Page 2268 - Company News

Rs 6,000-cr Bank of Baroda scam: CBI files 2 supplementary chargesheets

In the chargesheets filed before a special CBI court, the central agency has alleged that a group of people opened accounts and deposited funds in them through various other accounts

IL&FS InvIT gets first road asset, acquires Moradabad-Bareilly Expressway

IL&FS Transportation Networks Ltd, in a stock exchange filing, said the company has received the final consideration in the form of 59.04 million units of Rs 100 each issued by the InvIT

NCLAT stays CCI order imposing Rs 873 cr penalty on UBL, other beer makers

Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of Fixed Deposit Receipt' within three week

Kabra Extrusion Technik board approves raising Rs 301 cr for expansion

A part of the city-based Kolsite Group and leading manufacturer of plastic extrusion machinery, Kabra Extrusion Technik recently ventured into the production of lithium-ion battery packs

TikTok dethrones Google to become most popular website of 2021: Report

Popular short video-sharing platform TikTok has surpassed tech giant Google as the most popular website of the year, says a report.

HDFC Bank wins coveted CII award for 'Most Innovative Best Practice'

HDFC Bank's efforts in furthering financial inclusion through partnership with the Government of India's Common Service Centres (CSC) have been adjudged 'Most Innovative Best Practice'

Unicorns turn into strategic investors; Zomato grabs a big pie

Byju's, Flipkart, PharmEasy and CRED, among others, have taken the acquisition route to grow

SIDBI signs MoU to develop MSME ecosystem in West Bengal

SIDBI has signed a memorandum of understanding with the government of West Bengal to develop the MSME ecosystem in the state, a SIDBI official said on Friday.

Vodafone Idea stock can deliver more returns if debt overhang subsides

Bharti Airtel, however, is the safer bet fundamentally among the two companies.

Darwin Platform Infrastructure wins financial bid for Lavasa Corporation

DPIL has proposed a payment plan and schedule that includes upfront payment (Rs 100 crore)

Shriram regroups for the future with succession plan, business integration

Experts indicate that the succession plan allowing professionals to run the show will also help in this technology drive

FMCG companies prepared to tackle logistics issues amid Covid surge

ITC has been taking stock of operations and monitoring market developments

Adani Group announces annual prize for social enterprise

Starting from 2022, the prize will be awarded to five outstanding social entrepreneurs in India and other developing nations

Axis Ecorp to invest Rs 100 cr to build housing project in Maharashtra

Realty firm Axis Ecorp will invest Rs 100 crore to develop a 25-acre luxury housing project in Maharashtra.

Okaya Electric Vehicle launches high-speed e-scooter 'Faast'

Okaya Electric Vehicles on Friday said it has launched high-speed e-scooter Faast at an introductory price of Rs 89,999 (before subsidies) at the EV Expo 21 held at Greater Noida.

GMR partners with Angkasa Pura II for Medan Airport in Indonesia

GMR Airports, a part of the GMR group, had in November won the bid for this high growth potential brownfield airport, through a closely contested international competitive bid process

Lupin receives tentative USFDA nod for generic Azilsartan Medoxomil tablets

The tentative approval by the US Food and Drug Administration (USFDA) for the abbreviated new drug application (ANDA) Azilsartan Medoxomil tablets is for strengths of 40 mg and 80 mg

Promoter Westglobe exits company; sells 4.43 crore Vedanta shares

Westglobe held 1.19 percent stake in Vedanta which upon selling entirely to Vedanta Holdings Mauritius, takes the latter's holding to 4.08 percent from 2.89 percent as on 30 September, 2021

We will try to be among top 3 IT services firms: Tech Mahindra's CP Gurnani

"There is definitely a skill war, or a talent war going on," said Gurnani

Steel demand firm, but higher input costs to pare margin in H2: CRISIL

Next fiscal year, steel demand is expected to grow at a moderate pace of 6.5-7.5%, led by further pickup in construction activity