Page 696 - Company News
India needs more than 2 major airlines, says IndiGo's Rahul Bhatia
Airline's promoter & MD says it won't be found guilty of 'gouging' its customers
 "India needs more than 2 major airlines, says IndiGo's Rahul Bhatia")
Indira Container Terminal case: Canara Bank takes Swiss auction route
Invites counter-bids to recover dues
 "Indira Container Terminal case: Canara Bank takes Swiss auction route")
Intel to take another of ASML's High NA EUV tools, says CEO Pat Gelsinger
The second High NA tool is coming into our Oregon facility, Gelsinger said on the call, adding that the company's technology investments are 'showing good early indicators'
 "Intel to take another of ASML's High NA EUV tools, says CEO Pat Gelsinger")
Zoho forays into eastern Uttar Pradesh; to set up R&D facility by year end
According to media reports, Zoho has also submitted a proposal to the Indian government seeking incentives for a semiconductor fab plant
 "Zoho forays into eastern Uttar Pradesh; to set up R&D facility by year end")
IndiGo, Air India cancel their flights to Dhaka amid Bangladesh unrest
IndiGo, India's largest carrier, operates 35 weekly flights between the two countries, according to aviation analytics firm Cirium
 "IndiGo, Air India cancel their flights to Dhaka amid Bangladesh unrest")
Reliance Industries jumps two places on Fortune's Global 500 list
The firm was placed at No.88 in last year's ranking and has gained a whopping 69 places in the last three years - from being placed at No.155 in 2021 to being at No.86 in 2024
 "Reliance Industries jumps two places on Fortune's Global 500 list")
Syngeta India introduces 2 crop protection products for crops like rice
Syngenta said it has launched 'Miravis Duo and Reflect Top, a cutting-edge fungicide approved for use in tomatoes, chilli, groundnuts, and grapes
 "Syngeta India introduces 2 crop protection products for crops like rice")
Byju Raveendran files caveat in SC after getting control of his firm
A caveat petition is a notice that certain actions may not be taken without informing the person who gave the notice
 "Byju Raveendran files caveat in SC after getting control of his firm")
Sun Mobility's battery swap solution to power Odysse's e-bike Vader SM
This collaboration marks an important step for Odysse Electric in expanding its global footprint and accelerating the adoption of electric mobility globally
 "Sun Mobility's battery swap solution to power Odysse's e-bike Vader SM")
Sunkind Energy secures 20 MW solar projects in Punjab, Maharashtra
The contracts have been awarded by Nahar Group and Jindal Group, the company said in a statement
 "Sunkind Energy secures 20 MW solar projects in Punjab, Maharashtra")
Yuva Term to Digi Term: LIC launches new products across categories
In a separate exchange filing, the life insurer stated that its Bangladesh office will be closed from August 5, 2024, to August 7, 2024
 "Yuva Term to Digi Term: LIC launches new products across categories")
Delhi HC appoints arbitrator to resolve PVR INOX, Ansal Plaza Mall dispute
PVR INOX has filed a claim of approximately Rs 4.5 crore against Ansal Plaza Mall in Greater Noida, seeking arbitration to address the issue
 "Delhi HC appoints arbitrator to resolve PVR INOX, Ansal Plaza Mall dispute")
CIL, GAIL sign agreement to set up coal-to-synthetic natural gas project
While Coal India Ltd (CIL) will have 51 per cent shareholding in the joint venture, GAIL, the nation's largest gas transportation and distribution firm, will have 49 per cent
 "CIL, GAIL sign agreement to set up coal-to-synthetic natural gas project")
CtrlS Datacenters to invest Rs 400 crore in Patna's upcoming datacentre
CtrlS Datacenters plans to invest approximately Rs 400 crore in this new datacentre, which will boast a 10MW IT load capacity and house approximately 1,000 racks
 "CtrlS Datacenters to invest Rs 400 crore in Patna's upcoming datacentre")
L'Oreal plans to acquire 10% stake in Swiss skincare firm Galderma
L'Oreal will now acquire 10 per cent stake for undisclosed premium from Sunshine SwissCo AG, Abu Dhabi Investment Authority (ADIA), Auba Investment Pte Ltd
 "L'Oreal plans to acquire 10% stake in Swiss skincare firm Galderma")
Ample Parks to invest Rs 800 crore in Chennai's Mahindra World City
Ample Parks will develop 15-17 projects across Tier-I and Tier-II cities such as Mumbai, Pune, Bengaluru, NCR, Lucknow, Guwahati, Nagpur, and Ahmedabad over the next five to seven years
 "Ample Parks to invest Rs 800 crore in Chennai's Mahindra World City")
Quantum Capital to buy US power producer Cogentrix Energy for $3 bn
Cogentrix, which was bought by Carlyle from Goldman Sachs in 2012, operates more than 70 gas, coal, solar and other renewable assets
 "Quantum Capital to buy US power producer Cogentrix Energy for $3 bn")
Honeywell India's Q1 profit jumps to Rs 137 cr on order execution
The Indian unit of US-based Honeywell International reported a profit of Rs 137 crore (around $16 million), compared to Rs 103 crore a year ago
 "Honeywell India's Q1 profit jumps to Rs 137 cr on order execution")
Swiggy Instamart appoints Sairam Krishnamurthy as chief operating officer
Krishnamurthy's appointment follows a series of senior hires at the quick commerce platform
 "Swiggy Instamart appoints Sairam Krishnamurthy as chief operating officer")
ADIF files complaint with CCI against Google for anti-competitive practices
The complaint outlined Google's dominant position and alleged abusive behaviour
 "ADIF files complaint with CCI against Google for anti-competitive practices")