Page 1430 - Company News

Grounded Go Air can fly in a week if planes not seized: CEO Kaushik Khona

Go Air - now re-branded as Go First - filed for insolvency protection on Tuesday after half of its Airbus SE A320neo fleet were grounded with engine snags

Govt-backed ONDC looks to take a bite from Zomato and Swiggy plate

ONDC is offering low prices for the same food compared to Swiggy, Zomato

Coal India net profit rises 62% to record Rs 28,125 crore in FY23

Q4 profit slips marginally, Board declares Rs 4 per share dividend

India to become export hub for Skoda Auto from next year, says co official

Czech car maker Skoda Auto has said India will become an export hub for the company as it is set to commence exports of vehicle kits for assembly in Vietnam from next year

Paradip Port eyes top spot among major ports, aims at 150 mt cargo handling

In a bid to conquer the top spot among major ports of the country, Paradip Port Trust is aiming at 150 million tonne of cargo handling this fiscal and implementing a strategy to raise its capacity

Paytm's next target is profitability, says CEO Vijay Shekhar Sharma

The fintech giant, in its Q4 results for FY23, managed to narrow its losses to Rs 168 crore

PTC India inks agreement for 115 MW power supply from VS Lignite Power

Power trading solution provider PTC India has inked a long-term power purchase agreement with VS Lignite Power for 115 MW of electricity supply

Big catching up for new players: Barista CEO Agarwal on growing competition

Unfazed by the growing competition from new players as well as international chains, coffee house Barista is now looking beyond metro cities for expanding its footprint and drive growth

Slowly but surely, mutual funds warm up to investment in REITs, InvITs

Exposure up sevenfold in three years to Rs 5,200 cr

Muthoot Microfin to foray into Andhra Pradesh, Telangana in FY24

It is also expecting the disbursement too to touch Rs 11,000 crore during the year. In 2022-23, the company saw its disbursements increasing to Rs 8,104 crore, up from Rs 4,600 crore last year

Coal India Q4 profit drops 18% on wage bill; record net profit in FY23

The decline in profit in the fourth quarter of 2022-23 (April 2022 to March 2023) was despite coal production and dispatches to users

Will be compliant with the new data protection laws: Truecaller CEO

As Swedish caller identification app Truecaller touched 250 million active users milestone in India, CEO and co-founder Alan Mamedi believes there is still a lot of headroom for growth here

Flavour of season: It's a premier league for food delivery firms this IPL

Downloads of food delivery apps like Zomato, Swiggy, Domino's, etc. have gone up in April over February

Launch blueprint, rural gains can help Hero MotoCorp turn the corner

Lower raw material costs aided margin recovery for the 2-wheeler sector in Q4

Co-working firm Smartworks leases 0.5 mn sq ft space in Gurugram, Noida

Co-working firm Smartworks has taken on lease 5.3 lakh square feet office space in Noida and Gurugram to cater to rising demand of flexible work space from corporates

From Amazon, JP Morgan to KPMG, India Inc is hiring defence veterans

Here's why companies like Amazon, JP Morgan, KPMG and Goldman Sachs are increasingly hiring defence veterans

CEAT's int'l biz, replacement market to see better growth: VC Anant Goenka

Tyre maker CEAT expects recovery in its international business and replacement market, which are more profitable segments, going forward, according to company Vice Chairman Anant Goenka

Building an empire: Birla eyes M&As to fill up $1-billion apparel closet

TCNS Clothing Company, a listed entity with a market capitalisation of Rs 3,215 crore, has ethnicwear brands such as W, Aurelia, Wishful, Folksong, and Elleven

Godrej Properties aims to sell record Rs 14,000 cr in FY24: Pirojsha Godrej

Godrej Properties expects 14 per cent growth in sale bookings this fiscal to a record Rs 14,000 crore on strong housing demand, a top company official said.

Govt may soon invite financial bids for selling 26% in defence PSU BEML

Following that, in October last year, BEML demerged its non-core businesses into BEML Land Assets and listed the new company on the bourses on April 19, 2023