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NCLAT rejects bankruptcy board's plea against telecom tower firm GTL Infra

Corporate debtor's business is sustainable and it is a viable going concern, NCLT had ruled

NCLAT rejects bankruptcy board's plea against telecom tower firm GTL Infra
Updated On : 08 Feb 2023 | 9:16 PM IST

Moderation of pace of rate hikes gives RBI room to assess impact: Das

Central bank management speaks to the media about inflation, economy and government borrowing

Moderation of pace of rate hikes gives RBI room to assess impact: Das
Updated On : 08 Feb 2023 | 6:49 PM IST

TenderCuts launches new platform HappyChops for local meat outlets

Platform empowers local meat shops with latest tech and robust supply chain; has on-boarded 100 shops in Chennai, plans to rope in another 300 by March, expand to 10 more cities by June

TenderCuts launches new platform HappyChops for local meat outlets
Updated On : 08 Feb 2023 | 1:57 PM IST

Muthoot Finance to raise Rs 500 crore through secured redeemable NCDs

Basic issue size is Rs 100 cr, with Rs 400 cr green shoe; open between Feb 8 and March 3 with listing on BSE

Muthoot Finance to raise Rs 500 crore through secured redeemable NCDs
Updated On : 07 Feb 2023 | 11:24 PM IST

Walmart-owned Flipkart poised to list publicly, says SoftBank

In India, SoftBank has backed many companies, and unicorns or start-ups with over $1 billion in valuation

Walmart-owned Flipkart poised to list publicly, says SoftBank
Updated On : 07 Feb 2023 | 11:14 PM IST

Infosys to partner with GE Digital for grid transformation solutions

Work will help operators realise a more reliable and sustainable grid, say companies

Infosys to partner with GE Digital for grid transformation solutions
Updated On : 07 Feb 2023 | 8:07 PM IST

Hindenburg report row: Adani Group stocks sell-off enters third week

The Adani group stocks have shed Rs 9.4 trillion in market value since June 24

Hindenburg report row: Adani Group stocks sell-off enters third week
Updated On : 06 Feb 2023 | 11:06 PM IST

Creditors of IL&FS Financial Services to get Rs 3,200 cr interim payout

Since the resolution began, the group has so far discharged debt worth Rs 27,000 crore

Creditors of IL&FS Financial Services to get Rs 3,200 cr interim payout
Updated On : 06 Feb 2023 | 10:51 PM IST

Union Budget 2023: FinMin notifies refund of security deposits to MSMEs

In her budget speech, FM had proposed refund of 95% of amount forfeited on account of non-performance of contract due to Covid

Union Budget 2023: FinMin notifies refund of security deposits to MSMEs
Updated On : 06 Feb 2023 | 9:21 PM IST

Grasim board inducts Ananya Birla, Aryaman Vikram Birla as directors

Aditya Birla Group flagship firm says move comes at an appropriate moment, with the creation of the paints vertical and B2B platform for building material

Grasim board inducts Ananya Birla, Aryaman Vikram Birla as directors
Updated On : 06 Feb 2023 | 8:27 PM IST

Muthoot Finance consolidated net dips 11% YoY to Rs 934 crore in Q3

Total income declines 4% to Rs 3,030 crore, loan assets grow 7% tp Rs 65,000 cr

Muthoot Finance consolidated net dips 11% YoY to Rs 934 crore in Q3
Updated On : 06 Feb 2023 | 7:46 PM IST

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck

Flagged off by PM Modi at India Energy Week, the vehicle was developed over the past one year and has been under test since August 2022

RIL, Ashok Leyland unveil first hydrogen combustion-driven heavy-duty truck
Updated On : 06 Feb 2023 | 4:21 PM IST

Fertilisers and Chemicals Travancore's Q3 net up two-fold to Rs 165.79 cr

Profit and turnover for the corresponding nine months of the previous year was Rs 119.84 crore and Rs 2,732.25 crore, respectively

Fertilisers and Chemicals Travancore's Q3 net up two-fold to Rs 165.79 cr
Updated On : 04 Feb 2023 | 9:24 PM IST

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr

The company's total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr
Updated On : 04 Feb 2023 | 12:57 AM IST

RBI okays appointment of sitting YES Bank exec Rajan Pental as ED

Pental, who has been with YES Bank since November 2015, will continue to head retail banking; he is also non-executive director at YES Securities

RBI okays appointment of sitting YES Bank exec Rajan Pental as ED
Updated On : 03 Feb 2023 | 6:58 PM IST

Cognizant Q4 net profit down 9.6% YoY, meets annual guidance for FY22

IT services firm reports rise in headcount, says voluntary attrition declining

Cognizant Q4 net profit down 9.6% YoY, meets annual guidance for FY22
Updated On : 03 Feb 2023 | 5:11 PM IST

Adani group companies market capitalisation erosion tops $100 billion

AEL pulled the plug on its fully-subscribed $2.4 billion (Rs 20,000-crore) follow-on public offering FPO

Adani group companies market capitalisation erosion tops $100 billion
Updated On : 03 Feb 2023 | 12:52 AM IST

IDFC twins gain more than 5% on Rs 2,000-crore capital infusion

At a meeting held on Wednesday, IDFC's board gave an in-principle approval to infuse Rs 2,000 crore "growth capital" into IDFC First Bank

IDFC twins gain more than 5% on Rs 2,000-crore capital infusion
Updated On : 03 Feb 2023 | 12:50 AM IST

Edtech giant Byju's lays off nearly 1,000 employees across verticals

According to the company sources, the layoffs are part of the"optimisation" strategy announced last year where the company plans to sack 2,500, or 5 per cent, of its employees

Edtech giant Byju's lays off nearly 1,000 employees across verticals
Updated On : 02 Feb 2023 | 10:34 PM IST

G20 education working group likely to lead to university tie ups

Collaboration with Universities across the globe would be the major outcome of the deliberations at the Chennai Meet, Sanjay Murthy, Secretary Higher Education

G20 education working group likely to lead to university tie ups
Updated On : 02 Feb 2023 | 9:06 PM IST