Page 2637 - Company News

CCI approves APSEZ acquisition of 89.6% of equity in Gangavaram Port

The Competition Commission of India (CCI) has approved acquisition of 89.6 per cent of equity shareholding in Gangavaram Port Ltd (GPL) by Adani Ports and Special Economic Zones Ltd (APSEZ)

Amplus Solar buys rooftop solar assets of Sterling & Wilson totaling 7.2 Mw

Deal value not revealed; The 17 acquired projects supply 13 leading industrial, commercial, and institutional customers

Behind the 'bankruptcy story' of Cafe Coffee Day: The news and what's next

In this podcast, we discuss why Coffee Day Enterprises is in news again? What are the chances of banks recovering their money? And what can we expect next? Listen in

Hero Group launches education technology venture Hero Vired: Details here

Hero Group on Tuesday launched Hero Vired, with the promoter Munjal family committing over $10 million to offer learners overall professional development to make them industry-ready for employment

Mukesh Ambani comes to struggling Hamleys' aid, plans to quadruple outlets

Hamleys, a British retail icon that hasn't made a profit for a number of years, plans to quadruple its outlets in the former British colony to more than 500 in three years despite the pandemic

Flipkart partners Adani group to boost supply chain infrastructure

As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre in Mumbai that will be leased to Flipkart

On the verge of bankruptcy: How Cafe Coffee Day ground to a halt

After group company Sical Logistics was sent to NCLT, the listed company is next in queue

Paytm Payments Bank registers over 970 million transactions in March 2021

PPBL is also averaging 1 million savings and current accounts a month, and with over 64 million accounts

TCS Q4 net profit jumps 15% to Rs 9,246 crore; revenue at Rs 43,705 crore

The biggest takeaway from the Q4 numbers was the order book at $9.2 billion, the highest ever reported by TCS in a quarter since the company started reporting this metric

BharatPe registers 106 million monthly UPI transactions in March

Fintech company BharatPe on Monday said it has clocked 106 million transactions in the UPI QR payments category in March, and aims to grow UPI payments by three times in 2021-22.

Amazon to cover Covid-19 vaccine cost for more than a million in India

The e-commerce firm is supporting cost coverage for Covid-19 treatment, hospital search and coverage of prescribed Covid-19 tests

Dr Reddy's to submit more data on Covid-19 vaccine Sputnik V by July

Colour-coded doses will have two different antigens

Mid-sized tech company Coforge acquires BPM firm SLK Global for Rs 918 cr

The acquisition is expected to expand Coforge's BPM operations, strengthen its financial services business, and increase presence in North America

Vodafone Idea to pay balance license fee by April 15 with interest

DoT had last week issued a show-cause notice to the telco over non-payment of license fee for the fourth quarter of FY21

Covid-19 pandemic washes out 6 years of growth in auto sales: SIAM data

The decadal growth in the auto industry has now slowed from 12.8 per cent to 1.8 per cent, indicating there is a lot more to the slowdown

TCS shareholders to earn record Rs 30,250 crore from firm in FY21

Tata Sons likely to net nearly Rs 22,000 crore from its crown jewel for the past financial year

Regulator Sebi slaps Rs 25 crore fine on YES Bank in AT-1 bonds case

The fine relates to the matter of misselling the lender's AT-1 bonds few years ago

LIC employees' wage hike proposal yet to get government approval

"It is under process and with the ministry. Whenever it happens, we will share with the employees," said a source in LIC

The second wave: Pharma stocks make a comeback as Covid-19 cases rise

However, analysts say these stocks may not deliver bumper returns like last year

Input costs and demand concerns may impact Marico in the near term

March quarter performance is expected to be strong on low base, price hikes