Page 2567 - Company News
Mazagon Dock Shipbuilders puts Rs 2K-crore greenfield capex on hold
The company plans to continue with its annual maintenance capex of Rs 100 crore for FY22
 "Mazagon Dock Shipbuilders puts Rs 2K-crore greenfield capex on hold")
Covid-19 vaccine pricing accounts for last-mile delivery, say firms
The cost of logistics is built into the final price of the vaccine, especially when supplying to the private sector
 "Covid-19 vaccine pricing accounts for last-mile delivery, say firms")
Market cautious on HFCs; concerns over growth, asset quality weigh
The major players all seem confident of fast revival in demand once conditions normalise
 "Market cautious on HFCs; concerns over growth, asset quality weigh")
Adani stocks tumble further, three of six hit lower circuit
The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen
 "Adani stocks tumble further, three of six hit lower circuit")
Shyam Metalics IPO gets healthy response, subscribed 121 times on Day 3
Shyam Metalics' IPO size was Rs 909 crore of which Rs 657 crore was fresh fund raise to help retire debt.
 "Shyam Metalics IPO gets healthy response, subscribed 121 times on Day 3")
Top-performing Indian funds make winning bets on chemical firms stocks
India is emerging as a hub for specialty chemicals, helped by favorable policy measures.
 "Top-performing Indian funds make winning bets on chemical firms stocks")
Applyboard to leverage $300-mn funding to expand India operations
Applyboard has raised $300 million at an enterprise valuation of $3.2 billion led by Ontario Teachers' Pension Plan Board through its Teachers' Innovation Platform in the latest funding round
 "Applyboard to leverage $300-mn funding to expand India operations")
Thomas Cook, SOTC launch 'travel first, pay later' scheme
The schemes address issues related to health and hygiene during travel and also of financial risk of booking trips during the Covid-19 pandemic.
 "Thomas Cook, SOTC launch 'travel first, pay later' scheme")
PNB Housing Fin says pricing for Rs 4,000 cr-deal in line with mkt practice
This comes amid concerns raised in certain quarters about its proposed deal with Carlyle group
 "PNB Housing Fin says pricing for Rs 4,000 cr-deal in line with mkt practice")
HC sets aside arbitrator's award asking BCCI to pay Rs 4,800 cr to DCHL
Deccan Chronicle Holdings, the Hyderabad-based media company that acquired the franchise for $107 million in 2008, then approached the Bombay HC, seeking an order restraining BCCI from taking any step
 "HC sets aside arbitrator's award asking BCCI to pay Rs 4,800 cr to DCHL")
Flipkart unveils fulfilment centre in Bengal to ramp up supply chain infra
Flipkart said it is working with over 9,300 Kirana delivery partners and 10,000 sellers from the region.
 "Flipkart unveils fulfilment centre in Bengal to ramp up supply chain infra")
Jio tops 4G download speed in May, Vodafone India in upload: Trai
Reliance Jio continues to maintain leadership in 4G segment with 20.7 megabit per second average download speed, while Vodafone Idea topped the chart in upload segment with 6.7 mbps data speed in May
 "Jio tops 4G download speed in May, Vodafone India in upload: Trai")
NV Capital launches first credit-fund for media, with a Rs 500 cr corpus
Founded by industry professionals and ex-bankers Nitin Menon and Vivek Menon, NV Capital recently received Sebi's nod as a Category-II AIF
 "NV Capital launches first credit-fund for media, with a Rs 500 cr corpus")
Total haircut of 95.85% to all the creditors in Videocon resolution plan
VIL shares have been rising on the exchanges for the past few days after the announcement of Anil Agarwal's resolution plan.
 "Total haircut of 95.85% to all the creditors in Videocon resolution plan")
Kirloskar Brothers sets up new manufacturing division for tech products
Leading pump manufacturing company Kirloskar Brothers Limited (KBL) has set up a new manufacturing division in Maharashtra for high-end technology products, primarily used for nuclear applications.
 "Kirloskar Brothers sets up new manufacturing division for tech products")
Homegrown job platform Apna raises $70 million at $570 mn valuation
Professional networking and jobs platform Apna said it has raised $70 million in Series B round led by Insight Partners and Tiger Global, taking its valuation to $570 million
 "Homegrown job platform Apna raises $70 million at $570 mn valuation")
Apna, jobs app for India's blue-collar workers, raises $70 mn in funding
Apna is sort of a LinkedIn for non-English speaking and non-affluent Indians, says its founder.
 "Apna, jobs app for India's blue-collar workers, raises $70 mn in funding")
£5.8 mn for two-bed apartment: Hindujas launch ultra-luxury homes in London
A 250-year lease of the vast property was acquired for a reported £350 million in a successful joint tender with Spanish company OHLD.
 "£5.8 mn for two-bed apartment: Hindujas launch ultra-luxury homes in London")
Google's smartphone tie-up with Reliance hits supply chain snag: Report
The co-branded phone is set for its unveiling at the Indian conglomerate's June 24 shareholder meeting.
 "Google's smartphone tie-up with Reliance hits supply chain snag: Report")
Dish TV board to consider fundraising of up to Rs 1,000 cr next week
Dish TV Ltd on Tuesday said its board will meet next week to consider raising up to Rs 1,000 crore by issue of permissible securities
 "Dish TV board to consider fundraising of up to Rs 1,000 cr next week")