Page 1183 - Company News

IBBI addresses CIRP delays, proposes reforms to streamline process

To address these concerns, the IBBI recently proposed four changes to CIRP regulations aimed at reducing delays, as outlined in a consultation paper

REC clears Rs 6,075 cr loan to Greenko, Rs 3,081 cr to Serentica Renewables

The REC is on a trajectory to achieve a green finance loan book of Rs 3 lakh Crore by the fiscal year 2030, a statement said

RML Hospital to open speciality OPD for transgenders on PM Modi's birthday

The Medical superintendent said that upon enquiry in various quarters, he found that people from the transgender community mostly seek treatment in private healthcare facilities

Top headlines: Sovereign wealth funds bullish on RRVL,Tata steel and more

Business Standard brings you the top headlines at this hour

Dabur aims for Rs 7,000 crore in revenues in home and personal care segment

The company is also targeting Rs 5,000 crore in sales from its healthcare segment

LVMH, Gucci to expand in India with new outlets in Reliance's luxury mall

The mall, which an industry source said is likely to open this year, is located inside Reliance's $1 billion business and cultural hub in Mumbai

Wipro inaugurates 75,000-sq-ft office in Jefferson City, Missouri

The 75,000-square-foot office will act as main support centre for some of Wipro's clients in healthcare and government sectors

Tata Steel signs 500 million pound-deal with UK govt for Port Talbot plant

Company's share in £1.25 bn deal to be funded largely via internal equity

HDFC Bank-Diners Club eyes B2B space to grow credit card business

With over 18 million cards in circulation, HDFC Bank is the largest issuer of credit cards in India with monthly spends of around Rs 40,000 crore

BEL bags Rs 2,118.57 crore order from Cochin Shipyard for various equipment

This project will have participation of Indian electronics and associated industries, including MSMEs, which are sub-vendors of BEL, Bengaluru-headquartered BEL said in a statement on Friday

Dabur eyes Rs 5,000 crore sales from healthcare in around 5 years

Besides, the company expects demand for natural products like herbal and Ayurvedic to grow in line with increasing per capita income

Mercedes Benz to bring 3-4 electric vehicles into India in 12-18 months

Iyer said, "We have ethanol-friendly petrol engines, which are E-20 compliant; we have state-of-the-art diesel engines that are clean, and we have electric."

TotalEnergies in talks to invest in Adani Green's projects: Report

The deal would increase Total's presence in the fast-growing Indian energy market, while giving Adani Green more means to develop new renewable energy projects

Infosys signs $1.5 billion contract with global client for 15 years

In July, Infosys announced a $2 billion deal with an existing strategic client without naming the client

SpiceJet pays $1.5 million to Credit Suisse as per SC's directive

Credit Suisse and SpiceJet have been embroiled in a legal conflict since 2015 concerning outstanding debts of approximately $24 million

Sovereign wealth funds bullish on RRVL as valuation doubles in three years

RIL retail arm in talks with global investors to raise $2.5-3 billion

Dunzo defers employee salaries for June and July yet again to November

The startup had previously deferred the June and July salaries of over 50 per cent of its workforce of 1,000 to the first week of September

Everstone offloads 25% stake in Restaurant Brands via block deals

The private equity firm will retain a 15.44 per cent stake in the company, which operates the Burger King brand of fast-food restaurants in the country

Axis Bank investment banking unit's co-CEO Chirag Negandhi resigns

Axis Capital, one of the country's biggest investment banking firms, has been a part of some successful initial public offerings over the past year, including Cyient DLM, Mankind Pharma, Bikaji Food

Pilot shortage pulls down Akasa Air's market share to 4.2% in August

IndiGo maintained its lead as the country's largest airline with its market share pegged at 63.3 per cent in August