Page 791 - Company News

Delhi High Court orders SpiceJet to return leased aircraft, engines to TWC

SpiceJet, which currently owes $14 million to TWC, had its offer to pay $435,000 a month to clear its dues rejected

HP rebrands consumer, commercial PC portfolios, launches new AI logo

New brands coming to India in a month

JSW Cement to invest Rs 3,000 cr for new manufacturing unit in Rajasthan

Once operational, the facility will mark the company's entry in the North Indian market

HDFC Bank exits Protean eGov Tech, sells entire stake for Rs 150 crore

According to the bulk deal data available with the BSE, HDFC Bank sold 12,94,326 shares, amounting to a 3.20 per cent stake in Protean eGov Technologies

Reliance Industries picks Norwegian partner Nel ASA for electrolyser tech

The agreement provides RIL an exclusive license for Nel's alkaline electrolysers in India, manufacture for captive purposes globally

FSSAI finds no traces of ethylene oxide in MDH, Everest spice samples

As many as 28 samples have been cleared by the scientific panel at FSSAI, with no traces of ETO in them, said sources

Standby passenger boards IndiGo flight, later deboarded for ticket holder

"The error was noticed prior to the departure of the aircraft, and the standby passenger was de-boarded. This led to a slight delay in the departure of the aircraft," the airline said

Flipkart Grocery records 1.6X y-o-y growth; scales up operations in metros

The e-commerce firm reports notable surge in premium categories such as liquid detergents by 1.8times, dry fruits by 1.5times, and energy drinks by 1.5 times

Shell shareholders reject investor climate resolution filed by activists

The company, however, introduced a new 'ambition' to cut overall emissions from oil products such as gasoline and jet fuel sold to customers by 15-20% by 2030 compared with 2021

JM Financial, 6 others settle case with Sebi; pay over Rs 23 lakh fine

The order came after the applicants proposed to settle the instant proceedings initiated against them, without "admitting or denying the findings of facts and conclusions" of law

Suspension order on Vedanta's iron ore plant in Karnataka revoked

Vedanta Ltd in April informed the BSE about the temporary suspension of mining operations at the iron ore mine due to non-compliance with the approved mining plan

Emirates flight strikes flock of flamingos in Mumbai, raises concerns

The bird strike, which happened closer to Laxmi Nagar in Ghatkopar East, claimed the lives of at least 36 flamingos, a forest official said

Expect significant growth from insurance income in FY25: City Union Bank MD

The Tamil Nadu-based bank was on track to reach pre-Covid level in slippages and recovery, the bank's Chairman and Managing Director and CEO N Kamakodi said

Muthoot FinCorp plans to reduce the share of its gold loan business

During the last financial year, the company reported its highest-ever loan disbursements with consolidated disbursements at Rs 61,703.26 crore, up by 18.60 per cent

KKR acquires minority stake in Healthcare BPO firm Infinx for Rs 1,250 cr

Founded in 2012, Infinx is a provider of innovative, data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the US market

Sobha Group to soon enter Mumbai luxury housing market, says founder Menon

Sobha Group, which was founded in 1995, has a real estate business in India and Dubai, with plans to soon enter the US property market

Tata Power-DDL, India Smart Grid Forum tie up for vehicle-to-grid project

Additionally, the project will investigate how EVs can participate in the power market by storing electricity when prices are low and selling it back during peak hours

PVR Inox's food and beverage revenue outpaced ticket sale in FY24

The theatre chain's F&B sales generated Rs 1,958.4 crore in FY24, up from Rs 1,618 crore last year, whereas movie ticket revenue was Rs 3,279.9 crore in FY24, compared to Rs 2,751.4 crore in FY23

Muthoot FinCorp records highest-ever loan disbursement at Rs 61,703 cr

The assets under management (AUM) of the company stood at Rs 21,712.34 crore, up 23.26 per cent compared to Rs 17,615.07 crore in the year-ago period

Coforge, Microsoft to launch innovation hub for creating GenAI solutions

"This collaboration with Microsoft will further accelerate our efforts to deliver industry-leading generative AI solutions to our customers," Coforge CEO and executive director Sudhir Singh said