Page 1233 - Company News

JSW Steel considers 75% interest in Teck's coal business 'Elk Valley'

The potential deal could value the business at $8 billion, said a report, rivaling an earlier bid by Swiss commodities giant Glencore

ONGC to invest Rs 1 trn by 2030 to transform into low-carbon energy player

ONGC is planning to set up two green-field O2C plants in India, the statement said

Bahrain Steel inks pact with KSA Green to supply iron ore to GSA project

Through this partnership, the Bahrain Steel will deliver four million tonnes of DR-grade pellets per annum (mtpa) to Essar Group, a statement said

DGCA approves IndiGo's Delhi-Tashkent direct flight starting Sept 6

A senior DGCA official informed that IndiGo has been given approval to operate between Delhi and Tashkent four days a week

Infosys Foundation announces STEM scholarship for underprivileged girls

Programme commits Rs 100 cr, will support more than 2,000 girl students in first phase

Airtel Payments Bank revenue grows 41% to Rs 400 cr in Q1, profit up 143%

Airtel Payments Bank on Thursday said its revenue witnessed a year-on-year growth of 41 per cent to Rs 400 crore in the first quarter ended June 30, 2023.

NCLAT agrees to hear IDBI Bank's appeal against ZEEL on August 31

In May 2023, the NCLT's Mumbai bench refused to entertain the IDBI's plea, stating that it was barred under Section 10A of the Insolvency and Bankruptcy Code (IBC)

Flipkart launches Spoyl, in-app fashion platform for Gen Z shoppers

Product has more than 40,000 fashion products for a diverse collection, says e-commerce firm

Gogoro, Swiggy join hands for adoption of EVs in last-mile delivery

Swiggy Head of Operations Mihir Shah said, "This partnership with Gogoro is another key step in our commitment to creating greener and cost-effective solutions for our delivery fleet."

Seeing positive trends in travel, investing in tech: MakeMyTrip Group CTO

Moving swiftly to capitalise on the Indian diaspora in the Gulf countries where the brand is quite well-known, MakeMyTrip has also entered the Gulf market, he said.

Footwear maker Bata India in partnership talks with Adidas: Report

The retailer, which houses brands such as Hush Puppies and Scholl, is likely to tie up with Adidas for the Indian market, as per the report

Skoda Auto exports from Chakan plant in Pune cross 600,000 units mark

The company manages India operations of Volkswagen Group brands Skoda, Volkswagen, Audi, Porsche and Lamborghini

DGCA approves IndiGo's flight services to Tashkent from September 6

A senior official on Thursday said the regulator has approved operations of IndiGo to Tashkent with effect from September 6

Inox Wind promoters infuse Rs 500 cr in company for repayment of debt

The funds will be utilized for the repayment of IWL's existing debt, it added

Eye hospital chain Dr. Agarwal's raises $80 million from TPG, Temasek

The top shareholder of publicly listed Dr. Agarwal's Eye Hospitals plans to operate 300 hospitals by the end of 2025. It currently has over 150 hospitals, including in African countries like Nigeria

Adani sells shares in Adani Power to GQG Partners, others for $1 bn

Adani Power's shares closed 2.2 per cent lower to settle at Rs. 279.30 apiece on the BSE

Hospital revenues to grow 8-10% in FY24 on rise in lifestyle disease: ICRA

The rating agency expects the aggregate occupancy for its hospital industry's sample set to remain strong at 60-65 per cent in FY24, building on the prior year's 65.1 per cent

Future Retail resolution professional seeks insolvency deadline extension

The RP of the company has moved an application before the Mumbai bench of NCLT to exclude a period of 29 days from CIRP of Future Retail Ltd, according to a regulatory filing

Uniqlo India sees 15% of its sales come from online channels: CEO

Expands to West India after opening 10 stores in North

Shobha Gangwal sells 3% in InterGlobe Aviation stake, mops up Rs 2,802 cr

Shares of InterGlobe finished at Rs 2,458 on Wednesday, down 3.6 per cent over its previous day's close