Page 2269 - Company News

Hexagon Nutrition files IPO papers with Sebi to raise up to Rs 600 cr

Mumbai-based Hexagon Nutrition is a fully integrated company engaged in product development and marketing, including research and development and nutrition manufacturing

Myntra's festival sale logs 4 mn customers placing 6.5 mn orders

The beauty and personal care category witnessed the highest demand at 150 per cent over the previous winter edition.

Paytm Lending CEO gets additional role to lead offline payments vertical

The fintech company has elevated Bhavesh Gupta, CEO, Paytm Lending to take on leadership for the offline payments vertical in addition to his existing responsibilities

Mumbai's Darwin Platform Infra Ltd wins bid for Pune's Lavasa city

The Committee of Creditors of Lavasa Corporation voted and accepted a Rs 1,814-crore final Total Resolution Plan to revive the city

Daimler India breaches pre-Covid levels with record exports

Daimler said India was a key hub for its trucks, with the Indian subsidiary not only serving the 'growing' domestic demand, but also shipping to over 60 destinations across the globe

Aditya Birla Money allots 1.6 mn non-convertible preference shares

Non-convertible redeemable preference shares are preference shares that can be redeemed and do not include a preference share that is convertible into or exchangeable with equity shares of the issuer

Sigachi Industries, which saw bumper listing, bags LoI from Grasim

Sigachi Industries got a bumper listing and secured number one position in 2021 with a gain of 270%

Qualcomm tops global smartphone apps chip market with double-digit growth

The global smartphone applications processor (AP) market grew 17 per cent to $8.3 billion in the third quarter (Q3) this year, with Qualcomm and MediaTek posting double-digit growth

Attero to invest Rs 300 crore to ramp up battery recycling capacity

E-waste recycling firm Attero is planning to invest Rs 300 crore in a bid to increase its existing lithium-ion battery recycling capacity by 11 times to 11,000 tons

Ola's dream of biggest e-scooter factory hits hurdle amid dearth of chips

Mass production of Ola e-scooters is likely to be pushed back until at least January

EESL targets installation of 1.6 cr more 'smart LED' streetlights by 2024

The state-run Energy Efficiency Services Ltd (EESL) is targeting to install an additional 1.6 crore 'smart LED' streetlights across the nation by 2024.

IGX awaits regulatory reforms to meet mandate of expanding fuel access

The Indian Gas Exchange, which opened for business last year, is waiting for regulatory reforms to achieve its mandate of expanding access to the fuel

Hero MotoCorp announces upward revision in prices, stock rises nearly 2%

The price revision will be up to Rs 2,000 and the exact quantum of increase will depend on the model and the market

Insurance broker Marsh increases stake in Marsh India from 49% to 92%

Global insurance broker and risk advisor Marsh on Thursday said it has raised its shareholding in Marsh India Insurance Brokers Pvt Ltd to 92 per cent from 49 per cent.

GMR Infrastructure gets NCLT nod for demerger of non-airport business

GMR Infrastructure had unveiled the rejig plan on August 27 last year, to simplify the corporate holding structure and to attract sector-specific global investors

Indian Oil Corporation, Adani Total Gas top bidders for city gas licenses

Adani group had originally ventured into city gas business in a joint venture with IOC but it later tied up with Total. Adani and IOC did not put any combined bid in the latest bidding round

Amazon likely to face regulatory challenges to buy Catamaran JV

On August 09, 2021, the partners had announced their decision to not continue the JV beyond the end of its current term in May 2022

Air India bookings hit as inventory goes off platforms for travel agents

Travel association seeks clarity from national carrier about the problem in their peak business season

Air France-KLM and IndiGo to start codeshare agreement in 2022

With this new partnership, Air France and KLM will offer their customers access to 25 new Indian destinations

Easing supply and pent-up demand to boost auto sales: A CRISIL analysis

Commercial vehicle (CV) volumes are expected to rise 20-22 per cent this fiscal, aided by economic recovery and the government's infra spending.