Page 941 - Company News
Shoppers Stop plans to launch 10-15 new SS Beauty stores this year
The company, which operates 13 SS Beauty stores at the moment, plans to open 10-15 new medium-to-large format stores in the calendar year 2024
 "Shoppers Stop plans to launch 10-15 new SS Beauty stores this year")
SC proposes to inspect closed Vedanta group's copper plant in Tamil Nadu
The plant is closed since May 2018 after 13 people were killed as police opened fire to quell a protest over alleged pollution caused by it
 "SC proposes to inspect closed Vedanta group's copper plant in Tamil Nadu")
Automotive supplier ZF Group inaugurates new manufacturing unit in TN
With an Rs 1,800 crore project outlay, ZF plans to strengthen its manufacturing presence and expansion in India with investment realization by 2030
Tata Nexon secures 5-star rating in latest Global NCAP crash tests
Nexon received a score of 32.22 out of 34 points for adult occupant protection and 44.52 out of 49 points for child occupant protection
 "Tata Nexon secures 5-star rating in latest Global NCAP crash tests")
Defence ministry inks Rs 1,752 cr deal with AWEIL for remote control guns
This acquisition will provide further boost to the vision of "Aatmanirbharta in Defence", the ministry of defence said in a statement
 "Defence ministry inks Rs 1,752 cr deal with AWEIL for remote control guns")
BHEL bags order to set up 800 MW thermal power plant from Haryana
BHEL said it has executed central and state thermal utility projects of over 3,000 MW in Haryana
 "BHEL bags order to set up 800 MW thermal power plant from Haryana")
KPI Green Energy Q3 results: Net profit up 47% at Rs 50 cr, revenue doubles
It had clocked a net profit of Rs 34.45 crore in the year-ago period, the company said in an exchange filing
 "KPI Green Energy Q3 results: Net profit up 47% at Rs 50 cr, revenue doubles")
Ola sets up cab zone at Chennai int'l airport for airline passengers
The Ola Zone, similar to the cab services currently available at the airport, allows customers to book a ride at the Ola Zone to take up their local journey
 "Ola sets up cab zone at Chennai int'l airport for airline passengers")
Airtel's Nxtra to procure 140,208 MW renewable energy for data centres
Nxtra, the data centre unit of Bharti Airtel, on Wednesday announced an agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh (megawatt-hour) of renewable energy.
 "Airtel's Nxtra to procure 140,208 MW renewable energy for data centres")
CIAL, BPCL sign pact to set up first green hydrogen plant at Cochin airport
This collaborative effort will result in the world's first green hydrogen plant and fueling station located within an airport setting, CIAL said in a statement on Wednesday
 "CIAL, BPCL sign pact to set up first green hydrogen plant at Cochin airport")
ED starts preliminary probe into Paytm Payments Bank after RBI's decision
That comes two weeks after the country's central bank ordered Paytm's banking affiliate to wind down
 "ED starts preliminary probe into Paytm Payments Bank after RBI's decision")
TPREL, Tata Comm sign Rs 105 cr deal to set up captive solar project
Tata Power Renewable Energy Ltd (TPREL) has signed an agreement worth Rs 105 crore with Tata Communications to set up a 18.75 MW captive solar plant in Maharashtra
 "TPREL, Tata Comm sign Rs 105 cr deal to set up captive solar project")
Coal India to add new mines, expand existing ones to meet high demand
The miner plans to start operations at five new mines, with a combined annual capacity of 14.3 million tons, in the next fiscal year, Prasad said
 "Coal India to add new mines, expand existing ones to meet high demand")
Credit platform Yubi announces partnership with Axis Bank, Muthoot Microfin
Alliance will serve diverse sectors, with initial focus on microfinance institutions
 "Credit platform Yubi announces partnership with Axis Bank, Muthoot Microfin")
Hinduja nears Rs 4,000 cr borrowing deal for Reliance Capital acquisition
The group's acquisition is still pending court and regulatory approvals. If the transaction is successful, IIHL, along with other entities, will have a controlling stake in Reliance Capital
 "Hinduja nears Rs 4,000 cr borrowing deal for Reliance Capital acquisition")
Seeking a change of guard: Key investors likely to drag Byju's to NCLT
Earlier this month, these shareholders had issued a notice calling for an EGM to address "persistent issues", including a change in management
 "Seeking a change of guard: Key investors likely to drag Byju's to NCLT")
Adani Green Energy likely to raise $500 mn by tapping dollar bond market
Adani Green Energy recently completed the funding to redeem its $750 million bonds due in September, eight months before they mature
 "Adani Green Energy likely to raise $500 mn by tapping dollar bond market")
Adani Green starts generating power at Khavda renewable power plant
Adani Green said once the Khavda plant is fully operational, it will be able to generate 81 billion units of clean electricity
 "Adani Green starts generating power at Khavda renewable power plant")
Billionaire Birla's Hindalco Industries bids for critical minerals leases
India currently needs to import most critical minerals, and access to local mines is important for the growth of the electric vehicles market and the renewable-power sector.
 "Billionaire Birla's Hindalco Industries bids for critical minerals leases")
Agilus Diagnostics to withdraw DRHP filed with market regulator Sebi
The company added that making the necessary application to Sebi for withdrawal of the said DRHP immediately and may re-file with Sebi again for a proposed IPO in future
 "Agilus Diagnostics to withdraw DRHP filed with market regulator Sebi")