Page 2231 - Company News
Airlines forced to cancel flights as omicron hits demand and frontline crew
IndiGo to reduce 20% of capacity and waive change fees for all bookings
 "Airlines forced to cancel flights as omicron hits demand and frontline crew")
Is the Fairwork ratings on gig workers' condition a wake-up call?
Gig economy made itself known during the pandemic. The recent Fairwork ratings highlighted how well or poorly these workers of unorganised sectors were being treated by companies. A report
 "Is the Fairwork ratings on gig workers' condition a wake-up call?")
Jeep India positive about auto sector outlook; to launch new products
Jeep India, which posted a robust 130% volume growth last year, is positive about the outlook for the domestic automobile industry and is set to launch new products this year.
 "Jeep India positive about auto sector outlook; to launch new products")
Alliance Air issues tender to refurbish entire fleet of 18 ATR-72 aircraft
Alliance Air, a subsidiary of Air India, has issued a tender to refurbish its entire fleet of 18 ATR-72 aircraft.
 "Alliance Air issues tender to refurbish entire fleet of 18 ATR-72 aircraft")
Delay by DMRC in award execution costs taxpayers Rs 1.75 cr daily: DAMEPL
DAMEPL has told Delhi HC that DMRC is deliberately trying to delay the execution of the over Rs 4,600 cr arbitral award against it, which is costing taxpayers a daily interest of almost Rs 1.75 cr
 "Delay by DMRC in award execution costs taxpayers Rs 1.75 cr daily: DAMEPL")
Asian Paints: Giving its business model a fresh coat of paint
Over the past seven decades, Asian Paints has built India's largest paint dealer network of more than 70,000, from the 35,000 dealers in 2013-14 (FY14)
 "Asian Paints: Giving its business model a fresh coat of paint")
Last year's share buybacks were lowest since 2015, shows data
The average buyback amounts have fallen for listed firms, shows Prime data analysis
 "Last year's share buybacks were lowest since 2015, shows data")
Adani Mundra settles 2010 dispute with Gujarat Urja Vikas Nigam
To relinquish compensation from GUVNL and will not terminate PPA
 "Adani Mundra settles 2010 dispute with Gujarat Urja Vikas Nigam")
Amazon pulls CCI to NCLAT challenging suspension of 2019 Future deal
The US e-commerce giant's legal team is expected to make the argument that there was no misrepresentation of facts and all the information had been clearly mentioned.
 "Amazon pulls CCI to NCLAT challenging suspension of 2019 Future deal")
FMCG companies see customers pantry loading as Covid-19 cases spike
FMCG companies witnessed an increase in demand in the past two weeks as consumers stocked up in the wake of rise in Covid-19 cases across the country
 "FMCG companies see customers pantry loading as Covid-19 cases spike")
Building an empire: Reliance joins top league of PE players with bold bets
Spends $5.7 bn on stakes and acquisitions in four years; $9 bn if Future deal cleared
 "Building an empire: Reliance joins top league of PE players with bold bets")
Canadian court quashes seizure of AAI dues, limits action against Air India
Decisions are part of a judgment delivered by Superior Court of Quebec on pleas by India against separate garnishment orders which led to seizure of over $30 million
 "Canadian court quashes seizure of AAI dues, limits action against Air India")
YES Bank may offer Dish TV stake to Tata Sky and Bharti Airtel
The tussle between the lender and Dish TV promoters began in February last year
 "YES Bank may offer Dish TV stake to Tata Sky and Bharti Airtel")
DMRC in contempt of HC order, fails to furnish bank a/c info: RIL infra arm
The Reliance Infrastructure subsidiary, DAMEPL has filed an application in the Delhi High Court on January 7 stating that DMRC in contempt, has failed to comply with the last order of the court
Adani Group set up new subsidiary ANIL for new energy business
Billionaire Gautam Adani's logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen projects, generation of low carbon electricity among others
 "Adani Group set up new subsidiary ANIL for new energy business")
Amazon challenges CCI's suspension of 2019 Future deal: Report
Amazon.com Inc has filed a legal challenge at an Indian tribunal against the national antitrust agency's suspension of a 2019 deal with Future Group
 "Amazon challenges CCI's suspension of 2019 Future deal: Report")
Audi expects sales in India to grow in double-digit this year
German luxury carmaker Audi expects sales in India to grow in double-digit this year amid concerns over the possible impact of the fresh surge in Covid-19 cases on business
 "Audi expects sales in India to grow in double-digit this year")
AMO Electric to raise $100 mn to expand product range, sales infra
Electric two-wheeler maker AMO Electric is looking to raise about $100 million next fiscal as it looks to scale up R&D to introduce new products
 "AMO Electric to raise $100 mn to expand product range, sales infra")
Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn
Company says the acquisition will help the group increase its consumer and hospitality footprint.
 "Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn")
Microsoft CEO Satya Nadella joins Groww as investor, advisor
Tiger Global-backed Groww said Microsoft chief executive officer Satya Nadella has joined the company as an investor and advisor
 "Microsoft CEO Satya Nadella joins Groww as investor, advisor")