Page 531 - Company News

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

ZEEL shareholders reject proposal to reappoint Punit Goenka as director

Filing by Zee Entertainment Enterprises Ltd (ZEEL) stated that the resolution for the reappointment of Goenka was defeated in the annual general meeting (AGM) of the company

CCI orders probe against Google on complaint by gaming company Winzo

In its order, the CCI found Google to be prima facie in violation of antitrust provisions of the Competition Act due to the abuse of dominant position

Supply disruptions to hit production and deliveries in 2024: Audi India

German automaker struggles to meet customer expectations despite strong demand

No discussion yet on investments by Tesla, Starlink in India, says Goyal

Goyal, who was addressing a press conference here in the Capital, stated that as both issues were handled by different ministries, he had no personal knowledge of what was happening

Artificial intelligence democratising discovery ecosystem: Meta's Srinivas

Srinivas also added that this visibility and reach has meant several brands being first launched on Meta platforms - Instagram, Facebook, and Thread

India will have more than two major airlines: Air India CEO Campbell Wilson

Tata group's airlines to add 100 planes to fleet by 2027, says Campbell Wilson