Page 1634 - Company News

Air India will have to wait till March to implement new HR policy: Report

According to the acquisition agreement signed with the government in January 2022, the airline is not allowed to change the "terms of employment" for one year

Adani Enterprises FPO may get a big boost from Gulf sovereign wealth funds

Adani Enterprises will need to offer at least 35 per cent of the FPO, worth as much as Rs 7,000 crore, to retail investors

Tata nears iPhone plant takeover to grow India's Apple supply role

Tata's deal would advance India's efforts to create local contenders to challenge China's dominance in electronics, which has been jeopardized by political tensions with the US and Covid-hurdles

Apple retail stores to come up in Mumbai's BKC, Delhi's Saket: Report

Apple bought 20,000 sq ft space in BKC's Jio World Drive in 2019 and the first store is likely to open there

GreenCell Mobility bags order for 570 electric buses from Delhi government

"This contract for 6,465 E-buses under Gross Cost Contracting (GCC) basis is the largest tender for E-buses ever floated in India," it said

Star India asks BCCI for Rs 130-crore discount in the existing deal

The BCCI top brass deliberated on the two subjects for more than an hour in the emergent meeting of the Apex Council on Monday. It was a virtual meeting

ONGC Videsh retakes 20% stake in Sakhalin-1 oil and gas fields of Russia

The Sodeco consortium too has retained its stake but there is no clarity on what will happen to ExxonMobil's stake

NCLT rejects Torrent's plea to halt RCap's CoC voting for second auction

The CoC, represented by Kapil Sibal, and IIHL will be made parties to the matter, the tribunal said

PVR aims to operate 1,000 screens by FY24-end, invest Rs 300 cr: JMD

Besides India, PVR has a small presence in Sri Lanka where it operates nine screens

Paytm's loan disbursals jump 330 per cent in December, GMV up 38 per cent

The number of loans disbursed jumped 117 per cent in December 2022 as compared to December 2021

Jaguar Land Rover reports 5.9% jump in retail sales in Q3, wholesale up 15%

The company owned by Tata Motors said that it reflects gradual improvement in chip supplies

'A question of time' before Google makes mobile phones in India

The Pixel phones will be made primarily for exports

Cough syrup deaths: Marion's licence suspended over no reply to show cause

Marion's licence cancelled over no reply to show cause

TCS headcount down by over 2,000 in the third quarter of FY23

This is the first time since Q1FY21 that the headcount has come down

RS Sodhi steps down as Amul MD; Jayen Mehta given interim charge

Jayen Mehta appointed as interim MD with immediate effect of Amul

Air India didn't report second peeing incident to DGCA; notice issued

This happened on Dec 6 when a male passenger urinated on a vacant seat and blanket of a female co-passenger

Life insurers' new biz premium growth eases to 10% as LIC loses pace

LIC witnessed a moderation in premia because of a decline in group single premia. LIC is the largest player in the group single premium market

HDFC Capital achieves $376-mn initial close for scheme 2 of H-CARE 3

H-CARE 3 Scheme 1 & 2 and HDFC Capital Affordable Real Estate Funds - 1 & 2 have created a US$3.1 billion funding platform

From RIL to L&T and Adani, corporate giants build on EPC rule change

A shift from the high-debt hybrid annuity scheme for infra projects to a low-debt, performance-linked model is encouraging government and private majors to pivot to this business in a bigger way

Lenders begin voting to hold second auction for Reliance Capital assets

The voting was held after the National Company Law Tribunal did not stay the second auction after a petition made by Torrent