Page 1583 - Company News

ONGC to explore investing in Argentina gas assets: Chairman Arun Kumar

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation

To pacify stakeholders, top banks declare their exposure to Adani Group

The lenders to the group include big names like the State Bank of India, Bank of Baroda, the Punjab National Bank, Axis Bank, and IndusInd Bank

Petronet seeks additional LNG of 0.75 to 1 mn tonnes from Qatar, says CEO

India's top gas importer Petronet LNG is seeking additional Liquified Natural Gas (LNG) of 0.75 to one million tonnes per annum (mtpa) from Qatar, the company's Chief Executive A.K. Singh said

PC sales set to slow down in India as hardware firms announce layoffs

Sale boom during pandemic waning as consumers delay purchase due to fear of recession: Report

IT firms tighten employee scrutiny amid high costs, thin margins: Report

The senior employees who have been hired at a premium over the past two years will also face a greater degree of scrutiny

SBI has 'well-manageable' exposure to embattled Adani Group: CreditSights

CreditSights pointed out that the country's largest lender has a provision reserves buffer of around 338 billion rupees ($4.08 billion), or around 1% of net loans

Aviation giant Boeing to slash 2,000 jobs in finance, HR this year

Aviation giant Boeing is slashing 2,000 jobs in finance and HR verticals this year and the company outsources about a third of those jobs to Tata Consulting Services (TCS) in Bengaluru

EV startup Simple Energy raises $20 mn from investors in Bridge round

Electric vehicle startup Simple Energy on Tuesday announced raising $20 million (about Rs 165 crore) from a clutch of investors as a part of its ongoing Bridge round

Vedanta picks David Reed as CEO of its Gujarat semiconductor business

Reed began his career at Texas Instruments in 1984, where he served for 26 years

Air India to borrow Rs 18K-cr from SBI, BoB to refinance existing debt: Rpt

These loans will be in continuation of the debt facility Tata Group received following the acquisition of Air India

Novatek in talks with Indian firms on LNG, may consider payment in rupees

Russia supplied Europe with some 17 million tonnes of LNG last year, up about 20% from 2021 volumes, Refinitiv Eikon data showed on Tuesday

Google hopes its chatbot 'Bard' will outsmart ChatGPT, Microsoft in AI

Bard initially will be available exclusively to a group of trusted testers" before being widely released later this year, according to a Monday blog post from Google CEO Sundar Pichai

Adani Group still eligible for CEMBI, JACI, JESG indices: JP Morgan

"We continue to monitor publicly available information and liquidity of the securities, and in case of market disruption or confirmed default event"

Early breakeven positive for Paytm, stock surges 6%: Should you buy?

Experts have 'buy' rating with price targets between Rs 730 and Rs 1,150

Adani prepays loans worth $1.11 bn, releases pledged shares in 3 firms

Promoter-pledged shares in transmission, ports, green energy arms will be released

Pawan Hans to launch helicopter services on 6 routes in Assam this week

Pawan Hans will launch helicopter services on six routes in Assam on February 8

Reliance Capital lenders approach NCLAT over 2nd round of auction

Reliance Capital lenders have approached the NCLAT to seek a second round of financial bids for the debt-ridden firm, presently going through the insolvency resolution process

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

Govt planning to oppose Hindustan Zinc's proposal to buy Vedanta assets

The plan was pushed through even after government officials refused to approve it, they said, adding the government is trying to nudge Hindustan Zinc to withdraw the proposal

Tata Steel posts surprise Rs 2,224 crore net loss in December quarter

Plunge in realisations in Europe, non-cash deferred tax expense on account of British Steel Pension Scheme drag the firm into the red