Page 1020 - Company News

PFC signs MoU with Gujarat govt for power projects worth Rs 25,000 crore

'The collaboration will not only focus on the expansion of power infrastructure, but also help create employment generation of up to 10,000 in Gujarat,' said the Ministry of Power

Haldia Petrochemicals breaks ground on Rs 3,000 cr chemical plant in Bengal

The Rs 3,000 crore project is expected to be completed by the first quarter of 2026

EKA Mobility will supply 1,000 intercity electric buses to GreenCell

EKA Mobility will be responsible for supply, sales, and service of these buses, along with delivering quality certification reports

Adani Ports to raise up to $601 million funds by selling debentures

Billionaire Gautam Adani was re-designated as executive director from managing director and his son Karan Adani was re-designated as managing director from CEO, the company added

ONGC wins seven, Reliance-BP one oil, gas blocks in latest bid round

Oil Minister Hardeep Singh Puri said 10 blocks for exploration and production of oil and gas were offered in the eighth round of Open Acreage Licensing Policy (OALP-VIII)

Bank of Maharashtra slashes home loan rate on new year by 15 bps to 8.35%

In the current high-interest rate landscape, bank is making retail loans cheaper to bring in cheer among customers, it said

SBI garners $1 bn from overseas to cater domestic ESG financing market

The bank has concluded the issuance of USD 1 billion (USD 750 million and green shoe of USD 250 million) through Syndicated Social Loan, SBI said in a regulatory filing

Telangana will extend support to Amara Raja's Rs 9,500 cr project: CM Reddy

The Amara Raja team met the CM here regarding their landmark Giga Corridor project and ePositive Energy Labs in Telangana, an official release said

HC grants time to Vivo officials to respond to ED plea against release

Justice Swarana Kanta Sharma listed the matter for further hearing on January 11 and said, "They will need to file a reply. I can't deny them"

Bajaj Auto to consider share buyback in board meeting on January 8

Earlier this month, Bajaj Auto reported a 16 per cent rise in total sales at 3,26,806 units in December 2023

Jio Financial's application for mutual fund licence under process: Sebi

Update by regulator puts to rest speculations that Jio is looking to enter MF space through acquisition

Petronet to sign deal to extend Qatar LNG imports beyond 2028: Oil secy

Petronet has a 7.5-million metric ton per year (tpy) long-term LNG import deal with Qatar and its promoters Indian Oil Corp, Bharat Petroleum Corp and GAIL (India) Ltd has a 1 million tpy deal

REC Ltd, RVNL sign Rs 35,000 crore MoU to finance infrastructure projects

REC will be financing diverse projects including logistics hubs, rail, road, port, and metro over the next 5 years

Atos set to hold due diligence talks with Airbus on sale of BDS unit

An Airbus spokesperson confirmed in an e-mailed statement sent to Reuters that it has submitted a non-binding proposal for a potential acquisition of Atos' BDS business line

'Grateful to those who stood by us': Adani on Adani-Hindenburg case verdict

Adani Hindenburg case verdict: The SC has refused to interfere in the investigation by the Securities and Exchange Board of India

Honeywell eyes 30% revenue growth from its Impact brand: Ashish Modi

'We absolutely wanted to do something meaningful in 'Make in India,' Modi said

Glenmark Pharmaceuticals launches antidiabetic drug 'Lirafit' in India

It is priced at around Rs 100 for a standard dose of 1.2mg (per day) and will lower the cost of therapy by approximately 70 per cent, the company claimed

Adani-Hindenburg case verdict: SC grants Sebi 3 months for pending probes

Adani Hindenburg case verdict: SC also said that the Centre and Sebi will look into whether there has been any violation of law by Hindenburg Research on short-selling

BYD pulls ahead as world's biggest producer of battery passenger cars

After a $12 billion selloff during November, BYD is as cheap as it has been going back to the start of 2010, despite 31 out of 32 analysts putting a Buy rating on the stock

SC to pronounce verdict on Adani-Hindenburg case today: The story so far

Adani Hindenburg verdict time: A bench comprising CJI DY Chandrachud and justices JB Pardiwala and Manoj Misra will deliver the judgement at 10:30 am