Page 1170 - Company News

Can't interfere in dispute between Akasa Air and its pilots: DGCA

The DGCA "does not have any power or delegated authority to interfere in any employment contract," it said

Tata Motors inaugurates registered vehicle scrapping facility in Surat

India's leading automobile manufacturer Tata Motors on Saturday inaugurated its third registered vehicle scrapping facility (RVSF) in Surat with a capacity to recycle 15,000 vehicles per year

PhonePe announces Indus Appstore for Android developers to take on Google

The Appstore will also have a 'Launch Pad' for new developers to onboard their apps and provide them with better visibility and search optimisation

Kamats Restaurants partners with IDFC First Bank for FASTag integration

Kamats Restaurants on Saturday said it has collaborated with IDFC First Bank for easy registration and recharge of FASTag at its outlets along the highways in Maharashtra and Gujarat

Updater Services raises Rs 288 cr from anchor investors ahead of IPO

The initial share sale, with a price band of Rs 280-300 per share, will be open for public subscription during September 25-27

Inspire Films to launch IPO during Sept 25-27, plans to raise Rs 21.20 cr

"Following the IPO, the company's shares will be listed on the NSE Emerge platform on October 9, 2023," it added

Tata Projects to construct Micron's advanced semiconductor plant in Sanand

Tata Projects aims to use modern construction methods and techniques involving integrated EPC delivery through 4D BIM and hybrid modular accelerated construction

Global capability centres go beyond Tier-I cities, chasing cost and talent

30-40% more demand for workforce in Tier-II cities; some firms identifying Tier-I talent to lead smaller locations

Ambuja Cements incorporates three new subsidiaries to boost business

The three subsidiaries are-Lotis IFSC Private Limited, Ambuja Concrete North Private Limited and Ambuja Concrete West Private Limited

JSW, Tata, Adani make a beeline to meet industrial green energy needs

The C&I sector accounts for approximately 40-45 per cent of total energy demand in India

India's Lava looks to corner a third of feature phone market share

Since it was set up in 2009, Lava has become popular for the budget phones, which have a keypad but no high-end features

FAME-II subsidy violation: Hero Electric opposes Rs 130 cr refund demand

In a meeting with officials of the DHI, the company has said the period for which the government is demanding a refund of subsidies of Rs 130 crore does not apply to it

Glenmark Pharma's life sciences arm deal may hit FY25 revenue estimates

But it will have additional cash to recalibrate its innovative pipeline

Delta Corp gets tax notice for $1.34 bn along with interest, penalty

The tax notice comes at a time when the company, valued at over $566 million, is already facing heat over the recent move in July by the country's GST Council to impose a 28% indirect tax

SC tells Spicejet to pay Credit Suisse $1 mn per month for six months

SpiceJet said that the apex court can send the airline's chairman and managing director, Ajay Singh, to exile if the undertaking is not honoured

Not against DGCA or MoCA, want clarity on pilots' notice period: Akasa Air

The airline has faced heat following the abrupt exit of its 43 pilots who did not serve their mandatory notice periods

Green deposits, corrosion on leased planes, Go First lessor tells Delhi HC

The lessor's counsel told the court that if the RP of the airline says that it should fly, then they should demonstrate that

InGovern seeks deferment of two resolutions floated by Finolex Cables

Says corrigendum notice not issued 21 days prior to AGM

CCMB moves 83 terabytes of genomics data to AWS cloud to boost research

CCMB has already reduced the time taken for research analysis from 550 days to just nine days, or by up to 98 per cent on average, with cloud computing services, AWS said

PGHH is cautiously optimistic on India's FMCG sector in the near-term

At its first-ever investor day, which the company held for both its entities - PGHH and Gillette India, the firm noted that commodity prices continue to remain high