Page 2698 - Company News

Godrej Properties buys land worth Rs 166 cr for residential proj in Mumbai

Realty firm Godrej Properties Ltd has bought around 1.5 acre land parcels for Rs 166 crore in Mumbai to develop a residential project

India's economic revival: PLI scheme likely to take center stage

16 schemes from equal numbers of companies have been approved to boost local production, value addition and, consequently, export of mobile phones.

Paytm crosses 1.2 bn monthly transactions, maintains leadership position

Financial services firm sees 15% month-on-month growth in offline merchant payments

Ikea to increase sourcing of toys from India for scale up ops: Official

Swedish furniture major IKEA, which has a range of over 1,000 products as part of its children's range, is looking to scale up sourcing of toys from India for its operations here

Plainspeak in a post-truth world: Meet Twitter general counsel Vijaya Gadde

What sets Twitter apart from other social media and big technology firms at present is that the platform has not shied away from taking politically sensitive decisions and sticking by them

Commodity price rise, bond yields could weigh on India Inc's earnings

Higher margins more than compensated for flat revenues during the quarter

JLR to take a write off of 1.5 bn pounds in Q4 as part of a restructuring

This will be the second biggest hit for Tata Motors-owned firm since FY19

Can you pay month's dues to pilots: Delhi High Court asks Air India

The contention was refuted by Air India's lawyer who claimed the plea was not maintainable as the subject matter of the disputes are private contracts and there is no public function involved.

Consumers will become increasingly agile and demanding: Deloitte

Consumers will become more aware of brands and seek comfort and convenience at the click of a button.

Aditya Birla Finance set to raise Rs 5,000 crore through debentures

The entity expects to increase share of SMEs and the retail segment to 65 per cent from 60 per cent in December 2020.

RIL buys majority stake in skyTran; invested in future tech, says Ambani

Shareholding of Indian entity at 54.46%; skyTran has developed breakthrough passive magnetic levitation & propulsion tech for personal transportation

Puravankara enters plotted development business, to invest Rs 825 crore

Realty firm Puravankara Ltd has entered into plotted development segment and will start six projects over the next 6-7 months with an investment of about Rs 825 crore

Discoms' outstanding dues to power gencos rise 24% to Rs 1.36 trn in Dec

The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms

Maruti Suzuki achieves 2 million vehicle export milestone from India

The country's largest carmaker Maruti Suzuki India (MSI) on Saturday said it has achieved the milestone of 20 lakh cumulative exports.

ICRA reaffirms AA-plus rating on United Spirits' financial instruments

ICRA has reaffirmed AA-plus rating with a stable outlook on United Spirits Ltd's (USL's) Rs 3,425 crore long-term, short-term and non-fund based financial instruments

Indian Oil to expand Panipat refinery with capex of Rs 32,946 crore

Oil marketing firm IndianOil Corporation (IOC) is expanding its Panipat refinery's capacity from 15 million metric tonnes per annum (MMTPA) to 25 MMTPA at a cost of Rs 32,946 crore

Go Air receives Rs 800 cr lifeline from banks amid turbulent times

With this credit line, the airline will not need to recast its loans

GDP in positive trajectory a promising sign, says India Inc

India Inc on Friday said the recouping of the country's economy to a positive trajectory in the third quarter is a promising sign as it portends the end of the pandemic-induced recessionary phase

Draft norms for influencer advertising: What ASCI wants from social media

Broadly, the ASCI has proposed rules for social media influencers who promote or run paid content without adequate disclosures

Airlines see 10-12% drop in bookings as states insist on Covid-19 test

West Bengal joined Maharashtra and Karnataka in insisting on negative RT PCR tests for travellers from certain states, which has dampened sentiment