Page 374 - Company News

Airbus' annual sourcing from India to touch $2 bn before 2030: CEO Faury

The Airbus order book has more than 1,300 aircraft to be delivered to Indian carriers and IndiGo alone has more than 900 planes on order, including wide body A350s

Atmosphere Realty clears Rs 218 crore debt from Marubeni Corporation

The debentures were originally set to mature on December 9, 2030, with a maximum tenor of 10 years. These NCDs were fully redeemed on March 24, 2025

Nabhdrishti Aerospace raises $3 mn to develop next-gen propulsion tech

Founded in 2023, Nabhdrishti is focused on building sustainable, indigenous propulsion systems that can reduce India's reliance on imported aerospace technology

Godrej Properties acquires CIDCO land in Navi Mumbai for Rs 717 crore

Earlier, in October 2024, the company had emerged as the highest bidder for these plots with a revenue potential of Rs 3,500 crore

REC board approves ₹1.70 trillion borrowing plan for FY26 operations

REC Ltd plans to raise ₹1,55,000 cr in FY26 via domestic bonds, debentures, capital gains bonds, rupee term loans, and external commercial borrowings (ECBs)

L&T bags biggest order till date for offshore units from QatarEnergy LNG

L&T secures largest order till date from QatarEnergy LNG to commission two offshore compression complexes

DLF acquires nearly 50% stake in DLF Urban from GIC for Rs 497 crore

With this deal, DLF will have 100 per cent stake in DLF Urban Pvt Ltd, which has already completed a luxury housing project in the national capital

Jio, Airtel, Vi plan roll out of built-in caller ID to curb spam calls

Telecom operators like Jio, Airtel, and Vi have engaged vendors for a caller ID service on all smartphone screens without requiring any third-party app like Truecaller

Petrobras to finish analysis of Shapoorji's FPSO appeal in India this week

The Indian company was the only one to bid on chartering a production storage and offloading vessel, known as an FPSO, for Petrobras' Barracuda and Caratinga fields

Trump diktat to lengthen OVL's quest to repatriate Venezuela dividend

ONGC's overseas arm had applied for a sanctions waiver to access $500 million dividend from two Venezuelan projects

JSW Steel becomes world's most valuable steelmaker with $30.3 bn mcap

A sharp focus on innovation, sustainability, and strategic investments has cemented JSW Steel's position at the forefront of the industry, say group officials

Lender SMFG raises $175 mn through ECB facility on a fully hedged basis

Company to use fund to expand portfolio and provide 'greater access to credit for individuals and businesses'

DLF acquires 49.99% stake in DLF Urban from GIC arm for Rs 497 crore

With this deal, DLF will have a 100 per cent stake in DLF Urban, which has developed a luxury housing project in the national capital

Tata Steel appoints three Wales contractors for green steel-making project

Over 300 skilled jobs in the local supply chain will be part of new contracts signed with Bridgend-based companies Darlow Lloyd and Sons, Wernick Buildings, and Swansea-based business

Apple plans to unveil new software at June 9 developers programme

The conference will be held online, the company said Tuesday, save for in-person keynote presentations at the beginning of that week

Tata group seeks 80 acres more to expand Dholera semiconductor chip plant

Gujarat govt had earlier allocated 20-acre land parcel to conglomerate

Govt slaps Samsung with $601 million tax demand for telecom imports

Samsung was ordered to pay 44.6 billion rupees ($520 million), consisting of unpaid taxes and a penalty of 100%

Madras HC Bench recuses itself from hearing TASMAC plea against ED searches

In its petition, TASMAC sought a direction to the ED not to harass its employees under the guise of investigation

Goldman Sachs acquires Samvardhana Motherson's shares worth Rs 87 cr

Meanwhile, Hong Kong-based asset management firm Kadensa Capital through its arm -- Kadensa Master Fund -- sold the same number of the shares at the same price

315Work Avenue plans to add 2 mn sq ft in FY26, invest Rs 400 crore

315Work Avenue's expansion aligns with its strategy to establish a presence in 10-12 cities over the next two years and reach 5 million square feet this year