Page 1733 - Company News

Top headlines: Adani to build plants in SL, active Indian firms near 1.5 mn

Business Standard brings you the top headlines this hour

Adani to build power plants in SL, challenge China in support for Modi

Adani has been accused by some Lankan lawmakers of signing opaque port, energy deals closely tied to India's interests, something his group has always denied, saying investments meet Sri Lanka's needs

Active companies in India close to 15,00,000, registrations fall in Sept

The Finance sector showed a small rise of 0.9 per cent in the number of active companies

65% of passengers want cap on airfares, says LocalCircles survey

Sixty-five per cent of surveyed passengers want the civil aviation ministry to reintroduce a cap on airfares, according to a survey carried out by LocalCircles

TCS plans to expand footprint in Illinois, create 1,200 jobs by end of 2024

More than 3,000 Illinoisans currently work for TCS - including 1,100 who were hired within the last five years

Shriram Group merger gets NCLT nod; new entity to take birth by Nov-end

The group is preparing to announce the birth of the new entity called Shriram Finance by the third week of November

Meta's Indian employees go all out on Twitter after lay-off email

The number of layoffs in India could not be confirmed

Amazon becomes world's first listed firm to lose $1 trillion in market cap

Amazon and Microsoft Corp. were neck-and-neck in the race to breach the unwelcome milestone, with the Windows software maker close behind after having lost $889 billion from a November 2021 peak

Adani, Reliance among 15 bidders in race to buy Future Retail's assets

Capri Global Holdings, OP Jindal group's Nalwa Steel and Power, Shalimar Corporation among companies expressing interest

Mahindra Holidays looks to check in non-members with new hotel brand

To be positioned in the upper upscale band of the leisure segment, the hotel will compete with the likes of Pullman and Courtyard by Marriott

Edelweiss to slash wholesale loan book to Rs 2,900 crore in 2 years

In a filing with BSE, the company said improved macro environment and sell-down capabilities were driving faster book reduction

Rated Indian infrastructure firms most exposed to currency risk: S&P

Much of corporate portfolio has dollar-linked revenue and is not exposed to rupee depreciation

Amagi's valuation crosses $1.4 bn amid funding woes, raises $100 mn

The media technology provider has raised over $100 mn in investment, inclusive of $80 million in primary capital, from global growth equity firm General Atlantic

Adani Power inks pact to sell 100% stake in SPPL to ACX for Rs 1,556 cr

The expected timeline for completion of sale/disposal is end of January, 2023

Radisson Hotel Group to launch mid-scale brand Park Inn & Suites

Currently, Radisson Group has more than 150 hotels in operation and development across over 60 locations in the Indian market

Bombay HC: Prima facie removal of Kochhar as ICICI Bank CEO valid

In the order the Judge said that the bank was justified in revoking acceptance of early retirement of Kochhar as they had accepted it without having complete knowledge of the facts

BSNL tops list of CPSEs with highest pending dues to small firms

The micro, small, and medium enterprises (MSME) ministry has created a portal where these firms can file applications online regarding delayed payments

External commercial borrowing of India Inc may stay muted in FY23

Approvals may be $30-35 bn in FY23, says ICRA

After strong Q2, uptick ahead for agrochemical major PI Industries stock

After a sharp rally, valuations reflect the strong Q2 show

SAT relief for Bombay Dyeing and Wadias in Sebi market ban case

Tribunal stays order restraining company and promoters from capital markets for 2 years