Page 2876 - Company News

Brookfield to invest $2 billion in biggest Indian property deal yet

The Canadian asset manager is acquiring 12.5 million square feet of rent-yielding offices and co-working spaces from RMZ Corp

Zensar divests its non-core global Third Party Maintenance business

Zensar, a digital solutions and technology services company, on Monday said it has entered into an agreement with Service Express LLC to divest its global Third Party Maintenance (TPM) business.

SP Group withdraws letters alleging irregularities in new Parl building bid

In a letter to the Central Public Works Department (CPWD), the SP Group said it will not pursue the matter any further

Subhash Chandra's net worth sinks below Rs 10 crore amid deluge of debt

Through a major restructuring, the group has been able to pay off over Rs 11,500 crore, albeit at a high cost.

Bharti Airtel blames contentious privacy policy wording on clerical error

Bharti Airtel has said it does not collect any personal info pertaining to genetic data, religious or political beliefs and sexual orientation, as the telco drew flak over its privacy policy

Traditional brands bank on e-commerce platforms to reach customers

These firms are discovering new frontiers and consumers with the help of Flipkart, Amazon

L&T emerges lowest bidder for 237-km viaduct of bullet train project

Infrastructure company Larsen & Toubro has emerged as the lowest bidder for the design and construction of 237 km length of viaduct for 508-km Mumbai-Ahmedabad High Speed Rail corridor

Top trader-retailer body moves govt against Amazon, Flipkart festive sales

Says hefty discount amounting to predatory pricing, cashback by credit and debit card banks and high interest rate on EMI offered to buyers need to be scrutinised

NCLT okays JSW Steel's resolution plan for Asian Colour Coated Ispat

JSW Steel had emerged the highest bidder for the company in June last year with an offer of Rs 1,550 crore

Awarded FGD installation orders for 50 GW thermal power generation: NTPC

NTPC said it has awarded contracts for installation of flue-gas desulphurisation technology for its 50 GW thermal power generation capacities

Reliance says India will fully shift to renewable energy in few decades

Reliance, which operates two giant refineries with a combined capacity of 1.4 million barrels per day in western India, aims to become a net zero carbon company by 2035

Sykes sets up centre in Hyderabad, to hire 150 people by year-end

Digital marketing and customer service firm Sykes on Monday said it has opened a new facility in Hyderabad - its third in the city - and will hire about 150 people for the centre by the year-end

Coal India subsidiaries to have autonomy in base e-auction price from Nov

Coal India subsidiaries will have autonomy in fixing the base price for e-auction coal from November depending on demand, sources said on Monday.

India likely to ease Air India offer, let suitors decide on taking debt

Current rules require bidders to take over the carrier's $3.3 billion of aircraft debt, deterring buyers

Amul introduces healthy beverage 'Seltzer' by blending dairy, fruits, fizz

Dairy major Amul on Monday said it has introduced innovative and healthy beverage product 'Amul TRU Seltzer', a blend of dairy, fruit juice and fizz, in the market

CIL coal supply to power sector drops 10% in 1st half of FY21 to 198 MT

The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the country

Britannia Q2 profit rises 23% to Rs 495 cr; rebenue up 12% to Rs 3,419 cr

Total expenses were at Rs 2,822.02 crore, up 7.80 per cent from Rs 2,617.64 crore earlier

Nigerian regulator blacklists Vadodara firm over substandard drugs

Matter relates to eight batches of drug made by Mars Remedies from for a Nigerian pharma company; all its products are now barred from entry into African nation

Uber introduces rider mask verification selfie feature in India amid Covid

Unlike for drivers, the rider app will only prompt a passenger to take a selfie if a driver previously reported they were not wearing a mask

Paytm enters co-branded credit card biz, to add 2 mn users in 18 months

Paytm, in a statement, said it is aiming to transform the credit market by enabling ''new to credit'' users to join the digital economy