Page 2535 - Company News

SpiceJet to raise Rs 2,500 crore to fund working capital requirements

SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital

Employee productivity impacted due to work from home, says ISGEC

ISGEC Heavy Engineering Ltd on Wednesday said that employee productivity has been impacted due to work from home after the COVID-19 pandemic broke out.

Restaurants serve change: Fine-dining chains switch to delivery in Covid-19

Speciality Restaurants, Barbeque Nation, Indigo among companies 'adjusting to market realities'.

Steel makers push for exports as rural stress impacts domestic demand

Rural off-take has taken a hit due to increased spend on health and lower incomes

HDFC Bank set for post-embargo scenario with aggressive payments biz plans

Refuses to hazard a guess on when RBI will lift curbs; picks up stake in Pune-based enterprise software solutions firm

Tata Motors wins order for 15 hydrogen-based fuel cell buses from IOCL

The deal would entail supplying buses to the R&D Centre of IOCL at Faridabad apart from Tata Motors collaborating with the country's largest fuel retailer to undertake R&D projects

Amul announces pan-India hike in prices of milk by Rs 2 per litre

The price was being hiked after a gap of nearly one year and seven months

Spicejet is making money off grounded Boeing 737 Max aeroplanes

Airline expects to get Rs 10.9 billion as compensation from Boeing for not being able to fly its 13 Max aircraft.

Saw over 5X surge in demand for Covid safety essentials in 2nd wave: Udaan

The second wave saw a huge demand of over 11 million protective masks, making it the largest item sold on the platform.

IRFC posts 126% jump in fourth quarter net profit at Rs 1,483 crore

This compares to Rs 655 crore reported in the same period of previous fiscal.

Online privacy firm alleges data breach of 700 mn LinkedIn users, co denies

Breach was reported by RestorePrivacy, according to whose website, the user of a popular hacker forum advertised data from 700 million LinkedIn users for sale on June 22

Tata Motors bags order for hydrogen-based fuel cell buses from Indian Oil

Tata Motors on Wednesday said it has bagged an order for 15 hydrogen-based fuel cell buses from the Indian Oil Corporation Limited (IOCL).

From Times Group to Zee, Indian media business in the post-pandemic world

The post-pandemic list tells just one story - that of utter devastation

These lesser-known firms set to make a mark in India's oil and gas sector

Nippon Power, South Asia Consultancy, PFH (Poddar Family Holdings) Resources and Chennai-based Adbhoot Estates could be the first ones to start production from blocks awarded during DSF-1 auctions

PMC Bank gets some cooperative support, but revival to take time

The takeover of this bankrupt urban cooperative bank by the Centrum-BharatPe combine marks the first instance of NBFCs, high-net worth individuals and fintechs being allowed entry in this space

Domestic PE firm ICICI Venture sees bigger gains from smaller deals

Instead of competing with global majors, the domestic PE firm is positioning itself as a 'bottom-up' player offering local expertise

Federal Soft Systems announces appointment of Kishore Kumar Yedam as CEO

Federal Soft Systems announces welcoming of Kishore Kumar Yedam on board as the new CEO to support the organization's future growth

15 mn 'Covid Safety Essentials' sold across India on udaan during 2nd wave

From March onwards till the gradual decline of the second wave, a total of 6 million covid safety essentials were shipped to the states of Assam, West Bengal, Andhra Pradesh, and Bihar

Indiabulls Housing Finance gets board nod to raise over Rs 7,000 crore

Indiabulls Housing Finance said its board of directors has approved a proposal to raise over Rs 7,000 crore through various financial instruments

Bharti Group to invest $500 million to be OneWeb's largest shareholder

This will make Bharti Group the largest shareholder in the satellite communications company