Page 2417 - Company News
JSW Steel raises $1 bn through bonds issuance in overseas market
JSW Steel on Thursday said it has raised USD 1 billion through issuance of Sustainability Linked Bonds (SLBs) in the overseas market.
 "JSW Steel raises $1 bn through bonds issuance in overseas market")
IIAS asks shareholders to vote against directors of Zee Entertainment
Proxy firm raises corporate governance concerns over MD's salary
 "IIAS asks shareholders to vote against directors of Zee Entertainment")
Byju's buys coding site Tynker for $200 mn to grow in US: Report
Tynker's service, launched in 2013, offers classes and camps on coding, with some curriculum offered for free and premium content sold to schools for an average of $5,000 a year
 "Byju's buys coding site Tynker for $200 mn to grow in US: Report")
MakeMyTrip sees 100% return to travel in pharma, realty, other corp sectors
Firm's recent market study says financial services, IT, consumer goods and auto are the laggards, may be the last ones to see a complete recovery in corporate travel
 "MakeMyTrip sees 100% return to travel in pharma, realty, other corp sectors")
52 cos apply with Rs 6,000-cr investment proposals for AC, LED PLI scheme
Around 52 companies have applied for availing PLIs for white goods makers, proposing an investment of around Rs 6,000 crore in the manufacturing of components for air conditioners and LED lights.
 "52 cos apply with Rs 6,000-cr investment proposals for AC, LED PLI scheme")
India second-largest technology hub for Amazon globally: India Head
India is the second-largest technology hub for Amazon globally and its teams are powering innovations not only for customers in the country but globally as well, a top company executive said.
 "India second-largest technology hub for Amazon globally: India Head")
PFC issues 300 million euro bonds for 7-year period in European market
State-owned PFC on Thursday said it has issued bonds worth 300 million euros for a period of seven years.
 "PFC issues 300 million euro bonds for 7-year period in European market")
Volvo Car contributes Rs 75 lakh to PM CARES Fund towards Covid relief
Volvo Car India on Thursday announced a contribution of Rs 75 lakh to the PM CARES Fund towards COVID-19 relief measures.
 "Volvo Car contributes Rs 75 lakh to PM CARES Fund towards Covid relief")
Ford Motor's India exit opens dealers to legal action from customers
Dealers will likely face "legal complications" given that Indian consumer law makes them liable after a manufacturer exits, Vinkesh Gulati, president of the FADA said
 "Ford Motor's India exit opens dealers to legal action from customers")
Blue-collar worker app Apna becomes a unicorn in under two years
Apna helps bottom-of-the-pyramid job seekers with setting up simple profiles requiring only their name, age and skills.
 "Blue-collar worker app Apna becomes a unicorn in under two years")
AGR deferment has resuscitated the idea of a three-player market: Analysts
While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI), Bharti and Reliance Jio, too, stand to gain
 "AGR deferment has resuscitated the idea of a three-player market: Analysts")
Zee Entertainment institutional investors want clarity from Invesco
Will support fund's stand, if well defined
 "Zee Entertainment institutional investors want clarity from Invesco")
Tata says Dutch state support needed in drive for 'green' steel
Economy minister Stef Blok in a statement said he would investigate extent to which national or international subsidies would be available, without breaking European rules for state support.
 "Tata says Dutch state support needed in drive for 'green' steel")
Tata Power charging ahead on business revamp and recovery
Renewables focus should lead to strong growth
 "Tata Power charging ahead on business revamp and recovery")
TCS m-cap tops $200 bn, shares hit lifetime high of Rs 3,980 intra-day
The stock settles at Rs 3,955 at close, up 1.8% over previous close
 "TCS m-cap tops $200 bn, shares hit lifetime high of Rs 3,980 intra-day")
Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India
The Tata group has confirmed that it has put in its bid. Ajay Singh has participated in the bid
 "Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India")
Big breather for Voda Idea as govt clears relief package for telecom sector
The government also accepted taking equity as payment for dues
 "Big breather for Voda Idea as govt clears relief package for telecom sector")
Cairn, Air India seek stay on New York court proceedings
The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn
Blackstone sells 57 mn units in Embassy Office Parks REIT for over Rs 2k cr
Global fund Blackstone has sold about 5.7 crore units in Embassy Office Parks REIT for over Rs 2,000 crore as part of its strategy to monetise part of its investment, sources said.
 "Blackstone sells 57 mn units in Embassy Office Parks REIT for over Rs 2k cr")
Mitsogo Inc eyes to hire 250 employees; sets up office in Chennai
Leading security solutions provider Mitsogo Inc has planned to recruit 250 new people, as it expanded its footprint by setting up a new office in the city, the company said on Wednesday
 "Mitsogo Inc eyes to hire 250 employees; sets up office in Chennai")