Page 2117 - Company News

Dredging Corporation signs major ship building pact with Cochin Shipyard

The shipyard signed a building agreement with Dredging Corporation of India to build India's first 12,000 cubic meter dredger

FabIndia preps for IPO, seeks ESG investors without ticking 'green boxes'

Company is in talks with ESG funds and will make decisions on its investor lineup after stock market regulator clears its first-time share sale.

M&As add to the growth engine for Persistent Systems' stock: Brokerages

The stock remains one of the top picks among brokerages in the mid-cap IT space

Multiple headwinds override valuation comfort in Maruti Suzuki

While earnings estimates are cut, analysts hint at volume and margin recovery

Amazon closes $8.5-bn MGM deal after regulators decline to oppose It

Amazon shares were little changed at $3,062.67 at 9:35 a.m. in New York.

TCS bags multi-year contract from Australia's Western Power

Under the multi-year partnership, TCS has been selected as the primary systems integrator across multiple domains including asset management and network operations

HDFC Capital to buy 7.2% stake in realty start-up Loyalie IT Solutions

Loyalie had in January raised Rs 5 crore from investors, including Inflection Point Ventures, to expand and grow its business

Dredging Corp signs major ship building pact with Cochin Shipyard

The agreement is for constructing the first beagle series 12 trailing suction hopper dredger, an official statement said

Working with authorities to get air operator certificate re-validated: Jet

According to a company statement, the restart activities are 'progressing well'

Bharat Petroleum launches voice-based LPG booking, payment facility

BPCL is the first company in India to offer its service to consumers after the RBI Governor announced the launch of UPI 123PAY last week

Top headlines: Oil PSUs buy cheaper Russian crude; JPM cuts Indian shares

Business Standard brings you the top headlines on Thursday

Piramal Capital ties up with IMGC to offer home loans of Rs 5 lakh-75 lakh

Under this arrangement, India Mortgage Guarantee Corporation (IMGC) will provide guarantee on a part of the loan so that it is secured in case of a default

After IOC, HPCL buys 2 mn bbl Russian crude, MRPL seeks 1 mn bbl

Western sanctions on Russia over its invasion of Ukraine has prompted many companies and countries to shun its oil. This has led to Russian crude being available in the market at deep discounts

Brookfield pumps in Rs 2k cr into Jindal Poly Films' packaging films unit

The proposed investment, which values the hived off entity at Rs 8,000 crore, will be carried out through Brookfield's Special Investments programme and with its institutional partners

Domestic leisure to be strong even after overseas travel resumes: Experts

Temperatures are running high for those in the travel and hospitality business because they expect demand for both inbound and outbound travel to explode

InMobi's Glance sees active user base in India at 173 mn in Q4 2021

In terms of share across price bands, $150-$250 continued to be the largest segment for Glance

Meesho clocks 14 mn orders during Holi sale, surpasses peak Diwali demand

During the recently concluded Holi sale, the company saw nearly 80% of the demand coming from tier 2+ markets like Amravati, Aurangabad, Faizabad, Muzaffarpur and Silchar.

European consumer electronics firm Thomson eyes 10% market share in India

European consumer electronics firm Thomson on Thursday announced a range of air conditioners in India with an aim to capture 10 per cent market share.

Tamil Nadu power utility signs deals for 2,900 MW power

Tangedco has signed deals with Neyveli Lignite Corporation, Solar Energy Corporation of India Ltd and Power Trading Corporation of India Ltd for procurement of 2,900 MW of power.

Godrej Properties sells 855 homes worth Rs 1,650 crore in Noida project

Realty firm Godrej Properties Ltd on Thursday said it has sold 855 homes worth Rs 1,650 crore within a year of the launch of its project Godrej Woods in Noida.