Page 1723 - Company News

Creditors realise Rs 2.43 trn via insolvency resolution process till Sep

The report also added till September 2022, 740 CIRPs have been withdrawn under the provisions of section 12A of the Insolvency and Bankruptcy Code

Walmart Foundation declares $2 mn grant for strengthening 60 women-led FPOs

This is the second project the Walmart Foundation is supporting after the success of the LEAP (Livelihoods Enhancement through Market Access and Women Empowerment) programme

Sebi asks IHH Healthcare to proceed with open offer for Fortis after HC nod

The company is waiting for a go-ahead to proceed with its stalled open offer to acquire an additional 26.1 per cent stake in Fortis

BPCL's former Chairman Arun Kumar Singh to be the next head of ONGC

If his selection is approved, Singh will get three years as head of the cash-rich PSU (Public Sector Unit)

Tata Motors bags order for BS VI diesel 1,000 buses from Haryana govt

Tata Motors on Thursday said it has bagged an order for 1,000 buses from Haryana Roadways

M3M expects Rs 5,000 cr in sales through 13-acre land acquired in Noida

Real estate firm will invest Rs 2,400 cr in mix-use project of housing, retail and service apartments

Jeep India working on next set of portfolio for domestic market

The US marquee on Thursday launched the 2022 edition of Grand Cherokee, priced at Rs 77.50 lakh in the Indian market

India's TWS shipments double year-over-year in Q3, boAt leads: Report

Indian brands grew 143 (year-over-year) in Q3 driven by boAt, Noise, Mivi, Boult Audio and Ptron, while Chinese brands saw an increased share of 13 per cent in Q3

Gautam Adani may set up family office overseas to manage ballooning wealth

The Adani family is currently talking to consultants and tax experts about the plans, the people said

DSP Investment Managers to acquire 10% stake in Equitas Small Finance Bank

The proposed acquisition of shares by DSPIM would be consequent to the scheme of amalgamation of Equitas Holdings (holding company) with the bank

Coal India banks on South Eastern Coalfields for output in Chhattisgarh

CIL has set a target of 700 million tonnes (MT) for FY23

Alstom to design, manufacture 312 metro cars for Delhi Metro Phase IV

Alstom said it has delivered more than 800 metro cars that are in service for the Delhi Metro network

Former Twitter CEO Dorsey tweets 'nobody knows anything', Musk reacts

The first two weeks of Musk's ownership of Twitter have been marked by rapid change and chaos

Looking into financial disclosures of Byju's: ICAI head Debashis Mitra

The development comes against the backdrop of Lok Sabha member Karti Chidambaram flagging concerns about the financials of the edtech startup

Maruti Suzuki joins hands with IIT Bombay to drive innovation programmes

The auto major said it has inked a memorandum of understanding (MoU) with Society for Innovation & Entrepreneurship (SINE), IIT Bombay to expand the reach of its innovation programs for startups

SoftBank sells 4.5% stake in Paytm for $200 million, says report

SoftBank's sale of 29.35 million shares at that price amounts to a total consideration of $200 million, according to Reuters calculations

HDFC Capital concludes 2nd H@ART summit; commits investments to 15 startups

The HDFC Capital through its H@ART platform has committed to more than 15 investments in Indian prop-tech startups and has already invested in companies like Loyalie and HomeExchange

Indian refiners wary of buying Russian oil after Dec 5 as EU sanctions loom

The Asian giants, who are two of the world's top three importers, had become Russia's biggest customers after the West shunned Russian oil after the outbreak of war in Ukraine

LIC's move to sell Reliance Capital's debt to ARC upsets lenders, bidders

LIC's move to sell its Rs 3,400 crore secured principal debt of cash-strapped Reliance Capital Ltd (RCL) to an asset reconstruction company (ARC) has irked its lenders and bidders

Bajaj Auto eyes south east Asia to take e-scooter space by storm

Bajaj's presence in this market in ICE vehicles has been limited till now because the region is essentially a step-through two-wheeler and scooter market