Page 1860 - Company News

Uber India created Rs 44,600 cr in value for economy in 2021: Report

Study commissioned by ride-hailing firm says its services help riders, drivers and communities save money and time

Newsmaker: Clock clearly ticking for Prannoy Roy in NDTV ownership battle

On Tuesday the Adani group announced it had exercised rights to acquire an indirect stake of 29.18 per cent in the company

How BSNL can turn around its fortune post Rs 1.64-trn govt package

The company must overcome poor technology decisions imposed on it and bridge the gap with private sector competitors

Boeing says its Super Hornet fighter makes economic and operational sense

Reveals plans to indigenise components and sub-systems, bolstering its Make-in-India claims and building on a successful track record of contributing to India's indigenous aerospace and defence

Lupin gets USFDA approval for Formoterol Fumarate Inhalation Solution

The company has received approval from the USFA for the product which is a generic version of Mylan Specialty's Perforomist Inhalation Solution, the Mumbai-based drug maker said in a statement

How an unpaid loan aided Adani firms to make hostile takeover bid for NDTV

VCPL had loaned Rs 403.85 cr to RRPR Holding Pvt Ltd. Against this interest-free loan, RRPR issued warrants to VCPL entitling it to convert them into a 99.9% stake in RRPR in case it isn't paid-back.

Vedanta not to prune $2-bn capex target for FY23: CEO Sunil Duggal

Vedanta has planned a total investment of around USD 2 billion in its zinc, oil and gas, and aluminium businesses in FY23.

Tata Neu, HDFC Bank partner to launch two co-branded credit card variants

Tata Neu customers can apply for the cards on the Tata Neu app and access its key details; Each of the two variants of the card will be available on both RuPay and Visa networks

Top headlines:Nitish wins trust vote; DreamFolks IPO sails through on Day 1

Adani Green Energy Ltd., one of the seven listed units of Gautam Adani's ports-to-renewables empire, has seen its debt-to-equity ratio balloon to the second-highest in Asia

Adani Green's 2,021% debt-equity ratio is second-worst in Asia: Report

The Gujarat-based company's debt-to-equity ratio is only behind China's Datang Huayin Electric Power Co., which has a ratio of 2,452%, among 892 listed companies in Asia, according to Bloomberg data

Target, acquirer, board of directors: Understanding a hostile takeover

While some people refer to Adani's acquisition of a stake in NDTV as a hostile takeover, others disagree. Read more to find out what a hostile takeover is

TVS to acquire 48% stake in two-wheeler startup DriveX for Rs 85 cr

Founded by Formula 1 driver Karthikeyan, DriveX is into leasing of two-wheeler motorcycles and scooters and selling, trading, and distributing pre-owned two-wheeler motorcycles and scooters.

How Adani Group moved stealthily to acquire NDTV stake: An explainer

At the heart of Adani Group's two-stage plan to snap up a majority stake in NDTV is a little-known Indian company called Vishvapradhan Commercial Private Limited, founded in 2008

Servify raises Rs 520 crore in new round; aims for IPO in two years

The startup, which serves global brands like Samsung and Apple, would have achieved the 'unicorn' status after this round itself, if not for a few challenging conditions set by investors.

Vistara to launch non-stop flights between Mumbai, Abu Dhabi from Oct 1

Full service carrier Vistara will start daily non-stop flights between Mumbai and Abu Dhabi from October 1

WealthTech firm Liquide raises $2.2 mn pre-seed led by M Venture Partners

Funds will be used to build a plug and play stock advisory layer to power existing brokerage accounts such as Zerodha, Upstox and Groww

SaaS solutions provider RevSure.AI raises $3.5 mn in seed funding

The investment was led by Innovation Endeavors, with participation from angel investors

SBICAP Securities name Deepak Kumar Lalla as its CEO, replaces Yadav

SBICAP Securities named Deepak Kumar Lalla as its managing director and chief executive, replacing Naresh Yadav

After Adani Group's acquisition, here's a look at the brief history of NDTV

NDTV was India's first private producer of news and current affairs shows. Founded by Radhika Roy and Prannoy Roy, it was incorporated on September 8, 1988, as New Delhi Television Private Limited

Asia's richest man Adani's conglomerate on deals spree in India, abroad

Indian billionaire Gautam Adani, Asia's richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV)