Page 2067 - Company News

Reliance buys 15 mn barrels of Russian oil amid Ukraine war: Report

Western sanctions against Russia since its Ukraine invasion have prompted many oil importers to shun trade with Moscow.

How JCB rose to become the Xerox of bulldozers over a span of two decades

JCB India's revenues jumped from Rs 4,500 cr in 2010-11 to nearly Rs 12,000 cr in 2020-21, while profits surged from Rs 483 cr to Rs 1,500 crore

Govt to finalise Pawan Hans sale Saturday, JSW among bidders: Report

The asset sale plan will help bridge the budget gap and meet spending targets as the economy faces fresh headwinds from the geopolitical tensions

Amazon bets big on social commerce, acquires women-focused startup GlowRoad

The acquisition would help Amazon compete with Flipkart's Shopsy platform and social commerce firms such as Meesho, DealShare, BulBul, Mall91, and simsim.

Adani Ports buys Ocean Sparkle for Rs 1700 cr through Adani Harbour Svces

Ocean Sparkle is a leading player in towage, pilotage, and dredging with an asset base of 94 own vessels and 13 third-party-owned vessels

India's biggest bullion refiner forays into silver for industrial use

The plant will produce more than 100 million pieces of contacts this financial year, with plans to double output by the end of March 2024, he said

Majority of Future Retail secured creditors reject Reliance deal

Shareholders, unsecured creditors back the proposal

VC investments fall 25% sequentially in Q1CY22: KPMG's Venture Pulse report

Rising commodity prices, geopolitical uncertainty weigh on sentiment: KPMG report

ICICI Lombard General Insurance stock falls as Q4 show disappoints

Analysts though appear positive with their target prices indicating 22-25% upside

Couldn't articulate benefits of HDFC-HDFC Bank merger clearly: Keki Mistry

Says HDFC will have the benefit of distribution at all 6,500 branches of the bank. Today not all the branches of HDFC Bank source housing loans from HDFC

HDFC twins are trading at historic valuation discount vs Sensex

Analysts expect trend to persist till FY23 end, in light of headwinds

Auto components maker Sundram Fasteners' Q4 profit drops 24% to Rs 107cr

The company had reported a consolidated net profit of Rs 140.80 crore in the same period of the 2020-21 fiscal

Decoded: Amway's ED troubles turn focus on direct-seller vs pyramid model

The company maintains the action was related to a case in 2011 and it has been cooperating with the investigative agency

No performance riders on ESOP grants to founders of India's new-age firms

Experts question why such endowments in India's new-age companies are not comprehensively linked with performance targets

Secured creditors of Future Retail reject deal with Reliance Retail

A majority of 69.29 per cent of secured creditors of FRL voted against the resolution while 30.71 per cent voted in favour: Company.

Agrochemicals firm Rallis India's stock tumbles over 10% after Q4 earnings

The stock tanked 9.69 per cent to settle at Rs 253.85 on the BSE. During the day, it tumbled 10.28 per cent to Rs 252.20

Akshay Kumar's Vimal U-turn is not in good taste, say brand experts

Given Kumar's passion for fitness, the endorsement was peculiar from the get-go, brand experts say

Ekki pumps names Warwick varsity's Sujit Banerji as chief advisor

Prior to his role as Emeritus Professor at the University of Warwick, he spent more than 30 years with IBM

TCS aims to be world's largest IT company; says large-scale ops not a worry

The comments from the TCS chief are significant because this means that the Tata Group would displace Accenture which had reported over $50 billion in revenue last year

Nykaa spends Rs 50 crore to acquire Earth Rhythm, two other brands

Also picks up stakes in Nudge Wellness and Kica