Page 2470 - Company News

Up to India Inc to take risks now as my govt has ushered bold reforms: PM

The prime minister said the economy was picking up pace with the efforts of industry

Grofers' 15-minute delivery pledge fraught with risks, say experts

Experts say delivery time frame on groceries purports to blow right past the logistics promises

Canada's Brookfield to buy 30-acre land in Navi Mumbai for Rs 600 crore

Real estate experts said the price paid by Brookfield is in line with the market

NTPC invites offers for raising up to Rs 5,000 crore as rupee term loan

NTPC said the loan will be utilised towards capital expenditure for ongoing/new capacity addition programmes

ITC to launch super app this year to tap small farmers' potential: Chairman

The product will offer a wide range of agricultural solutions while its micro-services structure will enable plug-in by a range of agtech solutions

ReNew Power enters hydro sector, acquires Larsen & Toubro unit

As part of the deal with L&T, ReNew will take over L&T Utta­ranchal Hydropower, whi­ch owns the Singoli-Bhatwari Hydroelectric Project (SBHEP), from L&T Power Development

PGCIL board approves Rs 425 crore fresh equity investment in EESL

State-owned Power Grid Corporation of India Ltd (PGCIL) board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services

Top headlines: PM says retro tax 'mistake of past'; 10 dead in HP landslide

Business Standard brings you the top headlines this evening

VIL's position to remain tough till meaningful capital infusion: Report

The Credit Suisse report expects Airtel to be 'well placed' in either of the scenarios, of two-private-operator sector, or three private operators post an industry repair

State-owned NTPC plans to raise term loans worth up to Rs 5,000 crore

The minimum amount of loan offered by banks/ financial institutions shall be Rs 500 crore and in multiples of Rs 500 crore thereafter, as per the company.

PNB Housing eyes Rs 35,000 cr fresh debt as Carlyle deal faces hurdles

The company said it will seek shareholders' approval for further fund raising by way of debt issue.

L&T sells Singoli-Bhatwari hydro project to Renew Power for Rs 985 cr

Larsen & Toubro divestment of 100% stake in 99 megawatt run-of-the-river hydroelectric power plant to Renew Power Services Pvt Ltd

PwC India to invest Rs 1,600 crore, create 10,000 more job opportunities

A large proportion of these jobs will come in the areas of digital, cloud, cyber, analytics and emerging technologies.

Brookfield India REIT operating income up 4% in June quarter to Rs 170cr

Company to distribute Rs 182 crore to unitholders

Oyo makes room for revival, tweaks strategy for sustainable growth

The asset- and capex-light model, which is at the heart of the strategy, is yet to be tested

Eyewear brand Lenskart to hire over 2,000 employees by 2022

Lenskart will also expand its international teams in Singapore, West Asia, and the US by adding 300 more employees

Blue Tokai raises Rs 17 cr in pre-series B bridge round led by Anicut Angel

The company started out selling its specialty coffee online and via B2B partnerships; then sought to provide the complete coffee experience through cafes

Air India, BPCL disinvestment to be completed this year: DIPAM Secretary

He said IDBI Bank's strategic disinvestment has also been set into motion with the Cabinet approval.

ITC adopting disruptive business models as part of strategy reset, says MD

About the FMCG business, Sanjiv Puri said ITC is focusing to build a formidable business at scale and several of its brands have already achieved leadership positions

Asset-right strategy to drive ITC's game-plan for hotels post Covid: MD

Sanjiv Puri said an extensive strategy reset has been undertaken to architect the structural drivers that will power ITC's next horizon of growth