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Honda to invest Rs 9.2 billion to expand production capacity of its fourth plant

Honda to invest Rs 9.2 billion to expand production capacity of i...

Thu, May 22, 2025

Honda set up its fourth plant in February 2016 and during that time annual production capacity was at 600,000 units.

200% Dividend: PSU bank declares payout of Rs 4 per share, net profit at Rs 5,004 crore

200% Dividend: PSU bank declares payout of Rs 4 per share, net pr...

Thu, May 08, 2025

Canara Bank Dividend: Major PSU, Canara Bank, has announced a dividend of 200 per cent along with issuing the fourth quarter earnings for the financial year of 2024-25 on Thursday,

Macrotech Developers cuts net debt by 7% in March quarter to nearly Rs 4,000 crore on better sales

Macrotech Developers cuts net debt by 7% in March quarter to near...

Sun, Apr 20, 2025

Macrotech Developers' internal cash flow remained strong last fiscal year due to record sales bookings and healthy fund collections from customers.

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Sterlite Power acquires Beawar Transmission to develop power project in Rajasthan

Sterlite Power acquires Beawar Transmission to develop power proj...

Fri, Sep 22, 2023

Sterlite Power on Friday said it has acquired Beawar Transmission Ltd for developing an electricity transmission project in Rajasthan.

Indian firm STL opens $56 mn optical solutions manufacturing facility in US

Indian firm STL opens $56 mn optical solutions manufacturing faci...

Thu, Sep 21, 2023

Indian optical and digital solutions company STL (Sterlite Technologies Ltd) on Thursday opened a $56 million manufacturing facility in the US to drive the rural broadband build in the country.

Amazon launches multi-channel fulfilment for sellers, retailers in India

Amazon launches multi-channel fulfilment for sellers, retailers i...

Thu, Sep 21, 2023

Amazon on Thursday launched multi-channel fulfilment (MCF) for sellers including direct-to-consumer (D2C) brands, retailers and manufacturers in India.

Tata Power Renewable Energy enters Nepal market, ties up with Dugar Power

Tata Power Renewable Energy enters Nepal market, ties up with Dug...

Thu, Sep 21, 2023

Renewables solution provider Tata Power Renewable Energy on Thursday said it has collaborated with Nepalese firm Dugar Power to accelerate Nepal's renewable energy initiatives.

Adani Green Energy, TotalEnergies form joint venture to expand partnership

Adani Green Energy, TotalEnergies form joint venture to expand pa...

Wed, Sep 20, 2023

Adani Green Energy and TotalEnergies have entered into an agreement to create a new joint venture, equally owned by both, with a 1,050 MW portfolio.

This construction engineering firm declares 10% dividend per equity share

This construction engineering firm declares 10% dividend per equi...

Tue, Sep 19, 2023

The company's board also approved the re-appointment of Tripti Gupta as a full-time director and Mukesh Kumar Garg as an independent director.

Cement companies' green power mix likely to rise to 42% by FY25: Report

Cement companies' green power mix likely to rise to 42% by F...

Mon, Sep 18, 2023

Cement companies' green power mix is likely to jump to 40-42 per cent by FY25 from 35 per cent in FY23, which will lead to savings of 140-160 basis points by way of lower energy cost, a report said on Monday.

Foxconn commits to double employment, investments in India

Foxconn commits to double employment, investments in India

Mon, Sep 18, 2023

iPhone-maker Apple's supplier Foxconn has committed to doubling employment, investments and business size in India by next year, underlining its smooth and rapid growth in the country, according to a social media post by a company executive.

Managed workspace provider Smartworks expands portfolio to over 40 centres in 14 cities

Managed workspace provider Smartworks expands portfolio to over 4...

Fri, Sep 15, 2023

Smartworks, India's largest provider of managed workspaces has expanded its portfolio to more than 40 centres spanning 8 million square feet across India with the addition of its newest centre, Olympia Pinnacle, in Chennai.

