Page 1697 - Company News

Changing flight path: Air India now flying more on metro-to-metro routes

Exiting unviable ones as part of domestic strategy

Hyperpure: Zomato's B2B ace in the hole on the road to profitability

Although the adjusted EBITDA losses of the B2B business widened in Q2FY23, the company's head honchos believe the venture can become even larger than the food delivery business

Adani Enterprises outlier as equity raising by India Inc declines

The listed non-financial companies raised fresh equity capital worth Rs 1.6 trillion in FY22 down 57 per cent from FY21

Godrej Properties to launch Rs 8,000 cr housing project in Delhi by March

Godrej Properties expects to launch a luxury housing project at Ashok Vihar in the national capital in March quarter and is eyeing Rs 8,000 crore of sales revenue from this property.

Indian pharma exports rise by 4.22% to $14.57 bn during April-Oct

Pharmaceutical exports from India registered a growth of 4.22 per cent to reach $14.57 billion during the April-October period despite a negative trend last month

China-Plus-One strategy: Indian API firms start to reap benefits

Rising Chinese labour costs, geopolitics, pandemic-stricken uncertainties have forced global players to derisk

Better grip on future for tyre stocks: Tread on easing input cost, demand

Higher raw material prices had punctured sequential margins of major tyremakers

IndiGo can wet lease Turkish Boeing 777 planes for a yr as govt eases rule

Airline says aviation ministry has granted permission to all Indian carriers to wet lease aircraft for a period of six months, extendable by another six months

Amazon is making series on FTX with Marvel movies famed Russo brothers

Amazon has ordered a limited series from the Russo Brothers' ABGO company focusing on the ongoing FTX crypto scandal

First NARCL transfer case: Lenders await govt guarantees for SR

The NARCL offered just more than Rs 3,500 crore for debts of over Rs 9,200 crore held by state-owned banks

We're hiring, says Elon Musk; Twitter 2.0 to have payments feature

His "Twitter 2.0 The Everything App" will have features like encrypted direct messages (DMs), longform tweets and payments, according to the tweet

Irdai asks reinsurers to keep 50% of Indian underwritten biz within country

Any retrocession up to 20%, to the branch of a foreign insurer shall be adjusted against the required minimum retention of 50%

Moderate the pace of its monetary tightening: India Inc to RBI

With rising global risk aversion adversely impacting foreign capital inflows, the industry body stated that it poses challenges for financing India's current account deficit

Swiss Challenge process on LIC's RCap debt sale fails to get rival bid

Final bids for Reliance Capital expected on Monday

Google, Microsoft announce new pacts to use renewable energy in data centre

Google and Microsoft have both announced new agreements to lower their IT operations' carbon footprint by using renewable energy sources in their data centres.

Elon Musk and the confessions of a reader of Ayn Rand novels

"For the sake of nostalgia, I'll keep Rand in my bookshelf and Musk in my peripheral vision," writes Andreas Kluth

Akums chalks out expansion plan as it eyes Rs 10,000 cr turnover by 2028

Leading contract manufacturing drug firm Akums Drugs & Pharmaceuticals plans to expand presence globally and enhance product range as it looks to more than double its turnover to Rs 10,000 cr by 2028

Battle for Reliance Nippon Life Insurance: Nippon top brass to visit India

The race for acquisition of Reliance Capital's 51 per cent stake in Reliance Nippon Life Insurance Co is intensifying, with the top brass of Japanese partner in the joint venture likely to visit India

Ola, Uber drivers fret over 5% convenience fee on each autorickshaw ride

The Ola Uber Drivers and Owners' Association and autorickshaw drivers linked with the ride-hailing apps are apprehensive about the 5 per cent convenience fee and GST levied on every autorickshaw ride

Adani, TCG gear up for petrochemical foray as RIL eyes expansion in sector

Adani planning PVC plant in Mundra, Gujarat; TCG looking to make polymers, chemicals and PTA at Cuddalore, Tamil Nadu