Page 927 - Company News

Sebi to question Subhash Chandra, Punit Goenka on fund diversion: Report

This comes just a day after media reports suggested that Sebi has found an accounting 'hole' of Rs 2,000 crore in Zee's books

HCLTech, Intel Foundry expand collaboration for semiconductor innovation

The collaboration aims to meet increasing global demand for semiconductor manufacturing, catering to the diverse silicon needs of clients

ED seeks look out circular against Byju Raveendran amid ongoing probes

Enforcement Directorate has urged the Bureau of Immigration for renewed travel restrictions to safeguard investor interests in the Byju's FEMA violation probe

Can't be oblivious to community's concerns: SC to Sterlite Copper

The court had said on February 14 that a panel of domain experts may be set up to inspect the closed plant, suggest further compliance of green norms, and the way forward

NBCC gets nod from Greater Noida Authority to build five Amrapali projects

The approval is for the development of unused and purchasable floor area ratio (FAR) "in furtherance of existing projects of Amrapali valuing approximately Rs 10,000 crore," the company said

NCLAT declines to interfere with Jaypee Infratech resolution plan

The NCLT last year on March 7 approved Suraksha Realty's takeover of the debt-laden Jaypee Infratech dismissing three different appeals against the Rs 7,936 crore offer by the Mumbai-based company

DRI initiates inquiry against Maruti Suzuki over incorrect HSN code

In a regulatory filing, Maruti Suzuki India said it has received a communication regarding the inquiry from the Directorate of Revenue Intelligence (DRI), Hyderabad Zonal Unit, on February 20, 2024

Ambuja Cements to invest Rs 1,000 cr to set up grinding plant in Jharkhand

The new 4 Million Tonne Per Annum (MTPA) cement grinding unit would be set up after requisite approvals, Ambuja Cements Ltd (ACL) said in a statement

AI model backed by Mukesh Ambani's Reliance Industries to launch in March

The BharatGPT group, encompassing an arm of India's most valuable company and eight affiliated universities, offered a sneak peek of the large language model Tuesday

SBI becomes 5th most valuable firm in terms of mcap, surpasses Infosys

The scrip of the state-owned company gained 1.51 per cent to close at Rs 771.55 apiece on the BSE

Tata Capital seeks shareholders' nod on related party deals with Tata Steel

RPTs with Tata Steel to rise to Rs 12,000 cr

JSW Steel plans to borrow $750 mn loan to meet capital expenditure needs

JSW Steel Ltd., part of the $23 billion JSW Group, is sounding out lenders and a mandate is likely in the coming days, the people said, asking not to be identified as the information is private

Mystery thickens in Zee fund diversion case amid reports of accounting hole

Stock tanks 14% amid reports of 10x fund diversion; Sebi final order expected by mid-April

PE firm CVC Capital raises $6.8 bn, plans to invest in Indian companies

The funds raised in the latest round saw a strong demand from new and returning blue chip investors enabling it to exceed the $6 billion target and original hard cap of $6.5 billion

Jubilant FoodWorks expects Popeye to be Rs 1,000 cr brand in next 3-4 years

As far as demand is concerned, Pande believes that it is cyclical and demand will revive for the QSR industry

LTIMindtree & Eurolife FFH partner to setup GenAl hubs in Europe, India

As a part of the partnership, Eurolife FFH will set up GenAI and Digital Hub in Athens to develop solutions for its insurance businesses in Greece

HSBC posts 25% rise in profit from India operations to $1.5 bn in 2023

The bank, which follows the calendar year as its fiscal, had earned a profit of $1.2 billion in 2022, HSBC said in its annual report for 2023

Rera fines developer Rs 25 lakh for misleading ad on DDJAY project

Yashvi Homes is developing the DDJAY residential project -- Golden gate Residency -- at Sector 3, Farukhnagar, Gurugram

A-I enters into 12-yr pact with SIA Engineering Co for A320 family planes

"Under this 12-year agreement, Air India Group's current fleet of Airbus A320 family aircraft will receive extensive component support coverage from SIAEC

Court issues summons to brewery, its MD, 8 others in money laundering case

The Enforcement Directorate (ED) initiated a money laundering investigation on the basis of cheating and forgery cases registered against Shinde and others by police at Kolhapur and Pune