Page 1671 - Company News

Highest number of IPO listings in 2022 recorded in November: Report

The year has had 32 offerings with an issue size of $7.6 billion, according to Grant Thornton Bharat's Dealtracker

BharatPe CEO enjoying life with money I raised, fails to grow: Ashneer

Despite Delhi High Court's, Ashneer Grover took a serious dig at Suhail Sameer, saying the BharatPe CEO is unable to help the fintech firm grow

Paytm lending biz at annualised run rate of $4.8 bn, disburses 6.8 mn loans

The usage of Paytm Super App has also hit another high as the company said its average monthly transacting users is at 84 million for the two months ended Nov 2022

Reliance Jio joins OnePlus to bring 'True 5G' tech ecosystem to India

The Jio and OnePlus teams have been actively working together at the backend to make 5G technology more accessible to the consumers

Abu Dhabi Investment Authority to invest nearly $400 million in Lenskart

ADIA in advanced talks with Lenskart for an investment of up to $350 million to $400 million

Deloittee CEO to focus on India, climate crisis solutions after retirement

Punit Renjen, who recently announced his retirement as Deloitte Global CEO, has said that his future endeavours would include India in particular on nature-based solutions to the climate crisis

Tata group to open 100 small, exclusive Apple stores in India: Report

Apple is in talks with Tata-owned Infiniti Retail, which runs Croma stores, to open the Apple stores spreading across 500 to 600 sq ft

Air India nears historic order for up to 500 jets from Airbus and Boeing

The orders include as many as 400 narrow-body jets and 100 or more wide-bodies, including dozens of Airbus A350s and Boeing 787s and 777s, industry sources say.

Elon Musk to sue Twitter employees for leaking company info to media

Elon Musk has reportedly threatened to sue Twitter employees who leak company information to the media and has told them to sign a pledge indicating they've understood him clearly

Drug regulators, pharma firms step up action on fake and substandard drugs

Detection of spurious and substandard drugs was up by 47% from 2020 to 2021, according to an ASPA Report

Srei CoC offers window for resolution applicants to revise bids by Dec 15

The Consolidated Committee of Creditors (CoC) of two debt-ridden Srei companies are likely to ask bidders to improve their resolution plans by December 15, a top official said

Tata Projects to build EPC solutions as it steps up green hydrogen focus

MD Vinayak Pai says firm will not deploy its own capital in this space, but will work with customers who are ready to invest in these projects

Shipping Ministry seeks advice on letting APSEZ bid for govt tenders again

Ministry is concerned about wider repercussions of Supreme Court decision to revoke the firm's disqualification

At $171 billion in 2022, India Inc clinches highest ever yearly M&As

Domestic deals to fuel M&As in the new year as global slowdown looms

Myntra gets 130,000 first-time shoppers from non-metros on Day 1 of sale

Fashion e-tailor Myntra on Sunday said it recorded 1.3 lakh first-time shoppers from non-metros on the first day of its flagship End of Reason Sale (EORS)

Crucial for India to secure its nickel needs, says Jindal Stainless MD

Firm's MD Abhyuday Jindal says next milestone after completing expansion would be to achieve 100% capacity utilisation, after which it may look at backward integration

Team MRF Tyres bags European Rally Championship Award

Team MRF Tyres has bagged the European Rally Championship 2022 Awards here at the prestigious Federation Internationale de l'Automobile (FIA) Gala

Raymond Realty's performance has silenced critics, says Gautam Singhania

Real-estate firm Raymond Realty's commitment and on-time delivery of houses has 'silenced critics', Raymond group chairman and MD Gautam Singhania said

Jaiprakash Associates board meet to sell cement units on Monday

Dalmia Cement is a front runner to acquire the company apart from the Adani group and Aditya Birla group were also in the fray

M3M India buys 1.3-acre land in Gurugram for Rs 200 cr commercial project

Realty firm M3M India has acquired 1.3-acre land parcels in Gurugram for about Rs 200 crore to build a luxury commercial project, primarily retail space