Page 1861 - Company News

Control of NDTV not transferred to VCPL via loan agreement, says SAT

Against the backdrop of an attempted takeover of NDTV by Adani Media Works, a Securities and Appelate Tribunal (SAT) order of July 20, 2022 assumes significance

CEO Parag Agrawal lashes out at ex-employee Zatko's claims about Twitter

Twitter's CEO Parag Agrawal has lashed out at the company's former head of security, Peiter 'Mudge' Zatko, saying his false claims are "riddled with inconsistencies and inaccuracies"

Maruti recalls 166 Dzire Tour S sedans over possible defects in ACUs

"The recall is being undertaken to replace ACUs, free of cost, in these vehicles," the company noted in a statement to BSE

Tata Sons may have to write off Rs 2,600 cr AirAsia India's losses: Report

Tata Sons will likely have to write off Rs 2,600 crore in form of accumulated losses for AirAsia India, which Tata Group-owned Air India has proposed to fully acquire

Twitter reshuffles 'health' team amid spam bot, toxic content debate

The reorganization of the toxic content and spam teams "reflects our continued commitment to prioritize, and focus our teams in pursuit of our goals," a Twitter spokesperson said

Creditors file claims worth Rs 21,324 cr against Future Retail before IRP

Creditors of Future Retail Ltd have submitted claims worth Rs 21,324.18 crore against the debt-ridden company presently facing an insolvency resolution process

SpiceJet exploring stake sale to raise Rs 2,000 cr, says CMD Ajay Singh

SpiceJet is looking to raise investments from external parties, including airlines, said Ajay Singh on the sidelines of an ASSOCHAM event

Mamaearth tops revenue growth among Hurun list of PE investee companies

Posts nearly 500% YoY increase, followed by integrated pharma firm Encude Ethicals, at 343%; Sequoia Capital is the top investor, Norwest Venture Partners and Tiger Global in second spot.

Adani to acquire 29.18% in NDTV; makes Rs 493-cr open offer for another 26%

This came as AMNL's wholly-owned subsidiary VCPL had warrants of RRPR Holding Pvt Ltd, the holding company of NDTV

Growth guidance may help PI Industries maintain 'outperformance'

Despite cost pressures, the company was able to expand margins in Q1

Big tech under Parliamentary panel lens for alleged anti-competition play

Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.

Canara Bank to raise up to Rs 3,500 crore through Tier II bonds

Its last capital raise via Tier II bonds for Rs 2,500 crore was in December 2021 at coupon of 7.09 per cent

Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights

The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

Audi to hike prices by up to 2.4% next month as supply chain costs rise

The company recently opened online bookings for Q3 in India

AirAsia India to use CAE's AI training system to train pilot

CAE Rise enables translation of simulator training data into valuable insights for instructors.

E-commerce firm Meesho eyes to become profitable in 1-2 years: Exec

The target comes at a time when funding for start-ups is in the slow lane

Reliance Retail enters general trade with its own FMCG grocery brands

In the non-foods space, it has entered the personal care and home care business

Tata Sons pegs AGR liabilities of two telecom firms at Rs 19,638 cr

Tata Teleservices, one of the first to start wireless telephony services in India, becomes cash burner for group

Taiwanese fab major PSMC looking to set up semiconductor plant in India

PSMC is one among several global fab companies interested in taking advantage of the government's incentives to set up semiconductor units in the country.

Plugging gaps: Vulnerabilities in browsers and how users can dodge them

Google's Chrome browser, older iterations of Apple's iOS and Mac OS operating systems, and some versions of the Android operating system need to be urgently updated and patched.