Page 641 - Company News

Expect India to be among our top 3 global markets in 5 yrs: Amway India MD

Amway has globally started looking at overall landscape and lens of business in a very different way. Instead of setting financial goals only, it is moving to transformation of lives, Chopra said

Ingka Centres to invest Rs 5,500 cr on Ikea-anchored meeting place

The holistic project is expected to generate employment for over 9,000 youths, and boost the state's economic growth

Ikea looking for next phase of investments in India, plans smaller stores

Ikea will open small-format stores with a retail area of 30,000 to 70,000 square feet, in the adjacent markets of its existing and coming large-format stores besides growing its online presence

Daewoo forays into home appliances segment to expand share in Indian market

Building on its initial success with handpicked products, brand is now venturing into smart kitchen and home appliances segment, aiming to capture a larger share of the growing Indian market, it said

Byju's may not have to pay Glas Trust; verified claim is only Rs 20 cr: CEO

Glas Trust has filed an appeal against Byju's claiming dues of $ 1.35 billion, or Rs 11,432.98 crore, arising out of the raising of $ 1.2 billion by the edtech firm as Term Loan B

JSW Infra okays Rs 2,359 cr capex for expansion at Jaigarh, Dharamtar ports

The expansion is part of the company's growth strategy to enhance its overall cargo-handling capacity to 400 million tonnes per annum (MTPA) by 2030 or earlier

ADNOC agrees to supply Indian Oil with 1 MMT LNG per year for 15 years

ADNOC has big ambitions in gas and LNG, which along with renewable energy and petrochemicals it sees as pillars for its future growth, putting it in competition with regional rivals Qatar

UP CM Adityanath virtually lays foundation stone for Ikea store in Noida

Adityanath said that UP has now become the preferred investment destination in India, it has embarked on a new era of growth

JSW Infrastructure approves Rs 2,359 cr capex for capacity expansion

According to the statement, the expansion will increase the overall capacity of Jaigarh Port to 70 MTPA from the current 55 MTPA and Dharamtar Port to 55 MTPA from 34 MTPA at present

Honda Power Pack Energy, Bhago Mobility partner for green fleet services

Bhago Mobility's electric cargo vehicles powered by Honda e:Swap's technology offer quick battery swaps resulting in higher levels of reliability and lower downtime for EV fleets, the company said

Azure Power to prepay green bonds worth $310 mn maturing in December

Sustainable energy solutions provider Azure Power on Monday said it has issued a notice to prepay green bonds worth USD 310 million maturing in December 2024.

Made-in-India iPhone 16 series to hit global markets within days of launch

Apple is set to unveil its highly anticipated iPhone 16 series, which boasts new AI features, on Monday, with global sales expected to begin 10 to 12 days later

Defence ministry, HAL sign Rs 26,000 cr pact for Su-30MKI jets' engines

For Aatmanirbhar Bharat, Defence Ministry signed a contract with HAL for 240 AL-31FP aero engines for Su-30MKI aircraft at a cost of over Rs 26,000 crore, an official readout said

Mahindra & Mahindra unveils commercial electric four-wheeler 'e-ZEO'

Mahindra & Mahindra announced that it would invest Rs 12,000 crore over the next three years, into its EV unit Mahindra Electric Automobile

DHFL loan case: Delhi HC grants bail to Dheeraj Wadhawan on medical grounds

On June 5, the Delhi High Court sought a status report on the bail plea, which he sought on medical grounds. His bail plea was dismissed by the trial court

IndiGo eyes global expansion with new routes, cargo growth by 2030

The budget-carrier is planning to double the airline's international destinations to 40 by March 2025, with a focus on untapped markets for Indian travellers

Ingka Centres to invest Rs 5,500 cr in India on 2nd meeting place at Noida

It is betting big on the Indian market and is looking at expanding where IKEA plans to open its outlets in the country, although the opening of its first meeting place in Gurugram

Suzlon secures India's largest wind energy order from NTPC Green

The 1,166 MW energy project will serve three million households upon completion

Pritika Group eyes Rs 950 cr sales in 3 years with order book of Rs 650 cr

To cater to the growing demand, PECL is planning to expand its existing capacity and diversify its business

Tata's financial services, insurance biz saw hefty profits in FY24

Realty, airline, and new-age businesses still struggling to make money