Page 1144 - Company News

India's first bamboo based biorefinery to start operations in March

India, the world's third biggest consumer and importer of oil, is aiming to reduce its crude oil consumption by switching to sustainable alternatives such as bio fuels

Adani's $3.5 bn Ambuja loan moves ahead after some banks get approval

The three banks are Barclays Plc, Deutsche Bank AG and Standard Chartered Plc

MG Motor to overhaul its dealership network, close underperforming outlets

For the financial year ending in 2023, MG Motor India had a 1.26% share in India's passenger vehicle segment

We will comply with govt regulations regarding supply restrictions: HP

Apart from this, HP is planning to start the sale of its refurbished devices to expand to smaller towns with affordable products

Deeper, wider and lucrative: Decoding IndiGo's mega global flight plan

India's largest airline wants to be measured against global carriers, but it might want to keep an eye on Air India

Valuation hurdle, competition may cap upside for Dixon Technologies

Company leads India's electronic manufacturing services and has improved revenue by 32% in the last decade

Maruti cranks up capital expenditure with Rs 1.25 trillion 8-year plan

MSIL operates with a total production capacity of 2.25 million units annually, with the Gujarat plant contributing about 750,000 units per annum to this figure

Hinduja Group in talks with private debt funds to raise around $800 million

India has become a hotbead for private credit activity, in part because regulation forbids local banks from extending loans for mergers and acquisitions

Serum Institute of India, Mylab launch TB kit for latent infections

The partnership between SII and Mylab is focusing on creating a comprehensive ecosystem for TB diagnosis, treatment, and prevention through various interventions

Vedanta Ltd arm Hindustan Zinc gets Rs 1.81 crore tax penalty order

The company further said it is hopeful of a favourable outcome at the appellate level and does not expect the order to have any financial impact on the company

Open-source solution from AyanWorks gets Digital Public Good status

The verifiable digital credential system CREDEBL has been included in the registry of digital public goods maintained by DPGA

Tata Steel consolidated output falls 3.2% to 7.26 MT during Jul-Sept qtr

The consolidated deliveries during the period were at 6.89 MT as against 7.06 MT in the year-ago quarter, posting a decline of 2.40 per cent

Insurtech start-up Onsurity raises $24 million in series B funding round

The company said a portion of the latest funding will be allocated to the company's efforts to chart the path towards profitability

Fitch Ratings upgrades ratings on Tata Steel to 'BBB-' with stable outlook

It has also upgraded the rating on USD 1 billion notes issued by Tata Steel subsidiary ABJA Investment, the rating agency said in a statement

Vodafone Idea files plea in Supreme Court seeking correction of AGR dues

When the CJI asked Salve how long the arguments would take, he said it would only take a day

IIFL Fintech Funds marks first exit after selling stake in TrustCheckr

IIFL Fintech Fund was established in August 2021, with a corpus of Rs 210 crore and sponsorship from two group companies - IIFL Finance and IIFL Securities

Godrej Properties opens 'Taj The Trees' hotel at Vikhroli, Mumbai

Spread across 0.35 million square feet, Taj The Trees offers 151 spacious rooms

Krystal Integrated Services files IPO papers with Sebi to mobilise funds

Also, it provides staffing solutions and payroll management to customers, as well as private security and manned guarding services and catering services

SC to hear Google's appeal against CCI penalty of Rs 1,338 crore in Jan

The hearing was initially scheduled for 11 October but was postponed to January due to Constitution bench hearings

CBI files fresh case against former PEC chief in Rs 194 cr cheating case

PEC took the buyer's credit from corresponding foreign banks