Page 413 - Company News
Omaxe to invest Rs 2,700 cr to modernise 6 bus terminals in Uttar Pradesh
Omaxe said that UPSRTC has awarded it a contract to modernise six key bus terminals in Ghaziabad, Lucknow (Gomti Nagar), Prayagraj, Kaushambi, Ayodhya and Lucknow (Amausi)
 "Omaxe to invest Rs 2,700 cr to modernise 6 bus terminals in Uttar Pradesh")
OYO elevates Sonal Sinha as CEO of newly-acquired G6 Hospitality
The acquisition, which was completed in December last year, added 1,500 franchised hotels across the US and Canada to OYO's portfolio
 "OYO elevates Sonal Sinha as CEO of newly-acquired G6 Hospitality")
Women envoys hail diverse workforce at Adani's clean energy, other projects
The ambassadors saw firsthand how the renewables project is integrating cutting-edge technology with sustainable development
 "Women envoys hail diverse workforce at Adani's clean energy, other projects")
HC directs Ananda Vikatan to remove offending caricature depicting PM Modi
On receipt of the information, the Union Ministry of Information and Broadcasting shall unblock the Ananda Vikatan website
 "HC directs Ananda Vikatan to remove offending caricature depicting PM Modi")
Knowledge Realty posts Rs 1,632 cr NOI in H1 FY25, set to be largest REIT
On Thursday, Knowledge Realty Trust (KRT) filed the Draft Red Herring Prospectus (DRHP) with Sebi to launch its REIT public issue for raising up to Rs 6,200 crore
 "Knowledge Realty posts Rs 1,632 cr NOI in H1 FY25, set to be largest REIT")
L&T offers one-day menstrual leave for women employees in parent group
L&T Chairman SN Subrahmanyan announced a one-day paid menstrual leave for women employees in the parent company, benefiting around 5,000 staff; subsidiaries remain excluded
 "L&T offers one-day menstrual leave for women employees in parent group")
Top talent moving to the US: Sachin Bansal on India's brain drain
He also pointed out that Indians are highly successful in the US, often holding top leadership positions
 "Top talent moving to the US: Sachin Bansal on India's brain drain")
Nayara Energy to make a buyback offer to its minority shareholders
Company board decides on buyback at Rs 731 per share
 "Nayara Energy to make a buyback offer to its minority shareholders")
On track to achieve all our initial targets: Birla Opus CEO Raksit Hargave
Birla Opus is the paints division of the Aditya Birla Group subsidiary Grasim Industries
 "On track to achieve all our initial targets: Birla Opus CEO Raksit Hargave")
IIFL Capital Services buys additional shares of Avanti Feeds for Rs 470 cr
IIFL Facilities Services on Thursday bought additional shares of Avanti Feeds for Rs 470 crore through an open market transaction.
 "IIFL Capital Services buys additional shares of Avanti Feeds for Rs 470 cr")
Sattva Group, Blackstone-backed trust files for ₹6,200 cr REIT public issue
KRT will be the largest REIT in India in terms of Net Operating Income (NOI) and Gross Asset Value which is estimated at around Rs 60,000 crore
 "Sattva Group, Blackstone-backed trust files for ₹6,200 cr REIT public issue")
Coromandel International to double sulphur fertiliser capacity in Vizag
Coromandel International Ltd Managing Director and CEO S Sankarasubramanian said, "At Coromandel we believe in delivering innovative and sustainable Agri-solutions to the farmers
 "Coromandel International to double sulphur fertiliser capacity in Vizag")
Delhi-bound Air India flight returns to Chicago due to technical issue
The flight was operated with a Boeing 777-337 ER aircraft and returned to Chicago's ORD airport after being airborne for over ten hours
 "Delhi-bound Air India flight returns to Chicago due to technical issue")
CDIL partners with Germany's Infineon to explore Indian semiconductor mkt
Under the agreement, Infineon will supply bare die wafers to CDIL, which the latter will package into discrete and module semiconductor products for Indian customers
 "CDIL partners with Germany's Infineon to explore Indian semiconductor mkt")
IndiGo to start direct long-haul flights to Manchester, Amsterdam from July
Making the announcement on Thursday, the airline said the development signals a significant step in its journey to become a global player by 2030 and also make India a global aviation hub
 "IndiGo to start direct long-haul flights to Manchester, Amsterdam from July")
Biocon Biologics, Civica partner to expand Insulin Aspart access in the US
Biocon Biologics' own Insulin Aspart drug product for the US is currently under review by the US Food and Drug Administration (FDA)
 "Biocon Biologics, Civica partner to expand Insulin Aspart access in the US")
Nespresso eyes store expansion in India, keen on B2B tie-ups with hotels
Nespresso makes coffee machines and coffee pods that are sold directly to consumers and businesses
 "Nespresso eyes store expansion in India, keen on B2B tie-ups with hotels")
Kalpataru Projects gets Rs 2,300 cr new orders in India, international mkts
The international orders have been bagged by its transmission & distribution (T&D) business, while the buildings business has got orders in India
 "Kalpataru Projects gets Rs 2,300 cr new orders in India, international mkts")
Explained: Why Infosys, Cognizant are battling it out in a US court
Infosys and Cognizant are locked in a legal battle over trade secrets, anti-competitive practices, and executive poaching in healthcare IT. Here's a deep dive
 "Explained: Why Infosys, Cognizant are battling it out in a US court")
Private capex unlikely to pick up despite high profitability: Crisil
Rather than investing to create new capacities, India Inc has deployed money to retire debt and other measures rather than investing it even though the capacity utilisation levels are high
 "Private capex unlikely to pick up despite high profitability: Crisil")