Page 2065 - Company News

Affordable offerings help Coca-Cola raise its customer base in India

In the January-March quarter, this strategy yielded results with more than 500 million incremental transactions added in India, which is a nearly 20 per cent rise

TVS Racing, Petronas join hands to launch co-branded lubricant oil

The tie up will target the domestic market for now

Air India takes Rs 60,800 cr cover for its fleet, paid Rs 266 cr premium

Under new policy, Air India can't fly in Russia, Ukrainian airspace due to war

Amazon partners with farmers to scale up grocery network across India

The e-commerce giant seeks to expand its supply chain network across the country to provide groceries like fruits and vegetables to customers

Local vs foreign: How a creditor revolt scuttled RIL's Future Retail deal

FRL's offshore bondholders -- a relatively smaller part of the creditor pool -- were promised 100% payment, while local lenders were asked to take a haircut

Sprng Energy nearing Rs 13,500 cr sale to Shell, agreement in two weeks

Shell was among the bidders for Sprng, along with Adani Group and renewable energy firm Greenko.

Future Group to focus on saving, rebuilding firms as Reliance deal rejected

However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before NCLT

Brands are betting big on fashion and collaborating with designers

Featuring 40 designer showcases, the season had 20 sponsors

BHEL to supply 6 electric locomotives to NTPC for material handling ops

The locomotives will be manufactured at the company's facility in Jhansi, Uttar Pradesh

Logos to buy Shriram Properties 90 acre land in Kolkata for logistics park

Realty firm Shriram Properties Ltd on Monday said it plans to sell up to 90 acres of land in Kolkata to Logos for development of logistics and warehousing park.

Zypp Electric raises $1 mn from Northern Arc to expand EV fleet service

Zypp is growing its user base on Zypp rentals at 300 per cent month-on-month with the plans of expansion and investment on more scooters under its fleet, it said

TCS to take decade-long relationship with SBI Cards to a new level

The tech firm will expand the next leg of digital transformation at SBI Cards

School fees-focused fintech app Zenda raises $9.4 mn in seed round

Using Zenda, families can track dues and make payments through a multitude of pay-now and pay-later options, and unlock rewards for paying on time

Waning demand for LIC IPO highlights fiscal challenges for PM Modi

Life Insurance Corporation of India's board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far lower than the Rs 500 billion estimated before Russia invaded Ukraine

Top headlines: LIC valuation, Ola to recall units, and more

Read out the top news headlines and other important topics for the day and related information in the section below.

IT companies may not follow HCL Technologies on freshers' salary

Though HCL Tech has bit the bullet, industry majors, which too are battling high attrition, have not given any such signal, so far.

Valuation of IPO-bound LIC based on global peers' m-cap, return prospects

The government believes LIC's valuation would surge, following the insurer's lisiting

Early bird Q4 results hint at slowdown for India Inc in upcoming quarters

Though sales surged 15.1% YoY in Q4, the growth was slower sequentially

Religare Enterprises pays Rs 5.41 cr to Sebi to settle legacy issues

NBFC Religare Enterprises Ltd (REL) on Sunday said it has paid Rs 5.41 crore to market regulator Sebi to settle its past cases.

ONGC commissions Rs 6,000 crore projects to boost oil, gas output

ONGC has commissioned two projects costing Rs 6,000 crore to add 7.5 million tonnes of oil production and 1 billion cubic meters of gas output over the life of the Mumbai High fields