Page 2269 - Company News

Greenlam shares gain after board approves 5-for-1 stock split

Separately, the company informed that the board of its wholly-owned subsidiary Greenlam South has approved setting up a greenfield project for manufacturing of Particle Board at Nellore

NODWIN Gaming picks up 10% stake in digital content network Rusk Media

Nazara Technologies on Monday said its subsidiary NODWIN Gaming has acquired a strategic 10 per cent stake in digital content IP media network, Rusk Media.

SC seeks response of Centre, Uber, Zomato on plea for gig workers' benefits

The plea by Indian Federation of App-Based Transport Workers has sought formulation of welfare schemes like health insurance, maternity benefits, pension, old age assistance, disability allowance

Gravita India starts battery recycling unit in Gujarat; to invest Rs 62 cr

Recycling firm Gravita India on Monday said it has operationalised its new battery recycling unit near Mundra Port in Gujarat and plans to invest a total of Rs 62 crore

Edelweiss increases stake in Edelweiss Wealth Management to 44.16%

Diversified financial group Edelweiss on Monday said it has increased its stake in its associate company -- Edelweiss Wealth Management (EWM) to 44.16 per cent.

Nandan Terry files draft offer document for maiden IPO of up to Rs 254 cr

Ahmedabad based company, Nandan Terry Limited, belonging to Chiripal group, a textile conglomerate, filed draft offer document with the regulators.

Paytm GMV more than doubles to Rs 1.66 trn in Oct-Nov 2021 period

Paytm reported over two-fold rise in its gross merchandise value to about Rs 1,66,600 crore in the first two months of the third quarter of this fiscal, driven by sharp uptick in loan disbursals

Vietnam's Masan eyes international IPO for retail unit in 2023-2024

Vietnamese conglomerate Masan said on Monday it was considering launching an international initial public offering for its consumer retail unit The CrownX in 2023-2024

Maruti Suzuki Celerio emerges younger, nattier as an entry-level city car

The new Celerio is wider and taller than the earlier version by 55 mm

Realme overtakes Samsung, grabs second spot in smartphone market

Realme is also making strides in global markets. It is available in over 60 markets across the world

Hotels hope to jingle all the way to New Year amid Omicron fear

Average daily rates at leisure sites breach pre-Covid levels, say industry executives

Franklin Templeton MF unitholders to get Rs 985 cr in eighth tranche

A total of Rs 25,114 crore has been distributed across 6 schemes under winding up

Premiumisation strategic priority, to launch brands from Heineken: UBL

Premiumization of the beer market is a "strategic priority" for United Breweries Ltd (UBL) and the company has plans to introduce brands from the global portfolio of Heineken, the Dutch multinational, which now owns a majority stake, said a top company official.

Lupin recalls 4,113 cartons of oral contraceptive medicine in US market

Homegrown drug maker Lupin is recalling 4,113 cartons of generic oral contraceptive tablets in the US, the world's largest market for medicines, due to manufacturing issues.

Examining scope for India launch of 50-yr-old Jimny brand: Maruti Suzuki

The auto major currently manufactures three-door Jimny at its Gurugram plant and exports to Middle East and African markets.

Urban Company's valuation rises to $2.8 billion in 4th ESOP sale programme

The ESOPs sold in this transaction have largely been purchased by existing institutional investors of the company.

Byju's 13th most valued unicorn, first Indian start-up to reach $21-bn

India could surely have had more $10 billion plus start-ups in 2021 had it not been for the pandemic

Capgemini seeing BFSI's IT spend gaining traction, says CEO Anirban Bose

Financial services grew 5.4 per cent on a constant currency basis.

Bounce plans to raise $200 mn to scale up its electric vehicle business

Bengaluru-based firm's vision is to make EV mainstream in India and sell at least 2 mn scooters on an annual basis in next few years

Tata AIG to vie for Indian conglomerate's airline insurance business

Air India is insuring its fleet at a premium of Rs 118 crore in fiscal 2021 on a standalone basis.