Page 2530 - Company News

Recharge now, pay later: Jio launches 'emergency data loan' facility

The emergency data loan can be availed through MyJio App.

In talks for fund raise; floor price 'best' fix for pricing issues: VIL

Cash-strapped VIL on Friday said it is in active talks with potential investors for fundraising

CG Power case delays Aditya Birla Sun Life's IPO by at least 3 months

Sebi has put initial offer in abeyance due to pending inquiry against group firm

India shifts international tax deal stand with an eye on revenue

India and other developing countries were fighting to include companies with at least Euro 1 billion in revenues as against the final proposal of Euro 20 billion revenues and a profit margin above 10%

Centre includes retail and wholesale under MSMEs, to benefit 25 mn traders

MSME Minister Nitin Gadkari said the decision would make such traders eligible for finance under priority sectors classified by the Reserve Bank of India (RBI)

Electric scooter-maker Ather Energy takes on Ola, expanding its Hosur plant

Ather's aggression comes on the heels of Ola Electric's ambitious game of investing Rs 2,400 crore to build a plant to make 10 million two-wheelers a year by 2022.

Facebook, Instagram take down millions of posts in compliance with IT rules

Facebook removed 25 million pieces of content identified as 'spam,' 1.8 million pieces of content containing 'adult nudity and sexual activity.'

NPPA allows 50% price hike for ibuprofen, ranitidine, carbamazepine

These are scheduled drugs (or ones that are under price control) and low priced

Debt-laden Vodafone Idea breaches the loan covenants with lenders

Lenders want telco to put more skin in the game

Lunch with BS: Meet Marjet Andriesse, the head that wears the hat

The number of women in leadership roles in tech companies has gone up since she started out 30 years ago but it is still small, Andriesse tells Samreen Ahmad

Bharti rolls out all-in-one bundle plan 'Airtel Black' to take on Jio

Bharti Airtel said it will provide dedicated relationship managers with a 60-seconds call pick-up facility.

Low tariffs key hurdle in raising fresh funds, says Vodafone Idea

Vodafone-Idea has been looking to raise around Rs 25,000 crore for the last nine months

Airtel, Voda Idea, BSNL and MTNL's debt zooms to Rs 3.85 trillion in FY21

Their debt-to-equity ratio shot up to 6.83 times from 2.3 times at the end of March 2020

Zomato seeks CCI nod for 9.3% stake in e-grocery major Grofers

Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake.

Power generator NTPC plans IPO for Rs 2.5 trn expansion of renewables biz

Listing intended to enable transformation over the next decade for a company that relies on coal to produce the vast majority of its electricity.

Strong deal pipeline may boost Q1 show of IT companies: Analysts

Margins will be a concern with salary hikes and attrition taking centre-stage

Injectables consolidation could fetch higher valuations for Aurobindo

Separate listing could capture strong growth rates which is not the case in the current structure

Amid Covid, capital goods sector sees signs of hope

Indications of demand expansion for manufacturing companies, stronger balance sheets are some positives

Govt extends superannuation age of LIC chairman to up to 62 years

The government has extended the superannuation age of IPO-bound LIC Chairman to up to 62 years by making amendment to the Life Insurance Corporation of India (Staff) Regulations, 1960.

CERC allows BSES discoms to exit PPAs with NTPC Dadri power plant

Under the RPO, the discoms are required to purchase a certain proportion of electricity from renewable sources as mandated by the power regulators.