Page 2687 - Company News

Facebook, Amazon, Google vie for piece of India's digital payment markets

The contest is fierce as regulator Reserve Bank of India is expected to give just one or two licenses, as implied in its notification inviting bids

eBay India partners with Kerala Ayurveda to build authentic product lineup

E-commerce major eBay has partnered with Kerala Ayurveda that will allow the latter to build an exclusive showcase of its authentic Ayurvedic products on the online platform.

Enforcement Directorate slaps money laundering case on Franklin MF

Sebi issues show-cause notice and summons to fund house, its officials who redeemed their investments

Hero MotoCorp, Bajaj Auto offer steep discounts to push key segment sales

Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs

Adani Ports to acquire 31.5% in Gangavaram Port for Rs 1,954 crore

Acquisition expands APSEZ's market share to 30 percent across 12 locations in India. The acquisition is subject to regulatory approvals

Paytm Money targets over 10 mn users, 75 mn yearly transactions in FY22

Young investors are the target audience for most of the new-age start-ups offering MF and other investments.

M&A pick-up: Feb numbers top current fiscal with 44 deals worth $4 bn

Consumer, retail and food segment topped the charts in terms of both, deal volumes and value

SBI Card customers can now make transactions on Jio Pay platform

SBI Cards and Payment Services (SBI Card) on Wednesday said it is available on the Jio Pay service

Doha Bank plea on resolution of Reliance Infratel upheld by NCLT

The National Company Law Tribunal (NCLT) has upheld the petition of Doha Bank seeking priority payment for the financial creditors of Reliance Infratel which will lead to around Rs 3,515 crore recovery for the lenders, according to a source aware of the development.

Banks in talks with Shapoorji Pallonji Group to resolve RHFL impasse

An SP group source said the dues from Reliance Home Finance are to a joint venture company and not Shapoorji Pallonji alone

IRCTC's shares pick up speed on marked revival in travel activity

The stock has advanced nearly 30 per cent since February this year

Axis Bank partners WhatsApp to offer basic banking services

Axis Bank on Wednesday said it will be available on popular social messaging app WhatsApp and will allow basic banking services, including account balance, and transactions history.

Upside for Tata Communications hinges on data growth, esp newer segments

Land monetisation could be a short term trigger

HDFC cuts interest rate on home loans by 5 basis points from March 4

The revised rate of 6.75% comes into effect today

Flying with just a cabin bag will be 10-15% cheaper: Check details

On a busy corporate route like Delhi-Mumbai, hand luggage fare can be cheaper by at least Rs 500-Rs 800.

Govt non-committal on Jet Airways' historical rights on flight slots

DGCA and Civil Aviation ministry informed the Mumbai bench of NCLT that Centre will favourably consider application of slots to revive the company

Airtel raises $750 mn via allotment of unsecured senior fixed rate notes

Telecom company Bharti Airtel on Wednesday said it has raised USD 750 million through allotment of 'unsecured senior fixed rate notes' to eligible investors

NTPC to snap 105 MW power supply to Sikkim for non-payment of dues

The outstanding beyond due date is now Rs 89 crore

Adani Enterprises becomes third group firm to hit Rs 1-trn market cap

Shares touched 52-week high of Rs 944.75 before closing 5.28% up on BSE

Supertech targets Rs 2,300 crore from sale of plots in three states

Realty firm Supertech Ltd on Wednesday said it will expand plotted development business and targets to sell plots worth Rs 2,300 crore this year in Uttar Pradesh, Haryana and Uttarakhand, as part of its plan to monetise land bank for retiring debt and completion of existing projects.