Page 1153 - Company News

Shriram General to increase non-motor insurance biz this fiscal: Official

Jaipur-based firm accounting to about 92 per cent, company Chief Underwriting Officer Shashi Kant Dahuja said

Jindal Steel denies it agreed to invest in Venezuela's iron ore plant

Jindal Steel & Power "completely and categorically denies signing of any agreement or committing to any investment in Venezuela," according to a statement

Schedule M likely to be revised to bring it closer to WHO standards

The draft rules, still under consideration, include provisions to strengthen quality control and the safety of drugs manufactured in India

Disney Star likely to rake in Rs 2,000 crore from ICC World Cup ads

The share of digital in the ad revenues may hit 50 per cent, say media planners

Indian Oil, RIL tap Iraqi oil wells amid surging cost of Russian Urals

This reflects India's growing reliance on Russian grades while balancing them out with purchases from Iran suppliers

India 'big hub' for blue collar economy, says Fountain CEO Sean Behr

Fountain, a provider of hiring automation software for frontline workforces, considers India as one of the "big hubs" in this space, a top company official said.

Kolkata Port, NTPC to work together to set up green hydrogen, ammonia hub

India aims to develop the capacity and capability to export approximately 5 million tons per annum of green hydrogen and its derivatives by 2030

Indian aviation has scope for 130-150 more wide-body aircraft: GE Aerospace

Currently, a majority of the people flying from India to international destinations travel by connecting flights operated by foreign carriers

DHFL branch audits: NFRA penalises 18 auditors, debars them for 6-12 months

Out of the 18 auditors, 4 have been debarred for 6 months and the remaining 14 auditors have been restrained for 1 year

Tata Steel aims to complete decarbonisation at UK plant in next 3 yrs: CEO

As part of its decarbonisation plan, the company will shift to low-emission electric arc furnace (EAF) process from the blast furnace (BF) route which is nearing the end of life

JLR aims to roll out 8 battery electric vehicles in India by 2030: Official

In an interaction with PTI, JLR Chief Commercial Officer Lennard Hoornik said the automaker will commence taking orders for the Range Rover BEV for the Indian market next year

Edtech firm Byju's targets to reach break-even by March, hive off Epic

The company has undertaken exercise to reduce workforce by about 3,000-3,500 this month by ending duplication in roles across the organisation

300 IBC cases set to be resolved this year: Corporate affairs secretary

Creditors have recovered around Rs 3 trillion through the IBC, and the recoveries stood at more than Rs 51,000 crore last year

General Motors Employees Union calls for chain hunger strike from Oct 2

General Motors is selling its Talegaon plant in Pune to Hyundai Motor, while 1,000 permanent workers of General Motors are not being employed by the new company (Hyundai)

UltraTech Cement's consolidated sales up 15% to 26.69 MT in 2nd quarter

The company produced 23.10 MT cement in July-September period a year ago, the Aditya Birla Group firm said in a sales volume data filed on bourses

L&T's order book robust, mcap at peak, says Chairman Subrahmanyan

Stating that digitalisation is impacting every aspect of business, he said that the there was a need to be ready for the future

Honda Cars India domestic sales up by 13% at 9,861 units in September

Newly launched mid-size SUV Elevate received good response in the market and the deliveries of the model started from last month, Honda Cars India said in a statement

Tata Motors total sales in domestic market rise 2% to 80,633 units in Sept

Electric vehicle sales, including in international markets, were at 6,050 units as compared to 3,864 units in the year-ago month, a growth of 57 per cent

Airtel logs 50 mn unique customers on 5G network; covers all states, UTs

Airtel had earlier targeted rolling out 5G services in all key towns and rural areas by September. Jio aims to reach every district and town with 5G by the end of 2023

Maruti Suzuki posts highest ever monthly sales in Sept at 181,343 units

Sales of compact cars also declined to 68,552 units last month from 72,176 units in September 2022