Budget carrier SpiceJet has decided to cut 10-30 per cent salary of all its employees in March, with Chairman Ajay Singh opting for highest 30 per cent trimming in compensation, the airline said in an e-mail communication to the staff on Tuesday.
Biocon: The company's subsidiary has received the Establishment Inspection Report (EIR) from the USFDA for the Pre-Approval Inspection (PAI) of its Insulins manufacturing facility in Malaysia, for Insulin Glargine.
HAL: Hindustan Aeronautics Limited (HAL) on Tuesday announced a record turnover of over Rs 21,100 crore (provisional and unaudited) for 2019-20. This amounts to a growth of 7 per cent over the previous year’s turnover of Rs 19,705 crore.
GE Power: GE Power on Tuesday said it has bagged an order worth Rs 690 crore to supply and install FGD (Flue-gas desulfurization) system at NTPC's Unchahar thermal power plant.
Sterling & Wilson: The company's promoters have paid another Rs 500 crore against outstanding loans.
Adani Enterprises: Adani Enterprises on Tuesday said it has won a Rs 866 crore highway project from National Highways Authority of India (NHAI) in Madhya Pradesh. The project pertains to four-laning of Nanasa to Pidgaon section of NH-47 under Bharatmala Pariyojana Phase-I (Economic Corridor) on Hybrid Annuity Mode (HAM).