Page 2956 - Company News

Mahindra & Mahindra terminates share purchase pact with CLP India

M&M had announced that its wholly-owned arm Mahindra Renewables would sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group

Chiratae Ventures lines up 10-14 investments from Fund IV this year

Eyes edtech and e-gaming segments apart from core focus areas

Adani's defence subsidiary acquires majority stake in PLR Systems

The transaction was completed by way of a cash transaction with one of the existing shareholders of PLR Systems

Adani Green to tie up with 10 foreign banks for $1.8 billion funding

Funds to be raised as revolving construction finance for upcoming 12 Gw renewable projects

BS Reads: 1 in 4 flyers in India to land or take off from an Adani airport

While questions may arise over the dominance of a single corporate group in running airports, it pretty much fits into the govt's plan to exit this space and earn revenue without working for it

Two promoters of Max Healthcare Institute sell shares worth over Rs 515 cr

Through separate transactions, Wf Asian Reconnaissance Fund and Smallcap World Fund Inc picked up 77 lakh shares and 2.37 crore scrips of Max Healthcare Institute, respectively

Mukesh Ambani's $2 chutzpah unlocks another fortune for Reliance Industries

In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business

Japan's ORIX Corp to pick minority stake in Greenko Energy for Rs 7,000 cr

"The transaction will further drive capacity, revenue, EBITDA and overall earnings growth for Greenko and our stakeholders," Greenko MD said

Tatas blocking share pledge vindictive, to cause damages: SP group

Shapoorji Pallonji Group that owns 18.37% in Tata Sons said the Tatas moving SC to block its plan to pledge shares for raising funds reeks of vindictiveness, oppression of minority shareholder rights

Hunter Douglas, Siddhartha Logistics partner with Dassault's Rafale project

While Hunter Douglas India installed the metal ceiling at the aircraft's service hanger, Siddhartha Logistics Pvt Ltd holds the inventories of individual parts at its modern warehouse

Canara Bank raises Rs 1,012 cr by issuing Basel III compliant bonds

Canara Bank on Friday said it has raised Rs 1,012 crore by issuing Basel III compliant bonds

Govt extends deadline for merchant bankers to bid for IRCTC till Sept 14

The government has extended the deadline for merchant bankers to bid for managing IRCTC stake sale by 4 days till September 14

Citigroup's next CEO has a Herculean task: Turning the bank around for real

When Jane Fraser takes the helm of Citigroup Inc in February, she will have some big tasks ahead of her

With Happiest Minds, 77-year-old Ashok Soota hits IPO jackpot a second time

Happiest Minds, which gets almost all of its revenue from digital services, is one of two IPOs this week to woo Indian investors

Sebi shortlists Bharti Airtel, Wipro, others to revamp IT infra network

Markets regulator Sebihas shortlisted eight companies including Bharti Airtel, Wipro and Tata Communications to revamp its IT infrastructure network and communication systems

Adani Ports & SEZ raises Rs 900 cr through NCDs on private placement basis

Adani Ports and Special Economic Zone (APSEZ) on Friday said it has raised Rs 900 crore through allotment of non-convertible debentures (NCDs) on a private placement basis

Vistara: Here's why slow and steady may not always win the race

'The airline has been slow and stodgy in its management in this time of crisis,' says an aviation industry analyst

Wound-up schemes: Sebi quizzes Franklin Templeton over investment bets

Followed due process, says fund house

Reliance to offer $20-bn stake in retail business to Amazon: Report

Amazon hasn't made any final decision on the size of its potential investment, says Bloomberg

Hexaware promoter raises $600 mn; to partially use for delisting shares

A voluntary delisting of Hexaware Technologies from the BSE and the NSE is being undertaken