Page 920 - Company News
Torrent Power gets new round-the clock RE project worth Rs 2,700 cr
The project shall be commissioned within 24 months from the signing of the Power Purchase Agreement (PPA), Torrent Power said in a statement
 "Torrent Power gets new round-the clock RE project worth Rs 2,700 cr")
Paytm discontinues inter-company ties with payments bank amid RBI scrutiny
Paytm founder Vijay Shekhar Sharma owns 51 per cent of Paytm Payments Bank, while the remaining 49 per cent is owned by One97 Communications Ltd (OCL)
 "Paytm discontinues inter-company ties with payments bank amid RBI scrutiny")
Vedanta Aluminum set to achieve 30% women employee ratio by FY25: CEO
The total headcount of Vedanta Aluminium is over 25,000 -- both direct and indirect employees -- of which 22 per cent are women (direct employees), according to the company's CEO John Slaven
 "Vedanta Aluminum set to achieve 30% women employee ratio by FY25: CEO")
RBI clears appointment of S Ravindran as part-time chairman of TMB
The approval is subject to Ravindran, stepping down from his directorships in Shriram Finance and Bandhan AMC, prior to assuming charge
 "RBI clears appointment of S Ravindran as part-time chairman of TMB")
Warner Music extends its partnership with Tips Industries for 4 more years
Warner Music will use its global network of experts to promote Tips Music's artists and songs around the world, opening them up to new fans and opportunities
 "Warner Music extends its partnership with Tips Industries for 4 more years")
IPO-bound Ola Electric clocks highest registration of 35,000 units in Feb
In December last year, the company became the first EV 2W manufacturer to record 30,000 registrations in a month
 "IPO-bound Ola Electric clocks highest registration of 35,000 units in Feb")
Viacom-Star merger will reduce bargaining power: Advertising industry
The joint venture, which is expected to receive approvals by the first quarter of 2025, will have over 70 channels from Star India and 38 TV channels from Viacom18 in eight languages
 "Viacom-Star merger will reduce bargaining power: Advertising industry")
TVS Motor Company sales increase by 33% to 368,424 units in February
Total two-wheeler sales registered a growth of 34 per cent to 3,57,810 units last month from 2,67,026 units in February last year, the company said in a statement
 "TVS Motor Company sales increase by 33% to 368,424 units in February")
Maruti Suzuki's total sales rise 15% to 197,471 units in February
The total domestic passenger vehicle sales grew 9 per cent at 1,60,271 units as against 147,467 units in the month a year ago, it added
 "Maruti Suzuki's total sales rise 15% to 197,471 units in February")
IAMAI advises Google not to delist any apps from its Play Store in India
Earlier today, Google began removing the apps of 10 companies in India over service fee payments, including some popular matrimony apps like Bharat Matrimony
 "IAMAI advises Google not to delist any apps from its Play Store in India")
Servotech Power gets Rs 111 cr EV charger supply order from Indian oil
The company will manufacture, supply and install 1,400 DC chargers in two variants of 60 kW and 120 kW, the company said in a statement
 "Servotech Power gets Rs 111 cr EV charger supply order from Indian oil")
CapitaLand India Trust acquires IT-SEZ project in Pune for Rs 773 crore
The acquisition is part of a forward purchase arrangement with Nalanda Shelter Private Limited that was announced on 14 June 2019
 "CapitaLand India Trust acquires IT-SEZ project in Pune for Rs 773 crore")
Tata Motors reports 8% wholesales increase in February at 86,406 units
The total domestic sales stood at 84,834 units last month against 78,006 units last month, a growth of 9 per cent, Tata Motors said in a regulatory filing
 "Tata Motors reports 8% wholesales increase in February at 86,406 units")
Google removes some India matrimony apps, execs calls move 'dark day'
The dispute centres on efforts by some Indian startups to stop Google from imposing a fee of 11% to 26% on in-app payments
 "Google removes some India matrimony apps, execs calls move 'dark day'")
Royal Enfield wholesales increase 6% in February, exports rise 13%
As we come to close of the financial year, we are confident of a strong & healthy overall performance, and believe that we can continue this momentum for the next year as well, Royal Enfield CEO said
 "Royal Enfield wholesales increase 6% in February, exports rise 13%")
Google to act against 10 Indian developers for not paying service fee
'10 companies, including many well-established ones, have chosen to not pay for the immense value they receive on Google Play,' Google said in a blog post
 "Google to act against 10 Indian developers for not paying service fee")
Future Generali India Life Insurance appoints Alok Rungta as MD & CEO
Industry veteran has 'deep understanding of diverse markets', says company
 "Future Generali India Life Insurance appoints Alok Rungta as MD & CEO")
Paytm discontinues inter-company agreements with its payments bank
Paytm, formally known as One 97 Communications, did not specify what agreements were being terminated
 "Paytm discontinues inter-company agreements with its payments bank")
CG Power JV to invest Rs 7600 cr in Gujarat semiconductor facility
Facility will be financed through a mix of subsidies, equity and potential bank borrowings
 "CG Power JV to invest Rs 7600 cr in Gujarat semiconductor facility")
Mahindra & Mahindra wholesales increase 24% to 72,923 units in February
The company's total dispatches to its dealers stood at 58,801 units in February 2023
 "Mahindra & Mahindra wholesales increase 24% to 72,923 units in February")