Page 2673 - Company News
Hinduja Group launches new Berryllus Capital wealth advisory JV
The UK-headquartered Hinduja Group on Monday announced the launch of Berryllus Capital, a new joint venture (JV) focussed on investment management, investment banking and real estate advisory for ultra-high net worth families around the world.
 "Hinduja Group launches new Berryllus Capital wealth advisory JV")
Head of Google's Next Billion Users Caesar Sengupta quits after 15 years
Sengupta is currently the vice president and general manager, payments and NBU initiative at Google
 "Head of Google's Next Billion Users Caesar Sengupta quits after 15 years")
ArcelorMittal makes the cut, emerges as sole bidder for Uttam Galva Steels
Six other firms, including four steelmakers, had submitted an expression of interest (EOI) for the debt-laden firm
 "ArcelorMittal makes the cut, emerges as sole bidder for Uttam Galva Steels")
Maruti to hike prices from April 1, other firms may follow as costs rise
India's largest carmaker will make a second round of price increase since January
 "Maruti to hike prices from April 1, other firms may follow as costs rise")
Need legal provisions to have superintendence, control over NCLT: NCLAT
According to RP, a resolution plan is pending approval before the Delhi bench of NCLT since 2019 and the matter has been adjourned as many as 18 times.
 "Need legal provisions to have superintendence, control over NCLT: NCLAT")
Maruti Suzuki to substantially increase vehicle prices from April
Maruti Suzuki India (MSI) on Monday said it will "substantially" increase the prices of its entire product portfolio from next month in order to offset the impact of high input costs.
 "Maruti Suzuki to substantially increase vehicle prices from April")
RailTel net profit rises 60% to Rs 70 crore in December quarter
The revenue from operations rose by 51.85 per cent to Rs 410.6 crore as against Rs 270 crore in the same period last year
 "RailTel net profit rises 60% to Rs 70 crore in December quarter")
Focus Financial Partners launches Beryllus Capital in JV with Hinduja Group
Focus Financial Partners is a leading partnership of independent, fiduciary wealth management firms
 "Focus Financial Partners launches Beryllus Capital in JV with Hinduja Group")
Lender Muthoot Fincorp looks to close fiscal with 28% loan growth
Muthoot Fincorp is the flagship of the diversified Muthoot Pappachan Group
 "Lender Muthoot Fincorp looks to close fiscal with 28% loan growth")
Urban Company, partner create open-source ESOP framework for startups
Framework aims to guide startups and other companies on structuring terms and conditions
 "Urban Company, partner create open-source ESOP framework for startups")
Lenders to miss March-end deadline for Videocon resolution
In December last year, Vedanta had won the race to acquire Videocon Industries after banks sought consolidated plan from bidders
 "Lenders to miss March-end deadline for Videocon resolution")
Future Group says NCLT can continue hearing on RIL deal as per SC direction
A Division Bench of Delhi High Court comprising Chief Justice DN Patel and Justice Jasmeet Singh has stayed the interim order pronounced by Justice JR Midha
 "Future Group says NCLT can continue hearing on RIL deal as per SC direction")
Indian video app Moj announces partnership to promote travel to UAE
Fourteen creators will go on a five-day trip to Ras Al Khaimah and share videos on Moj about their travel there.
 "Indian video app Moj announces partnership to promote travel to UAE")
IBM unveils 4th edition of Call for Code challenge to tackle climate change
IBM said the competition was open for software developers and innovators globally to combat climate change with open source-powered technology
 "IBM unveils 4th edition of Call for Code challenge to tackle climate change")
Top headlines: Amazon gets HC notice on Future-RIL deal; MobiKwik plans IPO
Business Standard brings you stories that made the headlines Monday: a court order on Amazon's legal fight against Future Retail to Maruti raising car prices in April.
 "Top headlines: Amazon gets HC notice on Future-RIL deal; MobiKwik plans IPO")
Maruti Suzuki to raise prices in April to tackle higher costs
Over the past year the cost of company's vehicles has been impacted adversely due to increase in various input costs, the company said
MobiKwik targets IPO by September, seeks to raise $200-$250 mn: Report
The Gurgaon-based company intends to hold a pre-IPO funding round that could give the startup a valuation of about $700 million
 "MobiKwik targets IPO by September, seeks to raise $200-$250 mn: Report")
India Ratings gives logistics stable outlook in FY22, sees demand growing
Agency estimates 8 per cent year-on-year improvement in volumes for Indian ports in FY22.
 "India Ratings gives logistics stable outlook in FY22, sees demand growing")
Piramal Capital & Housing Finance raises Rs 4,050 crore through NCDs
The company has raised over Rs 50,000 cr ore since Apr-2019, through several equity transactions leading to inflows of over Rs 18,000 cr
 "Piramal Capital & Housing Finance raises Rs 4,050 crore through NCDs")
Airtel panel approves preferential allotment of 36.4 million shares to LMIL
Bharti Airtel said its special panel of directors approved allotment of 36.4 million shares on a preferential basis to Warburg Pincus affiliate as partial consideration towards Bharti Telemedia deal
 "Airtel panel approves preferential allotment of 36.4 million shares to LMIL")