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Page 2232 - Company News

Adani Group set up new subsidiary ANIL for new energy business

Billionaire Gautam Adani's logistics-to-energy conglomerate has set up a new subsidiary, ANIL to undertake green hydrogen projects, generation of low carbon electricity among others

Adani Group set up new subsidiary ANIL for new energy business
Updated On : 09 Jan 2022 | 1:11 PM IST

Amazon challenges CCI's suspension of 2019 Future deal: Report

Amazon.com Inc has filed a legal challenge at an Indian tribunal against the national antitrust agency's suspension of a 2019 deal with Future Group

Amazon challenges CCI's suspension of 2019 Future deal: Report
Updated On : 09 Jan 2022 | 12:57 PM IST

Audi expects sales in India to grow in double-digit this year

German luxury carmaker Audi expects sales in India to grow in double-digit this year amid concerns over the possible impact of the fresh surge in Covid-19 cases on business

Audi expects sales in India to grow in double-digit this year
Updated On : 09 Jan 2022 | 12:15 PM IST

AMO Electric to raise $100 mn to expand product range, sales infra

Electric two-wheeler maker AMO Electric is looking to raise about $100 million next fiscal as it looks to scale up R&D to introduce new products

AMO Electric to raise $100 mn to expand product range, sales infra
Updated On : 09 Jan 2022 | 11:29 AM IST

Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn

Company says the acquisition will help the group increase its consumer and hospitality footprint.

Reliance to buy control of New York's Mandarin Oriental hotel for $98 mn
Updated On : 09 Jan 2022 | 9:57 AM IST

Microsoft CEO Satya Nadella joins Groww as investor, advisor

Tiger Global-backed Groww said Microsoft chief executive officer Satya Nadella has joined the company as an investor and advisor

Microsoft CEO Satya Nadella joins Groww as investor, advisor
Updated On : 08 Jan 2022 | 9:59 PM IST

RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang

Renew Power, Shriram have queued up to raise dollar bonds after RIL raises $4 bn in India's largest-ever foreign currency bonds issue

RIL's $4-bn forex bond: India Inc's fundraising in 2022 begins with a bang
Updated On : 08 Jan 2022 | 9:04 PM IST

Over 1 mn people made bookings with OYO for New Year celebrations: CEO

In a social media post, he said 58 per cent bookings for New Year's eve were made on same day keeping trend witnessed since December 2017 that reflected 'impulsive emotion and decision'

Over 1 mn people made bookings with OYO for New Year celebrations: CEO
Updated On : 08 Jan 2022 | 7:26 PM IST

Agility Ventures to launch Sebi-approved Rs 450-cr fund

With AIFs (Alternative Investment Funds), it is looking at deploying Rs 75 crore this year in over 50 startups, which will also include fintech, cyber security and crypto

Agility Ventures to launch Sebi-approved Rs 450-cr fund
Updated On : 08 Jan 2022 | 6:48 PM IST

Equitas Holdings to divest stake in ETPL ahead of merger with Equitas SFB

Equitas Holdings Ltd will divest its entire stake in subsidiary Equitas Technologies Pvt Ltd (ETPL) as part of the requirement for the merger with Equitas Small Finance Bank (ESFB)

Equitas Holdings to divest stake in ETPL ahead of merger with Equitas SFB
Updated On : 08 Jan 2022 | 5:57 PM IST

Oberoi Realty Q3 sales bookings jump 2-fold to Rs 1,965 cr

The market share of trusted real estate developers in the overall housing sales is gradually increasing as homebuyers have become risk-averse

Oberoi Realty Q3 sales bookings jump 2-fold to Rs 1,965 cr
Updated On : 08 Jan 2022 | 3:26 PM IST

CSB Bank MD & CEO takes early retirement on health grounds

The Board decided to constitute a search committee to identify and evaluate candidates, either internally or externally, for the position of MD & CEO

CSB Bank MD & CEO takes early retirement on health grounds
Updated On : 08 Jan 2022 | 3:18 PM IST

CSB Bank MD&CEO retires early, lender to set up panel to find successor

Rajendran has been holding the position of MD & CEO since December 9, 2016 and the current term is up to December 8, 2022

CSB Bank MD&CEO retires early, lender to set up panel to find successor
Updated On : 08 Jan 2022 | 2:49 PM IST

India climbing up the ladder of emerging tech patents, shows data

5,000 patents were filed in AI in India in the decade 2011-2020

India climbing up the ladder of emerging tech patents, shows data
Updated On : 08 Jan 2022 | 11:19 AM IST

DLF launches luxury housing project in Delhi; starting price Rs 3 crore

DLF is developing this project in partnership with Singapore sovereign wealth fund GIC

DLF launches luxury housing project in Delhi; starting price Rs 3 crore
Updated On : 08 Jan 2022 | 2:54 AM IST

Amansa sells shares of CG Power and Industrial Solutions worth Rs 351 cr

This took the total deal value to Rs 350.83 crore

Amansa sells shares of CG Power and Industrial Solutions worth Rs 351 cr
Updated On : 08 Jan 2022 | 2:47 AM IST

Apple's Tim Cook paid over 1,400 times the average worker in 2021

Cook, whose salary remained at $3 mn, received $82.3 mn in stock awards, $12 mn for hitting Apple's targets and $1.4 mn for air travel, 401(k) plan, insurance premiums and others

Apple's Tim Cook paid over 1,400 times the average worker in 2021
Updated On : 08 Jan 2022 | 2:15 AM IST

Hinduja Group's £1.2 billion old war office project is making waves

OWO was once the heartbeat of UK's defence ministry & later an oft-featured building in Bond films

Hinduja Group's £1.2 billion old war office project is making waves
Updated On : 08 Jan 2022 | 1:48 AM IST

Airtel to pay interest on deferred liabilities to govt, not to issue equity

The company informed the DoT that it will not avail the option of conversion of interest on deferred spectrum and AGR dues into equity.

Airtel to pay interest on deferred liabilities to govt, not to issue equity
Updated On : 08 Jan 2022 | 1:39 AM IST

Payment service provider PayU's SMB vertical sees 70% jump in revenues

In September last year, PayU agreed to acquire payments gateway BillDesk in an all-cash transaction of $4.7 billion

Payment service provider PayU's SMB vertical sees 70% jump in revenues
Updated On : 08 Jan 2022 | 1:30 AM IST