Page 1119 - Company News

Anil Agarwal's Vedanta appoints Ajay Goel as chief financial officer

Goel's last stint with Vedanta was as acting chief financial officer from October 2021 to April this year

Tata-owned Air India Express to double its pilot count in next one year

Air India Express is in the process of merging low-cost domestic carrier AirAsia India with itself, and last week unveiled its new brand identity

India Inc turns more diverse for positions higher up the ladder: EY India

Women account for 23% of permanent employees; differently abled make up less than 1%

Driving the change: Luxury car buyer is getting younger in India

Around 59 per cent of BMW buyers (in the luxury class) are aged between 31 and 45 years, and 35 per cent of its buyers are existing customers

79% consumers fed up with excessive convenience fee: LocalCircle survey

These charges, levied by ticket or service booking platforms like BookMyShow, PVR, IRCTC, can be as high as 20 per cent of the transaction value in some cases

RGIC takes legal opinion on Hinduja's plan to extinguish ESOPs of RCAP

The legal opinion was necessitated as IIHL in its resolution plan for Reliance Capital has sought to extinguish all employees stock option plans

Stationery player Cello World sets IPO price band at Rs 617-648 per share

The issue will open for public subscription on October 30 and conclude on November 1, and the anchor book of the offer will be opened for a day on October 27, according to the red herring prospectus

From Adani to Torrent, India Inc taps overseas funds for local M&As

Adani, Hinduja, Torrent raise funds for acquisitions

JM Baxi Ports' Rs 2,500 crore IPO hangs fire amid promoter family feud

The ports and logistics major was in the process of filing DRHP last year

Skyroot unveils Vikram-1 rocket, set to launch satellites early next year

Planned to be launched in early 2024, Vikram-I will be Skyroot's second rocket, after the successful launch of the Vikram-S rocket on November 18 last year

Multiple green tech in cars to help meet net zero targets in India: Toyota

Multiple technology solutions at different price points are required to cater to different sets of customers in order to cut carbon footprint, he noted

Growth in personal loans offering likely to remain muted for Paytm

Sources said the personal loans book may grow in the range of 30 to 40 per cent Y-o-Y on its current base

Not perturbed by Air India's use of Russian airspace: Finnair India head

In response, Russia banned their carriers from using its airspace. However, there are no such restrictions on Indian carriers

Amazon rolls out passkey support on browser, iOS devices for better safety

Passkey eliminates the step of entering the Amazon password. This is achieved by using the credentials to unlock the device

Malaysia gives nod to Lynas to process rare earths until March 2026

The Lynas refinery in Malaysia, its first outside China producing minerals that are crucial to high-tech manufacturing, has been operating in central Pahang state since 2012

Ikea ordered to pay Rs 3,000 for asking customer to buy Rs 20 carry bag

Ikea will have to pay Sangeetha Bohra a sum of Rs 20 with interest, Rs 1,000 towards damages and Rs 2,000 towards litigation expenses

Global solar projects set to win more than $380 bn investment this year

"Two-thirds of the investments have gone into large solar plants and not into smaller projects"

Byju's CFO quits, rejoins Anil Agarwal's Vedanta to oversee restructuring

Ajay Goel will be returning to Vedanta, which he had quit in April, in time to help with splitting the metals firm into six listed companies, they said

Lotte planning to invest Rs 550 cr to expand ice cream business in India

The company plans to develop a state-of-the-art manufacturing plant in Maharashtra's Pune district which is expected to become operational by June 2024

JSW steel boss says 'nothing concrete' with Canada's Teck Resources

Acharya said the diplomatic row should not impact business decisions, adding "let us see how those situations evolve"