Page 1858 - Company News

Commercial vehicle volumes to stay resilient as recovery takes hold in FY23

Margin pressures may continue on competitive pressures, input cost inflation

Glenmark Pharma launches Ryaltris nasal spray for allergic rhintis in US

British drugmaker Hikma to distribute Ryaltris while Glenmark will manufacture it

Breach of cross-holding norms: Fairfax seeks consent settlement with Sebi

Canadian billionaire Prem Watsa's firm holds over 10% stake in two AMCs

FTTH or FWA? Airtel, Jio take opposing views on which service to offer

Unlike Jio, Airtel won't go for FWA unless the cost of 5G routers dips below $50

WhatsApp-JioMart to help RIL take on Amazon and Flipkart, experts say

Experts say the partnership will give JioMart access to over 487 million WhatsApp users in India. Experts say that the total annualised active e-commerce users in the country are only 200 million.

Zomato launches 'intercity legends', now order from anywhere in India

Order popular, authentic dishes from anywhere and have them delivered to your doorstep

Govt may invite financial bids for Shipping Corp sale in March quarter

The government is likely to invite financial bids for privatisation of state-owned Shipping Corporation of India (SCI) in the March quarter

Govt terminates Ranganathan as GAIL director; repatriates him to ED post

The government has terminated ES Ranganathan as director (marketing) of GAIL (India) Ltd and repatriated him as executive director of the company, the state-owned firm said

CIL hasn't raised prices in 4 yrs, planning to list BCCL, CMPDI: Chairman

Coal India Ltd chairman said the miner has not raised prices of the dry fuel in the last four years to ensure its supply at competitive prices to consumers compared to the international market

Capt R S Sandhu to continue as Chief of Operations of Air India

Air India announced that Captain Rajwinder Singh Sandhu will continue to lead as Chief of Operations of the airline till further notice

Netherlands: Tata Steel to invest over 65 mn euros for hydrogen-based mfg

Tata Steel on Tuesday said it will invest more than 65 million euros for hydrogen-based steel manufacturing in the Netherlands

Shriram Transport to raise Rs 5k cr in second half of FY23 to fund growth

Most of the fund-raising is likely to be via non-convertible debentures with a maturity of three years, Umesh Revankar, managing director of STFC added.

IndiGo CEO agrees to 2-year non-compete curbs after stepping down in Sep

Ronojoy Dutta, who will be stepping down next month, agreed to an enhanced two-year non-compete period wherein he will not engage with any business that is similar or in competition with the company

NHPC to sell hydro power to PTC India from upcoming Nepal projects

State-run hydro power giant NHPC has inked a pact with PTC India to supply electricity to be generated from upcoming West Seti & Seti River-6 projects in Nepal, a statement said

MSH aims to onboard 10,000 start-ups from 3,000 currently in next 3-4 years

MSH has launched schemes with total corpus of Rs 700 crore, intends to bring corporate and national start-up mentorship ecosystems on a single digital platform

Promoters to infuse Rs 800 cr into Inox Wind by subscribing debt

The promoters of the leading wind energy solutions provider Inox Wind will be infusing around Rs 800 crore by subscribing to debt as part of deleveraging

Dish TV Chairman Jawahar Goel to vacate office at ensuing AGM in Sept

Direct-to-Home operator Dish TV on Tuesday said its Chairman Jawahar Lal Goel will vacate his position at the company's upcoming AGM on September 26, 2022

Adani Electricity invests Rs 500 cr for smart meter installations in Mumbai

The power discom, a unit of the listed Adani Transmission, said the 7 lakh smart meters is the first phase target and the remaining 20 lakh consumers will get smart meters by the end of FY25

VIL shareholders approve Moondra as CEO; Takkar becomes non-exec director

Shareholders of Vodafone Idea have approved elevation of company's chief financial officer Akshaya Moondra as new chief executive officer, according to voting result of the annual general meeting

Tata Steel infuses around Rs 54 cr in TSML via additional shares

The funds will be used by TSML to meet capital expenditure requirements, a regulatory filing said.