Page 2544 - Company News

Suraksha group gets nod from lenders, homebuyers to buy Jaypee Infratech

This is the fourth round of bidding process to find a buyer for JIL, which went into Corporate Insolvency Resolution Process (CIRP) in August 2017.

Dabur to spend Rs 550 cr on new MP plant in largest location-wise exposure

The firm has secured 51 acres of land and begun construction work for the initial phase, which is to be completed within the current financial year

IBM, IISc launch innovation lab to advance hybrid cloud research in India

Students and faculty will work at the lab alongside IBM Research scientists on cutting-edge research to help organisations leverage true power of hybrid cloud

Coronavirus second wave clogs rebound route for travel operators: Crisil

The tours and travel industry was beginning to recover before the second wave

SBI may need to raise only up to Rs 9,000 crore in capital in FY22

State Bank of India is the country's largest bank

Heineken takes control of India's United Breweries cementing its position

Heineken is the world's second largest beer maker

Tribunal sold UB shares worth Rs 5,800 cr in Mallya bank fraud case: ED

The DRT has sold shares worth over Rs 5,800 crore of United Breweries that were earlier attached under the anti-money laundering law as part of an alleged bank fraud probe against Vijay Mallya

Glenmark Pharma gets US health regulator nod for inhalation product

Glenmark Pharma said it received approval from the US health regulator for Arformoterol Tartrate Inhalation Solution, used to treat conditions like chronic bronchitis and emphysema, in the US market

NCLT clears Kalrock-Jalan resolution plan for Jet Airways with riders

NCLT rejects demand for historicity of slots

A forgotten chipmaker in US may hold key to end worldwide shortage

GlobalFoundries sits pretty with its everyday products as larger rivals battle it out to make ever-more advanced chips.

India e-commerce rules cast cloud over Amazon, Walmart and local rivals

New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart's Flipkart as they may have to review their business structures, senior industry sources said

With Clubhouse setting the trend, social audio locks down an opportunity

Clubhouse set the trend last year; now Twitter, Facebook and a host of domestic apps are crowding into this space

Plan to grow annuity portfolio to over Rs 2,800 crore: Prestige Estates CEO

Venkat K Narayana, CEO of Prestige Estates Projects, tells Raghavendra Kamath that residential sales will do well due to multiple factors, and that demand for office properties will remain robust

HDFC Bank, HDFC Securities to pick up stake in Borderless Softtech

HDFC Bank alongwith its subsidiary HDFC Securities will pick up stake worth Rs 6.9 crore in backend software infrastructure development company Borderless Softtech, the bank said on Tuesday.

Google is at its peak, but employees see cracks and question CEO Pichai

Employees say Google is rocked by workplace culture fights, and Pichai's attempts to lower the temperature had the opposite effect.

Electric vehicle makers laud Gujarat policy, terming it progressive

Various companies like Tata Motors, Mahindra and Hero Electric on Tuesday lauded the Gujarat government for bringing a new electric vehicle policy in the state.

Infosys to resolve major issues with new tax filing portal in a week

Sitharaman asked Infosys to work on the tax portal to make it more "humane and user-friendly"

Kalrock-Jalan consortium starts work to fly crisis-hit Jet Airways again

Jet suspended operation in April 2019 & its permit is not valid

GMR Infrastructure to sell stake in Indonesia mine to raise $400 million

GMR had acquired 30 per cent stake in PT GEMS for $550 million in March 2018

Tata Sons chairman Chandrasekaran for hybrid model of work, 'a third place'

Tata Sons Chairman N Chandrasekaran said workplaces will benefit from allowing staff greater leeway with the help of technology