Page 2292 - Company News

Amazon's letter is nothing but an afterthought, says Future group

The spokesperson said all related-party transactions and records of fund utilisation were on record and part of the public disclosures made by the company as part of standard governance practices

Feel free to wear flip flops: Hinduja heir to bank staff

In an interview, Karam said he told his employees to be more like the bank's clients

India Inc to show significant EBITDA growth in next 12-18 months: Moody's

The agency said that rising consumption, push for domestic manufacturing and benign funding conditions will support new investments

JSW Energy reorganises itself into 'Green' and 'Grey' businesses

The company said that all the existing and upcoming renewable energy businesses will be housed under JSW Energy Neo, its wholly-owned subsidiary

MG Motor India ties up with CleanMax, adopts wind-solar hybrid energy

MG Motor India has collaborated with CleanMax to become the first passenger car company to adopt wind-solar hybrid energy, a statement said on Thursday.

Royal Enfield starts local assembly unit, CKD facility in Thailand

With this, Royal Enfield now has three local CKD units, in addition to the three manufacturing facilities in Chennai

Airtel conducts 5G trial in 700 MHz band in partnership with Nokia

Airtel has been allotted test spectrum in multiple bands by Department of Telecommunications for the validation of 5G technology and use cases

Joyville sales bookings jump three-times to Rs 450 cr in April-September

Business conglomerate Shapoorji Pallonji's housing platform Joyville has clocked nearly three-fold jump in its sales booking at Rs 450 crore during the first half of this fiscal year on strong demand for mid-income residential properties, a top company official said.

IL&FS sells 52.26% stake in Terracis Tech, resolves Rs 1,275 cr loans

With this, the firm exits technology business altogether; deal forms part of overall IL&FS Group resolution estimate of Rs 61,000 cr

BlackRock, Canada Pension bought more Paytm stock after weak market debut

BlackRock Inc. and Canada Pension Plan Investment Board were among so-called anchor investors in the IPO that bought more Paytm shares on Tuesday and Wednesday

30K pre-orders in 14 days: Corbett creates a boom in tier 2, 3 markets

Ties up with TVS Group's Ki Mobility Solutions for after-market service

Reliance Industries recasts Jamnagar unit to grow in hydrogen space

The refinery off-gases produced from this project earlier served as fuel

Zydus Cadila likely to launch Covid-19 vaccine ZyCoV-D next month

Meanwhile, Zydus is working with a Korean partner to commercialise ZyCoV-D in South Korea in 2022

Bharat Biotech updates Covaxin efficacy to 65.2% against Delta variant

Experts say more real-world studies are required now

ITC starts clinical trials for nasal spray to prevent Covid-19 infection

Sources say product is being steered by ITC Life Sciences and Technology Centre; Bengaluru. Internal trials found it to be effective against other viruses like common cold. Trials could take 3 months

Air India board to meet on Monday to finalise prepayment of Rs 12k-cr debt

Loans were raised by the airline as NCDs at 9.05-10.05% interest rate, will be prepaid as part of govt's sale of airline to Tatas

Hero, Honda Motorcycle and Scooters festive period output lowest in 7 years

The duo account for close to 60% of the domestic two- wheeler market

Piramal Capital & Housing Finance ties up with API Holdings

The partnership aims at synergizing respective capabilities to provide efficient and seamless financing solutions

Amazon writes to FRL independent directors alleging financial anomalies

The CCI will meet Amazon and Future Coupons Pvt Ltd (FCPL) representatives in January next year in connection with the matter

Coal India consolidating its sustainable development goals, says govt

The government on Thursday said state-owned Coal India Ltd (CIL) is quietly engaged in further consolidating its sustainable development goals.