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Ami Organics buys shares worth Rs 42 crore, increases stake by 1%

Ami Organics buys shares worth Rs 42 crore, increases stake by 1%

Fri, Dec 29, 2023

Speciality chemicals maker Ami Organics Ltd on Friday said it has purchased shares worth Rs 42 crore and increased its stake in the company by almost 1 per cent.

Amazon begins to produce own hydrogen fuel to power vehicles

Amazon begins to produce own hydrogen fuel to power vehicles

Fri, Dec 29, 2023

Amazon has announced plans to produce hydrogen fuel at its fulfillment centres and has partnered with hydrogen company Plug Power to install the first electrolyser (equipment that can split water molecules to produce hydrogen) at a fulfillment centre in the state of Colorado in the US.

Bata India gets Rs 60 crore sales tax notice

Bata India gets Rs 60 crore sales tax notice

Thu, Dec 28, 2023

Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday.

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Suzlon bags 300 MW wind energy project from Apraava Energy

Suzlon bags 300 MW wind energy project from Apraava Energy

Thu, Dec 28, 2023

Renewables solutions provider Suzlon on Thursday said it has bagged a 300 MW wind energy project from Apraava Energy.

BEL bags orders worth Rs 2,673 crores to supply sensors for next gen ships

BEL bags orders worth Rs 2,673 crores to supply sensors for next gen ships

Fri, Dec 22, 2023

Bharat Electronics Limited (BEL) has received orders worth Rs 2,673 crores for the supply of 14 types of sensors for use on Next Generation Offshore Patrol Vessels, the Navratna Defence PSU said on Friday.

Siemens to explore energy business spin-off, shares jump to record high

Siemens to explore energy business spin-off, shares jump to record high

Mon, Dec 18, 2023

India's Siemens Ltd will explore a spin-off of its energy business at the behest of some of its stakeholders, the electrical appliances-maker said on Monday, sending its shares to a record high.

Google to end 'geofence warrant' requests for users' location data

Google to end 'geofence warrant' requests for users' location data

Mon, Dec 18, 2023

Google has moved to end a long-running surveillance practice called “geofence warrants”, a practice that allowed law enforcement agencies to use Google's location data to identify potential criminals.

Tata Technologies sets up innovation centre in Coimbatore

Tata Technologies sets up innovation centre in Coimbatore

Thu, Dec 14, 2023

Product engineering and digital services company Tata Technologies on Thursday said it inaugurated its first innovation centre in Coimbatore.

Sembcorp subsidiary bags 300 MW solar project from NHPC

Sembcorp subsidiary bags 300 MW solar project from NHPC

Thu, Dec 14, 2023

Sembcorp Industries' subsidiary Green Infra Wind Energy Ltd (GIWEL) has bagged a 300 MW solar project from NHPC.

Musk's X sees ad share nosediving, to generate half a billion less this year

Musk's X sees ad share nosediving, to generate half a billion less this year

Wed, Dec 13, 2023

The X platform under Elon Musk has seen its ad share nosediving, and the company may generate $2.5 billion this year, missing the internal targets of $3 billion.

Amazon's genAI 'Review Highlights' lets users make informed purchase decisions

Amazon's genAI 'Review Highlights' lets users make informed purchase decisions

Tue, Dec 12, 2023

Amazon on Tuesday launched a new feature -- AI-generated Review Highlights, that provides a short paragraph right on the product detail page highlighting the product features and customer sentiment frequently mentioned across written reviews.

Sun Pharma revises upwards price to fully acquire Taro to USD 43 per share

Sun Pharma revises upwards price to fully acquire Taro to USD 43 per share

Tue, Dec 12, 2023

Sun Pharmaceutical Industries on Tuesday said it has revised upwards the price at which it proposed to fully acquire Israel-based Taro Pharmaceutical Industries to USD 43 per share in cash.

Kinetic Green launches e-scooter ZULU, targets big play in 2, 3-wheeler market

Kinetic Green launches e-scooter ZULU, targets big play in 2, 3-wheeler market

Mon, Dec 11, 2023

Electric vehicle maker Kinetic Green on Monday said it is looking to play big in the electric two and three-wheeler space as it rolled out its all-new e-scooter ZULU in the domestic market.

Ola Electric reports total revenue of Rs 2,782 crore in FY23

Ola Electric reports total revenue of Rs 2,782 crore in FY23

Mon, Dec 11, 2023

Ola Electric on Monday said its total revenue grew over six-fold year on year to Rs 2,782 crore in 2022-23.

Wipro's chief growth officer Stephanie Trautman steps down

Wipro's chief growth officer Stephanie Trautman steps down

Fri, Dec 08, 2023

IT major Wipro on Friday announced that its Chief Growth Officer Stephanie Trautman will step down from her role, effective December 31.Based in the US, Trautman led Wipro's relationships with hyper-growth partners, provides market intelligence through advisors and analysts, enhances Wipro's brand awareness and develops sales capabilities.

Tata plans to build new iPhone factory in Tamil Nadu, hire 50K workers: Report

Tata plans to build new iPhone factory in Tamil Nadu, hire 50K workers: Report

Fri, Dec 08, 2023

The Tata Group is planning to build one of India's largest iPhone assembly plants in Tamil Nadu's Hosur, media reports said on Friday.

Microsoft India announces hike of 6% on business software from February 1

Microsoft India announces hike of 6% on business software from February 1

Thu, Dec 07, 2023

Microsoft India has announced a 6 per cent price hike for its commercial on-premises software and online services, which include Microsoft 365 and Dynamics 365, starting February 1.

Paytm ramps up credit distribution business focusing on big ticket loans in partnership with banks, NBFCs

Paytm ramps up credit distribution business focusing on big ticket loans in partnership with banks, NBFCs

Wed, Dec 06, 2023

India's leading payments and financial services distribution company Paytm has announced the expansion of its loan distribution business with an enhanced focus on higher ticket loans for consumers and merchants.

FedEx invests $100 million to foster job growth, innovation in Hyderabad

FedEx invests $100 million to foster job growth, innovation in Hyderabad

Tue, Dec 05, 2023

Courier delivery services giant FedEx on Tuesday inaugurated its first-ever advanced capability community (ACC) hub in Hyderabad, marking a significant investment of $100 million in the city's tech landscape.

Waaree Energies to supply 200 MW solar PV modules to IRCON Renewable Power

Waaree Energies to supply 200 MW solar PV modules to IRCON Renewable Power

Tue, Dec 05, 2023

Renewable energy player Waaree Energies on Tuesday said it will supply over 200 MW of DCR category solar PV modules to IRCON Renewable Power.

Jupiter Wagons raises Rs 403 crore from QIP

Jupiter Wagons raises Rs 403 crore from QIP

Tue, Dec 05, 2023

Railway wagon and passenger coach major Jupiter Wagons Ltd on Tuesday said it has completed raising Rs 403 crore from qualified institutional placement (QIP).

Godrej Properties net debt up 17% to Rs 6,174 crore in Jul-Sep mainly to fund land acquisitions

Godrej Properties net debt up 17% to Rs 6,174 crore in Jul-Sep mainly to fund land acquisitions

Sun, Dec 03, 2023

Realty firm Godrej Properties net debt rose 17 per cent in the July-September quarter to Rs 6,174 crore mainly due to fund acquisition of land parcels.

HFCL bags order worth Rs 67 crore to supply optical fibre cables

HFCL bags order worth Rs 67 crore to supply optical fibre cables

Sun, Dec 03, 2023

Telecom gear maker HFCL said it has bagged an order of around Rs 67 crore to supply optical fibre cables to a domestic telecom operator.

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