Page 11 - Indian Companies

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

Paytm to refocus on delivering sustainable, profitable biz model: Sharma

This comes after One97 Communications, the company operating Paytm brand, handed pink slips to employees in the March quarter of FY24

Tata's Rs 6K cr plant for iPhones likely to start operations in November

Hosur factory to be second assembly plant for Tata

India will need around 100K company secretaries by 2030, says ICSI

India will need around 1 lakh company secretaries by 2030 amid rising economic growth and increasing focus on good governance, according to the company secretaries' apex body ICSI. Currently, there are more than 73,000 company secretaries and out of the total, around 12,000 are practising company secretaries. Company secretaries play a key role in the corporate governance framework in ensuring compliance of companies with various statutory requirements. Institute of Company Secretaries of India (ICSI) President B Narasimhan said there has been a paradigm shift in the way the country's economy is perceived today and company secretaries have essentially become a significant linchpin in making India one of the most preferred investment destinations of the world. India will need around 1 lakh company secretaries by 2030, he told PTI during a recent interaction. On an average, the ICSI gives membership to over 2,500 people every year. Going by projections, India is expected to become

Warburg Pincus buys majority stake in furniture fittings maker Ebco

Ebco is one of India's oldest and most prominent furniture fittings and architectural hardware brands, said a company statement

Large deals power paradigm shift in India's venture capital terrain

Additionally, the total number of high-value deals above $100 million increased from seven to eight