Page 20 - Company News

APSEZ cargo handling hits record 50 mn tonnes, rises 19% in August

Cargo handled by India's largest port operator rose 19 per cent from 41.9 million tonnes a year earlier, according to the company

Metropolis eyes Rs 2,500-cr-plus revenue in 3 years; M&A could add upside

Diagnostics chain plans to sweat existing lab infrastructure, expand company-owned centres from 750 to 1,000

Essel Group's Subhash Chandra opposes formation of 5-member NCLT bench

NCLT on Tuesday barred Essel Group Chairman Chandra from alienating his assets and stayed an order allowing him to settle claims arising from personal guarantees on group borrowings for about ₹6.5 cr

BP Plc appoints Ian Tyler chairman after unexpected ouster of predecessor

Tyler, who was previously chair of Cairn Energy Plc, currently holds that position at Grafton Group Plc and is also senior independent director of Anglo American Plc

SC allows Oil India to file plea on rejection of drilling at national park

The company said that the authorities wrongly applied the Supreme Court's April 26, 2023 judgment prohibiting mining within national parks and wildlife sanctuaries

Tata Motors secures all prior regulatory approvals for Iveco acquisition

The European Central Bank has granted the remaining authorisation, clearing all prior sector-regulatory approvals required for Tata Motors' voluntary tender offer

Coal India to sell 10% stake in subsidiary Mahanadi Coalfields' IPO

State-run Coal India is ‌offloading up to 661.8 million shares in its unit, according to the prospectus

Tata Sons chairman search hits roadblock over trust's nomination delay

The search process is being held up because Sir Ratan Tata Trust remains barred from conducting internal meetings under restrictions tied to an ongoing probe

Tata Elxsi inks pact with Sarla Aviation to make air taxi platform Shunya

Design and technology services firm Tata Elxsi said it has signed an initial pact with startup Sarla Aviation to collaborate on the development of the Bengaluru-based firm's air taxi platform Shunya

Companies struggle to derive real value from AI: Wipro CTO Sandhya Arun

Wipro CTO Sandhya Arun says scale, advantage, trust and adoption need to align for enterprises to derive meaningful value from artificial intelligence

Merger with ITC Infotech to help in big deals: Happiest Minds CEO

Combined entity will bring together digital engineering, cybersecurity and AI capabilities with strengths in SAP, enterprise applications and Industry 4.0 offerings

Amazon Now plans to expand quick-commerce footprint to 300 cities soon

Amazon's quick commerce business unit, Amazon Now, plans to expand its footprint to 300 cities nationwide soon, a top company official said on Tuesday.

Nalco gears up for next growth phase, steps up ₹30,000 crore expansion

State-run aluminium producer pushes ahead with new smelter, captive power plant and mining projects as its Damanjodi refinery expansion enters commissioning phase

AM/NS India ties up with ICAR-IARI to study iron ore tailings in farming

Partnership will study the use of mining byproduct containing silica, iron oxides and other nutrients in crops such as paddy, wheat and vegetables

Zetwerk pushes deeper into product design as ODM share nearly doubles

Design-led contracts accounted for 13.93% of manufacturing GMV in FY26, up from 7.65% three years earlier, as Zetwerk moves into engineering and co-creation

Vodafone Idea onboards Shah Rukh Khan as brand ambassador, unveils new logo

No 3 carrier changes logo, launches brand campaign with SRK teaser

Unacademy completes deal with Screwvala's upGrad at $200 mn valuation

Unacademy CEO Gaurav Munjal said the company chose the upGrad deal despite having Rs 900 crore in cash and the option to continue independently, calling it "the more ambitious path"

UBL sees positive demand momentum in Q2, invests ₹110 cr in Maha brewery

United Breweries Ltd (UBL) continues to see positive demand momentum in the first two months of the ongoing second quarter, driven by growth in premium brands, according to its MD and CEO, Vivek Gupta

NCLT bars Subhash Chandra from disposing of properties in insolvency case

A five-member NCLT bench said there was no majority view on Chandra's repayment plan and directed him not to alienate his properties directly or indirectly

Reliance Consumer Products enters ice-cream market with Bombay Creamery

Bombay Creamery will initially launch in western India before a nationwide rollout, offering cones, cups, tubs, bars and sticks at prices starting from Rs 10