Page 2821 - Company News

RBI rejects Muthoot Finance's plan to buy IDBI AMC over lack of consonance

The kerala-based gold loan NBFC had signed a deal to acquire IDBI Asset Management Ltd and IDBI MF Trustee Company Ltd in November 2019, for about Rs 215 cr

Huawei's global smartphone market share to slump to 4% in 2021: Report

China's telecommunications giant will account for 14 per cent of the market this year and then drop to less than a third of that, TrendForce researchers said Tuesday

Adani Wilmar eyes Rs 50,000 cr turnover in 5 yrs, pins hope on packed food

Completes 20 years of Fortune brand of edible oil and foods with a turnover of over Rs 30,000 crore; sees packaged staples biz at 3x that of cooking oil in 5 years

Hopefully DCGI to give nod for Oxford's vaccine immediately: Biocon chief

India saw 37,975 new coronavirus infections in a day taking the country's Covid-19 caseload to 91.77 lakh

VC investments in B2B ed-tech start-ups up 77% to $30 million

A report by RedSeer and Omidyar says pandemic-driven online education offerings across Classes 1 to 12 are projected to rise 6.3x by 2022 to create a $1.7 billion market

Embassy to compete with Oyo as it rolls out asset light business model

Under Olive Residences, the Bengaluru-based company will be taking up existing residential buildings and hotels in partnership with owners for a performance-based management fee

Toyota halts operations at Karnataka plant again as union strike continues

The labour strike is over the suspension of a worker

Now, you can 'subscribe' to a Maruti Suzuki car in Mumbai, 3 other cities

The company had earlier launched its 'Maruti Suzuki Subscribe' in cities like Delhi-NCR, Bangalore, Hyderabad, and Pune

Murugappa Group revamp: 20-yr-old corporate advisory board to be disbanded

Instead of the board, which was managed by a family member and five outsiders, the group and individual companies will now be led by senior family members

66 billion transactions to shift to cards, e-payments by 2023: Report

The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business

Maharashtra govt's mandatory RT-PCR test norm may affect airline demand

In the pre-Covid time, there were around 120 flights each day between two cities

Lenders likely to invite another round of bids for bankrupt DHFL

Piramal group did not share the password of the email containing its third round of offers as it was worried about information leak.

Telcos penalised for not curbing unsolicited com communications: TRAI to HC

It has said that these amounts have to be deposited with it by the companies within 20 days from November 23 when the orders were passed

RBI rejects Muthoot Finance's proposal to acquire IDBI Mutual Fund

According to a regulatory filing by IDBI Bank on Tuesday, a share purchase agreement with regard to sale of IDBI Mutual Fund to Muthoot Finance was signed on November 22, 2019

Union Bank of India proposes to raise Rs 1,000 cr from bonds to fund biz

State-owned Union Bank of India on Tuesday said it will raise up to Rs 1,000 crore from bonds to fund business growth.

upGrad buys The Gate Academy, to invest Rs 100 cr in test prep business

Bengaluru-based TGA operates 57 coaching centres across the country

Two-wheeler exports to see stable growth in latter half of next fiscal

Ratings agency Ind-Ra anticipates some bumps in the road in the first half

Tata Trusts, Shell India launch rural tool for start-ups, investors

Tie-up aims to promote sustainable economic growth; framework reduces lab-to-market journey for start-ups, helps them identify partnerships that will aid in integrated rural development

Ctrl-Alt-Del: Advertising council to misleading online gaming ads

Guidelines: No targeting youth under 18; disclaimer about financial and addiction risk mandatory

Pace of recovery, execution key to Motherson achieving 2025 targets

Sharp gains in stock prices leave little upsides in the near term