Page 1310 - Company News

Delhi HC allows Go First lessors to access aircraft, do maintenance

Lessors have made several attempts to reclaim planes for missed payments

ICICI Bank says loans to Videocon did not cause any 'wrongful loss'

There was no issue of wrongful loss and violation or contravention of rules and policy, the bank said

Looking to double turnover to Rs 1.68 trn by 2030-31: Maruti Suzuki CEO

While he did not elaborate on the investments required for doubling the turnover, he said part of it would also come from Suzuki's planned investment of around Rs 2.8 lakh crore by FY30-31

Flipkart offers upto Rs 5 lakh in lending to customers with Axis tie-up

Flipkart's introduction of customer lending services is aimed at boosting sales by providing an additional financing option to customers

Ukraine invasion: FMCG major Unilever to continue operations in Russia

Unilever has defended its decision to maintain operations in Russia citing the challenges of exiting the market and the potential consequences for its employees as reasons for its continued presence

Commerce ministry to promote trade, investment; priortise 12 countries

The commerce and industry ministry has worked out a detailed plan to promote trade and investment and identified 12 countries including the US and UK for priority action, an official said

DGCA to collaborate with European regulator on unmanned aircraft systems

The Directorate General of Civil Aviation (DGCA) has entered into a pact with European regulator EASA for cooperation in the areas of unmanned aircraft systems and innovative air mobility

CFA Institute's inclusion push to take account of caste, gender neutrality

The focus has recently been on new-age technology companies, where disclosure quality, audit quality, and shareholder rights are areas that have attracted regulatory attention, says Arati Porwal

Companies move Madras HC seeking relief against Google's payment policy

The companies join the likes of Bharat Matrimony and Shaadi.com, which have already approached the high court challenging Google's billing policies

Maruti Suzuki launches multi purpose vehicle Invicto, starts at Rs 24 lakh

The company has launched Invicto in three variants and expects the model to further strengthen its presence in the overall MPV segment where it commands around 50 per cent market share already

Paytm Q1: Value of loans disbursed increases 167%, GMV rises 37% YoY

Focus is on payment volumes that generate profitability, says fintech company

Macrotech Developers Q1 bookings up 17% at Rs 3,350 cr; adds 5 new projects

Macrotech Developers, which sells properties under the Lodha brand, had sold properties worth Rs 2,860 crore in the year-ago period

Godrej Consumer estimates double-digit Q1 sales growth on strong demand

Godrej Consumer said its India home care business unit, which houses the Goodknight and HIT brands, recorded double-digit volume growth in the three months ended June 30

Companies not too keen to implement Haryana's liquor at workplace policy

Executives said that while the policy is progressive and intended to create a new precedent, it is only slowly gaining traction

Five additional brands crossed Rs 100 cr in sales in FY23, says Dabur India

With reduced prices for most of its commodities, Dabur India expects to see expansion in gross margins in the current fiscal; the FMGC major has made an entry into the spices category

HDFC evaluates promoter Jain's offer for 2 Radisson Blu hotels in Ghaziabad

The total outstanding loan for the hotel properties amounts to Rs 507 crore and the loan has been categorised as a special mention account (SMA) 2, as of June

Tata Comm: Upsides in stock limited given execution challenges, valuations

Sharp rally and integration/execution challenges may cap upsides for the stock

Paytm GMV rises 37% to Rs 4.05 trn in Q1FY24, value of loan disbursed grows

The company's gross merchandise value (GMV), which reflects total payments made to merchants on the platform, was Rs 2.96 trillion in the same period a year ago

Air India, Vistara merger under lens as CCI looks for impact on competition

People in the know said that while CCI's scrutiny is unlikely to have any material impact on the business of the airlines, it could affect the timeline of the merger

ONGC Videsh reconsiders its plan to buy stake in Kenya oil project

The Indian oil company needs more clarity after TotalEnergies SE and Africa Oil Corp. quit the Kenya consortium several weeks ago, an ONGC executive, who asked not to be named