GMR Infrastructure to change name to GMR Airports Infrastructure

The company will seek the nod of shareholders through a postal ballot, it said in a filing to BSE on Thursday.

from Moneycontrol Business News https://ift.tt/I3fQgwJ

Joe Biden’s administration plans to offer updated booster shots in September

Updated formulations are apparently close at hand. The new versions are expected to perform better against the now-dominant Omicron sub variant BA.5, although data available so far is still preliminary

from Moneycontrol Business News https://www.moneycontrol.com/news/business/joe-biden’s-administration-plans-to-offer-updated-booster-shotsseptember_16530511.html

Joe Biden’s administration plans to offer updated booster shots in September

Updated formulations are apparently close at hand. The new versions are expected to perform better against the now-dominant Omicron sub variant BA.5, although data available so far is still preliminary

from Moneycontrol Business News https://www.moneycontrol.com/news/business/joe-biden’s-administration-plans-to-offer-updated-booster-shotsseptember_16530521.html

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

from Moneycontrol Business News https://ift.tt/OUPIcfk

5G spectrum auction stretches to 4th day; bids worth Rs 1,49,623 crore received so far

Billionaire Mukesh Ambani#39;s Reliance Jio, Sunil Mittal-led Bharti Airtel, Vodafone Idea and a unit of billionaire Gautam Adani#39;s flagship Adani Enterprises are in the race to bid for 5G spectrum, that offers speeds about 10 times faster than 4G and lag-free connectivity.

from Moneycontrol Business News https://ift.tt/hiTyfZR

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

from Moneycontrol Business News https://ift.tt/XkQrLbj

Exide Energy Solutions to set up Li-ion battery cell manufacturing facility in Bengaluru

Exide Energy Solutions Ltd (EESL) has executed the lease-cum-sale agreement with Karnataka Industrial Areas Development Board (KIADB) for procuring land parcel in Bengaluru, the company said in a regulatory filing.

from Moneycontrol Business News https://ift.tt/Pgbh0Ca

Air India issues tender to sell three B777-200LR aircraft

The Tata Group, which took charge of Air India on January 27, is currently in talks with Airbus and Boeing to place a sizeable aircraft order.

from Moneycontrol Business News https://ift.tt/hzDYdFN

Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

from Moneycontrol Business News https://ift.tt/Dgo54d2

British Airways pilots want pay hike, threaten strike

If they go ahead, it will add to travel chaos in Europe which is grappling with flight delays and fewer planes in the sky due to staff shortages

from Moneycontrol Business News https://ift.tt/tMVK7zB

Logistics firm COGOS to acquire Porter#39;s FMCG biz

The move is aimed at ensuring continuity of Porter’s business vertical with COGOS’ business model and strengthening the focus on the core business solutions, Porter said.

from Moneycontrol Business News https://ift.tt/DSKBYvC

General Insurers seek removal of obligatory obligatory premium paid to General Insurance Company Re

General Insurers have sought the removal of obligatory premium paid to General Insurance Corporation Re, the obligatory premium is 4% of the amount of the policies sold.

from Moneycontrol Business News https://ift.tt/DpgjmQF

India on the verge to become fastest-growing economy, engine of growth: Kumar Mangalam Birla

“A strong digital ecosystem, fiscal and monetary policy and various government schemes helped small and medium enterprises and the worst affected sections of the population to survive while reviving demand and bringing the economy back on track," said the industrialist while addressing shareholders of UltraTech.

from Moneycontrol Business News https://ift.tt/gbuWYMO

Tech Mahindra – Margin nosedives, commentary positive

While the outlook remains good, the margin collapse in Tech Mahindra makes for lacklustre near-term earnings, and FY24, as of now, looks tentative

from Moneycontrol Business News https://www.moneycontrol.com/news/business/tech-mahindra-–-margin-nosedives-commentary-positive_16521781.html

Turkey ownership limited, we are a global firm: Celebi India CEO

Celebi Aviation, the largest ground-handling company in the country, is keenly awaiting the divestment of Air India’s ground-handling unit. In the light of the strained relations between Turkey and India, CEO Murali Ramachandran tells Moneycontrol: “We are a global company. You can#39;t wrap it in a country#39;s colour or flag.”

from Moneycontrol Business News https://ift.tt/xeVkfRb

MG Motor India June retail sales rise 27% at 4,503 units

The momentum in sales (evident across all models) comes on the back of some ease in semiconductor availability, even though the outlook remains constrained in the wake of supply-chain roadblocks and persistent logistical headwinds, the company said in a statement.

from Moneycontrol Business News https://ift.tt/wVNLtne

MG Motor India June retail sales rise 27% at 4,503 units

The momentum in sales (evident across all models) comes on the back of some ease in semiconductor availability, even though the outlook remains constrained in the wake of supply-chain roadblocks and persistent logistical headwinds, the company said in a statement.

from Moneycontrol Business News https://ift.tt/bPx6RX3