Page 368 - Company News

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

Jubilant FoodWorks Q4 business update: Revenue up 34% to Rs 2,107 cr

For the fiscal 2025, its consolidated revenue from operations rose 44 per cent to Rs 8,145.5 crore, as per a quarterly update filed by the company

Swiggy receives Rs 7.59 cr tax demand notice for AY 2021-22 in Pune

The company believes that the order has no major adverse impact on its financials and operations

Zomato food delivery COO Rinshul Chandra resigns to pursue new passions

Chandra has resigned with effect from April 5 'to pursue new opportunities and passions', Zomato stated in the filing

EV sales to surge, penetration likely to hit 12-13% in 5 years: Hyundai COO

There is now clarity in the industry that electric vehicles are the way forward in the country, he added

HMEL crosses record 2 million tonnes polymer sales mark during FY25

HMEL has undertaken a massive $3 billion expansion of petrochemical capacity, increasing its polypropylene capacity to 1 million tonnes a year

Toyota eyes volume growth this financial year on sales infra push, SUVs

The automaker, which reported record sales in the last fiscal, expects demand for its SUVs and MPVs to remain robust in the ongoing financial year

Tesla's entry will boost India EV market, competition not a concern: BMW

The group, which sold a total of 1,249 units of electric cars in India across two brands, BMW and MINI has already sold 646 units in the first quarter of 2025

Corporate affairs ministry proposes changes to fast-track mergers

The ministry has sought public comments till May 5 on the proposed amendments in the rules to widen the scope of fast-track mergers under the Act

Dr Reddy's gets over Rs 2,395 crore show cause notice from I-T authority

The company further said it strongly believes that there is no escaping of tax pursuant to the said merger scheme