production line in Chennai plant

This expansion positions them to meet the growing demand for high-performance vehicle tyres in both domestic and international markets, the company said

UK gets improved terms for 2,500 workers as it recommits to Tata Steel deal

Tata said in January that up to 2,800 jobs were at risk from closure of its two blast furnaces at Port Talbot, with about 2,500 job losses likely next year after 2023 govt-backed plan to shut them

Adani Group to develop multipurpose berth at Gujarat's Kandla Port

The development will add a capacity of 5.7 MMT to the port operator's existing capacity of 580 MMT

Microsoft acquires 16.4-acre land parcel for Rs 520 crore in Pune

The tech giant has bought land parcels worth Rs 848 crore in Pune since 2022

JSW MG to move away from conventional vehicles, focus on NEVs: MD Jindal

Company, which on Wednesday launched its electric crossover utility vehicle 'MG Windsor' -- the first launch after it invested in MG Motor India has set a target to introduce a new car every 4-6 month

Stashfin parent AKARA Capital lists first Rs 10,000 face value NCDs on BSE

This follows a July 2024 Sebi amendment lowering the minimum face value of debt securities from Rs 1,00,000 to Rs 10,000, expanding retail investment opportunities

Uber brings back upscale category 'Uber Black' starting with Mumbai

Uber Black allows for a personalised ride with customisable features like quiet mode, temperature control, and help with luggage

Microsoft acquires Rs 520 cr land in Pune for data centre expansion plans

Microsoft recently acquired a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore and 48 acres of land in Hyderabad for Rs 267 crore

Bharat Biotech partners with Alopexx to develop anti-microbial vaccine

As part of the collaboration, the companies will co-develop and commercialise the vaccine -- AV0328

Samsung India to lay off 200+ executives amid slowing growth, challenges

Samsung India currently employs around 2,000 executives, meaning the layoff will affect 9-10% of its managerial workforce

Samsung India workers ramp up wage protests as strike enters Day 3

Many workers wearing Samsung's blue-colour uniform shirt were seen sitting inside a makeshift tent outside the factory

InMobi raises $100 mn debt financing from MARS Growth Capital: CEO Tewari

InMobi has plans to list in India and has started the necessary process

SC to hear plea related to insolvency proceedings against Byju's on Sept 17

The plea was mentioned by senior advocate NK Kaul, appearing for the ed-tech major, that the case needed to be heard at the earliest

Delhi HC blocks Italian firm Amuleti's use of Amul trademark in key ruling

The Delhi High Court emphasised that Italian firm Terre Primitive had "blatantly" imitated the script, design, and overall presentation of Amul's logo, merely adding 'eti' to the mark

Burma Burma plans IPO by 2027, aims for Rs 300 crore revenue before listing

Burma Burma is also eyeing international markets for expansion, with a focus on the United Arab Emirates (UAE) and the United Kingdom (UK)

L&T joins semiconductor race, to create chip firm and invest over $300 mn

The tech-to-construction company will spend the money over three years to establish a fabless chipmaker, which designs and sells semiconductors but contracts out their production

FlexiLoans secures Rs 290 crore from global, domestic investors

The firm is targeting to disburse around Rs 5,000 crore in loans in FY25

Green investments set to add spark to Tata Power, but challenges remain

This underlines Tata Power's ambitions to lead India's renewable energy or RE transition

'False and misleading': M&M refutes Congress charges of favouring Buchs

Opposition party says Sebi chairperson's husband received money from M&M