Page 759 - Company News

40% investment by TaMo CV arm in FY25 to be in advanced tech: Girish Wagh

"We will continue to invest in software," Wagh said, adding capex in the CV business would be around 2-4 per cent of revenues

Bombay HC directs Subhash Chandra to furnish documents sought by Sebi

Zee founder had filed writ petition against regulator's summons in fund diversion case

Negative one to zero: Can South Park Commons become India's Y-Combinator?

South Park Commons is a tech startup community and early stage venture fund

Aditya Birla Group to invest $50 mn in manufacturing, R&D centre in Texas

This will be the fourth expansion on behalf of the epoxy business into the USA

Megha Engineering bags nuclear power generation deal worth $1.53 bn

"This contract represents the most significant project for MEIL and our strategic entry into the nuclear energy sector," said MEIL Director Ch Subbaiah

Proceedings initiated against Byju's under companies law still ongoing: MCA

"The proceedings initiated by MCA under the Companies Act, 2013, are still on going and no final conclusion should be drawn in this matter at this stage," MCA said

Adani group to press the pedal on its retail play through super app

Group's B2C initiative aims to connect with 500 mn users by 2030

Indian firms fared better in USFDA inspections in recent years, says IPA

IPA bats for Revised Schedule M implementation as key to pharma manufacturing quality in India

Five entities sell 11% stake in FMCG firm Hindustan Foods for Rs 638 crore

The shares were disposed of at an average price of Rs 502 apiece, taking the combined deal size to Rs 638.40 crore

L&T group facing shortage of over 45K labourers and engineers: Chairman

This is not the first time that the company is going public with the challenges on manpower. Subrahmanyan had last year also said that it is facing challenges despite wanting to hire over 30K labour

Reliance Jio buys spectrum worth Rs 973.63 crore in Bihar, West Bengal

The company acquired 5 megahertz paired spectrum in 1,800 Mhz band in Bihar for Rs 420.25 crore and 9.4 Mhz in West Bengal for Rs 553.38 crore

Vi in talks with Samsung to get network equipment for 4G/5G rollout

Telco has already deployed Samsung's vRAN tech in 3 circles

CAFE III emission targets to disrupt PV market trends 2027 onwards: Chandra

Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said that CAFE III standards, which will hit the industry around 2027

NBFC Kogta Financial raises Rs 846 cr from Canadian Pension Board, others

The Non-Banking Finance Company's (NBFC) first investor IIFL Seed Venture Fund, which had invested in October 2016, has exited, according to a statement

Labour ministry seeks report from Tamil Nadu govt in Foxconn incident

The statement further adds that section 5 of the Equal Remuneration Act, 1976, clearly stipulates that no discrimination is to be made while recruiting men and women workers

AM Naik steps down from LTIMindtree & LTTS posts, rules out merger plans

L&T group says at any point it faces workforce gap of 40,000-45,000 labourers and engineers

Infosys is working on over 225 GenAI programs for its clients: Nilekani

Infosys has integrated GenAI components into all its service lines and developed 25 playbooks to create impact for its clients, Nilekani said

PayU's LazyPay partners with Blinkit to offer customers with credit line

The latest partnership will provide the Zomato-led quick commerce platform's customers with a credit line, at no additional cost to merchants

Shifting gears: Ather Energy plans new facility in Maharashtra's Bidkin

The company aims to diversify manufacturing base to enhance proximity to key markets across India and streamline operational costs

Flipkart group launches super.money to re-enter India's fintech space

Apart from payments on Unified Payments Interface (UPI), the platform will offer services such as credit, deposit, credit card, among others