Page 170 - Company News
Aiming to reach Rs 400 crore revenue in FY26: Euler Motors founder
Currently present in 55-60 cities, the company aims to reach 100 cities by the end of this financial year
 "Aiming to reach Rs 400 crore revenue in FY26: Euler Motors founder")
NBCC signs pact with HUDCO to execute development projects worth ₹117 crore
The MoU was signed by Sanjay Kulshrestha, Chairman and Managing Director of HUDCO, and K P Mahadevaswamy, Chairman and Managing Director of NBCC
 "NBCC signs pact with HUDCO to execute development projects worth ₹117 crore")
MakeMyTrip inks pact with Vietnam's Sun Hospitality to expand offerings
The tie-up comes as Vietnam emerges among the fastest-growing destinations for Indian tourists, driven by rising demand and easier visa access
 "MakeMyTrip inks pact with Vietnam's Sun Hospitality to expand offerings")
Prices of several 'Nandini' milk products go down with new GST rate cut
According to the list, 1000 ml Ghee (pouch) which was earlier priced at Rs 650 will now be available at Rs 610
 "Prices of several 'Nandini' milk products go down with new GST rate cut")
Ultra Gas & Energy to invest ₹900 cr to expand LNG retail network
The Mumbai-based company currently operates six stations along major freight corridors in Rajasthan, Gujarat, Maharashtra, Karnataka and Tamil Nadu
 "Ultra Gas & Energy to invest ₹900 cr to expand LNG retail network")
Inox Clean Energy begins solar module production at Bavla plant in Gujarat
The fully-automated plant, equipped with cutting-edge technology, manufactures N-type TOPCon solar modules using M10, G12R, and G12 solar cells, a company statement said
 "Inox Clean Energy begins solar module production at Bavla plant in Gujarat")
Country Club Hospitality to raise $100 mn for premium property projects
The funds will be raised either through GDR (global depository receipts) or FCCB (foreign currency convertible bonds), its Chairman and Managing Director Y Rajeev Reddy said
 "Country Club Hospitality to raise $100 mn for premium property projects")
Festive demand strong, but overall growth seen muted this year: Cleartrip
Spiritual destinations are seeing a large uptake driven by Millennials and Gen Z, who are driving the entire leisure uptake
 "Festive demand strong, but overall growth seen muted this year: Cleartrip")
PepisCo enters millet-based snacking category with its Kurkure brand
With Kurkure Jowar Puffs, PepsiCo joins the other FMCG companies, which have entered India's millet-based snacking category
 "PepisCo enters millet-based snacking category with its Kurkure brand")
Nissan revamps ProPilot system to rival Tesla driver-assist technology
The Japanese automaker says the most advanced iteration of its driver-assist technology will be on par with Tesla Inc.'s Full Self-Driving
 "Nissan revamps ProPilot system to rival Tesla driver-assist technology")
Brokers' body resolves differences with MagicBricks after disrespect row
In May this year, NAR India had directed its members to cease all listings, advertisements, and business transactions with MagicBricks and avoid all engagement with the platform
 "Brokers' body resolves differences with MagicBricks after disrespect row")
ED searches Himachal aerospace, realty firm promoters in Fema case
The action was undertaken on September 19-20 at six premises located in Delhi and Himachal Pradesh belonging to Manavinder Singh, his wife Sagri Singh and linked entities of the Imperial Group
 "ED searches Himachal aerospace, realty firm promoters in Fema case")
YES Bank says SMBC stake buy paves way for possible rating upgrade
Kumar, a career SBI executive who was rushed to helm the recovery of the private bank in March 2020, said that Yes Bank's rating has improved to 'AA-' now from 'D' earlier
 "YES Bank says SMBC stake buy paves way for possible rating upgrade")
Radisson Hotel Group to expand footprint in India, boost heritage tourism
The hospitality group currently operates a portfolio of over 200 hotels across the country
 "Radisson Hotel Group to expand footprint in India, boost heritage tourism")
Govt headhunter body recommends B Sairam as next Coal India Chief
Boasting over 34 years of experience in the coal sector, Sairam has held key positions such as Director (Technical) at CCL, and Executive Director at Coal India
 "Govt headhunter body recommends B Sairam as next Coal India Chief")
TIMF Holdings, 360 ONE invest ₹140 cr in Rubicon Research ahead of IPO
Prior to this transaction, General Atlantic held 83.7 million shares, about 54.01 per cent of the company's total shares
 "TIMF Holdings, 360 ONE invest ₹140 cr in Rubicon Research ahead of IPO")
Adani seeks accountability as Sebi dismisses Hindenburg allegations
Adani Group demands accountability after SEBI cleared it of Hindenburg's charges that triggered a $150 billion market loss and rattled investor confidence in 2023
 "Adani seeks accountability as Sebi dismisses Hindenburg allegations")
Aircel-Maxis corruption case: Fresh summons issued to Malaysian giant Maxis
Agency has also requested the issuance of a summons to the Malaysian company Astro All Asia Network in connection with the case, which has also been cleared by the special court, Officials said
 "Aircel-Maxis corruption case: Fresh summons issued to Malaysian giant Maxis")
ONGC, OIL aim to launch ₹3,200 cr stratigraphic drilling campaign next year
In the first phase, four wells will be drilled in deepsea of Andaman, Mahanadi, Saurashtra and Bengal sedimentary basins
 "ONGC, OIL aim to launch ₹3,200 cr stratigraphic drilling campaign next year")
NTPC plans overseas uranium buys to secure fuel for future nuclear projects
To increase its non fossil fuel-based energy generation capacity, the company has plans to set up nuclear projects at various locations in India
 "NTPC plans overseas uranium buys to secure fuel for future nuclear projects")