Page 2757 - Company News

Karnataka HC starts hearing CCI petition against Amazon, Flipkart

The Supreme Court had asked the Karnataka High Court to decide the CCI plea for vacating the stay on the probe against Amazon and Flipkart for the alleged anti-competitive practices

TOTAL France to acquire 20% stake in Adani Green Energy for $2.5 bn

As part of the current deal, TOTAL will pick up a 50 per cent stake in a 2.35 GW portfolio of operating solar assets owned by AGEL and a 20 per cent stake in AGEL for a global investment of $2.5 bn

Anarock acquires apartment management platform ApnaComplex from NestAway

ApnaComplex platform is being used by over 22,000 apartment societies in over 80 cities across India

L&T arm wins contract worth up to Rs 5,000 cr from Rail Vikas Nigam

The scope of the project includes construction of tunnels, formation, construction shaft, and other ancillary works between Rishikesh and Karanprayag

Robust deal wins, strong demand to keep growth momentum high for Mindtree

Ability to sustain margins, valuations could limit stock upside

Big oil's flagship plastic waste project sinks in the Ganges: Report

The Alliance to End Plastic Waste, a Singapore-based non-profit group set up two years ago by big oil and chemical firms

Piramal Enterprises: DHFL acquisition fast-forwards retail aspiration

Integration may take about six months, though execution may be a tightrope walk

Mindtree net profit rises 65% to Rs 326 crore in December quarter

On a sequential basis, net profit grew 28.7 per cent and revenue was up 5.1 per cent.

Drone maker ideaForge bets big on indigenisation for armed forces

The Army signed a $20-million deal with the Infosys-backed drone maker last week

PhonePe beats Google Pay, tops UPI app space in December: NPCI data

Google Pay had seen 960-mn transactions amounting to Rs 1.6 trn in November

DLF plans to launch more floors in NCR; to expand in Chennai, Kochi

It also plans to expand its residential presence in Chennai and Kochi

Godrej Fund Management raises $200 million from APG for office segment

GFM has fully invested the previously raised capital under GBTC I and Godrej Office Fund I

Rs 4,500-cr IRFC IPO subscribed 65% on Day-1, retail portion by 1.24 times

Employee quota lapped up by over 13 times. HNI and institutional book saw only a few bids

New product launches to drive growth for Lupin, US business a key trigger

This should reverse the US underperformance in FY15-20 with margins too moving up sharply

Adani Green Energy's promoter sells shares worth nearly Rs 3,309 cr

Adani Trading Services LLP, promoter of Adani Green Energy, on Monday offloaded shares worth nearly Rs 3,309 crore in the firm, through open market transactions.

UK SME fintech platform Tide announces plans to expand into India

Tide on Monday announced its first plans for a test launch in India in the first quarter of 2021, followed by a wider rollout later in the year, as part of its international expansion plans

Lack of semiconductor to hit vehicle output at Ford's Chennai, Sanand units

Shortage has affected entire auto sector, may continue for at least first half of 2021, says company; During April-December period of current fiscal, Ford's production was down 56% YoY

Covid-19 impact: Companies bolster risk handling after a year of bouncers

Companies are focusing more on preparing for unexpected surprises after the shifts in 2020

Cholamandalam Investment MD Arun Alagappan quits, to step down on Feb 14

Will assume larger responsibilities within the Group, say Sources

Apollo Hospitals opens QIP with floor price of Rs 2,508.58 a share

Sources said that the hospital chain is targeting large Domestic Mutual Funds, Sovereign Funds