Page 706 - Company News
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")
Keystone Realtors Q1 results: PAT down 45% at Rs 26 cr on higher expenses
The company, which sells properties under Rustomjee brand, had posted a net profit of Rs 46.97 crore for the year-ago period
 "Keystone Realtors Q1 results: PAT down 45% at Rs 26 cr on higher expenses")
IndiGo to offer business class on 12 routes, tickets start at Rs 18000
The airline will launch its business class tickets on 12 routes, starting with Delhi-Mumbai. It will also serve the cities of Bengaluru, Chennai, Kolkata and Hyderabad within a year after the initial
 "IndiGo to offer business class on 12 routes, tickets start at Rs 18000")
SFIO carrying out detailed probe into Sahara group companies: FM Sitharaman
The minister said after the detailed analysis of the SFIO the whole picture will be cleared and action could be taken
 "SFIO carrying out detailed probe into Sahara group companies: FM Sitharaman")
ONGC to intensify gas production in Tripura to feed power plants: Official
The decision comes amid reports of a reduction in gas supply to various gas-based power generation plants in the state
 "ONGC to intensify gas production in Tripura to feed power plants: Official")
IndiGo to introduce flights to 7 new global destinations by end of FY25
IndiGo airlines currently operates more than 2,000 flights daily, connecting around 120 destinations, including 33 international cities