Page 974 - Company News

Salesforce to lay off around 700 employees across company: Report

With this, Salesforce has become the fourth tech major to trim its workforce in 2024 after Google, Twitch and Amazon

Adani Group to buy 6 Pilatus PC-24 business jets for top executives: Report

The deal would cost Adani Group over Rs 300 crore for all six aircraft since the purchase is from the resale market

Cipla board rejig: Samina Hamied to step down from executive role

Balram Bhargava appointed as independent director on board

DLF to buy 29 acres land in Gurugram for over Rs 825 cr for housing project

Realty major DLF Ltd will acquire 29 acres of land in Gurugram from IREO to build a housing project after taking over bad loans worth Rs 825 crore related to the land

Reliance Jio, OnePlus join hands to set up 5G innovaion lab in India

Telecom major Reliance Jio and Chinese smartphone company OnePlus have joined hands to set up a 5G innovation lab in India.

Four companies get Sebi's approval to raise funds by launching IPOs

Entero Healthcare Solutions, JNK India, Exicom Tele-Systems and Akme Fintrade (India) have received markets regulator Sebi's approval to raise funds through initial public offerings

Walt Disney's India unit market valuation halves in Reliance merger talks

After weeks of negotiations following a non-binding pact with Ambani's Reliance Industries Ltd. to merge their entertainment business

Zee walks back on $1.4 bn TV cricket rights deal with Disney: Report

Zee in August told Indian stock exchanges it had signed a strategic licence agreement with Disney to take over certain International Cricket Council TV broadcast rights

US lenders take Byju's to NCLT to initiate insolvency proceedings

The lenders said this was done after over 16 months of efforts on behalf of the Ad Hoc Group to restructure the loans

Tesla expects slowing of growth before new EV model launch in 2025: Musk

Tesla started slashing the prices of its cars in late 2022, igniting a price war that singed US rivals including Ford, who have all slowed EV production

Sajjan Jindal-owned JSW forays into defence manufacturing business

JSW Group's entry into the defence business reciprocates the Indian Government's confidence in providing impetus through the private sector's participation in building indigenous defence capabilities

Transform Rural India to list on SSE; Nova Agri IPO subscribed 109 times

The SSE enables investors subscribe to zero coupon zero principal (ZCZP) bonds of non-profit organisations (NPOs), which are backed with robust standards of social impact and financial reporting

Indus Towers may emit weak signals as Vodafone Idea concerns persist

The rental revenue growth was due to the addition of 7,600 towers, and 7,200 co-locations implying a reduction in the average sharing factor (ASF) sequentially to 1.72x from 1.74x

REC to collaborate with NIIFL for financing renewable, infra projects

Both entities have signed a Memorandum of Understanding (MoU) in this regard, according to a statement on Thursday

Glenmark expands global reach with cancer drug Envafolimab agreement

Envafolimab is a first-in-class PD-L1 inhibitor, a type of immunotherapy drug that harnesses the body's immune system to fight cancer

Air India to induct 68 new aircraft in 2024, says CEO Campbell Wilson

The airline started the commercial operations of its first A350 aircraft on January 22, with a flight from Mumbai to Chennai

Court allows Jet founder Goyal to undergo colonoscopy at private hospital

The superintendent of Arthur Road jail shall arrange sufficient escort at the expenses of the applicant (Goyal), the court said

Personal information of 750 mn Indians up for sale on dark web: CloudSEK

The dataset allegedly encompasses around 85 per cent of the Indian population, making it one of the largest breaches of its kind

Adani Power inks pact to sell stake in 2 arms to AdaniConnex for Rs 540 cr

The filing showed that the AIPL and IBPL are being sold for a consideration of Rs 190 crore and Rs 350 crore, respectively

SJVN bags solar project worth Rs 550 cr from Gujarat Urja Vikas Nigam

According to the statement, SJVN has secured the full quoted capacity of a 100 MW solar power project through e-Reverse Auction conducted by GUVNL