Page 999 - Company News

IIFCL plans to garner Rs 2,000 crore via maiden green bonds in 6 months

The state-owned infrastructure financier said it is exploring options of yen-denominated green bonds, he said, adding, it may happen in this quarter or the first quarter of the next financial year

Indira IVF on global expansion spree, eyes overseas centre in Nepal first

This expansion is driven by a combination of factors, including the growing demand for IVF treatment in underserved markets and foreign customers coming in

Ambani says Reliance-Brookfield to open data centre in Chennai next week

The joint venture will start the 20-megawatt greenfield data centre in Chennai next week and has also acquired 2.15 acres of land in Mumbai to build another 40-MW data centre

Tata Electronics to sign deal worth over Rs 12,000 cr with TN govt: Report

Reports suggest that Tata Electronics is gearing up to invest Rs 7,000 crore in the expansion of its Hosur plant, spread over a six-year timeline

Payout by life insurers moderates in FY23 compared to previous year

During FY22, the year hit by Covid-19 wave, the insurance companies paid Rs 60,821.86 crore as death claims. This came down by Rs 19,000 crore to Rs 41,457 crore in 2022-23

Panasonic eyes double-digit growth in FY25, sees India as export hub

According to Sharma, India is currently witnessing a trend of premiumisation, where a consumer is not shying away from paying extra for having a better value product

Qualcomm expands presence in Chennai with proposed investment of Rs 177 cr

The new design centre is expected to generate jobs for up to 1,600 skilled professionals, contributing to the growth and development of Chennai's vibrant workforce, it said

Rise in auto loan interest rates could impact PV sales: Maruti Suzuki

We have reached a very high level of base, and on that base a continuous high growth may be a little difficult. We saw in 2021 the growth to be almost 27%, in 2022 it was 23%, says Srivastava

ONGC seeks premium over govt price for coal seam gas in Jharkhand

While the government sets price for two-thirds of the gas produced in the country, CBM gas enjoys pricing freedom where sellers are allowed to discover market rate

Dr Reddy's recalls 8,000 bottles of generic drug in US over packaging error

The Hyderabad-based drug major is recalling 8,280 bottles of Tacrolimus capsules from the US market for "presence of foreign tablets/capsules" in the affected lot

Probe alleged money siphoning by erstwhile promoters: Religare to ED

Multiple cases have been initiated towards the same and various agencies are investigating these transactions

VinFast to set up its first EV manufacturing unit worth $500 mn in India

Construction on the project's EV and battery manufacturing plants is expected to start this year and generate 3,000 to 3,500 jobs locally, the statement said

Canada-based Brookfield Asset Management to buy ATC India in $2 bn deal

Brookfield to become largest manager asset in India, beating Indus Towers

Albula Investment Fund sells Swan Energy's shares worth Rs 157 crore

Bandhan Mutual Fund (MF), Samco MF, BNP Paribas Arbitrage, Societe Generale, and Resonance Opportunities Fund, among others were the buyers of shares

Marico says Q3 revenue falls in low single digits on weaker rural demand

Marico, which operates in Bangladesh, Vietnam, the Middle East and Africa, also cited significant currency depreciation in select overseas geographies as the key factors behind the drop in revenue

The sound of music: Music creators in India fail to hit the right note

Publishing revenues - that is the money paid to authors, lyricist, composers - the people who actually make the music went up by 2.5 times

Govt probes DHL, FedEx, UPS for alleged collusion on discounts & tariffs

Competition Commission of India (CCI) has begun reviewing hundreds of thousands of emails as it investigates the fees companies charged for airport services

Apollo Hospitals plans to invest Rs 3,000 cr, add 2,000 beds in 3 years: MD

Free cash flows will enable health care chain to grow, says Suneeta Reddy

Distributors write to Hindustan Unilever, oppose margin structure

AICPDF asks HUL to restore old margin structure

Jupiter Wagons bags contract to make double-decker automobile carriers

These automobile carrier Wagons will be able to carry SUVs on the bottom and top deck and come with a number of advanced technologies like articulated bogies