Page 2415 - Company News
Telecom relief package credit positive for Airtel, Jio, says Moody's
Moody's said the change in the AGR definition to exclude non-telecom revenue will ultimately boost sectorwide EBITDA
 "Telecom relief package credit positive for Airtel, Jio, says Moody's")
Amazon Academy, Sri Chaitanya tie up to help students crack JEE/NEET exams
Students to get access to Sri Chaitanya's teaching experience of 35 years and Amazon Academy's quality content, deep learning analytics and tech-backed courses in Physics, Chemistry, Maths and Biology
 "Amazon Academy, Sri Chaitanya tie up to help students crack JEE/NEET exams")
Ford wakes up badly burnt from its India dream: Here's what went wrong
Analysts and executives said foreigners badly misjudged India's potential and underestimated the complexities of operating in a vast country that rewards domestic procurement.
 "Ford wakes up badly burnt from its India dream: Here's what went wrong")
Uncertain call remains for Vodafone Idea despite govt's relief package
The telecom relief package has offered the ailing telecom service provider only a breather; it will have to earn its way to the longer-term policy benefits
 "Uncertain call remains for Vodafone Idea despite govt's relief package")
Bharti Airtel chairman Sunil Mittal dials Voda, Jio to strike synergy note
Telecom reforms have paved the way for all players to come together and work as a team to unleash India's telecom dream, he said
 "Bharti Airtel chairman Sunil Mittal dials Voda, Jio to strike synergy note")
Moratorium under IBC applies only to corporate debtor not to promoters: SC
The Supreme Court has held that moratorium under provisions of IBC which restrains initiation of any fresh proceedings applies only to the Corporate Debtor but does not protect the promoters
 "Moratorium under IBC applies only to corporate debtor not to promoters: SC")
Don't fake it, just be yourself; Amazon CEO's tips to crack job interview
In a fireside chat at LinkedIn's Career Day event, Andy Jassy says Amazon is an unusual place to build a career. It's an amazing place if you want to have an impact on the world
 "Don't fake it, just be yourself; Amazon CEO's tips to crack job interview")
Power Finance Corp issues maiden Euro Green Bond, aims to mop up £300 mn
The 7-year instrument has been priced at 1.841%, which PFC says is the lowest yield locked in by an Indian issuer in Euro markets
 "Power Finance Corp issues maiden Euro Green Bond, aims to mop up £300 mn")
JSW Steel raises $1 billion via bonds issuance in overseas market
The company says it is the first in the steel sector globally to issue an SLB in a hard currency
 "JSW Steel raises $1 billion via bonds issuance in overseas market")
Govt may select winner in Air India's disinvestment in about three weeks
The Tata group and SpiceJet promoter Ajay Singh are in the race to acquire the loss-making airline
 "Govt may select winner in Air India's disinvestment in about three weeks")
US-based Invesco Fund invests $100 mn in Sequioa-backed Pine Labs
Earlier in July, the company had raised a total round size of $600 million and brought in a marquee set of new investors, which took its valuation to $3 billion
 "US-based Invesco Fund invests $100 mn in Sequioa-backed Pine Labs")
Byju's continues acquisition spree, buys US-based coding startup Tynker
Since its inception in 2013, Tynker has helped kids create over seven billion lines of code. The acquisition would further accelerate Byju's US market expansion
 "Byju's continues acquisition spree, buys US-based coding startup Tynker")
5G tech, new equity investors to be Vodafone Idea's calling card
Valuation gets a leg-up after bailout package
 "5G tech, new equity investors to be Vodafone Idea's calling card")
FADA seeks clarity from Ford on compensation structure for dealers
Automobile dealers' body FADA has sought clarity from Ford about the compensation structure it is working out for its dealer partners after announcing the closure of its two manufacturing plants
 "FADA seeks clarity from Ford on compensation structure for dealers")
Dixon, Hindalco, Daikin and 49 others apply for PLI scheme for white goods
The budgetary outlay of the scheme is Rs 6,238 crore. Any unutilized amount from the scheme allocation will be reviewed later
 "Dixon, Hindalco, Daikin and 49 others apply for PLI scheme for white goods")
Airtel hikes prices of plans offering Disney+Hotstar subscription
Bharti Airtel on Thursday hiked prices of mobile prepaid and home broadband plans that come bundled with Disney+Hotstar subscription due to changes in pricing made by entertainment app
Govt likely to hold 30-70% equity in Vodafone Idea after four years
The move has been questioned by many analysts who say that if both options are taken, it will turn VIL into a government company
 "Govt likely to hold 30-70% equity in Vodafone Idea after four years")
Snapdeal announces additional maternity benefits, two-week paternity leave
As companies look to welcome staff back to office, Snapdeal update to its maternity leave policy comes keeping in mind the ongoing pandemic and apprehensions new mothers may have
 "Snapdeal announces additional maternity benefits, two-week paternity leave")
Biocon Biologics to offer 15% stake to Serum Institute Life Sciences
Biocon Biologics, a subsidiary of Biocon, on Thursday said it will offer around 15 per cent stake to Serum Institute Life Sciences at a post-money valuation of about $4.9 billion
 "Biocon Biologics to offer 15% stake to Serum Institute Life Sciences")
Biological E gets approval to manufacture J&J Covid-19 vaccine in India
According to sources, discussions are on between J&J and the Centre on the matter of indemnity against any serious adverse effect after vaccination
 "Biological E gets approval to manufacture J&J Covid-19 vaccine in India")