Page 2514 - Company News

Cairn Energy freezes 20 Indian state-owned properties in Paris: Reports

Scottish oil producer's action is its latest attempt to force India to pay $1.7bn awarded by an international tribunal over a tax dispute.

Manufacturing trouble: Covid robs Moradabad's Brass City of its polish

SMEs struggling, recovery slow; rise in key raw material cost hurting exporters

Tata go-ahead not needed to pledge shares, says Shapoorji Pallonji Group

Has approached foreign banks for a Rs 5,000-crore bridge loan

PNB advises Housing arm to rejig Carlyle deal as per Sebi order

PNB Housing to await SAT's order before taking a call on restructuring

Google, Facebook won't have to pay domestic tax under new IT rules

Appointment of grievance officer does not imply permanent establishment, say officials

Adani Group to raise over $1.5 bn to refinance Mumbai airport debt

MIAL has a debt of about Rs 9,000 crore, including project term loan of about Rs 5,470 crore

Weak Q1 show due to curbs in key markets may limit upsides in Titan

Analysts expect hallmarking, recovery to aid market share gains for the jewellery retailer

4 million doses of Pfizer, Moderna likely through COVAX by August

Indemnity issue to be settled to bring the two US vaccines through COVAX

Mukesh Ambani, Gautam Adani face off in race to solar domination

Indian tycoon Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to ground and ignite bidding wars with fellow billionaire Gautam Adani, industry analysts say

Former WhatsApp business head Neeraj Arora may rejoin Paytm Board: Sources

Arora, widely credited with the structuring of the Facebook and WhatsApp deal, was on the Paytm Board from 2015-2018

IT, pharma, textile, auto ancillary sectors stand to gain from a weak rupee

The textiles sector saw a recovery in Q4FY21 and a weaker rupee could make it more competitive, and boost exports

NCLAT closes insolvency proceedings against Oyo and its subsidiary

NCLAT has closed proceedings for insolvency of Oyo's subsidiary Oyo Hotels and Homes Private Limited and allowed Oyo's plea for setting aside the Insolvency and Bankruptcy Code case against OHHPL.

Zomato raises IPO size amid robust demand; issue likely to open on July 14

IPO price band likely to be Rs 70-72 per share

ED attaches 3 Gurugram plots in money laundering case against Unitech Group

The total attachment in this case now stands at Rs 537 crore as two similar orders were earlier issued that froze assets worth about Rs 431 crore.

Semi-conductor shortages: Why did Tata Motors' warning spook investors?

JLR acco­u­nts for half the company's global unit sales and nearly 80 per cent of its consolidated revenues

Underperforming hotels going dirt cheap but buyers lack appetite

20-25% of 150,000 branded hotels risk permanent closure; May room tariffs down 16-18% on average; occupancy drops to 18-20%, revenue per room down by 49-51%

Gautam Adani seeks Rs 7,500 cr to refinance Mumbai airport debt

Barclays Plc and JPMorgan Chase & Co. are among banks in discussions to provide the funds to Adani Airport Holdings Ltd, say people familiar with the matter

Flipkart achieves zero single-use plastic packaging in supply chain

Flipkart has also ensured it is fully compliant with all EPR rules and through its network of recyclers, the equivalent quantity of single-use plastic going to consumers is fully recycled

Bajaj Group market cap hits $100 bn; fourth family-owned biz to hit mark

Many family business houses have seen a huge jump in their market cap in the past one year

Matrimony.com to buy wedding planning firm ShaadiSaga for Rs 11 cr

The deal will enable Matrimony.com to scale up its presence significantly in the North and West regions