Page 690 - Company News

Tourism sector could resolve 50% of India's job challenges: Lemon Tree CMD

Expressing disappointment over govt's approach towards tourism sector, he said, 'In India, tourism contributes only 6.5 per cent to GDP and similar share in employment, but it has enormous potential'

If T'gana govt doesn't honour commitments, we may go elsewhere: Amara Raja

Earlier, Amara Raja Group held a ceremony for their Customer Qualification Plant for cell manufacturing and also inaugurated Phase 1 of the battery pack plant of 1.5 GWh in Mahabubnagar district

NCLT orders insolvency trial against Coffee Day Enterprises on IDBI claims

CDEL, which also owns and operates a resort, renders consultancy services and is engaged in the sale and purchase of coffee beans, had defaulted in the payment of coupon payments of redeemable NCDs

Signature Global cuts net debt by 16% in June quarter on strong sales

Signature Global reported a consolidated net profit of Rs 6.76 crore for the quarter ended June

'Something big soon India': Hindenburg Research eyes new target after Adani

Hindenburg has targeted several well-known companies, including Adani Group, Nikola, Clover Health, Block Inc, Kandi, and Lordstown Motors

Air India, Vistara get DGCA nod to integrate aircraft line maintenance ops

This strategic integration will merge Vistara's Line Maintenance activities under Air India's facilities and scope

Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory

B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India's biggest beer factory

Zoomcar launches first fulfilment centre in Chennai, plans 100 more in 2024

Operated by a third-party operator, such facilities manage end-to-end operations of car listings on behalf of the hosts who want to earn by sharing their cars but find it challenging to do it

Blackstone sells over 310 mn units in Nexus Select Trust for Rs 4,355 cr

According to exchange data, Blackstone sold 31.55 crore units in Nexus Select Trust at Rs 138 apiece, taking the total transaction value to Rs 4,354.90 crore

Look to resolve issues with deposit growth: HDFC Bank's Atanu Chakraborty

Says focused on creating personalised experience for customers

Hybrids preferred choice, offer best of both worlds: Lamborghini executive

The divide within the auto industry recently came to the fore after a July 5 order by the Uttar Pradesh government to waive a registration tax of 8-10 per cent for strong hybrid vehicles

AI, Vistara get DGCA nod to integrate aircraft line maintenance operations

Two airlines, part of the Tata Group, have secured CAR (Civil Aviation Requirement) 145 approval from Directorate General of Civil Aviation to integrate their aircraft line maintenance operations

Insolvency-quashing order: US lenders to Byju's file appeal in SC

Before the tribunal, Glas said founder Byju Raveendran and his brother used the money owed to lenders to clear the cricket board's dues

Lemon Tree plans to list its subsidiary Fleur Hotels to reduce debt

The management of the hotel chain told investors on its conference call that 90% of its debt lies in Fleur Hotels

Grasim revenue up 9% at Rs 33,861 cr; net profit falls 23.4% to Rs 1,208 cr

Grasim Industries to invest Rs 4,553 crore in FY25

BSNL to roll out 4G, 5G-ready over-the-air, universal SIM platform

Over-the-air (OTA) and Universal SIM (USIM) platform provides BSNL mobile subscribers with flexibility to choose mobile numbers on fly and enables SIM replacement without geographical restrictions

US FDA approves first nasal spray from ARS Pharmaceuticals' for allergies

Neffy's approval is based on 4 studies in 175 healthy adults without anaphylaxis that measured epinephrine concentrations in blood following administration of neffy

Prospects healthy for Bharat Forge, but stock fully valued too

Bharat Forge's Q1FY25 revenue growth was driven by defence as other segments saw weak demand. Overseas subsidiaries are showing gradual improvement

LIC's VNB margin falls short of medium-term target, say analysts

LIC's VNB margins improved by 20 basis points (bps) to 13.90 per cent in Q1 FY25 over the same period last year due to a change in the business mix of the insurer

UltraTech Cement's open offer for ICL to open on Sept 19, close on Oct 3

UltraTech in the draft said the limited availability of limestone in Tamil Nadu has resulted in restrictions on setting up new integrated units in the state