Page 930 - Company News
Debtors resolving cases before admission under insolvency law: IBBI
The Insolvency and Bankruptcy Code (IBC), introduced in December 2016, provides for a time-bound and market-linked resolution of stressed assets
 "Debtors resolving cases before admission under insolvency law: IBBI")
Paytm Payments Bank, RBI controversy: How will it impact the customers
The company, part of One97 Communications, is a leader in Indian fintech and faces challenges of regulatory scrutiny and customer uncertainity
 "Paytm Payments Bank, RBI controversy: How will it impact the customers")
Byju's controversies: The troubles hurting India's biggest edtech company
How did Edtech firm fall from the grace that it once enjoyed with the valuation peaking at $22 billion. Explained
 "Byju's controversies: The troubles hurting India's biggest edtech company")
NBCC bags Rs 560 cr contract to construct permanent campus of NIT, Sikkim
In a regulatory filing, NBCC informed that it has bagged a contract for the construction of the permanent campus of NIT Sikkim at Dung dung Khamdong, Gangtok, Sikkim
 "NBCC bags Rs 560 cr contract to construct permanent campus of NIT, Sikkim")
Tarun Chhabra to replace Sanjay Malik as Nokia India country manager
Finnish IT and tech firm Nokia on Tuesday announced the appointment of Tarun Chhabra as its country manager in India with effect from April 1, 2024.
 "Tarun Chhabra to replace Sanjay Malik as Nokia India country manager")
TVS Supply Chain Solutions extends contract with Rolls-Royce for 5 years
The partnership extension is for the state-of-the-art Parts Distribution Centre (PDC) in Singapore serving the Asia Pacific markets for Rolls-Royce's Power Systems business unit
 "TVS Supply Chain Solutions extends contract with Rolls-Royce for 5 years")
Radisson to open second hotel in Ayodhya with EaseMyTrip, Jeewani Group
This comes just weeks after Radisson announced that it will make its debut in Ayodhya with Park Inn
 "Radisson to open second hotel in Ayodhya with EaseMyTrip, Jeewani Group")
Paytm fiasco: FM Sitharaman to meet heads of fintech firms next week
According to sources, Sitharaman will be meeting CEOs of fintech companies next week to hear their concerns and problems
 "Paytm fiasco: FM Sitharaman to meet heads of fintech firms next week")
Pocket FM to invest $40 million to bolster its online reading platform
Pocket Novel aims to play a pivotal role in unlocking opportunities and connecting writers with millions of readers, understanding immense potential within the underpenetrated novel market in India
 "Pocket FM to invest $40 million to bolster its online reading platform")
Sun Pharma to acquire 16.33% stake in US-based Surgimatix for $3 million
The transaction is expected to be completed by the end of February 2024, pending fulfilment of certain conditions
Samsung's campus programme at VTU to train 1,100 youths in AI, IoT domains
Under the programme, Samsung Semiconductor India Research (SSIR) will train 1,100 undergraduate engineering students across Karnataka
 "Samsung's campus programme at VTU to train 1,100 youths in AI, IoT domains")
JSW Steel in talks with Australia's Whitehaven for coal mine stake
The miner acquired the Blackwater and Daunia mines from BHP Group in a $4.1 billion deal last October, and expects the acquisition to complete in early April
 "JSW Steel in talks with Australia's Whitehaven for coal mine stake")
Ashok Leyland lays foundation stone for electric bus plant in Uttar Pradesh
The primary focus will be on the production of electric buses while also having the capability to produce other vehicles powered by existing and other emerging alternative fuel
 "Ashok Leyland lays foundation stone for electric bus plant in Uttar Pradesh")
Zoomcar, SPARKCARS to develop EV self-drive, aim to add 1,000 cars in 2 yrs
Zoomcar CEO and Co-Founder Greg Moran said the partnership follows the direction of the government's growing focus on boosting the EV ecosystem
 "Zoomcar, SPARKCARS to develop EV self-drive, aim to add 1,000 cars in 2 yrs")
JSW Group, Volkswagen in talks for electric vehicle joint venture in India
This proposed project with Volkswagen would be distinct from the joint venture already underway with SAIC Motor Corp, wherein JSW Group holds a 35% stake
 "JSW Group, Volkswagen in talks for electric vehicle joint venture in India")
Renault India partners BLS E-Services for enhancing sales in rural market
Automaker Renault India on Tuesday said it has partnered with technology-enabled digital service provider BLS E-Services to enhance availability and accessibility of its vehicles in rural India.
 "Renault India partners BLS E-Services for enhancing sales in rural market")
Tesla Power India planning to hire over 2,000 people across verticals
The planned recruitment drive will encompass positions across engineering, operations, sales, marketing, and support functions, providing ample job opportunities for the youth, it said in a statement
 "Tesla Power India planning to hire over 2,000 people across verticals")
InsuranceDekho records 9-fold rise in policies, targets Rs 200 cr premium
InsuranceDekho wants to be part of the growth wave with the rise of SMEs and MSMEs in the manufacturing sector
 "InsuranceDekho records 9-fold rise in policies, targets Rs 200 cr premium")
Juniper Green Energy, Envision tie up to develop 300-MW wind project in Guj
Juniper Green Energy and Envision Energy have collaborated for the development of a 300-MW wind energy project in Gujarat.
 "Juniper Green Energy, Envision tie up to develop 300-MW wind project in Guj")
Tata Group in talks with two Taiwanese companies for chip plant in Dholera
Tata Group has also reportedly finalised the details of the land and will break ground soon
 "Tata Group in talks with two Taiwanese companies for chip plant in Dholera")