Page 1083 - Company News

Adani, JSW Cement, and ArcelorMittal eyeing Vadraj Cement in IBC Sale

The Bombay High Court ordered the winding up of Vadraj Cement in August 2018, leading to the decision to sell the company under the IBC process

HZL will need approval to create separate business entities: Govt

In a meeting held on September 29, HZL's board had asked the company to explore corporate restructuring and create three separate legal entities for Zinc and lead, silver, and recycling biz

Amid muted earnings, Infosys to hand out 80% variable pay for Q2FY24

The IT sector has faced challenges as the Western markets have struggled with the possibility of a recession. Most clients for Indian IT companies are from the USA and Europe

Legal proceedings against Sahara group to continue: Sebi chairperson

Case is against group or entities and not against one individual, says market regulator after death of Subrata Roy

JSW Infrastructure bags Rs 4,119 crore award for port in Karnataka

JSW Group's ports biz emerged as sole bidder for Keni Port

Tata Technologies sets IPO price band at Rs 475-500 per equity share

The anchor book will open on November 21, the issue will open for public subscription on November 22, and the case will close on November 24

Oyo's loan prepayment: Moody's nearly doubles the EBITDA estimates

Fitch said that the move will improve Oyo's EBITDA and that they may take positive rating action

Flipkart 'TBBD' sales lift Walmart's gross margins in Aug-Oct period

Walmart International's net sales during the third quarter were USD 26.7 billion in constant currency terms, while its gross profit rate was up 151 bps

Alibaba scraps cloud business spin-off citing US chip export ban: Report

Reports Q2 revenue in line with analysts' estimates

Passenger traffic rises 11% in October; IndiGo share sees marginal dip

IndiGo and Tata Group-airlines account for around 89 per cent of the total domestic aviation market in the country

IL&FS Transportation sells entire equity in Jorabat-Shillong Expressway

IL&FS Transportation sold its equity to Sekura Roads for Rs 1,343 crore

ASCI proposes various guidelines to avoid 'greenwashing' by companies

Environmental claims can appear in advertisements, marketing material, branding (including business and trading names), on packaging or in other information provided to consumers, it said

Reliance Jio gains 3.24 million users in Aug, Vi loses nearly 50K: Trai

Jio has consistently posted robust growth in user numbers, having added 2.2 million users in June

Tata Technologies IPO: A brief overview of the Pune-based ER&D firm

Apart from its anchor clients Tata Motors and Jaguar Land Rover, the company served other global biggies such as Airbus, Ford, McLaren, Honda, and Cooper Standard

Changing business models of auto OEMs creating new opportunities: KPIT CFO

KPIT has recently revised its constant currency revenue growth outlook for 2023-24 (FY24) to over 37 per cent, up from the earlier guidance of 27-30 per cent

CCI approves acquisition of additional stake in Niva Bupa Health Insurance

The transaction relates to the secondary purchase of shares by Bupa Singapore Holdings in the Niva Bupa Health Insurance Company from Fettle Tone LLP

SJVN inks pact with Solar Energy Corporation to supply 200 mw wind power

SGEL bagged 200 mw at a tariff of Rs 3.24 per unit on a build-own and operate (BOO) basis in an open competitive tariff bidding process

JSW bags award to develop greenfield port in Karnataka for Rs 4,119 crore

The proposed Keni Port is located strategically between two operational major ports viz Mormugao Port in the north and New Mangalore Port in the south

GlaxoSmithKline board okays VRS scheme as part of biz review

The company has launched a voluntary retirement scheme for commercial function employees in field sales and head office

AstraZeneca Pharma India plans to sell its production plant in Bengaluru

"As a part of AstraZeneca's ongoing strategic review of its global manufacturing and supply network, the company intends to exit the manufacturing site in Bangalore, in due course," it added