Page 846 - Company News

Adani infuses Rs 8,339 crore in Ambuja Cements, raises stake to 70.3%

The fund infusion will help Ambuja accelerate its growth ambitions to almost double its existing capacity to 140 million tonnes per annum by 2028 from 76.1 million tonnes as of December 31

JK Tyre bolsters retail network with it's new brand shop in Tamil Nadu

The new outlet is the 22nd brand shop in Tamil Nadu and it is located on the State Highway 142 on the Perambalur-Thuraiyur Road

IIFL Finance board approves rights issue to raise Rs 1,271.83 crore

The issue price for the rights offer is Rs 300 per share, which is at a 29% discount to closing price of Rs 421.7 per share on Tuesday

Power Grid Corp board approves plan to raise Rs 12,000 cr via bonds

Power Grid Corporation is the country's largest electric power transmission utility. It operates 86 per cent of Inter-Regional networks

New SDG guidelines likely to empower impact investors, says JPMorgan

The UN SDGs comprise 17 goals that span everything from the eradication of poverty to ensuring access to clean water. More than $4 trillion will be needed each year to meet the targets

Funskool seeks to transform India into global hub for toy manufacturing

The expansion work at its premises in Ranipet, would effectively double the manufacturing capacities

Mobileye set to ship at least 46 million new assisted driving chips

In an effort to differentiate themselves amid rising competition, automakers have been adding an array of more basic driver-assistance features

Govt notifies specifications of Iffco's 'Nano Urea Plus' fertiliser

Nano Urea Plus is a new version of nano urea meant for meeting crop nitrogen requirements at critical growth phases

Daimler India to enter battery electric segment with new gen eCanter

The all-new next-generation eCanter had its world premiere in Japan and Europe in the second half of 2022

MG Motor India looks to expand network in tier III, IV to boost growth

The company is targeting 520 sales and service touchpoints overall in 270 cities by the end of 2024-25

IIFL Finance to raise $152 million via share sale amid ban on gold loans

IIFL's gold loans under management stood at 24,692 crore rupees as of December 31

India 'considering deal' with Nvidia to get GPUs for national AI mission

Powerful chips will be provided to local startups, researchers, academic institutions other users at a subsidised rate: Report

Tata, Reliance, DMart in talks to acquire 24Seven from Godfrey Phillips

Godfrey Phillips India had on April 12 announced its plan to sell the loss-making 24Seven convenience store chain after a review of its retail business division

Bharti Airtel reaches 5.9 million 5G customers mark in Tamil Nadu

The telecommunication major on Tuesday said it celebrates 5.9 million customers currently enjoying its 5G service in the state

TCS has one of world largest AI-ready workforce: CEO Krithivasan

IT company has trained 300,000 employees in basic foundational AI skills

Tesla's $1 billion India connection that powers its auto ecosystem

Like several other big companies, Tesla too started to de-risk its supply chain after the pandemic shock and looked towards Indian component makers

Jio Financial shares rally after company announces JV with BlackRock

The incorporation of a brokerage firm by the joint venture will follow the launch of its wealth management company

Rajasthan enters fray to attract Tesla India plant ahead of Musk's visit

Preliminary talks on with automaker; proximity to NCR seen as an advantage

Birla targets top 3 spot in mutual fund, lending, and life insurance

Aims to add 30 mn users in 3 years on the back of new financial services platform

PC Jeweller gets board approval to raise Rs 2,000 cr fund via rights issue

PC Jeweller on Tuesday said its board has approved a proposal to raise Rs 2,000 crore through rights issues and preferential allotment of fully convertible warrants.