Page 1129 - Company News

Adani's new mega port at Vizhinjam can lure world's biggest ships to India

Located near the southernmost tip of the country, the Vizhinjam transshipment container port will allow India to grab a bigger slice of the international maritime trade currently dominated by China

Delta Corp receives additional notices of GST shortfalls of Rs 6,384 crore

Three weeks earlier, Delta corp had received a similar notice from govt to pay tax of $1.34 bn along with interest and penalty for period July 2017 to March 2022

FM Sitharaman urges private sector to come forward and support SDGs

''The 17 SDGs adopted by United Nations member states in 2015 were aimed at addressing a wide range of social, economic, and environmental challenges by 2030,'' she said

PVR Inox launches monthly subscription pass 'Passport' for Rs 699

As per the monthly subscription pass, which will be available from October 16, cinema goers will be able to watch up to 10 movies per month for just Rs 699

IndiGo co-founder Rakesh Gangwal may buy stake in SpiceJet? Shares soar

The airline is currently operating about 1,483 flights per week, which is 17.5 per cent lower than in the same month last year, according to aviation analytics firm Cirium

Adani Group's greenfield copper facility to start operations from March

Group has invested $1.1 bn in greenfield refinery in Mundra

No plans to phase out diesel vehicles: BMW India president Vikram Pawah

The company currently has an order book of about 2,000 cars and 1,000 motorcycles

Sebi refuses to stay securities market ban on Eros International Media

Accordingly, Sebi said the five entities will continue to be restrained from buying, selling, or dealing in the securities directly until further orders

Tata Motors sells 9.9% stake in IPO-bound Tata Tech for Rs 1,613 crore

TPG Rise Climate is the lead investor for this transaction. TTL is a global engineering services company offering product development and digital solutions to global original equipment manufacturers

Problem of plenty for Indian companies as cash pile keeps growing

New investments haven't kept pace with money flowing in from operations

MCA probes accounts of Adani Enterprises' Mumbai, Navi Mumbai airports

India's Ministry of Corporate Affairs had in February initiated another probe into the Adani Group's financial statements

Partners with 10% stake to come under beneficial owners: Sebi tweaks rules

The development comes after the government amended the Prevention of Money Laundering (Maintenance of Records) Rules or PMLA rules in September

Risk monitoring helps Air India prevent revenue loss of over Rs 3 crore

Wilson in his weekly Friday message to Air India employees, also said that the airline has taken delivery of its second wide-body A350 aircraft, which is expected to arrive in January next year

Meja Urja bets on UP's power demand, plans 5.6 Gw thermal capacity

With the growth in renewable energy capacity falling behind the growth of electricity demand, states are going back to coal to build future power capacity

Incred Finance plans to raise Rs 300 crore via non-convertible debentures

The company plans to allocate 75 per cent of the net proceeds for purposes such as onward lending, financing and the repayment of existing borrowings, including interest and principal

Weak demand puts a crack on India's leading listed tile makers' prospects

Brokerages trim volume growth estimates, see impact on margins

Coca-Cola India's brand marketing spends to be highest-ever in H2

After 'challenging summer', Coca-Cola India expects strong demand in H2

Samsung India Electronics profit declines 10% to Rs 3,452 crore in FY23

Samsung India Electronics registered about a 10 per cent decline in consolidated net profit to Rs 3,452.3 crore in 2022-23, according to details shared by market intelligence firm Tofler

Zee-Sony case: NCLAT defers hearing over IDBI, Axis Finance plea to Oct 31

Both have challenged the August 10, 2023, order of the Mumbai bench of the National Company Law Tribunal (NCLT) to approve the merger

Air India to receive remaining 20 leased A320neo aircraft by August 2024

In September 2022, the Tata Group-led airline announced that it is leasing 21 A320neos and 4 A321neos to enhance its flight operations