Page 2243 - Company News

Canada court orders seizure of Air India, AAI dues on Devas investors' plea

Devas shareholders have initiated action against govt to enforce $111 million arbitration award

Underperformance, growth recovery likely to support banks' rally

Stronger balance sheets and little impact of digital disruption could be the other triggers

Irdai to modify norms for remuneration of CEOs, directors of pvt insurers

Surety insurance pertains to a contract to perform the promise or discharge the liability of a third person in case of default

Over 500 employees, ex-staff of IPO-bound OYO buy around 30 mn shares

OYO had offered deeply discounted ESOPs to both current and former employees when the impact of COVID-19 led to pay cuts and furloughs

Near-term headwinds may cap upsides for auto stocks, especially 2-wheelers

Price hikes, running costs and supply side pressures are the key concerns

Why VCs are backing newer EV start-ups despite the OATS phenomenon

Early-stage funding in the segment rose almost three times to $74 million in 2021 compared to the previous year

Dhani Services to launch Rs 300 crore public issue of bonds on Tuesday

The non-convertible debenture (NCD) issue has a base size of Rs 150 crore with an option to retain oversubscription of up to Rs 150 crore

Dec-qtr revenue growth in low teens amid continuing inflation: Marico

"Rural demand was also sluggish, albeit optical to an extent, given the high base," said Marico

CSB Bank advances up nearly 11.5% to Rs 14,827 cr in Dec quarter

Shares of CSB Bank on Monday closed at Rs 237.50 apiece on the BSE, up 0.93 per cent from the previous close

Top headlines: Future moves HC against Amazon; over 4k Covid cases in Delhi

Business Standard brings you the top headlines on Monday

Bajaj Auto retail sales drop 3% in December; two-wheeler sales slip 6%

Total exports (both two-wheelers and commercial vehicles) also declined 7 per cent

EV maker Ampere inaugurates its first experience centre in Tamil Nadu

Greaves Cotton's e-two-wheeler arm Ampere on Monday inaugurated its first and one-of-a-kind experience centre at Ranipet, Tamil Nadu

Tata Motors shares jump nearly 4% on strong December sales; PV sales up 50%

In the third quarter ended December 2021, the company said its total passenger vehicle sales stood at 99,002 units as compared with 68,806 units sold the same period in the previous year

Corporate bond issuances fell as Covid-19 pandemic hit companies

Analysts says it's a learning experience, market expected to do better in 2022

100X.VC plans to invest in 100 early-stage start-ups this year

Combined valuation of first 5 batches of portfolio companies at $211 million

Future Retail asks court to declare arbitration with Amazon illegal

The case will likely be heard by judges this week.

Delhi HC grants Whatsapp, Facebook time to respond to CCI probe

The Delhi High Court on Monday granted more time to Whatsapp and Facebook to file their response over notices issued to them by the Competition Commission of India (CCI).

TVS Motor Company registers sales of 250,933 units in December 2021

TVS Motor Company registered sales of 250,933 units in December 2021 as against sales of 272,084 units in the month of December 2020.

Bajaj Auto says its overseas sales rise 30% to 2.5 mn units in 2021

Bajaj Auto on Monday said it sold 30 per cent more vehicles in the overseas market at over 2.5 million units in calendar year 2021 over the year earlier despite the challenging global environment.

B2B manufacturing start-up Groyyo raises $4.6 mn led by Alpha Wave

Founded in July 2021 by Subin Mitra, Pratik Tiwari and Ridam Upadhyay, Groyyo has already partnered over 200 manufacturers across categories