Page 971 - Company News

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

Sony scrapped $10 bn merger as Zee failed to meet financial terms: Report

India's Zee denied the allegations in a letter to Sony, also reviewed by Reuters, and accused the Japanese company of "bad faith" in calling off the merger

Nuvoco Vistas Q3 results: Profit stands at Rs 31 cr, revenue at Rs 2,421 cr

The turnaround came on a revenue of Rs 2,421 crore and a 55 per cent jump in operating profit to Rs 421 crore, the company said in a statement

Adani Group central to India's economic ambitions, says US-based analyst

These investments, it said, are paramount for India to drive productivity growth, as GDP per capita of $2,250 is meaningfully below that of China ($12,556)

Grasim Industries Rs 4,000 crore rights issue over subscribed two-fold

The company has received a cumulative bid for nearly 4.34 crore shares as against 2.21 crore shares offered by the Aditya Birla Group firm, according to an exchange filing

Mixed outlook for Tata Steel stock as global demand remains soft

In Q3FY24, Tata Steel's standalone revenue increased by 2 per cent year-on-year (Y-o-Y) to Rs 34,700 crore, in line with consensus