Page 654 - Company News

Hyundai Motor adds two new variants under EXTER portfolio

In a company statement, Hyundai said the new EXTER variants come with six air bags, 3-point seatbelts for all seats, tyre-pressure monitoring system, Electronic Stability control among others

Malaysia Airlines plans to bring flights to more non-metro cities in India

The airline also plans to operate to more non-metro cities in India where there are no restrictions due to bilateral flying rights, he told on the sidelines of a briefing here

Max Financial Services promoter firm sells 3.19% stake to repay debt

"The promoters have cleared all its debt and the pledge of shares held by the promoter in the target company (Max Financial Services) will be Nil," Max Financial said in a BSE filing

Israel's Tower Semiconductor, Adani plan $10 bn chip project in India

Semiconductor manufacturing marks the latest foray for billionaire Gautam Adani, whose conglomerate has businesses across ports, power utilities, transmission and coal trading

Dr Reddy's gets USFDA's inspection report for Srikakulam-based API plant

On June 7 this year, Dr Reddy's had stated that the US health regulator has issued Form 483 with four observations after inspecting its Srikakulam-based facility

SC grants bail to ex-promoter of Bhushan Steel in money laundering case

A Bench of Justices Sanjiv Khanna and PV Sanjay Kumar granted bail to Singal observing that he was in jail for 16 months and the trial against him was not proceeding

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