Page 1978 - Company News

Top headlines: IBBI amends rules, yield curve inverts in the US, and more

As investors and the bond market brace for a sharp hike in policy rate by central banks to fight inflation, the yield curve has inverted in the US

Will make IPL available to every Indian, says Viacom18 after bid win

Globally, Viacom18 has won television as well as digital rights in three (Australia, South Africa, UK) out of five international territories, including major cricketing nations

Yes Bank seeks shareholders' nod for raising up to Rs 10k cr debt capital

Also, the bank will seek shareholders' approval for amendments to the Employees Stock Option Scheme (YBL Employee Stock Option Scheme 2020).

Near-term growth challenges to weigh on Tata Communications stock

Higher investments may cap margins in the near term

Cerebral OTT: How SonyLIV beat streaming biggies Netflix and Amazon

Last week, two years after it was relaunched, SonyLIV clocked 18.2 million subscribers

Jio-bp to power Zomato's commitment to have 100% EV fleet by 2030

Jio-bp will provide EV mobility services to Zomato along with access to 'Jio-bp pulse' branded battery swapping stations for last mile delivery

Indo-German startup Nunam deploys Audi's used batteries in e-rickshaws

The startup's primary goal is to develop ways to use old batteries as second-life power storage systems, thus extending their lives and using resources more efficiently

Edtech unicorn Upgrad doubles valuation with $225-mn funding round

India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC

GE arm buys 49% stake in Continuum's onshore wind project in Gujarat

This transaction marks GE EFS' first onshore wind equity investment in Gujarat through a structured preferred equity solution, the company said in a statement

IPL media rights: Strategic time-out for media giants Disney, Viacom

The two media giants see very different gains from their bets on IPL media rights

Adani Transmission's $700-mn revolving facility gets 'green loan' tag

Adani Transmission Limited (ATL) on Wednesday said its $700 million revolving loan facility has been tagged as 'green loan' by Sustainalytics

Inadequate infrastructure continues to impede IBC implementation

A paper by the Insolvency and Bankruptcy Board of India (IBBI) said the time taken between filing of an insolvency application and its admission increased to 650 days in financial year 2021

Reliance on top after Viacom's media rights purchase in IPL e-auction

In a first, broadcaster is subsidiary of team owner; experts say these are mutually exclusive franchises

IPL team owners may sell stake as valuations rise post mega auction

Analysts predict team valuations to touch Rs 7,500 cr to 9,000 cr given improved economics

France's Airbus close to clinching Air India deal for 50 A350 aircraft

The first aircraft is likely to be inducted by first half of 2023

'One of the largest sporting destinations': Viacom18 on bagging IPL rights

BCCI had announced that India digital rights for IPL were acquired for Rs 20,500 crore by Viacom18, which also won the non-exclusive Package C by paying Rs 2,991 crore more.

Gig jobs see surge in demand in sales and marketing across sectors

Quick commerce, healthtech, fintech and ecommerce are top sectors in Indian gig space

Little choice for beverage cos but to import paper straws as deadline looms

Cost of importing paper straws goes up significantly as India doesn't have capacities to manufacture paper straws yet

Mega 5G spectrum auction gets Cabinet nod: What lies ahead for stakeholders

The telecom industry is expected to shell out around Rs 1-1.1 trillion on the 5G auction, despite telcos' reservations over high spectrum prices, Icra said

Amazon's new India chief pulled plug on cricket, not the country

Amazon pulled the plug before the IPL auction started and decided those billions would be better spent on Amazon's e-commerce business