Page 1701 - Company News

Ongoing protests may delay completion of Adani port in Vizhinjam in Kerala

Kerala's Rs 7,500-crore Vizhinjam seaport, being developed by the Adani group, is staring at delays due to the over 100-day protest led by the leadership of the Latin catholic archdiocese

BSNL-BBNL merger close to finalisation, Deloitte to submit report on Friday

On July 27, the government approved a DoT proposal for the "Revival of BSNL and merger of BBNL with BSNL"

Tata Consumer to buy Bisleri International for Rs 6,000-7,000 crore: Report

Ramesh Chauhan, chairman of Bisleri International, does not have a successor to take Bisleri to the next level

Journey towards strong governance a work in progress: Deepak Parekh

The ultimate objective is that corporate governance systems must become simpler; not more complicated, Parekh said

SC dismisses Tata Power's appeal against MERC awarding project to Adani

After several power outages in Mumbai, the MERC in 2013 gave its approval to the detailed project report of the Aarey-Kudus electricity transmission project of Reliance Energy

Prosus posts $80-million loss on investment in PayU India

PayU revenue increased to $183 million, about Rs 1,497 crore

HP Inc to reduce global headcount by up to 6,000 employees as demand slows

PC and printer major HP Inc is joining the ongoing tech layoff season and will lay off nearly 4,000-6,000 employees

Adani FPO could be India's largest-ever; board to approve proposal on Fri

The follow-on offering will help the firm broaden its investor base

Order rebound could lead to uptick for road infrastructure players

NHAI has front loaded awards because there was a large number of awards in April 2022

Gautam Adani weighs $5 billion fundraise as banks urge deleveraging

The fundraising will start with Adani Enterprises and is separate from the group's plans to raise debt, one of the people said

Govt needs to share risks with private companies in projects: L&T CFO

The govt needs to share risk with private companies it partners with 'and not just talk about what can be done' in a project, Larsen & Toubro chief financial officer R Shankar Raman said Wednesday

Telcos' AGR rises 18% to Rs 60,530 cr in Apr-June; govt collection up 19%

Telecom service providers' adjusted gross revenue grew 17.91 per cent on a year-over-year basis to Rs 60,530 crore in April-June 2022 with Jio leading in terms of revenue share

Air India expands its US, Europe network with new non-stop flights

To operate new Mumbai-New York flights; resume flights to Copenhagen, Milan, Vienna from Delhi

ACC promoter entity Ambuja Cements frees NDU on shares of company

After the release, the total promoter holding pledged with lenders now stands at 2.16 per cent from 52.21 per cent earlier

Ather Energy takes on Ola, Okinawa, opens second manufacturing facility

Firm is in also in talks with various state govts to set up a third plant, which when completed, is likely to have a capacity of a million units a year

India's requests to Meta for user data up slightly at 55,497 in H1 of 2022

Requests from governments across the globe for user data were up 10.5% to 237,414

HDFC twins may merge by April next year, says Chairman Deepak Parekh

Parekh said the voting process of shareholders on the proposed merger has received "fair amount of votes" from shareholders already

Warren Tea to exit plantations, plans expansion of IT and hotel businesses

Signs deal with Dhunseri group for the last four estates it currently owns

Binance to hire 8,000 people by 2023 end, says CEO Changpeng Zhao

Binance CEO Changpeng Zhao has stated that the company is targeting to hire 8,000 people by the end of the year

Reliance Jio announces availability of True 5G services in Pune: Report

Jio on Wednesday announced that Jio True 5G will now be available in Pune, offering unlimited 5G data at speeds of up to 1Gbps