Page 1842 - Company News

Alliance Air to hold Board meeting on Sept 16 to restore pilots' salaries

During the peak of the Covid pandemic, Indian carriers had cut the salaries of their employees to reduce losses. This year, while most of them have restored the salaries, a few are yet to do so

Actor Ranveer Singh joins Indian startup story, invests in SUGAR Cosmetics

Some of the investors backing SUGAR include L Catterton, A91 Partners, Elevation Capital and India Quotient

Twitter asks for Musk to turn over texts from first six months of 2022

The social-media company submitted the public proposed order in a Friday court filing in Delaware attached to a sealed request for sanctions against Musk and his lawyers

Fire-safety norms for Li-ion battery could push up e-scooter prices by 10%

The government on September 1, through a notification, mandated additional safety requirements for lithium-ion batteries, to come into effect on October 1

Demand uptick positive for NTPC, Coal India; price uptrend may continue

The Fuel Supply Agreement (FSA) realisation was Rs 1,443 per tonne and the e-auction realisation was Rs 4,340 per tonne

'Middlemen' Swiggy, Zomato win once again, restaurants bear the brunt: NRAI

Association details the impact the new discount programmes of these two entities could have on eateries

NTPC registers growth of 62% in coal output from captive mines in Apr-Aug

NTPC has registered a 62 per cent growth in coal production from its captive mines, the state-run power producer said

GMR Group to divest entire 40% stake in Philippines' Cebu airport

According to a regulatory filing, the stake is being divested as part of the focus on deleveraging GMR Airports Ltd and churning assets for higher returns on investment

TCS changes its hike structure, does away with anniversary hikes

The changes come at a time when the industry is seeing demand constraints from its majority market and budgets are under pressure and deals are taking time to close

NDTV open offer date 'indicative', subject to Sebi nod: Adani Enterprises

The clarification came days after the company said its open offer for a 26 per cent stake in NDTV would tentatively open on October 17

Adani Green could replace Dr Reddy's in Sensex during December review

If added, Adani Green will be the first stock from the group in Sensex. After the inclusion of Adani Enterprises by September-end, Nifty will have two Adani group constituents

Alliance Air pilots go on strike over salary, demad pre-covid level pay

In the wake of the pandemic, the salaries were cut by 60 per cent and till now, the pay has not been fully restored, one of the sources said

Unionisation, first challenge brewing for Narasimhan as Starbucks CEO

Narasimhan holds a degree in mechanical engineering from the College of Engineering, University of Pune, India

Google to extend third party billing to developers in India, other nations

A reasonable service fee will continue to apply to support investments in Android and google Play

Akasa, IndiGo slash fares as competition heats up in domestic market

Prices lower by 20-25% on Akasa Air's three routes, discounts being offered even for close-in travel

SpiceJet likely to get funds under govt's credit guarantee scheme next week

SpiceJet, which is facing financial headwinds, is likely to receive around Rs 225 crore under the government's credit guarantee scheme next week, according to a source

Air India to redesign flight schedules to improve OTP: CEO Wilson

Air India's on-time performance at four metro airports -- Bengaluru, Delhi, Hyderabad and Mumbai -- was 83 per cent in July: DGCA

Blue Energy Motors unveils India's first LNG-fuelled green truck near Pune

Firm claims the engines generate high torque and help trucks deliver best-in-class total cost of ownership and offer unmatched ride comfort and safety for long hauls

SpiceJet likely to get Rs 225 crore next week under ECLGS to clear dues

The airline has been making losses for the last 4 years. Moreover, it is currently operating less than 50% flights, following the July 27 order DGCA in the wake of a spate of incidents.

3D-printed homes, implants, jewellery: An industry takes shape in India

High equipment costs and shortage of skilled manpower a challenge, despite MeitY push