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Company Announcements
Budget 2023: Aviation industry has a wishlist but doesn’t expect much action
This year as well airlines are hoping to receive several monetary benefits and concessions from the government including a reduction in excise tax on ATF, which accounts for a…
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Air India’s mega jet deal with Airbus, Boeing held up by engine-cost debate
Synopsis
CFM International, the General Electric Co. and Safran SA joint venture, is reluctant to offer big discounts on engines and maintenance that typically accompany mega…
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Goa Carbon appoints Vikrant Garg as CFO
The company’s board appointed Vikrant Garg as chief financial officer and as key managerial personnel, effective 18th January 2023.
Garg is a qualified Chartered Accountant…
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PepsiCo Global Business Services Center to expand headcount in Telangana
Synopsis
The Minister assured that the state government will extend all possible cooperation for all future investments of the company. PesiCo GBS is currently delivering critical…
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Zero Waste Europe Sets Essential Criteria For Zero Waste Fashion Business Models
Zero Waste Europe (ZWE) has set four “essential criteria” for mapping zero waste fashion business models, urging decision-makers and the fashion industry to look beyond product…
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Arçelik Announces Contribution Agreement To Form A New Standalone European Home Appliance Business…
The newly formed standalone business will combine both companies’ European manufacturing expertise, strong supply chains, effective distribution and sales networks and…
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CtrlS To Enter Numerous Potential Southeast Asian And Middle Eastern Markets
CtrlS Datacenters Limited, Asia’s Largest Rated-4 Datacenter Provider, intends to explore various potential markets in Southeast Asia and the Middle East in order to construct a…
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Prachi Bali joins Saatchi & Saatchi Propagate India as Business Head & Executive VP
Bali joins the company after spending a decade at FoxyMoron
Saatchi & Saatchi Propagate, the digital arm of L&K Saatchi & Saatchi, has announced the appointment of…
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Saudi Arabia’s flynas eyes expansion with new units in two more countries: Report
RIYADH: Saudi Arabian low-coast air carrier flynas is eyeing to expand its global presence by opening new units in two countries, according to a report.
The airline’s move comes…
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Abu Dhabi’s Masdar signs memorandum with Dutch companies to develop green hydrogen supply chain
Product will be directed to key European sectors via continent’s fourth-largest port
Agreement reflects countries’ commitment to exploring energy solutions, says UAE…
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