Page 2163 - Company News

AI, AirAsia to carry each other's passengers in case of flight disruptions

Air India and AirAsia India have entered into an agreement that will allow them to carry each other's passengers in case there is a disruption of operations

Price hikes drive FMCG revenues in Q3, but margins see some pressure

Volumes were also under pressure as consumers cut back spending on high inflation

Ruchi Soya likely to launch Rs 4,300-cr public issue in last week of Feb

Edible oil firm Ruchi Soya is likely to hit the capital market with its follow-on public offer (FPO) in the last week of this month to raise up to Rs 4,300 crore, sources said.

Tata Power: Strong Q3 performance, but the valuations are high too

Analysts target prices vary, indicating an upside of upto 10 per cent to a downside of 5 per cent for the stock

RP must maintain digital records for eight years, physical for three: IBBI

Board amends CIRP rules to empower resolution professionals to convene a meeting of committee of creditors regardless of whether or not they have made such a request

Max Healthcare Institute signs deal to acquire Eqova Healthcare

Max Healthcare Institute on Friday said it has inked a deal to acquire Eqova Healthcare, a company with long-term exclusive rights to aid development and provide medical services to an upcoming 400-bed hospital.

Governance lapses report in BharatPe in 2 weeks: CEO Suhail Sameer

An interim report on the review of the governance process in BharatPe is expected in the next couple of weeks, CEO Suhail Sameer told employees in a letter.

OneWeb deploys 34 satellites; its in-orbit fleet now at 428 satellites

The latest move by the Low Earth Orbit (LEO) satellite communications company, brings its total in-orbit constellation to 428 satellites

Family arrangement on track, TVS groups start makeover exercise

As part of the restructuring exercise, each family group will get complete ownership of the businesses they manage while scrapping the holding company

Suzuki, Tata Motors, M&M, Bajaj among 20 cos selected under auto PLI scheme

New entrants like Hop Electric Manufacturing Private Limited, Ola Electric Technologies Private Limited have also been selected under new non-automotive investor

Serum backed Mylab to make and sell Covid-19 vax, working on 2-3 platforms

Partners with Shilpa Medicare to manufacture vaccines, therapeutics

Ashok Leyland wants to be the leader in CNG commercial vehicles

The share of commercial vehicle has constantly increased and is currently at 10 percent of the industry

YES Bank seeks redemption of tier-II bonds worth Rs 1,763 crore

This is part of its plan to retire high-cost instruments before close of the current financial

Revolut buys money transfer company Arvog Forex for undisclosed sum

The acquisition will strengthen Revolut's foundation in India and accelerate its plans to offer its remittance service and forex services to Indian customers

How Tata Steel's bid for ailing NINL fits in with the major's strategy

On January 31 - the eve of the Union Budget - Tata Steel Long Products, a subsidiary of Tata Steel, was declared the winning bidder for a 93.71 per cent stake in Neelachal Ispat Nigam Limited

IPL: All about one of India's first unicorns, what to expect from auction

It will be IPL's 15th season this April and this would be the fifth mega-auction, apart from the 10 earlier ones where only some players took part. That makes it one every 365 days

Dr Reddy's Laboratories inks exclusive sales pact with Novartis India

Dr Reddy's Laboratories has entered into an exclusive sales and distribution agreement with Novartis India Ltd (NIL), a statement said

Delhi HC to hear Amazon-Future cases over deal with Reliance on Feb 24

The Supreme Court had set aside the high court's order of February 2 last year, by which it had directed FRL to maintain the status quo concerning the merger deal

Ford reconsiders India after halting production, this time for EVs

In a statement on Friday, the company said it was 'exploring the possibility of using a plant in India as an export base for EV manufacturing'

Sona Company gets CCI nod for stake buy in Sajjan India New

The Competition Commission on Friday approved acquisition of certain stake in Sajjan India Ltd by Sona Company.