Page 2210 - Company News

Convergence Energy Services floats biggest ever tender for electric buses

Aims to deploy 5450 single decker buses and 130 double decker buses through the scheme

Q3 sales updates, new launches point to strong outlook for realty stocks

Street expects sales momentum to continue despite the concerns on Omicron

ReNew Power joins hands with Fluence to offer energy storage solutions

The 50:50 JV will target the country's storage market, which is estimated to grow to 27 GW by 2030

Sequoia Capital India expands West Asia foray with debut deal

Sequoia Capital India has made its first investment in the Persian Gulf region

Jalan-Kalrock consortium asked to share resolution plan with Jet's workmen

The Association of Aggrieved Workmen of Jet Airways (India) Ltd had sought a copy of the approved resolution plan and the latest direction from NCLAT has come on a plea filed by the association

NCLAT okays ArcelorMittal resolution plan for Odisha Slurry Pipeline Infra

Tribunal dismissing a raft of appeals including those filed by SREI entities

India's plant-based meat market likely to touch $500 mn in three years

The country's plant-based meat market is estimated at $30-40 mn

HUL Q3 surpasses estimates even as rural growth remains impacted

Net profit up 18.6% on 10.3% rise in revenue; says near-term outlook uncertain as growth moderating, inflation high

Air India resumes US flights following Boeing clearance on 5G impact

Flight to New York departs Thursday morning, those to Chicago and San Francisco from Delhi in the afternoon

Walmart invites Indian sellers to join its US marketplace

India is already one of the top sourcing markets for Walmart and the retail major has set an ambitious goal of exporting USD 10 billion from India each year by 2027

Havells net profit down 12.7% to Rs 305.82 crore in third quarter

The company had posted a consolidated net profit of Rs 350.14 crore in the October-December quarter a year ago

WNS Holdings net profit rises 10.6% to $34.3 million in third quarter

Despite the ongoing pandemic-related volatility and pressure associated with tight global labour markets, WNS continues to perform well and deliver solid financial results, a company official said

Jio, Estonia's University of Oulu sign pact for collaboration on 6G tech

Jio Platforms is the parent of telecom player Reliance Jio

Emcure Pharma's Rs 5,000-crore IPO to hit market early next month

The company will utilize Rs 947 crore from the proceeds of the issue to repay/prepay debt which as of March 2021 stood at Rs 1,252.6 crore

77% cos believe startups aiding employment scenario in India: Report

A survey has revealed that 77 per cent of respondents believe these new-age firms have a positive role in boosting the employment scenario in the country.

Hero MotoCorp commences bookings for next lot of XPulse 200 4 Valve

The company has started accepting bookings for the second batch after the first lot was completely sold out

Partner earnings rise 11% q-o-q, says Urban Company's earnings index for Q3

Urban Company partners earned an average of Rs 297 per hour, net of commissions, fee and all associated product and travel costs.

PTC India Fin trashes charges, says following best governance practices

Stock tanks 18.3% as independent directors resign

Insolvency: Videocon lenders invite fresh expressions of interest by Feb 2

This, after the insolvency appellate tribunal rejected the approval of Rs 2,692 crore bid by Vedanta Chairman Anil Agarwal-promoted Twin Star Technologies earlier this month

OPEC's share of Indian oil imports falls to lowest in at least 15 years

By Nidhi Verma and Gavin Maguire