Page 2411 - Company News

Fitch upgrades outlook on Shriram Transport from 'negative' to 'stable'

The rating agency affirmed "BB-" rating for Manappuram Finance's Issuer Default Ratings with "Stable" outlook

Japan's Rakuten forays into India's B2B tech segment, launches new product

This is the first time that Rakuten will be bringing its products and services into the Indian market

Supreme Court rejects ArcelorMittal Nippon India's plea on arbitration

The SC bench of Justices Indira Banerjee and J K Maheswari held that the trial court can consider the Section 9 Arbitration Act application filed by Essar against ArcelorMittal

ONGC likely to buy out IL&FS stake in Mangalore Special Economic Zone

The deal is likely to be concluded at 'fair value' after ONGC's attempt to buy out the shadow lender's stake in JV at deep discount failed

Rakesh Jhunjhunwala, BofA buy Rs 225-crore Zee Entertainment shares

At the end of June 2021 quarter, Bofa Securities held a 1.03 per cent stake in Zee

Shareholders of Tata Sons clear proposal to raise Rs 40K cr as fresh debt

The nod comes at a time when the group has ambitious plans to enter the e-commerce business

Tata Sons reportedly considering creating CEO role in board revamp

Under the plan being proposed, the CEO will guide the sprawling businesses of the 153-year-old Tata empire, while the chairman will oversee the chief executive on behalf of shareholders, say sources

IPO-bound Oyo to become public limited company: Check details here

The company intends to list its equity shares on one or more stock exchanges to enable shareholders with a formal marketplace for dealing with equity shares

What symptoms do merger talks between Clix and Suryoday SFB represent?

The guidelines for on-tap SFB licences have it that an applicant not found suitable for a licence will not be eligible to apply again for three years

Moody's upgrades Tata Steel to Ba1 from Ba2; stable outlook

The stable outlook underscores Moody's view that Tata Steel will continue to strengthen its balance sheet, liquidity profile and financial policies to enhance its credit quality further

Further upsides in Mindtree may be capped, headwinds foreseen

Supply side pressures could hit its efforts to maintain margins above 20 per cent

Sun Pharma stock expected to keep market lead as firm recovers in US

Stock trading at the highest discount to ten-year valuation averages, as brokerages favour its US specialty portfolio.

Flipkart Pay Later aims to provide credit to over 100 mn new consumers

The facility opens a credit line of up to Rs 70,000 that eligible customers can pay back in 3, 6, 9 or 12 EMIs

Zomato co-founder and head of supply Gaurav Gupta quits

Gupta was the chief operating officer in 2019 when Zomato named his as a co-founder

Vinod Kannan to take charge as Vistara CEO from January 1 in brass rejig

Chief commercial officer to replace Leslie Thng who joins Singapore Airlines

Tata Steel commissions 5-tonne-per-day carbon capture plant at Jamshedpur

Is country's first steelmaker to adopt such a technology that extracts CO2 directly from blast furnace gas; will reuse captured CO2 on-site to promote circular carbon economy

Anil Ambani tells shareholders Rs 7,100-cr claim on DMRC to help prune debt

At AGM, RInfra chief says Supreme Court upheld arbitral award favouring Delhi Airport Metro Express Pvt Ltd, an RInfra arm that once ran Delhi Airport Metro Line

Consolidation in India's residential real estate set to gain ground

Top listed players eyeing higher market share

Zee Entertainment AGM skips discussions on Invesco board removal plans

Board sidesteps questions on corporate governance lapses

FSSAI suspends licences of 15 food business operators in Kerala

Food safety watchdog FSSAI has suspended the licences of 15 food business operators in Kerala as they failed to comply with the requisite mandatory safety audits despite repeated reminders