Page 766 - Company News

Blue Dart begins drone deliveries for couriers in partnership with Skye Air

Drone delivery is a major step towards sustainable, swift, and eco-friendly solutions, Blue Dart said

ADB approves $170 million loan to strengthen health sector in India

The $170 million policy-based loan will help in the implementation of the government's National Health Policy 2017

Axis Bank buys additional stake in Max Life Insurance for Rs 336 crore

Shares of the bank, India's fifth largest by market capitalisation, jumped as much as 2.2% after the news. The stock was among the top gainers on the Nifty 50 index

Coal India awards 23 discontinued underground blocks to private miners

The cumulative peak rated capacity of these mines is 34.14 million tonnes per year while the total extractable reserves are estimated at 635 MT

Sri Lanka SC asks govt & Adani group to respond over wind power project

Sri Lanka's Adani Group renewable project entails two wind energy projects; a 250 MW in the northeastern district of Mannar and a 234 MW project at Pooneryn in the north

State Bank of India to raise up to Rs 20,000 cr via long-term bonds in FY25

During the last financial year, SBI raised a total of Rs 20,000 crore through the sale of 15-year infrastructure bonds

Salesforce starts public sector division; enters digital creditors' market

Salesforce also highlighted insights from an (International Data Corporation) IDC study, which indicated that the Salesforce economy is expanding

WeWork gets CCI nod to sell stake in local unit, exit Indian market

Deal value not revealed; regulator expected to release detailed order is likely later

Will invest $100 bn in energy transition over next decade: Gautam Adani

Besides building solar parks to produce electricity from sunlight and wind farms that do the same from wind, the Adani Group is building major facilities to manufacture electrolysers for making green

Tata Motors to increase price of commercial vehicle by up to 2% from July

This marks the third price hike this year, after the Indian automaker increased prices by up to 2% in March and 3% in January

Power Finance Corp approves Rs 15,000 cr loan to Shapoorji Pallonji group

The loan is intended to assist in settling promoter debts and fulfilling financial obligations owed by their operational firms to creditors.

Bengaluru couple orders Xbox from Amazon, find cobra in the package. WATCH

The snake, trapped in black duct tape marked with Amazon Prime, was seen wriggling and attempting to escape

Infosys launches Aster for AI-powered marketing for business growth

It drives AI-led transformation of marketing with integrated, real-time view across customers, brands and channels, enabling companies to increase ROI from marketing

Nachiket Pantvaidya appointed General Manager of Sony Pictures India

He will oversee local Indian production while working alongside Shony Panjikaran, General Manager and Head of Sony Pictures Releasing International, India

Zee Entertainment's CFO Rohit Gupta resigns due to 'personal reasons'

Mukund Galgali, the head of Zee's commercial and strategic initiatives, has been with the group for 17 years. He will assume responsibilities as acting CFO from Wednesday

More MNCs eye IPO route after passenger car major Hyundai Motor move

Investment bankers say early stage talks on with about half a dozen foreign firms

Amazon expands grocery service to over 130 cities as competition increases

Amazon Fresh delivers chilled, beauty, baby, personal care, pet products and groceries

Bidders of Haldiram Snacks Foods seek clarity on ownership of the brand

Bankers said prospective bidders of the company do not want any confusion over the brand in future and have sought clarity over the usage of the brand

Dhanlaxmi Bank appoints Ajith Kumar KK as MD & CEO for 3-year tenure

Ajith Kumar KK will take charge on June 20, Kerala-based Dhanlaxmi Bank said in a regulatory filing

HUDCO raises $200 mn from overseas lenders for its foray into loan market

The state-run body has raised the five-year money as part of its inaugural 'social loan', Japan's Sumitomo Mitsui Banking Corporation (SMBC) said