Page 567 - Company News
Signature Global awards Rs 1,203 cr Gurugram project to Capacit'e Infra
In a statement on Sunday, Signature Global said it has awarded the construction contract for its premium residential project 'Titanium SPR' at Sector 71, Gurugram
 "Signature Global awards Rs 1,203 cr Gurugram project to Capacit'e Infra")
Swiggy cuts IPO valuation again, to $11.3 bn, BlackRock and CPPIB to invest
Swiggy does not want a bad IPO, a source said. Its last funding round, led by Invesco, valued it at $10.7 billion in 2022
 "Swiggy cuts IPO valuation again, to $11.3 bn, BlackRock and CPPIB to invest")
Hyatt Hotels plans to reach 100 properties in India within 5-6 years
At present, Hyatt Hotels has 52 hotels in Southwest Asia (50 in India and two in Nepal) across nine distinct brands and already crossed the 10,000 keys milestone
Sebi issues notice to Axis Bank about stake buy in Max Life Insurance
Capital market regulator Securities and Exchange Board of India has issued a show cause notice (SCN) to Axis Bank and its subsidiaries in a case related to stake buy in Max Life Insurance.
 "Sebi issues notice to Axis Bank about stake buy in Max Life Insurance")
Ahead of Vistara merger, Air India finalises revised policy for cabin crew
The revised policy has been prepared after taking into consideration the feedback of cabin crew members
 "Ahead of Vistara merger, Air India finalises revised policy for cabin crew")
Sebi to auction 7 properties worth Rs 15.47 cr of Bishal Group on Dec 10
According to the regulator, the four firms had mobilised funds by issuing Redeemable Preference Shares to more than 49 people without complying with the public issue norms
 "Sebi to auction 7 properties worth Rs 15.47 cr of Bishal Group on Dec 10")
DLF expects Rs 26,000 cr from super luxury project in Gurugram, says MD
DLF has done a pre-launch of its 17-acre super-luxury housing project The Dahlias at DLF 5, Gurugram, and has received a good response from the customers
 "DLF expects Rs 26,000 cr from super luxury project in Gurugram, says MD")
PM Modi, Spanish counterpart to inaugurate Tata's C-295 aircraft facility
The Prime Minister's Office (PMO), in a statement on Saturday, said this will be the first private sector final assembly line for military aircraft in India
 "PM Modi, Spanish counterpart to inaugurate Tata's C-295 aircraft facility")
Solex Energy partners with SBI to provide finance for solar projects
As part of the partnership, SBI will offer solar financing through loans up to Rs 10 crore for solar projects under its Surya Shakti Solar Finance Scheme across India
 "Solex Energy partners with SBI to provide finance for solar projects")
DLF's sales bookings rise 66% to Rs 7,094 cr in Apr-Sept despite weak Q2
DLF's sales bookings jumped over three-fold to around Rs 6,400 crore during the first quarter of this fiscal year
 "DLF's sales bookings rise 66% to Rs 7,094 cr in Apr-Sept despite weak Q2")
Adani group's Dubai-based firm to buy ITD Cementation for Rs 3,204 cr
With this transaction at Rs 400 a share, the present promoter Italian-Thai Development Public Company will cease to be a promoter of the company and Adani group's Dubai-based firm
 "Adani group's Dubai-based firm to buy ITD Cementation for Rs 3,204 cr")
Riding high: Bajaj Auto's CNG motorcycle races ahead with record sales
Registrations highest since Freedom 125 was launched in July this year
 "Riding high: Bajaj Auto's CNG motorcycle races ahead with record sales")
Bids for KSK Mahanadi Power skyrocket post Adani Group's Rs 12,500 cr offer
Six of the original ten bidders, including NTPC, have now submitted revised offers close to Adani's bid, demonstrating strong competition and driving up the asset's value
 "Bids for KSK Mahanadi Power skyrocket post Adani Group's Rs 12,500 cr offer")
Moody's raises Vedanta Resources rating driven by efforts to access funding
VRL, the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, has raised USD 300 million by exercising the tap option on the existing bond issue
 "Moody's raises Vedanta Resources rating driven by efforts to access funding")
Reliance likely to move Dubai crude team to India in global trade rejig
In 2021, Reliance, controlled by billionaire Mukesh Ambani, announced the opening of an office in UAE to trade oil and refined fuels including petrochemicals
 "Reliance likely to move Dubai crude team to India in global trade rejig")
Star Health leak: Can only monitor accounts flagged to us, says Telegram
Telegram said it was unable to search for leaks on its own but agreed to delete the data if the insurer helped
 "Star Health leak: Can only monitor accounts flagged to us, says Telegram")
Acer logged best ever biz performance this year, says CBO Sudhir Goel
The company has also recorded 35 per cent year-on-year growth in the first two weeks of the festival season
 "Acer logged best ever biz performance this year, says CBO Sudhir Goel")
Indian startup Healthify closes $45 mn funding round to drive US expansion
Company uses AI to recommend personalised fitness and nutrition plans
 "Indian startup Healthify closes $45 mn funding round to drive US expansion")
Strong India biz growth to drive gains for Godrej Consumer Products
India revenue grew 6 per cent Y-o-Y with 7 per cent volume growth. Home Care had 12 per cent growth
 "Strong India biz growth to drive gains for Godrej Consumer Products")
360 One Wam launches 22.2 million new shares worth Rs 2,250 crore via QIP
The QIP will lead to dilution of 6.1 per cent of pre-issue outstanding equity capital
 "360 One Wam launches 22.2 million new shares worth Rs 2,250 crore via QIP")