Page 2393 - Company News

Coal India to ramp up supplies to address utilities' fuel shortage

India's federal power ministry over a month ago flagged a coal shortage driven by rising electricity demand

CSS Corp is looking at IPO in late 2023 for its standalone business: CEO

Company's CEO says firm is working with business process management (BPM) company Startek on opportunities where they can add value

Post-Covid world presents a 'Y2K-like' moment for IT: Rajeev Chandrasekhar

He said the industry needs to play a bigger role in tackling skilling-related challenges

Dr Oetker buys Noida-based start-up Kuppies to grow ready-to-eat business

The acquirer aims to generate Rs 300 cr in annual sales from RTE segment in next 5-7 years; Currently, it rakes in Rs 400 crore a year from food ingredients and ready-to-cook mixes

Cabinet approves listing of ECGC, capital infusion of Rs 4,400 cr: Goyal

Cabinet approves Rs 4,400 crore capital infusion into Export Credit Guarantee Corp in 5 years, says Commerce Minister

Low-fare carrier SpiceJet joins hands with travel portal EaseMyTrip

Low-cost carrier SpiceJet has joined hands with online travel platform EaseMyTrip for holiday bookings, a release said on Wednesday.

Supertech moves SC to save twin towers from being razed in entirety

Due to proximity of Tower-17 with other residential towers, it can't demolish building by blowing through explosives and it would have to be done brick by brick

Blue Star to invest Rs 550 cr on new plant in Andhra's Sri City

The construction of the first phase of 30,000 sq meters will be completed by July 2022

Britannia ties up with Accenture to accelerate its digital transformation

For Britannia's large network of suppliers, this project will help streamline procurement and supply chain management, the companies said

Tata likely to emerge victorious for Air India, says former director

Tata Sons Ltd., the group holding company that controls Jaguar Land Rover and owns a majority stake in AirAsia India, submitted a bid for Air India earlier this month

Reliance Industries backs Saudi Aramco chairman as independent director

RIL said in a stock exchange filing that the appointment of Yasir Al-Rumayyan will 'benefit Reliance through the transition from oil to chemicals and the aim to achieve Net Carbon Zero by 2035'

Jio cashback offer to escalate competition, may delay tariff hike: Analysts

Jio did not issue a statement on its offering. A company source said that Jio continues to introduce promotional offers time to time to provide value to customers

L&T in talks to merge its thermal power business with Sembcorp India

The share-swap deal will help India's largest engineering conglomerate pare debt

Morepen shareholders approve new unit to house medical device biz

Morepen Laboratories on Wednesday said its shareholders have approved to shift its medical devices business into a newly incorporated wholly-owned subsidiary

ConnectedH raises $2.3mn in seed fund led by Kalaari Capital, Incubate Fund

ConnectedH plans to utilise the fresh funds to expand their product portfolio, invest in technology, and expand its presence in Delhi/NCR Region

SFIO seeks SC nod to file report on probe into affairs of Unitech

The Serious Fraud Investigation Office (SFIO) on Wednesday told the Supreme Court that it has prepared a report on irregularities in Unitech Ltd and has found some of its properties

PayU Finance elevates Piyush Gupta as company's new chief data scientist

In his new role, Gupta will lead the data science and Artificial Intelligence teams for PayU Finance to drive financial inclusion for the under-served and under-banked customers

Accenture helps Britannia digitise manufacturing units, warehouses

The enterprise-wide programme is focused on modernising Britannia's business model by digitising essential services and processes, allowing the company to better respond to changing market trends

Piramal Group acquires DHFL for total consideration of Rs 34,250 cr

The creditors of DHFL will recover an aggregate amount of Rs 38,000 crore from the resolution

Godrej Properties to redevelop 7.5 acre land parcel in Mumbai's Wadala

The land parcel is situated in a marquee residential location and is in very close proximity to Matunga Five Gardens