Page 3537 - Company News

SpiceJet may take more of Jet Airways' 737 MAX planes, says chairman

The grounding of MAX planes has hurt SpiceJet's capacity expansion and international plans and raised costs

NHPC to get Rs 4,500-cr loan from PFC, REC to revive Lanco Teesta project

The company has also put in an expression of interest for Jal Power, another insolvent hydropower unit with a capacity of 120 Mw in Sikkim

NHPC gets debt commitment of Rs 4,500 cr from PFC, REC for Teesta project

The project will be implemented at an estimated project cost of Rs 5,748 crore which includes the bid amount

Auto slowdown: Ashok Leyland declares no production from October 2 to 15

The firm's sales declined across categories in September

Adani Group firm raises $362.50 million through 20-year green bonds

Funds will be used to retire foreign currency and rupee loans; balance will go towards capex and other purposes

Bosch India to stop engine production to adjust with market demand

In August, the company had announced that it will temporarily stop production at its two plants separately during the month for a total of 13 days to "avoid unnecessary build-up of inventory"

ITC may not need to hike cigarette prices after tax rate cut, vaping ban

The firm is likely to be a major beneficiary of the tax rate cut, and is likely to post a 19% earnings growth during FY20

L&T, Afcons in fray to develop Rs 5,877 cr Gorakhpur Link Expressway

A flagship of Adityanath govt, the 91 km-long Expressway will be developed in two different packages, for which UPEIDA has received 21 bids from 13 companies

Johnson Controls-Hitachi JV sets up global development centre in Gujarat

GDC at Kadi is the company's fourth globally, after two in Japan and one in China

Dunzo raises over Rs 319 cr in fresh funding from Lightbox, Google, others

The funding values the company at $180-200 million. Dunzo has raised a total of $81 million.

PE firm Advent acquires women's innerwear brand Enamor in Rs 320 cr deal

The transaction is Advent's eighth investment in India in the past four years and its fourth in the consumer goods sector during the same period

Ola inching closer to profitability, may float IPO in two years: Report

While Ola's high cash burn, owing to its fierce fight with Uber, is a dampener, some of its recent bets on newer areas make it attractive

Hyundai Motor India launches Elantra with price starting at Rs 15.89 lakh

The new model comes with 2 litre petrol powertrain mated with six-speed manual and automatic transmissions.

Bharti Airtel to test views on debt cut efforts with overseas bond issue

The wireless carrier is planning to sell a dollar perpetual bond -- debt with no set maturity -- as early as October 8

Plastic ban: Biocon may replace disposable insulin pens with reusables

Biocon's ready-to-use pre-filled disposable pen with insulin Glargine is manufactured at its plant in Bengaluru

Mahyco's international arm to raise $20 million from IFC for expansion

This will be part of the $26 million the company plans to use to expand its cotton business in Sub-Saharan Africa (SSA) and its rice and eggplant business in Asia

Sunil Mittal bats for Huawei Technologies, says it should be in play

According to Mittal, it is surprising how fast Huawei have improved their technology.

Rising tractor volumes drive gains for Mahindra & Mahindra stock

Fair valuation, Ford tie-up key to further upside

Tata Motors to drive in Nexon EV in Q4; to be priced between Rs 15-17 lakh

The vehicle will be powered by the company's recently introduced Ziptron Technology

Lexus unveils new RX 450hL in Indian market priced at Rs 99 lakh

The fourth generation model, which now comes with an additional third row seating, will be available for booking starting this month.