Page 892 - Company News

Zee president and group chief technology officer Nitin Mittal resigns

This announcement comes amid strategic changes in the technology and data vertical, implemented by managing director and CEO Punit Goenka, a ZEEL statement said

Near-term demand remains a concern for listed tile maker Kajaria Ceramics

Even as the March quarter and FY24 volumes are likely to be on the lower side, management and brokerage commentary suggest that recovery could be strong in FY25

Lupin gets USFDA nod to market a generic drug to treat bacterial infections

The company has received approval from the USFDA for Doxycycline for Injection USP, the Mumbai-based drug maker said in a statement

REC Power, BHEL to develop utility-scale renewable energy projects

The SPV will be benefitted by the core engineering expertise of BHEL and infrastructure investment expertise of REC, a statement said

Vistara's ultimatum to pilots: Accept new salary structure by EOD

Pilots to lose slot on 'upgrade sequence list' if they fail to sign contract by Friday

Swisspod, TuTr Hyperloop to work for hyperloop tech deployment in India

TuTr Hyperloop is a deep tech incubated startup at IIT Madras. It designs and develops ultra-high-speed ground transportation systems, among others

Muthoot Microfin announces foray in Telangana with 4 branches in 1st phase

These branches will serve locations including Bhuvanagiri, Jangaon, Hanmakonda and Parakala, enhancing accessibility to financial services, the company said in a release

Govt nod for 17% wage hike for Life Insurance Corporation employees

The revision includes an increase in the National Pension System (NPS) contribution to 14 per cent from 10 per cent for nearly 24,000 employees

Thermax plans commercial-scale trial on high-ash coal gasification project

Thermax is also in dialogue with Coal India on coal gasification technology

Future Gaming and Hotel: The story of the largest electoral bond donor

Future Gaming purchased electoral bonds worth Rs 1,368 crore between April 2019 and January 2024, as per the details shared by ECI

Paytm Payments Bank releases FAQs on refund, closing FASTag accounts

According to the FAQs, no further funding or top-ups will be allowed in the FASTags issued by Paytm Payments Bank after March 15

Qatar Airways plans 150 widebody orders from Boeing, Airbus; eyes expansion

Major airlines are in a race to procure new fuel-efficient widebody jets to keep operating costs down and to cater to booming international travel demand

Apple reaches $490 mn settlement over CEO Tim Cook's China sales comments

It stemmed from Apple's unexpected announcement on Jan. 2, 2019 that the iPhone maker would slash its quarterly revenue forecast by up to $9 billion, blaming U.S.-China trade tensions

Gulf airlines have cheap oil but Air India has software talent: CDTO

Ramaswamy said the airline will be launching a unified employee portal 'myAI' to perform all employee service activities in one place

Indian Oil Corporation appoints Rashmi Govil as Director, Human Resources

Prior to her appointment as Director (HR), she was serving as Executive Director (HRD & Employee Relations) at the company's corporate office

CCI terms Google's Users Choice Billing system unfair, orders probe

CCI has asked the director general to complete the investigation and submit a report within 60 days

NHPC bags 200 MW solar project in Khavda Renewable Energy Park in Gujarat

The e-reverse auction for the project was conducted by GUVNL (Gujarat Urja Vikas Nigam) on March 2, 2024 and the Letter of Intent was issued on March 14, 2024, a company statement said

LTTS bags Rs 800 cr project from Maha govt to set up cybersecurity hub

He added that the deal will set the stage for LTTS to scale its offerings for its global clientele as well

Paytm gets 5 handles to continue UPI transactions, existing one to continue

The company's existing handle @paytm is among the five handles that users can continue using without the need to make any changes at their end

Eris buys India formulation biz of Biocon Biologics for Rs 1,242 crore

The deal would enable Eris' entry into the Rs 3k cr injectables market, and it would become one of major players in the insulins segment with the acquisition of Biocon Biologic's Basalog and Insugen