Page 2671 - Company News

Airtel Africa to sell 1,424 towers to Helios for $119 million

Airtel Africa will sell 1,424 towers in Madagascar and Malawi to Helios Towers for USD 119 million, Bharti Airtel said in a regulatory filing.

NCLAT closes insolvency proceedings against Jyoti Ltd after settlement

NCLAT has shut the insolvency proceedings initiated against motor and generator manufacturing company Jyoti Ltd

Coal India wants to take part in solar energy auctions: Chairman

Coal India Ltd, the world's largest coal miner, could venture into solar wafer manufacturing

Gas price for ONGC to inch up to $1.82, fall below $4 for Reliance-BP

Government-dictated price for natural gas produced by companies such as ONGC is likely to inch up marginally to $1.82 next week

CEOs don't expect to see a return to 'normal' course of business until 2022

The CEOs of the world's most influential companies are planning what the 'new reality' will look like post-pandemic

Gurgaon-based ACME to set up green hydrogen, ammonia facility in Oman SEZ

The facility would be set up with an initial investment of $2.5 billion

Tata Motors continues association with IPL for fourth straight year

Tata Motors on Tuesday said its flagship SUV Safari will be the official partner for the VIVO Indian Premier League (IPL) 2021

Abu Dhabi funds invest $150 million in messaging app Telegram

Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners have invested a combined $150 million in messaging app Telegram, a joint statement said on Tuesday.

Glenmark gets USFDA nod for generic high blood pressure drug

Drug firm Glenmark Pharmaceuticals on Tuesday said it has received approval from the US health regulator for its generic Diltiazem Hydrochloride

Samsung working on a double-folding smartphone, adding to its line up

Samsung is reportedly developing a double-folding phone to add to its lineup of foldable devices.

Bharat Dynamics pays Rs 92 crore interim dividend to Central govt

Bharat Dynamics Limited (BDL), a Hyderabad based Defence Public Sector Undertaking on Monday had paid an interim dividend of Rs 92.008 crore to the government of India

Adani Ports to buy controlling interest in Gangavaram Port for Rs 3,604 cr

APSEZ is acquiring the 58.1 per cent stake held by DVS Raju and family in Gangavaram Port Limited (GPL). The acquisition is valued at Rs 3,604 crore and subject to regulatory approvals

Gaja Capital to raise $400 mn for new fund, IFC planning to commit $25 mn

The fund is domiciled in India and will look to make equity investments in India

Six companies win bids to build flying training schools at AAI airports

AAI had bid airports at Belagavi, Jalgaon, Kalaburagi, Khajuraho, Lilabari as part of new policy to buttress its revenue

Jeh Wadia steps down as Managing Director of low-cost carrier GoAir

Jeh Wadia has stepped down as Managing Director of the low-cost carrier (LCC) GoAir, while industry veteran Ben Baldanza has joined its board as vice-chairman.

Tata Consulting-led JV lowest bidder for Mumbai-Ahmedabad HSR consultancy

Tata Consulting-led JV has quoted the lowest bid of Rs 1,111 crore for 'Project Management Consultancy Services' for construction of civil works packages for Mumbai-Ahmedabad High-Speed Rail project

Delhi HC stays single judge's order restraining Future Retail-RIL deal

Justice Midha's order dated March 18 is contrary to the apex court's order, said senior advocate Harish Salve on behalf of Future Retail

Nestle India digs deeper in the rural market, aims to grow business

The company's new-found enthusiasm for the hinterlands is founded on its appetite for growth

Decoded: Why the industry is unhappy with amendments to mining law

The latest amendments come with the Bharatiya Janata Party-led central government opening up key sec­tors for greater private investment

Xiaomi India defers export plans due to boom in domestic demand

Smart devices maker Xiaomi India on Monday said it has deferred plans to export from the country due to a massive spurt in domestic demand post the COVID-19 lockdown.