Page 2930 - Company News

2 Williamson Magor Group companies in advanced talks to recast loans

Promoters are also exploring capital infusion into certain promoter group companies and monetisation of certain assets of the group

Mubadala in advanced talks to invest up to $1 bn in Reliance Retail: Report

Reliance Retail is on a fund raising spree and has secured around $1.8 billion in the past few weeks from KKR & Co and Silver Lake Partners

Kalorck Capital raises concerns over transparency of Jet resolution process

Kalrock has written to the lenders saying that the bid process should be completed transparently and quickly, pointing to the successful resolution of bankrupt Virgin Australia

As domestic sales decline, drug makers focus on exports to sustain growth

During April-July, drug makers exported products worth $ 7.4 billion, a growth of 9.5 per cent on year on year basis

Reliance Jio pitches for spectrum auction; says delay will hurt exchequer

The company, in a letter to the Department of Telecommunications, said there was an an urgent need for immediate auction of all the available spectrum in all bands.

Serum Institute to make 100 mn more doses of Covid vaccine for Rs 250 each

Secures additional $150 mn risk funding from Bill and Melinda Gates Foundation

Apollo will be stronger, more consumer-centric post Covid: Suneeta Reddy

In a Q&A, the MD of Apollo Hospitals on how her company is strengthening its chains in order to come closer to the consumer

IndiGo bucks trend, pays performance-linked bonus to lowest-rung staff

Airline had resorted to pay cuts and had laid off 10% staff when the going was tough; The incentives, withheld earlier, are being given to those with basic pay of up to Rs 50,000

Commodities tycoon Anil Agarwal seeks $5 bn for turnaround fund: Report

The billionaire is working with London-based Centricus Asset Management Ltd on the fund, which will have a 10-year life span and use a private equity-type strategy

Indiabulls Housing sells stake in UK-based OakNorth Bank for Rs 630 cr

Earlier this month, the mortgage lender sold a part of its stake in the UK-based lender to HighSage Ventures, a Boston-based investment firm, for Rs 440 crore

Keventer Agro expands milk collection centers in WB to ramp up production

Keventer Agro that owns the dairy brand Metro is expanding its fresh milk collection centres in West Bengal in a bid to raise its processing capacity to 4 lakh liters per day, the company said

India Cements re-appoints Rupa Gurunath as whole time director for 5 yrs

Gurunath holds chairmanships/directorships in Coromandel Travels Ltd, Coromandel Electric Company Ltd., ICL Shipping and India Cements Infrastructures Ltd

Sellers keen to invest in hiring, infra for festive season: Amazon India

Amazon India had commissioned Nielsen to conduct a study to gauge expectations of SMBs (small and medium businesses) sellers on Amazon from the upcoming festive season

Cochin Shipyard delivers RO-RO vessels to Inland Waterways Authority

In a statement, CSL said the 56 metre long Ro-Ro Vessel is built with in-house design for day and night operation all round the year to carry 15 TEU container trailers and 30 passengers

Tata Motors launches 55-tonne prime mover Signa 5525.S with 3 drive modes

The model offers the power of enhanced performance and lower total cost of ownership, thereby improving revenue and reducing operating cost

Fashion start-up Ciceroni enters e-commerce with curated online pop-up

Branded 'Pari-Sangam', the pop-up will feature nearly a dozen labels in clothing, accessories and decor, as firm aims to reach out to the urban millennial

Two more months needed to kill damaged Baghjan gas well: Oil India chief

OIL Chairman and MD Sushil Chandra Mishra said it has started taking action against employees responsible for the mishap, which has killed three persons

ESIC issues guidelines for Covid-19 safety measures at workplace

The Employees' State Insurance Corporation (ESIC) on Tuesday issued guidelines for Covid-19 safety measures at workplace

Courtesy lending to women aspirants, Avanse Financial raises $15 million

Lending to women has helped private equity major Warburg Pincus-run education loans company Avanse Financial Services raise USD 15 million or Rs 110 crore in foreign debt.

Cement industry has started recovering: India Cements MD Srinivasan

The Indian cement industry has started recovering from the impact of COVID-19 helped by pent-up demand and improved rural markets, India Cements Vice-Chairman & Managing Director N Srinivasan said