Page 1674 - Company News

Air India close to signing deal for 150 Boeing 737 Max jets: Report

Boeing's last mega order in India came in 2021 when low-cost airline Akasa struck a deal to buy 72 737 MAX jets, valued at nearly $9 billion at list prices

Top Headlines: Jet Airways' revival, fiscal deficit in Budget FY24 and more

Business Standard brings you the top headlines at this hour

Drug, medical services firm PharmEasy may lay off hundreds of employees

The company has a total workforce of about 1500

Govt working out transaction structure of RINL strategic sale: Dipam Secy

The government is working out a transaction structure for the strategic sale of RINL or Vizag Steel, Dimpam Secretary Tuhin Kanta Pandey says

Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period

CPSEs are likely to achieve their target as they tend to rush up their spending in March quarter

RCap assets' e-auction to kick off on Dec 19; base bid at Rs 5,300 crore

This is the first time that an e-auction of this scale would take place for a debt resolution under the Insolvency and Bankruptcy Code, 2016

Lenders purposely delaying Jet Airways revival: Jalan-Kalrock tells NCLT

'Can't take off if relief not granted'

YES Bank gets RBI nod to raise capital from Carlyle, Verventa Holdings

YES Bank will now engage with the investors for completion of the proposed capital raise, subject to various regulatory compliances

There's upside potential in Cement sector as prices rise across regions

Analysts expect H2 to be better and infra spending to be hiked in the Budget; benign energy prices and demand improvement are other triggers

Marico to acquire 100% stake in Vietnamese personal care brand Beauty X

To pay Rs 172 cr under the deal, which is expected to be completed by March 31

20 Indian firms in 500 most valuable globally, Reliance top: Hurun report

Apple, worth $2.4 trillion, is the most valuable company, followed by Microsoft with a value of $1.8 trillion: 2022 Hurun Global 500 report

OYO records 83% YoY growth in business travel, Delhi is most-booked city

Younger business travellers such as college graduates and new entrants into the workforce, such as traders and small enterprises, played a key role in the overall business travel recovery process

WeWork India to focus on 6-8 cities, expects to be valued at $2 bn: CEO

Co-working space company 'would love' to go public but has not decided about that yet: Karan Virwani

BharatPe files arbitration to claw back Ashneer Grover's 1.4% shares

Upping the ante, fintech unicorn BharatPe has filed an arbitration for clawing back it's former MD and co-founder Ashneer Grover's restricted shareholding and founder title, sources said

Not worried about being late in launching e-scooter: Yamaha India Chairman

Eishin Chihana tells Business Standard that his company wants to ensure quality and safety first

Srei CoC evaluates bids and finalisation likely in two-three days

The consortium of Varde Partners and Arena has submitted a bid value of Rs 14,000 crore, while National Asset Reconstruction Co Ltd (NARCL) submitted a resolution worth Rs 13,500 crore

NTT India to invest $2 bn in data centres, submarine cable, renewables

NTT India has earmarked around $2 bn to boost information and communications technology infrastructure in the country over the next three-four years, aiming to tap the rise in data consumption

Lupin to enter cardio-vascular therapeutics space in 10 cities by Feb

Move will mark firm's digital healthcare foray 18 months after announcement; firm also plans to enter mental and respiratory illness segments, cover 28-30 cities by CY 2023-end

V-Guard Industries to acquire Sunflame Enterprises for Rs 660 crore

Deal likely to close by mid-Jan 2023, will be funded by mix of internal accruals and debt

Snapdeal defers $152 mn IPO indefinitely citing poor market conditions

Development follows shelving of IPO plans by several notable firms such as Image Marketing (owner of wearable brand Boat), Droom Technology and PharmEasy