Page 1369 - Company News

CIL hikes non-coking coal prices by 8%; expects Rs 2,703 crore revenue

Thermal coal is a non-coking coal used by power plants to generate electricity. A rise in its prices impacts the power generation cost

Sun Pharma receives China NMPA's nod for treatment of plaque psoriasis

Ilumetri is indicated for the treatment of adults with moderate-to-severe plaque psoriasis who are candidates for systemic therapy or phototherapy

Tata Steel Mining partners with METRON to reduce carbon footprint

A company release said that it will help digitalise energy to decarbonise territories, optimise energy consumption, reduce costs, and improve overall operational efficiency

Battery startup Log9 Materials signs MoU with EV maker Quantum Energy

The Indian arm of Suzuki Motor Corporation of Japan, logged a 23.3 per cent year-on-year growth in two-wheeler sales at 88,731 units April 2023

Chinese hospitality major H World Group sells stake in OYO for Rs 75 cr

The transactions, which were done in multiple tranches primarily over the course of 2022, have earned H World Group over Rs 75 crore, they said

NMDC cuts iron ore lump rate by Rs 300 per tonne to Rs Rs 3,900 per tonne

State-owned NMDC on Tuesday said it has slashed iron ore lump and its fines rates by Rs 300 and Rs 450 per tonne, respectively.

Biryanis, condoms, Jalebi-Fafda & soup bowls: What we Swiggy'd in IPL 2023

Biryani remains the most-ordered dish on delivery platform Swiggy, during the cricketing extravaganza, which came to a close in the wee hours of Tuesday

Godrej Group arm to invest Rs 100 cr to acquire material handling equipment

Godrej & Boyce on Tuesday said it will be investing Rs 100 crore over the next three years to acquire material handling equipment.

Lakme Lever revenue rises 19.8% in FY23, HUL's exports at Rs 1,268 cr

Lakme Lever has over 450 owned/managed and franchisee salons. In the last year's annual report, the number of saloons was 400

Operating environment to remain volatile amid global slowdown: HUL

HUL's outgoing Chief Executive Officer and Managing Director Sanjiv Mehta said the company delivered an impressive performance in 2022-23

Troubled airline Go First extends cancellation of flights until June 4

Go First had blamed the non-delivery of engines by the US engine manufacturer Pratt & Whitney for its failure to operate

Tata Realty with Tabreed to install cooling infra at commercial complex

Tabreed will invest up to Rs 100 crore in its first project to provide cooling services for a 30-year concession period, a company statement said

Yes Bank plans to increase advertisement spend by 30% in FY24: Official

The bank's retail franchise has achieved a critical scale and it is at an inflection point now, its executive director Rajan Pental said, adding that the profitability will go higher from here

Meesho's valuation slashed 10% to $4.4 billion by Fidelity Investments

Fidelity holds stakes in the e-commerce firm through multiple funds

Tata Technologies plans to hire 1,000 women engineers to promote diversity

Global engineering and digital services firm Tata Technologies Ltd said it aims to hire over 1,000 women engineers as part of its move to promote gender diversity across its workforce

Inox Wind gets 150 MW wind energy project from NTPC Renewable Energy Ltd

Inox Wind has bagged the order for a 150 MW wind power project from NTPC Renewable Energy Limited. The project will be executed in the state of Gujarat, it added

Go First lessors' request to repossess planes on hold, not rejected: DGCA

DGCA says can proceed to de-register Go First aircraft after moratorium lifted

Shift to new norms may hamper growth, margins for Cummins India in FY24

Supply chain challenges and export demand are other concerns for the maker of engines and power equipment

Sun Pharma, Philogen join hands to commercialise skin cancer drug in Europe

Sun Pharmaceutical Industries on Tuesday said it has entered into a licensing pact with Philogen SpA to commercialise under-development skin cancer drug in Europe, Australia and New Zealand

Japanese medical devices major Omron to set up mfg unit in Tamil Nadu

Stalin's visit to Japan brings in investments worth Rs 1,300 crore