Page 1173 - Company News

Coffee Day up 20%, hits upper circuit limit after settlement with creditor

The stock rallied 19.77 per cent to settle at Rs 51.26 apiece on the BSE. During the day, it jumped 20 per cent to Rs 51.36 -- its upper circuit limit

IndiGo to use tech to keep check on pilot fatigue, trial in next few months

It will also conduct a proof-of-concept trial for this system to assess the alertness of pilots over the next few months

Bombay Dyeing to sell 22 acre plot for Rs 5,200 cr to Japan's Sumitomo

The Wadia group owns 700 acres of land in and around Mumbai, housed under various companies and charitable trusts

EY announces launch of AI platform EY.ai, $1.4bn invested over 18 mths

EY's announcement of launching a dedicated AI platform comes as players in the IT services space has also announced billions of dollar investment in creating expertise

Fyn partners with Euler Motors to procure 2,000 fast charging 3-wheeler EVs

The order will fuel the company's plans to expand to new geographies within the domestic market, including Mumbai, Delhi, and Coimbatore

DGCA permits IndiGo to wet lease 11 Airbus A320 neo family aircraft

Last month, a DGCA official revealed that the aviation regulator was conducting an extensive investigation into two separate incidents involving PW engine malfunctions on IndiGo flights

Ather Energy expects to turn unit-level profitable in next 2 quarters

Phokela concluded that with an annual production capacity of 420,000 units, Ather does not foresee the need for additional manufacturing capacity for the next 18 months

Adani Group receives certification for India's largest wind turbine

The type certification acknowledges Adani WTG's conformity with the globally recognized IEC 61400 series standards

Aditya Birla launches Louis Philippe in UAE to expand presence in ME region

Its 2,000-square-feet store EBO offers a wide range of formal and semi-formal apparel and accessories that encapsulate the essence of elegant wear

X Corp, formerly Twitter, deposits 50% of fine amount in High Court

The division bench in its earlier hearing of the appeal on August 10 directed the company to deposit half the amount to allow the appeal and for the X Corp to show its bonafides

Kolkata Port floats EoI for commercial development on riverfront lands

The 20.49-acre site at Moyapur is proposed for development of a luxury resort, as it still holds remnants of the old gunpowder magazine built by the British, official said

WhatsApp introduces Channels for instant celebrity and news updates

Along with India, Channels launched in 150 countries

DMRC, BEL ink deal for indigenous communication-based train control system

The Delhi Metro Rail Corporation and Bharat Electronics Limited (BEL) on Wednesday joined hands to develop an indigenous communication-based train control (i-CBTC) system, officials said.

IndiGo gets regulatory approval to wet-lease 11 A320 aircraft: Report

This comes amid IndiGo grounding nearly 40 planes due to a Pratt & Whitney engine issue, the report said

Wire maker R R Kabel IPO subscribed by 25% on first day of bidding

The Initial Public Offer (IPO) of wires and cables manufacturer R R Kabel Limited was subscribed 25 per cent on the first day of bidding on Wednesday.

ESR Group to invest Rs 360 cr to build 57 acre logistic park in Odisha

ESR Group on Wednesday announced that it has acquired 57 acres of land in Cuttack, Odisha to develop a logistic park with an investment of about Rs 360 crore

GMR Group bags Rs 2,470 cr order to install smart meters in Uttar Pradesh

GMR Smart Electricity Distribution Private Ltd has bagged Rs 2,469.71 crore smart meter installation project in Uttar Pradesh, the company said on Wednesday.

Tesla looking at sourcing components worth $1.9 billion from India: Goyal

The minister said that going forward, demand for electric vehicles will increase and it will help in pushing the growth of the sector

General Datatech to expand India operations, double headcount in 1 year

GDT will be hiring both laterals and freshers from Indian colleges. In terms of skills, it would be focussing on networking-related skills like 5G, SD-WAN, and Wi-Fi 6.

Amazon Web Services signs pact with Isro, IN-SPACe to advance capabilities

Amazon Web Services (AWS) has signed a memorandum of understanding with ISRO and IN-SPACe to support space-tech innovations through cloud computing