Page 366 - Company News

IndiGo flight makes emergency landing after woman dies during flight

An official of the airline said Sushila Devi, a native of Mirzapur in Uttar Pradesh, boarded the flight from Mumbai and started feeling unwell mid-air

NCLAT dismisses IDBI Bank's plea for insolvency against Zee Entertainment

NCLAT upheld NCLT Mumbai's order rejecting a private lender's plea to start insolvency proceedings against Zee Entertainment Enterprises Ltd (ZEEL)

Wockhardt looks to exit US generics biz; tariff burden may hit consumers

Wockhardt is planning to exit the US generics business, while American consumers are expected to bear the impact of tariffs

Lodha clocks record pre-sales of Rs 4,810 crore in Q4 FY25, up 14%

Overall, in FY25, the company's pre-sales or properties sold before they're constructed stood at Rs 17,630 crore, surpassing its annual guidance of Rs 17,500 crore

Sun Pharma launches Fexuprazan tablets for Erosive Esophagitis treatment

The Mumbai-based drug major, in a statement, said it has launched Fexuprazan tablets (40 mg) in India under the brand name Fexuclue

Macrotech Q4 pre-sales rise 14% to Rs 4,810 crore on strong housing demand

Its sales bookings stood at Rs 4,230 crore in the year-ago period

Air India launches major jet revamp to lure back disgruntled passengers

The multi-year turnaround programme will initially focus on the airline's 27 Boeing Co. 787-8 Dreamliners that are more than 10 years old in some cases

Hyatt to expand India footprint with 6 hotels, 1 new brand in 2025

The hospitality chain will focus on its lifestyle brands like JdV and Andaz, and intends to bring its recently-acquired lifestyle brand Standard Hotels to the country

E-buses to drive 50% of India business by FY27: JBM Auto's Nishant Arya

E-buses account for 35% of JBM Auto's revenue at present. The company, a key player in India's automotive sector, particularly in the e-bus segment, has a 30-40 per cent market share in the country

GreenLine lines up additional $1 billion to expand its green fleet

GreenLine to raise $275 mn equity to fund green fuel, EV truck push

AERA unlikely to allow Mumbai international airport's legal cost claim

Adani Group-led MIAL, which operates the Mumbai airport, has requested AERA to include legal expenses under operating costs, as this would result in higher tariffs being approved by the regulator

Adani, Vedanta, Patanjali among 26 vying for Jaiprakash Associates' assets

JAL was admitted to the Corporate Insolvency Resolution Process (CIRP) through the National Company Law Tribunal, Allahabad Bench, order dated June 3, 2024

Internal restructuring to ensure seamless solutions, says Yes Bank

The internal restructuring is a strategic initiative designed to ensure seamless and consistent solutions at every touchpoint

Tata Motors' arm Jaguar Land Rover may look to clear US inventory fast

Analysts feel company will focus on profitable growth besides volume growth JLR likely to have 1-2 months' inventory in US which will now liquidate faster

MCA proposes wider scope for fast track M&As under present rules

MCA has proposed that unlisted cos which have reasonable debt exposure of less than Rs 50 cr and have not defaulted on repayment can go through the fast track mechanism under Sec 233 of Companies Act

Amul's revenue may touch Rs 1 trn by FY26; GCMMF's share likely at Rs 75Kcr

The turnover from direct marketing of Amul products by 18 member unions will be around Rs 25,000 crore this fiscal, taking the total revenue to Rs 1 trillion

ACME aims Rs 10K cr revenue from solar module, cell manufacturing by 2030

This is part of its strategic business diversification strategy as ACME Group expands its business footprint beyond Renewable Energy generation

Adani, Vedanta, Patanjali among 26 in fray to acquire Jaiprakash Associates

JAL has major real estate projects like Jaypee Greens in Greater Noida, a part of Jaypee Greens Wishtown in Noida (both on the outskirts of the national capital), and Jaypee International Sports City

IRCTC to operate 'North East Discovery' on Bharat Gaurav train from April

This 15-day journey will cover several North Eastern states, showcasing their natural beauty and cultural heritage

Galaxy Health Insurance targets Rs 200 cr premium this financial year: CEO

Galaxy Health Insurance is relatively a new entrant in the private sector insurance market backed by renowned industrialist Venu Srinivasan, Chairman Emeritus of TVS Motor Company