Page 2879 - Company News

Adani, Piramal, Oaktree and SC Lowy submit bids for troubled DHFL

Oaktree bids for entire company, Piramal for retail loan book

Hard hit by coronavirus crisis, airlines push for tests over quarantines

International air traffic is down 92 per cent this year as travelers worry about catching COVID-19 and government travel bans and quarantine rules make planning difficult

Consistent revenue growth to remain key for Mindtree stock: Experts

Its ability to support current margin may support the valuation

Jio planning to sell 5G smartphones at Rs 2,500-Rs 3,000 apiece: Official

The company will target 200-300 million mobile phone users who use 2G connection at present

Path to restart Jet Airways operations tough, uncertain, says expert

He also said that the "terms" accepted by the Jet Airways creditors did not make sense to CAPA

L&T is seeing gradual but regular improvement in biz prospects: Analysts

Analysts say improving engineering and construction business, asset monetisation, and better return ratio will provide triggers

Zipaworld to onboard 150 vendors in FY21 as it looks to scale up operations

Logistics e-mall services start-up Zipaworld plans to onboard about 150 vendors, including 40-45 from the overseas markets, by the end of ongoing fiscal as it looks to scale up its operations

DLF's rental arm raises Rs 2,400 cr from SBI to fund future expansion plans

Realty major DLF's rental arm DCCDL has raised Rs 2,400 crore debt from India's largest lender SBI to refinance its existing debt and fund future expansion plans, a senior company official said.

Over 110k sellers got orders in 1st 48 hours of festive sale: Amazon India

Amazon's 'Great Indian Festival' started on October 17 and will go on for about a month to coincide with the festive season

Jet Airways lost, Sanjay Mandavia on course to launch his own new airline

Pilot-turned-airline owner and his partner Biraja Jena, who heads UAE-based fund Imperial Capital, say they are on course to launch FlyBig which has secured 16 routes under Phase-4 of UDAN

Raw material crisis may lead to closure of SME steel units: Industry body

Steel wire makers, belonging to the labour-intensive small and medium enterprises sector, are facing acute raw material shortage that may lead to the closure of several units

Local, heritage brands bet on Flipkart, Amazon to tap the festive season

These traditional brands are also discovering new frontiers and consumers by creating special product lines catering to a pan India market.

Covid-19 pandemic prompts workers, corporates to adopt gig economy

At a time when the COVID-19 pandemic has disrupted the job landscape, gig employment is gaining ground and is offering huge potential for both blue-collar as well as white-collar workers.

Shriram Housing Finance looking at 50-60% hike in loan disbursement in FY21

Mortgage lender Shriram Housing Finance is looking at around 50-60 per cent increase in loan disbursement to Rs 1,800 crore in the current financial year, a top company official said.

Maruti unveils festive offers for govt staff with benefits upto Rs 11,000

The company is seeking to further boost demand with its offer after the recent leave travel concession (LTC) cash voucher scheme announced by Finance Minister Nirmala Sitharaman

Active users' tally: Jio gains 2.5 mn subscribers as Airtel, Voda-Idea slip

Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month

HDFC Bank's September quarter net profit rises 18.4% to Rs 7,513 crore

It had posted a net profit - profit after tax (PAT) -- of Rs 6,344.9 crore in the quarter ended September 2019 (Q2FY20)

Myntra witnesses 14 million visitors in a single day for its festive sale

Clocks 100% growth on the first day of the week-long event, over last year

Direct Create plans to launch awareness campaign to promote handicrafts

Direct Create, an online-offline technology platform for handicrafts, is planning to launch an awareness campaign 'Empowerment through Craft' to enroll entrepreneurs and more craftsmen, it said

Prestige Estates signs deal with Blackstone for stake sale in firm's assets

Prestige Estates is looking to sell the assets to reduce debt and generate liquidity via the Blackstone deal