Page 2645 - Company News

Tata Motors passenger vehicles segment ends fiscal 2021 on strong note

Company's SUVs and car sales see a record 422% YoY y jump in March

Reliance Retail extends deadline to complete Rs 24,713 cr deal with Future

Reliance Retail, the retail arm of Reliance Industries, has extended the timeline for six months to complete its Rs 24,713 crore deal with Biyani-led Future to buy its retail and wholesale business

Zeus Numerix: This MSME is working to make warships invisible to radar

Pune-based Zeus Numerix's software simulation earlier helped integrate BrahMos missile with Sukhoi-30MKI

Tata-Mistry spat: What it means for minority and small shareholders

Experts explain the distinction between the rights of small and minority shareholders in public-listed and private companies

Car review: Does Mercedes-Benz E-Class purport to replace the S-Class?

The Mercedes-Benz E-Class LWB may not quite replace the S-Class but it is a classier, spacious upgrade from older avatars

Reliance Infra sells HQ in Mumbai's Santacruz to YES Bank for Rs 1200 cr

The entire proceeds from the sale of Reliance Centre in Santacruz will be utilised to repay YES Bank's debt.

Low base, recovery in demand drive March auto sales into fast lane

Maruti Suzuki, India's largest carmaker, reported a near 100 per cent jump in sales in March at 167,014 units against just 83,792 units last year

Capital infusion into PSBs: Preparatory work for privatisation starts

Buoyant market may gradually reduce PSBs' dependence on government for funds

Demand revival, higher realisations and export growth to help Wabco India

One of the key reasons that Wabco India would rank higher compared to other auto component firms is the lower impact from new technology disruption

Power Finance Corp pays interim dividend of Rs 1,182.63 cr to govt for FY21

State-run Power Finance Corporation (PFC) has paid an interim dividend of Rs 1,182.63 crore to the government for financial year 2020-21

Global chocolate makers have sweet-loving Indians in their sights

Chocolate -as well as ice cream, cakes and milk shakes - is starting to displace traditional treats among the middle classes

Future Retail to offer quick online deliveries in bet on e-commerce

Popular online grocery service BigBasket, in which India's Tata Group is seeking to acquire a majority stake, and Amazon both offer quick online deliveries in India.

Sales to sustain despite stamp duty reversal, say Mumbai realtors

Growth in the value of properties registered was 1.4 times the number between September 2019 and March last year.

Jeh Wadia steps down as managing director of Bombay Dyeing & Manufacturing

As an interim measure its day-to-day management would be looked after by the CEO and CFO of the company.

NCLAT removes stay on Reserve Bank of India action against Srei group

NCLT had passed an order preventing regulatory authorities from taking any coercive steps against the company

Ford and Mahindra to end collaboration on all projects in India

Michigan-based Ford entered India 25 years ago, but it has only a 2% share of a market dominated by Suzuki Motor Corp and Hyundai Motor's extensive line-up of mainly low-cost cars

Debt-laden IL&FS sells 49% stake in China road asset for Rs 1K crore

IL&FS has duly received Rs 1,035 crore (or $141.3 million) in Singapore as part of this stake sale transaction

Inflection Point Ventures bets big on analytics start-up Circus Social

The platform has rolled out an investment corpus of Rs 155 crore for 2021 across 60 plus start-ups

Video startup Chingari raises $13 mn, plans 100 mn users in 6 months

Homegrown Chingari said it will use the funds to grow from 56 million users to over 100 million in two quarters, enhance its content, and hire talent

NIIF invests Rs 2,100 cr in Manipal Hospitals, its first in health space

Manipal Hospitals had signed a deal to acquire India biz of Columbia Asia Hospitals last year.