Page 2108 - Company News
Top headlines: JioMart Express pilot to start, the oil price conundrum
Business Standard brings you the top headlines at this hour
 "Top headlines: JioMart Express pilot to start, the oil price conundrum")
ONGC sells Russia's Sokol oil to Hindustan Petroleum, Bharat Petroleum: Rpt
Indian companies are snapping up Russian oil as it is available at a deep discount after some companies and countries shunned purchases from Moscow due to sanctions against Russia
 "ONGC sells Russia's Sokol oil to Hindustan Petroleum, Bharat Petroleum: Rpt")
Tata Steel board approves appointment of Noel Naval Tata as vice-chairman
Noel Tata is also the chairman of Tata International Limited, Voltas Limited, Tata Investment Corporation Limited and the vice-chairman of Titan Company.
 "Tata Steel board approves appointment of Noel Naval Tata as vice-chairman")
FMCG categories see sharp downtrading in markets, shows data
According to Bizom, four out of six categories tracked are witnessing downtrading in rural markets, while five of six in urban markets have also seen a similar trend.
 "FMCG categories see sharp downtrading in markets, shows data")
CIL allays supply shortfall fears, says making efforts to meet coal demand
Allaying fears of coal supply shortage, state-owned Coal India on Monday said it is concentrating its efforts to meet the projected demand of the power sector on priority basis.
 "CIL allays supply shortfall fears, says making efforts to meet coal demand")
ITC stock shines on improving growth outlook: Here are the key triggers
Steady cigarettes demand, rising agri exports, better prospects of hotels and paper businesses, low valuation and reasonable dividend yield key triggers
 "ITC stock shines on improving growth outlook: Here are the key triggers")
JioMart Express pilot to start this week as quick deliveries demand rises
The pilot is expected to begin with select numbers in Navi Mumbai and will eventually be rolled out in phases to include the rest of Mumbai and another one or two cities in the next one to two months.
Reliance Jio close to sealing 5G deal with South Korean major Samsung
Samsung and Reliance have taken the crucial steps towards a collaborative effort by starting 5G test trials in Mumbai, a key city in the 5G sweepstakes.
 "Reliance Jio close to sealing 5G deal with South Korean major Samsung")
Singapore-based e-commerce platform Shopee shuts India operations
The official reason given by Singapore-based e-commerce platform Shopee, which is controlled by NYSE-listed Sea Ltd, is changing global sentiments
 "Singapore-based e-commerce platform Shopee shuts India operations")
Aurobindo Pharma acquires Veritaz' domestic business for Rs 171 cr
Move marks Aurobindo's increasing focus on Indian market
 "Aurobindo Pharma acquires Veritaz' domestic business for Rs 171 cr")
Tata Capital Healthcare Fund II receives commitments worth Rs 955 cr
This is a follow-up to the Tata Capital Healthcare Fund I, which had raised Rs 411 crore in 2012
 "Tata Capital Healthcare Fund II receives commitments worth Rs 955 cr")
Reliance Jio announces Rs 259 monthly prepaid recharge plan: Details here
The new Reliance Jio 259 recharge plan is available to both new and existing users through all online and offline channels
 "Reliance Jio announces Rs 259 monthly prepaid recharge plan: Details here")
Adani Group selects Google Cloud to modernise IT ops for future scale
"Our continued collaboration will spearhead new digital platforms that will have a transformative impact," Kurian added
 "Adani Group selects Google Cloud to modernise IT ops for future scale")
Sebi directs Ruchi Soya to allow FPO investors to withdraw bids
Circulation of unsolicited SMSes advertising the issue violates regulations, says the market regulator; Sebi orders a 3-day window for all investors (ex-anchor Investors) to withdraw applications
 "Sebi directs Ruchi Soya to allow FPO investors to withdraw bids")
SAT sets aside Rs 1-cr penalty imposed on Brickwork Ratings by Sebi
The tribunal reduced the penalty to Rs 10 lakh and held certain findings in Sebi's order cannot be sustained.
 "SAT sets aside Rs 1-cr penalty imposed on Brickwork Ratings by Sebi")
Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr
At present, the company generates over 90 per cent of its revenues from southern states.
 "Gold jeweller Joyalukkas India files IPO papers to raise Rs 2,300 cr")
Assam govt acquires Hindustan Paper Corp's two defunct mills for Rs 375 cr
The Assam government on Monday announced that it has acquired PSU Hindustan Paper Corp's (HPC) two defunct paper mills in the state for Rs 375 crore.
 "Assam govt acquires Hindustan Paper Corp's two defunct mills for Rs 375 cr")
Ola, Uber among six companies to apply for aggregator licenses in MMR
Three RTOs in Mumbai Metropolitan Region have received ten applications from six companies, including Ola and Uber, for the aggregator license as per the provisions officials said on Monday.
 "Ola, Uber among six companies to apply for aggregator licenses in MMR")
Major rollout of 5G service only in FY24, Airtel tells investors
The Airtel management indicated this at an investor meet last week.
 "Major rollout of 5G service only in FY24, Airtel tells investors")
Sebi penalises erstwhile Essar Steel India for disclosure lapses
In a 35-page order, Sebi has imposed a fine of Rs 2 lakh on Essar Steel India Pvt Ltd for the disclosure lapses
 "Sebi penalises erstwhile Essar Steel India for disclosure lapses")