Page 1696 - Company News

Adani group to refinance ACC, Ambuja Cement debt of $3.5 billion

Adani currently holds 63.15 per cent stake in Ambuja Cement and 56.69 per cent in ACC

Jindal, Adani, Mittal line up more projects and investments in Odisha

The spirit was matched by industrialists - the who's who of India Inc who were present on Thursday, the first day of the investment conclave

E-scooter race: TVS, Bajaj all charged up, notch up 10K registrations

The two key incumbent players, TVS Motors and Bajaj Auto, now account for around 15 per cent share of registrations in the month of November

BCG carves out a new unit for its digital transformation capabilities

The global consulting major said the new unit will bring together nearly 3,000 technologists, builders, and designers

Independent valuations 70% more than bankrupt Reliance Capital bids

In November last year, the Reserve Bank of India had sent the company to debt resolution after it defaulted on its loans worth Rs 24,000 crore

Two-wheeler sales extend recovery; Hero MotoCorp posts 15.5% growth

This is the eighth consecutive month of increase in sales in the world's largest market for scooters and motorcycles

RBI conditional approval to Carlyle, Advent's stake buy in YES Bank

The fund-raising would be conducted through a combination of $640 million (Rs 5,100 crore) in equity shares and $475 million (Rs 3,800 crore) through equity share warrants, YES Bank had said

Citi deal may be complete in May: Axis Bank MD & CEO Amitabh Chaudhry

In March 2022, Axis Bank said it would purchase Citi's retail business in a transaction worth Rs 12,235 crore

Govt to launch 4th tranche of Bharat Bond ETF from Fri, to mature in Apr

The government will launch the fourth tranche of Bharat Bond ETF, India's first corporate bond exchange traded fund, from Friday

Consumer durable demand outlook likely to remain weak in Q3FY23

While input costs have eased, lower volumes could impact margins

JSW to invest Rs 1 trillion in Odisha in various sectors: Sajjan Jindal

The JSW Group is committed to invest Rs 1 trillion in Odisha in various sectors, including for a mega greenfield steel plant project in Paradip, said its Chairman Sajjan Jindal here on Thursday

Paytm expects blended payment margin to stabilise at 5-7 bp on GMV

Digital financial services firm One97 Communications, which operates under Paytm brand, expects its blended net payment margin to stabilise at 5 to 7 basis points due to increase in share of UPI

Tata Play becomes first firm to file confidential papers with Sebi for IPO

Offer document open to scrutiny only by regulator, exchanges; the Walt Disney Company-led firm eyeing a Rs 3,000-crore IPO

Amazon to set up 300-Mw hybrid RE project in Madhya Pradesh, Karnataka

These projects are expected to generate 1,163,000 megawatt hours of clean energy, which is the equivalent amount of electricity needed to power 380,000 average-sized households in New Delhi each year

More price increase unlikely this financial year: Britannia MD Varun Berry

Berry told Business Standard in an interview that the company was aiming to increase its revenues from cheese products by five times within the next five years

Govt to sell 50.79% in NMDC's steel plant at Nagarnar, invites bids

The last date for submitting queries by interested bidders is December 29, 2022, and that for submission of bids is January 27, 2023 as per the expression of interest (EoI)

Coca-Cola India partners with Adani Digital Labs for product sampling

Beverage major Coca-Cola India on Thursday said it is partnering with Adani Group subsidiary -- Adani Digital Labs -- to optimise the reach of its brands to consumers across the country.

Hero MotoCorp wholesales rise by 12% to 390,932 units in November

The country's largest two wheeler maker Hero MotoCorp on Thursday said its wholesales increased by 12 per cent to 3,90,932 units

Tata Steel will continue to invest in Odisha, says CEO T V Narendran

Tata Steel which has make investments of over Rs 75,000 crore in Odisha will continue to invest in the state which has 25% of India's total steel making capacity, its MD & CEO T V Narendran said

SJVN, Grid Corporation of Odisha to form JV for hydro, solar projects

State-run SJVN Ltd said its arm SJVN Green Energy and GRIDCO will form a joint venture to develop a 1,000 MW hydro electric project and 2,000 MW solar project entailing an investment of Rs 20,000 cr