Page 2089 - Company News

Vedanta Ltd's aluminium, zinc output grow 8%; iron ore 18% in Jan-Mar '22

Mining giant Vedanta Limited reported a rise of 8 per cent in its production of aluminium and zinc and that of iron ore by 18 per cent during the quarter ended March 31, 2022

HDFC's merger to be booster shot for HDFC Bank, diversify its revenues: S&P

Profitability could to take hit in the short run

HDFC, HDFC Bank merger may get regulatory approvals in 15-18 months: Parekh

"It will take about 15 to 18 months. We are quite hopeful that we will get the approvals from the regulators," Parekh said

HDFC chairman Deepak Parekh explains what led to the mega merger

Parekh said he is confident that the regulators will approve the merger scheme announced earlier in the day

Merger to unlock value for HDFC Bank, positive for macro economy: Brokerage

The merged entity could become the highest weightage single company in the Nifty 50 basket, the brokerage house said.

HDFC, HDFC Bank combined m-cap topples TCS' on merger announcement

Mirroring the rally in the stock, market capitalisation of HDFC zoomed to Rs 4,85,691.18 crore

SC asks Amazon, Future to urge Delhi HC to hear pleas of US firm first

It has been alleged by Amazon that on March 3, as many as 600 stores of FRL were taken away by Reliance

Bank consortium gives final nod of Rs 1,500 cr for Amrapali projects: SC

Let the needful be done within seven days from today, the bench said

Trell in final stages of selling stake in AppsForBharat in $8-9 mn deal

AppsForBharat is a spiritual content platform founded by Prashant Sachan, one of the co-founders of Trell, who left the social commerce company at the end of 2020

Amazon, FRL agree in SC to appear before Singapore Int'l Arbitration Centre

Last month, Amazon alleged that 80 per cent of FRL shops have been surrendered to Reliance

IndiGo suspends pilots for planning strike to protest pay cuts

During the peak of the pandemic, India's largest airline had cut the salaries of its pilots by as much as 30 per cent

U GRO Capital appoints Smita Aggarwal as additional independent director

U GRO Capital's AUM had risen to Rs 2,589 crore and its branch network stood at 82

Manganese ore miner MOIL's FY22 turnover grows 22% to Rs 1,436 crore

Its total sales increased by 6 per cent to 12.12 LT, from 11.43 LT in 2020-21

Former Aviation Joint Secy appointed as Principal Advisor to IndiGo's MD

Presently, he serves on the Board of CAE Simulation Training Private Limited, which is a pilot training organization

AMNS India installing advanced CRM at Hazira plant under Rs 8,500-cr plan

The company is aiming to commission the CRM by 2024, ArcelorMittal Nippon Steel (AMNS) India said in a statement

Real estate group Alliance sells 3,686 homes worth Rs 2,290 cr in FY22

The company has lined up new launches of over 25 mn sq ft of residential projects for FY23

Tangedco to raise Rs 7,600 cr via bonds; may import coal for summer demand

Tamil Nadu's state power utility has decided to import 4.8 lakh tonnes of coal as demand surges

Tata Power Renewables commissions 300MW solar plant in Gujarat

"It is India's largest single-axis solar tracker system," a company statement said.

Kalyan Jewellers to raise up to $ 200 mn, overseas bond gets S&P 'B' rating

Raised funds by Kalyan Jewellers will be used for refinancing borrowings, payment of transaction fees, and general corporate purposes.

Bajaj Auto reports 20% decline in total vehicle sales in March

Total two-wheelers sales dropped 22 per cent