Companies

Vedanta’s aluminium output rises 4% in Q4

April 4, 2024 13:47 IST

The company's aluminium production was 5,74,000 tonne in the corresponding quarter of FY23, Vedanta said in a filing to BSE.

Disney prevails over Peltz, ending bitter board battle

April 4, 2024 08:05 IST

Iger received the backing of 94% of voting shareholders. Peltz was supported by 31%.

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Debt-ridden Vi’s shareholders okay Rs 20K cr equity fundraise

April 4, 2024 04:15 IST

The company’s board will next meet on April 6 to consider and approve the proposal for the issuance of equity shares or convertible securities on a preferential basis.

Kaspersky claims to have detected over 2 lakh ransomware incidents on businesses in the country in 2023.

Ransomware attacks continue to loom large over Indian cyberspace: Kaspersky

April 3, 2024 19:03 IST

According to the company, major ransomware groups such as Fonix and LockBit targeted global as well as Indian organisations in various sectors, including manufacturing, retail, agriculture, media, and healthcare.

Adani Green Energy becomes India’s first company with 10,000 MW renewable energy capacity

April 3, 2024 13:10 IST

The company has brought 2,848 MW renewables capacity on stream in FY24, according to a company statement. AGEL's operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity.

Tesla misses Q1 delivery estimate on slowing EV demand, tough competition

April 2, 2024 19:45 IST

Tesla shares fell 6.9% before the bell, adding to the nearly 30% slide in value so far this year.

Zomato gets service tax demand and penalty order of Rs 184 crore

April 2, 2024 14:33 IST

The company said it will be filing an appeal against the order before an appropriate authority as it believes it has a "strong case on merits".

Haldia Petrochemicals plans $10 billion oil to chemical project

April 2, 2024 14:15 IST

HPL operates a 1 million tpy petrochemical plant in eastern India and is building the country's largest integrated phenol project at Haldia.

Bajaj Auto reports 25% rise in total wholesales in March

April 2, 2024 13:59 IST

The Pune-based automaker had sold 2,91,567 two-wheelers and commercial vehicles in March 2023, according to a company statement.

DoT asks telcos to suspend USSD-based call forwarding, switch to alternate mode from April 15

March 29, 2024 21:33 IST

Mobile subscribers use USSD service just by dialling any active code on their phone screens. The service is often used for checking IMEI numbers and mobile phone balances, among others.

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Adani family infuses Rs 6,661 crore into Ambuja Cements, hikes stake to 66.7%

March 29, 2024 05:27 IST

“The funds infusion will be instrumental in enhancing conclusively to accomplish the capacity of 140 million tonnes per annum by 2028 by the cement vertical,” Ambuja Cements said in filing to exchanges.

Coal India surpasses its annual supply target of 610 million tonnes

March 28, 2024 15:36 IST

The miner's current average daily supply to coal-fired plants stands at 1.76 million tonnes, reflecting the growing demand from the power sector, according to a company statement.

Adani Power consolidates loans availed by six arms into single long-term debt

March 28, 2024 12:15 IST

In a separate filing, Adani Power informed that its wholly-owned subsidiary Mahan Energen Limited (MEL) has entered into a 20-year long-term power purchase agreement with Reliance Industries Limited (RIL).

Adani group debuts in metal industry, begins operation of first copper unit in Mundra

March 28, 2024 11:29 IST

Adani Enterprises is investing nearly USD 1.2 billion to set up a copper smelter with 0.5 million tonnes capacity in the first phase.

Kalyani group feud: Baba Kalyani’s nephew, niece move to Pune court for division of assets

March 27, 2024 15:42 IST

Sameer and Pallavi have initiated legal proceedings on the grounds that they have a share in Kalyani Hindu Undivided Family (HUF) assets. They allege that Baba Kalyani has so far been enjoying the assets himself and is not being transparent about the duo’s share.

Adani Green commissions 180-MW solar plant at Rajasthan’s Devikot

March 27, 2024 12:08 IST

With the successful commissioning of this plant, AGEL's operational solar portfolio has increased to 6,243 MW, and the total operational renewable generation capacity to 9,784 MW, the largest in India, the statement added.

Adani Power gets CCI’s nod to acquire Lanco Amarkantak Power

March 26, 2024 21:40 IST

On March 5, Adani Power announced it received the creditors' approval for the resolution plan to acquire insolvent Lanco Amarkantak Power.

Trump’s social media company soars nearly 50% in its first day of trading on Nasdaq

March 26, 2024 20:43 IST

Before trading began, Trump Media had a market value of about USD 6.8 billion, a figure that will rise significantly if the early gains in the shares hold.

Bharti Hexacom IPO: Public issue to open on April 3, details here

March 26, 2024 16:42 IST

A subsidiary of Telecom major Bharti Airtel, Bharti Hexacom, is all set to open with Rs 4,275-crore issue on April 3 and close on April 5. A day before the start of the offer period, the bidding for anchor investors will open for a day on April 2. The price band for the IPO has […]