Page 2630 - Company News

Payments space heats up as Amazon says 5 mn businesses using Amazon Pay

The e-commerce major has also launched the 'Amazon Pay For Business' app for small and medium businesses to enable seamless acceptance of digital payments.

Crisil downgrades its PVR's long-term rating to AA-minus negative

Crisil has downgraded its rating on long-term bank facilities and non-convertible debentures (NCDs) of PVR Ltd to AA-minus negative from AA negative.

Fitch revises positive outlook on Future Retail Ltd, affirms rating at 'C'

Fitch Ratings has affirmed Future Retail Ltd's (FRL's) issuer default rating at 'C' and the rating on its USD500 million 5.6 per cent senior secured notes due 2025 at 'C'

Indian pharma exports grow at 18% to $24.44 billion in FY 21 from $20.58 bn

Pharma exports from India witnessed over 18 per cent growth to USD 24.44 billion during the last financial year against USD 20.58 billion in FY20

Turn Covid-19 crisis into an opportunity, says HUL CMD Sanjiv Mehta

Humanise leadership, people need care not battle cry: HUL's Sanjiv Mehta

Setting up a semi-conductor fab plant: Will India be third time lucky?

The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges

Covid-19 pandemic highlights need for collaboration: HUL CMD Sanjiv Mehta

HUL was amongst the fastest to recover within the fast-moving consumer goods companies following a nationwide lockdown last year

Govt's draft proposals tie insurance FDI hike to solvency margin

Draft proposes 180% if firms with over 49% foreign stake declare dividend

Despite some slowdown, the outlook for IT firms appears reasonable

Weak rupee, recovery in US, lower valuations and domestic market volatility are tailwinds

Apparel retailers on weak footing as Covid-related curbs dent sales

Higher raw material costs will put pressure on profitability

Adani stocks may escape MSCI 'extreme price increase' threshold

Analysts say the up move in shares of three Adani companies is below the threshold set by MSCI for defining 'extreme price increase'

Explained: How Amazon future CEO Andy Jassy became Jeff Bezos' shadow

Andy Jassy, AWS CEO and incoming CEO, Amazon, says it is very early days, with respect to what Amazon is hoping to enable for customers in India

Metal & mining stocks big laggard on bourses over the long term

BSE Metal up just 164% since Jan '05 against 645% rally in Sensex

Top restaurant associations seek liquidity support amid Covid-19 crisis

Since March of 2020, the Rs 4.25-trillion domestic restaurant industry has had to contend with lockdowns, curbs, and restrictions on business hours

Recovery dims for film exhibition biz in April amid fresh Covid-19 curbs

Now, many of them are counting on Eid in mid-May for fresh content to return, including the much-anticipated Salman-Khan-starrer Radhe

Covid-19 vaccination: Too early to say if booster dose needed, say experts

Pfizer CEO has said a 3rd booster shot likely within a year of vaccination

DoT gets Rs 2,307 cr from Jio, Airtel by assigning spectrum immediately

Telecom Department assigns frequencies to successful bidders; harmonisation of spectrum accomplished along with frequency assignments

Winning Air India bidder may need to furnish Rs 15,000-crore guarantee

A former finance head of the airline said some of the lease rentals may not have been paid lately due to the severe cash crunch

Maruti Suzuki hikes price of selected models, others may follow suit

Raw material prices are har­­dening with the full impact of cumulative increases set to be felt in Q3 and Q4 of this financial year

NCLAT's dismissal of DVI appeal may pave the way for Amtek resolution

Amtek owes lenders Rs 12,641 cr and was on RBI's first list of NPAs mandated for resolution under Bankruptcy Code. The DVI bid is said to be Rs 2,615 cr, of which Rs 500 cr is upfront cash