Page 2379 - Company News

Power giant NTPC pays Rs 3,054-cr final dividend for 2020-21

This is the 28th consecutive year that NTPC has paid a dividend.

Dr Agarwals Eye Hospitals lines up Rs 1,000 cr investment, IPO in 24 months

Is expanding its footprint across the country, adding 100 eye hospitals and 500 outreach centres in three years

Skills, democracy main drivers of growth, says Rakesh Jhunjhunwala

Skills and democracy are the main drivers of sustainable growth, ace investor Rakesh Jhunjhunwala said on Friday, adding that he is bullish on the Indian market

Badal Bagri resigns as CFO of Airtel; Soumen Ray named new CFO

Bharti Airtel said Badal Bagri has resigned as Chief Financial Officer of the company to pursue other opportunities and that Soumen Ray has been appointed as new CFO with effect from December 21, 2021

TCS to hire 35,000 more in H2FY22 after reaching 43,000 fresher hiring goal

During Q2FY22, the firm's attrition inched up to 11.9%. Though the number is lower than those of other players, it is higher than TCS' in own attrition in the past few quarters

NCLT admits RBI's applications to initiate IBC proceedings against Srei

NCLT appointed Rajneesh Sharma as an administrator of the Srei Group firms

NCLT directs Zee Entertainment to file reply to Invesco plea by Oct 22

On October 2, ZEEL said it has moved the Bombay High Court against the requisition of minority shareholders Invesco and OFI Global China Fund, to convene an EGM

Airtel to offer Rs 6,000 cashback on purchase of smartphones

The cashback will be given on smartphones priced up to Rs 12,000 apiece from 12 brands

Chingari raises $19 mn, picks Solana blockchain for its crypto token

Short-video platform Chingari on Friday said it has raised over $19 million that will help it build its token called '$GARI' with Solana, the fastest-growing ecosystem in crypto technology.

Zydus Cadila gets tentative nod from USFDA to market generic acne drug

Drug firm Zydus Cadila on Friday said it has received tentative nod from the US health regulator to market generic Adapalene and Benzoyl Peroxide gel used for treatment of acne in the American market.

Four reasons why global brokerage Bernstein is bullish on IPO-bound Oyo

In the note Bernstein highlights structural drivers for the company

Guwahati airport handed over to Adani Group for operations, management

The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday.

A billion-dollar deal seals Blackstone buyout of visa outsourcing firm VFS

Company founded in India in 2001; now among its top 3 markets

Private equity inflow in real estate up 27% in Apr-Sep at $1.79 bn: Anarock

Private equity investment in Indian real estate rose 27 percent to $1.79 billion in the first six months of the current fiscal mainly driven by domestic funds, according to property consultant Anarock

Tata Motors: In advanced stages to raise $1 billion for EV biz - Report

Tata Motors fund raising has attracted multiple private equity funds from the US, Middle East and Southeast Asia for for EV business.

Energy exchange jumps 180% this year as India battles coal crisis

Indian Energy Exchange's platform is used by companies to power their short-term needs.

NCLAT gives more time to Zee to file reply to Invesco's plea for EGM

NCLAT directs NCLT to allow Zee a reasonable and sufficient opportunity to file reply

Ola launches vehicle buying platform Ola Cars, names Arun Sirdeshmukh CEO

Service will compete with Droom, CarDekho, Cars24, Spinny, Carwale and CarTrade. Ola Cars will begin with pre-owned and then include new vehicles from Ola Electric and other auto brands

Mahindra XUV 700 gets 25,000 bookings in 57 minutes, equaling 6-mth output

Fastest for any four-wheeler model, claims M&M; bookings to restart at 10am on Friday

Tata Motors likely frontrunner to take over Ford's Chennai unit

Group Chairman Chandrasekaran, Tata Motors top-level delegation meet Stalin in a span of 2 weeks