Page 190 - Company News

JAL bid: Vedanta offers ₹4,000 cr upfront payment, rest over 5-6 years

With this, the Anil Agarwal-owned mining conglomerate's bid carries a net present value of ₹12,505 crore in the auction conducted by lenders to find buyers for JAL

Oyo parent Oravel Stays rebrands to Prism to reflect global portfolio

Oravel Stays, parent of Oyo, has rebranded to PRISM, a new identity uniting its growing portfolio across budget stays, premium hotels, vacation homes and tech solutions

Hyundai to cut prices by up to ₹2.4 lakh; Tata Motors by ₹4.65 lakh on CVs

The company said the price cut ranging between Rs 60,640 on Verna to Rs 2.4 lakh on premium SUV Tucson will be applicable from September 22

HAL issue clarification after reports of defect in ALH helicopters

HAL stated that the report presents One-sided view with misleading commentary on the orders issued by the Indian Army for a one-time check of ALH helicopters

India could be LinkedIn's top market in 2-3 yrs: Country head Pattabiraman

Pattabiraman described India as the 'signpost' for the global future of work

BPCL's ₹1 trn refinery project in Andhra gets EAC nod to prepare ToR

Bharat Petroleum Corporation Limited is proposing to set up the plant at Chevuru Village, Gudlur Mandal, Sri Potti Sriramulu Nellore District in AP

Oyo renames parent entity Oravel Stays to Prism to unify global brands

Prism will serve as the umbrella for all our diverse businesses, helping us work more efficiently and clearly communicate who we are, founder Ritesh Agarwal said

AstraZeneca's lung cancer combination boosted survival in key study

The combination helped patients with a specific type of advanced non-small cell lung cancer live for 47.5 months at the median, the longest survival benefit ever reported

Adani Group looks to invest $60 bn in power, RE sectors till FY32

In an investor presentation, Adani Power said the group plans $21 billion investment by FY30 to scale up renewable energy capacity to 50 GW from 14.2 GW as of FY25

GST cut to ensure Yezdi, Jawa bikes shine like nobody else: Classic Legends

The bikes of the two brands will cost less than Rs 2 lakh once the new rate of the revised goods and services tax (GST) kicks in

Mitsui to operate ONGC's ethane carriers, equity plan under discussion

ONGC has entered into a partnership to build, own and operate two very large ethane carriers (VLECs)

PhysicsWallah files updated draft papers with Sebi, eyes ₹3,820 cr via IPO

The proposed IPO comprises a fresh issue of equity shares worth Rs 3,100 crore and an offer for sale (OFS) of shares aggregating up to Rs 720 crore by promoters

Court bars reporters, activists from publishing defamatory content on Adani

In an interim order, the court also directed the journalists and foreign-linked NGOs to remove alleged defamatory material against the firm from articles and social media posts

Max Estates buys 7.25-acre Gurugram land at Rs 534 cr for housing project

The land parcel has a group housing development potential of 1.3 mn square feet, and will complement its Estate 360 project located on Dwarka Expressway in Sector 36A

Mahindra passes on GST cuts; Tata, Renault follow with price reductions

Automakers slash prices up to ₹1.56 lakh as GST 2.0 rationalises tax slabs, with Mahindra leading the move ahead of the September 22 deadline

Adani Power, Druk Green to build 570 MW hydroelectric project in Bhutan

The ₹6,000 crore Wangchhu project, for which agreements were signed today, will meet Bhutan's winter energy demand, with the surplus exported to India in the summer

Max Estates buys 7.5-acre Gurugram land to build project worth ₹3,000 crore

Base Buildwell is a special purpose vehicle holding licence and development rights over the 7.25-acre land parcel located at Sector 59, Golf Course Extension Road in Gurugram

Ola Electric auditor flags 'material weakness' in inventory controls

Ola Electric's auditor flagged weak inventory controls at its main unit, as SoftBank and automakers cut stakes and regulators probe sales and consumer complaints

Vedanta outbids Adani to buy bankrupt JAL with ₹17,000 crore offer

With net present value of ₹12,505 crore, bid highest recovery plan placed so far

India continues to be a market with long-term potential: Coca-Cola COO

Coca-Cola COO Henrique Braun said India remains a long-term growth market with expanding consumer base, rising drink frequency and steady capacity investments