Page 2954 - Company News

Carlyle may take $2 billion stake in retail arm of Reliance: Report

Carlyle Group is looking to invest up to $2 billion in Reliance Industries' retail business

Vedanta Resources leads India surge in dollar loans to fund local buyouts

Vedanta, the London-based commodity conglomerate controlled by billionaire Anil Agarwal, raised a $1.75 billion facility in August to finance a plan to take its Indian unit private

Micron Technology partners top varsities to foster tech innovations

The US-based company has introduced the Micron University Research Alliance (URAM), which will focus on building talent in science, technology, engineering and math

The Kia Sonet is a feature-rich compact SUV with funky body language

On the highway, it pulls along with ease and offers smooth commuter ride and drive experience, and also has little competition

Shapoorji Pallonji group may sell S&W stake as Tatas nix Brookfield plan

Group may seek debt moratorium at real estate project level or even sell land parcels across India, say analysts

Paracetamol curbs amid Covid-19 pandemic dent sales during monsoon

Sales of paracetamol are typically high during monsoon when cold and flu ailments are common

Covid-19 impact: New lending formula for road projects on the anvil

The government is looking at an average of the marginal cost of funds-based lending rates, or MCLRs, of several lenders for road construction projects

MNC stocks ruling the roost since 2008, public sector firms remain laggards

Family-owned units rank second, while public sector firms remain laggards

Telcos must fork out Rs 44,000 crore to replace expired spectrum

The figure is based on the base price of spectrum for the upcoming auction fixed by the TRAI and on the assumption that there will be no bidding war

US-based fund DVI invokes force majeure clause in Amtek's debt resolution

While a force majeure clause is common in commercial contracts, in an IBC case, the committee of creditors (CoC) generally doesn't agree to including such a clause in the resolution plan

Ecom Express to create 30,000 temporary jobs ahead of festive sales

E-commerce firms see a large chunk of their business coming in during festive sales and they make significant investments ahead of time to ramp up capacity

Durables firms prepare for Dussehra-Diwali amid slow economic recovery

Over a third of durable sales happens in the festive season, with companies setting themselves up for the season from Aug-Sept, pushing their products into trade and lining up their festive campaigns

DGCA, airlines & 24-hr confusion over in-flight photography ban diktat

Multiple airlines informed the DGCA that they were amending their in-flight announcements to include an additional line about ban on mobile photography and related disciplinary actions

Tamil Nadu software exports at Rs 25,000 cr in last 6 months: STPI

"For achieving the target ($5 trillion) Tamil Nadu has to at least contribute $500 billion to the GDP," Tyagi said

M&M's Meru Mobility Tech planning to focus on corporate commuter segment

Like most of the other ride hailing firms, which went out of business due to the lockdown, Meru also got into the delivery of essential services to survive the lockdown

Tata Group's all-in-one 'super app' ambitions face multiple challenges

The group plans to launch an umbrella portal in December, but there are major challenges in its ability to compete with RIL, Amazon and Walmart-owned Flipkart

India to be self-reliant in fertilisers production by 2023: Gowda

Currently, the fertiliser production of the country is 42-45 million tonnes, and imports are at around 18 million tonnes, according to the official data

Roca Parryware inching towards pre-Covid level sales: MD Ranganathan

All its eight manufacturing units in India are operational and running at 92 per cent of their capacity, he said

At $200-billion market capitalisation, Reliance Industries isn't like FAANG

Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone

New launches, patents: Multiple catalysts for Dr Reddy's US business

The ongoing pace of product launches in the US should lead to stronger growth after a good Q1, say analysts