Page 2777 - Company News

Farmers' protest: Govt may add rice, wheat in PM-ASHAA to end logjam

Also exploring option of a minimum reserve price for traders based on production cost

Prasar Bharati digital channels grow 100% in 2020, Pak second biggest user

Digital channels of Prasar Bharati have registered more than 100 per cent growth in 2020, with Pakistan being the second highest digital audience for Doordarshan (DD) and All India Radio (AIR)

Centre plans to offload 10% stake in Rashtriya Chemical and Fertilizers

The government holds 75 per cent stake in RCFL and intends to disinvest 10 per cent of the paid up equity capital through an offer for sale

Govt to divest 26% stake in BEML; EoI submission open till March 1

The sale could fetch the government Rs 1,055 crore, according to the company's share closing price on Friday

Explained: How farmer protest against Reliance Jio rang out in Punjab

Online classes, mobile banking, railway bookings, e-medicine services take a hit

PE-VC investments in 2020 grow 6.6% to $39.2 bn on back of RIL deals

Venture Capital type investments however fell 13 per cent in value (and 16% by volume) in 2020 ($10.7 Billion across 694 deals) compared to last year ($12.5 Billion in 832 deals).

Pharma exports likely to get a boost on coronavirus vaccine shots

However, he said that many countries, especially the European Union, are likely to step up production and increase their portfolios in an attempt to reduce import reliability.

Seven of top-10 firms add Rs 75,845 cr in m-cap; HDFC twins top gainers

Apart from HDFC duo, Tata Consultancy Services (TCS), Infosys, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were other gainers.

Govt plans OFS for 10% stake sale in RCF, seeks bids for legal advisor role

The Union Government plans to sell 10 per cent stake in Rashtriya Chemicals and Fertilisers Ltd (RCFL) through offer for sale (OFS)

Govt invites preliminary bids for 26% strategic sale in defence PSU BEML

The government on Sunday invited preliminary bids for strategic sale of 26 per cent stake along with transfer of management control in defence PSU BEML

Rourkela Steel Plant sets records in production, dispatch despite Covid

Rourkela Steel Plant, a unit of the state-run SAIL, said it has set records monthly hot metal production of 4,06,397 tonnes and crude steel output of 3,62,388 tonnes in December

Lords Hospital to invest Rs 100 crore to add 200 beds, develop infra

The hospital's medical facilities, protocols and emergency services will provide patients with the highest standards of medical excellence for improved outcome in the post-covid future

Sony ships 3.4 millionn PlayStation5 units, plans 18 mn for this year

The PlayStation maker shipped a record-breaking 3.4 million units of the PS5 within the first four weeks of its launch, reports DigiTimes

Discoms' outstanding dues to power gencos rise 35% to Rs 1.41 trn in Nov

In November 2020, the total overdue amount, which was not cleared even after 45 days of grace period offered by generators, stood at Rs 1,29,868 crore as against Rs 93,215 crore in the year-ago period

Tower damage case: Airtel writes to DoT, says Jio's charges are baseless

This comes after Jio's purported allegations that channel partners of rival telcos were inciting and provoking agitators involved in tower disruption

TVS Motor's two-wheeler sales up by 20% in December; exports up 28%

Motorcycle sales grew by 27%, recording 119,051 sold units in December 2020 as against 93,697 units in December 2019

Indian IT firms to take a hit as Trump extends H-1B visa, green card freeze

The freeze on various categories of work visas was ordered by Trump through two proclamations on April 22 and June 22 last year.

Sportcars to EVs, new wheels on the block set to drive interest in 2021

The latest sportscars, sedans, SUVs and electric vehicles to look forward to this year

Mahindra and Ford Motor Co call off proposed JV citing pandemic

Mahindra also expects to close deal with a potential buyer for a stake sale in Ssangyong

MFIs may have to recalibrate business in Assam following state curbs

The state government has imposed restrictions on lending and recovery practices in response to the 2019 flood crisis