Page 1123 - Company News

Alaska Air cuts full-year profit view as rising labour costs cast shadow

Excluding items, Alaska Air reported quarterly profit of $1.83 per share, missing analysts' average estimate of $1.87, according to LSEG data

Sun Pharma recalls 144 bottles of anti-depression drug from US market

The US-based drug maker initiated the voluntary Class III nationwide (US) recall on October 4 this year

REC along with BOI to cofinance projects worth Rs 30,000 cr in next 5 yrs

Under the agreement, REC and BoI will partner to co-finance loans amounting to Rs 30,000 crore for infra projects implementable over the next five years

HP to sell refurbished PCs to retail customers, small businesses in India

Customers will get devices for subscriptions lasting 6, 12 or 24 months, says company

IGX hopes to launch contracts for LNG trading next month: CEO Mediratta

India is building a vast gas pipeline network and import facilities as Prime Minister Narendra Modi wants to raise the share of gas in the country's energy mix to 15% by 2030

Welspun bags contract to supply 61,000 MT of LSAW pipes, bends in Mideast

Welspun Corp Ltd (WCL) is one of the largest manufacturers of large-diameter pipes globally

Ultratech Cement Ltd Q2FY24 result: Net profit jumps 68% YoY to Rs 1,280 cr

The revenue from operations for Q2FY24 came in at Rs 16,012.13 crore, compared to Rs 13,892.69 crore year-on-year

Coromandel commissions Rs 400 cr sulphuric acid unit in Visakhapatnam

Fertiliser firm says it will also set up desalination plant to meet its requirements

DAEWOO plans India comeback in new avatar, to launch electric bikes, cycles

The company is entering the market for the second time as it is confident of India's robust economic growth and surging consumer demand

Airtel gains 4.8 mn unique 5G customers in 3 states within 1 year of launch

Airtel 5G Plus has expanded its network within all districts of Madhya Pradesh, Chhattisgarh, and Rajasthan

Adani Energy Solutions commissions 765 KV Warora-Kurnool Transmission line

Warora-Kurnool Transmission is the largest 765 kV D/C (hexa conductor) TBCB (tariff-based competitive bidding) project ever awarded under a single scheme

Nokia to cut 14,000 jobs to lower costs amid weak demand in US, Europe

Nokia also posted weaker-than-expected earnings on Thursday in a separate statement

Wipro plans to join rivals in cutting new hiring as tech spending cools

Instead of the usual big recruiting push, Wipro said it would first take on people to whom it had already made offers but hadn't yet brought onboard

SJVN ropes in carbon credits developer EKI Energy for issuance of I-REC

SJVN expects the total annual revenue per annum Rs 10 crore from I-RECs

Infosys to train 20,000 employees on Google Cloud's GenAI, aims expertise

The company is enhancing a wide range of its existing platforms and solutions with Infosys Topaz and Google Cloud GenAI features

A-I to take delivery of 1 aircraft every 6 days on avg till 2024-end: CEO

Air India Group, which has embarked on ambitious expansion plans, is expected to take delivery of a new aircraft every six days on average till the end of 2024, according to a top official.

BOB suspends senior officials for manipulations involving 'bob world' app

Most of these employees who are facing actions have been part of the branch network in the North and Western region of the country

Wipro posts flat Q2 profit, cuts Q3 revenue growth guidance on weak demand

The operating margin expanded 100 basis points to 16.1 per cent in the second quarter from 15.1 per cent in the year-ago period

J&J weighs third bankruptcy try to settle baby powder cancer case

Attorneys for some plaintiffs opposed the idea of a return to bankruptcy court

Meghalaya Cabinet approves proposal to pay Rs 565 cr power dues of NTPC

The Meghalaya power minister said that earlier the state government had availed the Atmanirbhar loan and cleared 50 per cent of the accumulated power dues of Rs 488 crore to NTPC