Page 1572 - Company News
Adani Ports considering to repay $605 mn of loans to calm investors
India's largest private sector ports operator, which reported an earnings miss in the latest quarterly earnings, also said it would roughly halve its capital expenditure next financial year
 "Adani Ports considering to repay $605 mn of loans to calm investors")
Adani Total expects to receive 2.2 MT of LNG in FY24 at Dhamra terminal
India's LNG imports fell for the second straight year in 2022, mainly due to fewer imports by utilities as the country ramped up coal-fired power production at the expense of natural gas
 "Adani Total expects to receive 2.2 MT of LNG in FY24 at Dhamra terminal")
ONGC in talks with energy giants for deepwater exploration technologies
Oil and Natural Gas Corporation Limited (ONGC) is in talks with global oil majors to infuse state-of-the-art technologies in its aggressive exploration push in deepwaters of India.
 "ONGC in talks with energy giants for deepwater exploration technologies")
There was no pressure from Adani Group to sell Mumbai airport: GVK's Reddy
Reddy said that at that time, Gautam Adani approached him and said he had a lot of interest in the airport and whether GVK group was willing to do a transaction with him
 "There was no pressure from Adani Group to sell Mumbai airport: GVK's Reddy")
OnePlus launches flagship smartphone 11 5G, TV 65 Q2 in India: Report
Global smartphone brand OnePlus on Tuesday launched its new flagship smartphone, 11 5G, and its latest TV, 65 Q2 Pro, in India
 "OnePlus launches flagship smartphone 11 5G, TV 65 Q2 in India: Report")
Entropik raises $25 mn in Series B funding led by Bessemer, SIG Venture
The funding led by Bessemer Venture Partners and SIG Venture Capital would help Entropik to expand across the US, Europe and Asian Markets
 "Entropik raises $25 mn in Series B funding led by Bessemer, SIG Venture")
Andhra govt clears Rs 1.10 trn proposal of NTPC for new energy park
NTPC is to set up a New Energy Park at Pudimadaka in Anakapalli district of Andhra Pradesh to produce products out of green hydrogen, green ammonia and green methanol
 "Andhra govt clears Rs 1.10 trn proposal of NTPC for new energy park")
Over 75% Indian workplaces lack basic facilities for PwD: Randstad survey
The findings of a report released by Randstad India reveal that there is a gap between the policies for PwD and their implementation
 "Over 75% Indian workplaces lack basic facilities for PwD: Randstad survey")
Muthoot Finance to raise Rs 500 crore through secured redeemable NCDs
Basic issue size is Rs 100 cr, with Rs 400 cr green shoe; open between Feb 8 and March 3 with listing on BSE
 "Muthoot Finance to raise Rs 500 crore through secured redeemable NCDs")
Uniper signs pact with Greenko to source green ammonia from India
Germany-based Uniper has signed an agreement with Greenko ZeroC to source green ammonia from the latter's Kakinada facility in Andhra Pradesh
 "Uniper signs pact with Greenko to source green ammonia from India")
NABARD aims to raise Rs 3000-5000 cr in debut green bond issue: Report
Currently, NABARD is getting necessary certifications and approvals to comply with the market regulators' guidelines on green debt issuance, a company official said
 "NABARD aims to raise Rs 3000-5000 cr in debut green bond issue: Report")
Maharashtra ban on bike aggregators: SC refuses to grant relief to Rapido
The Supreme Court on Tuesday refused to entertain an appeal filed by Rapido challenging the Maharashtra government's denial to grant two-wheeler bike taxi aggregator licence to the company
 "Maharashtra ban on bike aggregators: SC refuses to grant relief to Rapido")
Walmart-owned Flipkart poised to list publicly, says SoftBank
In India, SoftBank has backed many companies, and unicorns or start-ups with over $1 billion in valuation
 "Walmart-owned Flipkart poised to list publicly, says SoftBank")
Essar on a new path of growth, to invest in energy, steel, mining sectors
Armed with substantially lighter balance sheet after repaying Rs 2 lakh crore debt, Essar is embarking on the next phase of growth by investing in hydrogen projects
RCap resolution: NCLAT issues notices to Torrent Investments, others
The appellate tribunal has directed to list the petition on February 9, 2023, saying the appeal would be heard and decided by it
 "RCap resolution: NCLAT issues notices to Torrent Investments, others")
Maruti's share in Suzuki revenue jumps to 40.9% in April-December
Maruti's share in its global revenues jumped from 33.42 per cent in April-December period of FY22 to 40.93 per cent in the corresponding period of FY23
 "Maruti's share in Suzuki revenue jumps to 40.9% in April-December")
Hero MotoCorp Q3 results: Net profit rises 2.41% amid weak demand
Hero MotoCorp on Tuesday declared an interim dividend of Rs 65 per share for FY23. "The payment of interim dividend will be completed by March 9," it added
 "Hero MotoCorp Q3 results: Net profit rises 2.41% amid weak demand")
Goldman Sachs Asset Management raises $5.2 billion, to invest globally
The fund has invested in Indian companies such as Swiggy, MoEngage, and ElasticRun
 "Goldman Sachs Asset Management raises $5.2 billion, to invest globally")
Bharti Airtel Q3 net profit rises 91.5% to Rs 1,588 cr; ARPU up at Rs 193
Revenue growth, 4G customer addition power strong result
 "Bharti Airtel Q3 net profit rises 91.5% to Rs 1,588 cr; ARPU up at Rs 193")
Adani market capitalisation rises for first time since Hindenburg report
Followed regulations while making investments: LIC
 "Adani market capitalisation rises for first time since Hindenburg report")