Page 1167 - Company News

Shree Renuka to acquire 100% stake in Anamika Sugar Mills for Rs 235 cr

The company intends to establish a presence in Uttar Pradesh, one of the largest sugar-producing states, and to cater to the markets of north and east India

UP Rera warns buyers, investors against misleading, fraudulent ads

Uttar Pradesh Real Estate Regulatory Authority on Tuesday termed the advertisements of Sarvottam World as "misleading and fraudulent" and warned buyers and investors against its upcoming project

Eicher Motors may see a smooth ride on easing competition concern

Eicher has sharply underperformed the Nifty50 index over the past one year with a return of -1.2 per cent while the benchmark is up 15.6 per cent during this period

CCI clears Carlsberg's acquisition of additional 33.33% stake in CSAPL

The proposed transaction entails Carlsberg Breweries A/S (CBAS) buying an additional 33.33 per cent of equity share capital (on a fully-diluted basis) in Carlsberg South Asia Pte Ltd (CSAPL)

Air India plane with 250 passengers suffers tech glitch at Mumbai airport

A passenger onboard the aircraft told PTI that the flight, which was scheduled to take off at around 4 pm, was delayed, and finally, passengers boarded at around 5:30 pm

Tax demand on online gaming companies likely to top Rs 1.5 trillion

Dream11 and other companies seek legal recourse after DGGI slaps GST notice

Cosmos Coop Bank merges Sahebrao Deshmukh Co-op Bank with itself

Cosmos would have 170 branches in seven states across India

Delhi HC to pass order on Sept 27 on Akasa's plea for action against pilots

Delhi High Court is scheduled to pass an order on September 27, 2023, on a plea moved by Akasa Air against pilots who have resigned without serving the mandatory notice period

Officials in states function like licence raj days: Maruti Suzuki chairman

Manufacturing sector is yet to see enhanced growth rates as officials in the states continue to function in a way they used to during the "licence and control days", Maruti Suzuki India Chairman

IndiGo should be compared with global carriers, not domestic: CEO Elbers

Outlook should be broader and ask why Indian carriers have a small share in international routes, he says

Availability of green hydrogen to reduce dependence on coal: Tata Steel

Narendran made the remark at the National Management Convention session of All India Management Association

CVC mulls controlling stake sale in Indian hospital chain HealthCare Global

The private equity firm is looking to identify buyers for its 60.4% in the Mumbai-listed company, said the people, who asked not to be identified as the information is private

India on the move, want it to be our largest mkt in Asia: NetApp Global CEO

NetApp, which completes 20 years in India, has one of its largest research and development centres in Bengaluru

Edtech firm Byju's to lay off 4,000 employees in major restructuring

The restructuring exercise will be undertaken by Arjun Mohan, who was recently elevated as chief executive officer (CEO) of its India business, replacing Mrinal Mohit, according to the sources

Aim to complete Vistara, Air India merger shortly: Singapore Airlines

Once the proposed merger, which was approved by the Competition Commission of India (CCI) on September 1, is complete, Singapore Airlines will have a 25.1 per cent stake in Air India

Dream11 moves Bombay High Court challenging GST show cause notices

The petition filed on September 22 follows Show Cause Notices (SCN) slapped on the e-gaming platform by Goods and Services Tax (GST) authorities

Broking industry's race to the top: Groww poised to pip Zerodha, but...

Groww set to become number one in active investors, but Zerodha remains most profitable

RBI clears K N Madhusoodanan as part-time chairman of Dhanlaxmi Bank

Madhusoodanan has been an independent director with the bank since 2022

Delhivery partners with Nexus Ventures, AWS for accelerator programme

Delhivery has partnered with private equity firm Nexus Ventures and Amazon Web Services to launch an accelerator programme for budding entrepreneurs in the logistics space, a statement said on Tuesday

Tech giants Apple, Samsung likely to benefit from MeitY's new import regime

Meanwhile, companies like HP and Acer, which do not sell mobile phones in India, are likely to miss out