Page 2924 - Company News

Clix Capital planning to raise upto Rs 2,500 cr through debentures

The company would raise funds through private placement of debentures in one or more tranches. It, however, did not elaborate on the purpose of raising funds.

CEOs indicate business sentiment revival; economic recovery on anvil: CII

The CEOs, who took the poll, included representatives from across sectors like metals and mining, manufacturing and others

Delhi's peak power demand reaching pre-Covid levels as economy opens up

n September this year, the peak power demand was just 5.9 per cent lower as compared to the corresponding month last year

Nerolac expects double-digit growth this year, to invest Rs 450 cr

A 57 per cent market share in the automotive paints segment makes Kansai Nerolac the largest segmental player

Dassault, Shiv Nadar University set up research centre in Greater Noida

Shiv Nadar University Vice Chancellor Rupamanjari Ghosh said the SDC's emphasis is on fostering research and innovation to develop real-life, sustainable solutions of 21st century

Fair, transparent process adopted in MSIP bid: UIDAI on tech firms' charges

The Unique Identification Authority of India (UIDAI) had floated a tender for contracting a managed services infrastructure provider

BEML implements 'catch-up' plan to make up for output backlog due to Covid

The Bengaluru-headquartered company under the Ministry of Defence has set a revenue target of over Rs.4,000 crore for 2020-21, up from Rs 3,029 crore in the previous fiscal

In a bid to gain presence, Triumph to launch used-bike programme by Oct-end

Currently, Triumph retails nearly 13 products across various categories in the country

Worst is behind, will complete RFL debt recast by Dec: Religare chairperson

The company has been in financial distress, primarily due to alleged misappropriation of funds by erstwhile promoters Shivinder Singh and his brother Malvinder Singh

CIL's coal allocation to power sector under e-auction rises 8% in Apr-Aug

CIL's coal allocation under special forward e-auction for the power sector registered a rise of 8.4 per cent to 7.94 million tonnes (MT) in April-August period of the ongoing fiscal

Sales recovery 'tactical' due to pent-up demand, not sustainable: MG Motor

Recovery seen in auto sales in the past couple of months is not a sustainable one and there is a question mark on how the industry would fare next year as the sector is hugely linked to the economy

Kia Motors looks to ace SUV segment in India with Seltos and Sonet

Kia Motors is vying for the top slot in the high selling entry-level, mid-SUV segments in India with Seltos and Sonet generating robust volumes for the company, according to a senior company official

Govt weighs legal options after losing Vodafone tax arbitration case

Finance Ministry sources said the government will decide on challenging the award before a court in Singapore - which was the seat of the arbitration, after taking legal opinion

Brookfield REIT issue may spur investment, demand in commercial real estate

Brookfield's proposal to launch REIT public issue for raising over Rs 4,000 crore augurs well for the future of India's office market, according to realty experts.

SAIL exploring new markets to source coking coal: Chairman Anil Chaudhary

State-run steel maker SAIL is exploring new markets for the sourcing of coking coal with a view to reducing dependence on select countries for the raw material, its chairman Anil Kumar Chaudhary said

Paytm, other startups vow to fight 'big daddy' Google's clout: sources

Setting the stage for a potential showdown, entrepreneurs held two video conferences this week to strategise

Flipkart to host six-day 'Big Billion Days' festive sale from October 16

Event this year will bring offers each hour from lakhs of sellers with thousands of brands across categories; 'early access; for Flipkart Plus customers on October 15

Coal India, NTPC 'break the jinx', report growth in Q2 as industries resume

Growth in power demand remains in negative though it is picking up coronavirus-related restrictions are eased: NTPC.

French food major Danone set to grow business in India amid slowdown

Danone had acquired a bunch of brands, including Protinex, Dexolac, and Farex, from Wockhardt in 2012 for Rs 2,600 crore.

Low-profile Indian origin brothers buy British supermarket chain Asda

'We've been on the pumps, we've been stocking the shelves', say Mohsin and Zuber Issa.