Company News
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January 21, 2021, Thursday
Indian companies should remain agile to face future crisis: Birla
Birla in a webpost said the way Covid had hit people with comorbidities which were measurable and identifiable
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January 21, 2021, Thursday
NCLT agrees to hear plea alleging mismanagement in real estate firm Omaxe
The National Company Law Tribunal (NCLT) has agreed to hear a petition filed against Omaxe Ltd alleging oppression and ...
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January 21, 2021, Thursday
Competition Commission gives go-ahead to Axis-Max Life Insurance deal
Additionally, Axis Capital and Axis Securities will acquire 2 per cent and 1 per cent, respectively, shareholding in Max Life
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January 21, 2021, Thursday
Federal Bank Q3 profit falls 8% to Rs 404 crore on higher provisioning
The bank earned net interest income of Rs 1,437 crore in Q3, against Rs 1,155 crore a year ago
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January 21, 2021, Thursday
Airbus, Thales to showcase their technology at Aero India 2021 exhibition
Airbus and Thales will showcase their advanced technologies and platforms at Aero India 2021 exhibition that would be held in ...
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January 20, 2021, Wednesday
Ola to build Rs 2,400-crore EV manufacturing facility with Siemens
To set up global AI-powered facility in Tamil Nadu, according to a prior deal
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January 20, 2021, Wednesday
CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail
Amazon and Flipkart can't directly acquire assets under FDI rules, so they are doing smaller strategic stake deals with offline ...
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January 20, 2021, Wednesday
Competition Commission of India approves Flipkart-Aditya Birla Fashion deal
Competition Commission of India on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla ...
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January 20, 2021, Wednesday
Charges of having preferred sellers baseless: Amazon Lawyer to Karnataka HC
The High Court is hearing the petition filed by CCI for the probe against e-commerce firms Amazon and Flipkart. The matter will ...
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January 20, 2021, Wednesday
AAI lines up concessions to attract aircraft repair firms to its airports
Plans to abolish royalty, offer steep discounts in lease rent
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January 20, 2021, Wednesday
L&T Technology Services third quarter net profit falls 8.8% to Rs 186.1 cr
Larsen & Toubro Technology Services (LTTS) on Wednesday posted an 8.8 per cent decline in consolidated net profit to Rs 186.1 ...
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January 20, 2021, Wednesday
Indigo Paints IPO subscribed 2x on Day-1, gets bids for 10.5 mn shares
IPO consists of Rs 300 crore in fresh fund raise and Rs 870 cr of secondary share sale. issue closes Friday
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January 20, 2021, Wednesday
Indian cos mustn't get caught in covid co-morbidities: Kumar Mangalam Birla
Likens the way Covid impacted those with hypertension, diabetes etc, with the business shocks it delivered, while asserting that ...
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January 20, 2021, Wednesday
Fireside Ventures' consumer brand startups cross $1 bn in total market-cap
The venture capital firm founded by top investor Kanwaljit Singh has also closed its second fund Fireside Fund II at Rs 863 crore
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January 20, 2021, Wednesday
Ola partners with Siemens for electric vehicles manufacturing facility
The manufacturing facility is coming up in Tamil Nadu
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January 20, 2021, Wednesday
SpiceJet adds two wide-body aircraft to its cargo fleet for long haul
SpiceJet has added two wide-body planes, a B767 and a A330 model, to its cargo fleet to transport items
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January 20, 2021, Wednesday
Srinivasaraghavan to retire in March after 18 years as Sundaram Finance MD
He has been with the company for the past 38 years, will be succeeded by Rajiv Lochan
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January 20, 2021, Wednesday
L&T arm wins transmission line orders worth up to Rs 5,000 cr in Bangladesh
A fast-growing economy in South Asia, Bangladesh has embarked on a plan to alleviate infra deficiencies and upgrade its power ...
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January 20, 2021, Wednesday
Adani Green Energy commissions 150 MW solar plant in Kutch, growth at 55%
Adani Green Energy Ltd (AGEL) arm Adani Solar Energy Kutchh One Ltd has commissioned a 150 MW solar plant in Kutchh, ...
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January 20, 2021, Wednesday
L&T construction arm bags orders worth up to Rs 5,000 cr in Bangladesh
Larsen & Toubro (L&T) on Wednesday said its construction arm has bagged orders worth up to Rs 5,000 crore in Bangladesh. The ...