Page 2291 - Company News
CIL's FY22 interim dividend of Rs 9/share to enrich govt by Rs 3,667 cr
The Maharatna PSU announced a 90 per cent interim dividend for FY22
 "CIL's FY22 interim dividend of Rs 9/share to enrich govt by Rs 3,667 cr")
RBI imposes penalty of Rs 1 crore on Union Bank of India
This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, says RBI
 "RBI imposes penalty of Rs 1 crore on Union Bank of India")
PNB to pick up 9.5% stake in Open Network for Digital Commerce Ltd
Open Network for Digital Commerce (ONDC) Ltd is being established with a mandate to develop an open network for digital commerce
 "PNB to pick up 9.5% stake in Open Network for Digital Commerce Ltd")
HAL to manufacture first four light utility helicopters by 2022-23: Govt
Out of the initial quota of four choppers, two each will go to the Indian Army and the Indian Air Force
 "HAL to manufacture first four light utility helicopters by 2022-23: Govt")
Indiamart Intermesh acquires stake in M1xchange for Rs 32.4 crore
B2B e-commerce firm Indiamart Intermesh has acquired a stake in trade receivable discounting system services firm M1xchange for Rs 32.4 crore, the fintech firm said on Monday.
 "Indiamart Intermesh acquires stake in M1xchange for Rs 32.4 crore")
IPO-bound India1 Payments installs 10,000 white-label ATMs
The IPO-bound India1 Payments, promoted by the Banktech Group of Australia and formerly known as BTI Payments, has said that it has crossed a milestone of deploying 10,000-white-lable ATMs
 "IPO-bound India1 Payments installs 10,000 white-label ATMs")
SC grants two weeks to Amazon to put its case before CCI in Future dispute
An SC bench said it would not go into merits of the case and would rather like to give some more time, over and above the time granted by Delhi HC, to the US firm to put forth its case before the CCI
 "SC grants two weeks to Amazon to put its case before CCI in Future dispute")
6 out of 10 companies adopted WFH policy post Covid relaxations: Survey
Over 65 per cent of the employers have either introduced 'work from home' as a policy or are evaluating the same reflecting a maturity and the confidence in their employees: Survey
 "6 out of 10 companies adopted WFH policy post Covid relaxations: Survey")
Top headlines: RBI supersedes RCap; Parl passes bill to repeal farm laws
Business Standard brings you the top news on Monday
 "Top headlines: RBI supersedes RCap; Parl passes bill to repeal farm laws")
Spectrum costs will drive up debt for some Asia-Pacific telcos: Moody's
Moody's explained that despite an increase in debt, deferred spectrum payments have limited immediate impact on operators' liquidity and cash flow
 "Spectrum costs will drive up debt for some Asia-Pacific telcos: Moody's")
India Ratings upgrades Capacite Infra to 'IND BBB'; outlook 'stable'
Capacite Infraprojects provides engineering, procurement and construction/turnkey solutions for housing, high rises, super high rises, speciality buildings and urban infrastructure
 "India Ratings upgrades Capacite Infra to 'IND BBB'; outlook 'stable'")
Bharat Financial top officials resign to join rival Spandana Sphoorthy
Top executives of Bharat Financial Inclusion (BFIL), a fully-owned subsidiary of IndusInd Bank, have resigned from the company last week, the bank said on Monday
 "Bharat Financial top officials resign to join rival Spandana Sphoorthy")
RIL 'categorically' denies any intent to bid for the UK telecoms group BT
Reliance might make an unsolicited offer to buy into BT or try to get a controlling share, a news report said earlier on Monday
 "RIL 'categorically' denies any intent to bid for the UK telecoms group BT")
British telecom group BT stock jumps 9% after reported interest from RIL
Billionaire Mukesh Ambani's Reliance might make an unsolicited offer to buy into BT or try to get a controlling share, a media report said
 "British telecom group BT stock jumps 9% after reported interest from RIL")
Nissan to spend $17.6 bn over 5 years to increase vehicles' electrification
Nissan Motor Co announced it will spend 2 trillion yen ($17.59 billion) over the next five years to accelerate vehicle electrification
 "Nissan to spend $17.6 bn over 5 years to increase vehicles' electrification")
Reliance considering bid for UK telecom firm BT in early talks: Report
Reliance might make an unsolicited offer to buy into the group or will try to get a controlling share, says Economic Times
 "Reliance considering bid for UK telecom firm BT in early talks: Report")
Paytm in focus again as analysts question CEO on profit, business model
Paytm's top executives spent 90 minutes on a call with investors and analysts on Saturday as they raised questions on monetization.
 "Paytm in focus again as analysts question CEO on profit, business model")
Jio joins Bharti Airtel and Vodafone Idea, goes for 20% hike in tariffs
Analysts had guided for a tariff revision from Jio after competitors decided to go for a hike
 "Jio joins Bharti Airtel and Vodafone Idea, goes for 20% hike in tariffs")
End of work-from-home? People take baby steps back to office
First-timers are having mixed feelings about not working from home for a change and the novelty of meeting colleagues in flesh and blood
 "End of work-from-home? People take baby steps back to office")
Amazon executive says Omicron's impact on holiday spending uncertain
The United States and other countries are now imposing travel restrictions after the emerging Omicron variant, first detected in South Africa, began spreading to other parts of the world