Page 2937 - Company News

Covid-19 impact: Worst over, but auto, retail, real estate still ailing

These sectors account for nearly a fourth of India's GDP

Future Enterprises defaults on interest obligations of NCDs, again

Future Enterprises Ltd (FEL) on Tuesday said it has defaulted on interest payments of Rs 15.86 crore for its non-convertible debentures.

Mistrys eye huge windfall, set Rs 1.8-trillion price tag for exit

SP group has also assigned a brand value of Rs 1.46 trillion to Tata Sons and wants a proportionate share of the same

NCLT to send Samay Electronics case to 3rd member after split verdict

The two-member Ahmedabad bench of the National Company Law Tribunal (NCLT) had delivered the split verdict on February 26, 2020

Murugappa family votes to keep Valli Arunachalam out of holding co board

Arunachalam has been battling to be recognised as her father's successor on the board

Shapoorji Pallonji Group agrees to exit Tata Sons, calls for separation

The SP group is expecting a valuation of Rs 1.78 trillion for its stake, valuing the entire Tata Sons at Rs 9.7 trillion, or Rs 2.4 crore per share

Israel's Start-up National Central, iCreate unite for innovative projects

Start-Up Nation Central is an independent non-profit organisation

Trai chief calls for creating shareable telecom infra in buildings

Trai Chairman R S Sharma said that contrary to general perception that availability of mobile towers will solve all problems, in-building connectivity still remains a challenge.

E-commerce cos fret over Madras HC ruling on GST refunds on service inputs

The high court's order, which says refunds paid on service inputs can be restricted, runs contrary to Gujarat HC verdict and could complicate matters

EV startup Odysse to double product portfolio by 2021-end, says CEO

Electric two-wheeler start-up Odysse is looking to double its product portfolio by the end of next year, its Chief Executive Officer Nemin Vora.

Power ministry issues Standard Bidding Document for discoms' privatisation

The SBD will be the guiding document for the state governments which might want to offer their discoms to private companies

RSP, a SAIL unit exports over 34,000 tonne of steel plates since July

The unit is ready with additional 1,000 tonne of steel plates for export in the current month

IndiGo operates maiden cargo flight to Chittagong with medical supplies

Budget carrier IndiGo operated its maiden cargo flight to Chittagong in Bangladesh, carrying medical supplies and other general commodities, a release said on Tuesday

Reliance Jio announces range of postpaid plans to take on rivals

In the June quarter, Airtel had the highest ARPU among telecom companies of Rs 157 followed by Jio (Rs 140).

HCC sells Farakka Raiganj Highway to Cube at Rs 1,508 cr enterprise value

Sale is part of HCC's larger effort to pare debt at company level. A separate process to sell an SPV that holds half the firm's debt and significant claims is also underway

NTPC opens up its plant premises for manufacturing units, invites EoIs

BHEL had floated a similar EoI, inviting global firms to leverage its facilities and capabilities to set up a manufacturing base in India.

HMD unsure of making dent in India's coronavirus syringe market

More than half the auto disposable syringes bought by the government - 300 million syringes per annum - for mass immunisation programmes

Sebi bars 12 DHFL promoters from accessing securities for violating norms

They have also been restrained from associating themselves as directors or promoters of any listed public company or associating with any intermediary registered with Sebi, the regulator said

Want to cater to tech enthusiasts in India at different price points: Poco

Handset maker Poco, which was last year spun off from Xioami as a separate entity, on Tuesday said it is focusing on catering to tech enthusiasts in the country

Industry pitches for 'fiscal future road map' with medium term goals

India Inc made a case for announcing a fiscal future road map with medium term goals and recapitalising of public sector banks