Page 1449 - Company News

After debt resolution, Essar Oil lines up Rs 1,200-crore capex

CARE has assigned "BBB+" rating to the long-term bank facilities of the company

Mahindra to fully utilise production capacity of CVs in 2-3.5 tonne range

Mahindra & Mahindra on Tuesday said it is looking to fully utilise its production capacity of commercial vehicles in the 2-3.5 tonne payload category in the current fiscal

Mahindra & Mahindra to increase LCV production capacity as demand rises

As per the SIAM data, M&M's domestic sales of LCVs in this segment reached 198,121 units in 2022-23, indicating that production capacity is almost fully utilized

Mankind Pharma's Rs 4,326-crore IPO: Issue subscribed 14% on Day 1

The company's IPO closes on Thursday

What is ESG, how is it supporting companies' efforts toward sustainability

From the role and need to challenges faced by Indian companies in its implementation and criticism around it, here is a lowdown on what is ESG

Delhi HC quashes Google's plea over urgent hearing against CCI order

The Delhi High Court refused to grant an urgent hearing to Google on its challenge to a single-judge bench order asking CCI to consider a plea of the Alliance of Digital India Foundation (ADIF)

Adani Ports bond buyback allays refinancing risk: S&P Global Ratings

The company, part of the beleaguered Adani Group, should be able to lower its debt well ahead of the maturity of its unsecured notes worth $650 million, due in July 2024, S&P added

Bajaj Auto Q4 results: Net profit drops 2.5% on sluggish exports

This helped total revenue from operations rise nearly 12% to Rs 8,905 crore

Serum Institute of India doubles Biocon investment to $300 million

The earlier investment by SILS in BBL was at a valuation of $4.9 billion, and the fresh $150-million investment pushes it up at $6 billion

Ed-tech firm Simplilearn plans acquisitions, expansion amid funding winter

Blackstone-backed company plans 40% growth in FY24 to turn profitable, says senior executive

Myntra introduces 'vernacular search' for users to shop in Indian languages

feature allows consumers to browse for fashion, beauty and lifestyle products in 10 Indian languages other than Hindi

Apollo opens genomic institute in Chennai, to open three more in 2023

Facility will offer services genetic evaluation, clinical diagnostics, obstetric genetics, cancer genomics and other services

Vodafone's top backer e& discusses board changes and ups stake

he Abu Dhabi-based company, which is majority owned by the United Arab Emirates's sovereign wealth fund, now owns 14.6% of Vodafone, up from 14%

L&T's power transmission biz bags significant orders in India, overseas

Homegrown Larsen & Toubro (L&T) on Tuesday said its power transmission and distribution business has won significant orders in the domestic and overseas markets

Serum Institute to pump in additional $150 mn in Biocon Biologics

Serum Institute of Life Sciences will invest an additional $150 million in Biocon Biologics as the partners decided to restructure the deal which was inked in 2021, Biocon said on Tuesday

Zydus Lifesciences gets nod from USFDA for metronidazole topical cream

The drug will be manufactured at the group's topical manufacturing facility at Changodar, Ahmedabad

Infosys launches live operations platform in collaboration with ServiceNow

The company plans to boost customer experience for telecom service providers

Zomato, Zypp join hands to deploy 100K e-scooters for last-mile delivery

Zomato says association will enable it to 'significantly reduce carbon emissions'

IndusInd Bank shares jump 2% after robust Q4 earnings, stocks climb 1.90%

Shares of IndusInd Bank on Tuesday jumped nearly 2 per cent in the late morning trade after the firm registered a 46 per cent jump in its March quarter net profit at Rs 2,043 crore

Akasa Air says no significant impact of delay in Boeing 737 delivery

Akasa Air began operations last August and has 19 737 Max planes in its fleet