Page 1678 - Company News

Jaypee Power board meet on Monday over divestment of cement grinding unit

Jaypee group firm Jaypee Power Ventures will hold a board meeting on Monday to consider a proposal to divest its Nigrie cement grinding plant in Madhya Pradesh

Snake found in AI Express plane's cargo hold; DGCA to probe incident

A snake was found in the cargo hold of an Air India Express plane after it landed at the Dubai airport on Saturday and aviation regulator DGCA is probing the incident, according to a senior official.

BharatPe filed cases as my book 'Doglapan' created panic: Ashneer Grover

Former BharatPe Co-founder and MD Ashneer Grover claimed that his book "Doglapan" created panic among BharatPe executives and this is the reason the fintech company filed several cases against him

Alphabet's Wing unveils remote operations centre for drone delivery

Alphabet's drone delivery company Wing has unveiled its new remote operations centre where pilots will monitor multiple missions at a time

Paytm buyback shows firm believes shares are below intrinsic value

Paytm, India's leading mobile payments and financial services company, has informed the exchanges about its plans to buyback shares as its management believes that it will be beneficial

Amazon to end support for third-party Alexa skills to book doctors online

Amazon to end support for third-party healthcare Alexa skills that allow users to ask the virtual assistant for booking a doctor's appointment, accessing hospital post-discharge instructions, etc.

BMW expects sales momentum to continue next year; lines up 8 new launches

With 2022 turning out to be the best ever year in terms of sales, luxury carmaker BMW India expects volume to remain robust in 2023

Adani group entity operating Guwahati airport gets aerodrome licence

The Guwahati International Airport Ltd, the Adani group entity that operates the LGBI Airport, here, has been granted aerodrome licence by the DGCA for complete management of the airport

Microsoft acquires firm Lumenisity Limited developing high-speed cables

Microsoft has announced that it has acquired Lumenisity Limited, a leader in next-generation hollow core fibre (HCF) solutions.

PM Relocations to invest Rs 150 cr to expand business: CEO Bhargava

The company is also expecting to double its revenues to over Rs 200 crore in the ongoing financial year, Bhargava told PTI in an interaction

Air India close to signing deal for 150 Boeing 737 Max jets: Report

Boeing's last mega order in India came in 2021 when low-cost airline Akasa struck a deal to buy 72 737 MAX jets, valued at nearly $9 billion at list prices

Top Headlines: Jet Airways' revival, fiscal deficit in Budget FY24 and more

Business Standard brings you the top headlines at this hour

Drug, medical services firm PharmEasy may lay off hundreds of employees

The company has a total workforce of about 1500

Govt working out transaction structure of RINL strategic sale: Dipam Secy

The government is working out a transaction structure for the strategic sale of RINL or Vizag Steel, Dimpam Secretary Tuhin Kanta Pandey says

Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period

CPSEs are likely to achieve their target as they tend to rush up their spending in March quarter

RCap assets' e-auction to kick off on Dec 19; base bid at Rs 5,300 crore

This is the first time that an e-auction of this scale would take place for a debt resolution under the Insolvency and Bankruptcy Code, 2016

Lenders purposely delaying Jet Airways revival: Jalan-Kalrock tells NCLT

'Can't take off if relief not granted'

YES Bank gets RBI nod to raise capital from Carlyle, Verventa Holdings

YES Bank will now engage with the investors for completion of the proposed capital raise, subject to various regulatory compliances

There's upside potential in Cement sector as prices rise across regions

Analysts expect H2 to be better and infra spending to be hiked in the Budget; benign energy prices and demand improvement are other triggers

Marico to acquire 100% stake in Vietnamese personal care brand Beauty X

To pay Rs 172 cr under the deal, which is expected to be completed by March 31