Page 934 - Company News

Pernod Ricard's H1FY24 sales in Indian mkt up 4%, expects high growth in H2

French spirit maker Pernod Ricard has reported a 4 per growth in sales in the Indian market during the first half of the current financial year.

Bandhan Bank authorised to collect revenues on behalf of West Bengal govt

Private lender Bandhan Bank on Saturday said that it has been authorised by the West Bengal government to collect tax and non-tax receipts on its behalf

Budget carrier SpiceJet's MD Ajay Singh submits bid for bankrupt Go First

SpiceJet shares closed 11.3% higher on Friday

Blackstone likely to acquire Carlyle stake in Bharti data centre arm

Bharti data centre valued at Rs 10,000 cr

It is not about EV vs hybrid but reducing emission: Maruti's RC Bhargava

Maruti Suzuki chairman said electrification may not lead to reduced carbon emission

Mahindra partners with Volkswagen to get electric components, battery cells

Mahindra plans to use certain platform components, as well as Volkswagen's unified battery cell, for its own electric platform, called INGLO, the companies said

We will find another opportunity in India post Zee merger collapse: Sony

In an earnings call, Hiroki Totoki, president, COO & CFO of Sony said India is a very appealing market where it would continue to invest

Workers at Apple supplier Flex's Tamil Nadu plant stage one-day strike

Many electronics manufacturers in India, including Foxconn and Pegatron, lack a union, while automobile factories have higher levels of organising, according to labour welfare workers

HC grants interim bail to Lava MD Hari Om Rai in money laundering case

The Delhi High Court on Friday granted interim bail for three months to Hari Om Rai, MD of Lava International mobile company, in a money laundering case involving smartphone maker Vivo.

A breather for Paytm Payments Bank? What RBI's FAQs for customers indicate

The company is shifting its nodal account to Axis Bank to continue merchant settlements

RBI extends deadline for Paytm Payments Bank restrictions to March 15

Merchants can accept payment if account linked to other banks

Novartis announces strategic review of Novartis India Limited

The strategic review will include an assessment of the 70.68 per cent shareholding of Novartis AG in the company, the drug firm said in a statement

Delhi High Court refuses to hear ADIF, IBDF pleas over CCI's inaction

Both ADIF and IBDF had moved the court alleging that the CCI had not heard their case against Google's billing policy since July 2023

DGCA issues notice to A-I over incident involving 80-year-old passenger

The Directorate General of Civil Aviation (DGCA) had sought a report from Air India on the incident

Akasa Air to operate first international flight to Doha on March 28

Currently, 68 flights per week are operated by four carriers between Mumbai and Doha

JSW to invest Rs 65,000 cr for integrated steel complex in Odisha

Plant will also have a captive power plant, cement manufacturing unit, township, jetties

Legal views split on disclosure of political donations by India Inc

Before the amendment the Act required a company to disclose any amount contributed to any political party along with the particulars of the amount donated and the name of the receiving party

Paytm shifts nodal account to Axis Bank for seamless transactions

Paytm QR, soundbox, card machine will continue to work as always, said One97 Communications

LIC launches a non-participating product 'Amritbaal' for children

The Minimum Sum Assured is Rs. 2,00,000, with no limit for the Maximum Basic Sum Assured

CRISIL Q4 results: Profit jumps 33% to Rs 210 cr on back of currency gains

The company also announced a final dividend of Rs 28/share, taking the total dividend for the year to Rs 54/share against Rs 48 in the previous year