Page 1331 - Company News

REC to provide Rs 3,045 cr finance to Bangalore Metro Rail Corporation

With completion of Phase-II (72.09 km), the combined network of Bangalore Metro will be 114.39 km, with 101 stations

NHPC to develop 2,000 MW of pumped storage, renewable projects in Odisha

The MoU was signed on 23rd June 2023, by Executive Director (Strategy Business Development and Consultancy), NHPC, Rajat Gupta and Managing Director, GRIDCO Limited, Trilochan Panda

Samunnati eyes more than 50% growth in revenue at Rs 6,600 cr in FY24

Samunnati has around 5,500 FPOs registered on its platform, 50 per cent of which are borrowers while most avail the market linkage offering of the company, he said

Banks may finance Go First's request for Rs 400 crore interim funding

Go First intends to start operations on July 1 and needs DGCA approval for the restart and sale of tickets

Coal Ministry nod to hike in wage of Coal India non-executive employees

The agreement will benefit around 2.81 lakh employees of CIL & SCCL who were on the rolls of the company as on July 1, 2021

TCS suspends 4 for violating code of conduct after whistleblower complaint

They elaborated that there have not been any financial dealings and broadly involve favouritism shown by certain employees in hiring the services of particular vendors

Prosus, Peak XV Partners, CZI confirm stepping down from Byju's Board

The resignations by the auditor and board members complicate the troubles that the company is facing

TCS say no recruitment fraud; issue relates to breach of Code of Conduct

TCS made these clarification to the exchanges in a filing, as media report said that senior executives involved in hiring thousands of personnel took bribes from staffing firms

Jio Satellite Communications favours auction, Bharti Airtel opposes

Among telecom operators, Vodafone Idea suggested allocating spectrum for space-based communication through auction only

Tata Power installs EV charging stations in West Bengal's Malda

Tata Power on Friday said it has installed public charging stations at a hotel in West Bengal's Malda, taking its total number of such EV mobility infrastructure across the state to over 150.

Goldman Sachs likely to take big writedown on GreenSky acquisition: Report

Shares of Goldman fell 1.4% in morning trading

Mature start-ups need fully functional boards: Auditing major Deloitte

Deloitte has recommended that a mature start-up should forecast CSR spends depending on profitability, and a CSR policy should be made available on the company website

Cooperating with Oz parliamentary panel on contract probe: Infosys

Follows allegations that former MP helped Synergy 360 and its client, Infosys, win government contracts

CBIC slaps Rs 942 crore demand notice on HDFC Life Insurance Company

Insurer faces charge of wrongly availing tax credit under GST rules

Drone manufacturing firm ideaForge raises Rs 255 cr from anchor investors

The company's IPO opens for subscription on Monday. ideaForge is looking to issue new shares worth Rs 240 crore in the IPO, which will also see Rs 327 crore worth of secondary sale

British India Corp employees to get dues from Saturday: Textiles Minister

Disbursement of pending dues of employees at British India Corporation will begin from Saturday, the government said on Friday

TPG Capital exits Landmark Cars; sells 11.25% stake for Rs 293 crore

US-based private equity major TPG Capital on Friday sold its entire 11.25 per cent stake in automobile dealership chain Landmark Cars for Rs 293 crore through an open market transaction.

DRL enters trade generics, aims to be among top five players in market

Exploring strategic collaborations in the country, says pharma firm

Local production to ownership: Strict rules of Shein's India re-entry deal

The agreement will require Reliance's retail arm to fully own the domestic business, people familiar with the matter said

Another bite: Apple in talks with NPCI to launch Apple Pay in India

Apple India spokesperson in a statement said that they do not have comment on Apple Pay nor about interactions with NPCI