Page 649 - Company News

Centre awards RIL full quota of Advanced Chemistry Cell under PLI-II

RIL is currently constructing an advanced chemistry-based battery manufacturing facility with a 30 GWh annual capacity in Jamnagar

Hybrid cars, Suzuki tie-up drive up Toyota Kirloskar profit 3x in FY24

Toyota owns 89 per cent in TKM, while the remaining 11 per cent is owned by Kirloskar Systems Private Limited

Apple's key manpower supplier Layam Group plans IPO next fiscal year

The Chennai-based company is targeting over a 40 percent rise in its revenue in the next two years

NCLT extends Go First's resolution deadline, asks to file reply in 3 weeks

Resolution professional of Go First had moved the application under section 33 (1) of the Insolvency & Bankruptcy Code for the liquidation of Go First after lenders failed to find a reasonable buyer

Display glass biz likely to grow 10 times with AvanStrate Inc, says Vedanta

Vedanta Ltd, in May this year, announced the acquisition of an additional 46.57 per cent stake in AvanStrate Inc, taking its total holding in the Japanese display glass manufacturer to about 98%

CapitaLand Investment to double funds under management in India by 2028

Eyes private credit for real estate, renewable energy

ICRA upgrades Vedanta's long-term rating to AA on strong credit profile

Credit rating agency ICRA on Wednesday said that it has upgraded Vedanta Ltd's long-term credit rating, reflecting the company's strengthened credit profile.

Star Health to collaborate with foreign insurers for inward reinsurance

The agency force accounts for nearly 80 per cent of the health insurer's overall business

India should aim at developing 10 fabs in 10 years: Semi's Manocha

According to industry estimates, the Indian semiconductor market is projected to exceed $100 billion and generate over 6 lakh jobs by 2030

NCLT asks US lenders of edtech company Byju's to file fresh appeal

This means that the US term loan lenders will not be party to the discussion of the CoC

Adani Enterprises sets up subsidiary to develop airport in Kenya's Nairobi

AIP is incorporated to take over, operate, maintain, develop, design, construct, upgrade, modernise and manage airports, the statement said

Centre for sight expands in Maharashtra, partners with Laxmi Eye Hospital

With its ongoing investments and strategic partnerships, Centre For Sight is set to enhance its service offerings and reach more patients across India

Dr Reddy's, Lupin recall products in US due to manufacturing issues: USFDA

Results for unknown impurity were 0.13 per cent and 0.11 per cent, respectively, exceeding the 0.10 per cent specification limit, USFDA noted

EV maker Kinetic Green to launch family e-scooter in about 18 months

CEO Sulajja Firodia Motwani also said that the company is targeting a topline of Rs 10,000 crore by 2030 and 60 per cent of this revenue will come from the two-wheeler business

Suzlon Energy sells corporate HQ in Rs 440 crore sale-leaseback deal

Company says move to help focus on core operations

India will need 10-20 chip manufacturing plants in next 10 yrs: Semi CEO

He said that the current investment made in India for setting up wafer fabrication plants and chip packaging plants should be made very successful to attract global investors to India

Adani Enterprises' first Indian retail bond fully subscribed at launch

Such retail bond sales are rare and Adani is the first non-financial company to issue them since 2016.

Over 1,000 new jobs for skilled aviation engineers in India: Air India CEO

Earlier this year, Air India signed a Memorandum of Understanding with the Karnataka government to establish the MRO facility in Bengaluru

Reliance Industries wins bid for govt incentives to make EV batteries

The oil-to-telecom conglomerate beat six other competitors, which included units of battery maker Amara Raja Energy and Mobility and power producer JSW Energy

Landmark Group to invest Rs 4,200 cr in 2 yrs for projects in Delhi-NCR

Landmark Group said its upcoming projects are located in micro-markets of Gurugram like Dwarka Expressway and New Gurugram