Page 1827 - Company News

NTPC pays final dividend of Rs 2,909 crore to shareholders for FY22

NTPC has paid a final dividend of Rs 2,908.99 crore for 2021-22 to its shareholders

Amazon India to halve the fee for new sellers in festival season

Amazon Indian said it will halve the fee for new sellers on its platform as the e-commerce giant gears up for the festive season in one of its key markets.

Air India to get 30 planes including 5 Boeings, over next 15 months

Air India said it will progressively induct 30 new aircraft, including 5 wide-body Boeing planes, from December this year.

Reliance Infrastructure files Rs 13K-crore claim in Adani power deal

Reliance cited a breach of a December 2017 share purchase agreement relating to the transfer of its Mumbai power distribution business to Adani Transmission

It's no walkover for tile makers staring at competition, gas prices

Shaky Ground: Price hikes, too, may imperil demand

Makers of safety-critical parts on capex drive to get set for new rules

Not much gain for seat belts, which are a standard feature in several vehicles; but the airbag rule--as and when it takes effect--will have a multiplier effect on safety-critical components

Air India goes on a digitisation drive to enhance its efficiency

On Friday, the airline announced it was vacating government-owned premises as part of consolidation of workplaces

Pharma body clears Micro Labs of charges of spending Rs 1000 cr on freebies

Indian Pharmaceutical Alliance ethics committee submits report to NPPA

19 loss-making CPSEs returned to profit in FY21, shows govt data

The total gross revenue of 255 operating CPSEs during FY21 was Rs 24.26 trillion as against Rs 24.58 trillion in the previous year, showing a decrease of 1.30%

Tata Neu onboarding Titan by Diwali; Tata Motors and Air India next

Tata Neu 2.0: Super app to undergo revamp for a better user experience

Mahindra Lifespaces to buy land parcels with Rs 3k-crore sales value

Realty firm Mahindra Lifespace Developers is looking to acquire a few land parcels this fiscal to build housing projects with sales potential of Rs 3,000-4,000 crore, a top company official said

Reliance Capital bidders seek more time from lenders to make final offers

Banking sources said Piramal group has sought 12 weeks' extension, while PE major Advent wants time till Jan-end 2023, citing delays in completing due diligence

Italian govt, UAE-based PE firm pick up 44% stake in Titagarh Wagons arm

The Italian government and a UAE-based private equity firm have together picked up almost 44 per cent stake in Titagarh Wagons' fully-owned subsidiary Firema SpA, a top company official said on Sunday

Nayara Energy seeks Centre's approval on independent directors' pay

The company said the remuneration proposed to be paid to the independent directors is comparable with the remuneration being paid for similar assignments in the industry

Redington India to retail iPhone 14, Apple Watch series 8 across locations

Supply chain solutions provider Redington India is to offer the latest Apple Inc. products - the iPhone 14 and 14 Plus - in over 4,000 retail locations across the country, the company said on Sunday

Reliance can explore reorganising company to list subsidiaries: Report

Management and shareholders may consider a reorganisation of company to achieve three mutually linked objectives of structure, succession and segregation, says a report by Kotak Institutional Equities

Expect CV industry to grow in double digits this fiscal: Tata Motors ED

Tata Motors expects the commercial vehicle industry sales growth to be in double digits this year despite hike in interest rates on auto loans, according to a senior company official

Appliances industry expects up to 35% growth in sales during festive season

Appliances and consumer durable makers are looking for up to 35 per cent growth in sales during this festive season on increasing demand for premium products and price hikes

Reliance Infra files Rs 13,400-cr claim in power deal with Adani

Reliance cited a breach in the terms of a December 2017 agreement, and filed its statement of claim before the Mumbai Centre for International Arbitration

Rising credit card, UPI payments indicate increase in consumption: Experts

The government's push to digital transactions, rising income, increasing use of smarthpones and improvement in internet connectivity are aiding the growth of online payments