Page 650 - Company News

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

DeVANS forays into premium lager, expands six fields with Brute and Pilsner

Six Fields Brute is the first strong lager variant in the iconic range, embodying a robust, full-bodied beer that promises a rare experience for bold consumers

Nvidia suffers $279 billion loss in one day due to these factors: Explained

Nvidia lost $279 billion of its market cap on Tuesday, leading a broader market selloff. This followed a quarterly revenue forecast by the company that fell short of investors expectations

Airtel deploys more spectrum in Rajasthan to boost 5G, 4G network capacity

Subscribers across Jaipur, Udaipur, Jodhpur, Kota, Bikaner, Ajmer, Bhilwara, Alwar, Sikar and Pali and other locations will enjoy an elevated quality of service both on voice and data, company said

Alpex Solar announces plan to double PV module capacity to 2.4 GW by FY26

Once the new line is set up, the company expects a capacity of 2.4 GW by FY2026, enabling it to meet the growing demand in India and other key global markets

Ashiana Housing sells properties worth Rs 403.49 cr in Gurugram project

Ashiana Housing Ltd, established in 1979, has a presence across 9 cities in India

Pernod Ricard to sell Imperial Blue whisky, shift focus to premium labels

The world's second-largest spirits company has reportedly enlisted Goldman Sachs to facilitate the sale, which could fetch up to Rs 5,000 crore

Automaker Minda Corp inks licensing pact with China's Sanco to tap EV mkt

Sanco Connecting Technology is a leader in EV connection systems

CapitaLand to double India investments, targeting $14.8 billion by 2028

Singapore's CapitaLand is also exploring new opportunities in renewable energy and real estate private credit within the country

Ashok Leyland inaugurates advanced Uptime Solution Center at Ennore

The advanced Uptime Solution Centre brings together teams from aftermarket services, vehicle engineering, and field quality to proactively support Ashok Leyland customers nationwide

Jakson Engineers plans Rs 2,000 cr investment to expand solar mfg biz

This expansion marks a major milestone for Jakson Engineers, reinforcing its dedication to meeting the growing demand for solar energy solutions

Indian luxury homebuilder Rustomjee to expand into data centres on AI boom

India's data center capacity has nearly doubled since 2019, drawing interest from a wide range of investors, according to a report from Avendus Capital

Auto parts maker Motherson to launch $715 mn share sale to tap stock mkt

With a market capitalisation of about $15 billion, Motherson supplies parts to domestic and global automakers such as Maruti Suzuki and Mercedes-Benz

IPO market booms in August, Rs 17,047 cr raised across 10 major listings

In 2024 so far, 56 IPOs have raised Rs 65,000 crore, compared to just 20 IPOs raising slightly more than Rs 15,051 crore in the first eight months of 2023

Volkswagen goes head-to-head with workforce over proposed cuts by company

Cavallo warned emotions will run high and management will be "very uncomfortable" at the meeting, expected to last several hours