Page 1620 - Company News

Climate change one of key concerns for CXOs: Deloitte sustainability survey

Compared to the global average, Indian CxOs are likely to report feeling more stakeholder pressure to act from board members - 78 per cent, the government 72 per cent and shareholders 71 per cent

Torrent asks NCLT to quash CoC's fresh auction round for Reliance Capital

Torrent Investment on Tuesday urged the National Company Law Tribunal (NCLT) to quash the lenders' plans to hold a fresh auction for the takeover of the Anil Ambani-promoted Reliance Capital

Sundram Fasteners wins $250 mn international contract to supply EV parts

Company will invest Rs 200 cr support order it says is the largest for an Indian firm in the product range

Glenmark pharma launches generic version of Novartis' heart failure drug

Opens floodgates for more generic launches; 40 new brands expected

Bhavik Koladiya takes Ashneer Grover to court over BharatPe share dispute

Bhavik Koladiya and his teacher's son Shashvat Nakrani founded the fintech firm BharatPe in 2017 and Ashneer Grover joined the startup in 2018 as CEO

Indian toy retailers play hardball as they sit on non-BIS inventory

Some shut shop as they fear raids

Adani, Ashok Leyland to develop Asia's first hydrogen-mining truck

The FCET is scheduled to be launched in India in 2023

Strong US sales momentum may drive further gains for Zydus Lifesciences

Market share gains in the Indian market and margin expansion are other positives

Rapido moves SC against Bombay HC order to stop operation in Maharashtra

The Supreme Court agreed to hear on January 23 plea of Rapido, the bike taxi and auto aggregator, challenging the Bombay High Court order which directed it to stop operation in Maharashtra immediately

Berger Paints India eyes Rs 20,000 crore turnover in the next 5-6 years

The company was scouting for a 40-50 acre-plot in Odisha, says Abhijit Roy, MD and CEO, Berger Paints

NCLT sanctions amalgamation of Equitas Holdings and Equitas SFB

Amalgamation scheme shall be effective upon the filing of tribunal's order

ITC to buy 'Yoga Bar' to strengthen presence in health foods space

ITC signs binding term sheet to buy 100% share capital of Sproutlife Foods

Google pilots 'Soundpod by Google Pay' for UPI payments in India: Reports

The search giant is piloting a soundbox of its own in the country to alert sellers of confirmations for Unified Payments Interface (UPI)-based payments, reports TechCrunch

Airtel launches 5G services in Jaipur, Udaipur, Kota in a phased manner

Private telecom company Bharti Airtel on Tuesday announced the launch of its 5G services in three cities of Jaipur, Kota and Udaipur of Rajasthan

Govt allocates 3 more coal blocks for commercial mining activities

The government on Tuesday allocated three more coal mines under commercial mining to the successful bidders

ITC to acquire 100% shares of startup 'Sproutlife Foods' over 3-4 years

Sproutlife Foods Private Limited is a startup engaged in the manufacturing and sale of food products under the trademark 'Yoga Bar'

Improving marketing margins, prices to restore OMC profits in FY24: Moody's

OMCs are likely to see weak earnings in current fiscal year despite fall in oil prices mainly because of losses they incurred on holding prices in the first half, Moody's Investors Service said

Lotte Confectionary to invest Rs 450 cr in Havmor Ice Cream in 5 years

Its Talegaon plant would be operational by the fourth quarter of 2024, in which Lottee range of premium ice cream would be manufactured

A first: DVC seeks to sell 3.7 Gw of power from three thermal units

Damodar Valley Corporation (DVC) has issued 'expression of interest (EoI)' for buying electricity from its upcoming three thermal power units totalling 3.7 Gw

LG invests Rs 200 cr at Pune facility; starts local mfg of refrigerators

LG Electronics India has invested around Rs 200 crore at its Ranjangaon, Pune-based facility to set up a new line for manufacturing the premium range of side-by-side refrigerators