Page 869 - Company News

MakeMyTrip expands global reach, now available in over 150 countries

India's online travel firm has expanded its reach to major travel markets like the UK, Germany, Japan, Italy, France, and others

Realme eyes top spot in Rs 15-25k segment with launch of P series in 2024

The company plans to launch the P series in the second week of April in sub-Rs 20,000 price range

JSW Steel posts record output at 26.43 in FY24, sees YoY growth of 9%

The company produced 25.55 MT steel from its India operations, up 8 per cent over 23.62 MT in the last fiscal

Edtech firm Aakash Educational Services appoints Deepak Mehrotra as new CEO

An IIT Roorkee electrical engineering alumnus, Mehrotra has completed an Executive program from The Wharton School, Philadelphia (USA)

Air India appoints Jayaraj Shanmugam as head of global airport operations

Jayaraj Shanmugam has previously worked with renowned companies such as Singapore Airlines, Qatar Airways, and Jet Airways

Apple pivots to housing for Indian factory workers. Plans 78,000 homes

'The massive employee housing initiative aims to enhance efficiency and provide security, particularly for migrant women employees,' said an official

Hyundai, Kia partner with Exide Energy for EV battery localisation in India

Hyundai Motor and Kia aim to localise their EV battery production, specifically focusing on lithium-iron-phosphate (LFP) cells

Godrej Properties sells 1,050 luxury homes for over Rs 3K cr in Gurugram

This project is GPL's largest residential development in Gurugram

SAIC's MG Motor India to bring in new investors, JSW set to buy 35% stake

IndoEdge India Fund will buy an 8 per cent stake, a dealer trust will take a 3 per cent stake and an employee stock ownership plan will own 5 per cent

Adani to invest Rs 2.3 trillion in renewable energy, manufacturing capacity

Adani New Industries Ltd, a unit in the group's flagship Adani Enterprises Ltd, will invest close to Rs 30,000 crore in expanding solar cell and wind turbine manufacturing capacity

Vistara cuts 10% daily flights in April to stabilise its operations

The cancellations mainly impact the airline's domestic flights and were planned in advance to minimise customer inconvenience

Manipal Health Enterprises nears Rs 1,400 crore deal to acquire Medica

Manipal Health Enterprises (Manipal Hospitals) currently operates 9,500 beds across 33 hospitals in India. Medica has a presence in eastern India with 1,200 beds

Data centre operator Yotta plans capacity booster for AI efforts

Apart from serving India, the company also aims to cater to the global demand

Info Edge reports increase of 3.5% in Q4 billings to Rs 827 crore

Recruitment Solutions billing grew by 7.18 per cent during the quarter to Rs 625.4 crore from Rs 583.5 crore in March 2023 quarter

Signature Global Q4 sales bookings jump 3.4 times to Rs 4,140 crore

As per the data, Signature Global clocked sales bookings of Rs 4,140 crore in the January-March quarter of 2023-24 as against Rs 1,220 crore in the year-ago period

RoC puts Rs 10 cr fine on 2 cos, 9 individuals for violating companies law

The action has been taken against the entities for violating Section 42 of the Companies Act, 2013, which pertains to the issuance of securities through the private placement route

Tata Steel to stop operations of coke ovens at Port Talbot plant

Coke ovens are manufacturing plants or blast furnaces for making coking coal, a key raw material in steelmaking

Cilio expects to double global business in 18 months with India foray

Cilio President and CEO Rick Olejnik told PTI that to cater to the growth the company will also double its engineering team in India

Tata Steel India sales rises 6% to 19.9 MT in FY24 on higher demand

Automotive and special products segment deliveries increased by 8 per cent in FY24 to 2.9 MT, surpassing the previous record in FY23

Irdai raises concern over Hinduja Group-led IIHL's bid for Reliance Capital

The regulator has sought clarification regarding equity capital that IIHL, the proposed buyer of insolvent Reliance Capital is willing to put in