Page 2615 - Company News

Vistara to start Delhi-Tokyo flights from Jun 16 under air bubble agreement

Vistara said on Monday it will start flights on the Delhi-Tokyo route from June 16 under the air bubble arrangement formed between India and Japan.

HDFC to sell 0.62% stake in HDFC ERGO for Rs 236 cr

The stake sale is being done in accordance with the direction of the Reserve Bank of India requiring HDFC to reduce its shareholding in HDFC ERGO to 50% or below.

Jindal Steel prepays Rs 2,462 cr term loans, pares debt beyond commitment

JSPL has recently announced divestment of its thermal power business to reduce its debt further as well as to cut down on its carbon footprint by almost half

CCI approves acquisition of 100% shareholding of Ingram Micro by Imola

The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation

Strengthening of steel prices to support Tata Steel's deleveraging: S&P

Sustained steel prices at these levels could lead to upward rating pressure.

Amazon blocked 10 bn phony listings last year in counterfeit crackdown

Amazon, which has been under pressure from shoppers, brands and lawmakers to crack down on counterfeits on its site, said Monday that it blocked more than 10 billion suspected phony listings last year

IDFC First Bank planning to make home loans 40% of total portfolio

The bank has started offering prime home loans to employees of top corporates starting at 6.9 per cent

SpaceX to accept dogecoin as payment to launch lunar mission in 2022: Musk

Crypto currency lost more than a third of its price on Sunday, after the businessman called it a 'hustle'

Covid-19 crisis: HCL Tech to HUL, corporate India extends a helping hand

Supports with isolation centres, medical & financial help, friendly leave policies

Telecom companies at odds over the controversial Indian 5G standard

Concerns over efficacy as govt pushes for 5Gi

Tata Sons stake in listed group companies crosses Rs 10 trillion

Value of its holdings in 14 firms is worth Rs 10.45 trillion, up 86% since March 2020

Covid-19 crisis: Consumer firms fear sales hit as virus reaches hinterland

Rural India was largely unaffected by first wave of Covid-19

An asymmetric story: Big steelmakers mint money as smaller ones struggle

Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are struggling

Mukesh Ambani's Reliance Retail second-fastest growing retailer in world

Mukesh Ambani's Reliance Retail Ltd has been ranked second-fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte

India's food processing market may touch $470 billion by 2025: KPMG report

Tier-II and tier-III cities could mirror the trend visible in metropolitan areas, by buying more processed food in the coming years

Covid-19: India's auto component makers brace for a bumpy ride ahead

High absenteeism among workers, shortages of critical parts, and temporary closures of plants by automobile manufacturers have thrown a spanner in the works for the Rs 3.2-trillion sector

Covid-19: Hero MotoCorp extends shutdown of plants across India till May 16

India's largest motorbike maker, Hero MotoCorp Ltd, extended a shutdown at its manufacturing facilities across India till May 16, a day after Maruti Suzuki India Ltd announced a similar move

Godrej Properties expects FY22 sales bookings to beat last year's record

Godrej Properties expects its sales booking this fiscal to surpass the last year's record Rs 6,725 crore despite the outbreak of second wave of Covid-19

NCLT initiates insolvency proceedings against Ahluwalia Contracts

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against construction firm Ahluwalia Contracts India Ltd for defaulting on payments to an operational creditor

CIL to continue with fuel supply to power plants under import substitution

State-owned CIL will continue with the supply of coal to the power plants under import substitution in the ongoing fiscal.