Page 3107 - Company News

Trusted QSRs will recover first, maybe in 6 months: Westlife's Amit Jatia

In an interview with Viveat Susan Pinto, Jatia indicates the road ahead for his company

Singapore-based Mapletree buys warehouse in Pune for Rs 300 crore

Development and leasing of the project will be undertaken by KSH Infra

India Inc sees asset impairment surge to Rs 1.6 trn as slowdown bites

Metals, mining and energy major Vedanta tops the list with asset impairment worth nearly Rs 50,000 crore since FY15 as it slashed the fair value of its investment

JSW Cement defers listing, expansion plans further amid Covid-19 crisis

The original plan was to evolve into a 20 mtpa company by 2020

Royal Enfield to go ahead with planned capex, quarterly product launches

Bookings are now at pre-Covid levels of around 60,000 a month in India, said CEO Dasari

Covid-19: Automakers set aggressive cost cutting targets, reduce capex

TVS Motor Co is continuing with its cost reduction efforts of previous quarters, the company's management told analysts last month

Allcargo expects to be debt-free with Blackstone deal closure by Dec

The partnership will help Allcargo's growing third-party logistics business into which it had invested around Rs 1,000 crore

Mutual funds, including FT, receive interest payments from Voda Idea

Franklin Templeton MF -- which had exposure to the debt papers of the company -- in six of its schemes (that have been wound-up) also received the payments

Franklin Templeton MF receives interest of Rs 103 cr from Vodafone Idea

Creation of segregated portfolios is a mechanism to separate distressed, illiquid, and hard-to-value assets from other more liquid assets in a portfolio

Mapletree to buy 700,000 sq ft space in Pune logistics park for $40 mn

This is KSH Infra's second deal for the Pune facility after Morgan Stanley Real Estate Investing picked up around 1 million sq ft of space for over $45 million last year

NCLT allows Jet Airways to sell office in Mumbai's Bandra Kurla Complex

The property is non-core asset of the grounded airlines, which was never used by Jet as part of its airlines business

Delhi discoms record up to 90% rise in digital payments during lockdown

In April and May, zero-cash bill payments were made due to lockdown restrictions

Start-ups tap technology to get malls, hotels back on track amid Covid fear

Start-up companies are assisting businesses to conform to the government's 'social distancing' norms and insulate their air conditioning systems from the shock of virus

Job losses in dealerships could be worse than 2019's auto slowdown: FADA

Between May and July last year, the automobiles dealerships across the country shed around 200,000 jobs to tide over the impact of an unprecedented sales slump

Contracts to outsourcing: How Covid-19 may disrupt India's IT sector

Cornavirus pandemic likely to push the sector to bring in changes to operating and delivery models.

Jio fundraising tops Rs 1 trillion as TPG, L Catterton invest Rs 6,441 cr

The valuation of the deals is in line with recent transactions pegging Jio's equity value at Rs 4.91 trillion and enterprise value at Rs 5.16 trillion

AGR dues: MFs receive interest payment from Vodafone ahead of SC hearing

Franklin Templeton MF, which had exposure to the debt papers of the company in six of its schemes (that are being wound up), also received payment.

BHEL reports Rs 1,532 cr loss in Q4 on lower revenues and deferred tax

The company had posted a consolidated net profit of Rs 680.77 crore in the quarter ended March 2019, it said in a BSE filing.

GMR inks pact with Andhra govt to develop greenfield airport near Vizag

GMR won the bid by offering to pay Rs 303 per passenger fee

ArcelorMittal to invest Rs 2,000 cr in Odisha, says Lakshmi Mittal

Mittal said, the company would work on the two iron ore mines- Sagasahi and Thakurani in Odisha