Page 1650 - Company News

Shriram Finance's business prospects remain healthy, pressure on NIM seen

Valuation targets, though, are close to current price; potential selling by large non-promoter shareholders also an overhang

Luxury shopping gets a festive sparkle, basks in celebratory spirit

As the year draws to a close and people slip into celebratory spirit, shopping for luxury has been on the rise

After many rocking years, we needed a rocky year: Byju's CEO Raveendran

Raveendran acknowledged that the first six years of Byju's were those of steady growth and the next four -- from 2017 to 2021 -- saw the company's exponential rise

Air India to get fresh brand identity: CEO Campbell Wilson tells staff

Airline will take some years to attain 'world class heights', he says in year-end note

Tata Motors completes Rs 725 cr acquisition of Ford's Sanand plant

All eligible employees of Ford India's vehicle making plant have been offered jobs at TPEML on terms, conditions and benefits of service similar to those currently availed by them

Tata Motors to acquire Ford India's manufacturing unit completely in Jan

Tata Motors on Friday said the acquisition of Ford India's manufacturing plant at Sanand through its subsidiary will be completed on January 10, 2023

TAFE acquires Group Forvia's Indian interior systems business Faurecia

Deal size not disclosed; transaction for two sites completed, third likely to close soon

Anonymous Twitter user leaks API keys of crypto trading service 3Commas

More than 10,000 of the keys were released by the leaker who the rest "will be published full [sic] randomly in the upcoming days", CoinDesk reported

Kalpataru international arms secures new orders worth Rs 1,247 crore

The orders are in India and overseas markets in the T&D (transmission and distribution) business for Rs 1,247 crore, a company statement said

Reliance Industries seeks bids for sale of KG-D6 gas at rates linked to JKM

The two partners invited bids for the sale of 6 million standard cubic meters per day of gas starting February 2023, according to the tender document

Telecom space set for 5G, to attract Rs 1.5 trillion investments in 2023

From connecting people with 5G services to lowering cost of operations, and is set to attract more than Rs 1.5 trillion investments to build up networks in the new year

Zydus Life gets final nod from USFDA for generic version of insomnia drug

Zydus Lifesciences Ltd on Friday said it has received final approval from the US health regulator to market its generic version of Triazolam tablets used on a short-term basis to treat insomnia.

Dish TV shareholders reject adoption of FY21, FY22 balance sheets in AGM

Shareholders of Dish TV have again rejected the proposal for the adoption of audited standalone and consolidated financial statements for FY21 and FY22 in the AGM held on Thursday.

Ashneer targets Sequoia Capital India, raises sacked Zilingo CEO's 'ordeal'

In March this year, Zilingo suspended 30-year-old CEO Ankiti over complaints about alleged financial irregularities

What can India's consumer fintech look forward to in 2023?

An SBI report recently said that the use of UPI has jumped 70 times in the past four years. So, should there be charges on UPI fund transfers? And, did the fintech industry come of age in 2022?

Adani's purchase of NDTV founders' stake may test acquisition rules

While the deft legal move shows the ingenuity of the tycoon and his dealmakers in clinching acquisitions - Adani's entry into NDTV 4 months ago was also via an indirect route

A deft legal manoeuvre helped Gautam Adani cement majority stake in NDTV

Adani's entry into NDTV four months ago was also via an indirect route - it could invoke the regulator's scrutiny on grounds that it is unfair to common shareholders

Dish TV appoints ex-bureaucrat Lalit Behari Singhal as independent director

Earlier this month, Dish TV had announced the appointment of three new independent directors to the company's board

Customers saved Rs 1,515 crore using discounts on BigBasket in 2022

BigBasket served a total of 8.5 million households enabled by a fleet of 35,565 delivery partners

Trai recommends 10-year renewal for multi-system operators' registrations

The authority recommends that all such registrations should be deemed to expire after eight months from the date of implementation