Page 2772 - Company News

Power sector regulator to embrace AI, machine learning to boost functioning

The CERC will be the first such quasi-judicial regulatory body to embrace AI and machine learning (ML)

CBDT rules out extension of deadline for filing audit reports, ITRs

It said the due dates of filing audit reports have already been extended thrice till January 15 this year.

With capital from a record IPO, Mrs Bectors bets big on biscuits market

Its Rs 541-crore initial public offering (IPO), which was launched in December, remains the most subscribed issue in over three years by any company

Pfizer compiling data to answer DCGI queries on coronavirus vaccine

Drug major clarifies it could not present itself before the SEC because of short notice and time zone issues

Advertising volumes grow 10% in 2020, Dettol steals show: BARC data

Growth in ad volumes for 2020 was up 10 per cent from a year ago, with the recovery being sharp in the second half of the year when the Unlock phase began

Amazon urges Sebi to suspend review of $3.4 billion Future-RIL deal

Amazon also urged Sebi about not granting any no-objection in relation to the same and directing the Indian Stock Exchanges not to issue any no-objection/approval letter to Future Retail

Passenger vehicle retail sales rise 24% to 271,249 units in Dec: FADA

Automobile dealers' body FADA on Monday said passenger vehicle (PV) retail sales in December witnessed a year-on-year increase of 23.99 per cent to 2,71,249 units on the back of the pent up demand continuing from the festive season.

DHFL a test case whose successful resolution is critical for banking sector

Reports suggest a potential recovery of 35 per cent from the bid process compared to an average recovery of seven per cent

Bombay HC restrains Sebamed ads across media; next hearing on January 14

Grants interim relief to Hindustan Unilever

Investments in chemical biz, recovery in refrigerants to boost SRF earnings

Continued demand momentum in packaging and films segment add to the optimism

Doubtful of sustainability once pent-up demand fizzles: Maruti Suzuki

Having cornered 50 per cent share of India's car market, MSIL is one of the biggest employers in the country.

Promoter pledging declines to a two-year low of 11% in December

But value of pledged holding rises, buoyed by market rally

DMart scales Rs 2 trn market cap after strong festival-driven Q3 show

Upsides could be capped in the near term on margin pressures

After Airtel and Voda, Tata Tele moves SC seeking AGR dues recalculation

The developments come at a time when the deadline for payment of the first installment of AGR dues is nearing - March 31, 2021.

Carlsberg India probes find 'potential improper payments', child labour

The findings cast a fresh shadow on operations and compliance practices at the Indian joint venture of Danish brewer Carlsberg A/S

Paytm Payments Bank leads cashless toll market with six million FASTags

Has now enabled cashless toll payments across 250 plazas in the country

Meat startups move to stem bird flu fear, give assurance on poultry quality

While organised meat startups claim 100% traceability of their products with full biosecurity, unorganised meat market has taken a beating, going down by 20-25%

DoT says BSNL and MTNL turned Ebitda-positive in first half of FY21

BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan

Apeejay Surrendra Park Hotels signs on 320 rooms under management contract

Aims to have 60% such rooms, 40% owned, in three years as it goes asset light

KKR raises $3.9 billion for its first Asia-Pacific infrastructure fund

KKR raises $3.9 billion for its first Asia-Pacific infrastructure fund