Page 1693 - Company News
Dharavi redevelopment project a veritable realty goldmine, say experts
Sensitive rehab, retaining local jobs key challenges in Adani's mega project
 "Dharavi redevelopment project a veritable realty goldmine, say experts")
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
 "Godrej Properties adds 8 new projects worth Rs 16,500 cr so far in FY23")
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
 "Dr Reddy's, Sun Pharma recall products in US for manufacturing issues")
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
 "GMR Hyderabad International Airport plans to raise Rs 1,250 crore via NCDs")
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
 "NTPC Green Energy likely to get strategic investor by March next year")
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
 "IPO-bound OYO to lay off 600 in its tech team, hire 250 in sales roles")
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
 "Delhi HC grants over Rs 2 crore to Adobe in trademark infringement case")
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
 "IBBI chief bats for putting valuation of IBC entities in public domain")
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
 "SJVN bags Maharashtra discom's 200-MW solar project worth Rs 1,200 crore")
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
 "Elon Musk's 'Twitter Files' implicates Indian-origin lawyer Vijaya Gadde")
India's Greenhouse-in-a-Box startup Kheyti wins 2022 Earthshot Prize
A Greenhouse-in-a-Box sustainable solution for small farmers devised by Telangana startup Kheyti has won the 1 million pounds Earthshot Prize
 "India's Greenhouse-in-a-Box startup Kheyti wins 2022 Earthshot Prize")
Godrej Properties buys 18.6 acre land in Mumbai to build luxury homes
Godrej Properties has bought an 18.6 acre land parcel at Kandivali, in Mumbai for around Rs 750 crore to develop a luxury housing project
E-commerce platform Carousell lays off 110 employees to reduce costs
Consumer-to-consumer (C2C) e-commerce platform Carousell has laid off about 110 employees, or 10 per cent of its total workforce, in an effort to reduce costs.
 "E-commerce platform Carousell lays off 110 employees to reduce costs")
OYO to downsize 3,700-employee base including fresh hires, cut 600 jobs
"OYO will downsize 10 per cent of its 3,700-employee base, which includes fresh hiring of 250 members and letting go of 600 employees," a statement said
 "OYO to downsize 3,700-employee base including fresh hires, cut 600 jobs")
Arena-Varde Partners, NARCL and Authum submit final bids for Srei companies
Srei Infrastructure Finance and Srei Equipment Finance were admitted for bankruptcy following applications filed by the Reserve Bank of India in October 2021
 "Arena-Varde Partners, NARCL and Authum submit final bids for Srei companies")
Kerala cooperative secures second position in global sectoral ranking
Vadakara-based Uralungal Labour Contract Cooperative Society (ULCCS) has been ranked second in the list of Industry and Utilities Cooperatives in the sectoral rankings
 "Kerala cooperative secures second position in global sectoral ranking")
What do industry trends say about consumption and the economy?
While TVs and luxury apparel flew off the shelves in cities, rural demand for FMCG products saw a negligible jump in October. What do these industries say about consumption in India and its economy?
 "What do industry trends say about consumption and the economy?")
Give management of Amrapali to Uttar Pradesh: AG tells Supreme Court
The bench had said the receiver's note required hearing all the parties concerned and directed hearing of the entire issue afresh
 "Give management of Amrapali to Uttar Pradesh: AG tells Supreme Court")
Kerala govt nods to Adani group's plea seeking protection at Vizhinjam port
The court's directive came after the Adani Group sought deployment of the Central forces at Vizhinjam seaport and the State government nodded in its favour
 "Kerala govt nods to Adani group's plea seeking protection at Vizhinjam port")
Pharma, consumer durables sectors likely to feel China curb heat
Industry players say lockdown could have an impact on the supply of components used in consumer durables
 "Pharma, consumer durables sectors likely to feel China curb heat")