Page 997 - Company News

Tata Motors global wholesales up 9% to 338,177 units in December quarter

Global wholesales of Tata Motors' commercial vehicles and Tata Daewoo range in October-December period of FY24 were at 98,679 units, up 1 per cent over third quarter of FY23

Godrej Agrovet interested to set up palm oil processing unit in Telangana

CM Revanth Reddy suggested that the delegation also explore the state's huge potential in real estate, furniture and consumer goods

Tata Power Renewable Energy plans to invest Rs 70,800 cr in Tamil Nadu

These renewable projects will be located over 50,000 acres of land in Tamil Nadu with an investment potential of nearly Rs 70,000 crore

Saint-Gobain plans to invest Rs 3,400 cr across segments in Tamil Nadu

The company exchanged documents with state government officials in the presence of Chief Minister M K Stalin during the Global Investors Meet held in the city

Starbucks plans to accelerate growth to 1,000 stores in India by 2028

The company currently operates over 390 stores across 54 Indian cities, including Mumbai, New Delhi, Hyderabad, Chennai, and Bengaluru

Renault to launch upgraded variants of its cars to boost sales in India

Renault and its alliance partner Nissan will pump nearly $600 million in India over the next three years in a bid to boost its sales

Prestige Estates Q3 sale bookings jump over 2-fold to Rs 5,326 cr

Prestige Group has completed 288 projects spanning a developable area of 172 million square feet and has 56 ongoing projects across segments, with a total developable area of 86 million square feet

Renault plans 5 launches in 3 years, eyes double-digit sales growth in 2024

The company sold around 49,000 units in the domestic market and also shipped close to 28,000 units to various international markets in 2023

Apis India to expand product portfolio, aims Rs 500 cr revenue in FY25

The listed company, which is present in the food segment with honey, dates, green tea and breakfast products, among others, is looking to expand its product portfolio and distribution footprints

CoinDCX sets aside $1 million to aid asset transfers from foreign exchanges

This comes after the finance ministry's FIU last month issued show cause notices to nine offshore crypto exchanges for operating in India 'illegally'

SSW to invest Rs 138 cr in AMW Autocomponent, part of insolvency resolution

The company's board has decided on the plan after the Ahmedabad Bench of the National Company Law Tribunal gave its nod for its resolution plan for AMW Autocomponent

HC keeps abeyance in CBI, DRI inquiry of over-invoicing by Adani group

The counsel for the Adani firm informed the court that the customs department has filed a petition seeking review of the top court's order which is pending adjudication

Jindal Advanced Materials commits Rs 1,000 cr investment in Tamil Nadu

As part of the Memorandum of Understanding (MoU) with the state government, it will set up a manufacturing plant over an area of 250 acres, the company said in a statement on Tuesday

Bharat Forge to invest Rs 1,000 cr in Tamil Nadu to enhance production

The company has entered into a memorandum of understanding (MoU) with Guidance, the nodal agency of the state government as part of the Tamil Nadu Global Investors Meet 2024

Adani Ports raises Rs 500 crore by issuing NCDs on private placement basis

Billionaire Gautam Adani's firm in a regulatory filing said it has accepted bids aggregating to Rs 500 crore for two listed bonds, with one maturing in five years and the other in 10 years

Big tech companies likely to continue hybrid mode of work: WeWork India CEO

Companies in the BFSI, media, and consulting sectors have returned to office almost fully, said Karan Virwani

'Baseless, factually incorrect': Zee on reports of Sony calling off merger

'Zee is committed to the merger with Sony,' said the company in a BSE filing on Tuesday

Coal India extends fuel supply agreement tenure for non-regulated sector

State-owned CIL on Tuesday said it has extended the tenure of fuel supply pact to ten years from the earlier five years for the non-regulated sector

Starbucks plans to double stores in India as coffee consumption booms

The global coffee giant wants to operate 1,000 stores in India by 2028, and the focus will be in so-called tier-2 and tier-3 cities - those outside of its biggest metropolises

Gautam Singhania's JK Investors pays Rs 328 cr penalty in customs case

The DRI accused Raymond Group CMD Gautam Singhania of evading custom duties on the import of 142 vehicles, including 138 vintage cars