Page 1007 - Company News

Coal India's supply to non-regulated sector rises 31% during Apr-Dec

Coal India Ltd (CIL) supplied 75 MT fuel in the corresponding period of the previous fiscal

SAIL enters deal with Chennai-based Ram Charan for managing emissions

Agreement is for multiple solutions like converting emissions to value-added products and fuel

CK Birla Group's Birlasoft names Manjunath Kygonahally as overseas CEO

Birlasoft appointed Manjunath Kygonahally as the Chief Executive Officer (CEO) for the Rest of the World (ROW) region. Kygonahally will be based in the United Kingdom

Tata Motors domestic sales rise 4% in Dec; EV sales rise 21% in Q3FY24

Tata Motors' passenger vehicles remained in strong demand including preference for emission-friendly products in the domestic market, the company said

Airtel Africa CEO Ogunsanya to retire, Sunil Taldar named successor

Taldar, who joined Airtel Africa in October 2023 as Director Transformation, will begin the transition to the CEO role, working alongside Ogunsanya

Suzuki Motorcycle India's vehicle sales grow 24% to 79,483 units in Dec

Suzuki Motorcycle India Pvt Ltd (SMIPL), a subsidiary of Suzuki Motor Corporation, had sold 63,912 vehicles in December, as per a company statement

BHEL making India self-reliant in energy, infra: Heavy industries minister

The minister inaugurated the newly-constructed BHEL Sadan in Noida on the occasion of BHEL Day on Monday, the company said in a statement

Hershey Company appoints Luigi Mirri as general manager for India division

Currently serving as the General Manager of APAC, Mirri will expand his responsibilities to include India, Hershey Company said in a statement. Mirri's appointment is from January 1,2024

Federal Bank's advances increase 18% to Rs 2.02 trillion in Q3 FY24

On a segmental basis, the bank said that as per its internal classification, its retail credit book grew by 20 per cent year-on-year, and its wholesale credit book grew by 17 per cent

Skincare brand Nivea India appoints Geetika Mehta as managing director

Mehta, who has an experience of over two decades in the FMCG sector, will steer the brand in the country, Nivea India said in a statement

GACL ties up with Vedanta to explore opportunities in caustic-chlorine

Gujarat-based GACL has a production capacity of 8,52,400 tonne per annum with manufacturing facilities spread over four complexes, two each in Vadodara and Dahej

Easy Trip Planners gets board nod for raising funds up to Rs 1,000 cr

The board of directors of the company, at its meeting held on Tuesday, has given in-principle approval for the fundraising proposal, Easy Trip Planners, which operates under the brand EaseMyTrip

Not in talks with Musk's Starlink for a tie-up, says Vodafone India

On Monday, the Bombay Stock Exchange, where Vodafone Idea's stock is listed, had asked the company for a clarification, citing the BusinessWorld report

Kia India appoints Gwanggu Lee as MD and CEO, succeeds Tae Jin Park

Lee has held leadership positions in various capacities in both developed and developing economies, including roles in the US, Canada, Italy, Mexico, Kia Headquarters in Central and South America

SC to consider hearing Vedanta's plea on Sterlite copper unit in Tami Nadu

The Tamil Nadu government had on May 28, 2018, ordered the state pollution control board to seal and "permanently" close the mining group's plant following violent protests over pollution concerns

Godrej Properties buys 4-acre land parcel in North-West Bengaluru

The recent project by Godrej Properties is estimated to have a developable potential of approximately 0.7 million square feet of the saleable area

ICICI Venture to sell its entire 42% stake in patisserie chain Theobroma

The alternative investment arm of ICICI Bank is expecting the 20-year-old chain Theobroma to be valued at Rs 2,800 crore

The four fortunes riding on PM Modi's victory in Lok Sabha elections

Naturally, the biggest danger of allowing a handful of business groups to aggressively branch into new areas and extend their control over large swathes of economy is extreme concentration of power

Vedanta Resources faces investor reckoning over $3.2 billion of bonds

Vedanta needs a green light from at least two-thirds of the bondholders in each of the three securities to proceed with the plan. A holder meeting will be held on Jan. 4

Ashok Vaswani takes charge as Kotak Mahindra Bank MD & CEO from January 1

Furthermore, C S Rajan, independent director, has assumed the office as the part-time chairman of the bank, with effect from January 1, 2024