Page 2236 - Company News

Stay against single judge order against Spicejet extended till Jan 11

The Madras High Court extended till Jan 11, the operation of an interim stay on the verdict of a single judge, which ordered the winding up of Spicejet

L&T Construction bags large contracts for water, effluent treatment biz

L&T Construction's water and effluent treatment business has secured a slew of orders from various prestigious clients

Future Group stocks bounce back; rally as much as 5.5% at close of trade

Shares of Future Group of companies bounced back and settled with as much as 5.5 per cent gains on Thursday, a day after the Delhi High Court stayed the Amazon-Future arbitration.

IRB Infra's arm executes concession pact for Rs 6,555-cr project in UP

IRB Infrastructure Developers on Thursday said its wholly-owned arm has executed a concession pact with UPEIDA for the Rs 6,555 crore 'Ganga Expressway' project in the state.

Tata Starbucks enters into six new cities, crosses 250 store benchmark

Tata Starbucks on Thursday announced entry into six new markets as part of its expansion into smaller cities in India

IndiaMART acquires 26.01% stake in EasyEcom, invests Rs 13.3 cr

B2B e-online marketplace IndiaMART said it has invested about Rs 133.5 million via its wholly-owned subsidiary Tradezeal Online Pvt Ltd to acquire a 26.01% stake in EasyEcom.

Skoda aims to treble sales, expand product range in India this year

Skoda aims to treble its sales in India this year over 2021, on the back of new product launches and enhanced the number of customer touchpoints across the country

Airtel Payments Bank, Park+ tie up to offer FASTag-based parking solutions

Airtel Payments Bank on Thursday announced a collaboration with Park+ to offer FASTag-based smart parking solutions to marquee commercial and residential properties across the country.

IndiGo to start flights on Delhi-Port Blair route from Jan 9

IndiGo said on Thursday it will start flights on Delhi-Port Blair route from January 9.

Reliance raises $4 bn in India's largest-ever foreign currency bonds issue

'The issue was nearly 3 times oversubscribed with a peak order book aggregating $11.5 bn and was priced through RIL's secondary curve,' a company statement said

Power PSUs capital expenditure rises 47% to Rs 40,395 crore

Central Public Sector Enterprises under the Ministry of Power have increased capital expenditure during the first nine months of the current financial year to Rs 40,395.34 crore, which is 47% higher

Yojee teams up with Here Tech to create operations intelligence solution

Cloud-based logistics platform Yojee has teamed up with Here Technologies to create a unique operations intelligence solution to transform warehouse management for global companies

Future Group shares jump after court halts arbitration with Amazon

Shares in Future Group companies jumped on Thursday, a day after an Indian court halted arbitration proceedings between the conglomerate and estranged partner Amazon.com Inc.

I don't think we are a media company: Meta, India's vice president & MD

In the last 18 months, a lot of what we have been talking about has been put in place, said Mohan

Toshiba no 2 shareholder urges EGM vote on break-up plan as investors carp

The second-largest investor in Japan's Toshiba Corp on Thursday called for an extraordinary general meeting, seeking to force the company to win two-thirds support for a three-way breakup plan

GAIL, IPICOL sign MoU for developing clean energy projects in Odisha

IPICOL and GAIL (India) Limited on Wednesday signed a MoU for cooperation in the areas of green hydrogen, green ammonia and renewable energy for the production of eco-friendly fuels in Odisha

Jet Airways says its VP-operations Sudhir Gaur has quit the company

Jet Airways on Wednesday said its VP-operations, Sudhir Gaur, who was designated as the airline's 'accountable manager', has quit the company.

Paytm users can now tap phone on PoS devices to make offline payments

This will be possible even if phone is locked or there is no mobile data or internet connection. Service available on both Android and iOS

Amazon Seller Services' losses narrow to Rs 4,748.1 crore in 2020-21

Amazon Seller Services had recorded a net loss of Rs 5,849.2 crore, while its revenue from operations stood at Rs 10,847.6 crore in FY20

RBL Bank's gross advances rise 5% to Rs 59,941 crore by Dec-end

The private sector lender had gross advances amounting to Rs 57,092 crore by the corresponding period a year ago