Page 709 - Company News

Tata Electronics Assam chip plant to be operational in 2025: Chandrasekaran

Union Minister for Electronics and IT Ashwini Vaishnaw, expressing optimism about the project, said that the construction of the Assam plant will boost the overall ecosystem in the region

DGGI gives partial relief to Infosys, closes Rs 3,898 cr FY18 GST tax case

Earlier this week, the IT services company received a Rs 32,403 crore GST notice from authorities

Adani to invest Rs 5,500 cr in cement unit, Bihar CM lays foundation stone

The project is considered the largest investment in the state by a cement industry player, the Bihar CMO said that it will add to the growing infrastructure needs of the sate

Tata's Assam plant to make 48.3 mn chips per day with native tech: Vaishnaw

The minister said that the chips manufactured at the Tata plant will be used in vehicles including electric vehicles, and practically every large company will be using their chips

Big Tech's AI promises become a 'show me' story for investors: Report

Results from Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Apple Inc. this week signaled that biggest companies in world are still heavily investing in artificial intelligence

Tata's Rs 27,000 cr chip plant in Assam operational by 2025: Chandrasekaran

At its capacity it will employ 27,000 people, 15,000 direct jobs and additional 12,000 indirect jobs, Tata Sons Chairman N Chandrasekaran said on Saturday

Coal India arm NCL contributed Rs 15,000 cr to govt exchequer in FY24: CMD

Northern Coalfields Ltd (NCL) CMD B Sairam also reaffirmed the company's commitment towards fulfilling the energy security of the nation

Assam CM lauds PM, Tata Sons for Rs 27,000 cr semiconductor plant

The chief minister assured the Chairman of Tata Sons Limited N Chandrasekaran that the company will face no difficulty in setting up this industry and the people of Assam will always be grateful

Adani's Ambuja Cement to invest Rs 1,600 cr to build grinding unit in Bihar

The Adani group firm said it will execute its cement grinding unit project in phases, with the first phase being commissioned by December next year

BSNL subscribers on rise, homegrown 4G network ready: Jyotiraditya Scindia

We will install 80,000 towers by the end of October and the remaining 21,000 by March next year, which means one lakh towers of 4G network will be installed by March 2025, he added

Adani Power emerges top bidder for stressed KSK Mahanadi proj at Rs 27K-cr

KSK Mahanadi is currently undergoing insolvency proceedings at the National Company Law Tribunal (NCLT). Coal India, NTPC, Vedanta, JSW Energy were among the other bidders

Ford may re-enter India after 2021 exit as western markets face speed bumps

Ford's re-entry strategy will involve new investments, a focus on electric vehicles and sustainability, among other objectives

Byju's US lenders seek to block payment to BCCI, want their money first

Earlier this week, a judge in Delaware, where the main legal action against Byju's is taking place, ordered Ravindran to pay $10,000 a day until he helps locate the $533 million

Resolutions under Insolvency and Bankruptcy Code highest in FY24: Crisil

Recovery for financial creditors, however, declined to 27% compared to 36% in FY23

Fintech Infibeam Avenues to acquire controlling stake in Rediff.com

Infibeam plans to combine its digital payment services, platform business offerings, and artificial intelligence solutions with Rediff.com's services

Funds not deposited by IIHL for bankrupt Reliance Capital buy: CoC

Entire funding plan submitted to NCLT, says Hinduja group

JLR unlikely to leverage EV policy for now: Tata Motors on new EV policy

Expects incentives for 4W fleet to continue in FAME III

Six firms including Citigroup Global buy stake in Netweb Tech for Rs 458 cr

After the share sale by these promoters, the combined shareholding of promoters and promoter group entities in Netweb Technologies India will decline to 71.4 per cent from 75.04 per cent

Brigade Enterprises likely to stand tall on robust launch pipeline

FY24 saw a strong show in all its key segments - residential real estate, rentals and hospitality

Apple achieves record revenue in India, Mac sales rise: CEO Tim Cook

Apple CFO Luca Maestri further highlighted the strong performance for Mac products in emerging markets, including India, during the call