Page 746 - Company News

Outside Europe, India most important market for Skoda: CEO Klaus Zellmer

Skoda Auto India sold around 49,000 units last year. India is the world's third-largest passenger vehicle market with annual dispatches surging to 42 lakh units in FY24

Rule changes can help with pan-India customer onboarding: Deutsche Bank

Changes in rules by the RBI mandating geographical location restrictions while onboarding customers will be of help, Kaushik Shaparia, chief executive of Deutsche Bank Group, India, told PTI

AI to be gamechanger for India in citizen services: Salesforce's Arundhati

The advent of this futuristic technology will benefit India in a big way, firing the engines of public service delivery, at scale and lower cost, she observed

Ginger Hotels looks to double footprint in East, Northeast in 3-5 years

In FY24 the brand posted total revenue of Rs 486 crore, up 34 per cent from the previous fiscal

Sattva Group targets 85% growth in housing sales this fiscal: MD Agarwal

In the 2023-24, Bengaluru-based Sattva Group achieved sales bookings of Rs 3,500 crore

Aviation market big enough for Akasa Air to succeed: CEO Vinay Dube

While emphasising that the focus is on service excellence and cost leadership, Dube said the airline is looking for network and international expansion

GAIL's Urja Ganga gas pipeline project completion delayed until March 2025

The bulk of the pipeline has already been constructed, and gas has started to flow in most cities along the route

Google adds Tulu to its translation services, community says 'great honour'

Tulu joins 110 new languages on Google Translate from June 27, marking a historic moment for the millions of people who speak this language

Ola Electric working on building solid-state batteries: Bhavish Aggarwal

Solid-state batteries are expected to offer improved safety, a longer lifespan and faster charging compared with conventional lithium-ion batteries that use flammable liquid electrolytes

Titan partners with Rhythm; launches jewellery brand Tanishq in Bangladesh

The joint venture will commence with the opening of the manufacturing facility in Narayanganj, in Bangladesh

Court approves billionaire Anil Agarwal's plan to reclaim Zambia mine

To get access to the mine again, Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers

Apple to establish major presence in Bengaluru with new office tower lease

The deal, part of Embassy's redevelopment of a prime 2.3-acre site slated to become Apple's second-largest Bengaluru facility by 2025, includes lease rates increasing by 15% every three years

ITC beats Britannia, becomes India's second-largest packaged foods company

ITC's latest annual report shows that its foods business clocked sales of Rs 17,194.5 crore in the fiscal year ending March 31, 2024

Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually

Reliance Jio and Bharti Airtel have taken decisive measures to effectively monetise 5G, significantly raising costs for consumers seeking premium next-generation mobile broadband

AI to usher in era of technological prowess: Tech Mahindra Chairman

IT firm to follow 'three-pronged' strategy for revenue and profitability predictability, says CEO Mohit Joshi

ITC adds 68 crorepati employees in FY24; 24.11% increase from last year

The addition in the eight-figure bracket reflects the scale of ITC's operations and spread in newer categories

Airtel, Vi follow Jio in raising tariffs; prices hiked by up to 21%

While Airtel and Jio's tariff hikes will be effective July 3, Vi will implement the higher tariffs from July 4

Tata Steel UK begins legal action against union, fears plant closure

The Mumbai-headquartered steel major had originally planned to shut down one of the blast furnaces by the end of June and the second one by September

Mumbai-based Wockhardt to launch its novel antibiotic Zaynich by FY25-end

Global launch in FY26 after multinational clinical trial ends

Fidelity Investments sells HCL Technologies shares for Rs 1,788 crore

As per the data available with the NSE, Fidelity Investment sold a total of 12,414,228 shares or 0.46 per cent stake in HCL Technologies