Page 1983 - Company News

Bajaj Auto defers share buyback proposal, stock declines over 6%

Company informs stock exchanges that its board 'has decided that further deliberations are required in order to take a decision on the proposal of buyback'

PhonePe sells over 1 mn two wheeler insurance policies on its platform

Sees over 75% of overall insurance purchases from tier 2 & 3 cities

IPL media rights: Package D sold even as bidding war goes on for package C

Package C includes rights for the opening game, final match, three play-offs and weekend double headers, a total of 18-20 of the best matches of each season for the next five years

Volvo Car India sets up solar power panels at Haryana, UP health centres

Volvo Car India on Tuesday said it has set up solar power panels at community and primary health centres in Haryana and Uttar Pradesh

Mukesh Ambani's consumer empire gets a cricket spin with IPL digital rights

The spoils from the digital rights for Indian Premier League cricket, snagged by billionaire Mukesh Ambani's Viacom18 by dethroning Walt Disney & Co. for the next five years

Relocation startup HappyLocate to hire 600 employees this financial year

Tech-based one-stop relocation platform HappyLocate on Tuesday said it is planning to hire over 600 employees this financial year in line with its expansion plans

Bharti Airtel launches India's first 20-screen multiplex. In the Metaverse

Airtel's Xstream multiplex will be a 20-screen platform with access to content portfolios from leading OTT partners available on the application

Google announces startup accelerator programme for women-led startups

The Google's startup accelerator programme for women-focused founders will have two cohorts for this year and each cohort will support 20 women founders

Revival of orders to boost project business, drive gains for Siemens

Siemens' product mix, operating leverage and price hikes to help expand margins.

No plans to exit business, says Metropolis Healthcare promoters

"The company, its promoters and management team are committed to operating Metropolis Healthcare Ltd with the highest standards of medical science, stakeholder trust and customer engagement," the comp

No plans to exit business, clarify Metropolis Healthcare promoters

Metropolis Healthcare is continuously exploring various strategic options and investment

Sequoia raises record $2.85 bn to fund Indian startups, others ventures

Venture capital firm Sequoia India and Southeast Asia has raised $2.85 billion - the highest ever in one tranche by any venture capital fund - to fund startups and other ventures in the region

What makes Essar steel sector's comeback kid amid insolvency proceedings

The $5.7-billion acquisition that closed after an 865-day-long saga was the largest private sector transaction in India in 2019 and the second-largest steel transaction globally that year

From debt trap to steely resolve, Bhushan Steel an outlier in IBC landscape

BSL was admitted for insolvency proceedings on July 26, 2017

IPL media rights likely to open floodgates for Viacom's OTT powerplay

Bidding for non-exclusive rights for the mega cricket league to continue today

RIL-BGEPIL dispute: Govt mulls appealing against English court order

Reliance and BGEPIL on Dec 16, 2010, dragged the govt to arbitration over cost recovery provisions, profit due to the state and amount of statutory dues including royalty payable

Tata Steel unveils 7 mn pound green investment plan for UK steel tube mill

Tata Steel has unveiled a 7-million pound investment plan for its Hartlepool Tube Mill in north-east England that the Indian steel major says will cut carbon emissions, improve capacity and reduce cos

AAI seeks waiver of mandatory annual dividend payment for 2021-22 fiscal

Airports Authority of India (AAI) has requested the government to waive the compulsory dividend payment requirement for the financial year ended March 2022

Srei group transaction auditor reports Rs 3,025 cr fraud in FY20 and FY21

Srei Equipment Finance said its administrator has received a report from the transaction auditor about certain fraud transactions in FY20 and FY21, bearing a monetary impact of over Rs 3,025 crore

NCLAT rejects Amazon plea against CCI order, directs to pay Rs 201 cr

The deal involves a Rs 1,431-crore investment by the US major to purchase a 49 per cent stake in Kishore Biyani-led Future Coupons Pvt Ltd (FCPL) in 2019