Page 2649 - Company News

Coal India arm MCL registers record production, dispatch in FY21

MCL, a subsidiary of Coal India Ltd, on Friday said it has posted a record production of 148.01 million tonne

Woodland forays into personal care segment, launches deodorant range

Leading footwear and performance apparel brand Woodland has forayed into the personal care segment by introducing a range of deodorants.

Reliance gets shareholders nod for hiving off O2C into separate unit

The firm said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) business into a separate unit.

SAIL clocks best quarterly sales at 4.27 MT during Jan-Mar quarter

Steel Authority of India Ltd (SAIL) clocked its best ever quarterly sales at 4.27 million tonnes (MT) during the March quarter of the last fiscal year

Moody's assigns Ba3 to Renew Power's new RG5 senior secured notes

Moody's Investors Service has assigned Ba3 rating to the proposed 7.25-year USD senior secured notes of up to 620 million dollars to be issued by a newly-formed restricted group of ReNew Power Pvt Ltd

Airtel commissions captive solar power plant for data centres in UP

In line with its aim to expand green energy footprint, telecom operator Bharti Airtel has commissioned a captive solar power plant to meet the energy needs of its core and edge data centres in UP

Bajaj Auto reports sale of 3,69,448 units in March amid Covid-19 disruption

Bajaj Auto on Friday said its total sales stood at 3,69,448 units in March.

No plans to exit India business: Franklin Templeton's Sajay Sapre

Franklin Templeton Mutual Fund on Friday said its commitment to India remains 'steadfast' and the fund house has no plans to exit its operations in the country

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.