Page 43 - Companies News
JSPL gets nod to manufacture India's first fire-resistant steel structures
The new grade steel structures will help the nation to reduce dependence on imports, the company said
 "JSPL gets nod to manufacture India's first fire-resistant steel structures")
Hindenburg fallout: Adani suspends work on Rs 35K-cr petchem project
Adani Green Energy puts Rs 10,000-crore capex plan under review
 "Hindenburg fallout: Adani suspends work on Rs 35K-cr petchem project")
Top 10 most valued firms post Rs 2.09-trn loss in market capitalisation
Corporate major Reliance Industries' m-cap plunged Rs 67,722.33 crore to Rs 15,04,001.93 crore
 "Top 10 most valued firms post Rs 2.09-trn loss in market capitalisation")
In line with new govt rules, Reliance re-auctions gas from its KG-D6 block
Reliance Industries Ltd and its partner bp plc have re-launched an auction for sale of natural gas from their eastern offshore KG-D6 block
 "In line with new govt rules, Reliance re-auctions gas from its KG-D6 block")
Vaidyaratnam Group plans to double revenue to Rs 500 cr, IPO by 2030
The company recorded a revenue of Rs 220 crore, of which Rs 170 crore came in from products/medicines and the rest from services in FY22
 "Vaidyaratnam Group plans to double revenue to Rs 500 cr, IPO by 2030")
Pvt aviation soaring, JetSetGo to raise $50 mn to expand fleet: CEO
Compared to FY22, the number of business jet movements in India rose by 29.2 per cent to 306,388 in FY23, with each arrival or departure of a business jet being counted as a single "movement."
 "Pvt aviation soaring, JetSetGo to raise $50 mn to expand fleet: CEO")
HDFC twins' merger: RBI may take call on relaxations closer to date
HDFC Bank expects merger to be completed by July this year
 "HDFC twins' merger: RBI may take call on relaxations closer to date")
PM Mitra parks to boost India's $100 bn textile export goal, says industry
The parks, which are coming up in seven states, are expected to fuel investment once the global slowdown is over
 "PM Mitra parks to boost India's $100 bn textile export goal, says industry")
HUL bets on health and wellbeing space as sunrise market of the future
Its strategy follows the success parent Unilever had in the US in this segment, which it entered in 2017 through acquisitions alone
 "HUL bets on health and wellbeing space as sunrise market of the future")
NTPC plant in Barh synchronises 4th unit, Bihar to get additional 405 MW
Under the synchronisation process, the plant was connected to the grid to see the load factor, and to ensure all other aspects were working as per protocol
 "NTPC plant in Barh synchronises 4th unit, Bihar to get additional 405 MW")
Bank of Baroda raises interest rates on retail term deposits by 25 bps
Bank of Baroda has increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25 basis points on select tenors.
 "Bank of Baroda raises interest rates on retail term deposits by 25 bps")
DLF to invest Rs 3,500 cr in next 4 yrs on housing project in Gurugram
DLF will develop a new group housing project 'The Arbour', which is spread over 25 acre and comprises 5 towers with a total of 1,137 premium apartments
 "DLF to invest Rs 3,500 cr in next 4 yrs on housing project in Gurugram")
First Citizens considering to make an offer to buy collapsed SVB: Report
As Wall Street giants move to end the spiralling banking crisis in the US, First Citizens BancShares Inc is reportedly considering making an offer to acquire the collapsed Silicon Valley Bank
 "First Citizens considering to make an offer to buy collapsed SVB: Report")
Silicon Valley Bank collapse: Founders of colour unite in a WhatsApp group
In the hours after some of Silicon Valley Bank's biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of colour ballooned
Mercedes-Benz expects India to be its fastest growing market this year too
German luxury carmaker Mercedes-Benz expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well, according to a senior company official
 "Mercedes-Benz expects India to be its fastest growing market this year too")
Mahindra expands cultural outreach with yet another festival: Percussion
Day-long event in Bengaluru on Saturday is the newest in the conglomerate's Nov-March calendar patronising the arts
 "Mahindra expands cultural outreach with yet another festival: Percussion")
Karnataka minister rolls out 3 strategic initiatives to promote start-ups
The three programmes launched were Mysuru Cluster Seed Fund (MCSF), Mysuru Global Technology Centre (MGTC) and Karnataka Accelerator Network (KAN)
 "Karnataka minister rolls out 3 strategic initiatives to promote start-ups")
Airlines misguiding people, forcing passengers to pay more, says Parl Panel
A Parliamentary Committee has taken note of the high air fares charged by some airline operators in the domestic sector, and held that they are misguiding the public and forcing passengers to pay more
 "Airlines misguiding people, forcing passengers to pay more, says Parl Panel")
MG Motor India to supply 100 vehicles of various models to WTiCabs India
MG Motor India on Saturday said it has bagged an order to supply 100 units of its various models to WTiCabs India
 "MG Motor India to supply 100 vehicles of various models to WTiCabs India")
TVS Industrial and Logistics on aggressive expansion plan in 30 more cities
The TVS Industrial and Logistics Park (ILP) has drawn up plans to strengthen footprint in 30 more cities by 2027, a top official said on Saturday
 "TVS Industrial and Logistics on aggressive expansion plan in 30 more cities")
