Page 1505 - Company News

Power Finance Corp board approves plans to raise Rs 80,000 cr in FY24

State-owned Power Finance Corporation (PFC) on Tuesday said its board has approved raising up to Rs 80,000 crore through various financial instruments

Coal, crude oil spike lead port cargo charge in FY23, shows govt data

Growth in bulk segments, but grey clouds hover over container cargo

Air India's expansion plans stir tension over airline flying rights

Tensions over plans to transform AI into a global airline with hundreds of new jets rippled across aviation sector as foreign carriers clamoured for more access to the world's fastest-growing economy

Finolex Cables expects to more than double turnover to Rs 11,000 cr

Finolex Cables, which leads the electrical and communication cables segments, hopes to net Rs 500 crore in revenue from each of the five fast-moving consumer electrical segments it recently entered

ADP merger likely to give wings to GMR Airports Infrastructure stock

Current fair value of Rs 48-Rs 50 indicates room for upside

Snapdeal starts taking orders on ONDC, sees demand for smaller cities

Company says it's only e-commerce platform to fintegrate its buyer and seller platforms on platform

Mondelez ups India bet, to invest Rs 4,000 crore in next three years

The chocolate maker will expand capacity at its manufacturing facilities, build more warehousing capacity, and augment cold-chain facilities

Benchmark indices rebound on global trends, buying in Reliance Industries

Nifty jumps over 100 points to close past 17,100

US, Europe banking woes likely to hit Indian IT companies' growth

Indian IT players like TCS, Infosys, Wipro, HCL Technologies, Mphasis, and LTIMindtree have exposure to some of the troubled banks

HZL to pay Rs 10,990-crore interim dividend at 1,300% of face value

The Rajasthan-based miner will pay an interim dividend of 26 rupees per share, according to an exchange filing Tuesday

'Very vexing': Emirates president on bilateral rights being frozen

At the CAPA India Aviation Summit 2023, Clark stated that the Indian market will grow, and there will be pressure on airlines that operate international flights from India

Honda to launch new car every year till 2028 in Indian market

Kunal Behl, VP, Honda Cars India said that there are also plans to re-launch an SUV in the first half of the next fiscal year to ride on the booming segment in the country

Merlin Group plans to develop a World Trade Center in Kolkata

The oldest World Trade Center in India is in Mumbai. There are Centers in Bangalore, Chennai, New Delhi, Noida, Pune, among others

Turkish Airlines wants additional traffic rights to IndiGo: CEO Bilal Eksi

Such a unilateral increase in traffic rights will be unique to Turkiye and may also receive a nod from the Indian government

Tata Motors to raise prices of commercial vehicles by 5% from April

This would be the fourth price hike by India's largest automobile maker this fiscal year

Tata Motors announces hikes in commercial vehicle prices by 5% from April 1

Tata Motors on Tuesday announced increasing the prices of commercial vehicles by up to 5 per cent from April 1

Hackers targeted Microsoft, Google, Apple via zero-day exploitation in 2022

Researchers have tracked 55 zero-day vulnerabilities that were exploited in 2022 by the hackers, most targeting Microsoft, Google and Apple products, a new report has shown.

NTPC arm signs pact with Indian Army for setting up green hydrogen plants

NTPC Renewable Energy Ltd (NTPC REL), an arm of NTPC Ltd, has signed an agreement with the Indian Army for the implementation of green hydrogen projects in armed forces establishments

Rs 8,000-crore Foxconn project receives Karnataka govt's approval

A total of 18 projects worth Rs 75,394 cr sanctioned

Domestic expected to see double digit growth in FY24: JK Tyre MD

Domestic tyre industry expected to witness double-digit growth next fiscal with the automobile industry back on full swing, JK Tyre Chairman and Managing Director Raghupati Singhania said on Tuesday