Page 1644 - Company News

NARCL emerges as the highest bidder for SREI with NPV of Rs 5,555 cr

In the final lap, there were just two bidders in the fray - NARCL, and Authum with an NPV of Rs 5,526 crore

Toyota Motor's Indian unit warns of a possible customer data breach

Toyota India said it has notified the relevant Indian authorities of the data breach at Toyota Kirloskar Motor, a joint venture with Indian conglomerate Kirloskar Group

Employees plan court fight against Ford India over closed TN factory

Group rejects severance package as company winds up production

India will lead in AI use for solving 'real' issues, says Satya Nadella

Microsoft CEO says cloud a game changer; 'tremendous momentum' in its adoption

BK Modi Group plans to invest $1 bn in 5 years in realty, wellness

The group is already constructing a commercial real estate project in Mumbai in partnership with a developer and now has plans to expand this business

Suhail Sameer steps down as Bharatpe CEO; Nalin Negi to be interim leader

Fintech has sued a former co-founder, has seen exit of other senior executives over the months

Reliance Consumer Products to acquire 50% stake in makers of Sosyo

Reliance Consumer Products announced it will acquire 50 per cent stake in 100 year old Gujarat-based Sosyo Hajoori Beverages, which owns and operates beverage business under the flagship brand 'Sosyo

Rural demand for FMCG products nears positive territory in December

Overall demand from rural areas declined 0.2 per cent on a month-on-month basis in December while it was down 17 per cent in November, according to Bizom's data

Adani to pay Rs 26 cr to NDTV open offer sellers, match payment to founders

Will pay Rs 48.65 more per share as there was a difference between open offer price and that paid to Roys last week for additional stake, say proxy advisory firms

Google alleges CCI copied parts of EU order on Android abuse, says report

CCI in October fined Alphabet Inc's Google $161 million for exploiting its dominant position in markets such as online search and the Android app store

India's cement industry continues to present a puzzle to investors

Given margin pressure and gradual demand revival, companies with strong balance sheet may gain in long run

Ashneer exhibited 'unruly, threatening behaviour' in AGM: BharatPe

BharatPe said its former co-founder and MD Ashneer Grover exhibited "unruly, intimidating and threatening behaviour" towards the authorised representatives and employees of the company

Delhi Metro plans phase-5 as passenger traffic surges to pre-Covid levels

New route proposal in the back seat, Delhi Metro may focus on raising capacity

Smartphone flattens internet growth curve in India, shows Trai data

Even as usage rises, internet reach and growth has stalled

RailTel ties up with tech firm to monetise Wi-Fi project at 6,100 stations

RailTel, has tied up with a technology firm in a bid to monetise its Wi-Fi project at more than 6,100 railway stations across the country

NCLT stays Reliance Cap resolution process on Torrent Group's plea

The insolvency process of debt-ridden Reliance Capital Ltd (RCL) on Tuesday hit a roadblock as the NCLT Mumbai has stayed the resolution process on the plea of Torrent Group

FTX founder Sam Bankman-Fried faces arraignment in Manhattan federal court

FTX founder Sam Bankman-Fried will be arraigned in a Manhattan federal court on Tuesday on charges that he cheated investors and looted customer deposits on his crypto-currency trading platform.

Total aluminum production dropped by 2% to 566,000 tonnes in Q3: Vedanta

Vedanta on Tuesday said that its total aluminum production dropped by 2 per cent to 5,66,000 tonnes in the third quarter of the current fiscal

Pharma firms with India focus preferred as US market concerns grow

Steady outlook and higher returns triggers for companies refining their strategy

Results preview: Q3 may drive caution for IT sector, better margins likely

Almost all the tierI companies in the Q2 of FY23 had signalled then that though the current macro has not impacted budget in general, there are specific pockets where delay in deal closure was evident