Page 276 - Company News

DHFL case: Expeditiously decide Kapil Wadhawan bail plea, SC tells Delhi HC

A bench of Justices Ujjal Bhuyan and Manmohan said Wadhawan was in custody since July, 2022 and his bail plea was coming up for hearing on July 18 in the high court

Delhivery launches intracity delivery service to take on Uber, Rapido

Delhivery Direct goes live in Delhi-NCR and Bengaluru, offering 15-minute pickups and flexible shipping across vehicle types

HPCL to invest $231 million to build 24 compressed biogas plants in India

Since April, India has mandated mixing gas used to run automobiles and cooking gas with 1 per cent of CBG

Reloy FY25 revenue rises 60% to ₹28.5 crore on strong referral sales growth

Founded in 2015, Reloy specialises in real estate loyalty and referrals. It is a B2B2C homeowner and broker management platform that helps builders manage their customers and brokers more efficiently

HAL wins bid to privatise India's small satellite launch rockets

Fighter jet maker HAL had applied independently, Indian Space Research Organisation said in a statement on Friday

Air India flight grounded in Pune after bird hit; return leg cancelled

Air India cancelled eight international and domestic flights earlier on June 20, citing maintenance and operational issues

Sundaram Finance expands Sundaram Wealth as special service to serve HNIs

Sundaram Wealth will primarily target families and individuals who require sophisticated wealth management solutions beyond traditional investment products

Oyo's Innov8 sells 3% stake at ₹1K cr valuation to expand co-working biz

Raymond Family Office has emerged as the lead investor, acquiring nearly 2 per cent share

Axiscades, Europe's MBDA join hands to set up defence unit Bengaluru

Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka

SastaSundar to invest Rs 150 crore in 2 yrs, aims turnaround in FY26

The Kolkata-based online pharmacy ended its partnership with Flipkart Health earlier this year and relaunched its B2C platform under its own brand

Suzlon bags 170.1 MW wind energy order from AMPIN for Andhra's Kurnool

As part of the contract, Suzlon will supply 54 of its advanced S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a rated capacity of 3.15 MW

Air India cancels eight flights on June 20: Full list of routes here

Air India flight cancellation: The airline cites maintenance and operational reasons for cancelling at least 8 international and domestic flights on June 20

Reliance, Havells in race to acquire majority control in Whirlpool India

Whirlpool Corp plans to sell 31 per cent in Indian arm; Reliance, Havells, Bain, and EQT among shortlisted bidders as parent eyes $600 million to fund debt repayment amid global restructuring

Sorry and thank you: Air India CEO writes to flyers a week after crash

Air India CEO writes to frequent flyers after the June 12 crash, as 15 per cent of widebody international flights are cancelled due to safety inspections and disruptions

Apple in talks with home-grown companies to produce iPhone gears

The move is significant, as the import of critical capital equipment and machines - mostly made in China and essential for assembling the latest phones

Trent sets 25% growth target, to expand Zudio and new brand categories

Trent plans to grow its brand portfolio, expand store density, enter new categories like beauty and innerwear, and boost omnichannel presence, brokerages note

Real estate giant Kalpataru eyes deleveraging amid ₹1,590 cr IPO

Real estate firm Kalpataru plans to repay borrowings using IPO proceeds, cash reserves and project sales, with debt ratio targeted to fall from 3.7x to below 2x

Chandra, family to recover ₹1,300 cr in one year to fund investment in ZEEL

Essel Group promoters expect to recover dues and invest Rs 2,237 crore through convertible warrants, potentially increasing stake in ZEEL to 18.39 per cent

Maruti has magnet stock till July, looking for alternatives: Chairman

R C Bhargava says commercial battle helps neither Indian nor Chinese companies

TCS says co not under probe in M&S breach; Chandra skips AGM for first time

At TCS's 30th AGM, the firm clarified it is not under probe in the M&S cyber breach, while shareholders raised concerns over AI, job security and tech strategy