Page 11 - Indian Companies

Finetuning industrial nodes: Intent correct, design requires refinement

The decision to develop select cities as industrial hubs is sound, but revisiting the choice of locations could make it a game-changer

Whistleblower complaints at Indian companies up 8% to 1,074 in FY24

Of the BSE-50 companies, two-year data of whistle-blower complaints were available for 14 companies

US wants to work with India to address key global problems: Biden admin

The US is keen on working with India to address some of the key global problems, including in areas like healthcare, clean energy and climate change, a top Biden administration official has said. The remarks by Nisha Desai Biswal, Deputy CEO of the US International Development Finance Corporation (DFC), came ahead of her visit to India this week. It's not about what India needs help with, as much as how the US and India are working together to address problems, Biswal told PTI in an interview. We have always said if you don't solve it in India, you can't solve it for the world, Biswal said before leaving for India, her first to the country in four years and first as the Deputy CEO of the DFC, which is a development finance institution and agency of the US. Her four-day trip to India will start on Tuesday. She said there are several areas -- like climate change and the issues of addressing global warming and controlling greenhouse gas emissions, supporting a clean energy transition

India's edtech sector sees 30% drop in funding to $215 mn amid slowdown

According to the report, the Indian edtech sector reported the highest-funded quarter in Q3 2021 with an overall funding of $2.48 billion

Soon, tyre companies to pay for flouting waste management guidelines

The Central Pollution Control Board has asked all producers to fulfil their assigned EPR obligations for fiscal years 2023 and 2024

Centre awards RIL full quota of Advanced Chemistry Cell under PLI-II

RIL is currently constructing an advanced chemistry-based battery manufacturing facility with a 30 GWh annual capacity in Jamnagar

TotalEnergies' Adani Green Energy investments now at $3.2 billion

TotalEnergies continues to invest in Adani Green, calling it as a strategic move in the Indian electricity market

Adani Enterprises to issue 1st-ever public bond next wk to raise Rs 800 cr

The company will sell bonds of multiple maturities including two years, three years and five years. However, it did not disclose what the funds would be used for

Food delivery platform Zomato eyes a new 'District' with third super brand

In this regard, Zomato's strategy differs greatly from that of its unlisted rival, Swiggy, who is trying to integrate all of its offerings under one 'super app'

GQG Partners, others buy Ambuja Cements stake worth Rs 4,251 crore

Adani family will use Rs 4,251 cr proceeds to accelerate investment across group firms

Crypto platform WazirX allows partial rupee withdrawals from August 26

Users will be able to withdraw the remaining balances between September 9 and 22

Viacom18 gains the highest-ever viewership for Olympics in India

The opening ceremony was made available across Sports18 Network, Colors Network, VH1, and MTV, besides being free on JioCinema

Adani family to sell around 3% stake in Ambuja Cements on Friday

Move part of portfolio management, induct long-term investors

Hindalco expansion plan entails $10 billion investment, says KM Birla

Exploring copper smelter expansion in Gujarat

ONDC integrates nine LSPs, three lenders to extend credit to customers

The buyer applications include Easypay, Paisabazaar, Tata Digital, Invoicepe, Cliniq360, Zyapaar, Indipe, Tyreplex, and Paynearby

Zomato shuts down intercity 'Legends' services with immediate effect

Zomato had launched its intercity food delivery service in August 2022 to offer consumers delicacies from across ten cities in India from the comfort of their homes

LIC Housing Finance raises Rs 1,050 crore through 5-year bond at 7.75%

The greenshoe option gives the underwriter the right to sell investors more bonds than planned if the demand is higher than expected

Godrej & Boyce targets mkt share boost with battery-powered forklift truck

The BMS was developed in collaboration with Log9 Materials and currently boasts 30 per cent localisation

Wipro extends relationship with John Lewis Partnership for 4 years

As part of this engagement, Wipro FullStride Cloud will extend JLP's current cloud infrastructure, network, and end-user services for another four years

Global caution sends private equity-backed M&A deal value to 6-year trough

A private equity fund gathers money from investors, particularly high networth individuals and invests in high-return opportunities