Page 925 - Company News

No ammonia emission in Ennore plant area in Dec: Coromandel International

An expert who conducted the audit stated that the chances of line pressurisation beyond the design condition are not a credible scenario

Wipro, Nokia partner to provide 5G private wireless corporate solutions

Wipro said the joint private wireless solution with Nokia will "help enterprises scale their digital transformation"

Allcargo Supply Chain to add 3 mn sq ft of warehousing space in 2-3 yrs

Currently operating with 6 million sq ft of space, the company said in the initial phase of expansion, it plans to begin from the north and south regions

Matter 'practically settled' with Celestial Aviation: SpiceJet to NCLT

Counsel for Celestial told the tribunal that while they have received payments, the airline missed certain agreed-on deadlines for payment

Govt may look at enhanced KYC requirements for certain class of corporates

The ministry is implementing the companies law and Limited Liability Partnership (LLP) Act, among other legislations

Ultra-supercritical tech to power NTPC Lara plant in Chhattisgarh

The unit will be powered with ultra-super critical technology, with an efficiency of 1 per cent more at 41.5 per cent than current supercritical technology of 40.5 per cent

TVS launches TVS HLX 150F to mark best-selling model's milestone sales

The company said it was expressing "its gratitude" to customers by launching the model with added safety features, better suspension and better styling, among other things

Cost concerns could delay AI ramp up among IT clients: Infosys exec

While some companies may not be ready for AI scale-up due to reasons such as not being data-ready, the technology is being adopted rapidly by others for the higher opportunity it provides, he said

Indus Appstore crosses 100,000 downloads in three days of its launch

The rapid adoption of the Indus Appstore, particularly as a side-loaded application, which requires users to download it directly from the Indus Appstore website

YES Bank to boost lending to mid-sized cos to improve return on assets: CEO

Yes Bank's return on assets - which is the ratio of how profitable a company is compared with its total assets - was at 0.2% for the October-December quarter

SBL Energy raises Rs 325 crore equity funding from Synergy Capital, others

Another investor is equity market player Mukul Agrawal, the statement said, without giving a break-up of how much each of these investors chipped in with

Ericsson deploys 100,000 Massive MIMO 5G radios for Bharti Airtel

In a regulatory filing, Airtel said that it has deployed energy-efficient Ericsson radio system products and solutions from Ericsson's 5G Radio Access Network

Volvo Car India restructures management team headed by Jyoti Malhotra

The exercise carried out over the past few months is aimed to secure long-term strategic transformation and direct-to-consumer online sales, Volva Car India said

M&A deal value in India declines 27% to $136 billion in 2023: Deloitte

M&A in the financial services sector is anticipated to be driven by large-scale consolidations and responses to regulatory shifts

Airtel to offer under-river 5G connectivity for Kolkata metro commuters

High-capacity nodes at each of these stations have been deployed for seamless connectivity allowing commuters to use high-speed internet, voice calls, and data transmission, it said

Adani Dharavi project's biz units to get SGST refund post redevelopment

SGST will be reimbursed by the state government's finance department and the business units will have to provide SGST payment details as proof while claiming the refund

Scindia to inaugurate Jindal Stainless' 1st green hydrogen plant on Feb 27

In August 2022, the country's largest stainless steel player had announced a partnership with Hygenco India Private Limited to set up a green hydrogen plant at Hisar, Haryana

MobiKwik's Pocket UPI to allow wallet payments without linking to bank

This latest feature is aimed at creating more security and flexibility during transactions by mitigating risks associated with direct bank transfers

Reached settlement with Celestial Aviation, formalities remain: SpiceJet

SpiceJet informs NCLT of near resolution in dispute with aircraft lessor Celestial Aviation requested an adjournment to finalise the settlement process

Yet to delve deep to identify issue with firm: Paytm's advisory panel chief

Paytm on February 9 announced setting up of a group advisory committee headed by Damodaran. The committee was set up to advise the company on strengthening compliance and on regulatory matters