Page 2836 - Company News

Vedanta puts in expression of interest to buy entire govt stake in BPCL

The government is selling its entire 52.98 per cent stake in BPCL and last date of putting EoI was November 16

Lummus Tech, TCG Digital form JV offering digital solutions to energy firms

While the joint venture will explore the market in India where it expects substantial growth, it will also start its operations in the US, Middle-East, and Europe immediately

Zomato to charge zero commission to restaurants for takeaway service

The food delivery platform said that for restaurants to be able to tap into this growing demand, it is making takeaway service available for free to its restaurant partners

Amazon opens 'made in India' toy store amid Centre's self-reliance mission

The launch of the "made in India" toy store could help local manufacturers to take on the deluge of Chinese toys into the Indian market

L&T bags biggest order ever for construction & mining equipment biz

To supply 46 units of Komatsu Mining Equipment to Tata Steel

Aditya Birla Capital: High on diversification, not much on conviction

Lending businesses accounting for about half of its valuations remain laggards

L&T bags biggest order ever for construction & mining equipment biz

To supply 46 units of Komatsu Mining Equipment to Tata Steel

Telecom to oil firms: Q2 results give no clear sign of broad revival

The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers

Musk beats Zuckerberg to become 3rd-richest person as Tesla enters S&P 500

Tesla will enter the S&P 500 on Dec. 21 following months of speculation and one temporary setback, when the stock failed to make the cut during the index's quarterly rebalancing in early September

IRB Infra InvIT completes second fund raising round by securing Rs 510 cr

IRB will continue to hold 51% and GIC affiliates will continue to hold a 49% stake in the IRB Infrastructure Trust

JSW Infra completes acquisition of Chettinad Group's port biz for Rs 1K cr

JSW Infra will also modernise its port assets which now have a combined cargo handling capacity of 17 million tonnes per annum

Gujarat State Petroleum seeks LNG cargo for January delivery: Report

India's Gujarat State Petroleum Corp is seeking a LNG cargo for delivery in January, two industry sources said

Lakshmi Vilas Bank under moratorium; RBI proposes merger with DBS

Withdrawals capped at Rs 25,000 till Dec 16; finances see steady decline as NPAs mount

Dhanlaxmi Bank CEO case to test primacy of RBI over banks' shareholders

The removal of CEO Sunil Gurbaxani has led the private banking system into uncharted waters

Due diligence for Tata Steel Netherlands biz to complete by December end

The country's oldest steel producer is currently in talks with SSAB Sweden for the sale of its Dutch operations, as it seeks to make a full exit

Piramal revises offer for DHFL's retail book to counter Adani bid

Revised offer by Piramal not opened till going to press; Oaktree retains its offer at Rs 31,000 cr, Adani remains highest bidder

Embassy Reit to acquire Embassy TechVillage in Bengaluru for $1.3 bn

This is the largest single property commercial deal in the country

Recovery in toll collections, order flows driving IRB Infra's prospects

Construction segment too may pick up in second half, but high debt still a concern

L&T delivers India's first launch hardware for human space programme

The critical booster segment, with a diameter of 3.2 metres, length of 8.5 metres and weighing 5.5 tonnes, was flagged off in a virtual event by Isro chief Sivan

Airtel starts refarming 2G spectrum for 4G services to bump indoor coverage

The refarming of 900 Mhz spectrum band for 4G services is underway in six circles of Delhi, Kolkata, Andhra Pradesh, North East, Karnataka and Rajasthan