Page 2412 - Company News

FSSAI suspends licences of 15 food business operators in Kerala

Food safety watchdog FSSAI has suspended the licences of 15 food business operators in Kerala as they failed to comply with the requisite mandatory safety audits despite repeated reminders

Green hydrogen production slightly expensive at moment: Azure Power CEO

The path for green hydrogen in the country is not clear and at the moment, production of green hydrogen is slightly more expensive than grey hydrogen, Azure Power CEO Ranjit Gupta said on Tuesday

ZEEL aims to enhance profitability under ZEE 4.0, says Punit Goenka

Zee Entertainment Enterprise Ltd is embarking on a new path under 'ZEE 4.0', through which it aims to enhance profitability and continue to grow ahead of the industry, MD Punit Goenka said

MyGate unveils property marketplace, eyes 25,000 monthly listings

MyGate on Tuesday announced the launch of 'Homes' feature - a property search marketplace - on its app, and aims to have 25,000 listings per month by the end of the year.

HCL, HANCOM collaborate to share advanced software technology solutions

HCL Technologies said it has signed a pact with South Korean software company HANCOM Inc to share advanced software technology solutions and establish a mutual bridgehead for overseas expansion.

Cabinet may consider relief package for telecom sector on Wednesday

The Union Cabinet may consider on Wednesday a moratorium on payment of spectrum dues by telecom firms as part of a package for the sector aimed at giving relief to companies

Enfinity Global, CarVal Investors sign $300 million loan facility

Renewable energy solutions platform Enfinity Global and CarVal Investors have entered into a $300 million loan facility to fund Enfinity's three gigawatts of renewable energy projects

Take steps to keep afloat Ford Motor in TN: O Panneerselvam urges CM

AIADMK coordinator O Panneerselvam sought Tamil Nadu Chief Minister M K Stalin's immediate intervention in the issue concerning the American auto major Ford Motor's decision to shut operations

Component supply constraints may push up phone prices: Industry experts

Festive season this year is likely to see fewer launches by smartphone companies and prices of existing devices could rise by 7-10 per cent as players are grappling with severe shortage of components

CarTrade launches one-stop services platform to buy, sell pre-owned cars

Multi-channel auto platform CarTrade Tech has launched a tailor-made one-stop service for hassle free buying and selling pre-owned cars across nine cities, a release said on Tuesday.

SC rejects ArcelorMittal plea on arbitration in cargo handling dispute

Two-judge bench holds that trial court can consider application filed under Section 9 of the Arbitration Act by Essar against ArcelorMittal

Srei Infra CEO Rakesh Bhutoria resigns; salary issues persist

Srei Infrastructure Finance has suffered yet another blow as its CEO Rakesh Kumar Bhutoria resigned even as the company is going through the debt resolution process with the lenders

Resolution of 2 lending biz to cut 50% Reliance Capital debt: Anil Ambani

Completion of the resolution process of Reliance Commercial Finance and Reliance Home Finance will help Reliance Capital reduce its debt by 50 per cent or Rs 20,000 crore, Chairman Anil Ambani said

HAL, Rolls-Royce sign pact for Make-in-India Adour engine parts

Hindustan Aeronautics Limited and Rolls-Royce on Tuesday signed an agreement for Make-in-India Adour engine parts to support the latter's international defence customer base.

India Resurgence Fund invests $75 million in Thrissur Expressway

The Piramal- and Bain Capital-promoted fund will use the money for recasting TEL's existing debt and for last-mile financing to enable project completion

Vinod Kannan to lead Vistara; Leslie Thng to join back Singapore Airlines

Vistara announced the change of guard at the airline, bringing in its Chief Commercial Officer Vinod Kannan as the new CEO in place of Leslie Thng

Tata Motors inks pact with Tata Power for rooftop solar project in Pune

Tata Motors on Tuesday said it has inked a pact with Tata Power to install and operate a 3 MWp rooftop solar project at its passenger vehicle business unit (PVBU) plant in Pune.

Tata Steel, JSW Steel betting big on tinplate

Tinplate, a packaging medium, is one of the highest value adding downstream products in the flat steel segment.

Online retail store Gobbly raises Rs 7.2 crore in angel funding round

The company said it would use the funding to strengthen its position as one of the fastest-growing retail tech startups in India

HCL signs up with Korea's HANCOM for global expansion, tech solutions

HCL will support training for software development at HANCOM's in India research and development centre, which was established in 2016.