Page 931 - Company News

HAL, DRDO to begin Rs 60,000 crore Sukhoi fighter jet fleet upgrade

The project aims to enhance the aircraft's capabilities with new radars, mission control systems, electronic warfare capabilities, and integration of new weapon systems for the Indian Air Force

BSNL floats Rs 65,000 crore tender for phase-III BharatNet project

The last date for companies to seek clarifications is March 3. Companies will have till April 2 to submit their bids

Zee, Sony in discussions to save the called off $10 billion merger: Report

Sony-Zee merger: Punit Goenka, managing director and chief executive officer at ZEEL, has agreed to Sony's demand of him not becoming the CEO of the merged entity

Air India, Tata Advanced Systems set to invest Rs 2,300 crore in Karnataka

The strategic move is expected to enhance Karnataka's aerospace ecosystem and help create over 1,600 direct and 25,000 indirect jobs in the state

Whirlpool promoter likely to sell 24% equity stake through block deals

Total deal size may range between Rs 2,337 crore and Rs 3,739 crore

L&T ramps up green hydrogen play, plans launch of electrolysers in Sept

During the first phase, L&T looks to supply electrolysers to a mix of Indian procurers and foreign markets, with a 70:30 ratio, Shah said

A-I to upgrade Boeing 777, 787 fleet with Thales entertainment system

Thales is into developing advanced technologies within three domains -- defence & security, aeronautics & space, and digital identity & security

Edtech major Byju's rights issue gets $300 million commitment: Report

BYJU'S floated a rights issue in January to raise USD 200 million through equity rights issue at an enterprise valuation in the range of $220-250 million

You've money to buy Go First but not to pay Credit Suisse: SC to Ajay Singh

Credit Suisse and SpiceJet have been entangled in a legal conflict since 2015 over outstanding debts of approximately $24 million

BCML announces Rs 2,000 cr capex in India's 1st industrial bioplastic plant

The Kolkata-based company said this diversification with its upcoming polylactic acid manufacturing venture is well-aligned with the sustainability goals envisioned in India, to combat climate change

Power Grid approves investments of Rs 656 cr for transmission projects

The Committee of Directors on Investment on Projects approved augmentation of 765/400 kV, 1500 MVA transformer (4th) at Bhiwani

After a dry spell, SoftBank rides the AI wave to power India story

After a year of quiet, Japanese investor returns to investing with $75-125 million AI push

JSW Steel in talks to buy 20% in Australian coal mine for $1 billion

Whitehaven selling part of stake in Blackwater mine

Two entities divests 11.8% stake in Sula Vineyards for Rs 573 crore

The shares were sold in a price range of Rs 575.47-576.78 apiece, taking the combined transaction value to Rs 573.07 crore

Jefferies suspends Paytm coverage amid uncertainty; shares jump 5%

Shares of Paytm gain for the second straight session

We will add some Paytm's customers: PhonePe co-founder & CEO Sameer Nigam

Nigam was in conversation with Shradha Sharma, founder and CEO, YourStory at the Mumbai Tech Week 2024

Data breach: No impact on biz ops, says Motilal Oswal Financial Services

Cybercrime group LockBit had claimed the attack on MOSL on its dark web site, according to a report by news portal TechCrunch

Meta to introduce deepfake helpline on messaging platform WhatsApp

The helpline, expected to be available for public use next month, will allow users to flag deepfakes by alerting a dedicated WhatsApp chatbot

Bidding pipeline in West Asia remains very strong: Larsen & Toubro

Analysts tracking L&T noted the company was an L1 bidder for a $2.5 billion contract related to this expansion project

WBIDC moves HC challenging arbitration award to TaMo over Singur plant

The corporation said it was not given full opportunity to present its case before the three-member tribunal