Page 1648 - Company News

IndiGo flight from Hyderabad to be first aircraft to land at MIA on Jan 5

IndiGo flight 6E 6145 will land at the facility from Hyderabad at 9 am on Thursday, a spokesperson from MIA said

IIFL Finance to raise funds via public issue of non-convertible debentures

The issue, which also has a greenshoe option to retain an oversubscription of 9 billion rupees, will open for subscription on Friday and close on Jan. 18

Edelweiss Financial Services to raise Rs 200 cr via public issue of NCDs

The company's public issue will open for subscription on Tuesday and will close on Jan. 23

Bharat Forge arm to acquire SEZ unit of Indo Shell Mould in Tamil Nadu

JS Auto Cast Foundry India has entered into a business transfer agreement with Indo Shell Mould Ltd for the purpose, Bharat Forge said in a statement

Hyundai Motor elevates senior management; Tarun Garg becomes COO

Hyundai Motor India Ltd on Monday announced senior management elevations, including that of Tarun Garg as Chief Operating Officer

2023 may see an M&A surge in insurance sector: Shriram General Insurance MD

As per the trends, the industry is expected to double its CAGR to 10.2% by the end of 2022 from its slowest growth of the decade at 5% from 2021, said Shriram General Insurance Company Ltd MD

Elon Musk's Tesla may unveil $25,000 Model 2 car in 2024: Report

Elon Musk-owned electric vehicle company Tesla is expected to unveil its $25,000 Model 2 car in 2024, the media reported

Apple fails to deliver planned 'dedicated' classical music app in 2022

After acquiring classical music service Primephonic, Apple had said that it planned to release a "dedicated" classical music application in 2022, but the year has now ended

Centre may boost PLI outlay to attract iPad, MacBook production: Report

The proposal to enhance the outlay has already been sent by the IT ministry to finance and other ministries

Torrent Power to buy 1.1 Gw green energy capacity from ReNew Energy: Report

Ahmedabad-based Torrent Power has submitted a non-binding offer (NBO) for ReNew's solar and wind assets of 350 and 450 Mw for $450 million

Business Standard CEOs poll: Capex tops India Inc's 2023 to-do list

Firms plan to go on a hiring spree; flag rising rates, weak demand as major concerns

Tatas readying Air India's low-cost arm AIX Connect to expand flights

Authorised share capital doubled to Rs 10,000 cr; borrowing limit raised from Rs 2,800 cr to Rs 4,500 cr

Toyota Kirloskar reports data breach, extent of intrustion not confirmed

Toyota Kirloskar Motor on Sunday reported a data breach in its system but said the extent of intrusion is being confirmed

Tata group remains the top business group; Adani shines the brightest

The Adani group gained from a continued rally in its existing companies and the acquisition of Ambuja Cement, ACC, and NDTV last year

Former Tata Sons director Krishna Kumar passes away due to cardiac arrest

Krishna Kumar, well known as K K, served as the managing director (MD) of Tata Global Beverages from May 1991 to January 1998

New Year celebrations: Swiggy delivers 350,000 biryani, 250,000 pizzas

Food delivery app Swiggy delivered 350k biryani orders on Saturday and the app dispatched over 250k pizzas across the country, according to company sources

JSW Group mulls foray into EVs, to manufacture 4-wheelers: Seshagiri Rao

The manufacturing of EVs is being discussed actively at the group level, JSW Group Chief Financing Officer Seshagiri Rao said while divulging JSW Group's plan to expand its presence into more sectors

Royal Enfield sales fall 7% to 68,400 units in Dec, domestic sales down 8%

Motorcycle maker Royal Enfield on Sunday reported a 7 per cent decline in total sales at 68,400 units in December 2022

Domestic passenger vehicles sales up 23% to record of 3.79 mn units in 2022

Domestic passenger vehicles sales rose by 23 per cent to a record of 3.79 mn units in 2022 led by the likes of Maruti Suzuki, Hyundai and Tata Motors

Hyundai Motor India sales rise 18.2% to 57,852 units in December 2022

Hyundai Motor India Ltd on Sunday reported an 18.2 per cent increase in total sales at 57,852 units in December 2022