Page 775 - Company News

BHEL gets thermal power project worth over Rs 3,500 cr from Adani Power

The order's total worth is more than Rs 3,500 crore, excluding the GST, the company added

FMCG major Dabur seeking clarity on FSSAI's 100% fruit juice directive

The firm sells its 'Real Activ' brand with the claim of 100 per cent juice

Tier-2 cities continue to see steady growth in hiring activities: Report

In terms of the metro cities, Kolkata and Delhi/NCR stand out as leading hiring hubs on a year-on-year basis, it stated

SUN Mobility partners with IndianOil for setting up battery swapping infra

The JV brings together IndianOil's network of over 37,000 fuel stations across the country, with SUN Mobility's battery swapping technology making it as accessible as conventional fuel stations

State-owned RVNL receives Rs 390 crore project from Indian Railways

RVNL has received a Letter of Acceptance from the Eastern Railway for the construction of the Sitarampur bypass line under the Asansol Division of Eastern Railway, it added

SpiceJet plans to raise $250 million by mid-August, says Ajay Singh

The airline's shareholders had earlier this year approved the issuance of equity and warrants for raising Rs 2,241 crore, out of which the airline has raised Rs 1,060 crore to date

Maruti Suzuki to invest Rs 450 crore in renewable energy initiative

In FY24, the company invested Rs 120.8 crore in the vertical

Murugappa Group's EV arm to raise Rs 310 crore from M&G Investments

It planned to raise capital to the tune of Rs 3,000 crore to fund its multiple verticals of electric vehicles

Isro Chairman inaugurates HAL facilities, boosting rocket manufacturing

HAL said the facilities would provide a major boost to Isro's ability to meet its growing production needs, particularly for the Launch Vehicle Mark3, India's heaviest and most powerful rocket

Vistara nimble enough to make course corrections: CEO Vinod Kannan

The full service carrier, which is in the process of getting merged with Air India, recently faced significant disruptions due to pilot woes and now, the operations are getting stabilised

Maruti Suzuki set to invest Rs 450 crore for renewable energy projects

As part of its renewable energy strategy, Maruti Suzuki India has initiated operations at a biogas facility within its Manesar plant in Haryana, using its food waste and Napier grass

Air India: Now lock your flight rate for two days by paying nominal fee

Air India's 'Fare lock' feature allows passengers to secure a fare for two days by paying a nominal fee, allowing them to confirm their travel plans

Air India Express taps on growth, group synergies: MD Aloke Singh

Speaking at the CAPA India Aviation Summit 2024 in the national capital, Singh also said that for the next five years, he does not see any issue of bilateral flying rights impacting its growth

SpiceJet aims to raise $250 mn in coming months, says CEO Ajay Singh

The airline is tackling multiple headwinds, including lessor and debt woes, with Singh saying the carrier has faced "significant black swan events"

Air India in 'good position', to retrofit over 100 planes: CEO Wilson

Emphasising that "plenty of things" are going on as part of the transformation at Air India, Wilson said the focus is on integration, growth, optimisation and customer experience

Hindalco-owned Novelis delays IPO amid weak market conditions, shares fall

The delay will likely have a short-term negative impact on Hindalco, said Sneha Poddar, associate vice president at Motilal Oswal Financial Services

Reforms, PLI: CEOs expect new govt to maintain policy continuity

The election results coincide with a slowdown in manufacturing activity for the second consecutive month in May

PNB to float Canara HSBC Life Insurance IPO, will divest 10% stake

HSBC and public sector Canara Bank are promoters of the life insurance company holding 26 per cent and 51 per cent, respectively

Cintra receives CCI's approval to acquire 24% stake in IRB Infra Trust

Cintra InvIT Investments BV (Cintra SPV 1) and Cintra IM Investments BV (Cintra SPV 2) collectively belong to the Netherlands-based Ferrovial group

Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement

In FY24, Tata Capital and Tata Motors Finance reported a net profit of Rs 3,150 crore and Rs 52 crore respectively