Page 1151 - Company News

Govt invites France's TotalEnergies to bid for oil exploration rights

India buys more than 84% of the oil it needs from overseas and is seeking to quickly develop its hydrocarbon reserves to reduce import dependence

Meesho makes platform non-GST inclusive to attract millions of new sellers

This move will potentially unlock 15-20 million sellers in historically under-penetrated states for the company

Maruti Suzuki production decreases 1% to 174,978 vehicles in Sept

Production of mid-sized sedan Ciaz declined to 2,304 units last month. It was 2,654 units in September 2022

VW to offer new features, benefits with Taigun, Virtus this festival season

Volkswagen (VW) will introduce twin electrically adjustable front seats (driver and co-driver) for its midsize SUV Taigun and sedan, Virtus

PayU India CEO Anirban Mukherjee elevated to global CEO position

PayU's GPO business contributes around 30 per cent of its overall revenues

Meesho opens up its platform for sellers without GST registration

With an eye on 15-20 million non-GST registered sellers, SoftBank-backed Meesho has opened up its platform to onboard them for selling products online, the company said on Tuesday

After China, Cote d'lvoire eyes Indian investment in cocoa processing

In lieu of the loan, Transcao will supply 40 per cent of the total production from these two greenfield units to China for the next 15 years, he said

TSMC's $72 bn rout concerns investors of prolonged weakness in chip sector

The 12-month earnings estimate for TSMC has also been revised down by about 8% from a high in October last year, according to Bloomberg data

IL&FS Group announces discharging debt worth Rs 35,650 cr by Sept 23

Company discharged the debt by way of monetisation of assets, auto debits by banks

Tata Asset Management sees value in large-cap stocks over smaller peers

"There are some managements (within these sectors) we are focusing on, which we believe can deliver," he said

All vehicles to come with 6 airbags as standard, says Hyundai Motor India

Potential car customers can refer to these star ratings to compare the safety standards of different vehicles and accordingly make their purchase decision

Sobha Group founder pledges Rs 1,000 cr for Sabarmati development in Guj

A Memorandum of Understanding (MoU) in this regard was signed in the presence of Gujarat Chief Minister Bhupendra Patel, according to a statement on Tuesday

TRSL signs contract for 72 standard gauge cars for the Surat Metro

The total order value of the project is estimated to be around Rs 857 crore

Realty major DLF to invest Rs 1,700 cr for new shopping mall in Gurugram

In an interview with PTI, DLF's Vice Chairman and MD (Rental Business) Sriram Khattar highlighted that the retail sector has bounced back sharply post-COVID pandemic

Vedanta to complete sale of steel assets by March 2024: Anil Agarwal

In an interview, Agarwal said the response to the steel and iron business will help the company reduce debt

Blue Dart Express announces 9.6% hike in shipment prices starting next year

Blue Dart Express Limited, air and integrated transportation and distribution express logistics company, is a part of the DHL Group

HDFC Bank revamps top management, seeks to propel mortgage business

HDFC agreed last April to acquire the country's largest mortgage lender in a deal valued at about $60 billion to ride a boom in home loans and consumer spending

India Inc's financial health moderates in H1FY24, may dip marginally in H2

Chhatwal said there are challenges on higher inflation, surging global fuel prices and the erratic rainfall

PFC sanctions Rs 15,000 cr loans, forays into funding of airport projects

State-owned Power Finance Corporation (PFC) on Tuesday announced that it has sanctioned Rs 15,000 crore loans for various projects and also forayed into funding of airport projects

Marksans Pharma gets USFDA approval for Esomeprazole Magnesium Capsules

The product will be manufactured at Marksans Pharma's formulation manufacturing facility in Goa, India