Page 1605 - Company News

Adani Group says allegations made in Hindenburg report 'stale and baseless'

Hindenburg Research said that it was shorting Adani group's stocks and accused the firms of 'brazen' market manipulation and accounting fraud

Continue FAME subsidy till EV penetration touches 10%: Greaves Electric CEO

The govt subsidy for the purchase of EV to the vehicle makers should continue till the market reaches an EV penetration of 8-10 per cent, said a top official of Greaves Electric Mobility Private Ltd.

Easy Trip Planners Ltd to acquire 55% stake in Glegoo Innovations

Online travel service provider, Easy Trip Planners Ltd on Wednesday said it will acquire a 55 per cent stake in Glegoo Innovations Pvt Ltd, an online travel and tours firm, for Rs 3 crore

Mukesh Ambani to buy stake in US entrepreneur Josh Kushner's Thrive Capital

A group of global billionaires worth at least $123 billion are buying a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner

Healthy near-term growth outlook for Polycab India after record Q3 profit

Weak margin trajectory of the FMEG segment and valuations could limit upside

Apple updating ad, search features to separate OS from Google: Report

Earlier this month, Apple announced 'Business Connect' which allows companies to claim their legal location and interact with customers

Adani stocks drop after Hindenburg accuses firm of manipulation and fraud

Adani rocketed up the Bloomberg Billionaire's Index last year past the likes of Bill Gates and Warren Buffett

Hindenburg says it holds short positions in Adani Group, flags risks

The seven listed companies of the Adani group, which is controlled by world's third richest man Gautam Adani, have an 85% downside on a fundamental basis due to sky-high valuations

Blackstone in talks with Bain to sell $480 million stake in top Indian REIT

Blackstone is in talks to sell around half of its stake in India's largest real estate investment trust Embassy Office Parks to private equity firm Bain Capital in a deal worth up to $480 million

Blackstone in talks with Bain to sell $480 mn stake in top REIT: Report

A deal would mark US-based Bain's first REIT investment in India where office space is drawing in investors as many workers have returned to offices with the waning of the Covid-19 pandemic

Jet Airways lenders move NCLAT against Jalan-Kalrock consortium

According to the revival plan, the consortium proposed a total infusion of Rs 1,375 crore, including Rs 900 crore towards capex and working capital and Rs 475 crore to settle claims of the creditors

Indus Towers makes Rs 2,298-crore provision for Vodafone Idea receivables

Firm reports loss of Rs 708 crore in Q3; in Q2 it had recorded a profit of Rs 872 crore

DGCA action 'excessive', we stand by suspended pilot, says Air India

The airline will assist the pilot in appealing against the order

Google mobile apps unbundling to start by Friday deadline, say OEMs

The tech giant may discuss with the CCI its plan to comply with its order on Friday

JPMorgan gets RBI nod for new India chief executive officer Prabdev Singh

Singh had been JPMorgan's interim CEO since November, replacing Madhav Kalyan who - in October - was named head of payments for Asia Pacific

Govt extends tenure of Sangeeta Verma as CCI's acting Chairperson

Verma has been the acting Chairperson of the anti-trust regulator since October last year after Ashok Kumar Gupta demitted office as the full-time Chairperson

IndianOil to pump in Rs 2,200-cr investment for projects in Tamil Nadu

Asokan said IndianOil has 57 per cent share in LPG, 36.9 per cent in petrol and 43.9 per cent in diesel in Tamil Nadu

Nykaa stock now a more attractive 'buy', analysts positive but divided

Through financial modelling, experts arrive at a fair value that ranges between Rs 145 and Rs 360

Tata Motors one of many as India Inc turns averse to ADRs and GDRs

Apart from HDFC Bank, no other Indian firm has raised capital via these routes since 2017

Jaypee Infra insolvency: Lenders, except ICICI Bank, assign debt to NARCL

The case has been reserved for orders on the approval of the resolution plan in respect of JIL before the NCLT, Principal Bench, Delhi