Page 1054 - Company News

Adani's bond rebound almost erase losses incurred from Hindenburg report

The rebound suggests the conglomerate, once termed "deeply overleveraged" by research firm CreditSights, is finding favor with investors again

TVS Motor launches new variant TVS Apache RTR 160 4V at Rs 1.34 lakh

The new variant of TVS Apache would be available in two different colour options -- lightening blue color and matte black color at a price of Rs 1,34,990 (ex-showroom Tamil Nadu), the statement said

Tata, Nissan among automakers assisting Cyclone Michaung-affected customers

Automakers have set up help line desks, customer support to assist customers impacted by cyclone Michaung in Tamil Nadu and parts of Andhra Pradesh

Penalty stayed on NTPC for non-disclosure of private firm stake acquisition

NTPC had acquired 35.47 per cent of the equity share capital of RGPPL without notification to the CCI, increasing its stake from 25.51 per cent to 60.98 per cent

Bimal Dayal appointed as CEO of Adani Infra, will oversee energy projects

The current management team of AESL led by Anil Sardana, Managing Director, and Kandarp Patel, who has been given charge of all verticals of AESL

TVS Motor donates Rs 3 crore for cyclone relief work in Tamil Nadu

The money will be used to provide necessary flood relief and support for the communities that have been badly affected by the cyclone, the company said in a statement

Alipay Singapore Holding to sell 3.44% stake in Zomato on Wednesday

Alipay's sister concern Antfin Singapore Holding held another 6.39 per cent stake in Zomato at the end of the September 2023 quarter

India needs to increase R&D spending to 3% of GDP: Kris Gopalakrishnan

Private sector must contribute 1.5% to such spending, he says in speech urging educational institutions to teach new technologies

Max Healthcare Institute acquires Starlit Medical Centre for Rs 940 crore

Within its current network, it has 3,533 beds, and following this acquisition, the total bed count would approximately touch around 4,083 beds

Tata Group plans new iPhone factory to hasten Apple's India expansion

Tata wants to construct the factory in Hosur in the southern Tamil Nadu state, according to people with knowledge of the matter.

Apple likely to corner 39% share of Rs 1 lakh-plus smartphone segment

Apple has been able to grab a larger share of Indian premium smartphone market segment, while rival Samsung has seen a relative fall in its share in the same segment

Tata Group planning Rs 40,000 crore semiconductor unit in Assam: CM

CM Sarma said the Tata Group held initial talks with the state government about the semiconductor assembly and packaging plant, and satisfied with the discussions here, they have approached the Centre

CCI conducting market study on AI to assess competition landscape

"We can differentiate what kind of AI that we would like to support and which one is stifling competition," CCI chief said

Supreme Court dismisses Chanda Kochhar's plea for retirement benefits

The bench, however, said 'no interference' is required and dismissed the appeal

ED allegations false: Jet Airways founder seeks bail in bank fraud case

"The entire investigation has been carried out only with the intention to allege and project siphoning (of funds) by the applicant for his personal benefits"

Four entities sold GMR Airports Infra shares worth Rs 4,136 crore

The shares were sold in the price range of Rs 58.20-58.47 apiece, taking the combined transaction value to Rs 4,135.84 crore

NARCL acquires two SREI companies under the insolvency resolution

Paves way for resolution of debt worth Rs 32,700 cr

IBA signs MoU with unions on pay revision; okays 17% hike for 5 years

The parties will endeavour to finalise the bipartite settlement within 180 days from the date of this minutes

IREDA floats retail division for business to customers loans at COP28 event

IREDA Chairman & Managing Director Pradip Kumar Das announced the launch of the retail division while he was speaking during a COP event in Dubai

Adani Group to invest Rs 1,700 crore in cement sector in Uttarakhand

Besides, the Adani group will also invest Rs 1,400 crore to set up a new grinding unit in the state with a capacity of four million tonnes