Page 1595 - Company News

RBI appoints V Ramachandra as member of Advisory Committee of SIFL, SEFL

The Advisory Committee shall advise the Administrator in the operations of SIFL and SEFL during the corporate insolvency resolution process

Global device shipments to decline 4% in 2023, PCs to be worst hit: Report

By the end of 2023, Gartner expects more than 25% of business PCs will upgrade to Windows 11

JSPL, NTPC, Vedanta among 59 firms that submitted bids for 36 coal blocks

"A total of 96 bids were received under two tranches of commercial coal mine auctions," the coal ministry said in a statement

IndiaMART and four other Indian markets figure in US Notorious Markets list

The 2022 Notorious Markets List identifies 39 online and 33 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy

Income tax department conducts survey action against drug major Cipla

As part of a survey, the Income Tax Department only covers the business premises of a company and does not raid the residences and other locations of its promoters or directors

Enforcement Directorate searches Srei subsidiaries undergoing bankruptcy

The central agency's officials raided an office of the promoters at Alipore area of the city, besides at Tangra, Hastings and an upmarket residence at Anandapur

Vedanta shelves plan to sell its copper smelter in Tamil Nadu

Restarting the smelter will lead to a surge in India's copper output and cut imports

Adani group tops up collateral on $1 billion loan after stock rout

Adani on Friday added about $300 million worth of shares for a loan made by a group of banks including Barclays Plc, one of the people said, asking not to be named discussing internal matters

Reliance Industries stops local petcoke sales, boosts imports: Reports

Reliance Industries has stopped selling petroleum coke within India and boosted imports of the product to turn it into synthetic gas to power its refineries

GAIL's prospects on the mend after poor Oct-Dec quarter showing

Most analysts have cut their Q4 and FY24 estimates but maintain 'buy' recommendations with price targets between Rs 115-Rs 125

Reliance Consumer bites into biscuit market to take on Britannia, Parle

Enters strategic partnership with Sri Lanka-headquartered Maliban

Hindenburg report: Sebi discusses Adani firms with ratings agencies

SEBI asked about the maturity profile of Adani Group debts, its liquidity, the founder's leverage and the overall rating process

Adani Group pulls off $2.5 billion share sale after jump in final bids

The fully subscribed offering removes one overhang for India's $3.2 trillion stock market, which recently dropped out of the world's five biggest by value

Infosys admits appeal against UK tax assessment, says report

There is no suggestion of wrongdoing by Infosys, the newspaper highlights

Zoho Corp eyes $1 billion revenue from ManageEngine in next 2-3 years

The Company, which is India's first bootstrapped unicorn, says it will continue hiring in FY24

MGL slashes CNG price by Rs 2.50 per kg; leaves PNG prices unchanged

CNG price on November 4, 2022 had peaked at Rs 89.50 per kilogram and that of PNG at Rs 54 a kg

Adani takes over Haifa Port for $1.15 bn, promises to invest more in Israel

Dwells on host of key partnerships in Jewish nation, such as Elbit Systems, Israel Weapon Systems, and Israel Innovation Authority; vows to change Haifa skyline with latest deal

Tata Motors raises final tranche of Rs 3,750 crore from TRG Rise Climate

On Tuesday, shares of Tata Motors settled 1.94 per cent up at Rs 452.15 apiece on the BSE

Vi to issue debentures worth Rs 1,600 cr to ATC after condition waiver

OCDs to be converted into equity for preferential allotment to ATC, will carry 11.2% coupon rate and have a tenure of 18 months

Delhi HC fixes Feb 13 for next hearing in DMRC-DAMEPL case, may pass order

RInfra arm says it isn't immune from insolvency, pleads for court order to DMRC to release award amount to ease pressure from banks on DAMEPL