Page 2478 - Company News

BigBasket co-founder makes a silent exit, plans to build new business

Abhinay Choudhari is building his laundry offering on affordability and a quick turnaround time of 24 hours

Kumar Mangalam Birla steps down from Vodafone Idea board after stake offer

Birla Group Chief Financial Officer Sushil Agarwal has been named additional director on the Vi board

ED slaps Rs 10,600-crore notice on Flipkart for forex violations

The probe reflects discrepancies in Flipkart's structuring operations, according to the official

Delhi court sends Avantha promoter Gautam Thapar to one-day ED custody

Thapar was arrested on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai

Despite strong growth, Dabur stock may hit the valuation roadblock

The management is confident of double digit sales growth and steady margins in FY22

Maruti hits semiconductor roadblock in Gujarat; plants to cut shift timings

State's plants which produce popular models like Baleno, Swift will shut production for 3 days, cut shift timings

Karan Bajaj, who sold WhiteHat Jr to Byju's for $300 mn, decides to move on

Hands over baton to Trupti Mukker, a top executive at WhiteHat Jr and his classmate from IIM-Bangalore

India needs 3 pvt players in telecom; hope govt offers support: Airtel CEO

KM Birla had in June this year offered to hand over group''s stake in debt-laden Vodafone Idea Ltd to government or any other entity to ensure that company remains a going concern.

Govt stands to lose whether it saves debt-laden Vodafone Idea or not

Vodafone Idea is pushing for a third concession. It is hoping the government will pay the GST refunds

Tracking Gautam Thapar: Avantha Group poster boy's fall from grace

Group insiders and analysts say that the group could never recover from the rapid expansion drive, along with some failed foreign buyouts

Voda Plc offers Vodafone Idea stake to lenders and BSNL for free

Vi shares plunge 18% after ABG's offer to hand over 27% stake gratis

Adani Green posts 10x increase in profit to Rs 219 crore in Q1FY22

The total income of the company increased to Rs 1,079 crore in the first quarter from Rs 878 crore in the same period a year ago

Titan back in black in Q1FY22, posts consolidated net profit of Rs 18 cr

Total income during the quarter under review stood at Rs 3,519 crore. It was Rs 2,020 crore earlier, Titan said in a regulatory filing.

IRCTC's payment gateway gains traction, handles 125,000 transactions daily

IRCTC introduces Autopay feature to ensure more reliable ticket booking

Conversational AI firm yellow.ai raises $78.15 mn in Series C round

The company's AI-powered bots deliver automated customer experience on over 35 chat and voice channels, across more than 100 languages, handling over a billion interactions every quarter

New players take lead in commercial coal auction

Prakash Industries quoted a premium of 55.7% for Bhaskarpara mine in Chhattisgarh, the highest bid of the day

Plea for insolvency doesn't get time barred even if filed after 3 yrs: SC

SC ruled that plea by financial creditor won't get time barred even if filed beyond a period of three years from the date of declaration of the loan account as NPA.

Thriwe earmarks $30 mn for acquisitions, to buy Alliances Galore

B2B consumer benefits marketplace Thriwe said it has earmarked $30 million for buyouts and is looking at acquiring 3-4 strategic assets in the next 18 to 24 months to drive business growth.

Dr Reddy's to sell US, Canada territory rights for migraine drug to BDSI

Drug firm Dr Reddy's Laboratories on Wednesday said it has entered into a definitive agreement with BioDelivery Sciences International, Inc., to sell its US and Canada territory rights

Banks to discuss next course of action on debt-laden Vodafone Idea

Lenders to Vodafone Idea (VIL) are expected to hold talks to decide on the future course of action with regard to their exposure to the debt-laden telecom player which is struggling to stay afloat