Page 2728 - Company News

iPhone maker Wistron to restart operations at Karnataka plant, says Apple

Taiwanese major to however remain on probation by Apple

PE firm Advent pares holding in CG Consumer, sold 6% stake in two tranches

Raises Rs 1,492 crore from deal; Societe Generale picks up 0.62% for Rs 153 crore, identity of other buyers not known

Future Retail Q3 loss at Rs 846.92 cr, revenue down 71% to Rs 1,506.87 cr

Business operations were continued to be impacted by the pandemic during the quarter

State-owned GAIL acquires IEX's 5% stake in Indian Gas Exchange

The Indian Energy Exchange (IEX) on Tuesday said GAIL (India) Ltd has acquired five per cent stake of the IEX in its arm Indian Gas Exchange (IGX)

GAIL acquires 5% stake in IGX to become third strategic investor

Buys stake from Indian Energy Exchange (IEX)

Housing.com partners startup Propdial to boost rental services business

Realty portal Housing.com on Tuesday said it has tied up with Gurugram-based property and rental management technology firm Propdial

PE firm TIW invests close to $6 mn in Mahesh Bhupathi's Scentials

TIW Private Equity (TIW PE) on Tuesday said it has invested close to $6 million (about Rs 43.7 crore) in Scentials Beauty Care and Wellness

How L&T Construction could disrupt the realty space with 3D-printed houses

The company, which has 3D-printed a ground-plus-one building, plans to use the tech to improve speed and scale especially in the EWS space

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

Future Group is caught in the middle of this tussle between companies helmed by two of the world's richest men

Sun TV to invest Rs 500 cr in OTT and movies, strengthen regional channels

Rs 250 crore will be spent on its Sun NXT initiative, sizeable investments would go toward Bengali and Marathi, which are potentially larger markets than Malayalam

Alembic's affiliate Rhizen bags US regulator nod for oral cancer drug

Company says a critical cancer inhibiting component in the formulation is the first new chemical entity discovered by Indian scientists to secure US FDA nod

India's new CSR regulations make philanthropy compulsory for companies

New CSR rules replacing comply-or-explain regulations with a mandatory regimen have raised the stakes for large corporations

Incorporation of companies up 20% in FY21 despite pandemic: MCA

The number of new companies formed in the current financial year rose despite the pandemic

HDFC Bank invites applications from entrepreneurs for SmartUp grants

The bank will be focusing on start-ups in the education (edtech) and skill development sector this year for the grant

Bath fittings firm Watertec to set up plants in Gujarat, Odisha, Tamil Nadu

On the way forward, the company is targeting around Rs 1,400 crore in revenue, including 10 per cent from exports, by 2023-24. This translates to around 30 per cent growth

Amazon-Mukesh Ambani spat tests India's allure for foreign investors

The keenly watched case may set an important legal precedent for investors on whether emergency decisions by foreign arbitrators are valid in India

NHAI InvIT: Govt awaits Sebi clearance to replace urban with rural areas

The road stretches in the urban areas, which were part of the earlier InvIT offering, have been removed in the proposal and replaced with the roads in rural areas

Centre's plan to club unviable airports unlikely to enthuse investors

Airport monetisation is a crucial component of the Centre's aggressive asset monetisation plan unveiled by Union Finance Minister Nirmala Sitharaman in the Budget for 2021-22

A tweet too much: Govt and Twitter test the limits of intermediary laws

Legal experts say both the Centre and Twitter are trying to push the boundaries of existing laws with regards to intermediary liability and freedom of expression

From IPL to T20 World Cup, Star Sports rides a tournament wave in 2021

18 sporting events will keep viewers and advertisers busy in 2021