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Company Updates

NCLT gives green light to Vistara, Air India merger

In Short:The National Company Law Tribunal (NCLT) approved the merger of Vistara with Air India. They aim to finish the merger by December, but...

Strong demand fuels investment in real estate and coal projects – Moody’s Ratings

In Short:India's increasing power demand is boosting investment opportunities in the sector, particularly in renewable energy and transmission projects. Moody's Ratings indicate that renewable...

Cola and ice creams flying off shelves in scorching heat wave

In Short:Companies like PepsiCo India, Coca-Cola, Havmor Ice Cream, and Dabur India are experiencing a rise in demand for their beverages and ice creams...

Lauren Bloomer to lead international expansion at Good Glamm Group

In Short:Lauren Bloomer has been appointed as President - International of the Good Glamm Group, and will also join the Board of Directors of...

Air India partners with Boeing, revamps ground operations to reduce flight delays

In Short:Air India is partnering with Boeing to improve its long-haul flights and customer service. The airline plans to lease new wide-body aircraft to...

Hindalco’s Novelis IPO delayed; valued at $17 billion

In Short:Hindalco Industries, an Aditya Birla group company, has postponed the initial public offering of its US subsidiary, Novelis, due to bad market conditions....

Yulu’s shared EV-mobility data can help authorities pinpoint infrastructure issues

In Short:Yulu, an electric bike-sharing platform, uses data gathered from vehicle usage to help identify faulty road infrastructure for urban development. They work closely...

Tata Motors to create new subsidiary for commercial vehicles

In Short:Tata Motors has approved setting up a new subsidiary called TML Commercial Vehicles Ltd to focus on commercial vehicles. The company aims to...

Gas-based power plants reach 4-year high capacity utilization in April

In Short:Gas-based power plants in India saw a rise in capacity utilization in April 2024, reaching a four-year high of 21.4%. Gas plants account...

KK Modi family feud escalates

In Short:The late KK Modi's family is in a heated dispute over his ₹11,000 crore inheritance. The PSO of Bina Modi has filed a...

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