Page 377 - Company News

Kotak Mahindra Bank appoints Bhavnish Lathia as Chief Technology Officer

The post fell vacant following resignation of Milind Nagnur, effective February 15, who was the chief operating officer and chief technology officer, due to personal reasons

DLF to invest ₹20,000 cr in housing projects, eyes ₹43k cr surplus cash

DLF will generate around Rs 43,000 crore of total surplus cash potential from the launched projects

Reliance Jio keen to invest in IT sector in Tripura: CM Manik Saha

Tripura Chief Minister Manik Saha on Saturday said that Reliance Industries Jio is keen to invest in the Information Technology sector in the state.

Oji India opens new factory in Andhra's Sri City, to generate 300 jobs

Oji Holdings Corporation President and Group CEO Hiroyuki Isono stated that the facility has the potential to set new benchmarks in sustainable packaging while driving regional growth

Amazon introduces non-refundable ₹49 processing fee: Know all about it

Amazon said the processing fee is intended to cover costs related to the 'aggregation, management, and processing' of bank discount offers on its platform

Omaxe to invest Rs 400 cr to develop 2 commercial projects in Faridabad

The total estimated cost to build these two projects is over Rs 400 crore, Omaxe said, adding that this will be funded through internal accruals

Godrej Properties acquires around 10-acre land in Bengaluru's Yelahanka

The project will have an estimated revenue potential of ₹ 2,500 crore

'Fix accessibility for disabled persons or pack up': Delhi HC warns Rapido

An internal audit found 170 accessibility errors in the Rapido app, prompting the Delhi High Court to warn that the company must fix these issues or shut down its operations in India

Ola Electric addresses sales discrepancies, vows to clear backlog

The company's clarification came amid sales figure mismatch, consumer complaints

DLF to invest Rs 20,000 crore in commercial real estate expansion

The DCCDL, a joint venture between DLF and GIC, holds the bulk of rental assets of the DLF group. DLF has a 67 per cent stake in the JV firm

IndiGrid to raise Rs 4,200 crore to acquire transmission and solar assets

Rating agency ICRA has assigned an "AAA" rating to the proposed debentures

IndusInd Bank to hire independent firm to probe derivatives discrepancies

The firm will assess the correctness and impact of accounting treatment of derivative contracts in accordance with prevailing accounting standards, identify any lapses, and establish accountability

Rasna to foray into ready to drink segment, says chairman Piruz Khambatta

Early summer onset, quick commerce and e-commerce to drive growth

SaaS firm Unicommerce bets big on Shipway to take on rival Shiprocket

The SaaS firm recently acquired remaining 57.24% in Shipway after securing 42.76% in December last year

Green hydrogen: RIL buys land, Adani Energy wins transmission order

RIL said its arm has acquired NTPL from Welspun Tradings; AESL said it won the project under tariff-based competitive bidding mechanism

Nine injured at Tata Steel Kalinganagar plant, no impact on production

The medical team is currently attending to the injured and has confirmed that everyone is now out of danger

CCI rejects allegations of anti-competitive practices against GMR Airports

The Indira Gandhi International Airport (IGIA) in the national capital is operated by the GMR Group-led consortium Delhi International Airport Ltd (DIAL)

L&T board approves nearly Rs 12,000 crore debt-based fundraising plan

L&T also announced appointment of Subramanian Sarma, whole-time director and president, energy, as the deputy managing director and president of the company with effect from April 2, until Feb 2028

PFCCL incorporates two special purpose vehicles for transmission systems

NES NAVI Mumbai Transmission is for the transmission scheme of network expansion scheme in Maharashtra for providing supply to Data Centre Loads in Navi Mumbai

Shapoorji Pallonji gets over $4 bn in investor commitments for debt sale

Altogether, the investors may bid for 50%-75% of the issue, the sources added, requesting anonymity as they are not authorised to speak to the media