Page 1946 - Company News

Apollo Hospitals, Singapore firm enhance AI-based tech for cardiac diseases

Move aimed to enable healthcare providers to predict risk of cardiac disease in patients and start intervention early

India Inc hiring intent up 7% in September quarter: TeamLease report

Indian firms top on this metric among major global markets; intent to hire at 64% in Sept quarter, up from 54% in previous three-month period; could touch 70% in next few quarters

ED issues notices to CoinSwitch, CoinDCX; seeks info under FEMA case

A few firms, including CoinSwitch and CoinDCX dealing in cryptocurrency have been asked by the Enforcement Directorate (ED) to submit some documents in connection with an ongoing case of the FEMA

Maruti Suzuki not to have pure petrol cars in a decade, says official

Maruti Suzuki is also focusing on growing its sport utility vehicle portfolio and the market share in that segment

Flights to India will return to pre-pandemic levels by October: SIA

Singapore's flag carrier will progressively operate 17 weekly flights to Chennai, up from the current 10 flights per week, it said on Tuesday

Clear strengthens compliance suite; acquires CimplyFive for undisclosed sum

This is Clear's second company acquisition in 2022 after it acquired Xpedize, an invoice discounting platform, in March

BharatPe back on track after Ashneer controversy, records 112% growth

BharatPe said it also reached an all-time high of $18.5 billion in annualised total payment value (TPV) -- a growth of 50 per cent over the last quarter

Mass leave by the cabin crew an aberration, ready for growth: IndiGo

IndiGo is hiring for replacement and expansion. Around 1,500 in the cabin crew are under training and will join operations over the next few weeks

7th crisis in 2 months for SpiceJet: Two planes in mid-air scare on Tuesday

Delhi-Dubai flight diverted to Karachi over faulty indicator light; another plane from Kandla makes priority landing in Mumbai as windshield cracks

Delhi HC rejects CBI plea for custody of four accused in Biocon case

The high court, however, directed the jail superintendent to hand over the custody of associate vice president of Biocon Biologics L Praveen Kumar

NTPC mines 61% more coal at 4.22 mn metric tonnes in April-June

The production of coal during the month of June 2022 almost doubled to 15.55 lakh MT from 7.73 lakh MT in the same month a year ago

Cost pressure may spike default rates among lower-rated firms: Crisil

Sub-investment grade MSMEs are at high risk; sunset for pandemic-induced relief measures to have a bearing too

Adani Power to seek shareholder approval for Rs 5,000-crore project

The proposed transaction will involve the sale by Adani Power of its special purpose vehicles or subsidiaries to AdaniConneX

Tata Motors wins case against firm that won contract to supply e-buses

Tata Motors had challenged the tender Brihanmumbai Electric Supply & Transport awarded to Evey for supplying 2,100 electric buses

Export levy impact: Tata Steel deliveries drop 2% YoY despite higher output

Tata Steel said domestic despatches were up 5% YoY, leveraging a strong marketing network and an agile business model

Three companies planning chip units close in on technology partners

Sources say that while Intel has ratified the deal, it cannot commit itself on paper until all legal approvals for the acquisition are completed

Sales growth likely to sow seeds of distress for agrochem players

Exporters could do better as domestic firms are hit by monsoon delay

How the Ukraine war may give wings to Jet airways' international plans

Jet Airways plans to lease 20 Airbus A320s by 2024

Ola may lay off up to 500 employees in order to drive cost-efficiency

Layoffs may take place across Ola departments amid challenging funding environment and delay in listing plans

Lenders tag Bajaj Hindusthan as NPA, debt recast plan under discussion

Bajaj Hindusthan has defaulted to banks, UP farmers; says restructuring proposal is in accordance with RBI circular of June 7, 2019