Page 2461 - Company News

Ruchi Soya gets Sebi's approval for Rs 4,300 crore FPO, say reports

According to its draft documents, the issue's net proceeds will be utilised to repay its borrowings and fund incremental working capital requirements

EV shift a near-term threat to valuation of 2-wheeler firms: Brokerages

Brokerages say TVS, Hero and Bajaj are at a greater risk than Eicher Motors

Online gaming gets court relief in TN but there may be other legal battles

Relief by the Madras High Court on the Tamil Nadu government's ban comes as a booster dose for the Rs 7,700-crore online gaming industry but could be a precursor to legal battles in other states

Charting growth: Acute therapy drugs make a comeback in July, shows data

But a fall in doctor visits hit acute therapy drugs. July saw a major turnaround

Lupin bets big on inhalation segment, plans to enter Chinese market

Lupin's portfolio and pipeline addresses 70 per cent of the entire market

Vodafone Idea in talks to refinance over Rs 6,000 crore of its debt

Fall in 4G customers is a concern as Airtel continues to increase its share

Adani Group to acquire MBCPNL portfolio from Sadbhav Infra for Rs 1,680 cr

The deal is subject to customary regulatory and lender approvals and is expected to close in the third quarter of 2021-22

myTVS raises Rs 375 cr from Exor-backed fund, joins 'super app' race

mTVS's super app plans comes after companies Tata Group, Reliance Industries, PhonePe, Paytm and GooglePay, announced the launch of a super app

OIL looks to liquidate short term debt raised for NRL buy in current fiscal

The push to liquidate debt will mean no more acquisition or fund raising being planned this year

Siva industries' IBC proceedings: Lenders to appeal against NCLT order

The lenders plan to move the NCLAT as NCLT slammed the banks repeatedly for not voting on the one time settlement proposal made by the promoters

Aramco in advanced talks to buy stock worth $25 bn in Reliance: Report

Reliance could reach an agreement with energy firm as soon as the coming weeks.

SBI scraps processing fees, lists more offers for retail customers

The country's largest lender State Bank of India on Monday announced a slew of offers for its retail customers ahead of the festive season.

Kerala: Online booking, payment for liquor from select outlets from Aug 17

From August 17, people can book and pay online for liquor from select retail outlets of the Kerala State Beverages Corporation

Ajmera Realty expects Rs 4,000 cr revenue in 3-4 years from 7 projects

The city-based developer Ajmera Realty is expecting around Rs 4,000 crore in topline from the upcoming seven projects which need an investment of around Rs 2,500 crore, a top company official has said

Poonawalla Fincorp plans to triple AUM to Rs 45,000 cr by 2025

The company would also look at listing its housing finance subsidiary with an AUM of Rs 10,000 crore

'Lot of officials' talking on Voda Idea stress, nothing has come to me: FM

Finance Minister Nirmala Sitharaman on Monday said a "lot of officials" were talking to each other but nothing has come to her.

Flipkart partners HRX to expand into sports, fitness equipment category

Walmart-owned Flipkart on Monday said it has partnered with HRX, which was co-founded by actor Hrithik Roshan, to launch a range of sports and fitness equipment for home workouts

Voda Idea's decline in 4G subscriber base in Q1 could compound its worries

For telcos speed with which they can grab or upgrade more customers to 4G has been the key for improved ARPUs, especially when tariffs have been stable for over 18 months except for some recent tweaks

Lupin gets tentative nod from USFDA to market partial-onset seizures drug

Drug firm Lupin on Monday said it has received tentative nod from the US health regulator to market its generic Brivaracetam tablets used for the treatment of partial-onset seizures

Tariff hike key to sector revival, says Vodafone Idea CEO Ravinder Takkar

Amid an existential struggle, Vodafone Idea on Monday said while its recent tariff tweaks are steps in the right direction, such changes are not enough to solve the industry's structural issues