Page 530 - Company News

SC directs Aakash Educational Services not to implement AoA amendment plan

Minority shareholders of Aakash have alleged that the company was trying to dilute their shareholding in the company by amending the Articles of Association (AoA)

Hindustan Unilever sees 10 of its brands at the sweet spot to go premium

In personal care, it said that four of its brands are in the Rs 1,000 crore category

Amazon workers in India join protest for better wages, working conditions

The protests come at a time when Amazon India has announced its inaugural Black Friday event, running from November 29 to December 2

I would have known: Adani Group CFO claims no bribery carried out by execs

Adani Green's cancelled $600 mn bond will be delayed till April-June 2025

Legal matter involving private firms and US justice dept: MEA on Adani case

Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said the Indian government was not informed about the issue in advance

DLF joint venture firm DCCDL sells IT park in Kolkata for Rs 637 crore

Kolkata Tech Park 1 is one of the largest IT parks in eastern India with gross leasable area of about 1.49 million sq ft

Real estate major Godrej Properties seeks Rs 6,000 crore through QIP

The company aims to utilise the net proceeds of the issue for the acquisition of land and land development rights, as well as general corporate purposes

Aster DM Healthcare, Quality Care partner to create hospital chain

This is Aster's first major deal since selling its Gulf business. The company will get access to Quality's 5,500 beds, taking the merged entity's total bed count to more than 10,000

Trump's tariffs could cost carmakers up to 17% of core profits, says S&P

Analysts and experts fear the tariffs could be more damaging for European car makers like Volkswagen and Stellantis and their suppliers than any direct tariffs on EU goods

GAIL India signs long-term charter deal with K-Line for new LNG ship

The company's LNG fleet is deployed to lift volumes contracted on free on board (FOB) basis primarily from the North American region and is transported to meet the domestic demand as well as

TransUnion's GCC India expands in Pune to accommodate growing capabilities

India's Global Capability Centres (GCCs) projected to become a $100 billion industry by 2030, employing over 2.5 million professionals

Co-working firm Incuspaze to raise Rs 210 cr to fund expansion, plans IPO

Stock listing in five years as corporate demand for flexible offices increases in cities

ED seizes cash, luxury cars in case against ex-promoters of Kwality Ltd.

ED case stems from a September 2020 CBI FIR filed against the said promoters and Kwality Limited, which was engaged in the processing and trading of milk, ice creams and other dairy products

No negative actions so far by investors on Adani after indictment: CRISIL

Issue at hand is sub judice and 'Adani Group has sufficient liquidity and operational cash flows to meet debt obligation and committed capex plans over the medium-term,' CRISIL said

Probe in US, protests in Australia: Global ambitions weigh on Adani Group

Indian conglomerate's rising international footprint has come with controversies

Alcohol-related incidents on Air India flights down in past two years: CEO

He also highlighted the addition of around 9,000 new employees during this period, which significantly reduced the average age of staff from 54 to 35. The average age of cabin crew is now 28

Adani solar project misses deadline, delays power supply to Andhra Pradesh

Adani Green Energy's solar project delays leave Andhra Pradesh waiting for power. The state is likely to receive only 1,000 MW by April 2025, much below the initial schedule of 3,000 MW

Japanese banks stick with Adani while Jefferies, Barclays review ties

Japanese support shows the divide among finance firms over Adani after he and others were charged with plotting a $250 million scheme to bribe India government officials to win solar energy contracts

Reliance's FMCG arm bets on higher margins, cheaper pricing to gain ground

Reliance Consumer Products disrupts FMCG market by offering its distributors 6-8 per cent margins - double the industry average - while pricing products 20-40% lower than competitors, to drive growth

Adani wipeout will hurt sentiment, not long-term outlook: Global investors

Investors expect a stronger spotlight on governance and disclosure, and perhaps some volatility, but say the affair has not challenged the reasons they are in India in the first place