Page 517 - Company News

Govt nod to Adani Krishnapatnam Port for petro import in 'public interest'

The notification to allow continued petroleum imports at Krishnapatnam Port had a positive impact on the shares of Adani Ports, which gained over 1 per cent intraday on the Bombay Stock Exchange

Hyundai Motor to set up 600 charging stations for EVs over next 7 years

India's second-largest carmaker is set to launch its first mass-market electric car, the Creta EV, in the coming months

Group to invest over Rs 7.5 trillion in Rajasthan, says Karan Adani

As part of its investments, it plans to set up four new cement plants to build additional capacity of 6 million tonnes per annum

AI-powered solution helped block 8 bn spam calls, 0.8 bn SMSes: Airtel

Delhi has seen the highest number of spam calls, followed by Andhra Pradesh and Western Uttar Pradesh. Most spam calls originated in Delhi, with Mumbai and Karnataka next

LG to set up new plant at Andhra, fears competition from parent entity

Besides, it is increasing the sourcing of raw materials from the local market, which is helping it meet consumer demands

Adani Group most attractive among Indian investment grade cos: Nomura

The Japanese firm also sees 'minimal risk' of termination of 8 gigawatt (GW) Solar Energy Corporation of India (SECI) solar manufacturing-linked projects

Eli Lilly to launch its obesity drug at competitive price in India in 2025

Lilly's rival Danish firm Novo Nordisk is also working to bring its obesity drug Wegovy (Semaglutide) to India soon, and according to reports the company may launch Wegovy in 2026

Flipkart plans IPO within 12-15 months, prepares to shift base to India

Flipkart, valued at $36 billion, is planning to launch its initial public offering by 2025-26, and will be shifting its domicile from Singapore to India

e2W companies charge up service network amid increasing complaints

Ather plans to convert all its 215 service centres into Gold service centres. Additionally, Ather's ExpressCare ensures vehicles are serviced and ready within 60 minutes

Tirunelveli powers India's solar ambitions with a new facility by Tata

With a capacity of 4.3 gigawatt (Gw) each for cells and modules, the plant is designed with many open spaces available for future expansion

Khorlochhu Hydropower Project in Bhutan to commission in 2029: Tata Power

The 600 MW project is being developed on the Kholongchhu River in the eastern part of the neighbouring nation

Smoke emanates from electric scooter, Bajaj Auto says incident being probed

Smoke came out of the vehicle, apparently a Bajaj Chetak electric scooter, at a busy traffic signal on the Jalna Road on Thursday

Lockton aims to double business outside US in 4 Years, says CEO Chris Brown

The insurance broker recently entered the Indian insurance market and acquired Arihant Insurance Brokers as a strategic initiative to gain entry into the broking market in the country

SBI looks to sell Rs 2,732 cr of bad loans in ARSS Infrastructure Projects

Bank has invited expressions of interest from entities interested in submitting counter bids for the asset on full cash basis

Air India Express-AIX Connect merger will drive long-term profitability: MD

Compared to a profit of Rs 117 crore in FY'23, Air India Express reported a net loss of Rs 163 crore in FY'24

ITC ramps up cultivation of medicinal, aromatic plants for market expansion

The agri-division of ITC is working with farmers and helping them to diversify their crops by encouraging them to cultivate high-demand crops like Ashwagandha, Tulsi, and Kalonji

Adani's solar contract has lower tariff, can find new buyer: Analysts

If Adani promoters are found guilty, we believe the size of potential penalty is manageable given it is up to three times the value of the bribe, Nomura said

SpiceJet set to hold annual general meeting for FY24 on December 30

At the meeting, the airline will seek shareholders' approval for increasing the authorised share capital to infuse fresh share capital

Gaurs Group sells nearly 200 luxury homes for Rs 1,300 cr at Greater Noida

Gaurs Group has launched a luxury residential project 'Legacy by Gaurs', comprising around 250 units, at Jaypee Greens, Greater Noida

NCLAT declines to lift stay on NCLT order barring Aakash from amending AoA

The Apex Court had directed Akash to approach the NCLAT within seven days and said that the stay on implementing the EGM resolution over alteration in the AoA will remain in effect