Page 3376 - Company News

Gloria Jean's Coffees to open 40 outlets across Indian metros, mini-metros

Bengaluru, Mumbai, Delhi NCR and Hyderabad would be the main market with multiple outlets in each city

Post NCLT extension, Jet Airways' creditors decide to seek fresh bids

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), according to a regulatory filing on Monday

CIL starts buying 6,000 tonnes coal a day from OCPL's Odisha captive block

Though coal production from the captive mine has started, the fuel could not be reached to the thermal power plant due to evacuation bottlenecks, forcing OCPL to stop mining, the official said

Sebi signs pact with Kazakhstan-based AFSA for mutual co-operation

The MoU was signed by Chairman of Sebi Ajay Tyagi and the acting chief executive officer of AFSA Mukhtar Bubeyev

Sebi approves CDSL proposal to set IFSC branch in Gujarat's GIFT City

It facilitates settlement of trades on stock exchanges and maintains and services 1.95 crore demat accounts of investors or beneficial owners (BOs) spread across India

Indiabulls Real Estate sells commercial assets to Blackstone for Rs 810 cr

Indiabulls has been selling its completed as well as ongoing commercial assets to Blackstone to reduce its debt

Credit Suisse probe reveals another bank executive under surveillance

The probe was launched following media reports last week that spying at Credit Suisse ran deeper than one case

Ola unveils AI-enabled safety feature in 17 markets across India, Australia

Ola's 'Guardian' feature uses real-time data from rides to automatically detect irregular trip activity, including prolonged stops and unexpected route deviations

Why the Govt is trying to stop Reliance from selling assets to Aramco

The Delhi high court ordered RIL and BG Exploration and Production India Ltd, a unit of Shell India, to disclose their assets after the Centre sought to restrain the companies from disposing them

Netflix price cuts hotting up streaming war in India as data costs go up

Netflix is already trying to get ahead of the move, slashing prices by as much as half for subscribers that commit to at least three months

General insurers want FDI raised to 74%, valuation remains a concern

Some even want 100% FDI; last week apex body General Insurance Council held meeting with members to discuss the issue of FDI

Preference to GIC likely to continue in reinsurance business in India

As a rule, GIC Re is given preferential treatment in taking reinsurance risk.

GoAir cancels 18 domestic flights over shortfall of aircraft, cockpit crew

The abrupt cancellations of their flights are causing a lot of inconvenience to passengers.

Corp Affairs Min moves NCLAT, seeks modification in its order on Tata Sons

Passing an order on December 18, NCLAT had directed for the reinstatement of ousted Cyrus Mistry as Chairman of Tata Sons.

SpiceJet re-starts 3 Boeing 737 freighter aircraft ops that were grounded

SpiceJet has four freighter planes that operate on domestic as well as international routes

Reliance Infra wins arbitration award of Rs 1,250 crore against DVC

A three-member arbitration tribunal unanimously gave the award in favour of Reliance Infrastructure on December 21

L&T Tech bags engineering, procurement project worth millions in Europe

The expansion project will be implemented at the customer's brownfield plant in Germany over 30 months

Zee says 3 cable operators of 'illegally blocking' channels in Tamil Nadu

Nearly 70 per cent of share gains for Zee came from its regional network.

MNCs like Stryker, Medtronic eye growing robotic surgery space in India

As robotic surgeries pick up pace in the country, major multinational players are planning to bring their new technologies here

Tata 'legacy hotspots' continue to pull down group's financial performance

These firms' finances are far from sustainable and they suffer from poor profitability and high debt