Page 2084 - Company News

Sterling Holiday Resorts appoints Vikram Lalvani MD & CEO

He takes over from Ramesh Ramanathan, who continues to be the Chairman of the company, Sterling Holiday Resorts said in a statement

Renault ties up with CSC Grameen e-Stores to open 300 booking centres

Automaker Renault India on Monday said it has opened 300 booking centres across the country in collaboration with CSC Grameen e-Stores

Volkswagen drives in Polo Legend Edition to mark 12 years of hatchback

The Polo Legend edition is priced at Rs 10.25 lakh (ex-showroom) onwards

Flipkart launches rural area- and women-focused Flipkart Foundation

Aims to positively impact 20 million lives directly and indirectly over the next decade

Mahindra Electric Mobility launches Alfa CNG's passenger, cargo variants

Mahindra Electric Mobility Ltd, part of Mahindra Group, on Monday launched its new Alfa CNG passenger and cargo variants with price starting at Rs 2.57 lakh (ex-showroom Lucknow)

Vodafone raises stake in debt-ridden Vi to 47.61% through Prime Metals

The company earlier held 44.39 per cent stake in Vodafone Idea Limited (VIL)

Cheap tickets to stay as India's airlines squabble on fare hikes

IndiGo is unperturbed by criticism as well as calls from smaller rival SpiceJet for airlines to work together to raise fares, even if that causes a slight dip in bookings

IndiGo suspends 5 pilots for protesting pay cuts, may act against 15 more

A group of IndiGo pilots are trying to report sick on Tuesday protesting, delay of restoration of salary cuts

'No impact of WHO action on Covaxin, not supplied to any UN agency'

Bharat Biotech also said the WHO announcement will not impact the Ocugen trials

Two independent directors of debt-ridden Future Enterprises resign

All 19 companies would be consolidated into one entity -- FEL -- and then transferred to RRVL

Amazon, Future to appear before Singapore International Arbitration Centre

SC asks both parties to urge Delhi HC to hear enforcement pleas of US firm first

Paytm Payments Bank still to appoint firm for IT audit: MoS

The Paytm Payments Bank has not yet appointed a firm which will conduct an audit of its information technology (IT) systems, minister of state for finance Bhagwat Karad said

Suspected tech snag forces Lucknow-bound IndiGo flight to return to Nagpur

An IndiGo statement said its flight 6E-7074, operating from Nagpur to Lucknow, "returned to origin after take-off following a suspected momentary technical snag"

HDFC twins merge in $40-billion deal: The making of a behemoth

The merged entity would be the second-biggest in terms of m-cap (Rs 14.05 trillion), ahead of TCS but behind RIL

Cost savings, higher volumes and lower valuations strengthen JSPL outlook

In the near term, JSPL has won contracts in Europe filling the gap caused by Ukraine War. In the longer term, it hopes capacity expansions will boost volumes, making up for possibly lower realisations

PVR-Inox combined pipeline at 2,000 screens; plan to double in seven years

PVR operates 871 screens across 181 properties in 73 cities while INOX operates 675 screens across 160 properties in 72 cities

Agritech venture capital firm Omnivore to set up Rs 1,000 crore fund

The new fund will continue to invest in early-stage startups developing breakthrough technologies for agriculture, food, climate, and the rural economy

Embassy REIT raises Rs 1,000 crore via 5-year paper to fund operations

The coupon rate on these bonds is 7.35 per cent

CCI to probe Zomato, Swiggy for alleged unfair business practices

CCI said allegations such as delayed payment cycle, imposition of one-sided clauses and exorbitant commission require investigation

CCI approves deal involving stake purchase in Hero FinCorp

The acquirer is owned by investment funds managed by affiliates of Apollo Management, L.P. Apollo Management, L.P., its affiliates, and investment funds managed by its affiliates