Page 2700 - Company News

Top headlines: Adani Group may bid via MIAL, new rules for FB, Twitter

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session

Allahabad HC denies anticipatory bail to Amazon India Originals head

A single-judge bench of Justice Siddharth passed this order on Thursday while hearing an anticipatory bail application

Metals to crude oil: Consumers face the brunt of commodities price surge

Durables makers hike prices to offset input costs

Byju's likely to close $800-million Aakash Educational deal by March

The edtech decacorn which is valued at about $12 billion is scouting global markets including the U.S and India to acquire many other smaller rivals which could help it scale up faster

Adani Group likely to bid through MIAL in next round of privatisation

The group is reshuffling top management of Mumbai Airport after acquiring 74 per cent stake last year

Healthcare startup Innovaccer's valuation crosses $1 bn, joins unicorn club

The new funding round brings the total capital raised by Innovaccer to over $225 million.

Flex to Inventec, foreign players see potential in PLI for tech products

Lenovo India has said it would like to increase its laptop-making capacity by 10x at its Puducherry plant and also manufacture tablets

Zomato revises delivery partner remuneration to accommodate fuel price hike

The firm said it restructured its delivery partner remuneration to factor in the fuel price hike, a move that will increase their earnings by 7-8 per cent

Newspaper society asks Google to raise publisher share in ad revenue to 85%

In a letter to Google India, INS President L Adimoolam said publishers are facing a "very opaque advertising system", as they are unable to get details of Google's advertising value chain.

Xiaomi expands smartphone, TV capacity in India with 3 new plants

Seeks to ramp up manufacturing to meet surging demand, avoid supply crunch as seen last year

Kalrock-Jalan consortium to invest Rs 1,375 crore in debt-laden Jet Airways

The amount would be utilised for start-up expenses and paying creditor dues, it is learnt

Strong food business prospects likely to drive growth for Marico

Execution and competitive intensity remain key, say analysts

Private banks need to win govt's trust before vying for business

Post 2020's YES Bank crisis, chunk of government business moved from private to public banks for ease of operation

MTAR Technologies IPO priced between Rs 574-575, open March 3-5

Comprises a fresh issue of Rs 123 crore and an offer for sale of Rs 472 crore

Heranba Industries IPO subscribed 83 times on strong HNI support

Price band was set at Rs 626-627 per share; issue comprises Rs 60 cr of fresh fundraise, Rs 565 cr offer for sale

Companies grapple with transfer pricing woes as tax deadline draws near

Previous approaches fall short amid Covid-19 volatility in numbers

Irdai removes curbs on dividend payout as insurers deliver better results

But, it has advised them to take a conscious call while declaring dividends for FY21, keeping in mind their capital position, solvency margin and liquidity position

DHFL gets no objection from RBI, files application with NCLT for resolution

DHFL on Thursday said it has received no objection from the Reserve Bank and has filed application with NCLT for submission of the resolution plan of Piramal Capital & Housing Finance.

Joblessness a bigger worry of urban Indians than Covid-19: Survey

Despite unemployment being their biggest worry, 68 per cent urban Indians are optimistic that the country is moving in the right direction

Bharti Airtel raises $1.25 billion through various debt instruments

The company said the order book was oversubscribed 3x on final pricing, with the peak order book of $5 billion at the time for final price guidance