Page 2735 - Company News

Top headlines: BSE firms' m-cap tops Rs 200 trn, RBI's plan to revive PMC

Walmart-owned digital payments firm PhonePe has distributed ESOPs (employee stock ownership plans) worth $200 million among its 2,200 employees. Read top news with Business Standard

PhonePe distributes ESOPs worth Rs 1,500 crore among all employees

The digital payments firm has rolled out the compensation to all its employees ranging from software engineers, product managers to customer experience and on-ground sales agents

Red-hot rally: BSE firms' market capitalisation crosses Rs 200 trillion

India's market cap-to-GDP ratio is now over 100%

Founders of Asia's family-owned companies seek private equity exit

Publicly listed family firms in Asia have a market capitalisation of more than $5.56 trillion; analysts say change in their ownership could be seismic.

Celebrity brand valuation: Virat Kohli tops, Ayushmann Khurrana gains

Despite the pandemic battering the movie business, the top 10, with the exception of Kohli, were exclusively film stars

Television advertising volumes up 23% in January, shows BARC data

It can be noted that the pandemic led to a drop in economic activity which impacted advertising deeply.

Reliance arm sheds entire stake in Pennsylvania shale assets for $250 mn

Citigroup Global Markets acted as financial advisor to Reliance and Gibson, Dunn & Crutcher LLP served as its legal counsel

Airtel says it's improving network, seeks 'full footprint' in spectrum

Telecom company announced a net profit of Rs 854 crore, after six quarters, this week

Option to remain a large NBFC 'very much on the table': HDFC group CEO

Mistry said he was confident that bounce back in demand for home loans would continue

SBI: Turning over a new leaf, poised to benefit from credit growth

Stress on the asset quality front is at a multi-quarter low; bank ups PCR to 90 per cent

High valuation and margin concern may limit rally in Apollo Tyres

Healthy volume outlook, focus on debt reduction are key positives, say analysts

Sebi ban on Biyani, others won't impact deal with Reliance: Future Retail

Future Retail said Sebi's one-year ban on its Chairperson Kishore Biyani from the securities market will have 'no impact' on the deal with Reliance

Fujifilm to invest $200 mn to open 100 health-screening centres in India

Fujifilm on Thursday said it plans to invest around USD 200 million (about Rs 1,450 crore) to open 100 health-screening centres in India to test 10 common cancers.

Pick-up in leisure travel helps hotels post sequential revenue growth

Cost cutting initiatives by Indian Hotels, EIH helps restrict loss at the operating level

We are optimistic about the hydropower sector: JSW Energy's Prashant Jain

The power ministry, in a recent notification dated January 29, had extended the mandatory HPO till 2030.

BigBasket loss widens 6.7% to Rs 611 crore, revenue up 36% in FY20

The firm, which is soon to be acquired by the Tata Group, saw its total expenses widen 31 per cent from Rs 3,376 crore in FY19 to Rs 4,433 crore in FY20

India a phenomenal market for Unilever, second only to US: Alan Jope

Outlines blueprint for future growth; India, China and US are key

Reliance deal will save jobs of 25,000 employees: Future Retail lawyer

The Delhi High Court is hearing the appeal filed by Future Retail Limited (FRL) against the Court's order passed earlier this week

Ethics, climate mark 'good business' for investors in tier-2 cities: Study

Investors in tier-one cities-- Delhi, Mumbai, Bangalore, Chennai, Ahmedabad and Hyderabad-said they would stick to traditional business criteria

HCL Technologies signs 5-year agreement with Airbus, plans expansion

The deal will help HCL expand its global footprint, especially in France, Germany and Spain. As part of the deal, the IT major will deliver multiple services from its centres in France