Page 639 - Company News

Tata Power to invest up to $9 bn to expand renewable energy capacity

Tata Power, which currently has 5 GW renewable energy capacity in large projects, will add another 5 GW capacity in the next one to two years and expand that to more than 20 GW by 2030

Air India to completely upgrade 27 old A320neo aeroplanes by mid-2025

"Legacy" planes have been part of Air India's fleet before the Tata Group, after privatisation, took control of the airline in January 2022

Torrent Power bags Maharashtra's 1,500 MW pumped hydro storage project

Detailed letter of award will be issued by MSEDCL upon obtaining necessary approval from Maharashtra Electricity Regulatory Commission (MERC) in terms of tender document on the quoted tariff, it said

IndiQube introduces 'IndiQube Canvas', office interiors experience centre

The centre is a state-of-the-art facility on Outer Ring Road (ORR) that is set to redefine how businesses envision and design their office spaces

IRB InVIT to raise Rs 2,667 crore via term loans to refinance existing debt

Post refinancing, roads SPVs to be free of external debt

Network18 Media & Investments gets 3 months extension for convening AGM

Reliance is in process of merging its media assets, including Network18 with global media giant The Walt Disney Co India business, which will create country's largest media empire worth Rs 70,000 cr

Boeing, union negotiators to resume talks as striking workers dig in

The top negotiators at Boeing and the International Association of Machinists and Aerospace Workers (IAM) will meet with federal mediators in Seattle on Tuesday for preliminary talks, as per reports

Meesho's annual festival sale from Sep 27, sees 42% rise in seller base

Meesho claimed to have 1.4 mn sellers onboard for Meesho Mega Blockbuster 2023

Lenovo begins AI server production in India, opens R&D lab in Bengaluru

The plant will manufacture five key offerings, including three rack-mounted enterprise AI servers and two flagship 8-way GPU servers

'Amazon Biz customer base up at annual 111% rate in 6 yrs, 65% via phones'

The customer base of the platform (Amazon Business) across India has increased at a CAGR of 111 per cent in the last six years, Director of Amazon Business Mitranjan Bhaduri said

Jupiter Wagons to invest Rs 2,500 crore for production capacity expansion

JWL also informed that it has changed the name of its unit Bonatrans India Private to Jupiter Tatravagonka Railwheel Factory

Tata Sons rules out IPO plans despite push from shareholder SP group

Holding co prepays Rs 21,813 crore debt in FY 2024 to declassify itself as NBFC upper layer

SpiceJet's Rs 3,000 cr issue commences, floor price set at Rs 64.79 a share

SpiceJet has set a floor price of Rs 64.79 per share for the sale of securities to qualified institutional buyers through which the budget carrier aims to raise up to Rs 3,000 crore.

Infosys enters collaboration with UK's Metro Bank to digitalise operations

At the end, we will be a very different business, but true essence of Metro Bank will remain same- a high-quality service organisation putting customers centre-stage, Metro Bank CEO Frumkin said

LIC pares its holding in DCM Shriram Industries by over 2% to 4.66%

DCM Shriram Industries is primarily engaged in production and sale of sugar, alcohol and industrial fibres

ArcelorMittal's India joint venture seeks duty-free LNG imports: Report

India, the world's second biggest crude steel producer, levies a 2.5 per cent basic customs duty and an additional 0.25 per cent social welfare tax on LNG

Air India launches $400 million upgrade to transform flying experience

Air India overhaul: The revamp comes as the airline ramps up its international operations amid stiff competition from global carriers

Fire at data centre likely cause of India-wide outage for Jio users: Report

The website also showed that more than half of the affected users were facing issues related to their mobile network, while others had mobile internet and broadband-related complaints

EaseMyTrip enters medical tourism; board approves Rs 90 crore acquisitions

EaseMyTrip has acquired a 30% stake in Rollins International for Rs 60 crore and a 49% stake in Pflege Home Healthcare for Rs 30 crore

Indian entrepreneur sells private arm of UK-based Tails Trading Group

We welcome this bid and are confident that the business and its social impact are safe, if not in better hands, with the new management, Siddharth Shankar, CEO of the company said