Page 2372 - Company News

PSU oil companies yet to recover about Rs 4,000 cr from PMUY beneficiaries

Companies may end up booking this amount as a loss or a customer acquisition cost

BPCL Privatisation: SEBI unlikely to exempt open offers for Petronet, IGL

India's capital market regulator is unlikely to give exemption to the company acquiring BPCL from making mandatory open offers for Petronet LNG Ltd and Indraprastha Gas

IIFL Finance bonds issue to close early on October 8 due to strong demand

IIFL Finance will use the capital for business growth and capital augmentation

Alliance Air to operate flights in Mizoram from October 18: Official

Mizoram will get an additional flight service as Alliance Air will start operating on the Kolkata-Guwahati-Aizawl-Shillong sector from October 18, an official of the state claimed on Thursday

Top headlines: HC rejects Srei plea; India opens doors for foreign tourists

Business Standard brings you the top headlines on Thursday

Sebi cancels registration certificate of Celebrus Commodities

Sebi cancelled the registration certificate of Celebrus Commodities Ltd for allegedly allowing its clients to trade in illegal contracts on NSEL and failing to fulfill "fit and proper" criteria.

NCLT committed error by not granting more time to Zee to file reply: NCLAT

NCLT order directing Zee to reply within two days violated principles of natural justice, said NCLAT

Invesco case: NCLT adjourns hearing; NCLAT to issue order on Zee plea soon

NCLT adjourned the hearing on Invesco's petition seeking convening of shareholders' meet by Zee Entertainment Enterprises, saying it will wait for the appellate tribunal's order related to the matter.

Amazon Pay offering rewards to customers during month-long festive event

Customers can extend their budget and shop for favourite items across categories, can also use different payment modes on Amazon Pay to shop seamlessly

Indiabulls Ventures CEO, 4 others pay Rs 5cr to settle insider trading case

Four individuals and one entity, including CEO of Indiabulls Ventures Ltd, paid around Rs 5 crore as settlement charges to Sebi to settle a case of alleged insider trading in shares of the firm

Flipkart's Shopsy gets 250,000 sellers, 5.1 mn users in 100 days of launch

The social commerce platform has got immense response from sellers, resellers and consumers across the country, with the platform already observing 40x growth since launch

Govt reviews ease of doing biz with coal controller's organisation

The government on Thursday reviewed ease of doing business and environmental sustainability aspects and appreciated decentralisation of approval process of mining plan and mine closure plan

NCLT adjourns hearing on Zee-Invesco matter to Oct 8

The bench told ZEEL's counsel that they have all the time to appeal before NCLAT that would have required hundreds of pages but did not have the time to reply with 3-4 pages before the NCLT

Piramal Enterprises board approves scheme for pharma business demerger

Piramal Enterprises said shareholders will be issued 4 shares in demerged entity for every 1 held in Piramal Enterprises

Emami Agrotech eyes Rs 25,000 crore turnover by 2025 with new plant

The Rs 600 cr greenfield unit at Kandla will take Emami's total edible oil production capacity to over 12,000 TPD from 9,000 TPD earlier

VFS Global's India connection in focus as ownership changes hands

VFS Global, which is being acquired by Blackstone, was founded in Mumbai in 2001

TVS Motor expands Jupiter range, drives in 125-cc version at Rs 73,400

TVS Motor Company on Thursday said it has expanded the Jupiter range with the launch of a 125cc version of the scooter, with price starting at Rs 73,400 (ex-showroom Delhi).

India Inc set to post 18-20% revenue growth in Q2, says Crisil report

India Inc is set to post an 18-20 per cent revenue growth for July-September as compared to the year-ago period, domestic rating agency Crisil said on Thursday

Ola unveils 'Ola Cars' for vehicle buying, appoints Arun Sirdeshmukh as CEO

Ola Cars will offer a bouquet of services to customers, beginning with purchase, vehicle finance and insurance, registration, maintenance, including vehicle health diagnostics and service

At $93-bn net worth, Mukesh Ambani tops 2021 Forbes list of India's richest

A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of India's 100 Richest to a record US$775 billion