Page 863 - Company News

Quantum MF asks ICICI Bank to stall ICICI Sec delisting over irregularities

Last month, the delisting bid was approved by shareholders of both ICICI Bank and ICICI Securities

CBI FIR against second-biggest electoral bond buyer Megha Engineering

Eight officials of the NISP and NMDC and two officials of MECON were also named in the FIR for receiving alleged bribe of around Rs 78 lakh in clearing bills of Rs 174 crore of Megha Engineering

Apple sets record: iPhone exports under PLI double to $10 bn in a year

Exports expected to cross 80% of its production

Godrej Locks eyes 50% market share, bets big on new cheaper products

Shyam Motwani, business head for Godrej Locks and architectural and systems, said the company's newly-launched products are over 50 per cent affordable than the existing locks

Near-term growth snags could keep IT services giant TCS in a bind

Yet, positioned for revenue growth with recent strong deals, driven by a strengthening US economy

After making insolvency process creditor-driven, can IBC address the delays

Experts point out that though the IBBI data reflects a steady rise in the total number of insolvencies admitted, the year-on-year increase does not show a consistent trend

Jaypee Infratech's stalled Wish Town leaves homebuyers in the lurch

Homebuyer's appeal to be heard by NCLAT if the two bodies do not reach settlement by April 18

Glenmark Pharma recalls 6,528 bottles of blood pressure drug in US

The affected lot has been produced in India and is being recalled by New Jersey-based Glenmark Pharmaceuticals Inc for failed dissolution specifications, the USFDA said

Route Mobile public shareholders tender shares worth Rs 2,500 crore

The acquisition has triggered an open market offer for the sale of 26 per cent of Route Mobile in compliance with regulatory guidelines

Varun Beverages starts production of soft drinks at Gorakhpur facility

The Jaipuria family-promoted firm will also start juices and value-added dairy products from the Gorakhpur facility, Varun Beverages Ltd (VBL) said in a regulatory filing

Healthcare solution provider Enhanced Innovations launches 'Phloton'

A portable cold chain solution for last-mile vaccine delivery

All 224 flats in Gurugram project sold in 15 mins for Rs 440 cr: Ashiana

In a statement, the company said it has 'sold out the entire phase 3 of its prestigious project, Ashiana Amarah within 15 minutes of launch'

Remove Bournvita from health drinks category: Govt tells e-commerce sites

The food safety regulator had iterated that 'energy drinks' is permitted to be used for carbonated and non-carbonated water-based flavoured drinks

No Malayalam film will be given to PVR-owned screen or theatre: FEFKA

Unnikrishnan said that there was an ongoing dispute between PVR and the film producer's association on the issue of virtual print fee (VPF) charged by the multiplex company

Petregaz India commissions its Rs 600 cr LPG import and storage terminal

The newly commissioned facility, with an investment of Rs 600 crore, enables Petregaz to deliver cost-effective, and dependable solutions to LPG marketers, the company said in a statement

HMPL board approves Rs 486 cr fundraising plan through issuance of warrants

The company said it looks to utilise the proceeds to enhance financial resources to fund its growth

RBI rejects Tamilnad Mercantile Bank's proposal for CEO candidate

Bank has been asked to submit "fresh panel of candidates with suitable experience" for the position of chief executive

Tata Motors: Positives fully priced in, analysts still upgrading the stock

Company expects to improve EV penetration and expand margins in CV segment

Revolut gets RBI nod to issue Prepaid Payment Instruments in India

This enables it to operate as a domestic player in the market, the global fintech firm said in a statement

TCS headcount declines for first time in 19 years; hits campus route

Total employee base now remains at 601,546