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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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This construction engineering firm declares 10% dividend per equity share

This construction engineering firm declares 10% dividend per equity share

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 FY25: Report

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 40 centres in 14 cities

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: Crisil

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 data practices

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 solutions to dealers

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: Report

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 financial investors shown strong interest in Reliance Retail, says Mukesh Ambani

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 shall deliver, says Mukesh Ambani; outlines mega AI push

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 to build AI-based software stack

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' job

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.

UK market watchdog clears Broadcom's $61 billion deal to acquire VMware

UK market watchdog clears Broadcom's $61 billion deal to acquire VMware

Mon, Aug 21, 2023

The UK's Competition and Markets Authority (CMA) on Monday approved US-based hardware company Broadcom's $61 billion purchase of desktop virtualization software provider VMware following an in-depth investigation.

Google announces new Transparency Center

Google announces new Transparency Center

Fri, Aug 18, 2023

Google has announced a new 'Transparency Center'-- a central hub for quickly and easily learning more about the company's product policies.

Lenovo misses profit estimates, company to invest additional $1 billion in AI

Lenovo misses profit estimates, company to invest additional $1 billion in AI

Thu, Aug 17, 2023

Chinese PC major Lenovo Group on Thursday reported revenue of $12.9 billion and net income of $191 million for the June quarter which did not meet analysts' estimates.

iQOO appoints Shwetank Pandey as Chief Gaming Officer

iQOO appoints Shwetank Pandey as Chief Gaming Officer

Thu, Aug 17, 2023

Smartphone brand iQOO on Thursday announced the appointment of Shwetank Pandey as its first-ever Chief Gaming Officer (CGO), who has chosen after a three-month-long nationwide hunt.

Glenmark Pharma Q1 Results: Net profit falls 18% to Rs 173.13 crore

Glenmark Pharma Q1 Results: Net profit falls 18% to Rs 173.13 crore

Sat, Aug 12, 2023

Glenmark Pharmaceuticals Ltd on Friday reported an 18 per cent decline in consolidated net profit at Rs 173.13 crore in the first quarter ended June 30, 2023, impacted by higher expenses.

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