Page 1428 - Company News

Manappuram Finance says enforcement action against promoter, not company

Manappuram's promoter, V.P. Nandakumar, said in the notification that the probe was not related to the company but a private entity called Manappuram Agro Farms, which is no longer in existence

ACME, IGL ink initial pact to explore biz avenues in Green Hydrogen

The companies will also work together to explore the opportunity of setting up hydrogen generation plants including setting up electrolyzers to blend Green Hydrogen in IGL's existing pipeline

Apple posts record quarter in India; Cook says 'incredibly exciting market'

Country is at a tipping point, says Tim Cook

Apple's iPhone bounces back from slump, helping sales top estimates

The results suggest that Apple is beginning to recover from a slump that's plagued both the computer and smartphone industries

Adidas facing investor unrest after yeezy crisis along with poor sales

Adidas's shares plunged 64% through Nov. 3 of last year amid repeated profit warnings and personnel problems

Air India gets over 700 applications for pilots for its recruitment drive

On April 27, the carrier issued an advertisement for more than 1,000 pilots

Centrum Capital to consider raising Rs 1,000 crore via issue of NCDs

The outcome of the board meeting will be communicated to the stock exchanges after conclusion of the board meeting on May 19, 2023

Sundram Fasteners posts 19% rise to Rs 127.47 crore in Q4 net profit

The export sales for the quarter were at Rs 380.77 crore as against Rs 366.01 crore, a growth of 4.03 per cent

Lessor Aircastle files case against SpiceJet to initiate insolvency process

The first hearing of Aircastle's case will take place on Monday at the Delhi bench of NCLT

Lessors seek deregistration of 23 Go First planes to secure their assets

Go First has 54 Airbus aircraft in its fleet and 26 of them were in operation until Tuesday when the airline filed its insolvency application

Go First pilots rush to Air India's job drive after it files for bankruptcy

Go First's announcement on Tuesday that it had filed for bankruptcy as demand for post-pandemic air travel in the world's most populous country boomed came as a shock to many employees

DHFL money laundering case: HC denies bail to Yes Bank founder Rana Kapoor

The Bombay High Court refused to grant bail to Yes Bank founder Rana Kapoor in connection with the DHFL money laundering case, noting that he was one of main accused in the case

ED freezes Rs 143-crore assets of Manappuram Finance MD & CEO after raids

The Enforcement Directorate on Thursday said it has frozen assets worth Rs 143 crore of prominent Kerala-based NBFC Manappuram Finance Ltd's MD and CEO V P Nandakumar after it conducted raids

Financial institution 1 Finance bags psychology patent for screening tool

MoneySign assessment framework, for which the financial institution has won the psychology patent has been developed with the help of global psychology experts

United Breweries posts 94.03% slump in Q4 profit on higher input costs

India's United Breweries Ltd reported a 94.03% slide in fourth-quarter profit on Thursday, hurt by higher raw material costs

RP-Sanjiv Goenka Group's Guiltfree enters into Indian snacks space

Guiltfree Industries estimates the entire Indian snacks category (namkeens) as a Rs 30,000 crore market and the organised segment is in the range of Rs 14,000-Rs 15,000 crore

BharatPe rebrands multi-brand loyalty program PAYBACK India as 'Zillion'

This new brand identity is in line with the company's vision to make Zillion ubiquitous to loyalty and rewards across the country

IndiGo gets nod to remove technical paper manuals, to make aircraft lighter

IndiGo said its Airbus aircraft are expected to be a bit lighter in weight following aviation safety regulator DGCA granting it approval to remove Technical Paper Manuals

Lenders to Go First await NCLT's verdict to chalk-out strategy

There was no meeting on Thursday. Banks have already reviewed the situation on Wednesday

Raymond to consider issue of non-convertible debentures up to Rs 2,200 cr

The outcome of the board meeting will be communicated to the stock exchanges after conclusion of the board meeting on May 9 2023