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Page 2181 - Company News

Berkshire, Softbank Paytm bets sour after digital payment firm's stock rout

The plunge in shares amid a global equity selloff has cast a shadow over the prospects for technology firms preparing to go public in the Indian market.

Berkshire, Softbank Paytm bets sour after digital payment firm's stock rout
Updated On : 31 Jan 2022 | 6:43 AM IST

Gati Shakti national master plan: States to get on board by March-end

The Department for Promotion of Industry and Internal Trade's (DPIIT) logistics division has been holding state-level conferences to explain the project

Gati Shakti national master plan: States to get on board by March-end
Updated On : 31 Jan 2022 | 6:05 AM IST

Last-mile sprint gave wings to Tata Group's Air India takeover

The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle

Last-mile sprint gave wings to Tata Group's Air India takeover
Updated On : 31 Jan 2022 | 1:10 AM IST

JSW Steel Independent Director Malay Mukerjee passes away at 74

Steel company JSW Steel announced the passing away of Malay Mukerjee, who was an independent director on its board.

JSW Steel Independent Director Malay Mukerjee passes away at 74
Updated On : 31 Jan 2022 | 1:09 AM IST

NCLT approves APSEZ's composite scheme to acquire Sarguja Rail Corridor

The company will now consolidate all rail assets under a single business entity Adani Tracks Management Services Pvt Ltd

NCLT approves APSEZ's composite scheme to acquire Sarguja Rail Corridor
Updated On : 31 Jan 2022 | 1:08 AM IST

Saregama India plans to invest up to Rs 750 cr in music business

Saregama India, a part of RP-Sanjiv Goenka Group, is planning to invest up to Rs 750 crore in its music business to achieve a 25-30 per cent revenue growth in the next few years

Saregama India plans to invest up to Rs 750 cr in music business
Updated On : 31 Jan 2022 | 1:04 AM IST

Embassy REIT to invest Rs 850 crore to develop office space in Bengaluru

Currently, Embassy REIT is developing a total of 4.6 million square feet area, including the new 1.9 million square feet office buildings

Embassy REIT to invest Rs 850 crore to develop office space in Bengaluru
Updated On : 31 Jan 2022 | 1:02 AM IST

DHFL: NCLAT sets aside order that directed to consider Wadhwan's 2nd offer

The NCLAT direction came over a batch of petitions filed by Union Bank of India

DHFL: NCLAT sets aside order that directed to consider Wadhwan's 2nd offer
Updated On : 31 Jan 2022 | 12:57 AM IST

Siva Industries bidder Vallal RCK to move SC after NCLAT rejects offer

NCLAT says will send company to liquidation as deadline of 330 days as per IBC Code is breached

Siva Industries bidder Vallal RCK to move SC after NCLAT rejects offer
Updated On : 31 Jan 2022 | 12:48 AM IST

Beauty, private labels will take Shoppers Stop margins to double-digits: MD

In a Q&A, Venu Nair, talks about the company's strategy to expand in tier-1 and tier-2 cities

Beauty, private labels will take Shoppers Stop margins to double-digits: MD
Updated On : 31 Jan 2022 | 12:43 AM IST

Not here for a price war to buy IPL, ICC media rights: Disney Star

According to experts, broadcasting and digital companies are expected to spend over Rs 40,000 crore to join the country's biggest-ever auction of sports rights next year

Not here for a price war to buy IPL, ICC media rights: Disney Star
Updated On : 31 Jan 2022 | 6:05 AM IST

Govt extends term of IPO-bound LIC's chairman & MD by one year

Earlier, his term was extended by nine months in June last year

Govt extends term of IPO-bound LIC's chairman & MD by one year
Updated On : 31 Jan 2022 | 12:31 AM IST

Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore

The move is to ensure a much larger shareholder base ahead of IPO

Getting IPO-ready: LIC boosts shareholders' corpus to Rs 6,600 crore
Updated On : 31 Jan 2022 | 6:05 AM IST

Pressure easing at auto, consumer appliance firms as input costs cool down

Manufacturers, however, remain watchful of inflationary trend, even as their prices hikes begin to outpace incremental costs

Pressure easing at auto, consumer appliance firms as input costs cool down
Updated On : 31 Jan 2022 | 12:08 AM IST

Chennai-based agri-commerce firm WayCool lines up Rs 250 crore ESOP

Scheme to cover all 1,500 employees; firm plans to expand its presence to geographies like Middle East as part of its roadmap to become a unicorn by 2025

Chennai-based agri-commerce firm WayCool lines up Rs 250 crore ESOP
Updated On : 30 Jan 2022 | 11:55 PM IST

Easemy Trip consolidated profit after tax soars by 83.8% in Q3

The company had posted a profit after tax of Rs 22 crore in the same period last fiscal

Easemy Trip consolidated profit after tax soars by 83.8% in Q3
Updated On : 30 Jan 2022 | 9:55 PM IST

MRPL third quarter profit rises to Rs 969 crore

The Mangalore Refinery and Petrochemicals Limited (MRPL) posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21.

MRPL third quarter profit rises to Rs 969 crore
Updated On : 30 Jan 2022 | 5:57 PM IST

MapmyIndia declines since listing gains; Q3 net profits, revenue fall YoY

Shares of MapmyIndia haven't been able to keep its strong bull run and have fallen around 15 per cent since its bumper listing on the exchanges.

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Updated On : 30 Jan 2022 | 5:33 PM IST

NSO says criticisms 'hypocritical', blacklisting by US will be rescinded

Israel's embattled cyber tech company NSO Group has denied wrongdoing as it called criticism of its sale of Pegasus spyware programme to non-democratic countries "hypocritical"

NSO says criticisms 'hypocritical', blacklisting by US will be rescinded
Updated On : 30 Jan 2022 | 5:09 PM IST

Centre extends tenure of IPO-bound LIC's chairman by one more year

The government has extended the tenure of chairman of IPO-bound LIC by one more year with a view to facilitate smooth listing of the insurance behemoth, sources said.

Centre extends tenure of IPO-bound LIC's chairman by one more year
Updated On : 30 Jan 2022 | 3:53 PM IST