Page 2549 - Company News

Tech promoters top list of cash recipients; family-owned groups earn less

Reliance Industries' Mukesh Ambani is fourth on the list in terms of income earned (dividend) from his company in 2020-21 (FY21)

Vedanta emerges as successful bidder for coal block for mining in Odisha

Vedanta has emerged as successful bidder for a coal block in Odisha which was put for re-bid in the second attempt of auction of blocks for commercial mining.

Explain logic in one-time settlement of Siva Industries: NCLT to lenders

PSU banks to get 26% of dues after third party guarantor payments

Bharat Biotech, Pfizer in race for paediatric Covid-19 vax by December

Covaxin in trials already, Serum slated to start testing Novavax by July

Consumer demand may rebound strongly in Q2: Trent chairman Noel N Tata

Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata

Second wave of Covid-19 pandemic delays work under new OALP blocks

In most cases the pandemic and subsequent lockdowns have stalled the development of the fields awarded from 2018 onwards

PNB Housing Finance defends Carlyle Group deal after Sebi halts move

Regulator wants report by independent valuer

Cabinet note issued for 100% FDI in oil PSUs marked for disinvestment

Cabinet approval would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd.

Keventer Agro aims to establish frozen food, milk biz nationwide in 2-3 yrs

With growing acceptance of frozen foods during the pandemic, Keventer Agro on Sunday said it aims to establish frozen foods and tetra pack milk businesses nationwide in the next two-three years.

Air India has time till mid-July to challenge Cairn Energy's lawsuit

Air India has time till mid-July to file a plea contesting Cairn lawsuit, three sources aware of the matter said.

Higher capex spends likely to impact tyre maker Ceat's return ratios

Muted near term outlook given raw material costs, lower demand

Adani Power to acquire 1,200 MW Essar Power's Mahan project

The country's largest power producer in the private sector, Adani Power Limited (APL), will acquire the 1,200 megawatt (MW) Essar Power's Mahan Project

Lenders select Authum Investment's Rs 2,900 cr bid for Reliance Home Fin

The resolution will help parent company Reliance Capital Ltd prune its debt by 25 per cent to Rs 11,200 crore

Godrej Prop tops in sales bookings for FY21; overtakes Macrotech

Godrej Properties becomes country's largest listed real estate developer in terms of sales bookings during the last fiscal year as it clocked a record pre-sales of Rs 6,725 crore despite pandemic.

Consumer demand may rebound in Q2 this fiscal: Trent Chairman Noel N Tata

Customer demand should rebound strongly, possibly from the second quarter onwards, said Trent Chairman Noel N Tata, though he remained "cautiously optimistic" on the medium-term outlook.

'Edtech sector witnesses surge in demand for digital skills'

Edtech sector has witnessed a 90 per cent surge in demand for digital skills amid the pandemic, according to TeamLease Edtech.

Insolvency law changing the way society perceives biz failures, says Sahoo

Fuelled by a huge unsatiated appetite for freedom of exit, the insolvency law is changing the way the society perceives business failures according to IBBI Chairperson M S Sahoo.

Sales recovery in sight with easing of Covid curbs across states: MG Motor

MG Motor India expects the growth to be much better than the industry's despite supply chain challenges and increase in input costs

Four of top-10 firms add Rs 68,458 crore in m-cap; HUL, Infosys top gainers

The valuation of Infosys jumped Rs 24,628.79 crore to Rs 6,41,108.34 crore.

PNB Housing Finance says Sebi has asked company to pause share sale

Market regulator says proposed Rs 4,000 crore share transfer is against the laws.