Page 2386 - Company News

Corporate frauds likely to spike in post-Covid set-up, says survey

Over 62 per cent of independent directors indicated that they believe fraud will increase over the next two years

Bharti Airtel to test 5G services in India on the millimetre band

The band is considered suitable for next-generation 5G services even as Trai is yet to discover the price of these bands

HDFC Mutual Fund lines up a slew of exchange-traded funds as ranking slips

In the past few years, HDFC MF witnessed continued erosion in its market share as its key equity funds underperformed

Future Retail, 7-Eleven terminate franchise agreement after payment default

In a statement to the stock exchanges, Future Retail said no financial or business impact on the company is expected as the arrangement was at the subsidiary company level

TVS Motor signs agreement with Tata Power to develop EV ecosystem

A memorandum of understanding between the two companies speaks of deploying solar power technologies at TVS Motor's select locations

Class 8 truck order decline may impact near-term outlook for Bharat Forge

Brokerages are positive on prospects given strong outlook for oil and gas segment and recovery in domestic CV business

Ola acquires GeoSpoc to build next-gen location tech for undisclosed sum

GeoSpoc co-founder Dhruva Rajan and his team of Geospatial scientists and engineers will be joining Ola

Airtel's right entitlement trading off to flying start, close 24% higher

The REs should rise further as they ended at the day's upper trading limit

CavinKare enters D2C space with Buds and Berries personal care brand

Firm lists its signature products exclusively on Amazon; the Buds and Berries range includes Shampoos, face masks and lotions among other things

Lake Shore looks at $100 mn from Apollo Global to buy Viviana Mall

The proceeds will be used to fund the acquisition of Viviana Mall in Thane on Mumbai's outskirts, said a source in the know

NCLT asks Zee to file reply to Invesco's plea for EGM by Oct 7

Zee argues that Invesco's plea should be dismissed as the petition is seeking ad-interim relief as its final relief

Court sends Unitech promoter Sanjay Chandra's wife, father to ED custody

Additional Sessions Judge Dharmender Rana sent Preeti Chandra to ED's custody till October 9, Ramesh Chandra to October 8, and Rajesh Malik till October 11.

Coal crunch: 64 non-pithead plants left with less than 4 days of stocks

Ahead of the festival season, the coal supply crisis seems to be deepening as 64 non-pithead power plants are left with less than four days of the dry fuel stocks

Top headlines: Moody's upgrades India's outlook; Vedanta eyes Hind Copper

Business Standard brings you the top headlines on Tuesday

Arihant Superstructures to raise up to Rs 500 core through securities

Realty firm Arihant Superstructures Ltd plans to raise up to Rs 500 crore through issuance of securities.

Marico sees revenue growth in second quarter in 'low twenties'

Premium personal care portfolios grew "handsomely, albeit on a low base", it said

AIWA eyes Rs 200 crore biz from audio category in India in next two years

Japanese electronics brand AIWA on Tuesday launched a new range of 'Luxury Acoustics' speakers and said it expects its audio category to be about Rs 200 crore business in the country in next two years

Byju's launches innovation hub; to hire AI specialists in the US, UK, India

Byju's, which has over 100 million registered students and 6.5 million paid subscribers, is backed by marquee investors

RMZ Corp appoints Avnish Singh as MD-Investment Management

Singh will be instrumental in driving RMZ's growth, across India

New e-com, fashion brands see surge in sales as festive season begins

E-commerce and luxury fashion brands are witnessing bumper sales especially from the tier 2 and 3 cities, keeping their cash registers ringing