Page 961 - Company News

Tata Power Renewable Energy installs 1,000 kW solar project in West Bengal

Bifacial solar system comprises solar panel which captures sunlight from both surfaces and produces power from two sides

Accenture to enhance Indo Count's biz operations using digital technologies

Accenture will design, develop, and deploy a digital core using SAP S/4HANA Cloud (enterprise resource planning software)

'Samsung plans to start making laptops at its Noida factory this year'

"We will start manufacturing laptops this year at the Noida factory. Preparations are already underway," said the official, who is on an India visit

Shriram Finance sees assets under management growth slowing to 15% in FY25

"For this year, we may end up at an AUM growth of around 20% because the first three quarters have been good," Umesh Revankar said

Murugappa Group's finance firm Chola expects AUM growth of 20-25% in FY25

Company expects healthy growth in its key business of vehicle loans and new initiatives in lending to consumer and small enterprises

Prepping for IPOs, startups shore up ops and focus on profitability

Companies cutting costs to improve financial health, strengthening corporate governance systems

Inox Wind 3 MW WTGs make entry in MNRE's list of approved turbines

With multiple orders in hand for the 3 MW WTGs, there will be a major ramp-up in the manufacturing and supplies of the turbines to meet the high demand

Polaris Smart Metering gets Rs 5,200 crore smart meter project in UP

Polaris has also received Letter of Awards (LOAs) from West Bengal and Manipur worth over Rs 2,400 crore to install more than 2.3 million smart meters across these two states

Switzerland-based responsAbility to invest up to $25 million in BluSmart

The announcement said that the investment will help BluSmart expand its EV charging infrastructure across the country

AstraZeneca to import critical drugs to India, focus on cancer therapies

AstraZeneca is currently conducting 50 clinical trials in India

Zerodha users face service disruption for third time in 3 months

Zerodha users encounter difficulties with account access and order placement, highlighting ongoing glitches; the company says that the problem has been resolved

Adani Green completes funding of reserves for $750 million Holdco Bond

Adani Green had announced the redemption plan for the $750 million bonds earlier this month

Promoter family to increase stake in Zee to 26% eventually: Subhash Chandra

Chandra also said that as a promoter, he was "seriously considering" filing a criminal case against Sony

Fund Pick: Franklin India Flexi Cap Fund is a diversified outperformer

The fund aims to provide capital growth to investors through a diversified portfolio of equities, fixed-income securities, and money market instruments

PLI scheme for ACs game changer for industry: Panasonic Life Solutions

The sole objective of the PLI scheme for air-conditioners was to increase the value addition to 75 per cent from 25 per cent by FY28 by encouraging the domestic production of components

Optimistic about overall growth prospects, good demand ahead: Pidilite MD

Pidilite, which passed on the benefits of lower-cost prices to consumers, does not see any disruption in the supply chain from the geopolitical crisis, which is brewing in the Middle East

CEAT eyes opportunity in replacement tyre market growth fuelled by PV sales

Banerjee further said, "What is even more heartening is that we are gaining share in the replacement market, inch by inch, not in a dramatic manner

Piramal Enterprises sells 20% in Shriram Investment for Rs 1,440 crore

SOT is the promoter of Shriram Capital Private Limited, which is the overarching holding company of Shriram Group

Shriram Group to enter wealth management in FY25, awaits RBI's nod

The group plans to launch its wealth management business through Shriram Credit, a subsidiary of Shriram Capital

Punjab National Bank raises profit guidance to Rs 7,500 crore for FY24

With a 253 per cent jump in the net profit in the third quarter, the bottom line of the bank in the three-quarters of FY24 crossed Rs 5,230 crore