Page 932 - Company News

NCLT orders Mehul Choksi-promoted Gitanjali Gems' liquidation under IBC law

The bench also appointed Santanu T Ray as the liquidator, who will complete the liquidation process as per the provisions of the IBC, 2016, according to an NCLT order, filed on BSE

Meta doubling down on WhatsApp Business in India, says MD Devanathan

The company also enabled payment options within the chats from different platforms apart from its own. These platforms include UPI apps, debit and credit cards, among others

RenewSys to set up PV modules, cell manufacturing units in Telangana

The MoU was signed in the presence of state IT and Industries Minister D Sridhar Babu in the factory premises at Fab City in Maheshwaram on city outskirts

Deepak Fertilisers ties up with Norway's Equinor for long-term LNG supply

This end-to-end tie-up shall establish a strong long-term foundation for all of DFPCL's product segments

Whirlpool set to sell 24% of India stake for up to $451 mn via market deals

Goldman Sachs is advising Whirlpool on the deal, the term sheet showed. Goldman and Whirlpool did not immediately respond to requests for comment

Finolex Cables to double optic fibre cable capacity for Rs 580 cr capital

This expansion initiative encompasses installation of fibre draw towers and the implementation of backward integration for producing glass pre-forms, crucial in the fibre drawing process

Coal India to bid for 3 mines in critical minerals auctions in February

The world's largest miner has also visited lithium mines in Australia and is in preliminary talks about operating them, Chairman said

Mitsubishi Corp to acquire 32% stake in TVS Vehicle Mobility for Rs 300 cr

TVS Mobility holds dealerships of major companies like Ashok Leyland, Honda, Mahindra and Renault among others, mainly in states like Tamil Nadu, Kerala, Karnataka, AP, Telangana and MP

MCA, Meta to curb AI-generated misinformation with WhatsApp helpline

The pledge to crack down on deepfakes comes at a time when the world's largest democracy is preparing for general elections

Plan to launch 'high-end luxury' models from this year, says China's BYD

BYD's Shenzhen-listed shares closed up 1.3% on Monday after stock trade resumed following the Lunar New Year holidays, while its Hong Kong-listed shares slipped 1.9%

Arvind SmartSpaces sells 220 residential plots in Bengaluru for Rs 160 cr

Built on around 120-year old legacy of the Lalbhai Group, and established in 2008, Ahmedabad-based Arvind SmartSpaces is one of the leading real estate firms in the country

This brand beat Titan to lead as India's luxury goods maker on top 100 list

Deloitte's Global Powers of Luxury Goods rankings 2023 featured six Indian brands on the list of top 100 luxury goods makers globally

ITDC looking for new biz opportunities, strengthening regional offices: MD

The company which offers hospitality, travel and tour, events and engineering related consultancy services, plans to strengthen its offices in Mumbai, Chennai and Kolkata

Prime Video, Sony Pictures launch add-on service Stream at Rs 399

Sony Pictures Stream will offer SPE's movies and show on Prime Video Channels and its subscribers for an add-on introductory annual subscription of Rs 399

At $365 billion, Tata Group's market cap more than Pakistan's economy

The market capitalisation of Tata Group stood at $365 billion, while the IMF estimated Pakistan's GDP to be almost $341 billion

Future Consumer defaults on payment of Rs 133 crore towards debentures

Future Consumer had sought deferment for payment of principal and interest amount due towards NCDs, the filing added

ED has not yet found forex breaches at Paytm Payments Bank: Report

Last week, India's Enforcement Directorate announced the investigation into overseas transactions by Paytm Payments Bank, a unit of One 97 Communications, popularly known as Paytm

Prime Video, Sony launch 'Sony Pictures - Stream' in India at Rs 399

Sony Pictures - Stream will include blockbuster movies, classics, and popular TV shows, all available through Prime Video Channels, curated for an Indian audience

Air India, Tata Advanced Systems to invest Rs 2,300 crore in Karnataka

Out of the total investment, Air India will invest Rs 1,300 crore to conduct maintenance, repairs, and overhaul of planes at the Bengaluru airport

Pure EV raises $8 mn from consortium of investors in latest funding round

"We will be rapidly expanding our pan-India sales network from 140 to 300 dealers in the next six months," Pure EV Co-Founder & CEO Rohit Vadera stated