Page 3387 - Company News
Vedanta will consider making an offer for BPCL, says Anil Agarwal
The Cabinet recently approved strategic divestment of the government's 53.29 per cent stake in BPCL
 "Vedanta will consider making an offer for BPCL, says Anil Agarwal")
Jairam Sridharan joins Piramal Enterprises; to lead consumer finance biz
Sridharan joined Axis Bank in June 2010 and was elevated to CFO in October 2015
 "Jairam Sridharan joins Piramal Enterprises; to lead consumer finance biz")
Ola's self-driven car-sharing service registers sharp demand after launch
The average number of kilometers and hours pre-booked by customers has also quadrupled for the upcoming holiday season
 "Ola's self-driven car-sharing service registers sharp demand after launch")
OYO appoints Ankit Gupta as COO, senior VP in India and South Asia
Ankit Gupta, an alumnus of IIT Bombay, joined OYO India & South Asia from McKinsey & Co where, as a tenured Partner, he was the global leader of their real estate transformation practice
 "OYO appoints Ankit Gupta as COO, senior VP in India and South Asia")
Singareni Collieries gets green nod for Rs 5,879 cr Telangana power project
SCCL has identified 127.31 hectares of land separately just adjacent to the existing plant. The estimated cost of the project is Rs 5,879.62 crore, the documents showed.
M&M announces board rejig, Anand Mahindra to be non-executive chairman
In a statement, the firm said Pawan Kumar Goenka has been re-appointed the managing director with additional responsibilities of chief executive officer
 "M&M announces board rejig, Anand Mahindra to be non-executive chairman")
NLC India commissions 500 MW Unit 1 of first lignite-fired power plant
This is the first 500MW lignite fired power boiler in the country as the highest capacity of lignite-fired boiler so far was upto 250 MW only, a press release said.
 "NLC India commissions 500 MW Unit 1 of first lignite-fired power plant")
Commercial coal mining for pvt sector to cut import dependency: Vedanta
The Centre had termed the move of opening up of commercial coal mining for the private sector as the most ambitious coal sector reform
 "Commercial coal mining for pvt sector to cut import dependency: Vedanta")
Lupin gets USFDA approval to market generic skin ointment Desoximetasone
The Mumbai-based company's product is the generic version of Taro Pharmaceuticals Inc's Topicort Ointment.
 "Lupin gets USFDA approval to market generic skin ointment Desoximetasone")
Cadila gains after USFDA concludes plant inspection with no observations
The United States Food and Drug Administration (USFDA) inspected the company's topical manufacturing facility in Ahmedabad during December 16-20, 2019, the drug firm said in a BSE filing.
 "Cadila gains after USFDA concludes plant inspection with no observations")
Ratan Tata's legacy as brand custodian challenged as he fights Mistry
Ratan Tata converted a sprawling, monolithic empire into a cohesive unit. He faces another career battle again
 "Ratan Tata's legacy as brand custodian challenged as he fights Mistry")
Fraud-hit CG Power appoints former CJI T S Thakur to head investigation
Justice Thakur was the Chief Justice of India from December 3, 2015 to January 4, 2017
 "Fraud-hit CG Power appoints former CJI T S Thakur to head investigation")
Cummins India: A value trap for investors or value buy? Analysts cautious
Likely to be effective from 2022, analysts at IIFL say Cummins India is ahead of the curve to cater to these products
 "Cummins India: A value trap for investors or value buy? Analysts cautious")
IHCL gets permission to build flagship hotel for Ginger brand
Ginger now operates 50 hotels, and is developing another 16
 "IHCL gets permission to build flagship hotel for Ginger brand")
Don't delay decision on reviving Jet Airways, NCLT tells Synergy Group
The South American group had failed to provide a resolution plan before December 16 deadline due to uncertainty on airport slots
 "Don't delay decision on reviving Jet Airways, NCLT tells Synergy Group")
Suzlon Energy appoints State Bank's nominee Rakesh Sharma as director
He has handled various assignments in retail banking, corporate credit, international banking, micro finance and agricultural banking at SBI.
 "Suzlon Energy appoints State Bank's nominee Rakesh Sharma as director")
Lenders to Indian textile firm Sintex reject $1 billion revamp plan
According to the resolution proposal, the Indian textile company will be able to service only 30 per cent of its 63 billion rupees ($888 million) of bank loans
 "Lenders to Indian textile firm Sintex reject $1 billion revamp plan")
Anti-CAA protests: 19 IndiGo flights stand cancelled, 16 others delayed
Four airlines -- Vistara, GoAir, Air India and IndiGo -- announced that their passengers, who are stuck in traffic due to anti-CAA protests in various parts of Delhi, will be adjusted in subsequent fl
 "Anti-CAA protests: 19 IndiGo flights stand cancelled, 16 others delayed")
Balkrishna appointed Ruchi Roy CMD, Ramdev to be director on new board
Besides, Acharya Balkrishna would also be chairman and Swami Ramdev a member of the corporate social responsibility committee of the board of Ruchi Soya
 "Balkrishna appointed Ruchi Roy CMD, Ramdev to be director on new board")
Auto Expo 2020: Digital tilts the wheel as marquee brands plan to skip
Even as big auto brands plan to skip the 2020 Auto Expo, as many did two years ago, Chinese carmakers are stepping in to claim their spot
 "Auto Expo 2020: Digital tilts the wheel as marquee brands plan to skip")