Page 946 - Company News

NCLT extends deadline for Go First's insolvency for another 60 days

The three parties who have expressed interest in the airline are expected to submit their resolution plan for the airline's revival by February 15

Edtech unicorn Emeritus: Now a case study by Harvard Business School

The case study follows the journey of Damera, an HBS alumnus, and Kalipatnapu, an alumnus of INSEAD, who shared a dream of making societal impact by bringing access to high-quality education

Aircraft engine maker Pratt & Whitney establishes R&D centre in Bengaluru

IDCC will facilitate close collaboration with other RTX (Raytheon) businesses in India, including Collins Aerospace and RTX Enterprise Services

Adani-Hindenburg case: Plea filed in SC seeks review of Jan 3 verdict

The court had directed the markets regulator to complete its probe within three months

Govt negotiating with Gail to employ 34 people troubled by JBF crisis

He was replying to a question by Congress member Manjunath Bhandari. The minister said that talks will be held again with top officials of GAIL

Wipro acquires Aggne for $66 mn to boost capabilities in insurance sector

Founded in 2019, Aggne is incorporated in the US and India, with offices in Tampa, Florida, and Hyderabad, India. The company has 230 employees based in India and the United States

Walmart procured goods worth $30 bn from India in 20 yrs for global ops

Now the Bentonville-headquartered firm has goal to triple its sourcing of goods from India up to worth $10 billion per year by 2027, said Walmart Inc Executive Vice President, Sourcing Andrea Albrigt

Hartek Power secures substantial Rs 113 crore order from state-owned SJVN

The project entails developing, implementing, and maintaining a 75 MW (AC) grid-connected solar PV power plant, along with a 132 kV sub-station, Hartek Power said in a statement

Adani-Hindenburg row: Plea filed in SC seeks review of January 3 verdict

In its verdict, the apex court had noted the SEBI has completed its investigation in 22 out of the 24 matters where allegations had been levelled against the Adani Group

Trade unions have called for one day strike on February 16, says CIL

In a regulatory filing, the company said the trade unions have called for the strike but did not disclose the reason for the proposed strike

NCLT extends deadline for Go First's insolvency for another 60 days

The National Company Law Tribunal on Tuesday extended the deadline for another 60 days to complete the resolution process of grounded airline Go First

68% Indian companies intend to hire freshers in first half of 2024: Report

The intent to hire freshers in India has increased as compared to last year: TeamLease EdTech report

Colliers to construct Infibeam Avenues' $10 mn AI, tech hub in Ahmedabad

The AI hub will be established within GIFT City, Gujarat, with the Ahmedabad campus serving as an extension, slated to be operational within 18 months

JSW Steel forms JV with Japanese firm to produce steel variety in India

New company will be set up with a planned investment of Rs 5500 cr

Infrastructure major L&T bags 'significant' orders in Middle East

Infrastructure major Larsen & Toubro (L&T) on Tuesday said that its hydrocarbon division has bagged "significant orders" from a client in the Middle East

IT services provider LTIMindtree grooming two insiders for CEO job

Chief Operating Officer Nachiket Deshpande and President Sudhir Chaturvedi are the front-runners for the role

Ashok Leyland's shareholding in UK-based Optare Plc increases to 92.59%

In November last year, Ashok Leyland announced that it would invest Rs 1,200 crore in its electric vehicle arm Switch Mobility, through Optare Plc

To break glass ceiling', Tata Steel invites applications from transgenders

Tata Steel has taken a "significant step towards promoting inclusivity" by inviting applications from transgender candidates for various positions across multiple locations

Paytm Bank's independent director resigned due to personal reason: Paytm

She resigned from PPBL a day after RBI issued an order to Paytm Payments Bank to stop accepting deposits

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes

The Chinese company, however, had sold its stake worth Rs 8,293 crore in three tranches over the one year thus saving a major part of its portfolio from the meltdown