Page 304 - Company News

Indian Hotels CEO highlights high taxes hurting tourism sector growth

In her Budget speech on February 1, Sitharaman stated that the top 50 tourist destination sites in the country will be developed in partnership with states through a challenge mode

Instamart appoints Ankit Jain as Senior VP of Operations

Ankit recently served as the Senior Vice President, Head of Grocery and Large Supply Chain as well as Ekart Design at Flipkart

IVCA asks VCFs to act on Sebi circular, migrate to AIF regime by July 19

IVCA has urged all legacy VCFs, especially those who are holding residual assets, to immediately evaluate their eligibility and apply to SEBI for migration before the due date

In relief for L&T, SC accepts scrapping of MMRDA's ₹14,000 cr road tender

Supreme Court rules that cancelling the tender for Mumbai road projects serves public interest, paving way for fresh bids and ending L&T's legal challenge

IndiGo adds London, Amsterdam, Manchester to international flight map

IndiGo will begin direct long-haul flights to 10 global destinations, including London, Amsterdam and Manchester, from July 2025 as part of its global network expansion

Instamart appoints Ankit Jain as senior vice president of operations

His appointment comes at a time when the company has undergone a brand revamp, marking a clear move to position Instamart as an independent brand

Kanakia, US-based Hines, Japanese firms partner for $1 bn project in Mumbai

Consortium will develop a premium office project in Mumbai's Bandra Kurla Complex, India's costliest office hub

Ramdev's Patanjali under probe for suspicious transactions, faces govt scrutiny

The Ministry of Corporate Affairs has sent a notice to Patanjali Ayurved over alleged fund diversion and governance lapses flagged by federal economic intelligence agencies

Indian consumer rapidly evolving due to aspirations, tech: HUL chief

'New dynamics a significant opportunity' for FMCG sector, says Nitin Paranjpe

Battling losses and loans, one state-owned telco pulls ahead of another

BSNL and MTNL have needed state support but their financial trajectories are now diverging

Jubilant Bhartia eyes ₹5,650 cr NCDs to fund 40% stake in Coca-Cola deal

Jubilant Beverages Ltd plans to issue ₹2,650 crore in unsecured, listed NCDs, with ₹795 crore from anchor investors and ₹1,855 crore from the broader market tranche

IPO-bound Oyo seeks to rename parent firm to pursue premiumisation

There is a high possibility that the name chosen through the exercise may end up being the name of the premium hotels app that Oyo has been working to launch in the near future

JSW Steel eyes Mongolia coking coal, cites logistics as key challenge

Mongolia has been on the company's radar for exploring as a supply partner, but there are logistical challenges because it is a landlocked country

Prestige Estates, Valor Group to develop ₹4,500 cr office complex in Mumbai

The project entails a total leasable area of 1.5 million sq ft and a Gross Development Value (GDV) of about Rs 4,500 crore

HUL MD Rohit Jawa's total remuneration rises 3.7% to Rs 23 cr in FY25

The annual report said that Jawa's remuneration was 146.47 times more than the median remuneration of employees

Realisation worries, capital expenditure likely to hit NMDC stock

In Q4FY25, volume growth picked up. NMDC implemented price hikes in FY25. In future, volume pick-up and stable realizations will be key

How Sebi fixed ₹20 cr disgorgement in IndusInd Bank insider trading case

Market regulator says five senior officials of the lender sold shares while holding unpublished price-sensitive information

Fintech firm Razorpay completes reverse flip from US to India ahead of IPO

Fintech firm Razorpay has moved its parent company's domicile from the US to India as it gears up for an IPO, joining the growing trend of Indian startups relocating home

Competition helps us stay in top form: Coca-Cola COO & EVP Henrique Braun

India is Coca-Cola's fifth-largest market by volume, with resilient demand, quick commerce expansion and digitisation helping drive growth, says Henrique Braun

LIC picks up Adani Ports and Special Economic Zone's entire Rs 5K cr issue

LIC fully subscribes to Adani Ports' Rs 5,000 crore 15-year bond issue at 7.75% in a privately negotiated deal, as other firms struggle to raise targeted amounts