Page 2959 - Company News

Cube Highways enters Rs 3,500 cr financial deal with SBI

The firm was awarded nine road stretches with 2,265 lane kilometers across states in India last November, in the third Toll-Operate-Transfer round by NHAI

Govt decision to limit export incentives under MEIS to hurt TVS Motor most

Profits of Bharat Forge, Bajaj Auto and Balkrishna Industries will also be hit

GoAir runs over 200 charter flights from Saudi Arabia; repatriates 37,016

GoAir has operated over 200 charter flights from Saudi Arabia to various domestic airports as part of repatriation efforts and has flown more than 37,000 passengers between June 10 and September 4

SC decision to allow due payment over 10 yrs not enough to aid VIL: Fitch

SC decision to allow telcos to pay dues over 10 years will not be enough to help Vodafone Idea, while Jio and Airtel are expected to strengthen their market shares, Fitch Ratings said

India scaling up production of active pharmaceutical ingredients: Kant

India, a global hub for generic drugs, has launched a new scheme to boost production of active pharmaceutical ingredients that are greatly dependent on the Chinese supply chain, according to Kant

Marelli awards multi-year automotive software engineering contract to Wipro

Wipro Ltd and Marelli on Tuesday announced that they have entered into a multi-year global agreement for automotive engineering services

Page Industries: Muted earnings visibility, high valuation hurt sentiment

Muted earnings visibility is a key reason for the stock's decline

Reliance Industries taps Facebook, KKR for investment in retail biz

Silver Lake Partners reportedly eyeing stake worth $1 billion in Reliance Retail

Vodafone, Idea converge into Vi in branding exercise amid telecom war

Experts warn that creating a new brand identity in a competitive market will not be easy

Despite swelling Covid fears, domestic cruise liners wait for a smooth sail

Foreign tourists, cruises go missing this sailing season that kicks off on October 1

Steel under spotlight as price inches towards pre-Covid level

Fimi, EEPC raise issue with the govt over price hike, saying domestic market rates are higher than export prices

HC asks SpiceJet to deposit Rs 243 cr in share transfer row with K Maran

Airline's net worth has eroded completely and it will find it deposit to deposit the amount in the deadline of 6 months.

India Inc heaves sigh of relief as Kamath panel identifies key sectors

The report has identified power, construction, steel, retail and real estate sectors among 26 sectors that need relief

Difficult to avail loan restructuring under Kamath panel: Airline execs

Getting working capital loans will also become difficult as there is no certainty when the passenger flow will pick up

SBI invokes personal guarantees of Bhushan Power & Steel promoter

Action against Sanjay Singal comes within days of the Finance Ministry asking banks to invoke personal guarantees in all insolvency cases

Future Group arm defaults on debt repayment of Rs 22 cr due September 5

In a regulatory filing, the company said it has been unable to service its obligations towards payment of principal redemption and interest due on September 5, 2020

Razorpay starts lending service for small businesses hit by Covid-19

The firm has launched a collateral-free line of credit, 'Cash Advance' for small businesses who can borrow working capital with a credit limit of Rs 50,000 to Rs 10 lakh, within 10 seconds

We are never shy of raising tariffs: Vodafone Idea CEO Ravinder Takkar

In a Q&A session with journalists, Takkar says the two independent brands Vodafone and Idea will be phased out, and the legacy of the two companies will reflect in the common brand

ITC weighs 'alternate structure' for hotels business for value creation

Puri also said that there were many smaller pieces in the portfolio that required support from institutional strengths, and that's why they structured the way they were

ITC clocks growth in e-sales, expects festive season to push overall demand

The company has also witnessed fast growth in its online business in the wake of the pandemic and expect to continue the momentum