Page 2352 - Company News

Supreme Court rejects bail plea of ex-Amrapali director on medical grounds

The Court on Wednesday rejected the plea of the ex-director of Amrapali Group

Retail, digital growth may drive Reliance Industries' Q2 earnings

The company's retail business EBITDA is seen rising with fashion, jewellery and electronics sales recovering and margins inching towards pre-pandemic levels, said brokerages

Swiggy to give 2-day paid monthly period leave to female delivery partners

Other initiatives from Swiggy include enabling access to vehicles, access to hygienic restrooms, implementing safety measures for female delivery partners

L&T Finance Holdings Q2 consolidated net profit declines 15% to Rs 224 cr

The company's total lending loan book contracted by 12 per cent to Rs 86,936 cr in Sept 2021 from Rs 98,823 cr in year-ago period

Air India divestment will re-energise civil aviation sector, says PM Modi

The prime minister said that Covid vaccinations will inspire confidence among foreign tourists

Nirav Modi UK extradition appeal to be heard on December 14

Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering in the estimated USD 2-billion Punjab National Bank (PNB) scam case, has lodged his appeal against extradition from the UK and the case will be heard at the High Court in London on December 14.

Naspers-backed online wealth manager Fisdom enters stock broking

At present, Fisdom operates a successful mutual fund distribution platform. The broking foray comes amid a frenzy to open new accounts underpinned by the buoyancy in the market

Higher raw material costs dent Nestle's operational performance in Sept qtr

The Nifty FMCG average valuations are 36 times, while its top six rivals are trading at an average of just over 50 times

India Inc may see higher pay with 9.3% hike in 2022, says report

India's projected salary increase is the highest in Asia-Pacific for the next year as optimism returns over improved business outlook in the next 12 months, the report added

Risks of Vodafone Idea's financial profile worsening are receding: Lenders

The company's debt continues to remain high and its current financial flexibility continues to remain strained

BSNL to offer UK-based Inmarsat's GX satcomm services in India

Inmarsat has struck deals with Indian airline SpiceJet Ltd and the Shipping Corp of India Ltd, Chief Executive Officer Rajeev Suri said in an interview

Hotels roll out red carpet for year-end vacationers after brisk Dussehra

For the annual recovery to reach 2019 levels, though, it may still take another six to 12 months

Jio gains 649,000 users in August, Airtel adds 138,000, shows Trai data

Reliance Jio's mobile base stands at 443.8 million, that of Bharti Airtel's is 354.1 million and Voda Idea 271 million

Future Retail party to dispute with Amazon: Singapore arbitration panel

Amazon had its sights on ultimately owning some of Future's retail assets itself

Vodafone Idea accepts 4-year payment moratorium on spectrum dues

Telcos have been given time till October 29 to communicate whether they wish to avail a moratorium on payment of spectrum dues and AGR

AstraZeneca sets up clinical data and insights division in India

The Bengaluru-based clinical data and insights (CDI) division is a critical advancement to support a growing global portfolio and build on internal data expertise

REC raises $75 mn term loan from Sumitomo Mitsui Banking Corporation

The proceeds from this facility shall be utilised to fund power sector projects as permitted under the external commercial borrowing (ECB) guidelines of the Reserve Bank of India (RBI)

Rajeev Mantri named chief financial officer of Citi India

He will report to Ashu Khullar, CEO, Citi India and Tim Monger, Asia Pacific CFO, Citi.

Jubilant FoodWorks' Sept quarter fails to satisfy high investor appetite

After rallying ahead of results, stock sees a steep 8.7% fall on Wednesday

OnePlus promotes Navnit Nakra as India CEO and Head of India region

Smartphone maker OnePlus on Wednesday said it has elevated Navnit Nakra as its India CEO and Head of OnePlus India region operations.