Page 2958 - Company News

Rare art collection by Indian masters worth millions to go under the hammer

The Hansen collection, being auctioned by Sotheby's, includes Gaitonde, Ram Kumar and Krishen Khanna

KKR in advanced talks to invest $1 billion for stake in Reliance Retail

KKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not to be identified because the information isn't public

Silver Lake to invest Rs 7,500 cr in Reliance Retail for 1.75% equity

The investment in Reliance Retail comes a day after it led a $500 million funding round for Byju's that valued the Indian online education platform at around $10.8 billion

DCM Shriram to invest $143 mn in brownfield expansion project backed by IFC

The captive power plant will be funded through the company's internal cash flows, according to IFC, the World Bank's investment arm

Companies can now hold their FY20 Annual General Meeting by Dec 31: MCA

In a major relief for corporates, the Ministry of Corporate Affairs (MCA) has extended the deadline to hold AGM for the financial year 2019-20 till December 31 in the wake of the pandemic

Govt gives more time to companies to conduct annual general meetings

Providing more time to companies, the government has extended the timeline for conducting annual general meetings for financial year 2019-20 till December 31 amid the coronavirus pandemic

Info Edge: Fall in billing a worry, investors should await management views

Q1 was better than estimates, but the 44 per cent drop in billing points to a weak revenue and margin outlook

New launches in key categories to trigger AstraZeneca Pharma's growth

Higher share of patented products, scope for margin improvement and chronic portfolio are key positives

Happiest Minds IPO subscribed more than 8 times on day before close

Happiest Minds is looking to raise Rs 110 crore in fresh capital through the IPO

Bharat Dynamics shares crash 13% as Centre launches OFS to divest stake

Rs 900-crore share sale gets bids worth Rs 720 crore from institutional investors; retail portion to be auctioned on Wednesday

Indigo shares gain as analysts upgrade stock from 'sell' to 'buy'

The analysts expect Indigo's earnings per share (EPS) to improve to Rs 71 in FY22

Reliance Jio plans to roll out 100 million low-cost phones by December

These phones, which will be bundled with data packs, could be launched in December or early next year, sources in the know said

Extra life? PUBG Mobile sheds China link to reach Indian gaming fans

South Korean company said it respected the measures taken by the govt as the privacy and security of player data was a top priority for the firm

Lessons from Covid-19 pandemic: WFH is more, programmed, says Zia Mody

Most of my time is now directed towards making sure that all the duct points are well-coordinated, the teams stay motivated and the uncertainty of it all is managed properly

Kamath panel recommendations: 1,027 listed firms eligible for debt recast

These exclude banks, insurers, and NBFC

Stressed infrastructure accounts see little hope in new RBI norms

The resolution effort may find itself in a conundrum where most road companies may not need it, and power companies may not benefit, say experts

Kamath panel recommendations: Implementation to be key, say hotel execs

Hospitality firms say banks should be willing to restructure

Deepak Kochhar remanded to ED custody for 11 days by special PMLA court

PMLA court rejects Kochhar's plea for meeting family members during custody

PowerGrid's asset monetisation via InvITs gets Cabinet go-ahead

PGCIL will become the first PSU to issue InVIT, and the asset size will be Rs 7,000 crore

India's hiring outlook bleakest in 15 yrs; only 3% firms planning to hire

India is witnessing the weakest hiring sentiment in 15 years with just 3 per cent companies planning to add staff in the next three months, a survey of over 800 employers said on Tuesday.