Page 2993 - Company News

ED searches BPSL's resolution professional, probes 'irregularities' in ties

Beleaguered steel firm batting money laundering charges, forcible possession of its assets

A first in India as IEX gets the go-ahead for green energy trading

Exchange will offer trade in four types of 'green term-ahead' contracts; it already has a platform for trading of Renewable Energy Certificates

Remote working: What the 'tech exodus' means for the Silicon Valley

Apple and Alphabet have long been deeply office-oriented; Yahoo, Best Buy and Reddit ended up reversing course on their flexible work arrangements in the past decade.

Space tech start-up Pixxel to launch satellite on Russian Soyuz rocket

India's first private earth imaging company raises $5 million in seed funding in Blume Ventures-led round

AGR case: Liquidation the only option without spectrum sale, RCom tells SC

Senior advocate Harish Salve, who represents RCom and its committee of creditors, said it will be forced to go into liquidation if spectrum sale not allowed

Reliance Communications' resolution in limbo as DoT raises objection

Plan approved by lenders leaves nothing for dept; NCLT adjourns hearing

Netmeds' journey to a sweet deal as Reliance picks up a majority stake

Promoted by Dadha Pharma, it is one of the earliest players in online pharmacy

How consolidation is sweeping through fast-growing online pharmacy sector

Reliance swoops on Netmeds; sector expected to hit revenues of over $3.6 bn by 2022

Corp affairs ministry allows companies to extend AGMs for up to 3 months

The firms will have to file an application to get an extension

Cabinet expands lending limits for power discoms to help them clear dues

Discoms can borrow only up to 25% of last year's working capital, under UDAY; This has now been relaxed for a one-time lending and would help discoms that have exhausted borrowing limits

Abbott India: More branded products, new launches, volumes to aid gains

The company outperformed most of its peers with a 6 per cent growth in revenues and a 450 basis points y-o-y expansion in operating profit margins

NTPC: Improved earnings visibility boosts sentiment for attractive stock

Rising capitalisation may drive regulated equity returns

L&T Finance plans to raise Rs 3,367 crore through a rights issue

The financial services arm of Larsen & Toubro has started discussing the fundraising with potential advisers, said the people, who asked not to be identified as the matter is private

Zee Entertainment rises on brokerage upgrades, ad and viewership growth

The stock may see a further re-rating if the firm sticks to its pledge on free cash flow and corporate governance

Indian Oil Corp nears first deal to export fuels to Mauritius: Report

IOC mostly stays away from participating in term tenders for fuel exports as the refiner sells most of its fuel in the local market, besides supplying its retail outlets in Nepal and Bhutan

Tata Power to explore M&A opportunities in renewable energy space

Tata Power, which is sitting on a debt of over Rs 43,000 crore, is eyeing Rs 9,000 crore revenues from its renewable energy operations by FY2025

Digital tech firm Brillio expands footprint, opens new office in Chennai

Digital technology consulting and solutions company Brillio on Wednesday opened its fifth office here considering the Tamil Nadu capital as a key talent hub.

OIL suspends work for dousing Baghjan gas well blaze as casing valve cracks

The well no. 5 at Baghjan in Tinsukia district has been spewing gas uncontrollably for 85 days since a blowout on May 27 and it caught fire on June 9

CCI rejects petition alleging WhatsApp using clout to enter payment space

The National Payments Corporation of India (NPCI) had granted permission to WhatsApp in February to operate its payment service to 10 million users in India in the first phase

Chemists' body writes to Mukesh Ambani against RIL's investment in Netmeds

The letter has also been addressed to Prime Minister Narendra Modi, Union Home Minister Amit Shah, Commerce and Industry Minister Piyush Goyal and other top ministers and government officials.