Page 2365 - Company News
Fintech firm Salt to ramp up hiring in India; raises $500,000 funding
Fintech firm Salt on Monday said it has raised $500,000 and is looking at strengthening its headcount to about 100 by the end of next year
 "Fintech firm Salt to ramp up hiring in India; raises $500,000 funding")
SECL agrees to supply 29,500 metric tonnes of coal per day to Chhattisgarh
Amid reports of coal shortage in the country, the Chhattisgarh government on Monday said SECL will ensure the supply of 29,500 metric tonnes of coal per day for thermal power plants in the state
 "SECL agrees to supply 29,500 metric tonnes of coal per day to Chhattisgarh")
Coal India arm provides 76.6% coal to power producers in current month
Coal India Ltd (CIL) accounts for over 80 per cent of the total domestic coal output.
 "Coal India arm provides 76.6% coal to power producers in current month")
CCI slaps penalties upon 2 firms for bid rigging in GAIL tender
CCI passed a final order against two firms - PMP Infratech Pvt Ltd and Rati Engineering - for indulging into concerted practices leading to bid rigging of a tender floated by GAIL in 2017-18
 "CCI slaps penalties upon 2 firms for bid rigging in GAIL tender")
Govt issues letter of intent to Tatas for sale of Air India
Tatas now have to accept the letter of intent, post which the Share Purchase Agreement will be signed
 "Govt issues letter of intent to Tatas for sale of Air India")
JNPT reports 40.4% growth in container traffic in H1 FY22
The country's premier container port JNPT has reported 40.40 per cent growth in container traffic at 2,703,051 TEUs in the first half of the fiscal, according to a release on Monday.
 "JNPT reports 40.4% growth in container traffic in H1 FY22")
Top headlines: Akasa Air gets govt NOC; Invesco breaks silence on Zee feud
Business Standard brings you the top headlines on Monday
 "Top headlines: Akasa Air gets govt NOC; Invesco breaks silence on Zee feud")
Internal restructuring of TVS Group gets CCI approval
There are 16 entities that are parties to the proposed transaction.
 "Internal restructuring of TVS Group gets CCI approval")
Welspun Corp to develop guideline for transportation of hydrogen gas
Welspun Corp Ltd on Monday announced joining a global industry project to develop the "world's first guideline" for transportation of hydrogen gas in existing and new offshore pipelines
 "Welspun Corp to develop guideline for transportation of hydrogen gas")
Suresh Bose takes charge as chief HR officer at Jindal Stainless
Jindal Stainless Ltd (JSL) on Monday said Suresh Bose has been appointed its chief human resources officer (CHRO), with immediate effect.
 "Suresh Bose takes charge as chief HR officer at Jindal Stainless")
TVS Supply Chain Solutions raises Rs 590 cr from Exor-managed fund
TVS Supply Chain Solutions on Monday said it has raised Rs 590 crore from a fund managed by Europe-based diversified holding company Exor, for its future growth and transformational initiatives
 "TVS Supply Chain Solutions raises Rs 590 cr from Exor-managed fund")
Air India privatisation reflects govt resolve to bite reform bullet: CII
The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identified two public sector banks.
 "Air India privatisation reflects govt resolve to bite reform bullet: CII")
RBI retains advisory committee on Srei group companies
On October 8, the central bank had filed applications for initiation of corporate insolvency resolution process against SIFL and SEFL at the Kolkata Bench of the National Company Law Tribunal.
 "RBI retains advisory committee on Srei group companies")
CCI penalises PMP Infratech, Rati Engg for rigging tender floated by GAIL
PMP Infratech fined Rs 25 lakh, Rati Engineering to pay Rs 2.5 lakh; personnel managing and controlled the two firms also penalised, cease-and-desist order passed
 "CCI penalises PMP Infratech, Rati Engg for rigging tender floated by GAIL")
Indian businesses have bullish hiring plans as they look to rebuild: Survey
The pandemic also impacted the benefits offered by corporates to its employees.
 "Indian businesses have bullish hiring plans as they look to rebuild: Survey")
Maruti Suzuki reports over two-fold dip in production in September
In a regulatory filing, the auto major reported total production of 81,278 units in September as compared with 1,66,086 units in September 2020.
 "Maruti Suzuki reports over two-fold dip in production in September")
Morgan Stanley names Anahita Tiwari head of India global in-house centres
She joins Morgan Stanley from JP Morgan Chase India where she was the head of Global Finance and Business Management and is a certified chartered accountant
 "Morgan Stanley names Anahita Tiwari head of India global in-house centres")
Lulu Group opens third shopping mall in India; plans more launches
The Group with its flagship retail chain of Lulu hypermarkets and supermarkets has operations spread over 22 countries.
 "Lulu Group opens third shopping mall in India; plans more launches")
Govt receives over Rs 2,593 cr dividend from NTPC, PGCIL this fiscal
The government has received Rs 7,515 crore as dividend from central public sector enterprises so far in the current financial year
 "Govt receives over Rs 2,593 cr dividend from NTPC, PGCIL this fiscal")
Air India privatisation: Rs 16,000 cr unpaid bills to go to govt's AIAHL
As on August 31, Air India had a total debt of Rs 61,562 crore