Page 1784 - Company News
AM/NS India receives environmental clearance for Hazira plant expansion
This increased steel manufacturing capacity represents a significant boost for the government's National Steel Policy, which envisages doubling domestic capacity to 300 MTPA by 2030
 "AM/NS India receives environmental clearance for Hazira plant expansion")
Quess Corp to sell its stake in Simpliance Technologies for Rs 120 crore
Aparajitha, a Human Resource compliance service firm from Madurai, Tamil Nadu, along with its affiliates would take over a 53 per cent stake in Simpliance from Quess Corp.
 "Quess Corp to sell its stake in Simpliance Technologies for Rs 120 crore")
Zee stock gets a boost post CCI clearing mega merger deal with Sony
Though there are some near-term concerns on the business front, most analysts are positive
 "Zee stock gets a boost post CCI clearing mega merger deal with Sony")
Vedanta's medical arm ties up with Anuva for cancer research in India
Anuva and BMC aim to use this cancer bio/data bank for clinical research to identify relevant insights for precision medicine application for cancer in India.
 "Vedanta's medical arm ties up with Anuva for cancer research in India")
Akasa Air performance 'satisfying' in first 60 days; well capitalised: CEO
The country's new scheduled airline Akasa Air is "well capitalised" and will allow carrying of domesticated dogs and cats onboard along with passengers from November
 "Akasa Air performance 'satisfying' in first 60 days; well capitalised: CEO")
NTPC ropes in GE Gas Power to reduce CO2 emissions at plants in Gujarat
State-owned NTPC has roped in GE Gas Power to help it reduce carbon emissions at its 645 MW Kawas gas power plant in Gujarat
 "NTPC ropes in GE Gas Power to reduce CO2 emissions at plants in Gujarat")
Akasa Air to allow pets in cabin, cargo from Nov; to expand routes
Akasa Air, which took to the skies two months ago, will allow domesticated dogs and cats in cabin as well as cargo from November and will also be starting new routes in the coming weeks.
 "Akasa Air to allow pets in cabin, cargo from Nov; to expand routes")
Majority of Mercedes-Benz models in India to be EVs by 2030: CEO Schwenk
Mercedes-Benz's first electric car in India was the EQC, launched in 2020
 "Majority of Mercedes-Benz models in India to be EVs by 2030: CEO Schwenk")
Flipkart spent $1.1 billion from February to July, shows Walmart filings
The firm has also has been an active investor in the ecosystem and has a portfolio of investments in many companies
 "Flipkart spent $1.1 billion from February to July, shows Walmart filings")
Amazon India terms Redseer's report on festive season speculative
E-commerce player Amazon India on Thursday called the report of Redseer Strategic Consulting on festive season sale numbers as "speculative which lacks transparency"
 "Amazon India terms Redseer's report on festive season speculative")
Maiden Pharma's cough syrups, under WHO scanner, not sold in India: Sources
Meanwhile, the Indian regulator is awaiting evidence of links between the cough syrups and the deaths in Gambia
 "Maiden Pharma's cough syrups, under WHO scanner, not sold in India: Sources")
HCL Tech to train up to 18k tech, consulting professionals on Google Cloud
IT company HCL Tech plans to train up to 18,000 technology and consulting professional on Google Cloud to scale up its ability to accelerate digital transformations globally with Google Cloud infra
 "HCL Tech to train up to 18k tech, consulting professionals on Google Cloud")
Airtel customers to get 5G at existing rates in 8 cities initially
Airtel launches 5G Plus service, with superfast high-def video streaming, gaming & multiple chatting
 "Airtel customers to get 5G at existing rates in 8 cities initially")
IndiGrid, Brookfield show interest in buying 2 transmission projects
Joint venture projects by Sterlite Power Transmission Ltd and Australia-based AMP Capital worth Rs 3,500-4,000 cr
 "IndiGrid, Brookfield show interest in buying 2 transmission projects")
How Bharti Airtel is trying to make its media business subscription-driven
Airtel Digital, which operates the firm's music and streaming video business, has 189 million monthly active users
 "How Bharti Airtel is trying to make its media business subscription-driven")
Future Retail insolvency: EoI invited from prospective buyers by Oct 20
The resolution professional of Future Retail Ltd (FRL) has invited 'expression of interest' from prospective buyers under the ongoing Corporate Insolvency Resolution Process (CIRP)
 "Future Retail insolvency: EoI invited from prospective buyers by Oct 20")
Karnataka HC declines relief to Xiaomi India over Rs 5,551-cr asset freeze
The competent authority, formed under the Foreign Exchange Management Act, 1999 (FEMA), confirmed the order of the ED to seize the assets of the smartphone company on September 19.
 "Karnataka HC declines relief to Xiaomi India over Rs 5,551-cr asset freeze")
Chennai and Jaipur to be seed sites of Mahindra Lifespaces-Actis JV
Major stake of the joint venture's total investment is to be acquired by Actis. Over the initial years, total investment is to be estimated at Rs 2,200 crore including debt
 "Chennai and Jaipur to be seed sites of Mahindra Lifespaces-Actis JV")
Nykaa, Dubai's Apparel Group forge GCC alliance to build multi-beauty brand
Indian cosmetics and fashion retailer Nykaa on Thursday entered a strategic alliance with Dubai-based fashion and lifestyle retail conglomerate Apparel Group to expand in Gulf countries
 "Nykaa, Dubai's Apparel Group forge GCC alliance to build multi-beauty brand")
Titan sees 18% sales growth in September quarter; adds 105 new stores
Tata group firm Titan on Thursday said its overall sales grew 18 per cent year-on-year in the September quarter
 "Titan sees 18% sales growth in September quarter; adds 105 new stores")