Page 28 - Companies News
Jio launches plan at Rs 198 per month for fixed broadband services
The company has also provided an option to upgrade the internet speed to 30 mbps or 100 for 1 to 7 days by paying in the range of Rs 21 to Rs 152
Bullish on Indian market, continuing to invest via partners: Coca-Cola
India's rapid progress in infrastructure, electrification and digitisation offer a long runway ahead for the economy to grow and it fosters confidence, he said at a media round table here
 "Bullish on Indian market, continuing to invest via partners: Coca-Cola")
IFC picks up green bonds worth $50 million from Tata Cleantech Capital
Tata Cleantech Capital, the green funding arm of Tata Capital, said its equity partner International Finance Corporation has picked up its sustainability-linked bonds worth $50 million
 "IFC picks up green bonds worth $50 million from Tata Cleantech Capital")
Larsen & Toubro arm bags new large orders in domestic, overseas markets
As per company's classification, orders ranging between Rs 2,500 crore and Rs 5,000 crore fall in the category of large orders
 "Larsen & Toubro arm bags new large orders in domestic, overseas markets")
Reliance Capital lenders to go for 2nd auction on Apr 4 to maximise return
For a fresh round of bidding, CoC decided to set the base bid at Rs 9,500 crore on a Net Present Value basis, with a minimum cash component of Rs 8,000 crore
 "Reliance Capital lenders to go for 2nd auction on Apr 4 to maximise return")
CoC of Reliance Capital decides to hold a second auction on April 4
The decision to hold a second auction was decided on Monday in a formal meeting of the CoC
 "CoC of Reliance Capital decides to hold a second auction on April 4")
Aditya Birla Capital to sell insurance broking business to Edme Services
The purchaser is part of the Samara Capital Group and an affiliate of Samara Alternate Investment Fund, it added
 "Aditya Birla Capital to sell insurance broking business to Edme Services")
Sun Pharma may incur revenue loss for ransomware incident on March 2
Sun Pharma Advanced Research Company may incur expenses in connection with incident; India was the second most attacked country for ransomware in the APAC-Japan region in 2022
 "Sun Pharma may incur revenue loss for ransomware incident on March 2")
Viacom18 likely to score more than Disney Star in IPL ad revenue game
Media planners expect Viacom18 to mop up over Rs 2,000 crore in advertising revenues
 "Viacom18 likely to score more than Disney Star in IPL ad revenue game")
Paytm Wallet now universally acceptable on all UPI QRs, online merchants
Homegrown Paytm Payments Bank, the largest issuer of KYC wallets (prepaid instruments) with over 100 million users, on Monday announced that its full KYC wallet customers will be able to make payments
 "Paytm Wallet now universally acceptable on all UPI QRs, online merchants")
NDTV appoints ex-Sebi chief UK Sinha, Welspun CEO as independent directors
Adani group-owned NDTV Ltd on Monday said it has appointed former Sebi Chairman Upendra Kumar Sinha and Welspun India Ltd CEO and MD Dipali Goenka as Independent Directors
 "NDTV appoints ex-Sebi chief UK Sinha, Welspun CEO as independent directors")
Shree Cement to procure cow dung for green energy in Chhattisgarh
Shree Cement is the first company to purchase cow dung that the state government has been procuring under its scheme of the Godhan Nyay Yojana
 "Shree Cement to procure cow dung for green energy in Chhattisgarh")
Inox Air Products to set air separation unit at Hazira AMNS steel plant
Inox Air Products said it will set an air separation unit -- a plant that separates oxygen and nitrogen from atmospheric gases -- at steel maker AMNS's plant located at Hazira in Gujarat
 "Inox Air Products to set air separation unit at Hazira AMNS steel plant")
Competition Commission clears proposed JM Baxi Ports deal with HAL
The acquiring entity has been set up to serve as a strategic/investment holding company for the port terminal business of HLAG
 "Competition Commission clears proposed JM Baxi Ports deal with HAL")
SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs
Under the partnership, SUN Mobility will provide its battery swap solutions for last-mile deliveries with the initial fleet deployment to start in the National Capital
 "SUN Mobility to power 50k e two-wheelers of Zomato's fleet over next 2 yrs")
Gentari signs pact with Tata Motors for 5,000 e-commercial vehicles
Clean energy solutions provider Gentari on Monday said it has signed an agreement with Tata Motors for the delivery of 5,000 units of e-commercial vehicles
 "Gentari signs pact with Tata Motors for 5,000 e-commercial vehicles")
No mass layoffs are happening at company: Chief People Officer, Flipkart
Flipkart's decision to not offer hikes to senior management officials would not lead to any job cuts, said Krishna Raghavan, Chief People Officer, Flipkart
 "No mass layoffs are happening at company: Chief People Officer, Flipkart")
All 10 Adani group firms end lower; Adani Power, Adani Transmission down 5%
All the ten listed firms of the Adani group ended the day in the negative territory on Monday, with Adani Power, Adani Transmission, Adani Wilmar and Adani Total Gas falling nearly 5 per cent each
 "All 10 Adani group firms end lower; Adani Power, Adani Transmission down 5%")
Mamaearth IPO in the works, engaged with regulators: CEO Varun Alagh
The firm's annual profit was Rs 14 crore the last year
 "Mamaearth IPO in the works, engaged with regulators: CEO Varun Alagh")
Less need for capital or headwinds? OYO plans to cut IPO size by two-thirds
Agarwal projects 19% jump in FY23 revenue to Rs 5,700 crore
 "Less need for capital or headwinds? OYO plans to cut IPO size by two-thirds")
