Page 2437 - Company News

Bharti Airtel's rights issue credit positive for itself, says Moody's

Bharti's rights issue is credit positive for the company, Moody's Investors Service has said as it noted that the fresh capital would keep the leverage relatively stable

Snapdeal weighs $400 mn IPO, joining other Indian startups in listing spree

The company, which counts SoftBank Group Corp. among its investors, is speaking with advisers about a potential listing in Mumbai that could value it at as much as $2.5 billion

Future-Reliance Retail merger deal: FRL seeks early hearing of appeal in SC

Future Retail Ltd Friday sought an early hearing in the Supreme Court on its fresh appeal against a recent Delhi High Court order

Reliance's cheap JioPhone can unleash a credit revolution across the globe

A small band of policy influencers may unlock the next big prize for banks: the billions who operate outside the formal finance sector.

Unicorns of tomorrow: Zilingo, Mobile Premier League, Rebel Foods are top 3

India becomes the third largest startup ecosystem in the world

Trai's order paves the way for tariff hike by telecom operators

Telcos offering segmented tariff offerings has been a bone of contention for a while

Car review: The Kushaq looks to become lord of small SUVs in India

For those who want to get into sportier driving, the high-end variants come with paddle-shifters for quicker shifting of gears

Adani Green raises $750 million from Green Bonds, coupon set at 4.375%

Funds will be utilised towards equity funding of the capex for underlying renewable projects under construction by AGEL

Pick up in economic activities boosts freight rates, CV sales in August

For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet

Tata Capital Financial Services plans to raise up to Rs 11,500 crore

Tata Capital Financial Services made a profit of Rs 678 crore in FY21, as compared to Rs 114 crore in FY20

Walton Street Blacksoil fund gets commitments of Rs 360 cr for its new fund

The Rs 500 crore fund has an additional green-shoe option of Rs 250 crore

Embassy REIT to raise up to Rs 300 cr via non-convertible debentures

Embassy Office Parks REIT will raise up to Rs 300 crore through issue of non-convertible debentures.

PNB says Jet revival plan is discriminatory, files appeal in NCLAT

PNB is the largest shareholder in Jet Airways with 26 per cent stake which it secured after invocation of a pledge in 2019

After Maruti, Mahindra warns of 20-25% production loss due to chip shortage

Most other auto firms in India including Tata Motors, Hyundai Motors, Kia Motors, Nissan, Renault and Honda Cars have either already curbed production or will do so soon

Aon increases stake to 100% in Aon India Insurance Brokers

Aon had acquired a 49 percent stake from former Infosys Chairman N R N Murthy's Catamaran Ventures in 2020

Sembcorp, Adani emerge as L-1 bidders in 1,200 MW wind energy auction

Sembcorp firm Green Infra Wind Energy, ReNew Naveen Urja, Adani Renewables Holdings Fifteen and Anupavam Renewables have emerged as the lowest bidders in an auction for 1,200 MW wind energy projects

Reliance Retail Ventures acquires sole control of Just Dial

On Sep 1, 2021, Just Dial allotted 21.2 mn shares at Rs 1,022.25 apiece to RRVL

Biscuit maker Britannia's stock rally to continue on demand revival

Its stock price is up 20% since the beginning of August, against 10% rally in Sensex

Govt appoints Atul Bhatt as CMD of Rashtriya Ispat Nigam Ltd

Atul Bhatt has been appointed as chairman and managing director (CMD) of disinvestment-owned steel company Rashtriya Ispat Nigam Ltd (RINL), according to an official notification.

Twitter testing new safety feature to block accounts using foul language

The microblogging site will rolling out the safety feature to a small feedback group on iOS, Android and Twitter.com, beginning with accounts that have English-language settings