Page 2189 - Company News
Minor impact of new Covid-19 wave on sales, says Abhishek Lodha
Realty firm Macrotech Developers saw a "minor" impact on housing demand in the first two weeks of January this year due to surge in Covid cases, MD & CEO Abhishek Lodha said
 "Minor impact of new Covid-19 wave on sales, says Abhishek Lodha")
Brokerages upgrade estimates on Maruti on new launches, positive guidance
An expected improvement in the availability of semiconductors and robust demand outlook in the passenger vehicle market is also driving the upgrades
 "Brokerages upgrade estimates on Maruti on new launches, positive guidance")
Uday Shankar, James Murdoch firm to pick up 39% stake in Viacom 18
Lupa India, the investment company set up by Uday Shankar and James Murdoch, is in the final stages of picking up a 39 per cent stake in Viacom 18
 "Uday Shankar, James Murdoch firm to pick up 39% stake in Viacom 18")
Tata group lone Indian brand in top 100: Brand Finance Global 500 report
RIL, Jio, Mahindra group, HDFC Bank all see dip in ranking
 "Tata group lone Indian brand in top 100: Brand Finance Global 500 report")
Good cycle for commodities will continue: JSW Steel's Seshagiri Rao
Steel prices cannot remain at the same level when coking coal prices have increased, says the senior executive
 "Good cycle for commodities will continue: JSW Steel's Seshagiri Rao")
JSW push to see Bhushan Power & Steel post best-ever performance in FY22
Firm has been able to achieve full capacity utilisation; Exports ramped up, accounted for 36% of sales mix in Q3FY22
 "JSW push to see Bhushan Power & Steel post best-ever performance in FY22")
o9 Solutions' valuation crosses $2.7 billion after $295 million funding
o9 Solutions raises $295 mn funding from General Atlantic, others
 "o9 Solutions' valuation crosses $2.7 billion after $295 million funding")
Ola, Uber among most data-hungry ride-hailing apps, says report
India's Ola is the 6th most data-hungry ride-hailing app in the world, while Rapido, an Indian bike-taxi aggregator collects the least amount of information
 "Ola, Uber among most data-hungry ride-hailing apps, says report")
Adani Wilmar IPO opens on Thursday to raise up to Rs 3,600 crore
Edible oil major Adani Wilmar will on Thursday hit the capital market to raise up to Rs 3,600 crore through its Initial Public Offer (IPO).
 "Adani Wilmar IPO opens on Thursday to raise up to Rs 3,600 crore")
Specialty chemicals maker Neogen's shares double in 1 year on PLI boost
Shares of Neogen Chemicals have more than doubled in the past one-year period after the Centre announced production-linked incentives (PLIs) for specialty chemical manufacturers.
 "Specialty chemicals maker Neogen's shares double in 1 year on PLI boost")
Essar sets up Vertex Hydrogen to help drive energy transition in the UK
Essar Oil UK holds 90 per cent stake in Vertex Hydrogen, while Progressive Energy Ltd has the remaining 10 per cent
 "Essar sets up Vertex Hydrogen to help drive energy transition in the UK")
Kinetic Green to invest Rs 100 cr in electric two-wheeler project with Aima
Pune-based Kinetic Green entered the rapidly-growing domestic electric two-wheeler space last year
 "Kinetic Green to invest Rs 100 cr in electric two-wheeler project with Aima")
Nissan recalls 793K Rogues in US, Canada; wiring trouble raises fire risk
The recall covers Nissan Rogue SUVs from the 2014 through 2016 model years
 "Nissan recalls 793K Rogues in US, Canada; wiring trouble raises fire risk")
Naina Lal Kidwai resigns from Cipla board
The veteran banker noted that she has put in her papers to fulfil several other responsibilities and professional commitments
 "Naina Lal Kidwai resigns from Cipla board")
Bharat Forge-backed Tork Motors launches e-motorcycle KRATOS, KRATOS-R
Bharat Forge-backed electric two-wheeler maker Tork Motors on Wednesday said it has launched its electric motorcycle KRATOS, along with a variant KRATOS-R, priced at Rs 1.08 lakh and Rs 1.23 lakh
 "Bharat Forge-backed Tork Motors launches e-motorcycle KRATOS, KRATOS-R")
Air India likely to be handed over to Tata group on Thursday
The Indian government is likely to hand over Air India to the Tata Group on Thursday, nearly 69 years after it was taken from the conglomerate
 "Air India likely to be handed over to Tata group on Thursday")
FIR against Amazon sellers for printing national symbols on products
An FIR has been registered in Bhopal against unidentified sellers on e-commerce giant Amazon for printing national symbols on various products, said police.
 "FIR against Amazon sellers for printing national symbols on products")
Feb, March to see increase in demand: Shriram Transport Finance
Signaling a return to normalcy, India's largest truck lender said its collection efficiency returned to 100 per cent in the second half of January after undergoing a brief blip in the first fortnight.
 "Feb, March to see increase in demand: Shriram Transport Finance")
Jio-bp opens EV charging hub in Delhi; petrol pump count inching up
A joint venture of Reliance Industries Ltd (RIL) and energy supermajor BP has opened one of the country's largest EV charging hubs in Delhi, as the duo scale up the fuel retail network
 "Jio-bp opens EV charging hub in Delhi; petrol pump count inching up")
Nitin Paranjpe is Unilever chief people officer for business transformation
Consumer goods company plans a new organisation model that will reduce senior management roles by around 15%
 "Nitin Paranjpe is Unilever chief people officer for business transformation")