Page 2996 - Company News

Embassy Office Parks REIT to raise up to Rs 2,000 cr via issuance of NCDs

This will be the second fund raise by the listed REIT via the NCD route

Roca gets new MD for Asia-Pacific region; re-appoints MD for India

Also, the company announced the re-appointment of K E Ranganathan as managing director (India) for the next five years

Tata joins Unacademy, Dream11; submits EoI for IPL title sponsorship rights

Tata Group's entry into the fray makes the bidding war on August 18 very interesting

GVK group auditors offer to resign, cite non-cooperation from company

The auditors alleged that despite several communications to GVK, the group did not provide them with necessary information

Hit by Covid-19 disruptions, BPCL trims FY21 capex plans to Rs 8,000 cr

The company on Thursday reported a doubling of its net income at Rs 2,076 crore in the June quarter boosted by an inventory gain of Rs 565 crore and a marketing gain of Rs 1,003 crore

Biz consulting group Ma Foi launches e-learning platform Ma Foi Etude

Platform will cater mainly to rural and semi-urban students empowering them with future-ready skills that meet corporate demands

NLC India says it has raised Rs 1,000 crore by issuing commercial paper

NLC India on Friday said it has raised Rs 1,000 crore by issuing commercial paper.

AGR case: SC seeks details of spectrum sharing between RCom, Reliance Jio

Spectrum is a government property, not private, and anyone using it is liable to pay the dues, the apex court said

Insecticides reports 33% decline in June-quarter profit to Rs 24 crore

Insecticides India Ltd on Friday reported a 33 per cent decline in its net profit at Rs 24.1 crore for the quarter ended June.

AI officials leave for US to get custom-made B777 plane for VVIP travel

During the travel of the VVIPs, the two B777 aircraft will be operated by pilots of the Indian Air Force and not of Air India

Madras HC stays order barring Patanjali Ayurved from using mark 'Coronil'

Division Bench grants the company relief for two weeks

Sebi penalises LIC, BoB and SBI for failing to pare stake in UTI MF

IPO in the first week of September to ensure compliance

Portfolio outstanding of fintech companies grew 92% in 2019: Report

Personal loan disbursements by NBFC-fintech companies grew by 110 per cent in 2019 compared to industry average growth of 22 per cent, it said

Solar installations in H1 of current calendar fall 59% over last year

The decline is worrisome given that the deadline for meeting the ambitious target of 175 Gw of renewable capacity is barely two years away

Flipkart eyes alcohol delivery market with Diageo-backed startup: Report

West Bengal and Odisha governments have said that Flipkart can be associated as a technology service provider of Diageo -backed HipBar, an Indian alcohol home delivery mobile app

UP infra arm to bid for global projects, float special tendering wing

Rajkiya Nirman Nigam has bandwidth for Rs 5,000 cr projects

Make in India boost: 2.3 mn PPEs exported to 5 nations in July, says govt

Personal protection equipment export to five countries include the US, the UK, the UAE, Senegal and Slovenia

Non-Financial disclosures to dig deep into sustainable corporate practices

Experts have called some of these steps "pathbreaking" towards improving transparency in non-financial reporting which under new norms will become as exhaustive as financial reporting

NGT asks 4 firms to pay Rs 286 cr for Mumbai's 'gas chamber' like condition

The NGT directed HPCL to pay 76.5 crore, BPCL 67.5 crore, AEGIS 142 crore and SLCL Rs 0.2 crore

Rise in fiscal deficit likely to impact construction sector this yr: Report

The agency had recently noted that the fiscal deficit of central and state governments will come at 12.1 per cent with the states contributing 4.5 per cent of it