Page 684 - Company News

YEIDA offers 200 acres to Ducati for India's first motorcycle race track

Italian motorcycle manufacturer Ducati is considering building a dedicated motorcycle racing facility in the state, with the potential to attract international motorsport events

Keystone Realtors to invest Rs 900 cr on housing project in FY25: CMD Irani

Total income increased to Rs 437.20 crore during the April-June period of this fiscal from Rs 282.82 crore in the corresponding period of the previous year

Foxconn begins iPhone 16 Pro, Pro Max production in India; Costs fall 10%

iPhone 16 Pro and Pro Max trial assembly begins in India by Foxconn with production costs expected to decrease by 10%. But retail prices in India may remain the same due to tax and component costs

Ola Electric's S1 X model gets PLI certification, joining S1 Air, Pro

Apart from Ola, applicants including Mahindra & Mahindra (M&M), Tata Motors, Ashok Leyland, and Toyota Kirloskar, among others, have received PLI certificates

BharatPe launches secured loans for merchants, expands credit offerings

Merchants on the fintech platform can avail of two-wheeler loans up to Rs 2.5 lakh from OTO Capital, with a repayment period ranging between 12 and 48 months

CCI warns Disney, Reliance media merger could harm competition: Report

Antitrust experts had warned the merger, announced in February, could face intense scrutiny, especially on the sporting rights issue

Chevron to set up engineering & innovation center with $1bn investment

The centre will focus on improving operational reliability, low-carbon energy solutions, and subsurface geology for carbon storage

Antfin Singapore Holding divests 2.1% stake in Zomato for Rs 4,771 cr

According to the bulk deal data available on the BSE, Antfin Singapore Holding sold 18,54,40,550 shares in two tranches, amounting to a 2.1 per cent stake in Gurugram-based Zomato

July's salary not paid as firm yet to get control of accounts: Byju's CEO

On August 2, the National Company Law Appellate Tribunal (NCLAT) approved the Rs 158.9 crore dues settlement with BCCI and set aside insolvency proceedings against Byju's

Maruti adjusts production to reduce dealer stock amid slower sales: Suzuki

As car demand slows in India, dealer stock levels across the entire industry have surged to alarming heights

IndusInd Holdings gets nod to acquire majority stake in 2 Invesco entities

IIHL will be holding the investment through its wholly-owned and controlled subsidiary, IIHL AMC Holdings Ltd (IIHL AMC)

Building materials business expected to log significant growth: Birla

The government's continued thrust on capex while pursuing fiscal consolidation, and consumer and business optimism augur well for investment and consumption demand, he said

SKS Power insolvency: CoC receive 1,950 cr from Sarda Energy and Mining

A proper evaluation was made based on earlier direction given by NCLAT in this matter and "clear decision was made" by CoC of SKS Power Generation

British govt allocates funds to support Tata Steel's decarbonisation

At a meeting last week, the board discussed how the funding will be allocated, monitored and evaluated to ensure value for the taxpayer.

JSW Cement plans to double capacity, acquire assets through IBC route

Most of the JSW group businesses are closely linked to each other, particularly to steel business. Among its risk factors, JSW Cement's documents noted its dependence on JSW Steel and its subsidiary

IDBI Bank hikes FD rate to 7.85% for 444-day tenure to garner more deposits

The bank now offers a peak rate of 7.85 per cent and 7.75 per cent per annum on tenures of 444 days and 375 days, respectively

Reliance Jio introduces JioTV+ app with access to 800 Digital TV channels

Interestingly, users can choose to watch content from over 13 popular OTT apps with a single login, according to a release

Can Ola's e-bike break ICE's dominance over India's motorcycle market?

Ola is offering its mobikes at a price more attractive than its scooters by taking advantage of the lower bill of materials cost for mobikes, which have fewer panels than scooters

NITES files complaint against Infosys over delayed joining of 2k freshers

NITES alleged that despite fulfilling all requirements on their part, these professionals have been kept in limbo for more than two years, causing immense frustration, anxiety, and uncertainty

I believe in creative destruction: Ola founder on new motorbike prices

Aggarwal said that people should already know how he is going to price the products and expressed confusion over why people are surprised