Page 3426 - Company News

NTPC reported 19 cases of contractor irregularities in three years

The irregularities cited include bribes taken from contractors, steel pilferage, corruption in land acquisition deals, and submission of forged bank guarantees

CCI okays Nippon Express' 22% stake buy in Future Group's logistics arm

Nippon Express will also have representation on FSC's Board of Directors, which will further strengthen its Board through their strategic direction

Hyundai joins Maruti, Tata in increasing car prices from January

The increase has been necessitated on account of rise in input and material costs, Hyundai said

Bharti Airtel poised to be biggest gainer if Voda Idea decides to shut shop

Focus on postpaid, 2G network, and vibrant enterprise business make Airtel attractive

Xander-Dutch APG venture buys two Tata Realty malls for Rs 700 crore

Currently, VRSA has 5.4 million sq ft of properties across Surat, Bengaluru, Chennai, and Punjab.

Koovs to call in administrators as Future Lifestyle fails to invest $8.3 mn

Future Lifestyle Fashions, a part of Future Group, India's largest retail firm, is Koovs' largest investor

After festive cheer, passenger vehicle sales hit the slow lane in November

Domestic passenger vehicle sales fell 0.84 per cent year-on-year (YoY) to 264,000 units in November, according to the data released by industry body Society of Indian Automobile Manufacturers

RIL, Adnoc to co-develop ethylene dichloride facility in Abu Dhabi

The JV will give Adnoc an indirect access to India's growing petrochemical demand, and RIL raw materials for its PVC business in the country

LIC woos millennials with upgraded website, better customer service

Online upgrade, push to agency and alternate channels has helped it increase market share

Alstom starts making train sets for Mumbai Metro, to deliver by Nov 2020

Alstom's overall contract with Mumbai Metro Rail Corporation is valued at Euro 452 million. It would be running on a 33.5-kilometre in total length of Aqua Line.

Bharti Airtel launches WiFi calling in Delhi-NCR; Jio may follow suit

The Wi-Fi calling will let Airtel users make use of the Wi-Fi network in their homes to make calls using VoIP, instead of relying on cellular connectivity

Sebi exempts Somany Ceramics promoter trusts from making open offer

As per the regulatory norms, the proposed acquisition will attract the obligation to make open offer under the Takeover Regulations.

S&P Global Platts expanding India presence; focus on agriculture to go up

S&P Global Platts, acquired Live Rice Index (LRI), a global provider of information and benchmark price assessments for the rice industry, earlier this year

Law firm Cyril Amarchand Mangaldas acquires M&E Practice of Ashni Parekh

Commenting on her move, Parekh, said it will provide tremendous potential to develop and take practice forward.

Tonino Lamborghini Company set to enter real estate space in India

Seeks partner who can execute entire projects while Tonino Lamborghini focuses on branding and designing luxury apartments

Switzerland is country partner for BioAsia event on February 17-19

BioAsia is an annual event in which stakeholders in the lifesciences sector discuss new innovations and explore possibility of business collaborations in the sector

UK's CDC Group invests $36 mn in Warburg Pincus-backed Ecom Express

Ecom Express offers express delivery to the e-commerce industry; claims its network reaches 90% of India's population

CDC Group invests $36 million in Warburg Pincus-backed Ecom Express

The fund will work with Ecom Express to transit a proportion of its distribution fleet to electric vehicles

Trai issues revised MNP process notice; new norms effective from Dec 16

There is no change in the porting timelines for the corporate mobile connections, the Telecom Regulatory Authority of India (TRAI) said

Tata Motors global sales down 15% in Nov; Jaguar-Land Rover posts 2.4% fall

The group had sold 1,04,964 units in the same month last year