Page 17 - Companies News

IRB Infrastructure Trust lists on National Stock Exchange after Sebi's nod

IRB Infrastructure Trust, a privately placed infrastructure investment trust (InvIT) sponsored by IRB Infrastructure Developers Ltd, on Monday listed on the National Stock Exchange

Standard Chartered closes operating lease of 5 aircraft with Akasa Air

Akasa Air, which started operations on August 7 last year, had 19 Boeing 737MAX8 in the fleet as of March 25, according to an aircraft fleet tracking website

SpiceJet completes SpiceXpress hive off, results in gain of Rs 2,555 cr

As per the airline, the hive off would strengthen SpiceJet's balance sheet, wipe out a substantial portion of the company's negative net worth and unlock significant value for the company and its shar

Israel's former envoy to India appointed chairman of Adani's Haifa port

Malka served as the ambassador of Israel to India from 2018 to 2021

Wabtec Corp plans to make Bihar factory into an export-oriented unit

A strong order book of around $1.5 billion itself is proof of Wabtec's growing strength in the Indian rail sector

Housing finance company Aviom raises $30 million in a funding round

The company provides loans in the range of Rs 1-5 lakh for house construction, extension, and renovation. It has a network of 120 branches in 12 states

IPL 2023: Digital viewers on opening weekend top total viewership in 2022

The average time spent per viewer per match was 57 minutes, which was 60% higher than the average viewer per match during the opening weekend of last season

HSBC Holdings brushes aside Hong Kong investor's Asia spin-off proposal

The comment came as Ken Lui, an individual HSBC shareholder and leader of a Hong Kong-based investor group, called for the break up of the bank

Zoho expands regional outreach, will open hub offices in Tamil Nadu, UP

CEO Sridhar Vembu says company wants to create 'economically prosperous rural communities' through its offices

India Inc's credit quality outlook positive for FY24, say Crisil and Icra

Interest rate hikes, global slowdown, stubborn inflation pose risk

Indian firms must focus on skilling workforce, flexibility. HR survey

50% organisations don't have clarity on skills their employees will need in future, it says

Shortage of electronic parts may affect production in FY24: Maruti Suzuki

Firm has already posted a 5.6 per cent dip in March even as it says it took all possible measures to minimise the impact

India Inc's key credit ratio moderated sharply in 2nd half of FY23: Crisil

India Inc's key credit ratios moderated sharply in the second half of FY23 on expected lines and are likely to go down further, Crisil Ratings said on Monday, maintaining that upgrades will continue

Mahindra records 21% rise in total sales to 66,091 units in March

Mahindra & Mahindra (M&M) on Monday said its total sales increased by 21 per cent year-on-year to 66,091 units in March

Reliance Capital second auction starts Tuesday amid Torrent litigation

Lenders have fixed Rs 9,000 crore as floor price for selling assets of bankrupt firm

Corporate India recognises need for flexibility, skilled workforce: Study

A significant percentage of organisations understand the current skills and development needs of their employees and are providing access to upskilling or reskilling opportunities

SAIL produces record 18.28 MT crude steel; 19.40 MT hot metal in FY23

In a statement, the Steel Authority of India (SAIL) said it has achieved the best-ever annual production during FY23

VE Commercial Vehicles posts 35.2% rise in sales at 11,906 units in March

Domestic sales of Eicher branded trucks and buses were at 11,263 units, while that of Volvo Trucks and buses posted sales of 229 units

Zoho expands rural initiatives, opens new hub offices, schooling centres

Zoho's investments in rural areas will focus on nurturing local talent, building deep-tech capabilities, promoting organic farming and powering overall community development

Renesas exploring local production of chipset in partnership with TCS

Renesas gets most of its semiconductor made through third party electronic chip plants which are then processed into System on Chip (SoC)