Page 659 - Company News

Reliance to commission first solar giga-factory this year: Mukesh Ambani

The solar giga factory will include the manufacturing of PV modules, cells, wafers and ingots, polysilicon, and glass at a single location

SBI's mega tier II debt issue may boost fundraising via such notes: Bankers

On Wednesday, India's largest lender SBI raised Rs 7,500 crore ($894.1 million) through 15-year tier II bonds, with a 10-year call option at 7.42 per cent coupon

Cybersecurity issues biggest concern for MFs: Zerodha CEO Nithin Kamath

Nilesh Shah, MD of Kotak Mahindra Asset Management Company, said the industry should leverage technology so that those not so digitally savvy are not excluded and digital frauds are minimised

Google Cloud, Wipro partner to use Gemini Code Assist to boost productivity

Gemini Code Assist is an AI-powered collaborator that helps developers write, review, and debug code more efficiently

Adani Enterprises to launch maiden public NCD issue worth Rs 800 crore

Adani Enterprises' first public issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs) will be available for subscription from September 4-17

Reliance announces green energy-powered data centres for AI in Jamnagar

During the Reliance AGM, Mukesh Ambani said that under Reliance Jio's 'AI everywhere for everyone' vision is aimed offering AI and related services to Indians at affordable rates

Adani Enterprises to raise up to Rs 800 cr as non-convertible debentures

The majority of the proceeds from the issue will be utilised to prepay or repay, in full or in part, the existing debt, and up to 25 per cent for general corporate purposes

India sees nearly 2x surge in fintech IPO filings over the past five years

IPO filings have surged, nearly doubling from an average of 75 per year in 2018-2019 to 120-140 annually between 2021 and 2023, according to a new report

TCS expands partnership to transform Primark's tech operations over 5 years

TCS will help Primark adopt a more agile and product-based operating model by enabling automation through intelligent automation and DevOps technologies

DGCA slaps Rs 10 lakh fine on Air India Express for not paying compensation

The Directorate General of Civil Aviation (DGCA) carried out an inspection as per Annual Surveillance Programme (ASP) 2024 of scheduled domestic operators in June

Zomato gets GST tax demand notices over Rs 4.59 cr from TN, WB authorities

The company said it plans to appeal against the demand orders passed by the Assistant Commissioner of GST and Central Excise, Nungambakkam Division, Tamil Nadu

Macrotech acquires Opexefi Services, One Box Warehouse for nearly Rs 100 cr

Macrotech Developers Ltd, which sells properties under the Lodha brand, has executed Share Purchase Agreements (SPAs) for the acquisition of a 100 per cent stake in Opexefi Services Pvt Ltd

Tech Mahindra, Marshall partner to drive advancement in aerospace, defence

Tech Mahindra in a statement said it will assist Marshall's engineering programmes in aircraft design and manufacture, special mission platforms, and the development of digital maintenance

'Not in the business of hoarding wealth': Mukesh Ambani addresses 47th AGM

Reliance Industries Chairman Mukesh Ambani addressed the 47th Annual General Meeting, in which he reiterated the company's commitment to the nation's growth

CK Birla group firm Birla Fertility & IVF to invest Rs 500 cr in 2-3 yrs

Birla Fertility & IVF, which is the third largest fertility chain, plans to extend its presence in the southern region by establishing 10-12 new centres across Karnataka, Tamil Nadu, Kerala

Swiggy ropes in former Flipkart executive Amitesh Jha as Instamart CEO

Reshuffle of the top deck comes ahead of food delivery major's IPO

Suraksha Group earmarks 2,552 acre of land for Jaypee Infratech lenders

In its resolution plan, which was approved by the National Company Law Tribunal (NCLT) in March last year, Suraksha Group has offered bankers more than 2,500 acre of land

Edtech firm ODA Class raises $500K from Singapore, China-based investors

With this fresh funding round, the edtech firm has raised $12.75 million (about Rs 106 crore) from investors

JSW Neo Energy bags additional 400 MW wind-solar hybrid project from MSEDCL

Subsequent to this, the cumulative capacity allotted to JSW Neo under Phase- III (of MSEDCL) stood at 600 MW, a company statement said

Godfrey Phillips faces crisis over leadership dispute and board changes

Samir Modi says he would be willing to sell Godfrey Phillips if it could end the family feud arisen since the death of KK Modi in 2019