Page 2655 - Company News
99.99% RIL shareholders cast votes in favour of O2C biz demerger
The demerger scheme provides for transfer of O2C Undertaking from RIL to transferee firm on a slump-sale basis for a lumpsum consideration
 "99.99% RIL shareholders cast votes in favour of O2C biz demerger")
Laid strong base for growth, aiming at 13.5% CAGR by 2025: Indian Bank MD
Bank announces new vision and mission on first anniversary of Allahabad Bank amalgamation, launches Chatbot and IB Smart Office as well
 "Laid strong base for growth, aiming at 13.5% CAGR by 2025: Indian Bank MD")
Slowing entry segment volumes may derail Hero MotoCorp's sales trajectory
While overall two-wheelers sales are down, what is hurting Hero MotoCorp is that the slowdown is impacting the entry and executive segments the most
 "Slowing entry segment volumes may derail Hero MotoCorp's sales trajectory")
Dalmia Bharat gets securities worth Rs 344 cr back from IL&FS Securities
Dalmia Bharat Ltd on Friday said securities worth Rs 344 crore have been credited back to the demat account of its arm by IL&FS Securities Services following an order of the Supreme Court.
 "Dalmia Bharat gets securities worth Rs 344 cr back from IL&FS Securities")
Adani Enterprises bags Rs 1,169 cr highway project from NHAI in Odisha
Adani Enterprises on Friday said it has won a Rs 1,169.10 crore highway project in Odisha from the National Highways Authority of India (NHAI).
 "Adani Enterprises bags Rs 1,169 cr highway project from NHAI in Odisha")
Karnataka Bank targets over Rs 1.42 trn business turnover in FY22
Public sector Karnataka Bank has targeted 12 per cent business growth in the current fiscal year, expecting total business of over Rs 1.42 trillion.
 "Karnataka Bank targets over Rs 1.42 trn business turnover in FY22")
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
 "Coal India arm MCL registers record production, dispatch in FY21")
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.
 "Woodland forays into personal care segment, launches deodorant range")
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.
 "Reliance gets shareholders nod for hiving off O2C into 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
 "SAIL clocks best quarterly sales at 4.27 MT during Jan-Mar quarter")
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
 "Moody's assigns Ba3 to Renew Power's new RG5 senior secured notes")
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
 "Airtel commissions captive solar power plant for 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.
 "Bajaj Auto reports sale of 3,69,448 units in March amid Covid-19 disruption")
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
 "No plans to exit India business: Franklin Templeton's Sajay Sapre")
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
 "Reliance Retail extends deadline to complete Rs 24,713 cr deal with Future")
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
 "Zeus Numerix: This MSME is working to make warships invisible to radar")
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
 "Tata-Mistry spat: What it means for minority and small shareholders")
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
 "Car review: Does Mercedes-Benz E-Class purport to replace the S-Class?")
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.
 "Reliance Infra sells HQ in Mumbai's Santacruz to YES Bank for Rs 1200 cr")