Page 1171 - Company News

Oil India targets 3.8 mn tonnes of oil production in FY24: CMD Ranjit Rath

Company will drill 60-plus wells in FY24 in Assam and Arunachal Pradesh, up from 45 in FY23

Aluminium sector surging but hampered by labour shortages: Hindalco

India is already the world's second biggest aluminium producer and third biggest consumer, with demand set to double over the next decade, Nilesh Koul, an executive with Hindalco Industries

State-owned LIC presents dividend cheque of Rs 1,831 crore to FM Sitharaman

Despite two decades of opening up of the insurance sector, LIC continues to be the market leader in the Indian life insurance market, the company said

Larsen & Toubro announces tie-up with BAE Systems for all-terrain vehicles

BAE Systems and L&T have upgraded the BvS10 to meet the specific requirements of the Indian Armed Forces. The company said this new variant will be known as the "BvS10-Sindhu"

SAT adjourns hearing on Zee promoter Punit Goenka's appeal to Sept 27

Arguing on behalf of Goenka, senior counsel Abhsihek Manu Singhvi pointed that there had been no loss to Zee and no gain to Goenka in the alleged matter

Schneider Electric Infra board appoints Udai Singh as CEO, MD for 3 yrs

Schneider Electric Infrastructure board on Thursday appointed Udai Singh as its additional director, managing director and chief executive officer for three years

Tata Motors to open exclusive electric vehicle sales network under Tata.ev

Launches facelift Nexon EV and Nexon ICE at competitive pricing

PepsiCo India remains optimistic in foods amid stress in rural sector

Speaking of inflationary pressures, Bhasin said that the company's focus has been on protecting consumer value and efficiencies in the packet

Agilitas acquires sports footwear maker Mochiko Shoes for undisclosed sum

Mochiko is a manufacturing partner for brands that include Adidas, Puma, Reebok

NCLAT dismisses IDBI plea for insolvency against Cyquator Media Services

Section 10A bars absolutely and forever, the filing of any application under Sections 7, 9 and 10 of the Code, for defaults committed on or after March 25, 2020 up to March 25, 2021

Flipkart crosses 1.4 mn sellers ahead of its annual shopping event

Businesses are using e-commerce to digitise and modernise themselves, says company

Adani Enterprises-Kowa partnership for exports to Japanese market

Adani Enterprises said it has formed a joint venture company named Kowa Green Fuel Pte. Ltd, which is a 50:50 joint venture with Kowa Group

Adani's 5.2 MW wind turbine listed in RLMM; can produce for global markets

Adani Wind announced that its 5.2 MW wind turbine generator (WTG) has been enlisted in the Revised List of Models and Manufacturers

Qure.ai, PATH India partner to provide TB, Covid screening in Maharashtra

qXR uses deep learning to analyse chest X-rays and identify potential abnormalities. This can help to improve the accuracy and speed of TB and COVID-19 diagnosis

Goa state warns Abbott India on antacid Digene license suspension

The state authorities have given Abbott seven days to respond to the notice to defend its position

IndusInd Bank launches 'virtual commercial card' for cross-border payments

In partnership with Visa and Juspay, the virtual card has additional layers of security that give users complete control over their international expenses, thus making it safe and hassle-free

Oil India to invest Rs 25,000 crore in clean energy for net zero by 2040

Company plans to lay an 80-kilometer pipeline to bring natural gas from fields in Arunachal Pradesh to Assam to help replace polluting liquid fuels in transport as well as industries, Chairman said

LIC sells 2% shares in Sun Pharma via open market sale, stake now at 3.012%

The transaction was done via open market sale and the stake was sold between July 22 and September 13

Maruti partners with Indian Bank to provide financing solutions to dealers

Indian Bank Executive Director Ashutosh Choudhury said the bank's supply-chain finance will provide easy access to working capital finance to Maruti Suzuki dealers

Tata Motors plans to set up separate sales network for EVs this fiscal year

Tata Motors plans to set up separate sales network for its electric passenger vehicles in current fiscal year as it looks to give differentiated experience to the buyers