Page 1559 - Company News

Mukesh Ambani's conglomerate to stream IPL for free after paying $2.7 bn

Viacom18 Media Pvt., the joint venture between Paramount Global and Ambani's conglomerate Reliance Industries Ltd., licensed the IPL streaming rights last year for $2.7 billion

Adani Group isn't India, but its troubles mirror the nation's woes

The target of Hindenburg Research's attack is the Adani Group, which aggressively marshaled capital from around the world into India's unmet aspirations

Adani Transmission to announce debt refinancing plans in few weeks: Report

The company has no plans to raise additional debt for capital expenditure, which it plans to cover with operating cash inflows, the executives said, according to the source

IPO-bound OYO looks to double number of premium hotels in India this year

The firm plans to add about 1800 premium hotels this year, with a focus on key business cities

BS Awards for Corporate Excellence: Power-packed jury to pick winners today

Chaired by K M Birla, the 8-member panel will select best in corporate India across 7 categories

Spicejet to consider capital raise amid losses, market share battle

Spicejet's market share slipped to 7.3% in January from 7.7% in December

Rajan Amba to take over as JLR managing director, succeeds Rohit Suri

Appointment comes at a time when JLR is facing supply chain issues hampering its production

HSBC's pre-tax profit jumps 15.04% to $1.277 bn in India for 2022

The bank had reported a pre-tax profit of USD 1.11 billion from its operations in India, which continues to be fourth largest contributor for group profits, in 2021

World-class firms need world-class governance, says Sequoia India MD

Anandan also reiterated that if one has decided to do fraud then even the Big four audit firms can also not do much

FreshToHome raises $104 million from Amazon Smbhav Venture, others

Startup FreshToHome has raised $104 mn from Amazon Smbhav Venture Fund and other investors to expand business including opening up of 100 physical retail stores

With peak summer season ahead, Voltas may see volumes and margin gains

Q3 was disappointing on account of one-offs, margins pressures

E-commerce firm FreshToHome bags $104 mn amid long funding dry spell

Launched in 2015, FreshToHome operates in over 160 cities in India and the UAE. It offers more than 2,000 certified fresh and chemical-free products

Adani Transmission to announce debt refinancing plans in a few weeks

Adani Transmission will announce debt refinancing plans in a few weeks, executives said on Tuesday in an investor call, according to a source with direct knowledge of the matter

Near-term demand worries in replacements biz cloud Apollo Tyres' outlook

There could be some margin relief on account of falling input costs

Usha International looks to close FY23 with around Rs 3,800 cr revenue

Presently 45 per cent of Usha International's business comes from the fan segment, while the rest is contributed by others

Sapphire Foods to increase stake in Maldives-based GFIPL from 51% up to 75%

Sapphire Foods India Ltd (SPIL) announced to increase its stake in GIFPL to 75 per cent from the current 51 per cent Gamma Island Food Private Ltd operates Pizza Hut and KFC restaurants in Maldives

GQG Co-founder Rajiv Jain is creating an investing empire in Florida

In 2022, when most asset managers watched clients yank cash from their funds as markets cratered, GQG thrived

5G rollout to be longer and costlier without 6GHz spectrum access: COAI

Industry body representing telcos argues that 6GHz is the last remaining mid-band spectrum range where city wide coverage can be provided with mobile networks

Sanjay Nayar assumes position of vice-president of Assocham

Assocham has announced the appointment of global financial markets expert Sanjay Nayar as its new vice-president

Game streaming platform Loco joins Avalanche Multiverse incentive programme

Launches a subnet to offer a suite of Web3 products