Page 2339 - Company News

Godrej Group headed for split of $4.1 billion business empire: Report

At present, the group is led by veteran industrialist Adi Godrej (79), who is its chairman

HC rejects FRL plea to stay arbitration order, seeks Amazon's response

Amazon had dragged Future Group to arbitration at Singapore International Arbitration Centre (SIAC) in October last year

Dish TV to seek more time for conducting annual general meeting

Dish TV is facing a notice from Yes Bank to remove its Managing Director Jawahar Goel and four other directors from the board

Yezdi Nagporewalla appointed KPMG India CEO; to take charge from Feb 2022

The company, which in a departure from the past, has split the roles of chairman and CEO with this appointment, said it will announce the chairman in the next few months

Reliance Jio won't opt for 4-year payment moratorium: Sources

The move comes even as its rivals Bharti Airtel and Vodafone Idea have said they will avail the four-year moratorium on payment of dues

Meesho announces second ESOP programme worth $5.5 mn in less than a year

Firm has grown 2.8x in terms of monthly transacting users and a 2.5x by orders over past six months; now aims to reach 100 mn users and over 50 mn products by December 2022

Adani Group buys minority stake in online travel aggregator Cleartrip

The deal is expected to close in November, subject to customary closing conditions

Dixon Technologies scouts for buys to get in global top 10 EMS league

Open to acquisition of design companies and raise manufacturing capacity

Govt, tech industry partner to launch FutureSkills Prime platform

India's demand for Digital Talent jobs is currently 8x larger than the available talent pool and is expected to rise to 20x by 2024

Top headlines: Shaktikanta Das gets second term; JioPhone Next price out

Business Standard brings you the top stories from today

Bharat Petroleum second quarter profit jumps 24% to over 3,200 cr

Revenue rose 53.7 per cent after global oil prices rose to a multi-year high

Oyo denies all charges by Zostel about failed buyout deal in letter

Says both parties mutually agreed to terminate the deal

Adani Group to invest in Cleartrip, deepens strategic ties with Flipkart

As part of this investment, the Adani Group will acquire a significant minority stake in Cleartrip. The companies didn't reveal the value of the transaction

Embassy REIT's net operating income grows 30% to Rs 624 crore in Q2

PAT declined 15.5% from Rs 232 crore in the September quarter last year to Rs 196 crore in the same quarter this year

Prudent Corporate Advisory acquires MF business of Karvy Stock Broking

As of July 2021, Karvy Stock Broking had 1.2 million folios and total asset under management (AUM) of Rs 9,261 crore

Reliance Jio won't opt for 4-year payment moratorium: Report

Both Bharti Airtel and Vodafone Idea have said they will avail the four-year moratorium on payment of dues

Dalmia Cement to set up Rs 577 crore plant in Jharkhand's Bokaro

The work on the project will commence in November

MMTC-PAMP launches e-commerce portal to increase D2C sales for gold

MMTC-PAMP is a joint venture between Switzerland-based bullion brand PAMP SA and MMTC Ltd, a Govt of India Undertaking

Beauty platform Purplle.com raises $75 mn from Kedaara, Sequoia and Blume

The investment will augment the company's goal to deliver 6-8x growth in the next 5 years

Zendesk to acquire SurveyMonkey owner for $4 bn in all-stock deal

Terms of the deal provide for Momentive stockholders to receive 0.225 shares of Zendesk stock for each share of Momentive stock