LiveCustomers Asked to Refund Rebate Amid Subsidy Cancellation
A group of seven electric two-wheeler makers on Friday urged the centre to look at the possibility of asking the customers to return the excess...
Category : BUSINESS
New TCS CEO Rejigs Senior Leadership Positions
In an exchange filing on Saturday, Tata Consultancy Services (TCS) announced several senior management personnel (SMP) changes under the Securities and Exchange Board of India...
IndiGo Slapped With a Rs 30 Lakh Penalty by DGCA for Tail Strike Incidents
A special audit of IndiGo Airlines was conducted by DGCA (Directorate General of Civil Aviation) to examine the company’s documentation and procedures concerning training, operations,...
Silicon Power Group to Invest $121.7 Million in Semiconductor Plant in Odisha
US-based Silicon Power Group is set to invest $121.73 million in Odisha to set up a manufacturing plant to produce 150 millimetres of silicon carbide,...
AMD to Invest $400 Million in India Over by 2028, To Build Campus in Bangalore
Advanced Micro Devices (AMD), the American Semiconductor company, on Friday, July 28, announced plans to invest $400 million in India over the next five years....
Vedanta to Have a New World Class Tech Partner for Semiconductor Unit
On Friday, Anil Agarwal, Chairman of Vedanta, said that the company had found a new world-class tech partner for its semiconductor unit in India. During...
Adani Enterprises’ Subsidiary Raises Rs 3,230 Crore From Barclays and Deutsche Bank
A wholly owned subsidiary of Adani Enterprises, Adani New Industries Ltd (ANIL), has raised a trade finance facility of $394 million or Rs 3,231 crore...
Indus Tower Q1 Report; Net Profit Increases 3-Folds
India’s leading passive telecom provider, Indus Tower reported a consolidated net profit of Rs 1,348 crore for the quarter ending on June 30; the company...
Indian Hotels Q1 Report; Net Profit Jumps 31% to Rs 222 Crore
Tata Group-backed hospitality chain Indian Hotels Company has reported a 30.58% rise in Net profit at Rs 222 crore for the quarter ending in June...
Welspun Enterprises Board Approved Stake Purchase in Michigan Engineers
On July 27, Welspun Enterprises signed a stake purchase agreement with Sansaar Housing Finance, Autumn Investments and Infrastructure, and Michigan for a 50.10% stake purchase...