Page 2755 - Company News
Fireside Ventures' consumer brand startups cross $1 bn in total market-cap
The venture capital firm founded by top investor Kanwaljit Singh has also closed its second fund Fireside Fund II at Rs 863 crore
 "Fireside Ventures' consumer brand startups cross $1 bn in total market-cap")
Tata versus Mistry: Lenders hold out hope on Supreme Court verdict
While SP group sources said the verdict and debt rejig plans are unrelated, lenders said the group will be able to raise substantial sums if the SC allows it to pledge its shares in Tata Sons
 "Tata versus Mistry: Lenders hold out hope on Supreme Court verdict")
Competition Commission of India approves Flipkart-Aditya Birla Fashion deal
Competition Commission of India on Wednesday said it has approved the acquisition of 7.8 per cent minority stake in Aditya Birla Fashion by Flipkart Investments Private Ltd (FIPL)
 "Competition Commission of India approves Flipkart-Aditya Birla Fashion deal")
L&T Technology Services third quarter net profit falls 8.8% to Rs 186.1 cr
Larsen & Toubro Technology Services posted an 8.8 per cent decline in consolidated net profit
 "L&T Technology Services third quarter net profit falls 8.8% to Rs 186.1 cr")
Indian cos mustn't get caught in covid co-morbidities: Kumar Mangalam Birla
Likens the way Covid impacted those with hypertension, diabetes etc, with the business shocks it delivered, while asserting that enterprises aren't genetically predisposed towards co-morbidities
 "Indian cos mustn't get caught in covid co-morbidities: Kumar Mangalam Birla")
Ola partners with Siemens for electric vehicles manufacturing facility
The manufacturing facility is coming up in Tamil Nadu
 "Ola partners with Siemens for electric vehicles manufacturing facility")
SpiceJet adds two wide-body aircraft to its cargo fleet for long haul
SpiceJet has added two wide-body planes, a B767 and a A330 model, to its cargo fleet to transport items
 "SpiceJet adds two wide-body aircraft to its cargo fleet for long haul")
Srinivasaraghavan to retire in March after 18 years as Sundaram Finance MD
He has been with the company for the past 38 years, will be succeeded by Rajiv Lochan
 "Srinivasaraghavan to retire in March after 18 years as Sundaram Finance MD")
L&T arm wins transmission line orders worth up to Rs 5,000 cr in Bangladesh
A fast-growing economy in South Asia, Bangladesh has embarked on a plan to alleviate infra deficiencies and upgrade its power system to sustain the growth
 "L&T arm wins transmission line orders worth up to Rs 5,000 cr in Bangladesh")
How green are EVs? Long, winding road ahead for electric cars in India
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time
 "How green are EVs? Long, winding road ahead for electric cars in India")
Adani Green Energy commissions 150 MW solar plant in Kutch, growth at 55%
The subsidiary has a 25-year power purchase agreement with the Gujarat Urja Vikas Nigam India at Rs 2.44 per unit price
 "Adani Green Energy commissions 150 MW solar plant in Kutch, growth at 55%")
L&T construction arm bags orders worth up to Rs 5,000 cr in Bangladesh
The engineering and construction company did not provide the exact value of the contract, but as per its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 cr
 "L&T construction arm bags orders worth up to Rs 5,000 cr in Bangladesh")
Adani Solar Energy commissions 150 MW solar power project in Kutchh
With the commissioning of this project, AGEL now has total renewable capacity of 14,795 MW including 11,670 MW awarded and under implementation projects
 "Adani Solar Energy commissions 150 MW solar power project in Kutchh")
Time to take stock of our personal reserves, meaning of our work: K M Birla
We will look back at the year not so much for the memories it helped us create, as for the new tangents and angles it forced on the arc of our recent history
 "Time to take stock of our personal reserves, meaning of our work: K M Birla")
Shriram Automall to foray into Rs 50,000 cr forward auction industry
After going through extensive tests for nearly three years, SAMIL has become the first private company in India to have its auction portal certified by the prestigious STQC directorate
 "Shriram Automall to foray into Rs 50,000 cr forward auction industry")
Netflix forecasts an end to borrowing for financing projects, shares surge
Netflix said it will explore returning excess cash to shareholders via share buybacks. It plans to maintain $10 billion to $15 billion in gross debt
 "Netflix forecasts an end to borrowing for financing projects, shares surge")
Public hearing on Adani's revised master plan for Kattupalli port deferred
The company applied for environmental nod for a Rs 4,000 cr port and harbour project that is part of a Rs 53,400 cr master plan
 "Public hearing on Adani's revised master plan for Kattupalli port deferred")
Spike in fertiliser sales boosts prospects for Coromandel International
While rabi season drives hopes of a strong Q3, analysts are hopeful of strong growth over the next two years
 "Spike in fertiliser sales boosts prospects for Coromandel International")
L&T Finance: Retail shift slowly playing out, credit cost remains a concern
While disbursements improved in Q3, asset quality trend remains an uncomfortable patch
 "L&T Finance: Retail shift slowly playing out, credit cost remains a concern")
Sebamed gets relief from Bombay HC in ad war with Hindustan Unilever
Bombay HC permits campaign to run with some modifications
 "Sebamed gets relief from Bombay HC in ad war with Hindustan Unilever")