Page 378 - Company News

WazirX parent verifies platform assets, liabilities before creditor voting

The independent assessors (IA) verified the existence, control, and quantity of the platform assets

Ibis plans expansion in key metros, focusing on greenfield projects

On Thursday, it added a fifth hotel at the Bandra Kurla Complex (BKC), with 206 rooms, making Mumbai a major market in terms of revenue contribution

Hindalco unveils new identity, tagline to mark transformation strategy

K M Birla, chairman of the Aditya Birla Group, at the event also reiterated plans to invest Rs 45,000 crore in next-generation high-precision engineered products

X takes Indian govt to court, alleges arbitrary censorship of content

The petition, filed under Article 226, alleged that the Union government circumvents safeguards under Section 69A of the Information Technology Act, 2000 (IT Act)

Allianz, Jio Financial strike deal for insurance business in India

Allianz is aiming for a majority stake in the venture but is also open to securing governance rights with a path to taking control in the future, the report said

GM, Hyundai in talks to share pickups, electric vans in North America

Both automakers also face geopolitical tensions heightened by tariffs being levied or threatened by US President Donald Trump, which could curtail their ability to use imported components

PM Narendra Modi's entry puts Truth Social on India's digital map

Prime Minister's presence catapults Trump-backed platform from rank 375 to 13 in a week

IndusInd Bank appoints independent firm to probe accounting discrepancies

The independent firm, which the bank did not name, will identify the root cause of the discrepancies, assess the correctness of the accounting treatment of the derivative contracts

Jio Finance likely to delay its maiden bond issue of Rs 3,000 crore

"There are few days left in the financial year (FY25). Liquidity conditions will ease and after the rate cut, yields will soften," a source said

Bajaj Finance names Anup Kumar Saha as MD, Rajeev Jain becomes VC

Saha joined Bajaj Finance in 2017. He has served 25 years in the financial services industry, of which 14 years were with ICICI Bank and 11 years with non-bank entities

Sitharaman, Citi CEO discuss bank's staff growth in India, digitalisation

During their discussion, Jane Fraser highlighted Citi's expansion in India and expressed interest in strengthening the company's presence in the country

JSW Energy board approves allotment of 80,000 NCDs worth Rs 800 cr

Earlier in January, the board had approved a proposal to raise up to Rs 3,000 crore through the issuance of rated and listed non-convertible debentures (NCDs) on a private placement basis

Bajaj Finance elevates Anup Kumar Saha to managing director from April 1

Current managing director, Rajeev Jain, will become vice-chairman in the capacity of an executive director for a period of three years with effect from April 1, 2025

Bharat Biotech launches India's only integrated cell, gene therapy facility

BBIL's 50,000-square-foot CGT facility advances its mission to deliver life-saving treatments for haematological malignancies and inherited blood disorders

HC rejects Adani Cargo's plea against Kolkata Airport cargo terminal bid

Adani Global Air Cargo Solutions said it was excluded from participating in the bidding process due to a technical glitch that prevented it from logging in to submit its online bid

Piramal Pharma arm, Irish firm get UKMHRA approval for Neoatricon in UK

Developed by BrePco Biopharma, Neoatricon is an age-appropriate, ready-to-use, sterile solution for infusion of Dopamine Hydrochloride

Eli Lilly launches blockbuster anti-obesity drug Mounjaro in India. Prices here

Eli Lilly's much-anticipated drug for diabetes and obesity, that competes with Ozempic globally, is now in India. Here's what you need to know

Asian Paints completes divestment of its Indonesian operations for Rs 44 cr

APIPL on Thursday completed the divestment of the Indonesia operations by sale of the entire stake held by APIPL in PTAPI & PTAPCI for a consideration of SGD 6.8 million (about Rs 44 crore)

Aquaconnect commits $4.5 million for aquaculture biologicals R&D

This initiative reinforces the company's mission to provide deep life sciences-backed, innovative shrimp and fish health and farm care solutions

Govt directs ARAI to investigate Ola Electric's sales mismatch, complaints

Ola Electric has been facing regulatory heat with multiple authorities including consumer rights regulator CCPA ordering probes into complaints related to alleged deficiencies