Page 1473 - Company News

Healthtech platform Practo lays off 41 employees, mostly engineers

The company said in a statement that upholding a high bar for performance and productivity is crucial to maintaining this level of growth

UltraTech uses LNG trucks to transport cement as part of ESG initiative

UltraTech is making strides in its commitment to sustainability and decarbonisation of its operations with this second deployment of GreenLine's LNG-powered fleet of trucks

Adani Gas reduces prices of CNG by Rs 8.13/kg, PNG by Rs 5.06/scm

ATGL also announced a reduction in PNG prices for Industrial and Commercial Consumers by Rs 3.0 per scm its geographical areas (GAs)

Temasek buys majority stake in Manipal Health in largest wellness deal

Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value

ZestMoney laying off 100 employees after deal with PhonePe fails

PhonePe in talks with BNPL firm to hire some staff left after acquisition talks fail

Vedanta-Foxconn likely to get conditional approval for fab plant

But Foxconn, the largest EMS player in the world, buys over $40 billion worth of semiconductor chips annually for its customers

OMC marketing earnings expected to rise in fourth quarter, say analysts

Blended marketing margins rose to a 10-month high of about Rs 2.5 per litre in December, multiple analysts said

SBI loan fraud: SC permits bank to respond to reply of pvt firm chairperson

The Supreme Court has permitted SBI to file a rejoinder to the reply of Suman Vijay Gupta, a citizen of the Dominican Republic and chairperson of a Mumbai-based private company

HMSI recalls around 2K CB300R bike units due to manufacturing fault

Honda Motorcycle & Scooter India on Friday said it is recalling around 2,000 CB300R bike units due to a manufacturing fault in the right crankcase cover of the engine.

Adani Wilmar clocks 14% growth in volume in FY23; revenue at Rs 55,000 cr

Adani Wilmar, which is into edible oil and other food businesses, said it achieved nearly 14 per cent growth in volume in the last fiscal, helping the company's revenue to cross Rs 55,000 cr

Reliance Capital resolution process deadline likely to be extended again

Deadline for resolution process ends on April 16; matter goes under litigation as one bidder moves court

Planning to buy Innova Hycross? Toyota temporarily halts bookings

'We deeply regret to announce the temporary halt of bookings for top-end grades of Innova Hycross (ZX and ZX (O) only, with effect from April 8, 2023,' the automaker said

Backed by big deals, GIC ahead of western peers in office properties

According to sources, GIC is in the final leg of three real-estate deals in the country. They relate to properties or significant stakes in portfolios of key investors

Hindustan Aeronautics launches third assembly line of Tejas jets

HAL also proposes to remove 300 kg of dead weight distributed across the Mark I to balance the fighter evenly

Perfetti Van Melle India not impacted by slowdown in FMCG demand, says MD

Firm says bulk of its revenue came from the one-rupee price point, which is largely immune to an economic slowdown

SpiceJet had worst on-time performance in March; Akasa was best: Govt data

AirAsia India and Air India had the -lowest and third-lowest OTPs among 7 major carriers

MGL cuts CNG price by Rs 8, PNG by Rs 5 in Mumbai after govt revises price

Gail India subsidiary Mahanagar Gas announced a steep reduction in the retail price of compressed natural gas (CNG) by Rs 8/kg and domestic PNG (piped natural gas) by Rs 5/SCM across its licenced area

IKEA Foundation to sustainably upgrade 25,000 health facilities in India

IKEA Foundation along with SELCO Foundation will sustainably upgrade 25,000 primary health facilities in 12 states of the country by 2026

UP govt cancels smart meter tenders of Adani, GMR group companies

Meanwhile, Purvanchal has floated fresh tenders after dividing the districts under its jurisdiction into three clusters instead of just one

Coffee Day Enterprises' total default at Rs 436.06 crore in Jan-Mar qtr

Coffee Day Enterprises Ltd (CDEL) has reported a total default of Rs 436.06 crore for the quarter ending on March 31, 2023