Page 750 - Company News

Govt committed to create biz friendly environment for industry: Goyal

Interacting with industry leaders in Hyderabad on Sunday, the minister said such interactions are key for understanding the challenges faced by the industry and policy-making

Coal India's production increases by 8% during the first quarter

The Union Ministry of Power has mandated the import of coal for blending at thermal power plants to continue till October 2024

HDFC Bank to migrate its core banking system to a new platform on July 13

Customers will have limited access to bank's services during the 13.5-hour upgrade

White collar hiring activity witnesses 7.62% decline in June: Report

In June, white-collar hiring activity declined 7.62 per cent with 2,582 job postings compared to 2,795 a year earlier, according to Naukri JobSpeak Index

Narayana Health Insurance launches its first insurance product 'Aditi'

Its first health insurance product Aditi will come at a premium of Rs 10,000 per year

Air India to set up flying training organisation in Maharashtra's Amravati

To meet the growing demand in the country's air travel market, Indian carriers have made four significant aircraft orders since last year

Govt panel urges drug regulator to approve Lilly's obesity drug Mounjaro

Lilly should also submit the required manufacturing and controls data, the expert panel added

Patanjali Foods to buy Patanjali Ayurved's non-food biz for Rs 1,100 cr

Patanjali Foods and Patanjali Ayurved have also agreed to enter into licensing agreement, permitting the company to use the trademarks and associated intellectual property rights, owned by the latter

Sebi approves IPO plans of FirstCry, SoftBank-backed Unicommerce eSolutions

While FirstCry had refiled its DRHP, Unicommerce classified more entities as promoters for IPO approval

TVS Mobility arm acquires automotive components supplier Roberto Nuti

TVS Mobility has a well-established presence in Europe with some of the other businesses that are part of the group such as TVS Supply Chain Solutions and TVS Srichakra Ltd

EaseMyTrip inks MoU with UP EcoTourism Development Board to boost tourism

The partnership will leverage EaseMyTrip's extensive reach and technological expertise to highlight Uttar Pradesh's rich eco-tourism offerings

NHRC issues notice TN govt over gender discrimination in Foxconn hiring

NHRC has taken suo-motu cognizance of media reports that Foxconn, a major manufacturer of Apple devices, has systematically excluded married women from jobs at its iPhone assembly plant in Sriperu

Kia India sales zoom past 120,000 in 2024 first half; records 6% growth

Our superior product offerings have consistently attracted customers to our showrooms throughout the year, maintaining a strong sales position, said Kia India in a statement

Reliance Industries can add up to $100 bn to market cap: Morgan Stanley

The oil-to-telecom conglomerate has seen monetisation cycles deliver 2-3x value creation for shareholders in the past nearly three decades, with each decade seeing $60 billion+ in market cap creation

Incuspaze takes on lease of 580,000 sq feet office space in Gurugram

Incuspaze has taken on lease 220,000 square feet in M3M's commercial project on Golf Course Extension in Gurugram

State-run Coal India's production rises by 8% to 189 MT in first quarter

Coal India's production in June increased by 9 per cent to 63 MT, over 58 MT produced in June FY24

Maruti Suzuki sales grew by 12% to 179,228 units in Jun, exports rise

The total domestic passenger vehicle sales were 137,160 units last month compared, said automaker Maruti Suzuki India

Audi India reports 6% decline in June quarter retail sales at 1,431 units

The German luxury carmaker had sold 1,524 units in the year-ago period

Asset manager BlackRock to buy UK data firm Preqin for $3.2 bn in cash

BlackRock, which manages more than $10 trillion, is seeking to capitalise on a boom in demand from investors for alternative assets

Purplle group raises Rs 1,000 crore from Abu Dhabi Investment Authority arm

Purplle has also announced a Employee Stock Ownership Plan (ESOP) liquidity programme and will offer liquidity of Rs 50 crore to its employees