Page 2870 - Company News

Bengaluru-based FreshToHome raises $121 million in series C funding

Bengaluru-based brand in fresh fish and meat e-commerce, FreshToHome, announced it has raised $121 million in Series C funding led by ICD,Investcorp, Ascent Capital, DFC, the Allana Group and others

Bharti Airtel Q2 loss narrows down to Rs 763 cr; revenue up 22% YoY

The company had posted a loss of Rs 23,044.9 crore in the year-ago period

SpiceJet starts facilitating Covid-19 tests for passengers in India, UAE

SpiceJet has started facilitating Covid-19 testing for its passengers in India and the UAE with the help of VFS Global, a press release issued by the airline said on Tuesday

Moody's flags Vedanta Resources' failure to take full ownership of unit

Failure may result in weakened liquidity for the group, says Moody's.

BP to Rosneft: Energy companies' CEOs tell their India plan to PM Modi

Global energy bigwigs appear bullish about India's economy in their video interaction with the Prime Minister

Foreign ownership limits: MSCI India to see passive inflow of $2.5 billion

Back in April 2020, the investment legroom for foreign investors in several Indian companies had gone up following the government's decision to automatically treat the sectoral limit as the FPI limit

L&T Q2 preview: PAT may fall up to 64.1% YoY; dividend announcement eyed

Emkay Global estimates net sales (revenue) to come in at Rs 34,188.6 crore, down 3.2 per cent on a year-on-year (YoY) basis.

Flipkart Group garners 68% of Rs 29,000 crore festive sales: Report

Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68% of the total sales as the country saw a massive 55% (year-on-year) growth

IFC to support Netafim India's capex & working capital requirements

The proposed $75 million long-term financing will be in the form of Non-Convertible Debentures

BP wants bigger pie of India fuel market, bats for natural gas under GST

Firm to create 80,000 jobs by increasing fuel retail outlets, along with Reliance, to 5,500 in 4-5 yrs

Future Group-Amazon legal tussle: What are the challenges ahead

Experts share their insights on the enforceability of SIAC's interim order in India and the legal options before the players, namely Future group, Amazon and Reliance Retail

Lenders trash low loan recovery, ask Oaktree, Piramal to up offers for DHFL

Few banks may look at acquiring bankrupt housing finance company's retail book.

Navratri sales: Cars zoom past sales goalposts, two-wheelers trudge along

Car market leader Maruti Suzuki India delivered around 85,000 to 90,000 cars as against 60,000 to 65,000 it delivered last year, said an industry source

Aurobindo Pharma to sell US-based Natrol for about Rs 4,048 crore

Aurobindo's stock reacted positively to the news, going up in morning trade but later settled flat at Rs 784.65 on the BSE

In fight with Amazon, Future Retail sees liquidation if Reliance deal fails

Amazon on Sunday won an injunction from a Singapore arbitrator to halt FRL's deal to sell assets to Reliance

Bharti Airtel enters cloud communications market, launches 'Airtel IQ'

The Indian cloud communications market, estimated at USD 1 billion, is seen growing nearly 20 per cent annually

For Mumbaikars, work from home triggers an escape to beach town Alibaug

As ferry services increase and remote working becomes the norm, the rural beach town has turned into a sought-after refuge for city slickers from Mumbai and Pune

M&M Financial Services' net profit rises 21% to Rs 304 crore in Q2

The provisions and write-offs stood at Rs 619.4 crore in Q2Fy21, up from Rs 360.7 crore in the year-ago period

Bharat spurs growth of FMCG companies, but Urban India not far behind

Urban growth could stage a comeback by June quarter next year, say analysts; firms concur, saying growth divide could narrow in the future

Kotak Mahindra Bank's consolidated PAT up 22% in Q2 to Rs 2,947 cr

Net interest income up 16.8% YoY to Rs 3,913 crore in the reporting quarter, net interest margin 4.52%