Page 2449 - Company News

Pizza Hut ties up with HUL to add Kwality Wall ice cream, desserts in menu

Quick service restaurant Pizza Hut on Wednesday said it has partnered with Hindustan Unilever to add the FMCG firm's Kwality Wall's ice cream and desserts to its dine-in as well as the delivery menu

Difficult for CIL to give 50% wage hike to workers, CMD tells union

Coal India Chairman Pramod Agrawal has said it will be difficult for the PSU to give 50 per cent wage hike to workers, as demanded by the unions, due to financial constraints facing the company

Discoms' projected Rs 90,000 cr loss 'grossly inflated': Power ministry

ICRA in March in an analysis had indicated that discom losses will increase to Rs 90,000 crore in FY21, under a particular scenario

GMR group can operate Nagpur airport as it wins privatisation case

Bombay High Court sets aside Mihan's order canceling contract

Bharti group-backed OneWeb granted LoI for NLD, says DoT official

OneWeb, the Low Earth Orbit satellite communications company backed by Bharti Group, has been granted letter of intent for national long distance,a senior Telecom Department official said on Wednesday

Despite regulatory, discom challenges, Sterlite Power bets on demand growth

IPO-bound Sterlite looks at growth in power transmission infra and power equipment industry

Coal India unions seek 50% rise in workers' salaries in early talks

A 50% wage boost would be a dramatic increase for company, which revises salaries of non-executive staff every five years.

Amazon enters India wealth management with bet on startup Smallcase

Smallcase improves digital access to capital markets by offering weighted portfolios of stocks and exchange traded funds.

$86 bn of takeovers, but big oil's merger mania has an eye on its demise

Deal activity doesn't suggest an industry gearing up for a rally in demand.

From L&T Infotech to Tata Elxsi, mid-cap IT stocks lagging large-cap peers

Their m-cap is up 5% this month, against 11% rise in large-cap IT stocks

India asks US court to reject Cairn Energy's $1.2 billion suit

The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a $1.2 billion arbitral award, saying it had sovereign immunity under US law

Adani Group stocks decline 16-52% from their 52-week highs

Among the Adani group companies, Adani Power has witnessed the sharpest decline - a 52 per cent fall from its 52-week high hit on June 9, 2021

Amid commodity boom, equity funds increase allocation for metals in July

Top ten metal stocks bought by the equity funds in July included Tata Steel and Hindalco Industries

8 law firms in race to advise on sale of govt's 45.48% stake in IDBI Bank

LIC, which owns 49.24 per cent, will also offload its stake to transfer management control to the new buyer

HAL inks Rs 5,375-cr contract for supply of engines for Tejas aircraft

Since it first flew in January 2001, the Tejas LCA has been powered by a single General Electric (GE) F404-IN20 engine.

Naveen Jindal group, two others submit final bids for Reliance Naval

CoC to take a call on Wednesday

Will implement single judge order against Reliance deal: HC to Future Group

The Delhi High Court Tuesday said it will implement the single-judge order restraining Future Retail Ltd (FRL) from going ahead with the Rs 24,713 crore deal with Reliance Retail to sell its business

SpiceJet kicks off cargo business sale; valuation at Rs 2,500 crore

It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money

Embassy Group, Kalpataru tap global funds for over Rs 2,000 crore

Embassy raises Rs 1,200 crore from Bain Capital; Kalpataru Rs 850 crore from PAG

ReNew Power to list on Nasdaq this month, RMG investors approve merger

ReNew is looking to be fully funded for its equity requirements till fiscal year 2025 through this listing