Page 616 - Company News

PNB fixes floor price of Rs 109.16 per share for its share sale via QIP

The board approved and adopted the preliminary placement document together with the application form in connection with the issue, PNB said in a regulatory filing

Power giant NHPC pays final dividend of Rs 338.5 cr to Centre for FY24

In addition, an interim dividend at the rate of Rs 1.40 per equity share, or 14 per cent of face value, was paid on March 5, 2024, total dividend of Rs 1.90 per equity share, has been paid for 2023-24

GlobalFoundries' Kolkata Power Center key for emerging tech like GaN

The Kolkata Power Center came to light in the press statement following the meeting between Prime Minister Narendra Modi and US President Joe Biden

InGovern raises concern over AGM delay; Religare calls report manipulative

Delay is particularly significant because REL executive chairperson Rashmi Saluja was due for re-appointment as she will retire by rotation at the originally scheduled AGM in September, report said

Samsung lines up 'no work, no pay' policy to bring back striking workers

According to sources, a significant number of striking workers returned to work on Monday after the show cause notice was issued

Auto component maker Samvardhana Motherson raises Rs 6,438 crore via QIP

Over 95 per cent of allocations were made to marquee long-only investors such as mutual funds, insurance and pension funds, foreign institutional investor, it added

Reliance Power to raise Rs 1,525 crore through preferential issue

Parent entity Reliance Infrastructure to increase equity in R-Power by Rs 600 crore

Supreme Court refuses relief on valuation probe against Linde India

Sebi had directed NSE to carry out the valuation of the business by the company

Bankruptcy court seeks SpiceJet's reply over unpaid operational dues

The court was told that the said debt has been acknowledged by the airline and yet there has been no compliance

Oister Global, Tribe Capital partner to launch $500 million fund

With a pipeline of identified investments, the firms aim to leverage their complementary strengths: Oister's deep local market expertise and Tribe Capital India's quant-driven diligence

Air India derosters 3 cabin members for lapses in opening aircraft door

Air India spokesperson said that on September 15, crew operating flight 176 from San Francisco to Bangalore reported a technical issue with one of the doors not opening appropriately upon landing

Samsung's Sriperumbudur strike may impact India's manufacturing: GTRI

Besides, foreign investors are closely watching the situation at Samsung, and concerns over prolonged labour unrest may lead them to reconsider their plans in India

Prestige Group eyes Rs 1,100 cr revenue from new housing project in B'luru

Prestige Group will develop 316 units in 4 towers, the company said in a statement on Monday

Josler Energy, IGL, Heath Consultants join hands for safe, green gas infra

Josler Energy will provide technical support, field expertise, and training to IGL's employees, empowering them to utilize the latest technologies and best practices in gas leak detection

Tata Power-DDL receives patent for transformer life-enhancing device

The patented technology is also expected to reduce the maintenance man-days for replacement of Silica gel in a transformer's breather to protect it from moisture damage, the statement said

Aiims Darbhanga to be built by NBCC arm; Centre awards Rs 1,261 cr contract

Aiims Darbhanga, approved by the Union Cabinet in 2020, will be built over 182 acres of land at a cost of Rs 1,261 crore, which will be fully funded by the Centre

Fintech firm BharatPe to offer food ordering with latest ONDC integration

Similar to other food aggregator applications such as Zomato and Swiggy, customers using the feature would be able to track their orders on a real-time basis

Reliance Power board meeting on Sept 23; firm to consider fund raise

Anil Ambani's twin strategy of debt reduction, coupled with fresh capital raising, has set the stage for a long-term transformation of the Reliance Group, investors feel

Amazon announces commission hike for content creators ahead of festive sale

The revised structure will offer content creators 1.5x-2x increased income across a wide range of product categories

Govt held several roadshows for stake sale in Hindustan Zinc: Mines secy

The government, which owns 29.5 per cent in the company, is the largest minority shareholder in Hindustan Zinc