Page 2537 - Company News

After sinking billions, Walmart, Amazon haven't learnt their place in India

India is effectively muzzling the two leading US players. and it's tilting balance in favor of offline commerce, away from digital startups that are India's best bet for rebuilding the economy.

Jet shares continue to rise; monitoring committee for airline in place

Continuing on its upward trajectory, shares of grounded Jet Airways gained nearly five per cent to touch its upper price limit on Tuesday

Amazon battles regulators in bid to stay dominant in India's e-comm market

The tussle with governments is a familiar territory for Amazon since it, along with Apple, Google and Facebook, face potentially similar charges in the US

Making sense of crisis-hit Jet Airways' juggle for key airport slots

The Kalrock-Jalan consortium, whose proposal got the NCLT nod, hopes to restart Jet Airways as a full service airline with 25-30 aircraft

Averse bankers, willing RBI push companies towards the bond market

The corporate bond market is still dominated by financial companies, but non-financial companies have marked their presence in the past one year

ADNOC and Reliance Industries to set up petrochemical project in Abu Dhabi

Integrated plant will have a capacity to produce 940,000 tonnes of chlor-alkali, 1.1 million tonnes of ethylene dichloride and 360,000 tonnes of PVC annually

Sebi overhauls norms for appointment, removal of independent directors

Move designed to reduce sway of promoters; regulator also prunes minimum application amount for REITs and InvITs to Rs 10,000-15,000.

Coal India committed to achieving carbon offset of 60k tonnes by year-end

State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday.

Nalco posts extraordinary Q4 results on back of global boom in aluminium

Higher aluminium prices led to 855% rise in net profit in FY21

This year will be challenging from supply perspective: PolicyBazaar.com CEO

In a Q&A Sarbvir Singh dwells on the current trends in the insurance space and how his firm's business model will change now that it has got a broking licence

NTPC to hive renewable arm and list it soon, plans to add 60 Gw capacity

Firm has not added thermal capacity in the last five years, is evaluating if renewable energy will be enough for demand.

SBI to levy charges for cash withdrawal beyond 4 free transactions a month

SBI will charge Rs 15 plus GST per cash withdrawal beyond 4 free cash withdrawals.

Covid-19 impact: E-commerce drives demand for warehousing in H1

Embassy Industrial Parks (EIP), Stellar Supply Chain Solutions, and TVS Industrial & Logistics Parks, among others, have seen a growth of anything between 30 per cent and 100 per cent in H1CY21.

A 2019 investigation of Bombay Dyeing may delay Go Air IPO by a month

Airline says it is adequately funded till end of the year, listing will 'not be derailed'.

Devas joins Cairn Energy in trying to seize Air India's overseas assets

Indian authorities and Devas are engaged in multiple court cases globally after a dispute that goes back to 2011.

Godrej holding company hikes stake in Godrej Properties, Agrovet

With the stake buy in Godrej Properties, Godrej Industries' stake in the company will rise to 47.29 per cent.

Demand recovery key to Apollo Tyres' aggressive $5 billion revenue target

Street will watch out for capital allocation, deleveraging progress

Standard Life sells 5% stake in HDFC Life Insurance in two tranches

A total of 100.8 million shares were sold in two tranches at Rs 672 and Rs 673; names of buyers couldn't be ascertained

Serum Institute applies for EU nod through drugmaker AstraZeneca

SII Chief Executive Officer Adar Poonawalla said on Mon­day he had taken it up at the "highest levels".

Urban poor remain a worry for FMCG companies; unlock brings hope

According to experts, half of urban sal­es or 30 per cent of total sales comes fr­om the urban poor, especially for food firms.