Page 645 - Company News

VA Tech WABAG bags Rs 2,700 cr Saudi's sea water desalination plant order

The project is expected to be completed in 30 months and the plant would operate Dual Media Filters followed by a two-pass Reverse Osmosis process and re-mineralisation to produce clean potable water

VIL's capital-raise unlikely to plug market share erosion: Goldman Sachs

It is pertinent to mention here that Vodafone Idea reported narrowing of losses for the just-ended June quarter to Rs 6,432.1 crore, mainly on the back of 4G subscriber additions

NLC India aims to start early mining of Odisha's Machhakata coal block

The mines for which agreements were executed are Machhakata (Revised) coal mine, Kudanali Lubri coal mine, and Sakhigopal-B Kakurhi coal mine, the coal ministry said in a statement

Black Box targets tripling sales over next 4 yrs on US networking demand

The company is seeking to capitalise on a global quest for artificial intelligence that's prompting customers to invest in computing and data storage capacity

Amazon says exports from India-based sellers to cross $5 bn in 2024

Such items are usually easy to post directly to customers abroad and less affected by import taxes than costlier products

Swiggy reports Rs 33 crore fraud by ex-employee, files legal complaint

The IPO-bound company engaged an external team to investigate the and filed a legal complaint against the former junior employee for embezzling money

SC agrees to list plea related to insolvency proceedings against Byju's

Senior advocate Kapil Sibal, appearing for the US-based creditor, said it also wanted an early hearing

Maharashtra approves $ 10 bn semiconductor fab unit by Adani, Israeli firm

The project will have capacity to produce 80,000 wafers monthly and it will create 5,000, says Devendra Fadnavis

Brigade Enterprises raises Rs 1,500 crore by selling shares via QIP

The company on September 2 launched its qualified institutional placement (QIP) issue to raise funds

Entod Pharma denies false claims in media regarding PresVu Eye Drops

The company further mentioned that the opinions and claims printed in news stories do not represent Entod Pharmaceuticals

Tower-Adani JV to set up $10 bn semiconductor unit in Maharashtra: Fadnavis

The proposed semiconductor manufacturing plant, located in the Navi Mumbai suburbs in Raigad district, will have an initial capacity of 40,000 WSPM in the first phase, with an ultimate capacity of 80,

Salesforce to buy data protection provider Own Company for $1.9 bn

Salesforce said it expects to achieve accretion on a free cash flow basis starting in the second year following the closing of the deal, which it anticipates to be in the fourth quarter of fiscal 2025

ED surveys Ramprastha Group premises in money laundering case in Gurugram

The projects include Ramprastha Rise, Ramprastha City and Ramprastha SKYZ located in Gurugram, Haryana

India to add trillion dollars to GDP every 18 months, says Gautam Adani

Addressing the students of Jai Hind College in Mumbai, Adani said post-independence, it took India 58 years to reach its first trillion dollars of GDP, 12 years for the next trillion, and just 5 years

Allied Blenders, Ranveer Singh to start new venture in premium segment

With Indians drinking better and trending to luxury products, this business is set to make a significant impact

Jio marks 8th anniversary celebration with offers on select recharge plans

According to information on Jio.com website, those recharging between September 5 and September 10 will get three benefits worth Rs 700 with quarterly plans of Rs 899 and Rs 999 and Rs 3599

Glenmark to pay $25 million as part of settlement with US authorities

The settlement amount and interest on the settlement amount constitute restitution

Finance platform Drip Capital raises $113 mn through debt, equity issue

Drip has raised about $ 640 million in a mix of equity and debt funding to date. The company's equity investors include Accel, Wing, Transpose Platform, Peak XV Partners

SC directs Sahara to deposit Rs 1,000 cr, allows JV to develop Mumbai land

Pointing out that Sahara Group is in "deep trouble" for not complying with the apex court's order since 2012, the bench said the joint venture or development agreements will be subject to approval

Appreciate Centre's 'clear stand and focus' towards electric cars: Mercedes

The German firm launched its top-end Maybach EQS 680 SUV, the first electric Maybach car to be launched in India