Page 229 - Company News

Akasa Air sees no dip in passenger demand post Air India plane crash

"We really haven't seen any impact. I see the load factors and they are very healthy," Goel said at a media roundtable

Lloyds Metals aims to invest over ₹40,000 crore more in Gadchiroli

Chief Minister Devendra Fadnavis, who is also the guardian minister of the district, inaugurated a 90-km pipeline and a pellet plant built by the company in Gadchiroli earlier in the day

Ebix Tech secures ₹140 crore contract from Maharashtra Transport Corp

Once fully operational, the project is expected to clock transactional volumes to the tune of ₹2,000 crore annually

Amul operator GCMMF unanimously elects Ashokbhai B Chaudhary as chairman

The election meeting was held on Tuesday and witnessed full participation from all 18 member unions of GCMMF, the dairy major said in its release

Vertis Infrastructure Trust raises ₹900 cr via sustainability-linked bond

The SLB is structured with predefined sustainability performance targets that link interest rates to the achievement of ESG outcomes, the InvIT claimed

Ashok Leyland fuels LNG boom in trucks, eyes tie-ups with city gas giants

The plan is being floated as the Petroleum and Natural Gas Regulatory Board (PNGRB) is expecting a multi-fold jump in the number of LNG trucks from 700 at present to 500,000 by 2040

Akasa Air aims to have 226 planes in fleet by 2032, says CFO Ankur Goel

Launched in August 2022, Akasa Air currently flies to 23 domestic and international destinations with a fleet of 30 Boeing 737 MAX planes

Tata Communications partners with AWS for AI-ready network rollout in India

The project, which is likely to involve a capital investment of about Rs 430 crore from Tata Communications, is expected to be completed by the end of FY26, according to a regulatory filing

Patrik Antoni to be new CEO of Ikea India as Susanne Pulverer resigns

Antoni will replace incumbent Susanne Pulverer, current Country Retail Manager & CSO, who has decided to leave her role at Ikea

Serentica to source wind turbines from SANY for 336 MW Karnataka project

Delivery for the project is expected to commence by December 2025

Chanda Kochhar found guilty in ₹64 cr bribe case linked to Videocon loan

An appellate tribunal found ex-ICICI CEO Chanda Kochhar guilty of taking a ₹64 crore bribe after approving a ₹300 crore loan to Videocon; the money was routed to her husband's firm

Juniper Green Energy commissions additional 43 MWp in Maharashtra

The project supplies power to Maharashtra State Electricity Distribution Company Ltd (MSEDCL), through its subsidiary, Juniper Green Power Five Pvt Ltd, a company statement said

BP-chartered tanker leaves port of Nayara Energy without loading diesel

The vessel was supposed to load ultra low sulphur diesel on July 21 with the cargo bound for Africa

Reliance, Adani, Mahindra among top firms in ₹60k cr govt ITI upgrade plan

The Ministry of Skill Development and Entrepreneurship plans to modernise 1,000 ITIs, train two million youth in five years, and align vocational education with industry needs in a hub-and-spoke model

AirPods production hit at Foxconn T'gana plant due to rare earth shortage

While Foxconn has stated that production remains unaffected, news reports citing sources indicated that the company has approached the Telangana government to flag the supply issue

Former Puma India head Abhishek Ganguly eyes a long run with new company

Abhishek Ganguly is planning to scale up multiple sports apparel brands to multimillion-dollar levels through his venture Agilitas Sports

Eternal Q1FY26 results: Profit takes 90% hit on quick commerce push

Blinkit's net order value surpasses Zomato for the first time

Brigade Hotel likely to add 960 rooms, expand luxury business by FY29

Brigade Hotel Ventures plans to add 960 rooms to its portfolio by FY28, targeting the luxury market. The company also aims to raise Rs 759.6 crore through its IPO, opening on July 24

Post QIP, SBI's CET1 capital rises to 11.5%; LIC invests ₹5,000 crore

SBI's recent QIP was oversubscribed 4.5 times, raising Rs 25,000 crore and boosting CET1 capital to 11.5%. LIC invested Rs 5,000 crore, increasing its stake in SBI to 9.49%

Titan Company to acquire 67% stake in Dubai's Damas in all-cash deal

Titan Company has signed an agreement to acquire a 67% stake in Damas LLC, marking a strategic expansion into the GCC jewellery market, with an all-cash deal valued at AED 1,038 million (Rs 2,439 cr)