Page 470 - Company News

PAG acquires majority stake in pharma company Pravesha Industries

PAG has been investing in India since 2009 and currently manages over $3 billion in assets in the country

See acceleration of EV penetration in India in 2025-26: HMIL COO Tarun Garg

Citing an internal study by the Hyundai Motor India Ltd (HMIL) and also based 'on some of the external consultants', he said by 2030 EV penetration could be 17 per cent

Q3 FY25 results Jan 13: HCL Tech, Delta among 14 to report earnings today

Q3 FY25 results January 13: HCL Tech, Delta Corp, Angel One, Anand Rathi among firms to report earnings for the quarter that ended on D

Air India aims to double international transit traffic in three years

The current share of I2I traffic in the airline's total international traffic stands at about 10%

Adani surpasses Mukesh Ambani's RIL group firms in 2024 M&A deals

Listed entities of top five groups collectively account for 15.3% of total value

TCS expects margin benefits as BSNL deal tapers, says CFO Samir Seksaria

Seksaria added that there would be a tapering down in the BSNL contract till the September quarter of FY26

Windsor has created much-needed disruption in EV market: Parth Jindal

A+ SUVs are compact, under 4 metres, affordable, and suited for city driving. B+ SUVs are slightly larger, more spacious, and feature-rich for families

Gautam Singhania-backed SCCG seeks licence to restore foreign cars

SCCG claimed that labour costs in India are considerably lower than in countries like the UK, where restoration can cost upwards of £100-£200 per hour

Street signs: Laxmi Dental GMP at 37%, market mood rides the seesaw

An official previously mentioned that the regulator has been engaging with multiple corporations to explore muni bonds

Signature Global buys 16-acre land in Gurugram for Rs 300 crore for project

Signature will continue to look for land parcels in Delhi-NCR region. It intends to enter the Noida and Greater Noida housing markets, expanding its footprint from the Gurugram

Macrotech Developers buys 20-acre Bengaluru land, targets Rs 2,800 cr sales

The company forayed into the Bengaluru housing market a few years back, expanding its footprint from Mumbai Metropolitan Region (MMR) and Pune market where it has a substantial market share

Adani announces Rs 65K cr investment in energy projects in Chhattisgarh

Adani met Chief Minister Vishnu Deo Sai at the latter's official residence in Chhattisgarh capital Raipur

NCLAT gives go-ahead for Indiabulls Real Estate-Embassy Group merger

The merger was on hold for the last 18 months, as the Chandigarh bench of the NCLT had withheld its permission in May 2023

TCS expects retail, manufacturing revival after banking recovery, says CFO

Retail and manufacturing are the second- and fourth- largest revenue contributors to the $29 billion behemoth

Several flights delayed owing to inclement weather: Singapore Airlines

More than 50 Singapore Airlines flights over the two days (January 10-11) were delayed or re-timed due to the inclement weather, said a spokesman for the national carrier

Avenue Supermarts appoints Anshul Asawa as CEO designate from March 15

Asawa will succeed Ignatius Navil Noronha, who will complete his current term of five years as the managing director of the company on January 31, 2026

NCLAT rejects plea to stay insolvency proceedings against Indrajit Power

The said order passed by the Mumbai bench of NCLT was challenged by Rajiv Munjal, a director from the suspended board of Indrajit Power

Govt partially restores gas supply to retailers including IGL, Adani Total

The government, in October and November last year, had cut supplies of the so-called APM Gas to city gas retailers by as much as 40 per cent in view of limited output

Two Indian firms sanctioned by US for 'aiding' Russia's Arctic LNG project

The US has announced sanctions on two Indian firms for allegedly aiding Russia's Arctic LNG 2 project, in violation of its energy curbs aimed at crippling Moscow's revenue streams amid the Ukraine war

Coal India looks to Argentina for lithium brine assets, critical minerals

Maharatna company has initiated steps to explore opportunities in key resource-rich nations such as Argentina, Australia and Chile