Page 1273 - Company News

SpiceJet chief Ajay Singh asked to be present during hearing at Delhi HC

The court also issued notice to SpiceJet and Singh to file an affidavit disclosing their assets before the next hearing

TVS SCS secures deal worth Rs 2,000 crore from UK-based Centrica PLC

The company did not divulge the size of the deal

Exploring settlement with logistics company Delhivery: Go First tells NCLT

The matter will now be heard in the third week of August

Edtech major Byju's, lenders agree to amend terms for $1.2 billion loan

Houlihan Lokey serves as financial advisor to the term loan lender group and Kirkland & Ellis LLP, Cahill Gordon & Reindel LLP, and Shearman & Sterling LLP are serving as legal advisors

LIC Housing Finance plans to raise Rs 1,250 crore through bond sale

The debt market experienced a notable decline in issuances during July as issuers chose to take a back seat in response to the escalating cost of borrowing

TCS helps AIB Life launch operations in Ireland with tech platform

TCS lent its technical expertise to create "a modern, cloud-based technology stack ground up", with its flagship insurance platform TCS BaNCS at the core, the firm said

Confident of meeting debt maturities in FY24: Vedanta CFO Shrivastava

The company is committed to reducing debt as its "high-quality" assets continue to generate a healthy cash flow, Sonal Shrivastava said in a statement. "We are prudent in raising capital"

Cognizant seals $800 million deal with California-based Gilead Sciences

Agreement includes renewal and expansion of various IT services over next five years

Tata Technologies signs agreement with Chhattisgarh worth Rs 1,188 crore

The project aims to train over 10,000 youth annually in advanced skills, fostering better employment opportunities and will also provide employment opportunities to the skilled youth

Maruti Suzuki to recall 87,599 vehicles to fix manufacturing defect

The vehicles include Maruti's small hatchback S-Presso and affordable MPV Eeco

Demerger of hotel biz will boost capital efficiency ratios of ITC: Analysts

"The demerger process will take around nine to 12 months and every shareholder of ITC holding 100 shares will get 60 scrips of the new entity," Nemkumar said

SII manufactured BCG vaccine gets export nod to treat bladder cancer

BCG as immunotherapy is a live freeze-dried preparation derived from attenuated strain of Mycobacterium bovis (Bacillus Calmette Guerin)

Apple aims to keep iPhone shipments steady despite 2023 turmoil

Apple's production schedule is closely scrutinized because of the company's broad impact

Mahindra Logistics swings to loss on higher costs, weak demand in Q1

Consolidated revenue from operations rose about 8% to 12.93 billion rupees, lifted by more than 6% growth in its mainstay supply chain management business

Centre orders probe into Eros International Media's accounts: Report

In an interim order in June, SEBI said it had found prima facie evidence that Eros International's accounts were "overstated and do not present a true and fair picture of its financial health"

Domino's Pizza misses revenue estimates as higher prices dent demand

Total revenue fell 3.8% to $1.02 billion in the three months ended June 18, compared with analysts' estimate of $1.07 billion, according to Refinitiv IBES data

CRISIL upgrades credit rating of Fortis Healthcare in biz risk profile

The short- term rating has also been reaffirmed at 'Crisil A1+'. This rating is considered to have a high degree of safety regarding timely payment of financial obligations

Mahindra Group to aid US cos to expand manufacturing footprint in India

With this bold move, the group will empower American businesses to unlock the immense potential of manufacturing in India, MD & CEO said

AST SpaceMobile opens research centre in Hyderabad's Sattva Knowledge City

The facility will focus on next-generation hardware, software, space-related technologies and operations

Subsidiary of Sify Technologies to expand data centres biz with KDCF fund

The capital expenditure was at Rs 1,436 million while the profit after tax dipped to Rs 95 million for the quarter ending June 30, 2023