Tea companies likely to see 8% revenue degrowth this fiscal: Crisil

Tea companies likely to see 8% revenue degrowth this fiscal: Cris...

Fri, Sep 15, 2023

The tea industry in India is expected to register a 8 per cent degrowth in revenue this financial year, led by a decline in exports, according to Crisil Ratings.

Google pays $93 million as settlement over deceptive location data practices

Google pays $93 million as settlement over deceptive location dat...

Fri, Sep 15, 2023

California Attorney General Rob Bonta has announced a $93 million settlement with Google over its deceptive and misleading options for managing location data.

Maruti Suzuki partners with Indian Bank to provide financing solutions to dealers

Maruti Suzuki partners with Indian Bank to provide financing solu...

Thu, Sep 14, 2023

Maruti Suzuki India Ltd on Thursday said it has partnered with Indian Bank to provide financing solutions to its dealers.

Google lays off hundreds of employees in global recruiting team: Report

Google lays off hundreds of employees in global recruiting team:...

Thu, Sep 14, 2023

Google is laying off hundreds of employees from its recruiting team globally, as the new hiring has slowed down at the Alphabet company, the media reported.

Vertex Ventures' SEA and India arm raises USD 541 million

Vertex Ventures' SEA and India arm raises USD 541 million

Wed, Sep 13, 2023

Vertex Ventures Southeast Asia and India (VVSEAI) on Tuesday said it has raised USD 541 million (about Rs 4,489 crore) in a funding round.

Coal India commits Rs 24,750 crore for 61 eco-friendly projects

Coal India commits Rs 24,750 crore for 61 eco-friendly projects

Tue, Sep 12, 2023

Coal India Ltd has committed a capital investment of about Rs 24,750 crore in the next few years on as many as 61 first-mile connectivity (FMC) projects in a bid to boost eco-friendly coal transportation.

Reliance AGM 2023: Several marquee global strategic and financial investors shown strong interest in Reliance Retail, says Mukesh Ambani

Reliance AGM 2023: Several marquee global strategic and financia...

Mon, Aug 28, 2023

Several marquee global strategic and financial investors have shown strong interest in Reliance Retail, which has raised USD 1 billion from Qatar's sovereign agency recently, RIL Chairman Mukesh Ambani said on Monday adding that if it were listed on stock exchanges based on current valuation, the retail venture would be among the top four listed entities.

Reliance AGM 2023: Jio promises AI to everyone, everywhere and we shall deliver, says Mukesh Ambani; outlines mega AI push

Reliance AGM 2023: Jio promises AI to everyone, everywhere and we...

Mon, Aug 28, 2023

Jio Platforms is keen to lead efforts in developing India-specific AI models and AI-powered solutions across domains, delivering the benefit of this new-age technology to Indian citizens, businesses and government, RIL Chairman Mukesh Ambani said on Monday promising "AI to everyone, everwhere".

Amazon India introduces farm-to-fridge quality assurance system

Amazon India introduces farm-to-fridge quality assurance system

Wed, Aug 23, 2023

Amazon India on Wednesday introduced a shelf monitoring solution -- a Machine Learning (ML) powered farm-to-fridge quality assurance system for fresh produce.

Paytm files FY23 annual report; CEO Sharma says company investing to build AI-based software stack

Paytm files FY23 annual report; CEO Sharma says company investing...

Mon, Aug 21, 2023

One97 Communications Limited, which owns the brand Paytm, India's leading payments and financial services company and the pioneer of QR and mobile payments, on Monday filed its annual report for 2022-23 with the exchanges.

Tesla admits data breach impacting 75,000 employees was insiders' job

Tesla admits data breach impacting 75,000 employees was insiders...

Mon, Aug 21, 2023

Elon Musk-run Tesla has admitted that a data breach affected more than 75,000 employees was perpetuated by insiders in the company.

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