Page 726 - Company News

Assam govt, Tata Group ink land deal for Rs 27,000 cr semiconductor plant

District Commissioner (DC) Devasish Sharma, along with Tata Group officials, including Kaninika Thakur, Ashish Mishra, and Avinash Dhabade, were present on the occasion

UK starts probe into Microsoft's hiring of former Inflection AI staff

In March, Microsoft hired Mustafa Suleyman, co-founder of Google DeepMind, as head of its newly-created AI unit, followed by a number of employees from Inflection, which he set up in 2022

Cipla receives additional Rs 773.44 crore tax demand from income tax office

Cipla's share price declined by 0.56 per cent, ending the day's trade at Rs 1,507.50 apiece on the BSE

Ola Electric likely to set valuation at around $4.5 billion for IPO

Indian markets regulator in June approved Ola's $660 million stock market listing, the first IPO by an EV-maker in India and which is set to be one of country's largest share sales this year

Tesla veteran Jay Vijayan's startup Tekion secures $200 million funding

Automotive software platform gets backing of Dragoneer Investment Group at a valuation of $4 billion

Google deal for cyber firm Wiz would bolster cloud security offerings

Alphabet is in advanced talks to acquire Wiz, a person familiar with the matter said on Sunday, in an up to $23 bn deal that would be Google's most expensive acquisition

Telecom ministry to work on actionable plan on identified issues: Scindia

The minister also met representatives of internet service providers and infrastructure committee as well as those of academia and R&D committee

PwC considers halving China financial services audit staff: Report

The move follows Chinese regulators' scrutiny of PwC this year for its role as the auditor of troubled property giant China Evergrande Group, which, in turn, triggered the exit of some clients

Cummins India inaugurates its first IT global competency centre in Pune

The facility aims to harness emerging digital technologies like artificial intelligence, machine learning and Robotic Process Automation (RPA), the company said

Bharat Agri Fert & Realty eyes Rs 800 cr revenue from MMR housing project

On the launch day, the company witnessed an overwhelming response with pre-sales of around 150 units

BCCI initiates insolvency proceedings against online tutor Byju's

Byju's, founded by teacher Byju Raveendran, was valued at $22 billion at its peak but ran into financial and legal problems after its business dried up

Samsung in talks with component partners to boost operations in India

On the monetisation of AI services, Roh said mobile AI technologies and their usage patterns are progressing at such a speed that it would be too premature to comment on how it could be monetised

NCLT admits Byju's parent Think & Learn into insolvency over BCCI dues

Byju's insolvency proceedings were triggered by BCCI's claim of unpaid dues amounting to Rs 158 crore

Amazon Web Services, Tamil Nadu hub join hands for AI startup programme

Programme will enable startups to collaborate with the industry to build public sector-focused solutions using generative AI

Adani Group eyes Jaypee Group's cement assets amid insolvency proceedings

Adani Group's cement arm, which includes ACC and Ambuja Cement holding, is India's second-largest cement producer

Namma Yatri parent raises $11 mn in funding from Blume Ventures, Antler

Company that runs community-led mobility apps will use the money for improving technology, research

Paytm gets warning from Sebi for old transactions with banking unit

Paytm, in its response, said it believes it has consistently acted in compliance with regulation, and added that there is no impact on financials and operations of the company due to the warning

Amazon Prime Day a big event for scammers, experts warn customers

Consumers might need to be more vigilant this year than ever before

ZEE Entertainment shareholders approve plan to raise Rs 2,000 crore

The remote e-voting period for this special resolution commenced on Sunday and ended on Monday, July 15, 2024, at 5 pm

Zomato mcap reaches Rs 2 trn, delivers Deepinder Goyal billionaire tag

The food aggregator's share price touched a 52-week high of Rs 232 per share during intra-day trading, surging almost 200 per cent from the low of Rs 76.50 per share in July last year