Page 1036 - Company News

ONGC to start commercial oil production from KG block in May 2024: Minister

Delays have occurred due to multiple challenges and issues in actual project implementation such as subsurface geological issues, shifting of well locations and surface facilities/processing platform

L&T Finance announces completing merger of 3 subsidiaries with itself

Merger will create "sustainable value" for stakeholders and help governance, says NBFC

Inox Wind Energy infuses Rs 800 cr in arm, firm to use money to clear debt

"Inox Wind Energy Limited completes infusion of Rs 800 crore into Inox Wind Ltd. The funds received will be utilized to repay IWL's existing debt," IWEL in a regulatory filing on Monday

J Kumar Infraprojects bags construction order worth Rs 379 crore in Mumbai

The project is to be completed within a period of 30 months, BSE filing said

L&T Finance Holdings completes merger of 3 of its subsidiaries with itself

LTFH also announced the appointment of Amresh Kumar as its chief risk officer for two years effective from December 4

PM Modi shouldn't chase Elon Musk for manufacturing Tesla in India

If the Indian government believes this is how to build an EV-manufacturing ecosystem, however, it ought to think again

Manipal Health Enterprises may soon become India's largest hospital chain

Temasek plans to subsume Medica Synergie into Manipal next year

Japan firm TDK Corporation to make iPhone Li-ion battery cells in India

Commercial production to supply cells to Apple is expected to begin in the next 12-18 months

Godrej Properties debt up 17% to Rs 6,174 cr to fund land acquisitions

Net debt of Mumbai-based Godrej Properties stood at Rs 6,174 crore as on September 30, 2023

Pepe Jeans aims Rs 2,000 cr sales in next 3 years, to add over 100 stores

As part of the strategy, Pepe Jeans is now focusing on the expansion of its network of brand stores and fast-growing e-commerce channels

Union labour ministry issues show cause notice to Air India Express

The airline, which was taken over by the Tata Group in January last year, implemented certain policies that were under the conciliation process, as per the sources

Delhi airport to levy higher charges on airlines for grounded aircraft

Jaipuriar, who is in charge of country's largest airport, was responding to a query on whether the operator will look at levying higher charges from airlines for aircraft that are grounded at airport

Beauty-personal care split: HUL sets sights on customer of tomorrow

On Friday, the consumer major also announced that it had named Arun Neelakantan its chief digital officer effective January 1

Johnson Controls Apac president bullish on India's 'sustainable' demand

While the Paris Agreement has accelerated clients' sustainability agenda, Rathninde believes it is much more than that

Elon Musk's cybertruck is already a production nightmare for Tesla

Last month, on the same earnings call where Musk referred to Tesla digging its own grave, he warned that the Cybertruck "has a lot of bells and whistles"

NFRA has retrospective jurisdiction over offences by delinquent CAs: NCLAT

The preliminary ground of the appellants was that NFRA does not have any retrospective jurisdiction since the watchdog was constituted on October 10, 2018

Balrampur Chini aims to maintain growth traction; acquisition on radar

In addition to the organic growth it is achieving, the company is also exploring suitable "acquisition opportunities" in the inorganic space

LIC intends to set up office in GIFT City during this financial year

LIC's presence in the Gujarat International Finance Tec (GIFT) City-International Financial Services Centre (IFSC) will enable the company to expand its global business

Waltair Division breaks Nov loading records, crosses 1,700 loading barrier

The Waltair Division is one of three railway divisions in the East Coast Railway zone. In 2020-21, the division loaded 61.17 million tonnes

IOC raises Panipat refinery expansion cost 10%, pushes deadline by a year

IOC is expanding its 15 million tonnes a year refinery, about 100-km north of New Delhi, to 25 million tonnes