Page 2946 - Company News

Full recovery in consumer durables will be long drawn affair: Analysts

Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times

CAMS IPO upsized by 50% to facilitate NSE exit, to comprise 18.2 mn shares

The issue size is likely to be around Rs 2,200 crore, up from Rs 1,500 crore

Over 1,600 firms got $1 bn FDI from China during Apr 2016-Mar 2020: Govt

The automobile industry received the maximum FDI from China at $172 million

Absolutely clear on zero tolerance for hate speech at Facebook: India MD

Mohan said the company is investing a lot on artificial intelligence and automated systems to make sure that it is able to detect content that violates these community standards, even before the users

Suitors opting out of race for Lavasa over fall in realty prices

Haldiram, Oberoi Realty's plans hit; No pick up in demand expected in next 2-3 years

Major defaults in our corp bond holdings due to Covid unlikely: LIC chief

In a Q&A, chairman M R Kumar says the insurance behemoth isn't considering scaling down targets and hopes to reach its budgeted figures at the end of FY21

Promoting IT sector to make Tamil Nadu as hub of South Asia: Govt

Tamil Nadu was actively promoting the Information Technology sector with the objective of making it an Information and Communication Technology hub of South Asia

Indiabulls Housing Finance gets short-term A1+ rating from Brickwork

The rating committee of Brickwork Ratings has assigned short term rating at ''BWR A1+''. The long term rating has been reaffirmed at ''BWR AA+'', the company said in the regulatory filing

NPPA extends price cap on knee implants by a year to September 2021

A few weeks back, the pricing regulator had extended the price cap by a month after the earlier order validity ended in August

Future Enterprises reports Q1 net loss at Rs 323 cr due to Covid lockdown

Its total expenses were at Rs 639.27 crore as against Rs 1,440.93 crore, down 55.63 per cent

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Pre-bid meeting held today, railway station to serve as multi-modal hub with upgrade of infra and provision of amenities such as an elevated concourse, multi-level car parking

Nasscom submits feedback on non-personal data draft report, identifies gaps

The body said mandating data sharing could reduce incentives to invest in the collection and processing of data

Perfect Relations founder Dilip Cherian opts out of Taj GVK board

The move comes just days after the hotel company said in a regulatory filing on September 10 that the board had approved Cherian's appointment as a director for five years

Sebi allows Hexware to extend delisting offer by one more day to Sept 16

The cut-off date for Registrar to provide acceptance details is September 29, 2020, while the settlement date has been revised to September 30, 2020, the filing said

Signs of green shoots in PVs, two-wheelers: Exide CEO Gautam Chatterjee

Many OEMs have registered improved sales vis-a-vis the past couple of months, and these bring back a sentiment of resolve to the sector, he said

Flipkart says Big Billion Days will create 70,000 direct jobs in festivals

Flipkart is undertaking training programmes for its direct hires in various aspects of the supply chain

IRB Infra arm inks pact with NHAI for Vadodara-Mumbai Expressway stretch

The company said the construction period for the stretch is 730 days, while operation period is 15 years

Ratan Tata backed CashKaro raises $10 mn from investors in Series B funding

The company had previously raised their Series A and angel round of funding from Kalaari Capital, Ratan Tata, and London-based angel investors

Exide Industries developing solutions for hybrid, electric vehicles

Chatterjee said with declining upfront costs and gradual improvement in technology, higher production of electrified vehicles is feasible now

Red signals from green protests: Impact of Sterlite closure on livelihoods

Sterlite's argument is that there is a case for heightened pollution in the Thoothukudi area, but it has not been conclusively proven anywhere that Sterlite specifically was the cause of it