Page 2925 - Company News

India Inc seeks to pare debt via InvITs as foreigners are keen to invest

High interest rates, low-risk model key attractions for overseas investors

A will and a way: How MP Birla companies performed under Harsh Lodha

In the long court battle over the M P Birla group, Harsh Lodha has been asked to step down from management. But in the last decade and a half, the group has grown under him

Max Financial: Investors should shift attention to fundamentals

With 72 per cent gains in six months, the stock is an outperformer in the pack; monthly premium numbers don't provide comfort

Equity fund raising rises 88% to $32.7 bn in first 9 months of 2020

This is already a record year for amount mobilised through the equity capital markets (ECM), topping $31.2 billion raised during calendar 2007, according to financial data firm Refinitiv

Investor body slams Amfi for not protecting Franklin Templeton unit holders

CFMA alleged that Amfi was undermining a lawfully registered FIR against FTMF when it was not privy to the forensic audit

Investment fund TPG to invest Rs 1,837 crore in Reliance Retail Ventures

This investment values Reliance Retail at a pre-money equity value of Rs 4.285 trillion

Singapore's GIC to invest Rs 5,512.5 crore in Reliance Retail Ventures

GIC's investment will translate into a 1.22% equity stake in Reliance Retail on a fully diluted basis.

Indian IT firms to gain as US court blocks Trump ban on H1B, work visas

Order says US President "exceeded his constitutional authority" in his move to ban issuance of non-immigrant visas aimed at creating more employment for American locals

Exit was outcome of being truthful and ethical: Dhanalaxmi Bank's Gurbaxani

In a Q&A the lender's MD and CEO dwells on the drama surrounding his ouster at the AGM and how the directors pressurised him to quit after he raised various Governance issues

Hospitality finds little room in Kamath panel's debt restructuring plan

Majority of hotels do not meet the eligibility criteria of the RBI-appointed panel

Will recover money from LVB, officials won't be pardoned: Religare chief

Religare Enterprises has said its NBFC arm Religare Finvest will be able to fully recover its fixed deposits, with an interest, of around Rs 950 crore from debt-ridden Lakshmi Vilas Bank

As demands grow for a local app store, analysts see long road ahead

Reports say the govt is planning to launch a homegrown app store providing an alternative to Google Play Store, Apple Store

Successful resolution applicants cannot be allowed to withdraw offer: NCLAT

A three-member NCLAT bench said the sanctity of resolution process has to be maintained and such withdrawal by a successful bidder "frustrate" the entire exercise of CIRP

Steel producers see retail strengthening despite spiking Covid-19 cases

While Covid-19 pandemic is setting a new normal for most industries across sectors, domestic primary steel producers too are adopting different ways to enhance focus

ITC's e-Choupal boosts farmers' income by 50% with direct sourcing

The e-Choupal ecosystem has so far reached out to four million farmers

Warburg Pincus invests Rs 700 cr to acquire stake in Home First Finance

Home First Finance, True North-backed affordable housing finance firm, said it has entered into an agreement with Warburg Pincus-affiliate Orange Clove Investments BV for an investment of Rs 700 cr

Supplied 9,000 tonnes of steel for all-weather Atal Tunnel, says SAIL

SAIL on Friday said it has supplied over 9,000 tonnes of steel for the all-weather Atal Tunnel which reduces the distance between Manali and Leh by 46 kms

Google says 97% app developers already using Play Store billing system

Google said Play's billing system will not be required for apps that sell physical goods

We expect to grow 15-20% this fiscal: Triumph Motorcycles' Shoeb Farooq

Firm plans to launch pre-owned vehicles in India next month. Today the brand has 7,000 customers here and the India Business Head says that would be good enough to start the programme

Sharp India's non-executive director Seiji Hayakawa resigns from board

The company also announced the appointments of Masahiko Nakagawasa, Abhijeet Bhagwat and Yoshihiro Hashimoto as additional directors (non-executive) with effect from Friday.