Page 1390 - Company News

Wipro is largest unsecured creditor of crisis-hit Vice Media, says report

The media group owes Wipro $9.9 million after the latter won an arbitration award

Maintaining high loan growth difficult, but book will grow robustly: ABCL

Maintaining high loan growth seen in FY23 will be difficult for Aditya Birla Finance, but company is confident of growing book robustly given opportunities it sees in the market, top official said

Reliance Chemotax board to meet on May 26, decide on dividend for FY23

The directors will also consider and deliberate on the audited financial results of the company for the March quarter of the previous financial year

Out of 0.2 mn developers around 60 pay service fee above 15%: Google

Google defended its position on Play Store fee for developers and its stance on user choice billing policy, saying that service fees are actually lowest among major app stores

Saint-Gobain signs PPA with Vibrant Energy for 189 GW of green power

Construction and industrial products major Saint-Gobain has signed a power purchase agreement (PPA) in India with Vibrant Energy to provide wind-solar electricity to six local sites

NCLT to hear Spicejet insolvency plea on May 25 as talks with lessor fail

Tribunal gives SpiceJet a week to respond to Dublin-based Aircastle, which sought initiation of insolvency proceedings against the airline under IBC over unpaid dues of Rs 49 crore

Jubilant FoodWorks net profit for Q4 falls by 70% to Rs 28.54 crore

Jubilant FoodWorks Ltd on Wednesday reported a 70 per cent decline in consolidated net profit at Rs 28.54 crore in the March quarter, impacted by higher expenses and raw materials cost

Jet Airways looks into abyss as JKC fails to renew its flying permit

Air operator's permit (AOP) is a prerequisite for any airline to commence commercial operations

IKEA, HDFC to launch financing options to make products more affordable

The scheme offers consumers EMI options with a mix of no-cost and low-cost solutions ranging from three to 30 months

Adani-Hindenburg case: SC grants Sebi time till August 14 to submit report

While granting the extension, CJI DY Chandrachud said that the proceedings shall be listed after the summer recess

Hyundai ties up with Shell to install 60 kW fast chargers at 36 dealerships

Hyundai Motor India on Wednesday said it has tied up with Shell India to install 60 kW fast chargers across 36 of its dealerships in the country

Bank of Baroda 'well protected' for switch to RBI's new loan-loss proposal

Its gross non-performing assets (NPA) ratio fell to 3.79% in the fourth quarter from 4.53% in the previous quarter, while its net NPA ratio fell to 0.89% from 0.99% for the same period

Nazara Technologies joins All India Gaming Federation as principal member

AIGF represent over 150 members including online gaming companies and game developers across all formats and genres

Suzlon bags 99-MW wind energy project from Vibrant Energy for 33 generators

Renewable energy solution provider Suzlon has bagged a 99-MW wind energy project from Vibrant Energy

Nadella disputes Musk's claim, says Microsoft not controlling OpenAI

The Microsoft CEO said OpenAI's board was steering the ship, contradicting Musk, who pulled out of the startup years ago and has advocated slowing AI development over potential ethical concerns

APSEZ sets new record, handles highest ever rail cargo of 121 MMT in FY23

In FY23, APSEZ generated around Rs 14,000 crore in revenue from rail cargo for Indian Railways

Reliance Retail, Adani Group no longer bidding for Future Retail: Report

The new highest bid is from Space Mantra and five other companies have placed their bid for parts of the company

IndiGo inducts 2nd Boeing 777 aircraft; to operate on Mumbai-Istanbul route

"The new aircraft will not only increase capacity on the route but also help in keeping the fares affordable," the airline said

Suzlon gets order of 33 wind turbines from Vibrant for 99 MW energy project

The Vibrant Group said that a project of this size could provide electricity to 307,000 households and curb 292,000 tonnes of carbon emissions every year

Jio to cross 500 mn subscriber mark by FY26, maintain market leadership

Currently, Reliance Jio and Bharti Airtel command more than 80% of the country's mobile network business. Jio has a market share of 48%, whereas, Airtel has 35% of it