Page 1522 - Company News
Budget airline IndiGo pits Boeing against Airbus in record jet order talks
Indian budget carrier IndiGo is in talks with both Boeing and its supplier Airbus to order more than 500 passenger jets, potentially smashing an industry record set by domestic rival Air India
 "Budget airline IndiGo pits Boeing against Airbus in record jet order talks")
European ESG funds sell more of their Adani Group shares, shows data
Shares bearing the Adani name now appear in about 480 so-called Article 8 funds - entities promising to promote environmental, social and governance goals under European Union rules
 "European ESG funds sell more of their Adani Group shares, shows data")
NCLT allows merger of HDFC's two subsidiaries with HDFC Capital Advisors
NCLT on Friday gave its approval for the merger of HDFC Property Ventures and HDFC Venture Capital with HDFC Capital Advisors, taking the merger of the parent with HDFC Bank a step closer
 "NCLT allows merger of HDFC's two subsidiaries with HDFC Capital Advisors")
Greenko Energy raises Rs 5,700 crore from GIC, Orix and founders
Last month, Greenko emerged the lowest bidder for the first green hydrogen manufacturing project by an oil refinery in the country
 "Greenko Energy raises Rs 5,700 crore from GIC, Orix and founders")
India looking to partner with Embraer, Sukhoi to make small jets locally
The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, the people said
 "India looking to partner with Embraer, Sukhoi to make small jets locally")
GQG Partners sees shares fall as much as 3% after Adani investment
In early trade, GQG shares were down by as much as 2.6% whereas the S&P/ASX200 benchmark index was up 0.4%
 "GQG Partners sees shares fall as much as 3% after Adani investment")
NCLAT dismisses ex-Sintex Industries CMD Rahul Patel's plea on insolvency
NCLAT has dismissed the plea of Rahul Arunprasad Patel, former chairman and managing director of Sintex Industries, challenging the insolvency case initiated against the debt-ridden textiles maker
 "NCLAT dismisses ex-Sintex Industries CMD Rahul Patel's plea on insolvency")
Workplace imbalance hurting, expect employee engagement in 2023: Experts
With resignations and layoffs dominating trends post-Covid, HR leaders anticipate focus on employee engagement, hybrid work model and greater tech investment to improve efficiency
 "Workplace imbalance hurting, expect employee engagement in 2023: Experts")
Embassy Group sells 42 mn REIT shares to Bain Capital for Rs 1,300 cr
Realty firm Embassy Property Developments Pvt Ltd has sold 4.2 crore shares in Embassy Office Parks REIT to Bain Capital for Rs 1,250-1,300 crore to pare debt
 "Embassy Group sells 42 mn REIT shares to Bain Capital for Rs 1,300 cr")
Icra downgrades outlook on Adani Ports, Adani Total to 'negative'
Affirms ratings on long-term loans of both firms
 "Icra downgrades outlook on Adani Ports, Adani Total to 'negative'")
Adani back on investment track after Hindenburg, with mega plans in Andhra
Karan Adani announces two cement units, 15,000 MW of RE power project and 400 MW data centre in the state
 "Adani back on investment track after Hindenburg, with mega plans in Andhra")
RBI fines Amazon Pay (India) Rs 3 cr for not complying with PPI & KYC norms
Ola Financial Services, Obopay Mobile and Manapurram Finance other entities
 "RBI fines Amazon Pay (India) Rs 3 cr for not complying with PPI & KYC norms")
Apple doubles down on improving water management, sanitation in India
Tech giant Apple on Friday announced a new initiative to support improved water, sanitation and hygiene outcomes in India.
 "Apple doubles down on improving water management, sanitation in India")
Tech Mahindra to invest up to Rs 700 crore over the next 2-3 years
Says products and platforms unit can become a $1-billion business in the next 2-3 years
 "Tech Mahindra to invest up to Rs 700 crore over the next 2-3 years")
Andhra Global Investors Summit: Mukesh Ambani talks 10-Gw solar play
"I am happy to announce that we will continue our investments and we will invest in 10 Gw of renewable solar energy in AP," said Ambani.
 "Andhra Global Investors Summit: Mukesh Ambani talks 10-Gw solar play")
Primus to add 2,000 units to senior living residences; enters Mumbai market
Senior living residences and retirement communities focused company Primus on Friday said it looks to add 2,000 units to its senior living residences as it enters the Mumbai market
 "Primus to add 2,000 units to senior living residences; enters Mumbai market")
Adani Group to hold fixed-income road shows in London, Dubai, US in March
Adani group management, including group Chief Financial Officer Jugeshinder Singh, will attend the road shows which will run between March 7 to March 15, the document showed
Vedanta seeking $1 bn from global banks to refinance old debt, say sources
Is negotiating with Barclays, JP Morgan, StanChart; fresh fund raising comes within months of the firm having deleveraged its balance sheet by $2 bn
 "Vedanta seeking $1 bn from global banks to refinance old debt, say sources")
Google rolls out PDF drawing, highlighting tools on cloud service Drive
Google has rolled out new annotation tools on its cloud service Drive on Android, which will give users a quick way to draw on and highlight PDFs
 "Google rolls out PDF drawing, highlighting tools on cloud service Drive")
RBI slaps Rs 3.06 cr penalty on Amazon Pay (India) for violation of norms
The Reserve Bank of India on Friday said it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance
 "RBI slaps Rs 3.06 cr penalty on Amazon Pay (India) for violation of norms")