Page 2424 - Company News

Coal India warned government of coal shortage in February, documents show

India, which has the world's fourth largest coal reserves, is facing a shortage of the fuel and has urged utilities to import coal as supplies at several plants run low.

Ola restarts e-scooter sales after website glitch, bookings on app only

The firm is starting sales in batches and prioritising users based on their dates of reservation

Govt to sell up to 10% stake in Hind Copper via OFS, may garner Rs 1,120 cr

The government will sell 5% or 48.3 million shares in the copper miner at Rs 116 apiece on Thursday and Friday

Uber launches bus service to help India's urban staffers get back to work

The 'Uber Corporate Shuttle' has safety a comprehensive set of safety measures; the service will run initially in Mumbai, Delhi and a few other cities

PepsiCo commissions India's largest greenfield plant worth Rs 814 cr

It's a potato chip-making unit spanning 29 acres in Mathura; city will source 150,000 tonnes of locally grown tubers; over 5,000 farmers to gain, 1,500 jobs to be created

Flipkart strengthens supply chain network, aims to create over 100,000 jobs

This year, Flipkart is creating direct seasonal employment for more than 1,15,000 people of which 15 per cent are women and people with disabilities

Telecom reforms usher in new era for India's digital ambitions: Telcos

The telecom reforms announced by government are beginning of a new era for sector as well as for boosting investment in the industry that is reeling under debt burden, leading sectoral players said

Top headlines: Chairman rules out Tata Sons' revamp; telcos get govt relief

Business Standard brings you the top headlines from today

Adani Transmission to invest Rs 1,200 cr in MP to strengthen power system

Adani Transmission Ltd (ATL) on Wednesday said it would invest Rs 1,200 crore in eastern Madhya Pradesh to strengthen the power transmission system for MP Power Management Company Ltd (MPPMCL).

5G spectrum auction most probably in February 2022: Telecom minister

The 5G spectrum auctions will "most probably" be held in February 2022, and the government may even try for a January timeline, Telecom Minister Ashwini Vaishnaw said on Wednesday.

Revised PLI scheme would give the right impetus for the industry: TVS Motor

The revised PLI Scheme announced by the Centre on Wednesday would give the right impetus for auto industry to move faster towards future technologies, TVS Motor Chairman Venu Srinivasan said.

EESL Executive Vice Chairman Saurabh Kumar resigns on personal grounds

Energy Efficiency Services Ltd Executive Vice Chairman, Saurabh Kumar has resigned from the post on personal grounds

Axis board gives approval to reclassify Oriental Co as public shareholder

Axis Bank on Wednesday said its board of directors has approved to reclassify The Oriental Insurance Company Ltd (OICL) from promoter category to public category shareholder.

Asia Healthcare-backed single-specialty clinics grew during pandemic

AHH now plans to make similar investments with focus on nephrology, gastroenterology, and ophthalmology among others

PepsiCo commissions largest greenfield plant in India, UP CM unveils it

Food & beverage major PepsiCo on Wednesday said its business in India is transforming and will continue to invest in the country for a long term.

No leadership structural changes are on the anvil: Tata Sons Chairman

Bloomberg on Monday reported that Tata Sons is considering an historic revamp of its leadership structure by creating a CEO role to help improve corporate governance

Telecom sector reforms ensure industry is able to invest fearlessly: Mittal

Telecom operator Bharti Airtel Chairman Sunil Mittal on Wednesday said the telecom sector reforms approved by the Cabinet will ensure that the industry is able to invest fearlessly

Telecom package to provide some relief to stressed sector: COAI

Telecom industry body COAI lauded telecom relief package approved by the Cabinet, which will be implemented prospectively and provide a breather to the sector that is reeling under heavy stress.

Infosys, SAP tie up to provide Business Process Transformation-as-a-Service

Infosys on Wednesday announced a strategic collaboration with SAP, a market leader in enterprise application software, to provide Business Process Transformation-as-a-Service to enterprises.

Glenmark Pharma concludes study on Covid drug Favipiravir in India

Drug firm Glenmark Pharmaceuticals on Wednesday said it has successfully completed its post-marketing surveillance study on Favipiravir in India.