Page 289 - Company News
GAIL discharges first LNG vessel at Dabhol Terminal in monsoon season
Located on the Maharashtra coastline, the Dabhol LNG Terminal plays a vital role in India's gas infrastructure
 "GAIL discharges first LNG vessel at Dabhol Terminal in monsoon season")
Hudco board approves ₹750 crore fundraise via non-convertible debentures
The base issue size is ₹500 crore, with an additional green-shoe option of ₹250 crore
 "Hudco board approves ₹750 crore fundraise via non-convertible debentures")
Akasa Air signs pact with Adani Airport to launch operations from NMIA
Akasa Air partners with Adani Airports to begin operations from Navi Mumbai International Airport, starting with 100+ weekly flights and expanding to 350+ domestic and international departures
 "Akasa Air signs pact with Adani Airport to launch operations from NMIA")
Aditya Birla Group's paints unit files antitrust case against Asian Paints
The first source added that Asian Paints also allegedly told its dealers it will curtail its supplies to them if they put up hoardings of Birla paint products or place them at prominent places
 "Aditya Birla Group's paints unit files antitrust case against Asian Paints")
RITES, HCL sign pact to develop critical mineral supply chain
The partnership will focus on exploration, extraction, refining, and production activities in India and abroad.
 "RITES, HCL sign pact to develop critical mineral supply chain")
Nandan Nilekani commits second multi-year grant to AI4Bharat at IIT Madras
Nandan Nilekani backs AI4Bharat's mission to build open-source AI infrastructure for Indian languages, advancing digital inclusion through language accessibility
 "Nandan Nilekani commits second multi-year grant to AI4Bharat at IIT Madras")
Oyo to expand to 300 cities by FY26, eyes doubling booking revenue
Oyo aims to increase its booking revenue share from company-serviced hotels from 22 to 44 per cent while expanding to over 300 Indian cities by the end of FY26
 "Oyo to expand to 300 cities by FY26, eyes doubling booking revenue")
Manish Gupta named as new president, MD for Dell Technologies India
Gupta takes over from Alok Ohrie, who is leaving the company to concentrate on personal pursuits, the company said
 "Manish Gupta named as new president, MD for Dell Technologies India")
Namma Yatri hits 100 million rides, enables ₹1,600 cr driver earnings
Namma Yatri achieves a landmark 100 million zero-commission rides, generating Rs 1,600 crore for 6 lakh drivers while building an open AI-led mobility infrastructure
 "Namma Yatri hits 100 million rides, enables ₹1,600 cr driver earnings")
Boson Cell leads India's march towards sustainable energy storage solutions
Boson Cell launches two lithium variants to support India's clean mobility, drone, and renewable sectors, aligning with the Atmanirbhar Bharat energy self-reliance mission
 "Boson Cell leads India's march towards sustainable energy storage solutions")
Boson Cell leads India's march towards sustainable energy storage solutions
Boson Cell launches two lithium variants to support India's clean mobility, drone, and renewable sectors, aligning with the Atmanirbhar Bharat energy self-reliance mission
Boson Cell leads India's march towards sustainable energy storage solutions
Boson Cell launches two lithium variants to support India's clean mobility, drone, and renewable sectors, aligning with the Atmanirbhar Bharat energy self-reliance mission
IPO-bound Oyo eyes doubling of revenue from company-serviced hotels by FY26
Oyo presently operates over 1,300 company-serviced hotels in India, primarily featuring its mid to premium segment brands
 "IPO-bound Oyo eyes doubling of revenue from company-serviced hotels by FY26")
NTPC hits 80,265 MW capacity after commissioning 110 MW Khavda project
In a regulatory filing, the company said consequent upon successful commissioning, first part capacity of 110.25 MW out of 1255 MW Khavda-I Solar PV Project
 "NTPC hits 80,265 MW capacity after commissioning 110 MW Khavda project")
Central Bank of India buys 24.91% stake in Future Generali for Rs 451 cr
State-owned Central Bank of India buys 24.91% stake in Future Generali India and 25.18% in its life insurance arm following approvals from CCI, RBI and IRDAI
 "Central Bank of India buys 24.91% stake in Future Generali for Rs 451 cr")
Tata Capital likely to get Sebi approval for nearly $2-billion IPO
Tata Capital may soon get Sebi clearance for a $2 bn IPO, aiming for a listing before the September 2025 deadline for upper-layer NBFCs under RBI rules
 "Tata Capital likely to get Sebi approval for nearly $2-billion IPO")
Actor Jeetendra, family-owned firms sell Mumbai land for ₹855 crore
2.39-acre Andheri plot, which includes Balaji IT Park, has been sold by Jeetendra Kapoor's family to NTT Global Data Centres & Cloud Infrastructure India
 "Actor Jeetendra, family-owned firms sell Mumbai land for ₹855 crore")
IndusInd's accounting lapses: NFRA to seek audit report by Grant Thornton
The NFRA had received a complaint about accounting lapses in the IndusInd Bank through the Centralised Public Grievance Redress and Monitoring System
 "IndusInd's accounting lapses: NFRA to seek audit report by Grant Thornton")
Indusind Bank board under scrutiny following Sebi's ex-parte interim order
Indusind Bank chairman Sunil Mehta commits to addressing board accountability after Sebi's order highlighted accounting discrepancies and senior management awareness
 "Indusind Bank board under scrutiny following Sebi's ex-parte interim order")
IndusInd Bank board speeds up CEO search as RBI's deadline nears
IndusInd Bank's board is rushing to submit CEO candidates to the Reserve Bank of India before the June 30 deadline following top executives' resignations over accounting lapses