Page 1380 - Company News
Go First insolvency: NCLAT rules in favour of airline, upholds NCLT order
Some lessors are likely to approach NCLT for relief, said a lawyer privy to the matter
 "Go First insolvency: NCLAT rules in favour of airline, upholds NCLT order")
Aditya Birla Fashion & Retail reports net loss of Rs 187 crore in Q4
The company's consolidated revenue from operation rose by 26.14 per cent to Rs 2,880 crore for the March quarter as compared to Rs 2,283 crore in the year-ago period
 "Aditya Birla Fashion & Retail reports net loss of Rs 187 crore in Q4")
SC seeks response of firm Delhi marketing on plea by Zydus against HC order
SC sought response of a firm to a plea filed by consumer goods company Zydus Wellness challenging an order of Delhi HC which held that it cannot use the brand name "SugarLite" for its products
 "SC seeks response of firm Delhi marketing on plea by Zydus against HC order")
Meta fined 1.2 bn euros for breaching European Union's privacy laws
The tech giant has also been ordered to stop transferring data collected from Facebook users in Europe to the United States of America
 "Meta fined 1.2 bn euros for breaching European Union's privacy laws")
Jet Airways case: NCLAT to pass order on JKC's plea against SBI on May 30
Appearing for SBI, senior advocate Gopal Jain said the consortium was to pay the money by May 15 but the bank has not received any money
 "Jet Airways case: NCLAT to pass order on JKC's plea against SBI on May 30")
Pratilipi partners with HarperCollins, to bring 200 e-books on platform
According to HarperCollins, the collaboration with Pratilpi will bring a whole lot of new audience to the selected 200 titles
 "Pratilipi partners with HarperCollins, to bring 200 e-books on platform")
NCLAT upholds NCLT order admitting Go First's plea for voluntary insolvency
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency resolution proceedings
 "NCLAT upholds NCLT order admitting Go First's plea for voluntary insolvency")
Amazon Fresh enters over 60 Indian cities with expanded list of groceries
The e-commerce firm would offer free shipping, or free delivery on all orders above Rs 249
 "Amazon Fresh enters over 60 Indian cities with expanded list of groceries")
Jet Airways revival: NCLAT to rule on consortium plea against SBI on May 30
Lender says Jalan-Kalrock has not paid dues that had a deadline of May 15
 "Jet Airways revival: NCLAT to rule on consortium plea against SBI on May 30")
L&T bags orders worth over Rs 2,500 crore in Indian, offshore markets
Larsen & Toubro (L&T) said it has bagged large orders worth over Rs 2,500 crore in the domestic and offshore markets
 "L&T bags orders worth over Rs 2,500 crore in Indian, offshore markets")
Women returning to work after break find most demand in telecom, HR sectors
The data by foundit showed that the role of software developer saw the highest demand (33%) for women returnees
 "Women returning to work after break find most demand in telecom, HR sectors")
Ex-SoftBank Manoj Kohli joins WeWork India as independent board director
Flexible workspace provider WeWork India announced appointment of Manoj Kohli, former Country Head of Softbank India, Softbank Group International, as an independent Director to its Board
 "Ex-SoftBank Manoj Kohli joins WeWork India as independent board director")
ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield
ONGC Videsh has got partner in Oil India to replace a reluctant IOC for potential acquisition of a 50% stake in Tullow Oil Plc's USD 3.4 billion oilfield project in Kenya
 "ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield")
TCS-led consortium secures BSNL 4G deployment order worth Rs 15,000 crore
Around 75% of the deal will go to TCS, say sources; consortium is expected to develop 4G core and RAN technology for BSNL's telecom services
 "TCS-led consortium secures BSNL 4G deployment order worth Rs 15,000 crore")
JioCinema, Voot merger in final stages; may be announced by May-end: Report
The companies are waiting for the ongoing season of the Indian Premier League (IPL) to conclude before finalising the merger
 "JioCinema, Voot merger in final stages; may be announced by May-end: Report")
TCS-led consortium wins Rs 15,000 crore BSNL 4G network rollout deal
Tejas Networks, a subsidiary of Tata Group, is a part of the consortium and will supply and service the radio access network equipment
 "TCS-led consortium wins Rs 15,000 crore BSNL 4G network rollout deal")
TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment
Tejas Networks Ltd, too, is a part of the TCS-led consortium which has bagged APO for 4G deployment
 "TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment")
Instagram up after a brief outage, company says 'technical issue'
Meta-owned Instagram came back to life after being down for over an hour early on Monday as users witnessed errors saying the app couldnt refresh, and the website went blank for some users
 "Instagram up after a brief outage, company says 'technical issue'")
Tiger Global to invest in Rajasthan Royals at a likely valuation of $650 mn
The investment firm is likely to invest $40 million in the franchise at a valuation of $650 million
 "Tiger Global to invest in Rajasthan Royals at a likely valuation of $650 mn")
IIFCL aims at loan sanctions Rs 35,000 cr and profit of Rs 2,000 cr in FY24
State-owned IIFCL looks to nearly double its loan sanctions and disbursement during the current financial year to fund infra projects in the country
 "IIFCL aims at loan sanctions Rs 35,000 cr and profit of Rs 2,000 cr in FY24")