Page 1943 - Company News

IndiGo says no smoke was detected on Raipur-Indore flight on Tuesday

The statement comes a day DGCA officials said the cabin crew of the IndiGo Raipur-Indore flight observed smoke in the plane after it landed at its destination on Tuesday

IndiGo hikes pilot salaries by a further 8%, restores overtime allowance

The airline has made changes to its HR policies to reinstate the work pattern of crew under which they will earn more, but there will be fewer leaves

ICICI, Axis, HDFC Bank allowed to offer services to DefMin in global buys

These private banks will provide Letter of Credit (LC) and direct bank transfer business for overseas procurement by the defence ministry

Akasa Air gets air operator certificate from DGCA; to take off by July-end

The airline hopes to have 18 aircrafts by the end of financial year (FY) 2023

Aviation in focus: SpiceJet stock has worst showing in Asia Pacific region

A settlement with Boeing on 737 Max on outstanding claims last November was a positive trigger for the stock

Centre seeks bids from i-bankers to assist stake sale in Hindustan Zinc

The Centre plans to sell its residual stake in the company promoted by Vedanta in open market in tranches, the proposal said

Jaguar Land Rover reports 37% decline in retails sales in June quarter

JLR, however, said it continues to see strong demand for its products, with global retail orders again setting new records in the quarter

Burman family become promoters of Eveready, will appoint directors

The Burmans are expected to appoint three non-executive directors to the Eveready board

Rajesh Nambiar loses 'executive' role at Cognizant, to remain India head

Rajesh Nambiar shall remain Cognizant CMD and executive Vice-President of India

Food firm iD Fresh grants ESOP, says it aims to create '100 crorepatis'

iD Fresh said it aims to create 100 millionaires in the next three years by offering employees high-value shares (ESOPS)

Byju's strengthens senior leadership in tech-first approach to growth

Early this year, Byju's had announced the appointment of Mani Bansal and Maneesh Agrawal to lead key tech functions in an effort towards strengthening its tech vertical

Tata Power plans Rs 75k-cr capex push in green energy: Chandrasekaran

Company advances net-zero carbon target by five years, saying will achieve it by 2045

Indian startups raised $6.9bn in the June quarter, down 33% sequentially

They raised $6.9 bn in Q2CY22 against $10.3 billion raised in Q1CY22; funding winter is a result of the market slowdown

Aggressive expansion, higher demand to drive more gains for Titan

Firm's high-margin jewellery Q1 sales were comparable to pre-Covid-19 levels

Petronet touches 3000 LNG ship handling at Dahej terminal, to up capacity

Petronet said is undertaking a highly cost-effective expansion of its regasification capacity of the Dahej LNG Terminal, from 17.5 to 22.5 million tonnes per annum

Couture gets corporate push as designers get capital, support for vision

S&N by Shantanu & Nikhil also has a very robust D2C vertical, and e-commerce is something we started during Covid times. All of this has only been possible because of this merger with ABFRL

Muted Q1 may cap upsides in Marico stock as leading brands underperform

Volumes for consumer major's India business below estimates

Mistakes make a Meesho: What founder Vidit Aatrey learned from failed ideas

Meesho discovered its successful business model the hard way

Sanjiv Puri elected CII VP for FY23, R Dinesh as President Designate

ITC chairman and managing director Sanjiv Puri has been elected the Vice President of CII for 2022-23, while TVS Supply Chain Solutions Executive R Dinesh has become the new President De

Power Finance Corporation inks loan pact with JBIC for JPY 30 bn

The funds would be used by PFC to finance its renewable energy portfolio