Page 2064 - Company News
Chandra re-appointment: Mistrys abstain from voting at Tata Sons EGM
The majority of Tata Sons shareholders vote for directors' appointment
 "Chandra re-appointment: Mistrys abstain from voting at Tata Sons EGM")
Zee Learn stock tumbles over 18% after Yes Bank seeks insolvency
Private sector lender Yes Bank has moved NCLT seeking initiation of insolvency proceedings against Zee Learn, according to a regulatory filing
 "Zee Learn stock tumbles over 18% after Yes Bank seeks insolvency")
EV maker One Moto India ties up with Royal Sundaram General Insurance
Under the tie-up, One Moto India customers will be able to avail an add on cover-depreciation waiver that enables them full claim without deduction, to their motor policies issued by the brand
 "EV maker One Moto India ties up with Royal Sundaram General Insurance")
What does the Future deal collapse mean for Amazon and Reliance?
The battle between Amazon and Reliance over Future Group took another twist when Reliance abandoned its plan to acquire the firm. What would this mean for the retail ambitions of Amazon and Reliance?
 "What does the Future deal collapse mean for Amazon and Reliance?")
Indian lenders worried over Future group's diminishing asset base
Future group shares crash as bankruptcy looms, putting entire shareholders' wealth at risk
 "Indian lenders worried over Future group's diminishing asset base")
TCS, Infosys come to terms with reality of real-time recruiting
The process runs unabated on a loop for large parts of the year, aided by online platforms
 "TCS, Infosys come to terms with reality of real-time recruiting")
Paytm brings on board Srinivas Yanamandra as regulatory head
Yanamandra is a member of the policy working group of the Digital Currency Global Initiative, which is a collaboration between Stanford University and the International Telecommunication Union
 "Paytm brings on board Srinivas Yanamandra as regulatory head")
Metal stocks feel the heat of conflicting trends across commodity markets
Analysts are now taking note of a few developments that could lead to demand reduction; Nifty Metals Index, with 2.85% fall on Monday was the top loser among sectoral indices
 "Metal stocks feel the heat of conflicting trends across commodity markets")
Truemeds raises $22mn in series B funding round led by Westbridge Capital
The company plans to utilise the funds to accelerate growth in the untapped domestic market and expand its coverage across the country
 "Truemeds raises $22mn in series B funding round led by Westbridge Capital")
Adani-owned Mumbai International Airport begins revenue sharing with AAI
While DIAL pays 45.99 per cent of its revenues as fees to the AAI, for MIAL it is 38.70 per cent
 "Adani-owned Mumbai International Airport begins revenue sharing with AAI")
Russia-Ukraine war may expose 42% India firms to significant risks: Moody's
The military conflict between Russia and Ukraine is impacting companies in Asia Pacific
 "Russia-Ukraine war may expose 42% India firms to significant risks: Moody's")
MG Motor India partners with BPCL to bolster EV charging infrastructure
Automaker MG Motor India on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) to bolster EV charging infrastructure across the country.
 "MG Motor India partners with BPCL to bolster EV charging infrastructure")
Yes Bank files plea for insolvency proceedings against Zee Learn
The company said that Yes Bank Ltd has allegedly claimed that the total amount in default with respect to a financial facility is Rs 468 crore
 "Yes Bank files plea for insolvency proceedings against Zee Learn")
IT company Cyient to acquire Finland-based Citec for nearly Rs 800 cr
Cyient said that it will be the largest outbound acquisition by an Indian engineering services company and even the company's largest acquisition to date
 "IT company Cyient to acquire Finland-based Citec for nearly Rs 800 cr")
Akasa Air to launch flight operations in July instead of June
The commercial flight operations of Rakesh Jhunjhunwala-backed Akasa Air will be launched in July instead of June.
 "Akasa Air to launch flight operations in July instead of June")
Hero Electric to deploy 1,000 electric scooters to EVIFY in next two years
Hero Electric on Monday said it has joined hands with EVIFY, a tech-enabled electric vehicle-based logistics company.
 "Hero Electric to deploy 1,000 electric scooters to EVIFY in next two years")
Eveready posts loss in March quarter, initiates steps for 'quick' recovery
Firm is also undergoing a change of control, with the Burman Group intent on taking charge
 "Eveready posts loss in March quarter, initiates steps for 'quick' recovery")
Institutional investment in realty at $63 billion since 2006, says JLL
"The series of reforms that started in 2014 led to increased capital flows over the years
 "Institutional investment in realty at $63 billion since 2006, says JLL")
Swiggy starts accelerator plan for delivery execs to assume managerial jobs
It's an industry-first move that will give such execs fixed pay and additional benefits; others likely to follow suit with similar schemes
 "Swiggy starts accelerator plan for delivery execs to assume managerial jobs")
Delhi HC stops Punjab & Sind Bank from acting on SREI loan reclassification
Sources say the order will help SREI preserve the resolution process while protecting lenders and stakeholders from any value erosion on account of such unnecessary reclassification
 "Delhi HC stops Punjab & Sind Bank from acting on SREI loan reclassification")