Page 7 - Companies News

L&T, Afcons, JSW eye Great Nicobar project despite environmental hurdles

The National Green Tribunal (NGT) stayed the Rs 72,000 crore Great Nicobar Development Plan, which includes the project for building a trans-shipment hub

As Future Retail bankruptcy crawls, Adani and Reliance among bidders

Other names in list of prospective resolution applicants include Jindal Power, WH Smith Travel Ltd

JSW One Platforms raises Rs 205 cr from Mitsui at Rs 2,750 cr valuation

It plans to plough-in the funds to strengthen its market presence and further enhance tech capabilities, the statement said

Jio Platforms gets Rs 350 crore deal to run NIC's cloud services for 5 yrs

Jio has been selected to enhance NIC's national cloud services and will be deployed at the National Data Centre in Delhi, Pune and Bhubaneswar

Godrej Properties logs record sales booking of Rs 12,232 cr in FY23, up 56%

Godrej Properties on Monday said its sales booking rose 56 per cent last fiscal year to an all-time high of Rs 12,232 crore on strong demand for residential properties.

Singapore's Temasek buys 41% stake in Manipal Health for $2 billion: Report

Manipal currently serves over 5 million patients a year through its 29 hospitals in 16 cities with 4,000 doctors, according to a statement issued jointly by the investors

Apple signs lease for 116,000 sq ft space in Bengaluru for Rs 2.44 cr/month

Apple has also made it a part of the contract that no other competitor including Alphabet, Microsoft, Samsung, Xiaomi, Amazon, Huawei, Netflix, and Facebook, be provided space in the building

Tata Group set to takeover of Wistron's iPhone plant in Bengaluru

India set to get its first homegrown production line for Apple products as Tata Group completes takeover in April

Apollo Micro Systems fixes record date for 1:10 share sub-division

Apollo Micro Systems Ltd (AMSL) has fixed May 4 as the record date to split its shares in ratio of 1:10

Adani Group brand custodian Aman Kumar Singh resigns from NDTV board

Adani group's corporate brand custodian and head of corporate affairs Aman Kumar Singh, who is facing a corruption charge in Chhattisgarh, has resigned from the board of NDTV

Tata insurance arm, others to provide $10-billion cover to Air India

The airline will be paying a premium of $30 million (Rs 246 crore) for the financial year beginning April 1 - same as the previous financial year

RIL sets sights on frozen food market, takes another bite at dairy

Move aims at competition with Amul, Mother Dairy

Adani Power commences supply to Bangladesh from Godda plant in Jharkhand

Supply was to start in March. However, Bangladesh Power Development Board had sought relief from rising imported coal prices. Unit will source coal from Adani-owned Carmichael mine in Australia

Unfazed by competition from RIL, expect broad-based growth in FY24: GCPL

Godrej Consumer Products Ltd is unfazed by the prospect of competition from Reliance's entry into the FMCG sector, having seen multiple disruptions

Amul expects 20% revenue growth to Rs 66,000 cr in FY24; no rate hike plans

GCMMF, which sells dairy products under the Amul brand, is expecting 20 per cent growth in its revenue this fiscal to around Rs 66,000 crore on rising demand, its MD Jayen Mehta said

Maruti eyes doubling SUV sales in FY24; aims top position with 25% share

The country's largest car maker Maruti Suzuki India aims to more than double its SUV sales this year and take the leadership position in the fast-growing segment with a market share of over 25%

LTIMindtree delays onboarding and extends training for assessment

Move will impact 600-700; letter says freshers have no other option but to accept the programme

L&T is lowest bidder for New Delhi station revamp with Rs 8,740 cr offer

Infra major was in the fray with Shapoorji Pallonji for largest station upgrade project; its submission is over Rs 3,000 crore beyond the Centre's estimate

CMS Info Systems aims 3 times revenue of Rs 5,000-crore by FY30

It is looking to start new business lines like collection and recover services

SBI Foundation commits Rs 3 mn grant to eight select social ventures

Four top winning ideas are given support of Rs 6 lakh each while four runners-up are given Rs 1.5 lakh each, he said after the selection process on Sunday