Page 1174 - Company News

Allcargo's Gati expects 18-20% increase in festive season demand this year

As a part of its continued efforts to build delivery capacity, Gati said it has set up Express Distribution Centres across the country that are equipped with advanced technologies and warehousing

Citibank India launches WFH option for 12 months post maternity leave

This potentially provides a cumulative period of 21 months of working from home for expecting and new mothers

Reliance Retail in talks to raise $1.5 billion from existing investors

The talks are a part of the company's internal target to raise $3.5 billion by the end of September this year

Coffee Day Global settles with creditor; NCLAT sets aside insolvency order

On July 20, the Bengaluru bench of NCLT had directed the initiation of insolvency proceedings against CDGL

Aeroflex Industries in talks to enter aerospace sector, says top official

Following the recent success of its lunar mission, India launched its first solar mission, the latest step in its efforts to increase its share of the global satellite launch market by fivefold

HPL, Wirepas Oy to speed up rollout of smart metering projects in India

The Indian smart metering market, with a staggering 250 million metering points, is on the cusp of exponential growth

Adani-Hindenburg row: Former contractor witness to how money was shifted

Ajay Kumar Agarwal has sought permission from the Supreme Court to intervene in the investigations by the Sebi against the Adani Group

IndiGo to lease 22 aircraft to overcome impact of P&W engine snags: Report

IndiGo has the largest fleet with 135 planes running on the P&W engines which will be impacted due to safety inspection

Byju's hid $533 mn in hedge fund once run from Miami IHOP, allege lenders

"Byju's has gone to great lengths to conceal the whereabouts of borrower's $533 million for the admitted purpose of hindering and delaying" creditors, they argued in Miami-Dade County court filings

Volume, margin movement to be key drivers for Concor stock going ahead

Despite the weak Q1 show, the company is confident of meeting its EXIM growth target of 10-12% in FY24 given signs of recovery, and expects to maintain margins at the FY23 level (22.7%)

Ahead of IPO, RR Kabel collects over Rs 585 cr from anchor investors

TPG-backed wires and cables manufacturer RR Kabel Ltd on Tuesday said it has mobilised Rs 585.62 crore from anchor investors ahead of its initial share sale

India Inc faces costlier borrowing as corporate-govt yield gap widens

The yield spread between the AAA-rated 5-year corporate bond and the 5-year government bond narrowed by 7 basis points in August

UAE's Etihad Airways names actress Katrina Kaif as brand ambassador

This is the second time in more than a decade the Gulf-based airline has collaborated with the Bollywood star

Google's search dominance challenged in biggest antitrust trial in decades

Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial

Private equity platform Xponentia raises Rs 1,000 crore in new fund

Private equity platform Xponentia on Tuesday said it has raised Rs 1,000 crore in its second fund, almost entirely from domestic investors

Apple kicks off iPhone 15 event with new cables, better cameras expected

The event at Apple's Cupertino, California, headquarters comes amid a global smartphone slump and lingering economic uncertainty, especially in China, Apple's third-largest market

BoB's festival offer: Home loans at 8.4%, 80-bps discount on personal loans

BoB expects to grow retail loan book by 25% on-year

Toyota Kirloskar Motor expects record sales in bet on 'looks', high output

The company posted a net profit of Rs 1,404 crore in FY23, about 2.7 times more than its net profit in FY22

Riding on fresh demand, Hyundai Motor sees around 9% growth in FY24

Between January to December 2022, HMIL had sold 552,511 units, a 9 percent YoY growth

Rana Kapoor gets relief from SAT; Bain Capital sells 2.82% in L&T Finance

Bain Capital sells 2.82% in L&T Finance