Page 2934 - Company News

Nalco inks pact with Numaligarh Refinery for calcined petroleum coke supply

The memorandum of understanding (MoU) was signed on Thursday, Nalco said in a BSE filing

Over 100,000 domestic flights operated since resumption on May 25: Puri

In a statement, Puri said domestic aviation is moving towards the pre-Covid figures

Japan's MonotaRO invests $15 mn in joint venture with Industrybuying.com

MonotaRO will own 51.6 per cent stake in the JV, IB monotaRO Pvt Ltd, while the rest will be held by Emtex Engineering Pvt Ltd

Central Bank of India closes Rs 255-cr QIP; issue price set at Rs 15.38

The capital raising committee of the bank at its meeting held on September 25 passed the resolution and approved the closure of the issue period for the QIP, it said in a regulatory filing

GMM Pfaudler says ready to respond to charges on unusual trades during OFS

The stock continues to fall, and is down over 36 per cent since September 15

Jio's postpaid play poses no risk to Vodafone, Airtel: India Ratings Report

India Ratings said Jio's plans do not threaten the postpaid customer base of Bharti Airtel and Vodafone Idea due to sticky nature of customers and similar content offerings

Loan moratorium case: Adverse SC verdict could heavily affect banks in Q2

Financials of banks may take Rs 10,000 - Rs 20,000 crore of hit if interest on interest is waived

NHAI agrees to suggestions by developers body to ease highway construction

Other suggestions pertaining to policy related matters have been sent to the ministry for consideration

MRPL plans 2G ethanol plant in Karnataka to boost energy security

Apart from the reduction of imports, the 2G ethanol usage in petrol helps reduce greenhouse gas emissions and also provides additional income to farmers.

Equitas SFB revises offer size for proposed initial public offering

Equitas Small Finance Bank had received the Sebi's approval for the IPO on March 3

Jio says its in-flight services to operate at 20k feet at Rs 499 per day

Jio's partner airlines include Virgin Atlantic, Swiss, Emirates, Etihad Airways, Euro Wings, Lufthansa, Malindo Air, Biman Bangladesh Airlines and Alitalia, according to the statement

Eight companies bid to build 28 bridges for Bullet train project: NHRSCL

The National High Speed Rail Corporation Limited (NHSRCL) opened technical bids for two packages for the bullet train project between Mumbai and Ahmedabad on Friday

JSW Solar bags 810 MW blended wind energy projects from state-owned SECI

JSW Energy on Friday said its solar power subsidiary has bagged 810 MW blended wind energy projects under an auction conduced by state-owned SECI.

$6 billion telecom bankruptcies left hanging in India as ministries argue

Government branches are delaying bankruptcy settlements in a country whose banks suffer the world's worst bad debt ratios.

NTPC gets shareholders' nod to raise up to Rs 15,000 cr via bonds

The funds would be raised for capital expenditure , working capital and general corporate purposes, in the domestic market

Govt to study legal options after losing Vodafone arbitration case

"The govt will be studying the award and all its aspects carefully in consultation with our counsels," Finance Ministry said in a statement, adding that it will consider all options

Flipkart onboards 13,000 kiranas in eastern region ahead of festive season

The company also said this is part of a programme to onboard 50,000 kiranas across the country to provide a faster e-commerce experience to its consumers.

SBI Cap takes over collateral for 56% stake in Jindal Stainless

As on June 30, 2020, promoter and promoter group of Jindal Stainless held 68.12 per cent stake in the firm company with the balance 31.88 per cent being public shareholding.

Online grocery segment to touch $3 billion by year-end: Report

COVID-19 induced tailwinds, coupled with participation from large conglomerates like Reliance are expected to drive growth in the online grocery segment in India

Hetero launches pack of generic Covid-19 drug favipiravir at Rs 2,640

Drug firm Hetero on Friday said it has launched a pack of its generic oral antiviral drug-- Favivir 800/200-- for the treatment of mild-to-moderate symptomatic COVID-19 patients in India.