Page 788 - Company News

Cube Highways announces Rs 3.94 per unit dividend totaling Rs 508 cr for Q4

The per unit distribution comprises Rs 1.79 as interest, 20 paise as dividend, Rs 1.94 as repayment of SPV loan and 1 paisa as treasury income, it said in a statement

Sterlite Power gets stakeholders' nod to demerge transmission business

SPTL is a leading private sector power transmission infrastructure developer and GPS provider

Goswami Infratech gets nod to delay payment due this month: Report

The company has received sufficient creditor backing for a proposal to delay a bond payment, according to the people familiar who asked not to be identified

Tesla breaks ground on Megapack energy storage battery factory in Shanghai

It said the factory was slated to start mass production in early 2025, with an initial capacity of 10,000 Megapack units a year

Delhivery partners SUGAR Cosmetics for pan-India B2B logistic operations

The logistics company has been a long-standing partner for the brand's D2C express parcel shipping, Delhivery said in an exchange filing

Emcure, Gennova settle legal dispute with US-based HDT Bio, sign agreement

Litigation before courts in the US and arbitral tribunal in London settled, two sides say

JSW Paint turns profitable; aims for Rs 5,000 crore sales in two years

JSW Paints, which is among the new entrants in the fast-growing Indian paints industry, is aiming to grow much faster than the market

MG Motor India signs pact with Vertelo to deliver 3K EVs in phased manner

The partnership will focus on providing sustainable mobility solutions to riders and will also work towards establishing a robust EV charging infrastructure in the country, MG Motor India said

Godrej Properties sells 650 flats for Rs 2K cr in Noida amid strong demand

This is Godrej Properties' most successful-ever launch in Noida in terms of the value of sales achieved, the company highlighted

Air India Express struggles with roster software, over 50 flights affected

The Tata-owned airline has been compelled to manually assign duties and organise schedules for its staff, affecting around 50 out of the 300 daily flights operated by the airline

Ericsson India in discussions with Vodafone Idea for potential 5G agreement

Nitin Bansal of Ericsson India said the initiative follows a follow-on offer and is expected to initiate a network expansion project within the next two to three months

Zerodha's Nithin Kamath explains why the company doesn't advertise

Zerodha demonstrated robust performance relative to other discount brokers, witnessing a 1.5 per cent month-on-month increase in its clientele, reaching 7.4 million

Dell teams up with governments worldwide to tackle issues of AI ethics

Dell Technologies is actively collaborating with governments to establish appropriate policies and procedures, ensuring alignment with ethical standards within its probability models

RIL's new venture Tira bets on AI tools to push into Indian beauty market

The local beauty segment is expected to grow at 10% between 2022 and 2027, according to a September report by RedSeer Strategy Consultants and PeakXV, beating China's 7% and the US' 5%

Delhi to Delaware: No end in sight for edtech giant Byju's problems

Ex-employees planning to take firm to NCLT next week to demand their dues

Higher output, reasonable valuations positive for upstream major ONGC

The upside in production volumes coupled to reasonable valuations are two reasons why most analysts are bullish on the stock

Noel Tata's three children to be on five Tata Trusts' board seats

The move is being seen as part of the Trusts' succession plan

SAT nixes Sebi order on Linde India, asks firm to appear for document check

Market regulator had asked NSE to do a valuation of the company and its related party transactions

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex

Semi-annual rebalancing of BSE indices on Friday

MCA fines Nadella, LinkedIn India, 8 others for violating SBO norms

Company law experts have noted that the company has the option to appeal against the RoC order at the office of the regional director, MCA, or high court