Page 2944 - Company News

Non-payment of dues forces ONGC to withdraw from Sudan oil fields

ONGC Videsh (OVL), the overseas investment arm of the state-owned firm, as also its Chinese partner CNPC and Malaysia's Petronas have withdrawn from the block, a top company official said

Anil Agarwal's Vedanta wins case for $499-million arbitration award claim

Setback for govt as Supreme Court allows the company higher cost recovery for Ravva field

Tata Projects is the frontrunner in Parliament redevelopment project

At Rs 861.9 crore, Tata's bid is lower than L&T's Rs 865 crore

YES Bank: Why investors should not be taken in by rating upgrades

At current valuations, the lender's stock trades at a premium to IndusInd Bank and RBL Bank, leaving little room for error at current multiples

Dalmia Bharat: Charting higher growth via expansions, acquisition

Murli Industries' acquisition will drive market share gains in west India, while multiple expansions continue in east and south

SpiceJet: Seasonally weak Q2 could add to company's accumulated losses

The company is operating at less than half of its pre-Covid schedule and also has much lower load factors currently

More than 1,000 listed companies file June quarter numbers in September

Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark

State infrastructure development authorities MMRDA, MSRDC swap projects

According to reports, the decision to swap the projects was taken during a meeting between the two authorities in August

Silver Lake bets big on marquees as it grows its pool of India investments

US-based global technology fund has already committed to over $2 billion investment in the country this year

Supreme Court to begin hearing SBI's plea against Anil Ambani today

A banker said Ambani has objected to the SBI invoking personal guarantees under the Corporate Debtors Regulations, 2019

Titan ticks with Covid times to roll out contactless payments watches

Titan Pay range, launched in tie-up with SBI, allows bank's YONO account holders to tap the watch on contactless payment POS machines without having to swipe or insert bank card\

Bucking the trend: Rattan India's solar power plans in sunset mode

The former IndiaBulls power firm to focus on thermal power

Tata Tele Maharashtra shareholders approve fund raising of up to Rs 5000 cr

The company also sought shareholders nod to issue non-convertible debentures of up to Rs 2,500 crore on private placement basis

Mobile firms stare at gloomy festive season amid Covid-led disruption

The current quarter (July-September) is traditionally the largest in terms of volume shipment as all leading players fill up their inventory in anticipation of bumper sales in festive weeks

Tencent investing $62.8 mn in Flipkart amid China-India border row

"Our calculations based on available data indicate that Tencent holds a stake in the range of 4 - 5.3 per cent," said Paper.vc

Flipkart plans overseas listing in 2021, seeks $50 bn valuation: Report

Flipkart is likely to choose between Singapore, or the United States for the initial public offering

P&G Health June-quarter net profit jumps 11% to Rs 49 cr despite low sales

In the 18 months to June, the company reported sales of Rs 1,329 crore

SpiceJet starts cargo service in North East, strengthens supply chain

The service will carry both perishable and general cargo to 44 international destinations of the SpiceJet network, Singh said through video link from New Delhi

Loan repayment: Sterling and Wilson gives promoters a year's relief

Shapoorji Pallonji, Daruvala express inability to pay instalments

Exodus of senior management at GoAir continues as 2 more executives quit

Their departure comes close on the heels of half-a-dozen other senior executives, including the then CEO Vinay Dube quitting the carrier last month