Page 1438 - Company News
Brookfield, Bharti enter commercial real estate JV worth Rs 5,000 cr
Brookfield Asset Management says deal marks its commitment to build 'future-ready office environments' in India
 "Brookfield, Bharti enter commercial real estate JV worth Rs 5,000 cr")
RIL-bp sets $11 per mmBtu as opening price for gas auction from KG-D6 block
The two partners will on May 19 e-auction 6 mmscmd of gas, whose supplies will start from June 1, according to a tender document
 "RIL-bp sets $11 per mmBtu as opening price for gas auction from KG-D6 block")
Airlines carried 9,593 more domestic fliers per day in April, shows data
International air passenger traffic down 1% ahead of May tourist season
 "Airlines carried 9,593 more domestic fliers per day in April, shows data")
Sunlit Power to invest Rs 100 cr in battery production facility in 2 years
Batteries maker Sunlit Power on Monday announced plans to invest Rs 100 crore over the next two years to set up an automated manufacturing facility in Pune
 "Sunlit Power to invest Rs 100 cr in battery production facility in 2 years")
JPMorgan's health care venture arm makes fertility bet in $25 mn deal
The investment comes after a March fund-raise where Kindbody secured $100 million from Perceptive Advisors in a deal that valued the company at $1.8 billion
 "JPMorgan's health care venture arm makes fertility bet in $25 mn deal")
Companies should take care of their employees: Vedanta Chairman on layoffs
Vedanta Chairman Anil Agarwal shared his views on LinkedIn, saying the companies should take care of their employees as they will only take care of their business
 "Companies should take care of their employees: Vedanta Chairman on layoffs")
 "Maruti Suzuki expects recovery in semiconductor chip shortage in Q2")
Timeline: Road to First Republic Bank's collapse; to be sold to JPMorgan
Last week, First Republic reported a more than $100 billion plunge in deposits in the first quarter that sparked a brutal sell-off in the lender's shares
 "Timeline: Road to First Republic Bank's collapse; to be sold to JPMorgan")
Eicher Motors' CV arm posts sales uptick of 18.9% to 6,567 units in April
Eicher Motors Ltd on Monday said its arm VE Commercial Vehicles Ltd posted an 18.9 per cent growth in total sales at 6,567 units in April 2023
 "Eicher Motors' CV arm posts sales uptick of 18.9% to 6,567 units in April")
IFL Enterprises Limited secures export orders worth $8.16 million
IFL Enterprises Ltd the leading company in business of trading all kinds of papers and stationery items has secured export orders from Kenyan company, Frereana Holding Ltd
 "IFL Enterprises Limited secures export orders worth $8.16 million")
IAMAI promoting anti-Indian, pro-foreign Big Tech views: MayMy India CEO
The association has also prepared a draft submission on whether India needs a separate law to tame Big Tech's anti-competitive practices
 "IAMAI promoting anti-Indian, pro-foreign Big Tech views: MayMy India CEO")
IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others
Company has sought market regulator's approval to raise as much as Rs 750 cr
 "IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others")
Rail Vikas Nigam Limited receives the status of Navratna from Centre
With RVNL, India now has 15 Navratnas including names like Hindustan Aeronautics Ltd, Bharat Electronic Ltd and Oil India Ltd
 "Rail Vikas Nigam Limited receives the status of Navratna from Centre")
Brookfield buys 51% stake in Bharti Enterprises' 4 commercial properties
Brookfield launched India's third Real Estate Investment Trust (REIT) in 2021 after successfully raising Rs 3,800 crore through an initial public offer
 "Brookfield buys 51% stake in Bharti Enterprises' 4 commercial properties")
Hyundai Motor's total sales rise by 3.5% to 58,201 units in April
The company's domestic wholesales last month rose by 13 per cent to 49,701 units as compared with 44,001 units in the year-ago period
 "Hyundai Motor's total sales rise by 3.5% to 58,201 units in April")
Tata Motors domestic sales fall 4% in April, passenger vehicle sales up 13%
The sales of commercial vehicles fell sharply by 27% to 22,492 units in April this year. It was 30,838 last year
 "Tata Motors domestic sales fall 4% in April, passenger vehicle sales up 13%")
MakeMyTrip, Europamundo collaborates for intl' holiday packages in India
Digital travel firm MakeMyTrip said it has partnered with Europamundo, a leading global player in tourism and travel industry, for bringing the latter's international holiday packages in India online
 "MakeMyTrip, Europamundo collaborates for intl' holiday packages in India")
Air India sends stern email to pilots to address delay in licence renewal
Air India has sent out a strongly worded email, including a directive of disciplinary and monetary action against its pilots, in case of delay in licence renewal or Airport Entry Pass (AEP)
 "Air India sends stern email to pilots to address delay in licence renewal")
Hero Electric denies receiving ministry letter for subsidy recovery
Rs 500 cr held up with government as unpaid subsidy, says company about electric two-wheeler manufacturing
 "Hero Electric denies receiving ministry letter for subsidy recovery")
Maruti Suzuki India's sales jump 6.5% in April, exports drop by 8%
The automaker said that the shortage of electronic components had some impact on the production of vehicles
 "Maruti Suzuki India's sales jump 6.5% in April, exports drop by 8%")