Page 815 - Company News

Go First won't move against Delhi High Court order, set for liquidation

Go First filed for bankruptcy in May 2023. Since then, the lessors of these aircraft have been locked in a battle with the former owner of the airline and others to take control of their aircraft

ICAI says action against EY India affiliates under its statutory powers

The body added that the procedure for enquiring and levying penalties is governed by statutory rules framed by the Centre

Adani Ports to invest in Philippines, eyes Bataan for port development

Adani Ports and Special Economic Zone Limited (APSEZ) is eyeing Bataan to establish a 25-meter-deep port capable of accommodating Panamax vessels

Tata Motors' DVR conversion plan gets shareholders' nod with 99.8% votes

The shareholder approval will pave the way for Tata Motors to convert its shares with DVR into ordinary shares and thereby simplify its capital structure

Apple grows in double digit in India in Q2, Tim Cook very pleased

Apple CEO Tim Cook mentioned Apple's efforts to expand its presence in India, including increasing its distribution channels and developer community

Slipping profits in Q4FY24 due to inventory loss, says Indian Oil

IOCL said crude throughput for Q4 reached record levels of 73,308 MMT in FY24

Cigniti Technologies acquisition will be game changer: Coforge CEO

The company has set a target of training 40 per cent of its workforce in GenAI skills in FY25

Cash-strapped Byju's pays April salaries to all employees except sales ones

Last month, Byju Raveendran, the founder and chief executive officer of Byju's, secured a private debt of about Rs 30 crore to pay the March salaries of employees

Shriram Group in talks with partners for wealth management biz foray

Shriram Finance expects vehicle sales growth to be in single digits during the current financial year, owing to a dip during the election season

Atanu Chakraborty re-appointed HDFC Bank chairman for three years

Atanu Chakraborty is not related to any other directors or key managerial personnel of the bank.

Tesla vs Tesla: US carmaker sues Indian namesake for trademark infringement

During the hearing, the Indian company, Tesla Power India Pvt Ltd, argued its main business is to make "lead acid batteries" and it has no intention of making electric vehicles

Aptus Housing Finance Q4 results: Net profit increases 21% to 164 cr

Total disbursements made during the quarter under review went up by 45 per cent to Rs 968 crore, from Rs 668 crore registered during the corresponding quarter of last year

Swiss Military to invest Rs 56.5 crore on new manufacturing unit in Haryana

Spread over 1.21 acres and a built-up area of about 85,000 sq ft, the proposed plant will have a production capacity of 10 lakh pieces per year, it added

Aurobindo Pharma gets tax demand of over Rs 13 cr from Hyderabad officials

The order demanded reversal of ITC and payment of GST amounting to Rs 6,54,50,645 along with interest of Rs 5,92,20,900 and penalty of Rs 65,51,354, Aurobindo Pharma said in a regulatory filing

Sebi gives approval to CARE Ratings' subsidiary to provide ESG ratings

Such ratings will enable the issuers to discern steps for the betterment of their sustainability performance

Wockhardt Hospitals launches early recovery program for liver transplant

The hospital group also claims that the ERP program improves the survival rate of the patients by approximately 2-3 per cent while enhancing patient outcomes through advanced techniques

Dr Reddy's Laboratories launches generic anti-bacterial medication in US

The company has launched Doxycycline Capsules (40 mg) in the US market, the Hyderabad-based drug maker said in a statement

Abbott launches XIENCE Sierra coronary stent system for heart patients

The XIENCE Sierra is the latest generation of the XIENCE family of everolimus-eluting coronary stent systems

Adani Group stocks see little impact of Sebi notices on disclosure norms

Six group firms say they have received notices; legal experts say allegations don't seem to be very serious

Premji Invest inches closer to majority stake acquisition in Nainital Bank

Bank of Baroda, a public sector lender and the majority shareholder holding around 98% of Nainital Bank, is expected to divest its entire stake