Company News

Akasa Air expects to add more planes to its fleet by March 2025: CEO

Amid concerns in certain quarters about virtual duopoly in the Indian aviation market, Akasa Air chief said the airline does not have the luxury of being concerned by things that it does not control

Canon eyes chip fabrication in India, in talks for lithography machine

Besides its core business of imaging, printing, and surveillance, Canon India is also trying to make its presence in fields like semiconductors, flat panel display business, and the medical industry

IndiGo launches daily direct flights between Chennai and Penang in Malaysia

The new route caters to the growing demand for travel between the two cities, offering both business and leisure travellers a convenient and affordable option

Andhra, PhysicsWallah ink Rs 1,000 cr deal to set up varsity of innovation

The UoI is set to emerge as the first institute of eminence in the state and aligns with Chief Minister N Chandrababu Naidu's aim to provide the state's youth with education in AI, other technology

Shriram Finance consolidate green finance biz under Shriram Green Finance

Building on its existing expertise in financing electric vehicles, Shriram Green Finance will provide sharper focus and clarity to its sustainability efforts

Tata Steel Netherlands faces fines of almost 27 mn euros over emissions

Tata Steel Netherlands will face fines of almost €27 million ($28 million) if it doesn't take measures at its coke plaBy Charlotte Hughes-Morgan

SC reverses NCLAT order, restores claims of 4 lenders of Reliance Infratel

During the insolvency process, the resolution professional had admitted the claims of these four entities as lenders

Carraro India's IPO worth Rs 1,250 cr subscribed 9% on day one of listing

Carraro India's initial public offer got subscribed 9 per cent on the first day of share sale on Friday.

Tourist hotspots have appetite for more offerings, says IHCL CEO & MD

IHCL's plans two offerings in Bahrain, Saudi Arabia each

RBI imposes fine on Manappuram Finance, IndusInd Bank over non-compliance

The statutory inspection of the companies was conducted by the RBI with reference to their financial position as of March 31, 2023

S-P Global upgrades Vedanta's rating from B- to B with stable outlook

VRL's focus on deleveraging has reduced debt by USD 4.7 billion in the past two years, Chairman Anil Agarwal said in a letter to shareholders in November this year

Bombay HC dismisses Seclink's plea challenging Dharavi revamp project award

The petitioner, SecLink Technologies Corporation, was the 'preferred bidder' in the first round of bidding, which was later scrapped

DGTR initiates probe into 'steel flat product' imports amid concerns

As part of the investigation, the directorate would determine whether unforeseen developments have resulted in a sudden, sharp and significant increase in imports in recent periods

Bajaj Auto's Chetak 35-Series exports may start within six months

More variants of the e-scooter, targeting delivery executives, likely soon

Kia unveils subcompact SUV Syros, launch in Jan at Bharat Mobility Expo

Kia Syros's design is inspired by the Korean automaker's global models Kia EV9 and Kia Telluride

B2B payments firm Infibeam Avenues to roll out RediffPay after NPCI nod

This is the first step in the company's foray into consumer facing businesses

Competition Commission clears over Rs 7,000 cr UltraTech-India Cements deal

The Adani group has plans in the works to raise its production capacity to 140 MTPA by FY28, just a shade below market leader UltraTech's current capacity of 156.66 MTPA of grey cement

Skoda Octavia RS: 261 BHP powerhouse to debut at Bharat Mobility Expo 2025

One of the highly anticipated models making its India debut at the Bharat Mobility Expo 2025 is the new Skoda Octavia RS alongside the new Skoda Kodiaq SUV

Bihar attracts investment proposals of Rs 1.8 trn at global investors' meet

As many as 57 MoUs were signed in general manufacturing for Rs 55,888 crore, followed by food processing sector Rs 13,663 crore in 70 units. Sun Petrochemicals , Adani Group were among top bidders

Tata DDL partners with Baaz Bikes to set up EV battery swapping stations

Tata Power Delhi Distribution on Friday said it has joined hands with Baaz Bikes for augmenting and setting up of electric vehicle battery swapping stations across North and Northwest Delhi.