Page 509 - Company News

Apollo Tyres explores sustainable materials to cut costs, reduce impact

The company is collaborating with research institutions to develop innovative, bio-based materials for tyre production

IIHL's takeover of Reliance Capital set to complete by January end

RCap subsidiaries to get listed by mid-2026, 2027

DeVANS to boost Samba beer capacity to 600K HL with Rs 60 crore investment

Jammu-based company DeVANS Modern Breweries also plans to enter the duty-free space with one-litre bottles of its Single Malt brand GianChand exclusively for travel retail

Fundraising via QIPs hits all-time high in 2024, exceeds Rs 1 trillion

Other significant QIP transactions during CY24 include Samvardhana Motherson International at Rs 6,438 crore and Godrej Properties at Rs 6,000 crore and KEI Industries at Rs 2,000 crore

NCL spends over Rs 1,000 crore in last 10 years under CSR initiatives

Under the guidance of the coal ministry, NCL rolled out 'CHARAK- Community Health: A Responsive Action for Koylanchal', a health-centric CSR initiative on Sunday, as per the statement

Coal India's CSR spend exceeds Rs 5,570 crore over the past decade

Coal Secretary Vikram Dev Dutt commended coal companies for their impactful CSR projects over the past decade, which, he said, have positively impacted coal-bearing regions

NBCC targets Rs 1 trillion work order book by March, plans India expansion

According to a transcript of discussion with investors, he said the total order book at a consolidated level is Rs 84,400 crore, of which NBCC's share is about Rs 70,400 crore

NCLAT sets aside EIH plea against NCLT order for Golden Jubilee Hotels sale

EIH, which was managing Golden Jubilee Hotels and has 16 per cent shareholding, contended that it could not be treated as a promoter and become 'ineligible' to be part of the resolution plan

Sarovar Hotels bets big on highway properties; 80 projects in pipeline

Enhanced connectivity is opening up opportunities for leisure and business travel, creating demand for accessible and convenient accommodation options, official said

Suchi Semicon starts plant without govt's incentive, plans to spend $100 mn

Suchi Group Chairman and Suchi Semicon founder Ashok Mehta said though the company has applied for the Centre's incentive under SPECS and India Semiconductor Mission

Tata Steel engages with NMDC, OMC to secure iron ore needs for future

Tata Steel meets its entire demand for iron ore, a key raw material used for manufacturing steel, from six iron ore mines operated by the company in Odisha and Jharkhand

UPL-SAS sees tech, climate solutions for growth after $200 mn investment

With agriculture spanning 400 mn acres and involving 130 mn farmers, 80-85 per cent of whom are smallholders, UPL-SAS is reimagining its role from a crop protection product seller to solution provider

India plans intact; to add more headcount despite global turbulence: Nissan

Earlier in July this year, Nissan India announced that it is looking to introduce five models over the next 30 months as it looks to turn around its operations in the fast-growing Indian car market

Akasa Air pilots flag training and safety practices, airline denies charges

The section of Akasa Air pilots wrote to Civil Aviation Minister K Rammohan Naidu and highlighted alleged unfair practices, harassment and safety concerns.

Kiran Mazumdar gets 'Jamsetji Tata Award' for biosciences movement in India

The Jamsetji Tata Award, instituted in 2004 by ISQ recognises business leaders who have made significant contributions to Indian society

Senco Gold raises Rs 459 crore via QIP, allots 4.08 mn equity shares

The QIP committee of the company's board approved the issuance and allotment of equity shares of Rs 10 were issued at a price of Rs 1,125 per share, including a premium of Rs 1,115

IndiGo flight to Jeddah makes emergency landing in Pak, returns to Delhi

Sources in the Civil Aviation Authority (CAA) in Pakistan said the aircraft was in the Pakistani airspace when a male passenger fell seriously ill, following which the plane made an emergency landing

Worldwide Realty to invest Rs 320 cr on 22 acre housing project in Haryana

The Gurugram-based company is developing the Golden Residences project under the Deen Dayal Upadhyay Jan Awas Yojna (DDJAY) scheme of the Haryana government

IndiGo to send two planes to bring back stranded passengers from Istanbul

On Thursday, hundreds of IndiGo passengers were stuck at Istanbul airport after their flights to Delhi and Mumbai were delayed

Nibe Ordnance to tie up with Premier Explosives for ammunition production

The Proposed Joint Venture will be in the form of a Public Limited Company in which Company (NOML) will hold 51 per cent and PEL will hold 49 per cent