Page 1393 - Company News
HAML invites global tenders for EPC contractor for Hyderabad Airport Metro
Global tenders have been invited for selection of the Engineering, Procurement and Construction (EPC) contractor for the Hyderabad Airport Metro project
 "HAML invites global tenders for EPC contractor for Hyderabad Airport Metro")
Bombay Burmah Trading Corp's Go First exposure falls to Rs 65 crore
Bombay Burmah will also make a claim with the resolution professional appointed by the National Company Law Tribunal. If the airline restarts early, the losses of the banks would reduce, say corporate
 "Bombay Burmah Trading Corp's Go First exposure falls to Rs 65 crore")
Will India be an all-electric or a hybrid market for Toyota Motor?
Green mobility drives Toyota's India plans: With 10 pure electric cars planned by 2026 in its global portfolio, the world's largest car maker hopes to move beyond its SUV mainstays in the country
 "Will India be an all-electric or a hybrid market for Toyota Motor?")
LIC's new business premium drops 50% to Rs 5,810.1 crore in April
LIC's group single premium declined 65.76% to Rs 2899.63 crore in April while individual single premium dropped by 23.07% to 1014.47 crore
 "LIC's new business premium drops 50% to Rs 5,810.1 crore in April")
Audi's ex-chief pleads guilty in automaker's diesel emissions scandal
The scandal cost Volkswagen more than $30 billion in fines and settlements and saw two U.S. executives sent to prison
 "Audi's ex-chief pleads guilty in automaker's diesel emissions scandal")
Murugappa's Coromandel International plans Rs 2K cr investment by 2025
Murugappa Group firm says government's 'One Nation, One Fertiliser' scheme has no impact on its business
 "Murugappa's Coromandel International plans Rs 2K cr investment by 2025")
IHCL partners Chalet Airport Hotel to open 400-key Taj at IGI Airport's T3
Indian Hotels Company Ltd (IHCL) announced the signing of a 400-key Taj branded hotel at Indira Gandhi International Airport's Terminal 3 in New Delhi in partnership with Chalet Airport Hotel.
 "IHCL partners Chalet Airport Hotel to open 400-key Taj at IGI Airport's T3")
NCLAT closes Insolvency case against Marvel Realtors & Developers
NCLAT has closed Corporate Insolvency Resolution Process against Marvel Realtors & Developers Ltd after taking on record settlement with its financial creditor
 "NCLAT closes Insolvency case against Marvel Realtors & Developers")
Biz activity for Shopify's Indian sellers up 9.8% to Rs 30,100 cr in 2022
Shopify has a total seller-base of 7.9 million registered Indian Micro, Small, and Medium Enterprises (MSMEs) on its platform
 "Biz activity for Shopify's Indian sellers up 9.8% to Rs 30,100 cr in 2022")
BigBasket secures capex procurement ERP software from Zoho Corporation
Technology company Zoho Corporation on Tuesday said it has implemented a custom-built capex procurement ERP software using Zoho Creator to online grocery seller BigBasket.
 "BigBasket secures capex procurement ERP software from Zoho Corporation")
Lesson for Go First from Jet Airways' insolvency: Restart quickly
Jet Airways was much bigger when it shut down in 2019. It operated a fleet of 100-plus aircraft out of over 40 domestic and 24 international locations
 "Lesson for Go First from Jet Airways' insolvency: Restart quickly")
70% of MSMEs believe more than 50% of customers will pay using UPI
A report by NeoGrowth looks at the data from around 3,000 retail customers and 1,000 retail sellers across the country
 "70% of MSMEs believe more than 50% of customers will pay using UPI")
Eveready Industries cuts number of direct distributors to 1,000 from 5,000
In 2022-23, Eveready Industries India had posted a 10 per cent growth in consolidated revenue from operations at Rs 1,327.7 crore as compared to Rs 1,206.75 crore in 2021-22
 "Eveready Industries cuts number of direct distributors to 1,000 from 5,000")
TCS, Intellect in race for development of advanced version of portal GeM
The government had set a pre-condition for the bidders to have a special certificate to qualify for the GeM portal tender
Zomato begins its own UPI offering, Flipkart expected to follow soon
The report citing sources added that e-commerce platform Flipkart is also hopping on the bandwagon and has started its work for UPI offerings
 "Zomato begins its own UPI offering, Flipkart expected to follow soon")
Jupiter Wagons raises Rs 125 cr via qualified institutional placement route
The funds will be utilized to accelerate its wagon manufacturing capacity, JWL said in a statement on Tuesday
 "Jupiter Wagons raises Rs 125 cr via qualified institutional placement route")
Infosys, bp deepen relationship to transform digital application landscape
The companies will continue to explore more avenues for bp to advance sustainability, DE&I and other social impact initiatives
 "Infosys, bp deepen relationship to transform digital application landscape")
Dish TV minority shareholders seek EGM, removal of 2 independent directors
Informing about the development to the stock exchanges, Dish TV said it is examining the communication from the minority shareholders
 "Dish TV minority shareholders seek EGM, removal of 2 independent directors")
As HCCB plans to sell its bottling business, senior officials bid adieu
The list of officials who resigned includes Neil Comerford who was executive director (ED) of the sales and commercial department, ED, HR Indrajeet Sengupta, among others
 "As HCCB plans to sell its bottling business, senior officials bid adieu")
 "Infra lender NaBFID to sanction loan worth Rs 1 trillion this fiscal")