Page 889 - Company News

Blinkit may become bigger than Zomato's food biz in 1 year: Deepinder Goyal

Meanwhile, food delivery at the end of Q3 FY24 had a revenue of Rs 2,025 crore, and Blinkit clocked Rs 644 crore

Aditya Birla Sun Life AMC OFS opens on Tue; fixes floor price of Rs 450 cr

At the base offer, promoters would raise Rs 900 crore, while with the green shoe option they would raise about Rs 1,487 crore

Didn't get notice from US officials regarding bribery probe: Adani Group

The company "states that it has not received any notice from the Department of Justice of US in respect of the allegation referred to in the said article

FLY91 starts commercial operations with maiden flight from Goa to B'luru

The company spokesman said that FLY91 is initially offering flights between Goa, Hyderabad, Bengaluru and Sindhudurg, with plans to start operations to Agatti, Jalgaon and Pune in April

Govt proposes exempting certain M&A deals from CCI approval requirement

Draft rules to exempt certain categories of combinations from the Competition Commission of India (CCI) approval requirement have been issued by the corporate affairs ministry

Women hiring from campuses grew 5% in 2022-23, says HirePro report

In FY23, 40 per cent of the fresh talent hired from college campuses were women, up from 35 per cent in the previous year, AI-powered recruitment automation firm HirePro said in the report

New EV policy to help launch many premium-quality SUVs: VinFast Auto

"This forward-looking policy helps us introduce a wide variety of smart, green, premium-quality SUVs, at inclusive prices, along with outstanding aftersales policies," he added

E-Luna turns an instant hit in electric vehicle two-wheeler market

The E-Luna brand is considered as one of the most affordable electric two-wheelers from an Indian manufacturer, priced between Rs 69,990 and Rs 74,990

Fashion, grocery to capture 2/3rd of e-commerce by 2027: Falguni Nayar

Nayar, speaking at the Startup Mahakumbh in New Delhi on Monday, said that India is currently at a stage similar to where China was 15 years ago

Birla AMC promoters to sell 11.47% to raise about Rs 1.4K crore

The Aditya Birla Group, which holds a 50 per cent stake in the AMC, will offload 5 per cent, while Sun Life, which has a 36.48 per cent, will sell the remaining 6.47 per cent stake in the OFS

Flipkart's quick-commerce foray: Will Zepto and Blinkit feel the pinch?

Flipkart's ecommerce advantage might not come into play in quick commerce all that quickly

BluSmart to add 4,000 EVs of French carmaker Citroen to its fleet

As part of the initial phase, 125 Citroën ë-C3 electric SUVs were flagged off from BluSmart's EV charging superhub in Bengaluru

Third Wave Coffee CEO Sushant Goel steps down; Rajat Luthra to replace him

Since its inception in 2016, Goel, along with co-founders Ayush Bathwal and Anirudh Sharma, has been successfully able to scale the company to over 100 outlets across India

YES Bank partners with Indian Olympic Association for Paris Olympics 2024

The bank also unveiled the 'YES Glory' savings account proposition, extending benefits to athletes and their immediate family members

Clinisys Laboratory Solutions to ramp up India hiring by 50% in 2024

Clinisys holds a leadership position in the clinical laboratory information systems market, with a 19 per cent share of the market

IL&FS moves NCLAT, seeks protection for group cos from wilful defaulter tag

IL&FS has prayed to restrain the banks from pursuing proceedings against "other IL&FS companies and/or their Directors and/or officers appointed after October 2018 by the IL&FS New Board."

Tata Sons to sell up to 23.4 mn TCS shares in a deal worth $1.13 bn

Tata Consultancy Services' stock price closed at Rs 4,152.50 today, it is up 1% on one month and has gone up by 14.92% in six months

Chhattisgarh's SECL exceeds the overburden removal target for FY24

In FY24, SECL recorded 248 MCuM OBR in FY23 (till March 15, 2023). This year, the company has registered growth of 24.64 per cent (61.32 million cubic metre)

NIIF-backed Digital Edge to invest Rs 1,400 cr in Navi Mumbai data centre

Plans to expand capacity to over 300 Mw in 7-8 years; taps SBI for term loan

Vedanta's Sterlite to transfer three power projects to GIC venture

The projects are still under development and the transfer into the Sterlite Grid 32 Ltd. joint venture has been agreed, the people said, asking not to be identified because the matter isn't public