Page 2464 - Company News
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
 "Poonawalla Fincorp plans to triple AUM to Rs 45,000 cr by 2025")
'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.
 "'Lot of officials' talking on Voda Idea stress, nothing has come to me: FM")
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
 "Flipkart partners HRX to expand into sports, fitness equipment category")
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
 "Lupin gets tentative nod from USFDA to market partial-onset seizures drug")
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
 "Tariff hike key to sector revival, says Vodafone Idea CEO Ravinder Takkar")
India's Petronet aims to extend long-term LNG buy deal with Qatar
Petronet has a deal to buy 7.5 million tonnes per year (mtpa) of LNG from Qatar under a long-term deal expiring in 2028.
 "India's Petronet aims to extend long-term LNG buy deal with Qatar")
Amid HK turbulence, HSBC buys AXA Singapore for $575 mn to grow Asia wealth
The acquisition will give HSBC the eighth largest life insurer in Singapore, as well as a leading group health insurance firm, with assets of $474 million, according to a statement.
 "Amid HK turbulence, HSBC buys AXA Singapore for $575 mn to grow Asia wealth")
Analysts air concerns over weak vitals of Vodafone Idea post Q1 results
In its note ICICI Securities said it sees 'high risk and huge concern for VIL' and it has put VIL's estimates, rating and target price under review until further clarity
PE/VC investments touch all-time high of $9.5 bn in July: Report
Investments by private equity and venture capital funds doubled to a record high of USD 9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday
 "PE/VC investments touch all-time high of $9.5 bn in July: Report")
Tata Motors signs up Bank of Maharashtra for passenger vehicle financing
Bank of Maharashtra will provide loans to Tata Motors' customers at an interest rate starting 7.15 per cent.
 "Tata Motors signs up Bank of Maharashtra for passenger vehicle financing")
India state fuel retailers' Aug 1-15 gasoil, gasoline sales drop m/m
Gasoline sales at 985,852 tonnes between Aug 1-15 were 4.93% lower compared with those between July 1-15
 "India state fuel retailers' Aug 1-15 gasoil, gasoline sales drop m/m")
Companies woo IT talent with luxury cars, gadgets as Covid fetches business
The huge capital inflows have enabled large, as well as startup IT firms to launch all-out attempts to acquire a talent pool
 "Companies woo IT talent with luxury cars, gadgets as Covid fetches business")
BHP, world's largest miner, in talks to sell multibillion oil, gas assets
Group in talks to sell global oil, gas business to Australia's Woodside after shedding some of its coal assets.
 "BHP, world's largest miner, in talks to sell multibillion oil, gas assets")
Latent View files draft papers with SEBI to raise Rs 600 cr via IPO
Data analytics services provider has filed preliminary papers with capital markets regulator.
 "Latent View files draft papers with SEBI to raise Rs 600 cr via IPO")
Ola Electric launches Ola S1 scooter, prices start at Rs 99,999
Bhavish Aggarwal against sale of petrol 2-wheelers after 2025
 "Ola Electric launches Ola S1 scooter, prices start at Rs 99,999")
Instagram ad options for brands give businesses a wider audience
More than 200 million businesses, mostly small ones, use Instagram tools to connect with customers
 "Instagram ad options for brands give businesses a wider audience")
Mahindra to have fewer brands, more extensions in its comeback trail
The XUV700, its latest SUV offering that broke cover on Saturday, is the first model that marks the shift in the strategy
 "Mahindra to have fewer brands, more extensions in its comeback trail")
Vi lost 12.4 mn subscribers in the first quarter, most since March-end 2020
The sequential fall in 4G subscribers was modest, indicating that most of the subscriber loss was in the low-margin 2G segment
It's loading: Paytm looks to become a super app by the end of year
700 developers on its mini app store; will touch 2,000-3,000 by year end
 "It's loading: Paytm looks to become a super app by the end of year")