Page 1337 - Company News

Akasa Air orders four more B737 Max aircraft from US-based Boeing

In November 2021, Akasa Air had ordered 72 Max aircraft from Boeing.

Reliance Consumer takes its staples brand 'Independence' to North India

In May, RCP announced its entry in the western snacks category with the launch of Alan's Bugles in India marking its foray into the snacks segment

Tata Consultancy Services signs £1.5 billion contract with UK's NEST

Earlier this year, UK's largest workplace pension scheme had ended its $1.8 billion deal with Atos midway

Tata AIA Life Insurance to pay Rs 1,183 cr in dividend to policyholders

The higher payout is due to the company reporting a multi-fold increase in net income at Rs 506 crore in FY23, up from Rs 71 crore in the previous fiscal

IDEMIA selected as GMR Group's technology partner for DigiYatra service

IDEMIA has already equipped over 250 airports across the globe with biometric and facial recognition technologies, including Singapore's Changi Airport

Cash-load at doorstep: Amazon Pay allows customers to deposit Rs 2000 notes

Amazon Pay said it KYC verified customers can hand over cash, including Rs 2,000 notes, to the delivery agent to load the same to their Amazon Pay balance during a cash-on-delivery order

Flights to remain suspended till June 25, says cash-strapped Go First

The crisis hit airlines had earlier announced that its operations would remain cancelled till June 22

Go First continues to struggle, flight cancellations extended till 25 June

Citing "operational reasons," Go First has extended the cancellation period for flights until June 25. The company has applied for an immediate resolution and revival of business

Income tax dept raids five Shree Cement locations in Rajasthan: Report

The Kolkata-headquartered cement firm and IT department did not immediately respond to Reuters' requests for comment

Domestic carrier Akasa Air places order for four Boeing 737 Max jets

Akasa Air CEO Vinay Dube told Reuters earlier this year that it would place a "substantially" large order for new narrowbody jets this year

Sony says it's taking Sebi allegations against Zee promoters 'seriously'

Goenka and Chandra have denied the charges and moved the Securities and Appellate Tribunal (SAT), asking it to stay the order where the matter is pending

Tata Power, Amazon India's most attractive employers in 2023: Randstad

Last year, the list was topped by Microsoft, followed by Mercedes-Benz and Amazon

Unlike Netflix, India's ZEE5 Global not balking at password sharing

For ZEE5, which is looking to win new subscribers abroad, password sharing presents an opportunity

Eyeing expansion, Reliance gets RBI's special approval to raise funds

The money is likely to be used to support the working capital needs of the company besides expansion in energy and telecom businesses

Monitoring regulatory developments against Zee founder, CEO: Sony

Sony Pictures Entertainment on Wednesday said it took the India markets regulator's order banning Zee Entertainment founder and chief executive officer from holding board positions seriously

Vedanta donated Rs 155 cr to political parties via electoral bonds in FY23

Vedanta's donation in FY23 was higher than Rs 123 crore in FY22; between 2018 and 2022, the BJP received Rs 5,270 crore, and the Congress received Rs 964 crore through electoral bonds

SpiceJet settles liabilities dispute on unpaid dues with lessor NAC

The airline, which currently operates five Bombardier Q400 aircraft from NAC in its fleet, said the agreement settles all past liabilities for the Q400s

Paytm leads $6 billion stock rally as Indian startups seek redemption

Shares of Paytm parent One 97 Communications Ltd. have surged 69%, adding more than $2.7 billion in market value, after it improved its profitability ahead of schedule

Record plane orders by Air India, IndiGo raise stakes in aviation boom

With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel

abrdn Investment exits HDFC Asset Management Company; shares soar 11%

The investment firm sold 21.77 million shares at Rs 1,873 apiece to mop up a total of Rs 4,079 crore.