Page 1404 - Company News
Risky jurisdiction: Aircraft lessors raise alarm over Go First crisis
India is a critical market for lessors, in which sale-and-leaseback deals accounted for 75% of plane deliveries from 2018 to 2022, compared with a global average of 35%
 "Risky jurisdiction: Aircraft lessors raise alarm over Go First crisis")
Elon Musk asks federal appeals court to end 'Twitter Sitter' Deal
In his decision, Liman ruled that Musk willingly waived his First Amendment right to tweet without restraint, a finding Musk denied in his appeal brief
 "Elon Musk asks federal appeals court to end 'Twitter Sitter' Deal")
Pfizer pouring windfall profits from Covid-19 vaccine into cancer battle
The U.S. government will end the COVID Public Health Emergency on Thursday that allowed millions of Americans to receive vaccines, tests and treatments at no cost
 "Pfizer pouring windfall profits from Covid-19 vaccine into cancer battle")
Adani Group's Abu Dhabi backer says no plan to join any new share sale
Three companies controlled by Adani are considering a fundraising that may draw as much as $5 billion
 "Adani Group's Abu Dhabi backer says no plan to join any new share sale")
AI pilots' unions decide to accept revised service terms, compensation
Air India's two pilot unions on Thursday decided to accept the revised service norms and new compensation structure offered by the airline
 "AI pilots' unions decide to accept revised service terms, compensation")
Telangana recorded 40% rise in online orders in FY22: Unicommerce
The data also revealed that consumers from Telangana are shopping across various categories
 "Telangana recorded 40% rise in online orders in FY22: Unicommerce")
Tata Capital launches payment facility, UPI 123PAY for feature phone users
UPI 123PAY will be useful, especially for payments of low-value and microfinance customers
 "Tata Capital launches payment facility, UPI 123PAY for feature phone users")
We are not trying to put anybody out of business through ONDC: DPIIT Secy
The government wants all e-commerce players to become part of the Open Network for Digital Commerce (ONDC) and this initiative is not trying to put anybody out of business
 "We are not trying to put anybody out of business through ONDC: DPIIT Secy")
Religare Enterprises reports net profit at Rs 20 cr in March quarter
The total income increased to Rs 41 crore against Rs 8 crore in the same quarter a year ago, Religare Enterprises said in a regulatory filing
Deploying AI tools to reduce international scam calls by 50%: WhatsApp
WhatsApp responded to the minister's comments in a statement saying protecting the privacy and security of users is fundamental to Meta and to WhatsApp
 "Deploying AI tools to reduce international scam calls by 50%: WhatsApp")
Suzuki Motor to invest aggressively to grow auto industry in India
Japan External Trade Organisation executive vice-president Kazuya Nakajo said, India's investment in expansion in logistic infrastructure is inevitable
 "Suzuki Motor to invest aggressively to grow auto industry in India")
Air India pilot unions end protest on new salary contracts, service rewards
The change in stance from unions comes as Air India stepped up efforts to attract pilots from Go First that temporarily stopped operations last week
 "Air India pilot unions end protest on new salary contracts, service rewards")
JioCinema reports record 1,300 crore views in first five weeks of IPL
The average time spent per viewer per match touched 60 minutes, said a statement from JioCinema, an OTT platform owned by Viacom 18
 "JioCinema reports record 1,300 crore views in first five weeks of IPL")
Amp Energy wins CESC's 150 MW 'Wind-Solar Hybrid' auction at Rs 3.07/unit
The company said, the contracted capacity of the project will be 150MW and would require a 250 MW of wind and solar capacity installation
 "Amp Energy wins CESC's 150 MW 'Wind-Solar Hybrid' auction at Rs 3.07/unit")
Italy's antitrust watchdog probes Apple over competition in app market
The technology company, based in Cupertino, California, did not immediately respond to a request for comment
 "Italy's antitrust watchdog probes Apple over competition in app market")
Larsen & Toubro expects to win Rs 2-trillion order from Centre in FY24
The company ended the financial year 2022-23 with record orders of Rs 4 trillion
 "Larsen & Toubro expects to win Rs 2-trillion order from Centre in FY24")
China's SAIC Motor plans to sell its stake in MG Motor to domestic entities
SAIC is in the advanced stages of talks with investors from different Indian companies, which include Reliance, Hero Group, Premji Invest, and JSW Group for equity sale
 "China's SAIC Motor plans to sell its stake in MG Motor to domestic entities")
Voluntary insolvency by Go First a fraudulent exercise: SMBC to NCLAT
Lessors opposing Go First's plea wanted to file a reply under Section 65 of IBC, which deals with fraudulent or malicious initiation of proceedings
 "Voluntary insolvency by Go First a fraudulent exercise: SMBC to NCLAT")
Asian Paints Q4 net surges 45% to Rs 1,234 cr on improvement in margins
During the year, the paints major crossed Rs 34,000 crore in revenue at a consolidated level
 "Asian Paints Q4 net surges 45% to Rs 1,234 cr on improvement in margins")
ONGC discovers crude oil, natural gas in in two blocks in Mumbai offshore
The discoveries, which have been named 'Amrit' and 'Moonga', were made in the blocks that the company won in recent open acreage licensing rounds
 "ONGC discovers crude oil, natural gas in in two blocks in Mumbai offshore")