Page 41 - Companies News

Air traffic to grow 20% in FY24 as Indian carriers add 132 aircraft: Report

Turbine fuel cost and declining yields to put pressure on airlines, says CAPA India

Coal India has strong case to increase prices, talks on: CMD Agrawal

Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision

DMRC-RInfra controversy shows potential glitches in framing PPP contracts

The Public Private Partnership Appraisal Committee has cleared 79 projects with a total project cost of Rs 227,268.1 crore from FY15 to FY23, noted the latest Economic Survey

Ceat's Anant Goenka resigns to focus on group; Arnab Banerjee to take over

Tyre maker Ceat Ltd on Monday said its Managing Director and CEO Anant Goenka has resigned to focus on group activities and has been named as its Vice Chairman

Bisleri will be 'a business run by professionals': Chairman Ramesh Chauhan

Chauhan told Business Standard that Angelo Dias, CEO at the company, is running the business and that he was no longer looking to sell a majority stake in the company

M&M buys out VC firm Omnivore's stake to acquire agri-tech firm MITRA

Deal size not disclosed, will make MITRA a wholly-owned subsidiary of M&M; is in sync with Mahindra's plan to grow revenues from farm machinery 10 fold in next five years

NTPC signs agreement with IOCL to set up renewable energy projects

The JV agreement was signed in the presence of Gurdeep Singh, Chairman and Managing Director of NTPC Limited and Shrikant Madhav Vaidya, Chairman of IOCL, among others

SC refuses to stay NCLAT's order on second round of RCap auction

COC to meet today, second auction likely to be held on March 29, say lawyers privy to the matter

Metal stocks: A buying opportunity for traders or a deeper fall?

Multiple factors such as containing the global banking crises and China reopening will determine how rocky or smooth is the road ahead

CAPA summit: Airlines fly into crew, aircraft shortages as demand takes off

Air India cuts flights to US amid non-availability of flight attendants, IndiGo continues to wait for engines

JPMorgan CEO leading talks for new First Republic rescue plan: Report

A spokesperson for First Republic pointed to an earlier statement where the bank said it was "well-positioned to manage short-term deposit activity"

UBS needs RBI approval to operate Credit Suisse as a bank in India

This is because UBS had surrendered its bank licence about a decade back after the banking regulator denied its request to offer wealth management services

737 Max's grounding was bigger disaster for us than Covid: SpiceJet CMD

Ajay Singh said that after the Covid outbreak, SpiceJet was relatively weaker than other Indian carriers

Akasa's focus to remain on connecting metros to non-metros, says CEO

The airline is already considering placing another aircraft order

India can play leading role in sustainable aviation fuel: Akasa's Ghosh

There is a gap of around $350 million in terms of funding between traditional aviation fuel and 10% blended fuel, he said

SBI MF schemes buy 2.2% stake worth Rs 757 cr in HDFC AMC in open market

US-based investment firm GQG Partners offloads 1.16% holding; shares exchanged at average price of Rs 1,600 each

Amazon to cut 9,000 jobs in second round of layoffs, says report

Amazon said it is laying off 9,000 more employees in the next few weeks, mostly in AWS, advertising and Twitch, according to media reports

No plans to sell Bisleri: Ramesh Chauhan after Tata calls off negotiations

Ramesh Chauhan said he has no plans to sell his packaged water business Bisleri International and is not in talks with any parties for the same, after Tata Consumer Products Ltd called off negotiation

Carborundum Universal partners DRDO for 'ceramic radome' technology

CUMI is one of India's first companies to produce the wonder material graphene for aerospace and defence applications

17 scheduled airlines in country, DGCA issues 718 Air Operator Certificate

There are 17 scheduled airlines operating in India while the number of aircrafts endorsed by the aviation regulator DGCA on the Air Operator Certificate (AOC) is 718.