Page 833 - Company News

Byju's continues facing cash crunch as NCLT defers hearing to June 6

Byju's and its investors are fighting at the National Company Law Tribunal (NCLT) over the company's rights issue of $200 million in a petition alleging oppression and mismanagement

Govt gets Rs 3,443 crore special dividend from TCIL, says Dipam secy

Established in 1978, TCIL is an engineering and consultancy and a profit-making organisation since its inception, as per its website

Is your apology as big as your advertisements? SC asks Patanjali

"Does it cost the same tens of lakhs of rupees for the full-page advertisements you published? We are wondering," Justice Kohli asked

IndiGo to introduce entertainment unit on trial basis on Delhi-Goa route

It will be the first time that the country's largest airline will offer in-flight entertainment content for passengers

NBCC secures new work orders worth Rs 23,500 crore in 2023-24 fiscal

Among the major orders received in 2023-24, NBCC said it has got additional FAR (floor area ratio) works in Amrapali worth about Rs 10,000 crore

As silver price rally, Hindustan Zinc's plans entry into value-adds

Hindustan Zinc appoints Hugo Schumann as head of silver division to intensify focus on the white metal

Air India staff bids adieu to one of its last Boeing 747s from Mumbai

'Wing wave' is a dip of the aircraft from one side to the other in the air that is generally done for retiring aircraft

Razorpay forays into UPI infrastructure space, offers UPI Switch

Razorpay plans to offer the service to more banks in the future, the company's chief executive officer (CEO), Harshil Mathur said

Reliance tops India Involved Ranking; measures commitment to Vikasit Bharat

The ranking and the index has been put together by Skoch, a leading Indian think-tank dealing with socio-economic issues and focusing on inclusive growth

Air India enters into codeshare pact with Japan's All Nippon Airways

Air India will add its 'AI' designator code on ANA's flights between Tokyo Haneda and Delhi as well as Tokyo Narita and Mumbai

Fintech major BharatPe launches an 'all-in-one' payment acceptance device

The device enables transactions via different methods such as point-of-sale (PoS), quick response (QR) code, tap-and-pay and traditional card payment options such as debit and credit cards

Persistent Systems will be cautious on campus hiring in FY25: CEO

The company will prioritise growth over profitability at a time when macroeconomic uncertainties have dented demand for IT services, its chief executive Sandeep Kalra told PTI

Genpact launches innovation centre in Gurugram to support AI-first approach

Facility will offer Genpact and its clients a space to explore 'new ideas' and capabilities

Zydus Lifesciences gets China nod for drug to treat CKD-linked anaemia

It is estimated that more than 120 million people are living with chronic kidney disease in China

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

The move could come at a cost for shareholders, who could see their holdings diluted in a crisis

Tata Power Solar Systems, Indian Bank partner to boost residential rooftops

Under the framework of the PM Surya Ghar Muft Bijli Yojana initiative, residential consumers can avail of loans up to Rs 2 lakh at an annual interest rate of 7 per cent.

Hatsun Agro Q4 results: Profit after tax rises over 100% to Rs 52.16 crore

Revenues during the quarter under review grew to Rs 2,046.87 crore as against Rs 1,789.46 crore registered in the same period of last year

RIL, JSW Neo, Amara Raja among 7 bidders for gigawatt battery production

The seven companies have collectively applied for a cumulative capacity of 70 GWh, the Ministry of Heavy Electricals informed

Reliance wins govt approval for investment to raise KG-D6 block's output

Reliance and its partner bp Plc currently produce around 30 mmscmd or about 30 per cent of India's gas production, from the KG-D6 block

Co-working firm WeWork in talks to sell entire 27% stake in India unit

WeWork India had posted a turnover of Rs 1,400 crore during the 2022-23 fiscal year