Page 628 - Company News

Temasek nears deal to acquire a significant minority stake in VFS Global

Blackstone will remain the majority shareholder in VFS after the transaction, the people said. Considerations are ongoing and no final decisions have been made, they added

India very important market, looking at more frequencies: Malaysia Airlines

The airline, which currently flies to nine Indian cities, is eyeing new destinations as well as looking to increase frequencies to Trivandrum and Ahmedabad

JSW Energy arm commissions 300 MW wind power plant at Tuticorin in TN

The newly commissioned wind power project will contribute significantly to the renewable energy portfolio, supporting the vision of a greener and sustainable future, the company said

Black Box expects rise in India biz share, hire 400 people in 2 yrs

Black Box has a network of 75 delivery centres of which 21 are located in the US and 14 in India. Globally, the company has a workforce of over 4,000 people spread across 35 countries

ICRA ESG Ratings gives its first rating to InCred Financial Services

ICRA ESG-assigned ratings help investors assess the non-financial risks and opportunities associated with entities and facilitate making better investment decisions

Gaurs Group to invest Rs 1,600 crore to build luxury flats in Ghaziabad

The company has already launched and sold all 1,216 apartments in this project 'Gaur NYC Residences', which is spread over 12-acre land in Ghaziabad

Cong attacks Mahayuti govt over Adani's win to supply power to Maharashtra

With the Adani Group winning a bid to supply 6,600 Opposition party's attack came after Adani won a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra for long term after it

Delhi Court discharges Ambience Group promoter Raj Singh Gehlot in ED case

Raj Singh Gehlot, promoter of the Ambience Group, was arrested on July 28, 2021, in connection with the money laundering case related to alleged bank loan fraud

India key priority market; reels, biz messaging supercharging growth: Meta

Having recognised the power of Reels in influencing buying decisions, brands are including it early in their campaign blueprint and customer outreach plans, Meta India Vice President said

Tata Power installs rooftop solar systems at 600 locations in Chhattisgarh

The initiative intends to make clean energy available to all households in the state, building on the commitment to promoting sustainable energy solutions throughout India

Adani wins bid to supply 6,600 MW of electricity at Rs 4.08/unit tariff

Supplies are to start in 48 months from the date of award of the letter of intent

ONGC gets director to spearhead new energy, petrochem business & strategy

Arunangshu Sarkar has been appointed as Director for strategy and corporate affairs, ONGC said in a stock exchange filing

Nayara Energy sees 14.3% rise in domestic fuel sales, exports drop

Retail diesel sales rose 14 per cent to 2.08 million tonnes in April-June from 1.82 million tonnes a year back, while institutional business' year-on-year growth was 23 per cent, Nayara said

USFDA cites manufacturing lapses at Zydus Lifesciences' Gujarat plant

A warning letter is issued when the US health regulator finds that a manufacturer has significantly violated its regulations

Water purifier maker Livpure eying over 1 mn subscriptions within 4 years

All that a consumer has to pay is for the subscription of the service which can be for a single month scheme, a three-month plan, a six-month plan or a 12-month plan

Epsilon Advanced Materials plans Rs 9,000 cr anode facility in K'taka: MD

"The idea is to have supply in the market by 2026-end or 2027 beginning," he explained

Sebi exempts SHPL from making open offer for SpiceJet shareholders

On conversion of warrants that were issued to it, Spice Healthcare, a promoter group entity, would be acquiring an additional 13,14,08,514 equity shares in the airline

OIL to invest Rs 25,000 cr in clean energy for net zero emissions by 2040

OIL's net zero plan includes a combination of cutting down the flaring of gas and commercialisation of stranded gas as well as setting up renewable electricity generation capacity

NCLT recalls order on Zee-Sony merger, allows withdrawal of scheme

The Mumbai bench of the NCLT had last week recalled its order passed on August 10, 2023, in which it had approved the merger of Zee Entertainment with Sony Pictures Networks India

OIL aims to drill 75-plus wells in FY25 using more rigs, newer tech: CMD

Unrest in Bangladesh hasn't impacted Numaligarh refinery expansion, Indo-Bangla pipeline