Page 809 - Company News

Birla Fertility acquires Kerala-based AMRC IVF to foray into South India

According to industry sources, the deal is valued at below Rs 100 crore, and the transaction will be financed through internal accruals

Citigroup sells shares of Vodafone Idea for over Rs 233 cr via open market

US-based Citigroup through its affiliate, Citigroup Global Markets Mauritius, offloaded shares of Vodafone Idea through a block deal on the BSE

Intervene urgently, resolve AI Express strike: Venugopal writes to Scindia

In a letter to Scindia, Venugopal said the flight cancellations are causing agony to fellow citizens, especially those going to the West Asia

Air India Express to curtail flights amid cabin crew shortage: CEO Singh

Tata Group-owned Air India Express operates around 360 flights daily in the ongoing summer schedule that started in late March

FanTV aims to onboard 10 mn users, add 80,000 content creators in 18 months

Earlier, the company raised $5.5 million, about Rs 45 crore, from Multicoin Capital, Krafton, IOSG Ventures, and Woodstock Fund

Serum Institute responds for first time on Covishield amid safety row

Serum Institute of India says it stopped manufacturing Covishield since December 2021

RBI lifts curb on boarding of new customers on Bob World app after 6 months

The RBI had imposed restriction on state-owned Bank of Baroda (BoB) on October 10, 2023 from onboarding new customers on its mobile app 'Bob World'

BSES power discoms launch scheme for replacement of old ACs in Delhi

The summer season this year is anticipated to be intense with temperatures already reaching 40 degrees Celsius in Delhi and expected to rise even higher, it said

REC plans to raise up to Rs 6,000 crore through two bonds on Friday

The company has invited bids for the same on Friday. The NCDs have been given the highest credit rating of 'AAA' with a 'Stable' outlook by ICRA, and CRISIL

Air India Express staff express 'growing discontent' in letter to chairman

The letter from the Air India Express employees union follows a mass sick leave by Air India cabin crew earlier today which left at least 86 flights cancelled

Birla unit acquires ARMC IVF centre to foray into South Indian market

The company plans to expand its footprint to 100 clinics with an investment of over Rs 500 crore over the next 3-4 years

Sonata Software to get 20% of revenue from AI-led services in 2-3 yrs: CFO

To fuel its growth plans, Sonata will also be looking at acquisitions provided it fits the company's strategy

TVS SCS wins new business deal for Eicher's bus facility in Baggad

VECV has been associated with TVS SCS since 2006 for in-plant logistics operations at its truck plant in Pithampur

USFDA issues Form 483 with 1 inspectional observation to Cipla's Maha unit

The company will work closely with the USFDA and is committed to addressing this observation comprehensively within the stipulated time, Cipla said

Air India Express says no recognition of workers' union amid crew protest

The statement comes hours after the airline cancelled some 26 flights and delayed 81 due to last-minute sick calls by some cabin crew members

Rockwell Automation to expand in India with more factories, tech workers

The industrial automation equipment maker, which completed 40 years in India in 2023, counts many manufacturing giants, including Reliance Industries, Mahindra Group and MRF, as its customers

In discussion with various parties: Adani Ports on investing in Philippines

Adani Ports issued a clarification on reports stating the company planned to launch a development project in Bataan, Philippines to expand its ports. Here's what they said

L&T's power transmission biz bags multiple orders in India, overseas

The power transmission and distribution (PT&D) vertical has also received orders to set up transmission lines and a gas insulated substation to integrate solar energy zones in Rajasthan and Karnataka

Godrej Properties reduces net debt by 10% in Q4 on strong cash flow

Pirojsha attributed the reduction in the net debt to strong cash collections from customers

AI startup Myelin Foundry raises $4 mn in round led by SIDBI Venture Cap

Company says it will use money to expand in international markets and strengthen technology