Page 2401 - Company News

Will take proper action as per applicable law: Zee on board revamp demand

Two investment firms had earlier this month sought an extraordinary general meeting to remove MD Punit Goenka and two independent directors

Raymond consolidates tools & hardware, auto parts biz into engineering biz

Board clears move to convert realty division into fully-owned subsidiary

Toyota Kirloskar pulls plug on Yaris sedan after three years as sales dip

Expect spares for sedan for next 10 years; rebadged Ciaz roll-out soon

Top headlines: Organised sector employment up in Q1; RIL eyes Glance

Business Standard brings you the top headlines on Monday

Myntra adds warehouse in Kolkata, bolstering storage before festive season

Fashion e-tailer Myntra on Monday said it has set up a fulfilment centre in Kolkata and strengthened its supply chain network across the country ahead of the upcoming festive season.

Bharat Petroleum to invest Rs 1 trillion to become future-ready

India's second-largest fuel retailer is looking to create a 1,000 MW portfolio of renewable power generation capacity

Tata Projects wins Rs 2,100 cr Chennai Peripheral Ring Road Project phase-1

The contract is for building 26 structure and must be completed in three years

Vistara partners with IndusInd Bank to launch co-branded credit card

The credit card will offer various benefits such as a complimentary business class ticket, membership of the airline's frequent flyer programme and lounge access

Glenmark Pharmaceuticals sees potential of NONS to prevent Covid-19

The firm, which has tasted success with its oral antiviral drug favipiravir, is now betting on the NONS to drive revenues from its Covid-19 portfolio

Invesco likely to move court if Zee Entertainment fails to call EGM

ZEEL board has three weeks to call the EGM

Aerospace Engineers wins long-term contract for key components from Boeing

Tamil Nadu-based firm to set up a dedicated unit for the purpose, expand existing plant at Salem at an investment of Rs 150 cr

88academics raises $3 mn in pre-series A round led by Aarin Capital

Prime Securities Limited was the exclusive Investment Banker to this transaction

Unicommerce managing over 1 mn daily transactions, $5 bn in GMV annually

Unicommerce aims to get over 2000 brands on board in the current financial year

Essar Oil seeks extension on settling value-added tax arrears in UK

This seemed to be intended to calm speculation that it may be on the brink of collapse, following media reports to this effect

Jet Airways staff approaches labour dept over non-payment of gratuity

The NCLT order, which is public now, provides for a very microscopic settlement for employees, which is pegged at Rs 52 crorE

Govt has no interest in acquiring any telecom firm: Vodafone Idea CEO

The govt has given an option to telcos to pay back interest on dues through equity and also conveyed that it has no interest in acquiring any telecom company, a top official of Vodafone Idea said

Despite govt's relief package, questions remain over Voda Idea's survival

As of now, there's no clarity on whether the government stake would be limited to 26 per cent or if it could go up much further

The new tango between banks and fintechs: Rivals of yore turn partners

Banks and fintechs are realising that disruption has a huge collaborative aspect to it too

AstraZeneca Pharma India gets nod to import, market Selumetinib capsules

Drug firm AstraZeneca Pharma India on Sunday said it has received import and market permission from the Indian drug regulator for Selumetinib capsules

Top property developers bet big on office properties as demand rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one