Page 1668 - Company News

UN aviation body rejects SpiceJet claim, says it didn't inspect airline

Budget carrier said on Dec 5 its safety processes were found in order 'following an exhaustive audit conducted by the ICAO'

Govt extends bid submission deadline till Jan 7 for IDBI Bank sale

The government extended the deadline to submit preliminary bids for the IDBI Bank privatisation till January 7

Cell manufacturer Godi India announces new technology to improve EV range

Silicon-based cells can store nearly ten times energy, give an electric vehicle greater range

Unmanned check-in counters causing congestion at airports, says govt

Airlines ask passengers to arrive early to ensure 'smooth' security check

Travel-tech firm OYO launches 'Super OYO' in more than 70 cities in India

Global travel technology company OYO has launched a programme to recognise hotels that provide the most consistent and high-quality customer experience

Retail firm Lulu Group signs deal to open 6 shopping malls, 1 hotel in UP

The Uttar Pradesh government has signed a memorandum of understanding (MoU) with hypermarket and retail giant Lulu Group to set up six shopping malls and one hotel in the state

Colgate Palmolive to focus on volume growth in India, says MD Narasimhan

According to the new MD, the naturals market, which witnessed strong growth from 2016 to 2019, has started to plateau

Amazon faces $280 mn lawsuit from Vietnamese supplier for post-Covid cuts

Gilimex Inc. said it was a key partner of Amazon from 2014 to 2022, investing tens of millions of dollars in manufacturing facilities to build the steel-and-cloth storage pods

Carlyle, Advent buy 9.99% stake in Yes Bank, to pump in about Rs 8,896 cr

Yes Bank on Tuesday said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank

Lenders ask Byju's to liquidate US assets to part-repay $1.2-bn loan

The company is seeking a restructuring of the loan, but it faced steep losses. Around this time, some activist investors bought some of the bonds

Competition (Amendment) Bill: Panel wants annual review of deal valuations

Proposed Settlement and commitment mechanism

Tighter quality of service norms for telecom service providers on the cards

It intends to improve telecom services at a time when the country is quickly adopting 5G technology

Elon Musk's Twitter disbands its 100-member Trust and Safety advisory group

Elon Musk's Twitter has dissolved its Trust and Safety Council, the advisory group of around 100 independent civil, human rights and other organisations that the company formed in 2016

Adani Transmission incorporates wholly-owned subsidiary Adani Cooling Sol

Adani Transmission on Tuesday said it has incorporated a wholly-owned subsidiary Adani Cooling Solutions Ltd.

Acquisition of JP's cement capacity a good long-term move by Dalmia

After acquisition, Dalmia's capacity mix will include 52 per cent in the east, 26 per cent in the south, 16 per cent in the central region and 6 per cent in the west

Lulu Group to open 6 shopping malls, 1 five-star hotel in Uttar Pradesh

The Uttar Pradesh government on Tuesday signed a memorandum of understanding (MoU) with hypermarket and retail giant Lulu Group to set up six shopping malls and one hotel in the state

IL&FS resolves Rs 56,943 cr debt as of Sept, addresses 93% of target

Infra lending firm's affidavit says it has reduced the number of entities under it from 302 to 101

GST Council likely to decide on decriminalisation, appellate tribunals

The GST Council, chaired by Finance Minister Nirmala Sitharaman, is likely to decide on a number of issues such as decriminalisation of GST offences, setting up of Goods and GST Appellate Tribunals

Aviation startup Boom Technology picks engine designer for supersonic plane

Aviation startup Boom Technology says it will power supersonic passenger jets with engines designed by a company better known for making small engines used on drones and cruise missiles

CBI files charge sheet against ex-BARC CEO in ratings manipulation case

The alleged manipulation in TV ratings took place at the level of Lulla when he was heading the Broadcast Audience Research Council (BARC)