Page 1305 - Company News

CCI seeking info on AI-Vistara merger is normal, part of process: Wilson

Air India chief Campbell Wilson on Friday welcomed the Competition Commission seeking more information on the airline's proposed merger with Vistara

JP Morgan Chase Bank settles FPI rules case with Sebi; pays Rs 22.10 lakh

JP Morgan Chase Bank N.A on Friday settled with markets regulator Sebi a case pertaining to alleged violations of FPI rules on payment of Rs 22.10 lakh towards the settlement amount

Vistara flight to Kolkata suffers technical snag; returns to Delhi

A Vistara aircraft en route to Kolkata suffered a technical snag and returned to the national capital on Friday evening, according to the airline

375 A321neo, 125 A320neo: Airbus reveals IndiGo's 500-plane order

The A320neo has a range of 6,300 kilometers, whereas the A321neo aircraft type has a range of up to 8,700 kilometers

Some McD outlets temporarily drop tomato from menu, cite supply issues

"We would like to bring to your notice that restaurants mostly in the Punjab-Chandigarh area where we are able to source adequate quantities, continue to serve tomatoes," the company said

Indian Oil to raise Rs 22,000 crore via rights issue of equity shares

IOCL is expected to report operationally strong June quarter results due to a sharp recovery in marketing margins

Reliance Retail to reduce equity share capital, pay Rs 1,362 per share

Shares held by such shareholders will stand cancelled and extinguished

Vedanta to acquire semiconductor, display biz from Twin Star Technologies

The new structure will make Vedanta India's first company in Integrated Semiconductor and Display Fab Business

Mahanadi Coalfields Ltd to provide VR-based safety training to workforce

A budget of Rs 6.5 crore has been earmarked for the skill enhancement of coal miners, the company said.

Indian Oil to raise up to $2.7 billion through rights issue of shares

IOC, the country's top refiner, has not specified which projects the newly raised funds would target

Kaka Industries IPO to open on Jul 10 at Rs 55-58/share; to list on BSE SME

Polymer-based profiles manufacturer Kaka Industries on Friday said that it has fixed a price band of Rs 55-58 a share for its initial public offering, which will open on July 10.

After Mexico, Brazil, India signs MoU on electoral cooperation with Panama

The Election Commission and the Electoral Tribunal (ET) of Panama on Friday signed a memorandum of understanding in Panama City to establish institutional framework

CCI's queries on Vistara merger 'normal': Air India CEO Campbell Wilson

In February, Air India had placed the world's second largest single-tranche order for 470 planes - 250 with Airbus and 220 with Boeing

Reliance Retail to reduce share capital, to pay Rs 1,362 per share

Reliance Retail will be sending a notice to its shareholders for this capital reduction

Samvardhana Motherson to acquire Bengaluru-based Rollon Hydraulics

Our focus on being a solutions provider to our customers has been a driving force for this acquisition, Motherson chairman Vivek Chaand Sehgal said

Jaiprakash Associates defaults on repayment of Rs 4,044 crore loans

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,044 crore, including principal and interest amount

Securities and Appellate Tribunal to pronounce Zee verdict on Monday

After hearing arguments from the senior counsels of Zee promoters and Sebi, SAT had reserved its order in the case on June 27

Robust Jaguar Land Rover sales in June quarter power up Tata Motors

Wholesale, retail volumes up 30% and 29%, respectively

Tata's Jaguar Land Rover Q1 retail sales up 29% at 1,01,994 units

Tata Motors-owned Jaguar Land Rover on Friday reported 29 per cent rise in retail sales in the first quarter ended June 30 at 1,01,994 units, as compared to the same period a year ago

MoD, HAL sign Rs 458 cr contract for two upgraded Dorniers for Coast Guard

The aircraft will be fitted with several advanced equipment including a glass cockpit, maritime patrol radar, electro-optic infrared device, and mission management system