Page 2400 - Company News

McLeod's return from brink of IBC signals a brief respite for tea industry

In an industry in which more than half the production is accounted for by the small growers, analysts believe that big players may help bring production and pricing discipline

We have zero tolerance for corruption: Amazon on bribery charges in India

The world's largest online retailer has initiated an investigation into the conduct of its legal representatives in India, according to a report by media platform The Morning Context

Texmaco Rail looks to pare short-term debt to enhance profitability

Ashish Kumar Gupta, deputy managing director, TexRail, said the company is going to finalise the size and pricing of the rights issue before September-end

Food inflation spectre will haunt us in 2022, says Nestle India chief

Says 2022 going to be difficult year on higher commodity prices

State Bank of India prepared to support Tata group's bid for Air India

Holding company's 'AAA' rating will make it a formidable player: Bankers

Facebook appoints Rajiv Aggarwal as director of public policy in India

He joins Facebook from Uber, where he was the head of public policy for India and South Asia

Mylab picks up majority stake in point-of-care testing firm

Sanskritech has develop a point of care testing platform Swayam that can do 70 tests on the spot

Self reliant India provides trillion dollar opportunity: Gautam Adani

Gautam Adani today said a self reliant India has become a necessity

Amazon launches largest delivery station in Karnataka before festive season

Investments in delivery stations enable seamless and faster last-mile deliveries of orders to customers in the region and create local jobs.

Social commerce firm Trell acquires Womaniya for undisclosed sum

Womaniya provides support and credible information subjects like menstrual health, child care, nutrition, fitness, and mental wellness

CCI approves Adani Ports and SEZ's 10% stake-buy in Gangavaram Port

Fair trade regulator CCI on Monday approved acquisition of over 10% stake in Gangavaram Port Ltd by Adani Ports and Special Economic Zone Ltd

Amazon seeks to tap next 500 mn users in India, expands vernacular offering

Marathi and Bengali added to five Indian languages; Amazon to also launch voice shopping experience in Hindi

Zydus to sell two brands to PE firm True North's portfolio company

Both drugs, Mifegest Cytolog are used for medical termination of pregnancy

Videocon insolvency: Lenders make U-turn, approach NCLAT for fresh bids

Billionaire Anil Agarwal's Twin-Star Technologies had offered Rs 2,962 crore to takeover Videocon Industries, which was 4.15% of the admitted claims of Rs 64,838.63 cr of lenders

True North sells RDC Concrete to construction firm for unknown sum

RDC is the largest independent ready mixed concrete company in the country. True North held a majority equity stake in the company through its initial investment in 2005

2022 to be a difficult year on higher commodity prices: Nestle India chief

Nestle India chief Suresh Narayanan said that 2022 will likely be a "difficult year" as commodity prices are expected to rise and result in the spectre of food inflation for the manufacturers.

SpiceJet looks to save Rs 1K cr on commercial settlement with MAX lessors

The commercial settlement finalised by SpiceJet with two major lessors of MAX aircraft will result in savings of roughly around Rs 300 crore for the Ajay Singh-led carrier.

Amazon India to offer voice shopping experience in Hindi soon

Amazon India on Monday said it will expand its regional language offering further with the launch of voice shopping experience in Hindi in the coming weeks.

CIL signs pact of Rs 1,880 cr for commercial extraction of coal bed methane

State-owned CIL on Monday said that its arm Bharat Coking Coal has signed contract worth Rs 1,880 crore with Prabha Energy for commercial extraction of coal bed methane.

Airtel commits 50% cut in greenhouse gas emissions across ops by FY31

Bharti Airtel on Monday said it has joined global efforts to combat climate change, as the telco has committed to reduce 50 per cent greenhouse gas (GHG) emissions by FY31 across its operations.