Page 1608 - Company News

Tata group-owned AIX Connect violates norms on pilot proficiency checks

The airline is alleged to have violated the norms pertaining to Pilot Proficiency Check and Instrument Rating tests (PPC/IR) and could face a financial penalty of up to Rs 1 crore

Alcohol should be served in a 'reasonable, safe manner': AI to cabin crew

Cabin crew observations of the quantity, rate and type of alcohol consumed by a guest can help in the assessment of whether that person is unduly intoxicated

IndiGrid to acquire 100% stake in Khargone Transmission for Rs 1497 crore

India Grid Trust (IndiGrid) will acquire a 100 per equity stake in Khargone Transmission at an enterprise value of about Rs 1,497.5 crore

Vistara reports first ever quarterly profit in Q3, figure undisclosed

Airline says result excluded unrealised forex loss; YoY capacity and passenger traffic up 37% and 47% respectively

Tech-tonic shift: Google reworking terms of mobile app distribution

Sources say that Google will place the new licence agreement before the CCI for its endorsement

Zomato stops 10-minute food delivery offering, CEO announces 800 job posts

Media reports say 10-minute biz struggling; company denies, says it is just being rebranded

NCLT's final order on bankrupt Reliance Capital bid by next week

The matter is reserved for judgment and the NCLT Bench mentioned that the order will be issued next week

Defence, overseas markets to boost incremental growth for Solar Industries

Margins too should move up as the proportion of these segments improves in the revenue mix

Manish Gunwani to replace Anoop Bhaskar as CIO-Equities at IDFC MF

Gunwani, who left Nippon India MF in November last year, will replace Anoop Bhaskar, who is moving out of IDFC MF

Trade body calls for cheaper land rates to set up industries in Rajasthan

ARTIA's president Vishnu said that the government should ensure the availability of land in industrial areas at affordable or subsidised rates

Tata Motors confirms delisting from NYSE, termination of ADS programme

The ADS holders can surrender their ADSs to the Depositary in exchange for the underlying ordinary shares of the company at any time on or prior to July 24, 2023

Amazon launches dedicated air cargo service in India to speed up deliveries

This is set to enable faster deliveries to customers

Goyal asks businesses to adopt sustainable, green approach in practices

He mentioned that India was one of the top five countries in the world in terms of adopting and implementing environmental goals

Bharat Biotech starts voluntary recall of rabies vaccine after batch theft

Company had tested the batch and released it, but part of it was stolen, for which cold chain storage integrity was unknown. Decision made to recall the entire batch

Women's IPL teams auction: BCCI set for another Rs 4,000 crore windfall

Among the traditional IPL teams, Mumbai Indians, Rajasthan Royals, Delhi Capitals, KKR could seriously contemplate to add to the bouquet of their already existing men's teams across the globe

Pine Labs acquires enterprise platform from Saluto Wellness for unknown sum

The deal would help Pine Labs strengthen its offerings across employee rewards and recognition, customer loyalty, and channel partner programmes for medium and large enterprises

Coal India arm MCL to set up Rs 12,000-crore power plant in Odisha

The Odisha-based miner dispatched 176.17 MT of coal to its consumers, up 21 per cent from the previous year

TaMo, ICICI Bank tie up to offer financing solutions to its EV dealers

The EV dealers can avail flexible repayment tenures through the partnership, the company said

'Apple looks to scale up manufacturing in India', says Piyush Goyal

The company gets iPhones manufactured by electronics giants - Foxconn, Wistron and Pegatron in India

Hit hard by Microsoft layoffs, Halo developer says franchise 'here to stay'

Video game Halo Infinite developer 343 Industries has shared a brief message about the franchise's future after being hit hard by the Microsoft layoffs