Page 2749 - Company News

Luxury carmakers rev up in India, plan over 50 new models after Covid pain

With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched a decadal low in 2020

Coal India says geared up to meet surge in fuel demand from power sector

State-owned Coal India Ltd said that it is well geared to meet any surge in demand for coal from the power sector

GM warns Maharashtra's move to block its exit could hit investment

GM said it planned to seek a reversal of the state's order as soon as possible

Tata Power Solar wins Rs 1,200 cr order from NTPC to set up 320 MW project

The order value of the project is approximately Rs 1,200 crore ( USD 162 million). The commercial operation date for this project is set for May 2022

Telcos want govt to clarify onus of security breach post NSD rollout

Under the current rules, telecom operators are held responsible if there is any security breach in their network

Ambani's Reliance Jio doubles down on 5G service pledge after record profit

The group's wireless operator, Reliance Jio Infocomm Ltd. -- India's largest -- has started advance tests to prepare the fifth-generation, high-speed network

Serum fire: No angle ruled out, says CM as Poonawalla pegs loss at Rs 1K cr

Five contractual labourers died in the fire that broke out in a five-storey building in the SII's Manjari premises in Pune on Thursday.

1,500-acre logistics park set to come up near the auto hub of Sanand

Spread across 1,450 acre at Virochan Nagar, the park is expected to attract investments worth Rs 50,000 crore in the logistics and transport space

CapitaLand, Shapoorji Pallonji's PE arm to foray into data centre business

Such centres to witness $5 bn in investments till March 2025 and increase threefold in capacity: Crisil report

Emaar India accuses MGF Developments of illegal transfer of land

Emaar has alleged that MGF's promoter Shravan Gupta and other associates are attempting to sell the land, valued over Rs 500 crore

Grasim to enter paints business with Rs 5,000 cr initial investment

Will take on the likes of Asian Paints, Nerolac in a sector that has registered a revenue CAGR of 11% between FY14 and FY19

Registration of companies up despite Covid-19 pandemic, shows data

Also, 85 per cent fewer companies were closed in the year, compared to those in 2019.

IL&FS board addresses nearly Rs 32,000 crore of debt by December

Last year, in June, the board of IL&FS laid down a road map to resolve 57 per cent of the group's nearly Rs 1 trillion debt pile

Capex plans alive even during Covid-19; BSE100 firms add Rs 55K-cr assets

BSE100 firms add Rs 55K-cr assets amid pandemic, per Deloitte-Business Standard analysis

Strong beat in Q3 brightens up Havells' prospects, revenue at all-time high

The recent surge in stock prices factors in key positives; await better entry point, advise analysts

Portfolio concentration weighs on Bandhan Bank, stock down 13% post results

Dependence on microfinance loans for growth is steadily increasing, which poses a risk in present environment

Home First IPO subscribed 2.2 times on substantial retail interest

The retail portion of the issue was subscribed 3.4 times, while institutional investor portion was subscribed 1.4 times

Tata Motors to hike prices of passenger vehicles by up to Rs 26,000

The company had earlier increased prices of commercial vehicle range, from 1 January

Sustained demand momentum to drive profit growth for Asian Paints

Analysts hike earnings estimates but remain cautious over its margins

SBI Life Q3 net down 40% despite surge in investment, premium income

Net premium income up almost 18%, revenue from investment rises more than 3x