Page 1688 - Company News

Indus Towers plans to raise up to Rs 2,000 crore through debentures

The company is likely to visit markets ahead of the repo rate decision by the Reserve Bank of India's monetary policy Committee (MPC) on December 7

Adani Airport Holdings increases borrowing limit by Rs 2,500 crore

AAHL currently manages seven functional airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram

Li-ion battery pack maker Lohum targets 3-fold jump in topline to Rs 300 cr

Lithium-ion battery pack maker and recycling firm Lohum has said it is eyeing a three-fold jump in its topline at over Rs 300 crore this fiscal driven by surging demand

ESIC approves proposal to invest surplus funds in stock market through ETFs

Government's social security body Employees' State Insurance Corporation (ESIC) on Sunday approved a proposal to invest its surplus funds in the stock market through exchange traded funds (ETFs)

SpiceJet expects improvement in operations in December quarter: Ajay Singh

SpiceJet, which is looking to raise $200 million, expects to see improvement in operations and restructuring benefits in the current quarter of this financial year

CIEL Group makes 'strategic investment' in Next Leap Career Solutions

City-based CIEL Group has made a strategic investment in Next Leap Career Solutions Pvt Ltd by signing a definitive agreement to acquire 100 per cent equity stake in tranches, the company said

Adani poised to be largest shareholder in NDTV as open offer subscribed 32%

Adani group has found investors willing to sell over 53 lakh shares of NDTV despite the deep discount to the stock's current trading price, giving it the rights to nominate chairman of the broadcaster

New Adani transmission lines may lower Mumbai's power tariffs, say experts

Experts foresee two-rupee dip as transmission bottlenecks ease over next few years; Adani group is setting up two dedicated transmission lines covering eastern and western corridors

Samsung, Zigbang partner to unveil unique UWB-based smart door lock

Tech giant Samsung has partnered with proptech startup Zigbang to unveil a smart door lock with an Ultra-Wide Band (UWB) chip.

SIPCOT to set up 11 new industrial parks in TN, to create over 2 lakh jobs

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) is in the process of establishing 11 new industrial parks in Tamil Nadu across sectors

Dharavi redevelopment project a veritable realty goldmine, say experts

Sensitive rehab, retaining local jobs key challenges in Adani's mega project

Godrej Properties adds 8 new projects worth Rs 16,500 cr so far in FY23

Enthused by strong housing demand, Godrej Properties is aggressively acquiring land for future development

Dr Reddy's, Sun Pharma recall products in US for manufacturing issues

Drug majors Dr Reddy's Laboratories and Sun Pharma are recalling different products in the US market for manufacturing issues, according to the US Food and Drug Administration

GMR Hyderabad International Airport plans to raise Rs 1,250 crore via NCDs

GMR Hyderabad International Airport Ltd (GHIAL) plans to use the money for prepaying the USD bonds maturing in April 2024 or February 2026

NTPC Green Energy likely to get strategic investor by March next year

NTPC is likely to get a strategic investor for its arm NTPC Green Energy Ltd by March 2023, which will help it raise up to Rs 3,000 crore for implementing renewables projects

IPO-bound OYO to lay off 600 in its tech team, hire 250 in sales roles

These layoffs come at a time when many other large start-ups are also letting go of employees

Delhi HC grants over Rs 2 crore to Adobe in trademark infringement case

The Delhi High Court, while hearing a lawsuit alleging trademark infringement by Namase Patel over Adobe's name, has granted over Rs 2 crore as damages to the US-based computer software company

IBBI chief bats for putting valuation of IBC entities in public domain

The board has amended its regulation to allow IPEs to register as insolvency professionals and perform all their functions, including managing a company's operations

SJVN bags Maharashtra discom's 200-MW solar project worth Rs 1,200 crore

State-owned SJVN Ltd on Saturday said that its arm SJVN Green Energy has bagged a 200 MW solar project worth Rs 1,200 crore from Maharashtra State Electricity Distribution Company Ltd

Elon Musk's 'Twitter Files' implicates Indian-origin lawyer Vijaya Gadde

The 'Twitter Files revealed by Elon Musk has implicated Vijaya Gadde, the Indian-origin former head of legal, policy and trust at the company