Page 402 - Company News
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
 "UP govt shifts land allocation for HCL-Foxconn chip unit to cut down delays")
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
 "AI Express adds 100th plane in fleet; aims at 500 daily flights by Mar-end")
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
 "Zenzo rolls out 25,000 private ambulances in 450 cities across India")
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
 "Investcorp Real Estate, 6 others settle AIF rule violation case with Sebi")
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
 "Fitch lifts Adani Energy rating watch, first upgrade since US indictment")
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
 "Godrej Consumer to hike soap prices gradually amid palm oil price surge")
Insolvency-bound Jaiprakash Associates must be sold as one unit: NCLT
NCLT has said 'Form G' published by the resolution professional of JAL inviting Expression of Interest from prospective buyers
 "Insolvency-bound Jaiprakash Associates must be sold as one unit: NCLT")
NCLT approves resolution plan for Universal Buildwell's stalled projects
It is one of the most complicated cases, involving multiple projects in prime locations in Faridabad and Gurugram and more than 1,000 homebuyers
 "NCLT approves resolution plan for Universal Buildwell's stalled projects")
Capital Infra Trust calls raising Rs 2,363 cr via NCDs to refinance debt
HDFC Bank and IndusInd Bank have subscribed to the NCD, which aims to enhance investor yields by refinancing high-cost debt instruments of the project SPV
 "Capital Infra Trust calls raising Rs 2,363 cr via NCDs to refinance debt")
CM Yogi Adityanath inaugurates Avaada Group's 1.5GW solar facility in Noida
The 1.5 GW PV module manufacturing unit in Dadri is a significant step in Avaada Group's commitment to sustainable innovation
 "CM Yogi Adityanath inaugurates Avaada Group's 1.5GW solar facility in Noida")
Honda appoints Takashi Nakajima as new President & CEO of Honda Cars India
Takashi Nakajima will succeed Takuya Tsumura, who will return to Japan to join Honda's headquarters after completing his three-year tenure in India
 "Honda appoints Takashi Nakajima as new President & CEO of Honda Cars India")
Chinese brand iQOO ties up with top 7 e-sports gamers to test its phones
The online gamers will help the vivo group brand to design high-performance devices for a seamless gaming and live streaming experience
 "Chinese brand iQOO ties up with top 7 e-sports gamers to test its phones")
Air India flight forced to return to Chicago due to clogged toilets
A video surfaced on social media, showing the commotion in the Air India flight with passengers on-board crowding one section of the plane
 "Air India flight forced to return to Chicago due to clogged toilets")
Fitch cuts Adani Energy's outlook to negative, cites US probe risks
The US indictment may lead to negative rating action in the near to medium term for Adani Energy
 "Fitch cuts Adani Energy's outlook to negative, cites US probe risks")
Zomato transforms into Eternal Ltd as it expands beyond food delivery
Zomato rebrands as Eternal Ltd, signaling expansion beyond food delivery, while its app and brand remain unchanged
 "Zomato transforms into Eternal Ltd as it expands beyond food delivery")
AI development risks bias due to underrepresentation of women: Microsoft
The need for greater female participation is especially critical in emerging fields like cybersecurity, where demand is high, but women remain underrepresented
 "AI development risks bias due to underrepresentation of women: Microsoft")
Twilight actor Michael Sheen pays debt of 900 laid-off Tata Steel workers
Hollywood actor Michael Sheen started a debt acquisition company to help 900 people with his own money after Tata Steel's plant in South Wales halted operations of the blast furnace, causing job loss
 "Twilight actor Michael Sheen pays debt of 900 laid-off Tata Steel workers")
Farmers vs RCF: CCI complaint alleges unfair fertiliser trade practices
Rashtriya Chemicals and Fertilizers Ltd has been accused of using coercive tactics such as 'product tying' or 'tagging' to force farmers to purchase higher-than-necessary quantities of fertilisers
 "Farmers vs RCF: CCI complaint alleges unfair fertiliser trade practices")
Sun Pharma to acquire US based Checkpoint Therapeutics for $355 million
The deal is in line with Sun Pharma's active push in recent years to expand its oncology and immunotherapy portfolio through several acquisitions and collaborations
 "Sun Pharma to acquire US based Checkpoint Therapeutics for $355 million")
Mahindra at number two: Tech development, EV plans to drive its future
125-acre campus of Mahindra Research Valley in Tamil Nadu fuelling company's innovations
 "Mahindra at number two: Tech development, EV plans to drive its future")