Page 610 - Company News

Adani's proposal to run Kenya's main airport sparks protests, lawsuits

A court has already frozen Adani's unsolicited bid to expand Jomo Kenyatta International Airport

Mumbai Police summons BookMyShow CEO in Coldplay ticket black market case

The summons comes after Advocate Amit Vyas filed a complaint, accusing the ticketing platform of facilitating the black marketing of tickets

SBI Funds Management purchases Rs 103 crore office space in Mumbai

The deal comes at a time when India's office market is witnessing significant demand

Authum, Mahi Madhusudan Kela buy out Peak XV's stake in Prataap Snacks

Acquire 46.85% for Rs 846 cr; deal triggers open offer

Air India to check veracity of flight crew's fatigue reports from Oct 1

The policy is part of a series of new measures being implemented ahead of A-I's merger with Vistara

IDFC FIRST Bank announces completion of IDFC Ltd merger effective Oct 1

The shares are expected to be credited to shareholders of IDFC Limited on or before October 31, 2024, subject to regulatory processes and clearances, it said

Carlyle-backed SeQuent, Viyash Life Sciences announce Rs 8,000 crore merger

Rs 8,000 crore merger will create one of the largest animal health companies in India

GMR can now run Nagpur Airport; curative petitions of Centre, AAI dismissed

He added that he personally thinks the curative petitions were not maintainable as they did not meet the threefold requirements of bias, lack of hearing, or any other analogous grounds

NCLAT grants two weeks time for Supertech Township's settlement proposal

NCLAT also suggested the realty firm facing insolvency proceedings to publish the settlement proposal on its website

Sterling Wilson Renewable Energy promoters sell 7.14% stake for Rs 1,040 cr

The shares were disposed of in the price range varying from Rs 623.28-630.01 apiece, taking the combined transaction value to Rs 1,039.88 crore

Zomato co-founder Akriti Chopra resigns to pursue other interests

Designated as senior management personnel, Chopra has tendered her resignation, with effect from September 27, 2024, Zomato said in a regulatory filing

TIGA Investments receives CCI's clearance to acquire stake in Dream11

The US-based Dream Sports conducts its operations through its subsidiary in India, Sporta Technologies Pvt Ltd. DSI, a sports tech company, owns a portfolio of leading brands like Dream11 and FanCode

Assurance Intl plans to hire 2,000 people in India over next two years

The recruitment drive will focus on attracting top talent across key regions in India, offering diverse opportunities in engineering, sales, customer support, and operations, company said in statement

Samsung willing to settle wages with workers, rejects talks with 3rd party

Gopalan urged workers to call off "illegal" strike, return to work, and come forward for talks

HCL Technologies chairperson Roshni Nadar meets Telangana CM Reddy

The new facility is set to create an additional 5,000 engineering jobs, further contributing to the growth of the local economy and enhancing employment opportunities in the state, an official release

WBPDCL achieves self-sufficiency in in coal supply for power generation

WBPDCL aims to produce around 20 million tonnes of coal in the current fiscal, up from 18.41 million tonnes in FY24

Pinnacle sets up APAC headquarters in Chennai; aims to triple employee base

The new facility on the Rajiv Gandhi Salai (popularly known as the IT Corridor) would be able to deepen the company's relationships with its existing customer base

TMB bets big on MSME sector, ropes in McKinsey for strategic development

The bank in its AGM highlighted its continued focus on growth and transformation, laying out a comprehensive plan for expansion and digitalisation to drive future growth.

After Torrent, Alkem refutes claims of its drugs failing CDSCO test

Company claims samples of Pan-D, Clavam 625 tested were spurious, not manufactured by it

SP Group plans new $253.5 mn bond sale, seeks more time to repay some dues

The company is in talks with Deutshe Bank for this new 21.2 billion rupees debt raise and the final amount could be higher, at around 24 billion rupees