Page 2276 - Company News

Jhunjhunwala-backed Metro Brands eyes pre-Covid margins as sales normalise

The footwear retailer has seen demand pick up across categories post the second wave of the pandemic

Reliance Industries spends Rs 922 cr to top CSR expenditure chart in FY21

India Inc's overall spends dip 64%; TCS and Wipro take second and third spots, respectively

Supply disruptions in key segments could cap gains for Bharat Forge

Muted heavy truck numbers in North American market, passenger vehicle sales impacted too

Video subscribers up over 80% since last year; YouTube outperforms peers

The event is one of the biggest regional gatherings of firms, investors et al in the telecom, media and entertainment ecosystem

Omicron casts a shadow of uncertainty on silver screen; Rs 5k cr at stake

At least Rs 5,000 crore is at stake for the film industry in the next six months, say experts

Tech giant Google rolls out voice, video call features to Gmail app

The company said that users can now start or join meetings and audio calls from one-on-one chats in Google Chat

New premium income of life insurers up 42% at Rs 27,177 cr in Nov: Irdai

The new premium income of life insurance companies jumped by nearly 42 per cent to Rs 27,177.26 crore in November this year, data from Irdai showed on Tuesday.

RIL firms up first investment in West Asia in pact with Abu Dhabi company

RIL and TA'ZIZ launch a $2 billion chemical production partnership

Top headlines: New rules for international arrivals; Spinny latest unicorn

Business Standard brings you the top stories on Tuesday

Abu Dhabi chemical company, Reliance Industries form $2-bn production JV

The new joint venture will construct and operate a chlor-alkali, ethylene dichloride and polyvinyl chloride production facility

SpiceJet says HC has stayed its earlier order of winding up the airline

The carrier said it has a good case on merits and was hopeful of having favourable outcome in the appeal

Over 396,000 cos removed from official records for non-compliance in 5 yrs

More than 3.96 lakh companies were removed from official records in the last five financial years after following the due process under the companies law, according to official data.

Tanla to give solutions to secure, encrypt int'l messaging traffic on VIL

Tanla and Vodafone Idea on Tuesday announced a pact under which Tanla will provide solutions to secure, encrypt and enhance performance for international messaging traffic on the telco's network

Ather Energy expands Guj retail biz; starts 1st experience centre in Surat

The new experience centre will be the brand's second retail outlet in Gujarat. The expansion is driven by strong consumer demand for the Ather 450X and 450 Plus electric scooters in the State

Nestle gets govt approval for PLI scheme for processed fruits, vegetables

FMCG major Nestle India on Tuesday said it has received approval from the government for the production-linked incentive (PLI) scheme for processed fruits and vegetables.

Reliance Capital says corporate insolvency resolution started against firm

Reliance Capital on Tuesday said the National Company Law Tribunal (NCLT) has admitted the case of the company for the corporate insolvency procedure

Vedanta Aluminium Business invites partners for aluminium park at Odisha

The Aluminium Park will offer facilities such as water, power, hot metal supply, dross processing plant, as well as other benefits to companies that set up their manufacturing units in the park.

Madras High Court orders winding up of SpiceJet over outstanding dues

The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm

Indian used-car platform Spinny valued at $1.8 billion in new funding round

India's Spinny said on Tuesday it had raised $283 million in a funding round led by Abu Dhabi-based ADQ and Tiger Global, giving the used-car retailing platform a valuation of about $1.8 billion

LenDenClub raises $10 mn in funding round, plans $1 bn loan book by FY23

Founded in 2016, LenDenClub uses technology to bring borrowers and investors on its platform.