Companies

India aims to emerge as alternative to China with 3 major semiconductor projects

India is emerging as a promising alternative to China in the global chipmaking industry, hosting the Semicon exhibition for the first time. Prime Minister Narendra Modi has initiated three semiconductor projects worth Rs 1.25 lakh crore, aiming to make India a major semiconductor hub.

Jun 15, 2024

Paytm cuts jobs amid restructuring exercise, disburses bonus

One97 Communications Limited (OCL), which owns the Paytm brand, has begun to lay off an undisclosed number of employees amid a restructuring exercise, along with facilitating outplacement assistance to those affected.

Jun 10, 2024

Softowell Announces Launch of "Softowell Startup Insights" Podcast for Aspiring Entrepreneurs Across Multiple Platforms

"Softowell Startup Insights" is set to become an indispensable resource for entrepreneurs at the beginning of their journey.

Jun 7, 2024

Adani Solar 'Top Performer' in Kiwa PVEL's PV Module Reliability Scorecard for 7th year

Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group, on Friday, said it has been recognised as a 'Top Performer' in the 10th Edition of Kiwa PVEL'sPV Module Reliability Scorecard.

Jun 7, 2024

Adani One, ICICI Bank launches credit cards with airport-linked benefits

Adani One, ICICI Bank launch India's 1st credit cards with airport-linked benefits

Marking its maiden venture in the financial sector, Adani One on Monday introduced India's first co-branded credit cards with ICICI Bank, along with airport-linked benefits in collaboration with Visa.

Jun 3, 2024

Kia India reports 3.9 pc sales growth in May, surpasses 2.5 lakh export milestone

Kia India on Saturday said it has registered the sale of 19,500 units in May, a growth of over 3.9 per cent compared to 18,766 units in the corresponding month of the last year.

Jun 1, 2024

DGCA slaps show cause notice on Air India for flight delays, passenger discomfort

The Directorate General of Civil Aviation (DGCA) on Friday issued a show cause notice to Air India after its two flights were delayed and passengers were put to discomfort due to insufficient cooling in the aircraft.

May 31, 2024

Adani Group back on expansion spree, eyes $90 billion capex: Jefferies

Despite a short-seller report in late FY23 affecting its market capitalization, the Adani Group achieved a significant 40% year-over-year EBITDA growth in FY24, according to a Jefferies report.

May 31, 2024

Hero Fincorp approves Rs 4,000 crore IPO; shares valued at Rs 10 each

India's largest two-wheeler manufacturing company Hero MotoCorp's financial arm Hero Fincorp approved a Rs 4,000 crore Initial Public Offering (IPO) of equity shares with a face value of Rs 10 each.

May 30, 2024

Report on acquiring a stake in Paytm totally false: Adani Group

The Adani Group on Wednesday categorically denied a media report which claimed that the company is going to acquire a stake in digital payments company Paytm.

May 29, 2024

Global firms must tap local display manufacturing opportunities in India: Industry leaders

India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global companies seeking to diversify their display supply chains beyond certain geographies.

May 28, 2024

Adani Enterprises on aggressive expansion plan, seeks to raise Rs 16,600 crore soon

Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, as it aims to aggressively expand its businesses.

May 28, 2024

How E-Grocery is Winning Consumers' Hearts and Strengthening the Indian Grocery Sector

How e-Grocery is winning consumers' hearts and strengthening Indian grocery sector

E-grocery is rapidly transforming the Indian grocery sector, offering convenience, accessibility, and value to consumers. Leading players like Flipkart Grocery are leveraging technology and partnerships to cater to diverse consumer needs, driving growth and reshaping the future of grocery retail in India.

May 13, 2024

Jwala Khan Recognized as a 'Ten Crore Champion' at the Prestigious Freedom Business Retreat 2024

Jwala Khan's story is a testament to his relentless pursuit of innovation, his commitment to digital transformation, and his profound impact on agile methodologies

May 9, 2024

Vamsi Krishna Honored as a 'Ten Crore Champion' at Freedom Business Retreat 2024

Vamsi Krishna's recognition as a 'Ten Crore Champion' not only highlights his individual achievements but also underscores his impact on the digital transformation landscape.