Page 2396 - Company News

Corp affairs ministry grants companies two months extension to hold AGMs

According to Company Law, not more than 15 months should pass between the dates of two consecutive annual general meetings

UltraTech joins RE100 initiative, aims 100% renewable energy usage by 2050

The country's leading cement maker UltraTech Cement on Thursday said it has joined the RE100 initiative and targets 100 per cent renewable energy usage by 2050.

Vedanta to delist American depositary shares, focus trading on BSE, NSE

Mining giant Vedanta on Thursday said it will delist its American depositary shares and concentrate all trading of its equity shares on the BSE and NSE.

Biz2Credit to hire 150 new staff by 2021-end as it strengthens tech team

Biz2Credit is the company behind Biz2X, a global SaaS platform that enables financial institutions to provide customised online lending experience for MSMEs

Mcap of BSE-listed firms touches all-time high of Rs 261.73 trillion

The market capitalisation reached an all-time high of Rs 261.73 trillion, helped by a massive rally in the equities where the benchmark Sensex zoomed 958 points to end at a fresh lifetime peak.

Regulatory oversight needs fine-tuning with changing times: CCI Chairman

Data hegemony by some digital companies may lead to an "attention economy", he says

YES Bank asks Dish TV to call EGM to reconstitute the company's board

Yes Bank, has asked the satellite television service provider to hold an EGM of shareholders and act on its recommendations to reconstitute the company's board

BPCL, SBI Card launch co-branded RuPay contactless credit card

Fuel retailer BPCL and SBI Card on Thursday announced the launch of a co-branded RuPay contactless credit card, offering fuel and other benefits.

Rating upgrade unlikely over 18-24 months for Hyderabad Airport: Moody's

Affirms ratings; retains negative outlook

RIL, Adani, 17 others show interest to set up solar PV units under PLI

As many as 19 firms, including RIL, Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production linked incentive scheme of the government

Did Subhash Chandra beat a US activist fund with Zee-Sony merger?

It seems the market can't make up its mind if India's largest pvt television network, with a 17% share nationwide, is more valuable with the founders in the driver's seat or out of the wagon entirely

Merger of Sony, Zee to create TV powerhouse challenging Disney

Deal promises edge in market share for Zee, Sony over Disney and could help Sony raise funds to bid for sporting events

Semiconductor crisis may remain a concern till June 2022: MG Motor India

A top company executive said that it is also going to expand its presence in the electric vehicle space by launching a new car in the below Rs 20 lakh category

Amazon creates 110,000 seasonal jobs in India ahead of festive season

This year, seasonal hiring has strengthened its inclusive workforce by adding 50% more women, close to 60% more disabled persons and over 100% increase in LGBTQAI+ representation

India's consumption story is slowly turning the page: FMCGs

After their tryst with smaller packs and lower product categories, consumers are now shrugging off the tendency to compromise on quality and quantity

No plans to bring standard products for cyber liability insurance: Irdai

Irdai has no plans to bring standard products for cyber liability insurance policy as of now, a senior Irdai member said on Thursday.

New solutions to fix archaic world of fuel-powered vehicles: Ola co-founder

Internal combustion engine vehicles are a remnant of the past and EVs are trying to fix this archaic system by making mobility universally accessible and sustainable, Bhavish Aggarwal said

Jio, Airtel add mobile subscribers in July, VIL loses 1.4 mn users: Trai

Wireless user base of Jio swelled to 443.2 mn in July, according to monthly subscriber data released by the Telecom Regulatory Authority of India

Govt gives more time to companies for holding annual general meetings

Companies will get an additional time of two months beyond September to conduct their annual general meetings for the fiscal year ended March 2021

Vistara to start non-stop flight service from Delhi to Paris from Nov 7

Full-service carrier Vistara on Thursday announced a non-stop flight service from Delhi to Paris, starting November 7, under the 'Air Bubble' pact between India and France.