Page 959 - Company News

CIEL Group plans IPO by Q3FY25, aims to raise nearly Rs 500 crore

CIEL continued to focus on its HRTech and Consulting lines of business; as a result, the group contribution of these segments in the overall portfolio has increased to 41 per cent

Bajaj Finserv arm acquires 100% stake in Vidal Healthcare Services

On the deal, Pune-based Bajaj Finserv said that it aims to expand its capabilities in the healthcare sector in India

TVS Industrial and Logistical Parks, Goa-IPB to set up warehousing park

The strategic commitment involves an investment of Rs 125 crore, marking TVS ILP fostering industrial growth in Goa, a company statement issued here on Tuesday said

Ikea adds doorstep delivery facility in new markets, expects higher demand

At present, Ikea India gets around 25 per cent of its sales through online channels. The company will soon launch its Shop By Phone assistance service, company's India CEO Susanne Pulverer said

Wheels India Q3 results: Net profit at Rs 12.58 cr amid low-demand

Revenues during the quarter under review grew to Rs 1,131 crore driven by a strong recovery in exports, as compared to Rs 1,018 crore registered in the same period of last year

Toyota suspends dispatch of 3 models in India due to some 'irregularities'

The issue does not have any impact on the emissions or safety of the affected vehicles, the company stated

Volvo says will minutely examine C40 Recharge EV to ascertain cause of fire

The company is in touch with and continues to support the customer, it added

Servotech Power, BPCL to set up 1,800 EV charging stations pan India

"Our partnership focuses on establishing a dynamic EV charging network that makes EV charging accessible for EV owners nationwide

Sterlite Power secures orders worth Rs 1,400 crore in Oct-Dec quarter

The equipment will be supplied for projects like metro, data center, and power projects

Aparna Constructions to invest Rs 2,425 cr in 2 new Hyderabad projects

The project -- Aparna Newlands -- will be spread over 14 acres totalling 1,976 units, while the 5-acre Aparna Sarovar Towers project will have 585 units

Zee-Sony merger: NCLT issues notice to Sony to file reply in three weeks

Last week, the Sony Group Corp called off the merger with ZEEL following a stalemate over who will lead the merged entity

NTPC arm, Maharashtra govt ink pact to develop green hydrogen projects

NGEL is a wholly-owned subsidiary of NTPC with an operational capacity of over 3.4 GW and 26 GW in pipeline, including 7 GW under implementation

Porsche India posts record best retail sales at 914 units in 2023

Besides, a record 65 units of the iconic 911 model were delivered in the same period, it added

Suzlon bags 642 MW project from ACPL to set wind turbines in Andhra

A project of this size can provide electricity to around 5.28 lakh households and curb about 20.87 lakh tonnes of CO2 emissions every year

Boeing withdraws request for safety exemption amid quality control issue

In its announcement, the company said it was "committed to being transparent, listening to all our stakeholders and taking action to strengthen safety and quality at Boeing

Ranjan Pai may invest additional $50-60 million in Byju's-owned Aakash

Pai may intend to make additional investments in Aakash to spur business growth and scale the business during the upcoming enrolment season

L&T's construction arm bags order to set up solar power plant in Dubai

L&T is a $ 23 billion Indian multinational engaged in EPC projects, hi-tech manufacturing and services

Fever FM announces it is shutting down due to 'evolving trends' in media

In a social media post, Fever FM said that the end for the Radio industry is 'closer than you expect'

Toyota holds lead as world's no. 1 automobile manufacturer for fourth year

Output, which refers to cars off the production line, grew 8.6 per cent to 11.5 million units. VW's deliveries increased 12 per cent to 9.24 million units in 2023

Move near an office or leave company: IBM's ultimatum to its managers

Many companies have increased return-to-office requirements over the last year, replacing employee-friendly incentives like happy hours and commuter subsidies