Page 638 - Company News

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

Blackstone prepares to take two firms public amid buoyant markets

PE/VC majors have raised Rs 8,059 cr this year by offloading stakes in IPOs

Shriram Group to list general insurance arm first, both IPOs in two years

Shriram Group and South African financial services giant Sanlam jointly own Shriram Life Insurance and Shriram General Insurance

Will Maruti put India's EV mission on fast lane? MSIL MD & CEO believes so

Japanese carmaker to address all three pain points - range anxiety, charging infra, and resale value

IndiGo pays reduced Rs 70 lakh fine to BCAS over Mumbai airport incident

The Bureau of Civil Aviation Security (BCAS) had imposed a fine of Rs 1.2 crore on the airline on January 18 for the incident that happened on January 14

Workers' strike hit production at Samsung's Chennai unit, output disrupted

The unit manufactures televisions, colour monitors, refrigerators, and washing machines