Page 2518 - Company News

Amazon to host flagship sale event Prime Day in India on July 26-27

Coming at the 5th anniversary of Prime in India, the event will deliver best deals and savings across categories such as smartphones, consumer electronics, appliances and Amazon devices

Zomato prices its IPO at Rs 72-76 per share; offer open between July 14-16

At the top end of the band, the company could raise Rs 9,375 cr and is valued at Rs 64,365 cr. Zomato's is the largest IPO in 16 months after SBI cards which raised Rs 10,355 cr

Fitch assigns stable outlook to ReNew RG II's $525 million notes at BB

Fitch Ratings has assigned a stable outlook to ReNew RG II's $525 million senior secured notes due in 2024 and affirmed the rating at BB.

SPARC raises over Rs 1,110 cr; issues warrants to Dilip Shanghvi, others

Sun Pharma Advanced Research Company on Thursday said it has raised over Rs 1,112 crore by way of issuing warrants to the company's promoter Dilip Shanghvi and other entities

Larsen & Toubro Infotech completes acquisition of Cuelogic Technologies

Larsen & Toubro Infotech on Thursday said it has completed acquisition of Cuelogic Technologies, a digital engineering and outsourced product development company

Cairn says it has won court order to freeze India state assets in Paris

Company says French development is 'necessary preparatory step' to take over Indian's state assets, calls for 'amicable settlement'.

Medical oxygen from Honeywell technology has saved 120,000 lives in India

Patented technology of US firm, which tied up with DRDO last month, to save 66,500 more people in July-August

Macrotech Developers Q1 sales bookings surge 88% to Rs 957 cr despite Covid

Realty firm Macrotech Developers on Thursday reported an 88 per cent rise in its sales bookings at Rs 957 crore for the quarter ended June on strong demand despite the second wave of Covid pandemic

Food delivery firm Zomato prices $1.25 bn IPO at Rs 72-76 per share

Indian food delivery firm Zomato said on Thursday it would price its $1.25 billion initial public offering at 72 to 76 rupees per share, with the IPO set to open for subscription from July 14 to 16.

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