Page 2682 - Company News

IndiGo, SpiceJet had on-time performance of 93.7%, 76.9% in Jan: Puri

GoAir's on-time performance was 72.8 per cent

Adar Poonawalla-backed Svasti Microfinance to raise Rs 150 crore

This is likely to conclude by the third quarter of FY22, said Arunkumar Padmanabhan, co-founder of Svasti Micro­finance

NITES files complaint against Tata Technologies for sacking 800 employees

Harpreet Saluja, President NITES said that they received complaints from employees of Tata Technologies and hence they took the matter to the Labour department

Aqua Security raises $135 mn to hit $1 bn-valuation, to focus on India R&D

With about 50 employees in the country, India is Aqua's strategic centre and it is going to double its investment here in 2021

India undeterred by Cairn, will defend stand in arbitration row: Sources

India is in the process of filing an appeal at The Hague over the $1.4 billion arbitration award, sources tell Business Standard.

Arunachalam moves NCLT over denial of board seat; next hearing on April 23

The main allegation is that there has been a history of gender discrimination in the Murugappa Group

Eye on e-commerce, ESR plans one 'plug & play' warehouse every quarter

'Plug-and-play' buildings or 'speculative buildings', as ESR calls them, are ready buildings that have facilities like power, water and so on

Telcos can buy gear only from 'trusted' vendors as DoT tweaks licence norms

Under the new rules, equipment companies will have to enroll on a website, which will establish whether the firm is a trusted source or not

IndiGo CEO Ronojoy Dutta gets stock worth Rs 14 core through ESOP

This is over and above Dutta's last year's salary of Rs 11.9 crore which he has received till 31 December

REC, PFC sign pact to finance 600-megawatt hydropower project in Bhutan

KHEL is the first JV being undertaken between the two governments for implementation of the 4x150 MW Kholongchhu hydroelectric project

India in process of filing appeal against Cairn arbitration award: Report

India is in the process of filing an appeal against an arbitration panel asking it to return USD 1.2 billion to British oil firm Cairn Energy Plc, sources said on Wednesday

Max Healthcare Institute raises Rs 1,200 crore via QIP issue route

Max Healthcare Institute Ltd (MHC) on Wednesday said it has raised Rs 1,200 crore via issue of securities.

AstraZeneca Pharma gets DCGI nod for lung cancer treatment drug

AstraZeneca Pharma India on Wednesday said it has received marketing approval from the Drugs Controller General of India (DCGI)for its product for the treatment of non-small cell lung cancer.

M&M says 'no widespread layoffs', only 48 employees left in last 12 months

As far as blue-collar jobs are concerned, M&M said not a single worker has been laid off during the pandemic

Oil and Natural Gas Corp acquires 5% stake in Indian Gas Exchange

The Indian Gas Exchange is a subsidiary of the IEX - India's premier nationwide, automated electricity trading platform

Prestige concludes phase 1 of deal with Blackstone at Rs 7,467 cr

The Prestige-Blackstone deal is one of the largest real estate deals in the country

Telecos will be allowed to install only govt approved gears from Jun 15

The government on Wednesday amended telecom licence norms that will enable it to control the installation of network equipment from non-trusted sources.

VI bundles one year Disney, Hotstar VIP access with plans starting Rs 401

Vodafone Idea on Wednesday announced the bundling of Disney+Hotstar VIP access for 1 year for customers paying Rs 401 and above.

New dividend policy to ensure consistent reward to shareholders: DIPAM secy

The government has brought in a new policy for the public sector companies

Paytm NUE licence consortium most diverse: Vijay Shekhar Sharma

The NUE, whose idea was floated by RBI in August last year, is an alternative to the NPCI, which is the sole entity that manages retail payments right now