Page 2683 - Company News

5 of 12 large NPAs complete transfer of management control

Central bank mandated the companies for resolution; BPSL, Jaypee Infratech and Amtek Auto in last leg of that process

Modern times: From 1965 to 2021, here's a journey of iconic bread

Brand Modern has several firsts to its credit. It was the first branded bread, launched more than half a century ago by the government

VIL likely to expand network capacity in 6 circles through Chinese vendors

Telecom operator Vodafone Idea is in advance stages of processing order for network capacity expansion in six circles through Chinese telecom gear makers

Data breach could cost world's top brands up to $223 billion, finds study

Customers might either stop engaging with a brand due as news of a breach spreads, loss figure could touch $223 billion

Identifying Indian assets for seizure in case of non-payment, says Cairn

The asset could be pledged against recourse or non-recourse financing

India Inc's borrowing costs shoot up as credit growth gains momentum

5-year govt bond yields have risen to over 50 bps since the Budget 2021 has been presented.

Ed-tech firm Vedantu to hire 2,500 people in next 3 months

Ed-tech platform Vedantu on Tuesday said it aims to hire 2,500 employees in the next three months across the board

Vivo India sees revenue grow over 45% to Rs 25,060 crore in FY20

Chinese smartphone company Vivo saw its revenue in India growing over 45 per cent to about Rs 25,060 crore in FY20 even as its losses widened significantly over the previous fiscal

Vedanta's mining plant in Goa can't operate sans environment clearance: NGT

The National Green Tribunal has held that Vedanta's mining plant in Dharbandora area in Goa cannot operate without obtaining Environment Clearance (EC)

Parikh family, former promoters of Zandu, exits pharma business

Sells stake in drug firm ZCL to PE firm Advent for Rs 1,600 cr

Flipkart Group to fully cover Covid vaccination cost for all employees

Employees can choose to be reimbursed for cost of the vaccinations or get them free of charge at a partner hospital

Bharat Biotech's Covaxin safe, immunises for at least 3 months: Lancet

Probability of side effects from vaccine 10-12%, 6x lower than other shots

Jio to offer services at lower tariffs for MSMBs; eyes 50 mn MSMB customers

Telecom operator Reliance Jio on Tuesday said it will offer broadband services to the Micro, Small and Medium Businesses (MSMBs) at lower tariffs.

Puravankara forays into Mumbai with Rs 450-cr ultra-luxury project

Puravankara has already launched two luxury projects under its World Home Collection brand in Bengaluru and Chennai

Edelweiss launches Rs 5000 crore fund to tap pre-IPO, late-stage deals

The fund will focus on late-stage PE and Pre-IPO investments

Ola's founding partner Pranay Jivrajka quits, may launch his own startup

Pranay Jivrajka was CEO of Ola Foods and an early employee of the ride-hailing firm

Indian Oil Corp, IDCO sign MoU for Paradip Plastic Park in Odisha

An incentive of Rs 2000/MT on Polypropylene granules from Paradip Refinery shall be offered to the manufacturing units located in the Paradip Plastic Park till 31.3.2030

Magma Fincorp shareholders approve 60% acquisition by Poonawalla-led firm

The networth of the company will increase to over Rs 6,300 crore post the issuance

VIL likely to expand network capacity in six circles via Chinese vendors

Telecom operator Vodafone Idea is in advance stages of processing order for network capacity expansion in six circles through Chinese telecom gear makers

DGCA, aviation ministry refuse to give assurance on Jet Airways slots issue

Any request of the resolution applicant (Jet Airways) for allocation of slots would be considered as per the existing policy and procedure, affidavit said