Page 394 - Company News

The Executive Centre to expand co-working space by 2.38 lakh sq ft in March

The company which competes with WeWork, Regus and others like Awfis, has 15 lakh sq ft co-working space across the country. It aims to double its entire portfolio by 2027

Shipbuilding, signalling next growth engines: Titagarh Rail Systems

FM Sitharaman - in Union Budget speech - unveiled a slew of measures to open Indian maritime economy, including ₹25,000-crore maritime development fund, tax breaks, and new shipbuilding subsidy policy

Mahindra Agri Solutions eyes new global markets for Indian grapes

The company collaborates with over 500 farmers in Nashik, Baramati, and Sangli (Maharashtra), equipping them with farming techniques that enhance exportable yields

Godrej Consumer Products Tamil Nadu FMCG unit eyeing US, LatAm markets

The plant officially started operations with the ceremonial activation of the production line by Chief Minister M K Stalin, who marked the occasion by turning on the first production run

Syngene International acquires its first biologics unit in US for $36.5 mn

The facility, equipped with multiple monoclonal antibody (mAbs) manufacturing lines, comes for a deal value of $36.5 million

Tata Capital plans to raise $750 mn via ECBs under $2 bn MTN programme

The fundraising comes as the company prepares for an initial public offering (IPO), expected by September, pending shareholder approval

CleanMax, Osaka Gas form joint venture for India's green transition

The newly formed entity, CleanMax Osaka Gas Renewable Energy (CORE), will focus on wind-solar hybrid solutions, starting with a 400-megawatt (MW) portfolio in Karnataka

ChatGPT using our content may lead to unfair competition: ANI to HC

Addressing the legal implications of public accessibility, Advocate Ramanujan argued that the mere availability of content in the public domain did not nullify copyright protections

Sun Pharma to acquire US based onco-derma firm Checkpoint for $355 mn

Sun Pharma plans to leverage its global presence to accelerate patient access to this crucial treatment

Aveo Pharma suspects misuse of painkiller Tafrodol in importing countries

The company also clarified that the "stop production" order of Feb 24 was due to compliance issues under the Schedule M of the Drugs and Cosmetics Rules, 1945, and not due to the combination product

NCLAT upholds NCLT's approval for delisting of ICICI Securities

Shareholders of ISec will receive 67 shares of ICICI Bank for every 100 shares held. Shares of ISec last closed at ₹795, while that of ICICI Bank ended at ₹1,215

RBI may have concerns about my leadership, says IndusInd MD & CEO

Discrepancies in derivatives portfolio to have 2.35% impact on the lender's net worth

'Polythene bags, rags…': What clogged lavatories on Air India flight

AI126 from Chicago to Delhi returned to the US city on March 6. The company then stated that the flight was returned because of a technical issue

Examining probe report on SEMPL, Hero; no final conclusion yet: MCA

In June 2023, an investigation was ordered into the affairs of SEMPL and Hero MotoCorp for alleged irregularities and the investigation was carried out

UP govt shifts land allocation for HCL-Foxconn chip unit to cut down delays

HCL requested YEIDA to allocate land at a different location due to the anticipated delay due to the ongoing land acquisition process

AI Express adds 100th plane in fleet; aims at 500 daily flights by Mar-end

The airline said that it will be operating over 500 daily flights by the end of this month across a fast-expanding network of 54 destinations across India, the West Asia and Southeast Asia

Zenzo rolls out 25,000 private ambulances in 450 cities across India

Its a paid service with a standard pricing across the country, she told PTI, adding that for a basic ambulance the charges will be Rs 1,500 for 5 kms and additional Rs 50 per km after that

Investcorp Real Estate, 6 others settle AIF rule violation case with Sebi

Apart from Investcorp Real Estate Yield Fund, Investcorp India Asset Managers, Ajay Kumar, Niraj Sirsalewal, Ritesh Vohra, Gaurav Sharma and IDBI Trusteeship Services Ltd have settled the case

Fitch lifts Adani Energy rating watch, first upgrade since US indictment

Fitch said the indictment for alleged securities and wire fraud reflects a corporate governance risk for AESL

Godrej Consumer to hike soap prices gradually amid palm oil price surge

Sitapati does not expect the price hikes to have an impact on sales as palm oil-based products, including soap, tend "not to be discretionary" goods that consumers can forgo