Page 606 - Company News

28 days on, no end in sight to strike at Samsung's Sriperumbudur plant

Sources aware of the talks among the state government, employees, and the company blame Citu, which is leading the protests, for the impasse

Malls need to be 'more humane' towards delivery partners: Zomato CEO

Goyal further said that he took the stairs to the third floor to realise that delivery partners cannot enter the mall and have to wait at the stairs to receive orders

Samsung officials hold talks with TN govt amid ongoing labour strike

The meeting was held following Chief Minister M K Stalin's directive to three of his ministers to resolve the issue at the earliest

Paytm focusing on consumer payments business: CEO Vijay Shekhar Sharma

The RBI had restricted Paytm Payments Bank from accepting deposits or facilitating credit transactions in customer accounts, including prepaid instruments and wallets

Canara Bank invites EoIs for counter bids on exposure to 3 NSL companies

The three NSL group companies include NSL Sugar Ltd, NSL Krishnaveni Sugar Ltd, and NSL Textiles Ltd. NSL Group is led by Mandava Holdings Pvt Ltd, the holding company

L&T eyes role in building NASA's successor to International Space Station

L&T was earlier in talks with Jeff Bezo's Blue Origin for supplying orbital launch capabilities and space habitat solutions but the negotiations ran into some difficulties

Ola founder Bhavish Agarwal, Kunal Kamra spar over service quality issues

"Do Indian consumers have a voice? Do they deserve this? Two wheelers are many daily wage workers lifeline ...," Kamra wrote along with the photo

Godrej, Macrotech sell properties worth over Rs 22,000 crore in Apr-Sep

Godrej Properties sells its real estate projects under the Godrej brand, while Macrotech Developers markets its properties under the 'Lodha' brand

LIC boosts stake in Pune-based Bank of Maharashtra from 4.05% to 7.10%

LIC acquired 3.376 per cent equity of the bank during the QIP process at an average cost of Rs 57.36

Eco Hotels looks to become profitable by end of FY26; acquires 3 properties

Moreover, the company is in the process of finalising deals for hotel properties at Shirdi (60 rooms), Jodhpur (72 rooms), and Nagpur (37 rooms)

SBI plans to recruit around 10,000 new employees during FY25 for efficiency

The total staff strength of the bank stood at 232,296 as of March 2024, of this, 110,116 officers were on the rolls of the bank at the end of last fiscal

Adani Group starts India's biggest hydrogen blending in natural gas project

The firm has started producing green hydrogen by using renewable energy sources like wind or solar power, to split water into hydrogen and oxygen through a process called electrolysis

Amul ready to enter European market after recent success in US: MD Mehta

Mehta said If India could offer a gift to the world, it would be the cooperative working systema gift Dr Kurien gave us. His belief in cooperation has sparked a new revolution in India

Birla's Hindalco, Jindal's JSW Steel in race for copper mines in Jharkhand

Hindalco Industries and JSW Steel will be vying for state-owned Hindustan Copper Ltd's two copper mines in Jharkhand

Airport systems effective, will take time to achieve full normalcy: IndiGo

Earlier today, IndiGo said that it is facing a temporary system slowdown across its network, which is affecting its website and bookings

MEIL commissions 5 solar plants in Maharashtra having capacity of 19 MW

These power generated from green plants will provide uninterrupted electricity to farmers for the cultivation of their lands that will reduce the burden of cost of electricity bills

REC disburses loans worth Rs 90,955 cr from Apr-Sep, up 20% from yr ago

In the September quarter of FY25, REC said it disbursed Rs 47,303 crore loans, 13.71 per cent higher than the Rs 41,598 crore disbursed a year earlier

IndiGo faces major system outage; passengers stranded for hours: WATCH

IndiGo reassured its customers that airport staff are working to minimise the wait times at check-in counters. However, passengers reported facing issues, including difficulties with web check-in

Mamaearth parent Honasa clarifies it has no assets in UAE, no attachment

In the June 6 order, the Dubai court had allowed to attach Honasa Consumer Ltd's assets in the UAE, however, it rejected to cancel the trading license of Honasa Consumer General Trading LLC

Safex-backed AgCare Technologies starts online marketplace for agri inputs

The platform is set to make the procurement process more streamlined, transparent, and accessible to customers across rural India