Page 783 - Company News

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

Beneficial ownership norms in focus as MNCs face greater scrutiny

Experts said that the SBO provisions are facing compliance issues since their introduction on account of interpretational issues

SJVN's 900 MW project in Nepal to start power generation from 2025: CMD

SJVN is constructing the multi-crore Arun 3 Hydro Electric Project in Nepal

RIL registers sub-lease deed for land to develop global economic hub

Mukesh Ambani-led firm moves a step closer to develop the global economic hub, proposed in 2018

Tata Motors board okays to incorporate new wholly-owned unit for CV biz

The company has proposed the name of the new unit as TML Commercial Vehicles Ltd (TMLCVL)

Garuda Aerospace aims to sell 50,000 agri, consumer drones in coming years

In a statement on Tuesday, the company said it has received the Directorate General of Civil Aviation approval for manufacturing of small and medium drones

Air India ties up with Delhi Metro, DIAL to facilitate int'l check-ins

Service will now be extended to international flyers and will remain operational at two Delhi metro stations-- New Delhi and Shivaji Stadium-- from 7 am to 9 pm

Ambani faces pushback over 5G deal from parliamentary minority in Ghana

The Ghanaian government's plan to launch a 5G network using a company partnering with Mukesh Ambani is a bad deal for the debt-ridden nation, which needs funds for critical development projects

Baron Capital boosts food delivery firm Swiggy valuation to $15.1 billion

The food delivery firm's investors have been consecutively marking up the company's valuation over the last year as it gears up for an IPO this year

FSSAI asks food biz to remove claim of 100% fruit juice from packet labels

Upon thorough examination, FSSAI has concluded that, according to the Food Safety and Standards (Advertising and Claims) Regulations, 2018, there is no provision for making a '100%' claim