Page 2574 - Company News

Shriram Transport Finance raises nearly Rs 2,000 crore through QIP

The issue, which was launched on June 7, 2021, received 6.3 times oversubscription, a company release said.

Sterling and Wilson Solar announces appointment of Amit Jain as Global CEO

He succeeds Bikesh Ogra, who relinquished the position with effect from May 31, 2021

HCL Technologies hires Accenture exec Siki Giunta to head cloud business

Industry veteran will lead #HCLCloudSmart, the company's service for business solutions.

JSW Cement enters construction chemicals biz, launches green products

JSW Cement said on Monday it has entered the construction chemical sector with the launch of a green product range in the category

MVS Engineering seeks govt help to source component for oxygen production

Industrial gas manufacturer MVS Engineering has sought the government's intervention to ensure smooth supply of zeolite molecular sieves, a key component for the production of medical oxygen

Navi General gives customers option to buy health insurance through EMIs

Customers can purchase health insurance at monthly installments of as low as Rs 240 per month.

RattanIndia Power repays Rs 1,219 cr debt in last 15 months despite Covid

RattanIndia Power Ltd on Monday said it has repaid Rs 1,219 crore debt in the last 15 months, including Rs 200 crore prepayment, despite the challenges posed by the Covid-19

Amara Raja Batteries to diversify into emerging energy opportunities

Amara Raja Batteries Ltd (ARBL) on Monday announced energy and mobility as its strategic focus going forward to capitalise on emerging opportunities

Tata Digital's 1mg buy a prescription for strong e-pharma growth

1mg reported revenue of Rs 357.9 crore for 2019-20 (FY20), and Rs 266 crore for the period from April 1, 2020, to January 31, 2021

Tata Motors board approves proposal to raise up to Rs 500 cr via securities

Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis

Qualcomm, MediaTek gain big in smartphone application chip market

Qualcomm led the smartphone application processor (AP) market with a 40 per cent revenue share in the first quarter this year, followed by MediaTek with 26 per cent and Apple with 20 per cent

Young workers want to return to offices to save their careers in pandemic

This workforce says the coronavirus has left them under-informed and cut off from their teams.

Toshiba blames former CEO's 'confrontational approach' to shareholders

The comment from Osamu Nagayama, chairman of Toshiba's board, comes after a shareholder-commissioned investigation revealed company colluded with Japanese government to "beat up" foreign shareholders

Edelweiss MF turns against riskier debt after India's Covid-19 woes

Company has 'reverted back to asking investors to be cautious' after second wave, says senior executive.

Baba Ramdev's Ruchi Soya files FPO document to raise up to Rs 4,300 cr

Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, has filed draft document with SEBI to launch a follow-on public offer (FPO) for raising up to Rs 4,300 crore.

Electrifying game: Private power producers turn up investment cycle

Tata Power, for instance, has reduced its consolidated net debt by Rs 11,400 crore in the last three years to Rs 36,559 crore as on March 31, 2021

Reliance Power to raise Rs 1,325 cr from RInfra via preferential allotment

Reliance Infra stake to go up to 38% from 9%; more fund raising planned

Covid-19 drugs portfolio boost domestic sales of companies in FY21

Chronic therapy areas like cardiac and anti-diabetic have maintained their growth rates during FY21 despite a washout in the first quarter

Colgate-Palmolive shifts focus as Dabur, Patanjali ride herbal wave

While Colgate has the Vedshakti brand in the naturals segment, experts say the product has not helped stem market share loss for the oral care major

No plans to make vaccine as it requires separate infra: Sun Pharma

Sun Pharma has no immediate plans to enter into vaccine production as getting into the vertical would require an altogether different manufacturing set-up, as per a top company official.